Dnk Posted June 8, 2021 Share Posted June 8, 2021 BTC looking like its heading below $30k ? Quote Link to comment Share on other sites More sharing options...
welshbuddy Posted June 8, 2021 Share Posted June 8, 2021 crypto is fhked for a year Quote Link to comment Share on other sites More sharing options...
Krimi Posted June 12, 2021 Share Posted June 12, 2021 On 6/8/2021 at 5:18 PM, Dnk said: BTC looking like its heading below $30k ? Hahahaha this will happen IMO The actual movement on alts are also a thing to keep watching Quote Link to comment Share on other sites More sharing options...
baldy Posted June 19, 2021 Share Posted June 19, 2021 Hi guys, ive been checking in on here for a while now to see whats what. Ive been trying trading of crypto with unreliable results. Ive also got into forex with a fully automated company, which im seeing very consistant results from. If your interested in a reliable passive income theres a zoom meeting midday today here Saturday training Change of time just for tomorrow 12 noon Uk by Lisa https://zoom.us/j/5851823563 or theres more in weekday evenings if your interested let me know and ill post links Quote Link to comment Share on other sites More sharing options...
Tyson Posted July 19, 2021 Share Posted July 19, 2021 What's the prediction from the crypto boffins then for the next few months? Quote Link to comment Share on other sites More sharing options...
Style Posted July 20, 2021 Share Posted July 20, 2021 9 hours ago, Tyson said: What's the prediction from the crypto boffins then for the next few months? Well we've had the Death Cross that was floated below and it's been largely sideways/slowly down since. I can see this continuing for at least another month or 2 yet with a momentum shift hopefully coming end of Q3 / into Q4 somewhere. It'll take some time to get back up to ATH regions again too, I doubt we'll rocket up straight away. On 5/27/2021 at 11:26 AM, Style said: Early days yet, but a potential Death Cross incoming which would likely suggest a phase of sideways movement. It could of course change but worth noting if anyone's looking to move positions relative to where the market may be going. If these 2 lines do cross, I reckon we're in for a period of very little price action. If things shift and we don't see this cross, we might start an earlier push to $100k...maybe even this year Quote Link to comment Share on other sites More sharing options...
Marty Posted July 20, 2021 Share Posted July 20, 2021 13 hours ago, Tyson said: What's the prediction from the crypto boffins then for the next few months? Up then down, in no particular order Truth is, it's pretty hard to predict. We're at a pretty pivotal point atm, we don't want to see much lower on a daily/weekly close or we'll revisit the low $20s, if not late teens. Unless you know what you're doing the best move is to sit on the sidelines at the moment and preserve capital, a choppy market like this is when most people end up giving their gains back by trying to catch bottoms. Be a buyer at $20k (previous ath) or above $34k and catch some breakout. Careful with alts too bois Very risky - They are effectively btc on leverage when we're in a downtrend. Like Style says, we've had the death cross, which indicates upwards momentum has ceased for now. Personally not a fan of the death cross as a trading indicator due to the fact that when it happens the majority of the down move has already occurred but it does give an idea of current state. If you want to make it simple, buy when the price is above the 50ma on the daily, sell when it goes below. No charts today as there's 2patterns in play, one bullish one bearish, i think we probably bounce to $31k from here short term. Another interesting observation, when we lose the 50ma on the weekly, like we did this week, we normally regain it within a month and bounce +50% before resuming downtrend, if you're still hodling and that does happen, maybe consider selling ~$40/$45k, you can always buy back a little higher if the trend continues up . Long term, i think chop around all summer, couple of scam wicks to shake out remaining '21 entrants, resume uptrend q3/q4, but opinion might change depending upon price action. 2 Quote Link to comment Share on other sites More sharing options...
Dnk Posted July 20, 2021 Share Posted July 20, 2021 1 hour ago, Marty said: Up then down, in no particular order Yep pretty much sums it up Quote Link to comment Share on other sites More sharing options...
Style Posted July 26, 2021 Share Posted July 26, 2021 Been watching the price move up nicely over the weekend and honestly thought we were still a bit early to be rallying. Hopefully things continue steadily but I'm still weary of a bull trap Still a long way to go and by no means out of the woods yet, but we did test the 21 week EMA which is good. Ideally I think we need to get above 38k, test the support and move up Quote Link to comment Share on other sites More sharing options...
