resolutemex

resolutemex

Bidding here, strong breakout confluence and LVN. Stops below swing low. Chance of no fill.

resolutemex

Good fundamentals, lower mkt cap relative to Aave, YFI, SNX etc. Targeting ATH +

resolutemex

High R/R, stop below fib/support line. Looking to target ATH +. This may take weeks to play out, so a swing long position. Would TP at point shown (above ATH) and let some run. One of the few 'majors' in the Defi sphere not to have started its run yet.

resolutemex

Follow ze trend. Next major resistance $785 (Feb 2018).

resolutemex

Similar to YFI, but the laggard so more catching up to do, higher r:r but likely will move slower.

resolutemex

YFI looking very strong here, believe Defi will make another run in sync with BTC.

resolutemex

Run it back turbo.

resolutemex Updated 

So it looks bitcoin topped out for now at $19,450. This was a likely event given the run up speed and parabolic movement. Where is the next stop? Well it's hard say precisely, but the two main areas of interest I'm looking at are $13,900 and $12,200. Both are exactly at points based on a fibonacci retracement from the $5k bottom (in 2019 after the 1k March candle...

resolutemex

MS break at $18,700 $16,400 first support level, likely will retrace to 0.382 fib retracement from $5k bottom to $19.5k top ($13.9k) - first target. Second target 0.5 retracement ($12,200). Will build long position at $13,900 down to $12,200. Expecting the to happen in relatively short order (Mid Dec). Good indicators to observe will be futures backwardation...

resolutemex

Cardano looking good for next leg.

resolutemex

Looking for a pick to $0.585-$0.6

resolutemex Updated 

good r:r.

resolutemex

Simple set-up

resolutemex Updated 

Stellar, similar set-up - looking to breaking out

resolutemex

good setup on all TF

resolutemex

Curling up, TK cross on Ichi, pushing at resistance (0.3248)

resolutemex Updated 

Until there is a breakout with conviction through the channel starting June 26th, I believe that 8500 will represent another lower high. There is a lot of convergence around the $5,200-$5800 area. This was the origin of the original run that never was re-tested and fits in line with the bear flag that led to the breakdown to $3.1k. Timescale wise assuming it...

resolutemex

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