RNDR looks more bullish than the rest of the market. Targets on the chart.
Targets are on the chart. Let's see what happens.
Energy got beatdown for decades but is now in vogue again. It's stealing fire from the market. Bullish!
In the short term, I will regret this post because I'm making this call way too early and it's beyond contrarian. In the long term, I'm confident that everything will work itself out. SOL is one of the smelliest coins in the entire cryptoverse. The price action, volume, coin distribution, centralization, and recent network shutdown all trigger my gag reflex. ...
People talk about dips like these for months or even years and then never take the opportunity to buy the dip. It's here, come get it.
ETHUSD daily MFI is above 90, which is a rare event that is almost always followed by a fast dump when the MFI crosses down below level 90. The middling value of RSI and the metric ton of overhead resistance only adds fuel to the fire. ETH might be able to pop-up to overhead resistance over the next couple of days, but the risk to reward ratio isn't worth it. The...
NEAR is starting to look pretty strong compared to the rest of the market. There's nearby overhead resistance in the form of both horizontal historical prices and downtrending MAs. Worth throwing a few bucks in now, and saving some capital in case it shows signs of weakness later.
Set it and forget it. Throw a buck in, and set a sell order at $1.80 and just forget about it. This setup reminds me so much of a setup in MANA in 2018 / 2019. I'm not going to miss this one. Just because the market looks bearish does not necessarily mean it will continue indefinitely.
I was bullish on LRC for a long time, but this movement is just stupid. New investors don't understand the tokenomics of LRC. You can use the Loopring wallet and application without really owning LRC. Rollups are good technology, but very few traders actually use the platform right now. Gamestop memes can't win forever. Sell the news.
Experiment with BTC S&R levels calculated by a trading algorithm. I'm marking this post as 'neutral' because every cyan box is a buy target and every gold box is a sell target, but right now we're at a confluence of resistance so I expect short term down into the $38k and eventually $35k range. As always, let's see what happens.
There are better setups in the market right now, but I've been waiting for this price for a while. Should bottom here. Expect a smallish rise. Sell into resistance.
KNCBTC is either going to immediately start dumping back down toward the all-time lows, or it's going to melt up and create some bullish divergence to trap more buyers before starting to move back toward all-time lows. Either way, now is not the time to go long. If you're thinking about taking action now, you already missed the boat. Risk to reward ratio is not...
LUNABTC looks reasonably well supported by both daily EMAs and SMAs in a sort-of bull flag pattern. Let's see if it can get back up to ATH. If so, will need to re-evaluate at that point in time. If not, get rid of it quickly.
ATOMUSD has been a laggard this cycle. Good opportunity to take advantage of strong fundamentals and a clear breakout from linear downtrend resistance. Long now or wait for a pullback, either way, it's going to $33. Quick in and out, I'm not holding for the moon because there is too much turmoil and risk in the macro environment.
Targets are on the chart. Expect $250 by July 4, 2023. Let's see what happens.
Targets are on the chart. Expect $3 by July 4, 2023. Let's see what happens.
I know this chart looks super weird, but there's a method to the madness. I'm personally SUPER confident in the first move up to around $1.30 near Valentines day. If we make it that far and then start to drop, then this chart is going to get interesting. If it fails to reach $1.30 in the next week, then this post is going to be an ugly stain.