Detri_Mantela

Detri_Mantela Jan 9, 2021

I consider myself more like a long term investor but here I see a clear short-term trade that can be made. You can buy now or wait for the confirmation above $23. SL is at $20.6. Sell as much you wish in the clear resistance areas. I personally plan to sell most of it at $70.

Detri_Mantela Jan 9, 2021

I personally bought $BAND as soon as it broke out of the accumulation zone around $8.8 but I still think it is not late as the first goal for our 10% sell is at $28.

Detri_Mantela Jan 9, 2021

The legendary resistance which formed in October 2018 has just been broken! Don't even think about selling in the near future. We have to identify boundaries of the channel we currently are moving in.

Detri_Mantela Dec 26, 2020

Damn, I was really thinking buying it at 34 cents this morning. At least now we got the confirmation so it is not too late yet to jump on the train. The only way is up!

Detri_Mantela Dec 26, 2020

API3 is ChainLink in 2017. It is a first-party oracle backed by Digital Currency Group, Emurgo and many others. There is quite high probability Cardano will be using API3 as its native oracle. The current market cap is around $30m and it is available only on Uniswap, OKex and Huobi. We have been in a nice uptrend since the very beginning and now sit in the...

Detri_Mantela Dec 26, 2020

Radix will be huge in a year or two - it has been in development for many years and has one of the most impressive techs I have ever seen. Now the price is literally at ATL. An opportunity like this can never come ever again. It is availbale only on Uniswap now.

Detri_Mantela Updated  Dec 25, 2020

Every textbook will tell you to not trade against a trend but what if we do? Avalanche is a legitimate project which has been in a clear downtrend since October - all trends tend to end at one point or another. So how do I know now is the point? The answer is simple - I don't but if you will take a look at the AVAX/BTC chart you will see why now can be a good time to buy.

Detri_Mantela Updated  Dec 25, 2020

The uptrend obviously has weakened and the price is about to close beneath the (quite steep I must say) support. Of course the prefect short entry would be at $94 as AAVE was trying to break the resistance for the third time but I wasn't familiar with the chart at that time so I ask you to forgive me for that. If we will try to break that level again I will simply...

Detri_Mantela Updated  Dec 25, 2020

Now we are at the lower range of the accumulation channel. Buy now and buy more when the price will break the support (I am sure it will). Sooner or later the price will moon. Anything between $3-$4 I would consider a perfect entry. Now it is just a "good" one.

Detri_Mantela Updated  Dec 25, 2020

What I love about trading trend lines is the fact you have the maximum Profit/Risk ratio. I don't know if the price will go up from this point or down but at least I know where to exit my position: either with profit or with loss. I wouldn't be surpised to see the price going down considering the fact Bitcoin is still due to a major correction but it is a risk...

Detri_Mantela Updated  Dec 24, 2020

I think the chart is quite self-explanatory

Detri_Mantela Updated  Dec 24, 2020

Despite Kusama doubling its price in the last 6 weeks I believe it to be just the beginning. Its market cap is still relatively small in comparison to its "parent blockhachain" - Polkadot. Here were formed pretty neat ascending triangle and bounced off of the the well established support trend line. Though still can be a potential double top so be careful - all...

Detri_Mantela Updated  Dec 23, 2020

I would recommend to buy this break out and then buy some more when we will touch the trend line again (which is quite possible) thus forming a double bottom and continuing our movement upwards.

Detri_Mantela Updated  Dec 20, 2020

Touched the upper limit of the yellow channel. Though there still is a posibility to go to the upper resistance of the red channel (about $170). The RSI doesn't look good and the volume reached its peak a couple of days ago and since then started to decline. So it is better to short a little bit here and a little bit there if that happens. The target is around...

Detri_Mantela Dec 20, 2020

There definitely is no more room to move higher at this point. The closest support is obviously at $20k level but I really wouldn't be surprised to see the price go as low as $17k in the next month or so.

Detri_Mantela Dec 1, 2020

It is just an addition to my previous BTCUSD idea which was more based on RSI indicator. Here we have not 1, not 2 but 4 different resistances: the first and the most obvious one comes from the previous ATH, the second and the third one comes from the upper levels of the upward channels 1 & 2. The forth resistance presents itself in the RSI - currently we are...

Detri_Mantela Updated  Nov 27, 2020

The upper border of the channel has been already touched 4 times and proved to be relevant. The question is if the lower line of the channel is going to prove its worth? Obviously I expect the price TO NOT break out of the channel especially considering the fact the major correction of BTC is around the corner. RSI also poses certain resistance.

Detri_Mantela Updated  Nov 27, 2020

So what do we have here? Double top + top of the channel + resistance level + overbought RSI. Set your buy orders at $100 levels.