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Bitcoin Within A Channel And Altcoins Keep Moving – Zoom Out Alts Pumping

Bitcoin within a channel and Altcoins keep moving – Zoom out alts pumping

**Always take in consideration non of this information is financial advice or official announcement from any specific project, I’m no financial advisor, trader or expert, this is just my personal opinion on certain project mention on this article, cryptocurrencies are extreme high risk assets and you must do you own research, never follow what I or other people say on internet**

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Bitcoin within a channel and Altcoins keep moving – Zoom out alts pumping

Its late but I want to put this out, so lets start with last week setups

Last Sunday post: https://myhive.li/ym28k

WINNERS
-VECHAIN: green but not by much, was able to get in at 0.01556 at the 20 EMA bounce, still waiting for target $0.02
-THETA: 100% hit the target, of $0.77 for a 12%, not bad, not looking to become rich, I’m not a trader

EVEN
-ETHEREUM: Still holding, bought at $564 and $574, wend down to $531 and at the moment of this post $590, target still $660
-XRP: never got in because it pump before I could buy in, I was already holding a mini bag since July, looking to buy more at $0.40 because Ethereum is coming to XRP or backwards, the thing is that they are going to copycat everything that is on ETHEREUM

No losers for past week that’s good, market still looks like its moving sideways.

Bitcoin Daily Chart
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
Click Here Full Size Image

When it comes to Bitcoin for and I got to say for now because it’s just a game of probabilities, if it would be the case that I own no Bitcoin right I would buy but with expectations for it to go -30% so I would only put 20% of my portfolio on crypto and stay the rest in FIAT or USDT, the reason it’s because now even though the future for Bitcoin is very bright on 2021 I feel that we havent seen the real dip, we did saw a 15% dip on November 25. IMO I dont think we are going to get a Xmas miracle and see Bitcoin over $20k before the end of the year, now the stamina of crypto market is going away and there still some hardcore traders scalping for the last days of the year, I do have a few picks and probably will do the same for the rest of the year just watch what happen and be ready for any flash correction because some ppl want to buy nice things for Xmas, its fine.

XMR Daily Chart
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
Click Here Full Size Image

I have talked about privacy this last week and actually Uniswap just added Incognito, topic for another post, XMR did pump and this is another long-term hold for me, have bought more the past three months, Im not rich so it’s not like I’m buying large amounts but its an important part of my portfolio if Bitcoin goes to sht because of governments regulations, anyways it has been pumping since march as the rest of the market, I’m going short on this one with a target from 10% to 20% at most, I think its going to repeat what price did on November 24.

Entry: $150.63
Target: $139.57

UNI Daily Chart
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
Click Here Full Size Image

Uniswap is doing some changes, after they got vampire attack by Suchiswap the exchain lose some stamina and the release of the token didnt help that much, we can see how on the Daily chart its MACD getting possible out of that negative momentum, $3 has been a resistance and support level many times, it recently bounce from that same level and it looks like the range of the descending wedge it’s getting tight, usually this is bullish thats why I make reference to the MACD getting out of negative momentum, also there are a few news about governance and privacy features added to Uniswap that I think have not make impact on the price, Im going to long this one with a possible target of 20% gains

Entry: $3.1847
Target: $3.82

COTI Daily Chart COTI/BTC
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
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COTI, you probably havent heard of this coin, it’s not really mainstream, yes its trading on Binance, number #247 on Coingecko and to be honest I don’t know much about it, it’s a staking coin trying to be a payment method and there is a large amount of coins trying to do this, to be honest I can really care less although its been shill hard on CT, I may care more about it when I research the project but for now the chart looks Fkn good, doing another round bottom and on top of that it bounce from its bottom so you potentially have:

1- Round bottom
2- Double bottom, bouncing from atl
3- Ascending triangle after a dump

I’m looking for a 10% and it may retest the ascending part of the triangle, if it does then I’ll buy some more

Entry: 0.00000279
Target: 0.0000030

ROSE Daily Chart
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
Click Here Full Size Image

I only know its a privacy, smart contract, staking coin, as mention this type of coins are thousands out there although I see many ppl talking about it on CT, you may think “you trade what other ppl say” No I don’t, I pay attention and take in consideration and if I consider the chart has technical for a trade I may take it and even better if it’s on futures because then I have both sides of the coin I can go long or short. $ROSE I saw they recently partner with LINK and YFI SO decided to take a look at the chart, in this case it’s not on futures but its on Binance, I bought some but only 20% of what Im expecting to spend, why it’s because it recently V shape bounce from a level it has respected for sometime so it either continues to go up on an ascending triangle but it doesn’t look that strong so potential double bottom and then go up, this is a small trade Im going to take, if it breaks $0.055 I will by the rest of the capital I have allocated for this trade.

Entry: 0.05117
Buy More: 0.055
Target: 0.05877

ETH Daily Chart
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
Click Here Full Size Image

ETH really broke my heart, I really thought we were going from $604 to $660, Im still on the green from that $564 and $574 entry, on todays chart we have monthly and weekly levels. Monthly looks a bit too bearish levels although if my BTC theory of a dump before Xmas or just sideways we may see $530 on ETH although it’s not looking bad, right now if it breaks $604 as I was expecting last week than breaking $642 should catapult to $660, it the same as Bitcoin if you ask me go all in ETH I would say NOP.

Entry: $564 and $574
Target: $660

SUSHI Daily Chart
Bitcoin within a channel and Altcoins keep moving - Zoom out alts pumping
Click Here Full Size Image

Nothing special about SUSHI, they recently had some news out about their work with YFI, that got me to look at the chart and it has been ripping lately, although I’m going to try to short this one, long-term I think it will keep pumping although besides a round bottom this might be a BIG cup and handle, STRONG resistance at $2.45, bearish divergence, I’m a bit red now so watch out, on this one Ill probably chicken out and sell at 20% I still dont learn to let my winners run.

Entry: $2.26
Stop: $2.37
Target: $2.05

Sorry didn’t post it yesterday, had a busy weekend and couldn’t do any posts, this are trades I got since Saturday except ETH I’m still holding.

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