FG histogram has turned bearish on the daily. Got stopped out below yellow line. Setting buy orders at around 12.7 cents instead.
The crypto market historically tends to move in cycles/phases, with BTC first pumping followed by higher market cap OG tokens, before the capital flows to the midcaps and eventually the microcaps and meme coins (which then marks the time to sell). The BTC.D weekly chart had finally broken down below the red long-term support trendline, suggesting capital shifting...
Breakout above 18 cents (blue line) from the inverse head-and-shoulder, with a measured move target at 32 cents. Presently establishing support. Need to successfully hold above the blue 18 cents line and close on the daily above to confirm. Setting stoploss sufficiently below blue line, accounting for volatility (not exposing where I place my stops). This...
2nd bullish divergence marker on the 4 hourly timeframe had appeared. Is Kaspa on the verge of breaking out above the short term green trendline? If Kaspa successfully breaks out and then manages to retest ATH at ca. 20 cents, finding support above the orange long-term trendline, then it would have a chance to make its way towards above $1. See the previously...
These are the two key trendlines that I am presently monitoring on the weekly. For Kaspa to hit above 1 USD, it will first have to pierce and find support above the orange line, before making its way towards the yellow line.
Measured move and Fib Extension Lvls (estimated) target for this cycle is at 199k-275k USD, from my current simple analysis; following Trump POTUS win, probaby peaking in ~Q3 2025 following trend in past 3 4-year cycles; then followed by another bear market to revisit previous ATH at ~65k USD or as low as 45k USD if the trend continues to rhyme with...
Accumulation of KAS from BTC and ETH completed. Presently seeing a bull flag setup on the hourly timeframe. Expecting KAS to perhaps retest the golden pocket ~61.8-65% Fib retrace lvl, before breaking above the blue resistance line..
Will consider to start DCAing from ETH into KAS above the orange 200 SMA level, down to the golden pocket (65%-61.8% Fib Retrace lvl).
Resistance turned support at about the golden pocket since breaking out on the 26Jun'24 and the first successful retest on the 23Jul'24, and with the latest retest on the 6Sep'24. Ichimoku cloud have turned green as well since previous analysis. A strong pump up to above the 50% Fib retracement level before dropping back down, suggests substantial capital...
Some of the higher buy orders within the green range triggered. FG{50/15} showing bullish divergence on the weekly chart. Good time to continue to very slowly DCA into ETH from BTC again within the golden pocket as defined (i.e. btwn the 61.8-65.0% Fib lvl), and setting more bigger buy orders within the green zone below -- these on the present backdrop of...
KAS had fallen below the golden pocket and tested the (thick orange) 200 daily SMA, but failed on the 8Mar. It had since remained below the 78.6% Fib retrace lvl after an attempt to retest the 200 SMA again on the 22Mar. I had been slowly accumulating more KAS below the 78.6% Fib lvl and have now doubled my KAS holdings; after having stopped DCAing into ...
Analysts and articles claiming that this might be the end of the crypto bull market. A few even announcing that we won't have an Altcoin cycle this round (seen similar reporting during past 2 cycles as well) since institutions will only focus on ETF-approved coins. And numerous extreme negative sentiments pervading all around -- which signals a good time to...
Ultra low timeframe v.high risk trade: Sold some after claim. But bought back in again at ~0.25 USD. Setting sells at around ~0.3 USD with a trailing stop loss. Optimistic reminder to self: Even if failed to hit target and left holding ZK instead, already increased initial ZK holding by a small % at the initial re-buy in point for longer-term hold; ZkSync...
BTC have now pierced above the (green) 50 daily SMA line, as well as above the Bollinger band, after previously getting rejected 3 times. Note: Will need the current daily candle to close above the green 50 daily SMA line for confirmation. Inverse head and shoulder pattern breakout indicates momentum reversal. FG{50/15} histogram have now turned green, and...
#ZoomOut. This is just a healthy retracement; perhaps down to 51.5kUSD, or even down to 44.6kUSD (towards the thin-orange 200 VWMA, or thick-orange 200 SMA) imo.
Shift/scroll back in time on the daily chart to look at past confluence.
Weekly Chart: Fusiongap (50/15) indicator histogram is in positive again, with the red oscillator about to cross the green oscillator. Ichimoku cloud flipping green again.
I had been slowly accumulating BTC into ETH while it remained in the yellow accumulation zone. ETH/BTC has now broken above 200 SMA. Bullish divergence on 21Dec'23, and have broken into the positive finally as well, since plunging below into the negative from 16Jun'23. Ichimoku Cloud looking to turn bullish on the daily as well.