crypthal

crypthal Updated 

BTC is in an ascending channel to about $60K and should easily make it before the end of the month The first target price is a nice round number of $60k, psychologically a lot of traders/early investors will chose that number to get out. The second target is the ATH. TP1: 60K (75%) TP2: 64K (25%) The only think to look out for is the RSI, it is a bit high and...

crypthal Updated 

Give then tokennomics of ALGO and how BTC is doing current, we can expect the sell pressures to remain on ALGO We will continue down the channel to about $1.59 ... in 24 hrs we should know if we are breaking up or down ... but the trade should hold until ~1.59 In case king BTC bounces back, I have 2 TP, TP1: 50% - $1.64 TP2: 50% - $1.59 Being Sunday, I will...

crypthal

Cardano is still heading down, it is pulled down further because of what happened to #btc I am looking for $1.90 but $1.50 is possible if we fall past the first support. But I will re-enter at $1.90

crypthal Updated 

Cardano is in an ascending channel, the news is really guiding the current price actions, after the SC launch, we will be return back to normal growth. From now until the 12th it will keep climbing and then the whales will take profit While the price of smart contracts has been priced in already, a drop is expected on or just before the 12th. My strategy is,...

crypthal

We seem to have a strong support around $2.12 Either Cardano will test it and bounce back up before the release of Smart Contracts on Sunday or we will fall further to the next support levels. As per my previous idea, I still thing there will be a rally before Sunday, the price action is only controlled by bitcoin droping. If Bitcoin recovers, so will ADA, (in...

crypthal Updated 

Like almost all AltCoins Solana is not moving much while the BTC is in accumulation mode. Until BTC breaks out ... sol will mode sideway, (or even down). But Solana is ready for a positive move, the RSI is very low currently, while it could still go lower, I think it will start climbing back up very soon and wit that we should see a move up in price. Volume is...

crypthal

I think the 32K was the bottom ... or near enough - The RSI is very, very low and is primed to climb back up - The MACD is not looking great and this is why I don't really expect an explosion to 100K or something silly like that. The next week or so we should see a good consolidation as well as an upswing toward 39K

crypthal

We are in a mini bear market, $btc is not doing well and looks to keep going down for a few more days, this will inevitably bring all the altcoins down with it, $sol is no different. But there are other factors at play here, the #rsi is still very high and needs to come down before the price goes back up. So, I see a period of consolidation. If we break the...

crypthal Updated 

The ALGO market is going sideways at the moment, but there is a chance for a small profit over the next few days. The weekends are normally fairly flat, so, in an already flat market, I don't expect anything wild to happen TP1: $1.16 TP2: $1.28 (but I don't see us breaking the 0.236 fib) I won't use a stop loss as I trust the long term project, but I would...

crypthal

Looking at the last few months, we have been in an up trend. But every time we tried to get out of the trend, (green arrows), we have been pulled back to the line, (red arrows). So, short term we should get back down to $2250 TP1: $2260 - 50% TP2: $2250 - 50% It could go lower, (it has once before), but I don't think it is worth the risk Once we are back on...

crypthal

Bitcoin is getting very close to the limit ... if we break 30K, we will probably freefall to 20K The only good news is that we seem to be holding 0.786 fib ... but only just barely. So the next few days will be very telling... I think I will not buy anymore for a while ... and sit on my hands until I have a signal either way

crypthal

ADA will eventually break out of the current triangle it find itself in, but there will be one or two downs along the way AMCD is looking very flat and so is the RSI Because volume is rather low, this indicates that traders are waiting for a stronger buy signal and are expecting the price to dip a little further, (Holders keep on holding and buyer want to buy...

crypthal

If ADA gets past 1072 we should be clear all the way to 1200 We consolidate for a while before climbing up/down Because of the up-coming Goguen release, ( still ~2 months away), we might see retracement before we see a solid climb to +1200

crypthal

I am looking for confirmation that we are crossing the 236 fib I will trade at ~220 with a TP of 274 The MACD might cross over by then and the EMA 100 is looking good.

crypthal Updated 

Volumes are good but the RSI is high and MACD looks like it might be about to cross. If we break the current resistance, we could go to 985 or even higher, otherwise we might go down to 750 The next few days will confirm the direction of ADA.

crypthal Updated 

First of all, the market in general is not looking good, but we should start seeing some upward moves. TP1 would be 733 TP2 would be 818 The market is very volatile at the moment, so I would not be happy with more than a 5% SL, (<560) It might be better to leave this trade on the table until 2021 Merry Christmas everybody!

crypthal Updated 

A nice pennant is forming and we should see a good up trend in the next few days I am looking to break past 0.8 in the next 48 to 72 hours. My stop loss will go higher and higher as time goes by as either the pennant is following the pattern or something else is happening. My target price is about 0.8 If #btc is showing weaknesses over the weekend I might...

crypthal

If XRP can get past 0.30 then the next level would be 0.65 I still think that XRP has room to grow especially given the strength of BTC