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Ben Walther
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Education Alert 🚨 In this video, I discuss one of my favorite trading strategies, the hyper scalper strategy. Check it out!
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Can $JASMY reach $1? Many comments asked for my JASMY long-term price prediction, and many specifically asked if I think JASMY can reach $1. My answer is straightforward: Yes, I think it is possible that JASMY reaches $1. Here's why and when this can happen 👇 Let's start with the limitations: 1️⃣ First off, JASMY won't hit $1 overnight. There won't be a single god candle but a bumpy road with pullbacks and corrections. 2️⃣ Secondly, to reach such heights, we need a fully-fledged bull run similar to 2020-2021. 3️⃣ JASMY needs to evolve and deliver the announced partnerships continuously. If all of the above happens, I don't see a reason why JASMY shouldn't be able to reach $1. ➡️ JASMY has a circulating supply of ~49B tokens and a max. Token supply of 50B. ➡️ Accordingly, at a price of $1, JASMY's market cap would be ~50B. ➡️ To put that into relation, here are a few market cap numbers from the last bull run: $ADA : 100B $DOGE : 98B $DOT: 50B Therefore, it is definitely possible (based on the numbers) that JASMY reaches a 50B market cap. 🚀 Summarized: The crypto market is full of surprises. However, based on data and numbers, it is definitely possible that JASMY can reach $1.
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1INCH — Decisive Moment — Back Into The Uptrend Channel? So, here's an interesting one — please read carefully. $1INCH flashed an overbought RSI signal on the daily chart today. As you can see on the backtests, the signal is usually highly reliable — at least for 2-5% gains and a reasonable probability for 10% and more. However, I wouldn't go for a short trade. Here's why and what I would alternatively: ➡️ 1INCH hit the overbought territories very slightly and quickly returned to the neutral area. ➡️ The chart shows that 1INCH got rejected when trying to re-enter its long-term upward channel simultaneously. ➡️ As a result, we saw a 6% dip. Since most of the oversold momentum indicators have already returned to neutral, I don't expect much more selling pressure. Instead, I would assume a second test of the long-term trend. If we see another rejection, we will likely see a more significant pullback. However, if the resistance falls, opening a long position would be an excellent moment. #TradingStrategies #AltcoinStrategies
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$JASMY still looks strong. All smaller pullbacks were bought up quickly. However, RSI has entered overbought territories on the 4H chart. That doesn’t mean we will see an immediate reversal - just be cautious. #jasmyustd
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Good morning crypto fam, Quick market overview to kick off the day. ➡️ Bearish signals have taken the lead. On the daily chart we have 18 bearish signals and 8 bullish. Actually not the best setup right before the weekend starts. ➡️ When looking at the most reliable signals, Bollinger Bands and Power Scalper continue to perform extraordinarily well. ➡️ However, when looking at gains the EMA crossover and Hyper Scalper signal continue to outperform the rest. I will post some setups for the hourly and daily chart later today. #TradingStrategies
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$AAVE printed a bullish EMA crossover signal on the daily chart. The signal is triggered when the short term EMA rises above a long term EMA and usually indicates the start of a trend (in our case a bullish trend). The historical success rate of the signal is quite promising: In 73% AAVE pumped more than 10% during the next 30 days. Overall, technical indicators look promising and second the signal. #AaveProtocol #altcoins #tradesignal
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