I expect it to hit much lower prices this time. I have mentioned major reasons in some other previous texts. We need to reconsider the way we approach many things in an ever growing Dynamic world. To do so we need to consider Macroeconomics, Market Dynamics, and the Structure of the desired system or Ecosystem. How? 1. First, we need to Semantically Map "Each &...
Sounds reasonable to Long it here (2X taking into account the worst possible case and another probable dip toward 1.28) - if BTC is going to meet somewhere in between 26 - 30 K (15 - 20% dip) then it would be to long EOS from here leveraged at 2X, and another one at 1.28 by 4 - 5X toward 6.66 USD. - Since 01 Apr 18, all the way down toward 1.82 USD on 01 Feb 22,...
It sound a good buy position here, if and only if there comes some really good fundamental news. Actually, there are several monthly divergences, which makes me to conclude EOS compared to BTC can demonstrate a technical performance. This is not a financial advice.
Well! Let's consider a curve which is actually an Inverse Correlation between Profitability Ratio during each cycle - current compared to the previous one. I have already said that BTC needs to take a technical rest which can be deep indeed. Now it is a mature equity. For its' long-term HODLERS it has been a truly game changer trick so far. What would happen...
Well! Dear Bitty you seem to be on a Twitty! Like a hot babe kitty! That is not true! It is not twit-dependent guys! I mean it. Then what?! - "Almost" every 11 year something apparently devastating happens like 9/11. - I hate to break the news. Something of which many believe to be just a theory and it is not! - 1st, 2nd, 3rd, 4th & the 5th waves have been...
Comparing EOSBTC pair shows that EOS has made a concrete ground for growth: Technicals: 1. RSI (14): Sever Positive Divergence at the bottom (Weekly Algorithmic Chart); 2. SRSI : The same is happening with SRSI Weekly and K line has just Crossed Up the D line; 3. PSAR: Following a -97.63% in 1,306 days EOS would be apt to a considerable growth. Fundamentally: It...
Please check on the following Analysis some 45 days ago on Total Crypto Market Index: I have mentioned that I do not like speculating and put forth too many "ifs"!
True fundamentals: 1. China all of a sudden left the market like what they did the last two times. The demand is going to sharply cut on one hand and on the other hand mining decreases also for a while meaning that the supply is going to decrease as well. Right? But, just how long the supply side is going to be affected by their exit? It will not take a very long...
Here are some Trading &/or Investment Tools in Financial Markets each of which has certain pros & cons. Firstly, the definitions are provided, then I would like to introduce my own Trading/Investment Portfolio Management Plan. 1. What Is an Option? Options are financial instruments that are derivatives based on the value of underlying securities such as stocks....
* Volume is not supporting stronger growth. * Daily Timeframe * USDT.D is representing sever Negative Divergence which is a sell sign. * Current Price can be the pivot for the 1st Elliot Wave following 34 days of gradual growth. * Overall Trend is fully Bullish at moment. * Reversal has already happened with a triple bottom. * Do not Overleverage. * Reserve some...
(Signs of a Temporary CORRECTION) Sever Positive Divergence can be seen between USDT Price Chart & the RSI. Due to the inverse correlation between USDT Dominance & the market in general, seemingly the time is coming to cash out some part of cryptos portfolio. It takes not more than a couple of 4Hs to see a dip. Yet, it is quite natural. I do not think we are...
I was waiting for Doge to reach for 1 USD when I heard that Mark Cuban shorted it! Strange! Right?! There are some important points to be noted here, but I would name it "Probabilistic Mathematical Approach to Trading" as follows (even the Psychologicals of Trading): 1. How Mathematically it was Probable for Doge to grow from 0.77 to 1 USD? 2. Mathematically...
Sever Positive Divergence is seen in 1H timeframe between price chart and RSI (14). It is getting more strength. Do not over leverage. Do not forget SL. TP: 32K Not a financial advice.
I have explained on the chart that what has happened during the last 21 days: 1. Dynamic Supports at 28,780 & 30K & 32 & 33 has all been broken down now (today). -If today's candle is to be closed below that dynamic blue & red trend lines, then we are actually going down. 2. Volume is supporting the abovementioned event and it is too low. 3. PSAR is below the...
USDT.D can be a very strong tool to estimate when the market is going to change its direction in my viewpoint as follows: 1. Monthly, Weekly and Daily Elliot Wave Counting of USDT.D near the channel bottom & just below its top. 2. RSI in Monthly, Weekly & Daily positive/negative Divergences make it easier to predict Cryptos futures. 3. Inverted correlation has...
This is how interesting price is swinging these days.
This is a brief of 3 major influencing factors on cryptos. Consider the followings: 1. USDT.D 2. BTC.D 3. Total 1. USDT.D : When USDT is being sold its price starts to decrease & the crypto market starts to grow & vice versa. Right? - Well! Now can you count USDT.D's Elliots?! - If so, then when we can buy safely again?! - If it is true, then when can we sell...
ETH 1H: Please wait for another bottom in 1 hour time frame and then long it. TP1: 2548 TP2: 2735 TP3: 2903 Set your stop loss step by step to be able to save your profit. Yet, do not make it too tight to be excluded from the deal. SL: 2390 Leverage: not more than 5 This is not a financial advice.