ALT
ALICE/BTC - SHORT TERM SCALP SETUP! [High Risk]If you're like me, you're waiting to scale back into BTC and ETH, and are trying to take advantage of the recent volatility with some short term trades.
One way to kill 2 birds with one stone is by trading ALT / BTC pairs. Not a bad way to accumulate on the way down, if you can time it right.
BTC loves to do the opposite of what you and the rest of the herd expect. I think people are banking a little too heavily on the pennant pattern BTC has been ranging in, and we may be in for more downside before the weekend is over. I could be wrong, in which case I may get stopped out of this trade before you even see it...
But hey, shooters gotta shoot. what else am I supposed to do at 2am on a Saturday night ;)
Anyway, chart explains my thinking here. The trick is to spot short term reversals early enough to catch some upside. But In this case, ALICE is trying to break out from a rising wedge (typically bearish pattern), which can lead to parabolic upside IF it's confirmed. A big green volume spike some hours ago and low selling volume since then got me feelin bullish.
We'll see if BTC cooperates. Use stop losses on every trade in these conditions.
I know I've been quiet since the big dip... I'll try to post more of these.
happy trades,
CD
LOGAN PAUL PARTNERS WITH $SUPERBID - WHAT'S NEXT?This is not a joke. Chart is looking great, consolidating under ATH and...
LOGAN PAUL JUST WENT LIVE ON INSTAGRAM ANNOUNCING HIS PARTNERSHIP WITH $SUPERBID, THE FUNDAMENTALS BEHIND WHAT IT ACTUALLY DOES (SOCIAL MEDIA AUCTIONING APP GOING LIVE IN JULY).
The marketcap is only 50m. The mix of platform fundamentals, phenomenal/ influential team, and marketing genius is making 500 marketcap a no brainer. I'm expecting $1B real quick.
Logan Paul will be wearing "$SUPERBID" on his shorts during the fight in Miami vs. Floyd Mayweather. This is going to be insane publicity. After the fight, they have several HUGE things planned:
They just signed a brand name rapper that will be selling a feature for their new album on SUPERBID
Phase 2 starts after the fight
-Giving away stuff from the fight
-Giving away an experience where Logan Paul fly's you out to Puerto Rico for a crazy weekend
Several superstars already signed
-Multiple features with major rappers
-Experiences with NFL/ NBA players
Their app goes live in July
Get it on Uniswap with ETH.
www.coingecko.com
Uniswap link below:
app.uniswap.org
BEST TO ALWAYS USE THE UNISWAP LINK ON COINGECKO TO AVOID PHISING.
LUNA/BTC buy opportunityHi followers,
Today's move up triggered my entry order on this pair
After the big drop in the price, looks like we finished a formation of regular Flat ABC pattern of higher degree,
are we targeting now to the previous highs?
REDDIT'S MOST FAVOURITE COIN (NANO) IS READY TO MOVE BIG!Hello traders and tradettes! I hope you are all doing really well and hopefully not losing too much in these current markets. I think we can all agree that trading has been quite difficult lately. You can blame it on the leveraged trading all you like, but the volatility is also due to many unexperienced investors creating a speculative market and bull run, with lots of new traders feeling the high from their gains or the anxiety from their recent loses as well as traders who lost out last time and scared to lose again. This draws away confidence from the market and makes it harder to predict. My advice for you, trade the trend. Unsure of the market, don't trade at all. Certainty brings you the gains. 💪
Anyway, on to Nano - the coin with a goal for 'digital money for the modern world'.
What are the key features of NANO?
1. Fee-less Transactions
2. Eco-Friendly
3. Instantanious
Wait a second!
Didn't Elon Musk say "Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down."
Don't we already have this in the world of crypto? Well, let's go deeper.
1. Nano has a TPS of 1200-1400. Doge has a TPS of around 40. This is more than ten times faster.
2. Nano has a blockchain size of 1.7GB. 4.2 million transactions. Speaks for itself.
3. Doge has a transaction fee of ~$0.77 USD. Nano is fee-less.
Elon Musk also stated that it would have to be eco-friendly and sustainable to be viable. Well NANO does not rely on mining, printing or minting, therefore extremely sustainable.
Nano also has a fixed supply of 133,248,297. No more can be mined. This means a linear correlation with price if demand increases and less volatility due no changing supply.
TECHNICALS
Head & Shoulders Formation
Multiple Touch Confirmation of Long Term Bullish Trendline
Completing a Double Bottom
Multiple Tests of the Strong Demand Zone
Please let me know your ideas. I really love to hear them.
Thankyou for the support.
Love, peace, Seb.
MTH/BTC buy opportunityHi all,
Looks like the big correction is over, after completion of 3 waves, we are maybe ready to start new impulsive move up.
Link needs $23 to be BullishI love Link. Link is key to everything. It's a pretty much must own crypto if you really believe in the expansion of the space.
That being said, we just broke critical support.
This indicates we are probably in a larger degree correction.
I think we're getting a relief rally now.
We need to reclaim $23 to become bullish.
Note: I don't have a good count on waves IV to V.
I'll post a picture of the larger chart.
Not financial advice. Just what I see.
Nailed It.It fell just like I said. :) very pleased.
I love it when people are like, "that can't happen, and then KaPOW!! Right in the kisser."
Everything has fallen to levels where I think we have good price support.
Now I'm a buyer. Are you?
Not financial advice.
BEST Buying Opportunity!Everything is going according to plan like I said before.
Hit the support zone and have completed our bearish trend for now.
***I'm buying my cryptos RIGHT NOW because I don't think you'll get these cheap of prices again for a while or possibly ever again!!!
Look at previous pullbacks. All very hard, then we spike back up.
This pullback was just one of a larger degree/level so it over encompasses the last 3 upwaves. The pullback found support right in the area of wave 2 (right at the .786 level), which is typical of a 1st wave! That could indicated that we are going to be entering wave 3 very soon.
All I know is I don't have enough. I NEED MORE.
NOTE: IF we roll over and meaningfully break $3.50 that would be a sign that the bull trend is broken and that any upward movement is corrective in nature, only to be followed by another down move.
Not financial Advice.
Ethereum going down for a Correction! Ethereum ETH has underwent an insane pump to 4030 currently.
3 long AND short trades that you can take right now, as described on the chart.
Please feel free to ask questions, I would love to help you learn more and trade better.
BTC: Recover wave to 57.5KAt the moment, we knew that the expected price for BTC = 90K is impossible!
But BTC price will have a full recover Elliott wave to reach ~57.5K USD.
ALTBTC will complete full trip x10 very quickly.
ALTUSDT will reach ATH from Nov 2021 to Apr 2022. Nice time to sell them.
Now: don't sell BTC or ALT in panic!
MRPH has completed the correction MASSIVE move incomingJust look at text book bottoming pattern its printing.
If we have alts increase this summer, a small coin like Morpheus Network will explode al least to ATH.
ADX/BTC Continuation PatternTrading BTC pairs is a great way to be accumulating some more BTC. ADX is looking like its getting ready for the next move up as we have a continuation pattern and is on the verge of breaking out... Can either get in early before the breakout and have a stop loss in play incase of downside, or can wait for a breakout and a retest flipping resistance into support before it seeing some new highs!
