VavaVooooM

Where is $BTC going?
Some traders study candle shapes and they would tell that specific ones (such as dragonfly doji) are revealing the future direction.
Today BTC has formed a dragonfly doji on the daily timeframe as it did on the 13th of January and on the 20th of December. There was a powerful impulsive move on the 14th but on the 21st the price fell quite quickly.
Is BTC going to 103k, above 103k or is it time for a retracement?
What's your opinion?

#MarketMoves
#candlestick_patterns

#BTC is actually holding its ground much better than US stocks.
Further more, the market has not fallen lower (less than 0.1% does not count) since Europe closed at 5pm CET.
Over many years I have seen the stock market changing direction after Europe closed especially on Friday. Is this going to happen again today?
It's encouraging!
Can we see a sea of double digits green tomorrow please? 😀

#stockmarket
#Correlation

$BTC
Super Trading Bot in action!
Nothing goes over or under!
Impossible to see such thing on traditional markets, only in the cryptocurrency universe!
If you keep loosing money, perhaps ask yourself how good to you is a world dominated by machines, robots, artificial intelligence (now generative artificial intelligence)...

#TradingBot
#ArtificialInteligence (I know it spells correctly with 2 "L" but Binance likes to keep misspelled tags! 😂
#artificalintelligence

Today not all the coins followed king $BTC in its downward spiral.
I have identified 3 coins ($HIFI , $MTL and $ONG) from the DeFi and Infrastructure sector that fell very little and have already fully recovered. These 3 musketeers actually started rising today about 3 hours before BTC broke under 94.7K.
When looking at the 1 hour chart of these coins it is not event possible to identify when BTC started falling today. That's how decorrelated with BTC they have been for the past 12 hours.
Is this a sign that some investors are confident in the alt-season and are finding the price low enough to get in or are these very isolated events?

#altseaon
#decentralizedfinance
#InfrastructureCoins

$BTC keeps falling lower.
The bottom of the accumulation range is at 90.5K. The probability we will go there is now high. The rebound from 92.5K looks like retail investors rushing in but it seems to be short lived and it is now liquidity for the whales.
Explanation of the downtrend on the daily chart (rise above the 20MA was a bear trap) and evidence of the poor strength to go back up on the hourly chart.
Do not forget to look at the S&P500 as recent $BTC movements have been following the stock market closely.

#downtrend
#accumulating
#StockMarketTrends

Today we had a nice surprise, with the divergence BTC/Altcoins, perhaps (fingers crossed!) a sign the market is now ready to throw the cash at the altcoins.
It's early to confirm that the altcoinseason has started and we shall keep looking at price movements before getting heavily inside the riskier coins but for those who have not made a plan yet, you should do that to avoid FOMOing later.
Perhaps those who already experienced an altseason could share their experience?
The most powerfull pump I experienced was $MTL on 29th March 2021. On a single day the price moved from 2 to 10. It was so much for me that I had sold everything by the time the price had reached 7. I sold at 3.5, at 5 and at 7. I was very pleased and I can only wish you will also experience such a day.
Tell us in the comments with which coin you got lucky and the details: what you did well, what you will do better this time.

#AltcoinPumps
#Altcoinseason

I read many posts on Square about people saying they bought a coin and then the price fell or they just bought the wrong coin.
There are many characteristics of a coin that should be evaluated before buying it. For me, an important one is MOMENTUM.
Most of the time, I would avoid or I would even short coins that are not showing signs of robust momentum when the market is rising in general.

Here below I am showing you different levels of momentum / strength of momentum for 3 coins: $BTC , $DEGO , $MEME
I voluntarily chose DEGO to show you that volume plays an important role in the momentum and that there are also pullbacks that you can exploit. I do not buy at the top but I rather wait for the pullback to buy.

You will find a good article about momentum on Investopedia: https://www.investopedia.com/terms/m/momentum.asp

This article is not here to provide a buying signal but rather to make you aware of what I consider to be an important criteria when choosing or dismissing a coin.

“Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime.”
Chinese philosopher Lao Tzu

#momentum
#TraderEducation
#tradingStrategy

Where is $XRP going?
As the whole market fell a few days ago, especially altcoins, so did $XRP to touch 1.9. Since then, the rebound has been robust, in line with many altcoins however at 2.44, XRP is still far from it local high of 2.9. Furthermore, and unlike $BTC who came back very close to its all time high, XRP was not able to go back to 2.6, an important local top that needs to be broken.

What is your view on XRP?
Are you a holder or a seller?
Did you buy or sell during the pullback or after?


#XRPPredictions
#XRPGoal

AI projects and coins such as $NEAR , $ICP , $FET did well in late 2023 -> early 2024 but over the past months some other sectors have performed better.
Is it still a good idea to invest in AI projects?

Which ones do you like?
How many do you hold?
What is the proportion of your portfolio you have allocated to AI coins
What is your time horizon?
Did you buy more during the last days or did you sell?

#artificialintelligence

Many established meme coins like $DOGE , $PEPE , $FLOKI are not moving so well lately. Is it still worth investing in meme coins in general?

Which meme coins do you like?
How many meme coins do you hold?
What is the proportion of your portfolio you have allocated to meme coins? (% of capital and  number of coins %)

#meme_coin
#memecycle
#mememcoinseason2024