Cryptocurrency market trends I

[JohnCena]

I was counting my profits every hour the last couple days before I sold anything.

Then bitcoin dumped and now I'm weeping.

crypto addiction is real. as long as u dont sell, you'll be fine.

 

[Sheikh Google]

I was counting my profits every hour the last couple days before I sold anything.

Then bitcoin dumped and now I'm weeping.

Always take profits on the way up. That way you can scale back in on red days like today.

 

[Magaffe]

crypto addiction is real. as long as u dont sell, you'll be fine.

I'm still hodling broski

 

[Sa7rawy]

I'm still hodling broski

View attachment 198559

You mean super Hopium

 

[kickz]

Okay, maybe a top signal for NFTs but Steph Curry just bought an NFT for 200k…

 

[Apollo]

Well, well.. my crypto account just hit ATH again, making up for the losses of the May dump.

Hmm, now I am thinking of pulling out or playing it very conservatively.

 

[Sheikh Google]

Well, well.. my crypto account just hit ATH again, making up for the losses of the May dump.

Hmm, now I am thinking of pulling out or playing it very conservatively.

Still got a bit of gas left in the tank. Hold the line sxb. Hold the line.

 

[Apollo]

Still got a bit of gas left in the tank. Hold the line sxb. Hold the line.

Only if BTC makes a new ATH or shit goes to extremely low prices.

 

[yaqir]

crypto addiction is real. as long as u dont sell, you'll be fine.

crypto addiction is real

 

[kickz]

Bitcoin dominance dropping, September might be another alt season.

Anyone looking to get in, Dot and Link are still well below all time highs from before May crash.

 

[Apollo]

This reminds me a lot of late April/early May. Bitcoin is doing nothing anymore (sideways) while alts are popping. This could be a bearish sign.

 

[kickz]

This reminds me a lot of late April/early May. Bitcoin is doing nothing anymore (sideways) while alts are popping. This could be a bearish sign.

As long as it holds 200 day moving average around 46k, alts should be in the clear

 

[Observer]

Arweave is gaining a lot of traction recently, some say its connected to Solana growth, and others say its due for a Coinbase listing. The market cap is not enourmous in crypto sense.
Can this token double within the next few weeks?

 

[mrlog]

All my coins currently got red candles

maybe I’m spread too thin

what coins you got and on what platforms

 

[kickz]

Arweave is gaining a lot of traction recently, some say its connected to Solana growth, and others say its due for a Coinbase listing. The market cap is not enourmous in crypto sense.
Can this token double within the next few weeks?

Looks like its sky rocketed already, probably risky entering now.

All my coins currently got red candles

maybe I’m spread too thin

what coins you got and on what platforms

DOT/Vet/Link should have some decent runs assuming Bitcoin behaves.

 

[Apollo]

As long as it holds 200 day moving average around 46k, alts should be in the clear

Everybody is expecting a repeat of 2013 (I follow lots of crypto people on twitter). The majority can't be always right. I remember the 2013 market. People back then weren't as bullish around this time and the Silk Road (a darknet marketplace) just got busted (lots of bearishness) and there were the first congressional hearings on bitcoin, then suddenly out of nowhere (mainly by Chinese traders) it pumped to 1K (from 100-200) which then caused the Chinese government to start its first crypto bans. I'm not feeling the same vibe. Now pretty much everyone is bullish. I suspect a disappointing Q4 '21, but a surprising upsurge Q1 '22 potentially.

 

[Apollo]

Spoiler: @s

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I present to you the ultra-conservative bull trap avoiding indicator:

104 hull moving average
80 hull moving average

on the weekly time frame.

So long as BTC is still under this I am calling this a bull trap. Only a weekly close without touching any of these lines (which happened in May 2020) I consider a resumption of the bull market. They are at 51.4-52.4 at the moment.

 

[Apollo]

Spoiler: @s

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These HMA settings worked in all prior bear markets, historic analysis:

 

[kickz]

Spoiler: @s

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I present to you the ultra-conservative bull trap avoiding indicator:

104 hull moving average
80 hull moving average

on the weekly time frame.

So long as BTC is still under this I am calling this a bull trap. Only a weekly close without touching any of these lines (which happened in May 2020) I consider a resumption of the bull market. They are at 51.4-52.4 at the moment.

Seems to keep getting rejected at 50k while alts keep flying, set your stop losses folks.

 

[mrlog]

Still think a bull run is in sight
Sol has given me huge returns
Waiting for dot now