Fan Crypto

2023-02-21 08:38:51 #Litecoin to roll back down

As I draw attention before, the 100 zone is a very strong resistance for Litecoin, and, in spite of this recent hype and "back to bull run" calls from the crypto Gurus, I don't expect it to have a sustained rise above this figure.
As we can see from the posted chart, LtcUsd already started to drop from this zone and also the recent leg up from December is a rising wedge .
A drop under 90 would confirm the pattern and the coin could drop to 60.

My general idea remains unchanged overall (although I had some buy trades on Btc and Eth): this is just a correction in the crypto market's case and as for Ltc, sell rallies towards 100 could be a good idea if you are also bearish on medium to longer term.

Of course, I could be wrong, but from a speculative point of view, a sell at 100 with a stop at 120 and a target at 60 makes sense. Open / Comment

2023-02-20 14:04:22 #Bitcoin- Too clear, too bullish, too simple...

I also was bullish on Bitcoin in the short term and already closed my buys at 25k a level with which Btc is flirting right now.
Technically speaking is bullish , YES, but is too clear and too simple, and if I've learnedd something from the markets is to be careful when is so simple and all are "making" money.
I could be wrong, but for me is an alarm sign. Open / Comment

2023-02-17 07:50:41 #Bitcoin- The opportunity of a lifetime. Don't miss it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

https://www.youtube.com/shorts/iJlQ2loX17Q Open / Comment

2023-02-15 07:54:48 #Bitcoin- Bulls need to reconquer 22500 zone

In my Monday analysis, I said that Bitcoin corrected to the support zone and this drop could offer us a good buying opportunity.
Indeed, after diving into this support zone , the price reversed and now is trading back above 22k.
Although this support is now confirmed as a strong one, for momentum gaining bulls need to break above the 22500 zone which provides now confluence resistance.
In such an instance the previous 24k zone is exposed.
I maintain my buy trade as long as 21k is intact Open / Comment

2023-02-14 09:46:37 I was looking at what happened on my new youtube and....

All targets for CRYPTO, what I said one months ago, were smashed:)

and, in Dot case and Cardano, we have wedges, that payed out



Open / Comment

2023-02-14 06:52:49 #DOW30- Will CPI data trigger a break and a push above 35k?

After the double bottom under 29k and a break above descending trend line resistance, Dji has started to consolidate (as if it was waiting for Nas100 and SP500 to catch up, and now are all aligned:) ).
Technically, the picture is bullish and crystal clear, with a price waiting for a trigger to break above the triangle's resistance.
CPI could provide this trigger and, in such an instance, bulls could push Dow above 35k.

P.S: I don't think we are out of the woods and this optimism will last, but I've learned to now argue with the market Open / Comment

2023-02-13 17:01:23 A strategy that I like a lot and really works



Open / Comment

2023-02-13 10:29:26 #Btc- New leg up could follow

After the recent 24k high, BTC has finally started to correct.
21500 zone should offer strong support for the bulls and a new leg up could be next.
I'm bullish as long as this support is intact and 25k zone is my target. Open / Comment

2023-01-26 04:08:53 #Bitcoin- Is imperative for bulls to hold 21k

Since the beginning of the year, Bitcoin has entered a strong recovery move, and although I'm not so optimistic and don't see a sustained rise for the next 6 months or so, for me, as a speculator, doesn't matter much if the price of BTC will be 100k or 10k in the next 6 months. All that matter is where BTC's price will be next week.
And all I know is that, at this moment, the old 21k resistance should act as support now.
As I said, the price is very well sustained at this moment and, as long as we are above 21k , bulls hold the upper hand.
That being said, buying dips could be a good strategy if we target 25k and set a stop loss under 21k Open / Comment

2023-01-26 03:38:51 #Cardano approaching strong ceiling

Cardano also had a nice run at the beginning of the year and after breaking above the falling wedge's resistance, the coin gained around 50%.
From my point of view, Ada is one of the weakest major coins and a rise to the strong resistance above 0.4 should be considered a good selling opportunity with and 1:3 R:R (at least) Open / Comment