BlackTieCrypto

BlackTieCrypto

$EGLD #Elrond entering the sell zone (red box) between $186-198 where the 21W EMA and the 200 day EMA are now, probably going back to touch the 50 day MA (curved red line) after getting rejected. The "buy box" (green box) is now between $140-$150. The game here is simple: - Buy in the green box - Sell in the red box - Stop loss at $132 (or 5% below your buy...

BlackTieCrypto

A 50 day and 200 day simple moving averages analysis also supports the hypothesis that the market will start a real recovery in a few weeks/month (thread): - Every time 50 day MA crossed 200 day MA to the downside (aka "death" cross), market was already crashing. - Last time 50 day MA crossed 200 day MA to the upside ("golden" cross) it only took a few days...

BlackTieCrypto

Keep it simple: - When you see Bitcoin BELOW the 2 lines the market is bearish and the best thing you can do is to stay on stablecoins, staking or farming. If you really have a lot of time you can also play Play2Earn games and chase Airdrops. - When you see Bitcoin ABOVE the 2 lines the market is bullish and you will probably earn more money just investing in...