RookInvesting

RookInvesting

We have a potential market recovery underway and Bitcoin is leading the market and starting to look far more bullish now for a few reasons. 10ema has crossed over the 20ema AND price is above both on daily timeframe = BULLISH Major BTC support is at $78,470, price broke below for a bear trap and closed back above = BULLISH Loads of buyers stepped in with...

RookInvesting

This is a play all too familiar. while other alts have run and made new all time highs over the last few months, one of our early, strong performers in the crypto market has become boring, while building a strong base fro 67 days. Injective is finally starting to turn up and reach the $40 dollar range for a third time after breaking down from it's previous all...

RookInvesting

Well, those last two rallies were short lived. We just completely the good ol McBear pattern for a double top primed to break down. My target is the $14.5 - $16 dollar range

RookInvesting

Bulls seem to be winning in a very bearish market when it comes to Quant $QNT. The Inverse Head & Shoulders on the daily timeframe is a high-probability trade and one I have now entered and will continue to layer into. My targets are market on the chart at $189 - $222 for an easy 70%+ gain. The pattern is one thing but what excites me about this play is the...

RookInvesting

This chart is pretty self-explanatory. Head and shoulders pattern has completed and with current Macro-Economic conditions worsening and tightening, I guess this truly was one of those, "Buy the rumors, sell the news" events with the Ethereum Merge. Not only this, but we are consistently trending down, making a series of lower highs and lower lows. The trend...

RookInvesting

At this rate, it’s very tough to be bearish Binance. I’m highly confident $BNB will hit the targets on this chart within a few months. Now, as with any position or trade, practice good risk management. There’s a possibility that I’m wrong and I’m prepared to take a small loss if that’s the case. However, bulls seem to be in control: 1. 4 hours Ichimoku...

RookInvesting

This chart says it all. On the daily ichimocku, we were supported at the kijun line (red line) on the 4 hour ichimoku, we are officially breaking back out above the cloud and primed to make new all time highs. The cloud has also flipped green and is now bullish in almost every single way. I am currently going to be adding my posityon and if we break back down, I...

RookInvesting

It's late, I simply don't have the energy to type up a long explanation as to why you should long this pair. I will say this, I've seen patterns like this enough to be confident that we have an 80%+ chance this trade plays out. My expected time frame should be between 1 - 2 weeks at longest. We may see some volatility along the way. Overall. Highly...

RookInvesting

I may be shooting myself in the foot here for posting this before the daily close, but as of right now things seems bearish. 1. We broke down from our parabolic advance. 2. The sell volume as of 3 days ago was the biggest we've seen since march. To me, this is a clear sign that BIG money moved out. And it may signal further downside as retail traders fail to...

RookInvesting

Well folks, Get ready for some volatility. Elections are just around the corner (tomorrow). We just had the monthly close on Bitcoin which is bullish, but I expect there to be a bit of a bearish move up until the elections tomorrow and through Wednesday in either direction. There is a slight chance that Ocean may never retest the trend line (painted in black)...

RookInvesting

Well. I would type a description here... But I already placed it in the image and made things relatively clear (even if you're a total TA newbie).

RookInvesting

I've used multiple time frames, indicators, and analysis to come to this conclusion. We were heavily due for a market correction and if BTC fails to make newer highs, ALL Alts will suffer with it, no matter the fundamentals. Ocean has great fundamentals and so I would recommend you buy between the ranges of .20 - .18 As for my reasoning on the pullback, not...