Dnk Posted July 28, 2021 Share Posted July 28, 2021 (edited) Got to love Crypto XRP up 15% in 1 hr this morning Edited July 28, 2021 by Dnk (see edit history) Quote Link to comment Share on other sites More sharing options...
Marty Posted July 28, 2021 Share Posted July 28, 2021 (edited) I deployed my stablecoins when we closed the daily above the 50ma, easy money tbh. Bullish chart pattern played out, falling wedge, https://www.tradingview.com/x/dMSOT3vg/ , couple of areas of strong resistance above as indicated by red lines. We're at the top of the local range now. This could be the 50% deadcat bounce, that i mentioned earlier, which we get prior to going to new lows, stay cautious. 200ma @ 44k and 48k are possible areas of short squeeze top. Bullish until signs of weakness, a daily close above 46k would be lovely. Bitcoin dominance is still climbing, indicating people are bailing out of alts and into bitcoin, so careful with alts, they can go a lot lower than you expect Edited July 28, 2021 by Marty (see edit history) 2 Quote Link to comment Share on other sites More sharing options...
Tyson Posted July 28, 2021 Share Posted July 28, 2021 3 hours ago, Marty said: I deployed my stablecoins when we closed the daily above the 50ma, easy money tbh. Bullish chart pattern played out, falling wedge, https://www.tradingview.com/x/dMSOT3vg/ , couple of areas of strong resistance above as indicated by red lines. We're at the top of the local range now. This could be the 50% deadcat bounce, that i mentioned earlier, which we get prior to going to new lows, stay cautious. 200ma @ 44k and 48k are possible areas of short squeeze top. Bullish until signs of weakness, a daily close above 46k would be lovely. Bitcoin dominance is still climbing, indicating people are bailing out of alts and into bitcoin, so careful with alts, they can go a lot lower than you expect For the uninitiated it would nice if once of the Crypto boffins could do a dictionary or Crypto terms. Because I literally don't have a clue what any of that means. I thought at one point you were throwing deceased felines off of a roof in an experiment 1 Quote Link to comment Share on other sites More sharing options...
Marty Posted July 31, 2021 Share Posted July 31, 2021 (edited) On 7/28/2021 at 4:37 PM, Tyson said: For the uninitiated it would nice if once of the Crypto boffins could do a dictionary or Crypto terms. Because I literally don't have a clue what any of that means. I thought at one point you were throwing deceased felines off of a roof in an experiment Haha, sorry sir Ma - Moving average, ie the 50ma is the average price of an asset over the past 50candles Bullish / Bullmarket - Numba go up Bearish / Bearmarket - Numba go down Deadcat - Short term price relief in a downtrend (numba go up then back down) FoMo - Fear of missing out. Altcoins - Every other crypto other than bitcoin (alternate coins) Short squeeze - Numba go up to liquidate margin traders that are short (betting that the price goes down) Bitcoin dominance - percentage of total crypto market cap that the market cap of bitcoin holds. Market cap - price of individual coin X amount of coins in existence/circulating - an important metric to consider when buying something. Same with stonks. Stablecoins - A cryptocurrency tied to the dollar value - tether, usdC, Pax, Dai etc. Handy to lock in profits when market is shaky. Been a good week for crypto, even alts have had some price relief, i took some short trades on alts whilst the opportunity was there, a few broke some important downtrends. I'm now back out, Btc is at the top of its range, 10 green candles in a row means we're overdue a pullback, more likely to happen than not. Happy to buy back in on a daily close above the fib / 42.5k. or at previous fib. They do say scared money doesn't make money, and i am a little scared it's better to be safe than sorry i think. See what the monthly and weekly close brings. Fingers crossed this isn't the deadcat. Same chart, added fibs. https://s3.tradingview.com/snapshots/m/MEqrsolH.png A different perspective and another reason to protect capital, we are still in a downtrend.. https://www.tradingview.com/x/32mwAfQY/ Edited July 31, 2021 by Marty (see edit history) 1 Quote Link to comment Share on other sites More sharing options...
