BINANCE:BNBUSD - 4H Haven't posted any charts in a while as the initial ride up from the prior ones has been sweet and enjoyable. Nevertheless, I've been dabbling heavy in BNB DeFi and have some interest in finding good entries for the token itself. BNB has been in chop city for a few weeks now, but this dump is looking different. BBands have fanned outward...
BINANCE:CAKEBNB - 4H Pancakeswap and its accompanying CAKE token have taken DeFi by storm since the beginning of the month. Overall BSC has added 9B in TVL since the end of January. Much of that added value has gone into PCS vaults, which spurred its volume over Uniswap's yesterday. A couple weeks ago I argued for a potential Tron run based on an influx of...
FTX:HGETUSD - 4H I see a lot of people wanting to find coins/tokens that are considered "moonshots." Typically a moonshot offers >20x returns, sometimes in the 100x range. In order for a moonshot to manifest, you have to take on a variety of risk and see the coin/token's underlying value - what does it bring to the table? What does it solve? Why would anyone...
COINBASE:ATOMUSD - 1H At the beginning of February Atom completed a cup and handle which marched the price above $15. As noted in the original idea, I'm in this trade long term for staking & DEX activity with no plans on exiting anytime soon. That being said, it's good to know what kind of legs this run has. ATOM is in price discovery with healthy strides...
HUOBI:TRXUSDT - 1D Disclaimer : This post will be laden with brutal fundamental analysis as it relates to the burgeoning DeFi segment. Tron. It's had a scammy reputation in the crypto sector for a while. Maxis hate every alt, ETHeads despise Tron for copying their whitepaper and protocol components. Fan & moonbois of other platforms use Tron as a bottom tier...
COINBASE:ATOMUSD Exciting times for Atom fans with a potential huge run ahead after completing a near 6 month long cup and handle. $10.18 presents a small challenge but if momentum is swinging it will blow right through. The coin has a strong presence on Coinbase and other big CEX's with in-house staking offered, which will be particularly attractive to new...
BITTREX:ADAUSDT - 1D I built this chart a few weeks back when Cardano was in the process of completing a long term cup and handle. With ADA price shooting up, I've seen alot of people on social media just pulling resistance/price levels out of their butt so I wanted to re-publish this with some hopes that people will have a better idea of where roadblocks lie...
BINANCE:DOTUSDT - 4H I've been staking gains from a recent DOT trade but haven't paid much attention to its chart. After a short review, two things stand out. First is that it's been crabbing along in a channel since Jan 16. Second would be the potential price action marked in the blue box towards the upper channel line. The upper white channel line marks...
BITTREX:ADAUSDT - 1W I traded ADA during the first week it was on Bittrex and its had my attention since. Sometimes its good to take a step back and look at the big picture. After closing a nice IH&S trade I thought Cardano deserved a review of its long term prospects. If it can clear this $.40 hurdle, it's looking incredibly bullish. A potential cup &...
COINBASE:ETHUSD - 4H Ethereum has been in a clear uptrend since the beginning of the month. Trading within this channel has amounted to a charge up with ATH set, followed by a retrace towards the bottom channel line. After momentum changes on the downtrend, it marches back up to an ATH, then retracts. The movement has been pretty consistent, and we're seeing...
To be honest I had little idea of what Terra was. It caught my attention as I wanted to short it a few times on Kucoin , but it kept going up in price even as some majors bled out. So I've capitulated to a Terra bull, and am now setup to ride a long with the coin ($1.45). On the chart we see a consistent pattern of tall candles that ride outside the widened...
BINANCE:UNIUSDT - 4H Uniswap, much like other Defi darlings 1-inch & Sushi, presents a high barrier to entry for retail crypto participants. They hear about Defi and know the names of exchanges/lenders, but don't participate anywhere near the level of CEXs. They also hear horror stories about rug pulls and high gas prices, which deters them even further....
BINANCE:XRPUSD - 1D I've been pretty shocked XRP has had the rebound its seen. The fact that the SEC can take Ripple to court speaks volumes to its true essence, nonetheless it has always been a black sheep yet maintained a top 5 position for years. XRP is currently in a downtrend since Nov 24, which is marked by the yellow channel lines. The dashed purple...
COINBASE:LINKUSD - 1D Link bottomed out four days ago and is now in the midst of a parabolic run into price discovery - sporting the highest buy volume its had on a daily chart. Key resistance at $19.32 has been obliterated today. I'm interested to see a retest of that level on an hourly chart, but with crypto you can't be guaranteed it'll happen in the short...
FX_IDC:USDWTI - 1H Given that one of the first things the new President did after inauguration was rejoin the Paris accord, you can't help but see rising gas prices on the horizon. Rather than filling drums and reselling them in 6 months, I ventured away from the cryptosphere and into the WTI charts. The 1H chart seems to be printing the right shoulder as we...
BINANCE:DOTUSDT - 1H DOT is currently in price discovery. On the hourly chart a clear pattern of tall 1H candles, followed by choppy consolidation, then another tall green candle, is starting to form as it discovers a price to level off at. It's also been riding between the upper bband and EMA7 since Jan 12. At the time of writing, bbands are starting to...
4H - ADA/USDT - Binance Cardano is setting up well for a potential inverse h&S. The neckline has been strong resistance, thwarting six candles so far. Yet if this pattern prints, it could mark the 7th or 8th attempt at breaking through $.34. Bbands are starting to neck down for a consolidation within the potential RS. I'm looking for an uptick in volume upon...
I'm on a highway to hell With so much positive action going on in the space right now, it's hard to stay in any TRX position with the chart looking this ugly. Volume is anemic and the Jan push up was spurred by BTT hype. There aren't alot of tricks left up Justin Sun's sleeve and social media really destroyed him for screwing up a recent Twitter giveaway. The...