Appears Btc breaking out upwards. Hopefully a continuation of the upwards move. Some decent gains to be had on Mana, Avax and Ftm if so.
We primarily utilise technical analysis to assess individual cryptocurrencies with the aim of outperforming bitcoin and other asset classes.
Appears Btc breaking out upwards. Hopefully a continuation of the upwards move. Some decent gains to be had on Mana, Avax and Ftm if so.
Bitcoin looks tired here so stepping out until things look clearer. Occasionally you get a pump that defies the technicals but hard to predict. I'd say probability of down is higher than an unexpected pump up.
Cautiously optimistic with this move that the bottom has been confirmed. Will still have some big crypto cutbacks as these big moves up are not sustainable - May see the first on when Btc hits around 21.5k. None-the-less the long term trend technically is looking positive from here.
Would it be smart to take profits at this point? A pull back is probably around the corner?
Been a pretty relentless bear run here and the FTX collapse certainly caught me out. However, the technical indicators seem to be in agreement the bottom is in/ very close. There's still a lot of fear in the market (which is to be expected at a bottom) but if we look past this and focus on the technicals I think we might see some gains providing there's no more unexpected news.
thanks - long term technicals look good
Called it👍
Hopefully a sustained alt rally off some btc stability here
This is one of the toughest areas to trade in my opinion. Large moves up and down can wipe out a portfolio quickly with fomo and panic selling. Technically there are some signs we are due a move up here with Btc but the geopolitical climate, world recession and energy crisis are just a few of the things playing into Macrofactors. Very complex backdrop here. Will trust the technical indicators and see how we go. As all fiat currencies face huge devaluations I believe there has to be a steady flow of hodlers coming into Btc at excellent value
i was just checking my investments in various strategies. Out of all strategies I copy, this has by far the best performance. It is not difficult to be a hero in bull times, 🐻 shows whom you should trust with your money.
Looks like a move for btc to 26k region at least. Let's ride this for a while in the altcoins that will hopefully outperform considerably.
thank you
Fantastic performance on weekly yearly and over the last several years. Nice work
Current momentum looks up with Btc- maybe to 23.5k region then I'd expect another leg down. I'd hope alts can rally off a small Btc pump.
Hopefully an imminent Luna move here
Great work! Out of diff strategies I copy, you made the best moves in this horrific times!
Shame the Luna move didn't play out... But at least you came out and took a solid defence.
2 percent up on an absolute blood bath of a day. Nice work..
it’s a fair point but difficult as momentum is building on all coins and there is a risk over trading. fantom looks like it’s got some legs in it still