Tyson Posted August 2, 2021 Share Posted August 2, 2021 On 7/31/2021 at 2:47 PM, Marty said: Haha, sorry sir Ma - Moving average, ie the 50ma is the average price of an asset over the past 50candles Bullish / Bullmarket - Numba go up Bearish / Bearmarket - Numba go down Deadcat - Short term price relief in a downtrend (numba go up then back down) FoMo - Fear of missing out. Altcoins - Every other crypto other than bitcoin (alternate coins) Short squeeze - Numba go up to liquidate margin traders that are short (betting that the price goes down) Bitcoin dominance - percentage of total crypto market cap that the market cap of bitcoin holds. Market cap - price of individual coin X amount of coins in existence/circulating - an important metric to consider when buying something. Same with stonks. Stablecoins - A cryptocurrency tied to the dollar value - tether, usdC, Pax, Dai etc. Handy to lock in profits when market is shaky. Been a good week for crypto, even alts have had some price relief, i took some short trades on alts whilst the opportunity was there, a few broke some important downtrends. I'm now back out, Btc is at the top of its range, 10 green candles in a row means we're overdue a pullback, more likely to happen than not. Happy to buy back in on a daily close above the fib / 42.5k. or at previous fib. They do say scared money doesn't make money, and i am a little scared it's better to be safe than sorry i think. See what the monthly and weekly close brings. Fingers crossed this isn't the deadcat. Same chart, added fibs. https://s3.tradingview.com/snapshots/m/MEqrsolH.png A different perspective and another reason to protect capital, we are still in a downtrend.. https://www.tradingview.com/x/32mwAfQY/ Much obliged Every days a school day. Quote Link to comment Share on other sites More sharing options...
Marty Posted August 4, 2021 Share Posted August 4, 2021 On 7/31/2021 at 2:47 PM, Marty said: Same chart, added fibs. https://s3.tradingview.com/snapshots/m/MEqrsolH.png Close enough, hoping for a bounce here or we go mid 30s. https://www.tradingview.com/x/QNaREwT2/ Quote Link to comment Share on other sites More sharing options...
Style Posted August 4, 2021 Share Posted August 4, 2021 (edited) For me, it did feel early to be rallying so hard after entering a short bear market. It had hardly been 3 months and I felt that was the minimum bear market period we were going to see. So a drop to lower lows wouldn't surprise me. A drop to the 200 week ma would be the absolute worst case which we last hit when COVID sent the country into the first lockdown. It would be a great entry point for those feeling brave but is all the way down at 14k. So a long way to go in either direction yet. Edited August 4, 2021 by Style (see edit history) Quote Link to comment Share on other sites More sharing options...
Style Posted August 10, 2021 Share Posted August 10, 2021 Well that's us above the 20 week SMA, which we've now closed at on the daily chart and held as support. If we can close the week on or above it then I would say it's clear skies for resuming upward movement really. Interesting to watch the bulls and bears slug it out here! Quote Link to comment Share on other sites More sharing options...
Dnk Posted August 14, 2021 Share Posted August 14, 2021 (edited) heading for $50k what's the guru's thoughts ? Edited August 14, 2021 by Dnk (see edit history) Quote Link to comment Share on other sites More sharing options...
Dnk Posted August 14, 2021 Share Posted August 14, 2021 22 minutes ago, Dnk said: heading for $50k what's the guru's thoughts ? Spoke to soon lol Quote Link to comment Share on other sites More sharing options...
Wez Posted August 16, 2021 Share Posted August 16, 2021 Quote Link to comment Share on other sites More sharing options...
Dnk Posted August 17, 2021 Share Posted August 17, 2021 9:55 gets interesting Quote Link to comment Share on other sites More sharing options...
Dnk Posted September 17, 2021 Share Posted September 17, 2021 Any thoughts on the crypto scene in general guys ? Quote Link to comment Share on other sites More sharing options...
Style Posted September 20, 2021 Share Posted September 20, 2021 We're holding support above the same level I posted above. We're 6 or 7 weeks into this support now so I'd like to think we'll start to make some upward moves back towards the ATH and beyond. Bearish scenario is that this support is broken and we fall again, but it's looking good so far Quote Link to comment Share on other sites More sharing options...
Hitbox Junkie Posted November 7, 2021 Share Posted November 7, 2021 Has anyone invested into some shiba inu? Quote Link to comment Share on other sites More sharing options...
Style Posted November 8, 2021 Share Posted November 8, 2021 I know a few people who have made life changing money with SHIB but the days of that happening are gone now IMO. It's definitely surprised a lot of people and just seems to move on hype and FOMO so there's no telling what it'll do next. A lot of delusional moon boys parading social media as well, telling everyone it's about to drop 2 or 3 zeroes....which is absolutely not happening, ever. Quote Link to comment Share on other sites More sharing options...
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