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CRYPTO MECHANIC
@CRYPTOMECHANIC
Trading Crypto Since 2016 | Mainly Focused on Technical analysis 🟢 Twitter @cryptomechanicX
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Interested to see what $BTC does now as it broke the trendline. i am not a fan of trendlines but since it's holding the price for quite some time.
Lets see what it does now as it broke.
Lets see what it does now as it broke.
This trendline is holding the $BTC price since $75k , will be interesting to watch going forward.
$0.500 remains the key zone to break for $SEI
Once price breaks and hold above it, That can trigger a good upside.
Once price breaks and hold above it, That can trigger a good upside.
Many of you are asking me where should we take profit from $PEPE
it's just broke out of previous All time high and entered into price discovery.
when something enters into price discovery it's highly likely it keeps moving up. You can see what Bitcoin did after breaking the highs.
What can you do in this situation?
if you have a bag you can keep holding it unless you see the fomo is kicking in and everyone is rushing to buy the coin. (Sell the greed)
If you're not in trade, you can wait for a pullback opportunity. As long as price holds above a key high. Dips usually get bought up.
it's just broke out of previous All time high and entered into price discovery.
when something enters into price discovery it's highly likely it keeps moving up. You can see what Bitcoin did after breaking the highs.
What can you do in this situation?
if you have a bag you can keep holding it unless you see the fomo is kicking in and everyone is rushing to buy the coin. (Sell the greed)
If you're not in trade, you can wait for a pullback opportunity. As long as price holds above a key high. Dips usually get bought up.
$WIF and $PEPE up big time
memecoin are attracting much more volume than other Alts.
This is why i had 3 in the list.
Who is riding?
memecoin are attracting much more volume than other Alts.
This is why i had 3 in the list.
Who is riding?
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Which Altcoin you're going to load in dip?
I got my eyes on a few
WLD , pepe , Doge , SOL, ENA and Ethereum
I got my eyes on a few
WLD , pepe , Doge , SOL, ENA and Ethereum
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At some point $BTC will take a little break (Pullback/consolidation ) that is where Altcoins will start to accelerate.
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$PEPE
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Nothing really changed on $PEPE since my last update on it, Price holding well above the key weekly zone.
Overall looks bullish but taking time to move.
Overall looks bullish but taking time to move.
$WLD
Structurally i think it's a good looking chart.
I have a position on it already and will add more if it dips.
Should continue moving up imo
Structurally i think it's a good looking chart.
I have a position on it already and will add more if it dips.
Should continue moving up imo
Stop using RSI indicator to predict the market directions
Ohh it's overbought I'm shorting
Ohh it's oversold I'm buying
RSI = Really Stupid indicator
Ohh it's overbought I'm shorting
Ohh it's oversold I'm buying
RSI = Really Stupid indicator
Most of the Altcoins i see are going up but still I'm receiving many comments why altcoins are not going up.
Which altcoins you're holding?
Which altcoins you're holding?