bitloss

bitloss Oct 19, 2022

While everyone is expecting one more big dump, I would like to see some highs taken first to invite breakout and FOMO traders.

bitloss Jan 8, 2022

If PA comes down to this level I think we will see a reaction with potential for a swing. There is confluence with liquidity, fibs, and daily levels with a nice previous SFP to SFP. I believe it will bounce but continue downward possibly after testing resistance above, but ultimately breaking down further. NFA I am only a trading student.

bitloss Jan 7, 2022

Been a while since I posted an idea. I've been studying and working on my TA. Definitely NFA, I am only a trading student. I'm bearish on BIFI and have marked a few levels I'll be keeping my eye on for reactions. To be clear these are NOT targets, just levels I expect reactions if reached. I will likely NOT be trading BIFI because I'm looking at setups on...

bitloss Updated  Nov 24, 2021

I don't think the pullback is complete. There is too much greed in the market to begin the big pump. Wait until there's blood in the streets and everyone is running for the exits. NFA. I suspect a drawdown to the 0.382 Fib level. This will put us into the green clouds below and on a major trend line for support. I believe the 50MA will drop below the 20MA but...

bitloss Updated  Nov 23, 2021

Welp, CELR jumped the gun and is already headed to the moon without you. This candle is super bullish but I also expect a drawdown. If it finds support on top of that falling wedge we're likely headed to the first target which is that solid red line. If it falls below the top line of that falling wedge, I would expect it to continue down the wedge for a more...

bitloss Updated  Nov 23, 2021

Target is $12.60 but not without overcoming heavy resistance. Watch Fib levels for support/resistance. MACD on the 4hr timeframe is curling upward. Turn on your moving average and see a golden cross is about to occur! If it does we're going to the moon. Dropping below the 0.618 Fib level looks unlikely but that would be a red flag. This has potential to...

bitloss Updated  Nov 23, 2021

Monero looks like it is about to complete a triple bottom on the hourly timeframe. MACD is curling upward and I'm expecting a bullish crossover. RSI is not overbought. On the larger timeframe, this would be confirmation of a much larger bullish pennant breakout which could actually complete a mega-cup & handle formation. Target: On the hourly is $297 which...

bitloss Nov 23, 2021

NOTE: See images at bottom. $POTS seems to be forming a bottom. There was a false break out of a falling wedge in October, with a successful breakout closer to the apex. There was a swing failure at the October low. Price action is between the (well respected) 20EMA and that October monthly low. MACD is crossing up the signal line. RSI has a positive...

bitloss Nov 22, 2021

$MATIC has not been correlated to other popular chains lately like $AVAX, $CRO, $BNB. $QUICK is one of the more popular DEXs on Polygon and has a low market cap (undervalued). If $MATIC pumps anything like $BNB did back when $CAKE went to Mars, I would expect $QUICK to pump similarly (but as hard) as $CAKE did. Looking at the chart, $QUICK is at a critical point...

bitloss Updated  Nov 18, 2021

Yea I'm going to head out for now. That pullback hurt but I can't let hopium get me. I'll be back when conditions are better :)

bitloss Nov 15, 2021

I typed it all up and my tab closed so just look at it and compare to your own research. Not going to type it up again. NFA.

bitloss Nov 13, 2021

$AVAX has just barely claimed an ATH. It has plenty of room to run on the 4hr timeframe, but is overextended on the 1day timeframe. Nonetheless, it has not yet reached the inverse h&s target which is toward the top of the red clouds of doom. I do think it will break through the yellow box (supply zone), but it might need to take a breath first. Keep an eye on...

bitloss Nov 13, 2021

DOGE has broken out of a downward channel which is the handle of a cup & handle pattern. Price action is sitting between strong support and strong resistance, and between the 50MA (support) and the 20MA (resistance). The 4hr MACD has just crossed up over the signal line after a long'ish downtrend, which is bullish. RSI is approaching the 50 from below. If it...

bitloss Nov 11, 2021

A h&s has formed and FLOKI is currently against heavy long-term resistance. It will take a strong push to break bullish. Right now it just looks too bearish for my comfort. It very well might break to the upside but there are opportunities elsewhere at the moment. No targets currently. This one is far too volatile currently to make confident targets.

bitloss Nov 8, 2021

BAND is currently breaking out of a cup & handle formation. Target is is shown by green arrow, though I do not think it will reach this level without first being rejected by the yellow trendline which is the upper bound of a longer-term upward channel. MACD bullish crossover. RSI crossed the 50 from below earlier today. Still looks to be in an uptrend but with...

bitloss Nov 8, 2021

MACD is rolling over bearish RSI has a nasty bearish divergence Reversal at 1.618 Fib level $80.90 might provide support. If so we'll likely retest that 1.618 Fib level again. Short term bearish, mid-term bullish. NFA.

bitloss Nov 8, 2021

CRO has heavy resistance at the solid yellow line. Currently in a rising wedge which has top line made up of a longstanding support/resistance. The bullish falling wedge it previously broke out of has a target that coincides with it's 1.618 Fib level ($0.457'ish). The rising wedge it is currently in has an apex that also ends at the 1.618 fib level. If this...

bitloss Nov 6, 2021

Large cup with a bullish pennant as the handle. Another cup with a bull flag as a handle has formed toward the apex of the bullish pennant. Larger cup 1.618 Fib level is at $3.96. Bullish Pennant 1.618 Fib is at $2.45. Smaller Cup & Handle 1.68 Fib is at $1.83. Take profits at the aforementioned fib levels and at $1.45 (0.786 fib level of the pennant). NFA