stikytrading

stikytrading

Right now we are at the bottom of the 78.6% zone. For exchange trading, we are looking for solid price movement so we can take profit within a week or so. Right now, I am not so sure we are out of this market pause. But as far as ownership, this is a great place to buy Cardano for the long term. Even better than last week. But right now price is below the EMAs and...

stikytrading

As always, this is for education, not financial advice. SOL made it down to the 78.6% zone and now has come up out of the 50% zone. It would be nice if we can get a retracement back for an entry but this is what we have so far. I still believe SOL will get back to its former levels but not sure when. Looks like we are back in an uptrend so this would be one pair...

stikytrading

As always, this is for education, not trading advice. ETH was really stable during this market correction all the other coins had. Still no break above the previous high at 4140 so I would wait for that before I get in. I would also look for price to be above the 50EMA. But ETH is still not a crypto I would use for Exchange Trading.

stikytrading

As always, this is education, not financial advice. DOT has made it up to the top of the 50% zone almost. It never made it to the 78.6% zone but this is a strong move up into the zone. If price breaks above the 50EMA, we are looking good for a recovery.

stikytrading

As always, this is education, not financial advice. BTC FINALLY made a move to the upside. Then got stuck again. So I am waiting until about 53k before I do anything with Bitcoin. And for exchange trading, this is really not my favorite crypto to use. We did come out of the 78.6% zone strongly but we only made it to the bottom of the 61.8% zone.

stikytrading

As always, this is educational, not investment advice. So it's been a few weeks since price seemed like it was heading back up. Right now we are at the top of the 78.6% zone. For exchange trading, we are looking for solid price movement so we can take profit within a week or so. Right now, I am not so sure we are out of this market pause. But as far as ownership,...

stikytrading

SOL has wicked into the 78.6% zone, came back out and hasn't been back yet. It looks like we may get a retracement back to the zone. We have a low that is lower than price has been since Dec 10th. If price does retrace, that would be a place to look for an entry.

stikytrading

I need price to make a lower low or a higher high. It recently visited teh 78.6% zone again and went out but has not been far out of the zone this time. It's almost there again so maybe this time it will fall through. I would wait to see what price does before trading ETH at this time.

stikytrading

DOT has broken down out of the 50% level twice but the 61.8% seems to be holding pretty well on the daily. For that reason, I am only showing the relevant part of the chart in this image. It does not look like price is going to drop below the $26 level. It has been there twice in the past few days. However, we are looking for a higher high around 31.65 before I...

stikytrading

BTC is nearing the 78.6% zone again. It already retested it once. We don't have a lower low yet. That would be a good indication that price is still coming down. If we get a close around 46k that would show some solid downward momentum. Otherwise, price may just go right back up.

stikytrading

I am using the Daily chart because the Hourly does not give a good picture. Price is currently back in the Daily 78.6% zone. It is falling again so the entry may be found on the lower time frames. Look at the M30 or M15 for a good entry. Price went past the 88.6% level and then came back into the zone, went pretty high up into the zone but did not make a new...

stikytrading

BTC is bouncing of a previous level of support (The RBR to the left) which was also a previous level of Resistance. This is also the current 50% zone of the longer term trend. LASS has momentum to the upside on the lower timeframes but is in the middle of the range on the H4 and Daily. And there is no momentum. Price may move up for a little while but look for it...

stikytrading

SOL is in a great place for an entry. Check the M30 or M15 and wait to see if it breaks down below the 88.6% level or breaks up out of the 78.6% level.

stikytrading

ETH has bounced off the 78.6-88/6% zone and is now testing the bottom of the 50-61.8% zone. Check the M30 or M15 for an entry. Also, ETH Dominance is increasing while BTC Dominance has fallen.

stikytrading

DOT is just below the Daily 50-61.8% level which for me is a great place to look for an entry.

stikytrading

BTC had a massive drop over the weekend. Still going sideways and may for a while. ETH is picking up ground on the 'flippening' and is still sucking the growth out of BTC along with the other ALT coins right now.

stikytrading

ADA is in a great level. If you are using DCA (Dollar Cost Average) Cardano is in a beautiful place for an entry. If you want to snipe it, wait for the break below the 88.6% level.

stikytrading

Price is in a freefall right now. There are a few places it should stop. The first place is a previous retracement Seller’s Last Stand Zone (SLS or 78.6-88.6% Retracement Level) between 51,384 and 50,215. Price broke through this as I was typing this up. It is holding but price took a fast train down over $3,000 in the last 15 minutes. It has now moved down to...