MarkStPeter

MarkStPeter

Hello Traders, Please see the chart for the best time to buy historically. The ETH/ BTC pair has been following the yellow trendline since its first touch back in 2017, right before putting in a massive green wick of over 13k%. Since then the price action has hit the yellow trendline a handful of times but the two best times to buy, were when the price action...

MarkStPeter

Hello Traders, Here is the monthly outlook showing the Bitcoin price action on the logarithmic scale. The bright green line is the EMA(65) and the Relative Strength Index is set to an RSI(5). What to watch? Watch for the price action to tap, hit, or cross the EMA(65), and watch for the RSI to break below the 30 level,(we are very close) With current market...

MarkStPeter

Hi Traders, Bitcoin is showing some strong signals of finally hitting a bottom. Though we still have a large possibility of another cascading/ capitulation. The weekly RSI has only hit a 30 or lower-level two times before. Once in 2015 & 2018. We couldn't ask for a better opportunity to enter the market with the reassurance of buying at a major discount. We...

MarkStPeter

Hi Traders, If you've ever questioned your entry strategy or have entered too soon, or found yourself gun shy and entering after the party is over, then you may find this guide helpful. This isn't a over the top strategy, nor is there any special skill needed to apply it to your trading. I've found personally, that the easier and more simple it is, the better...

MarkStPeter

Hello Traders, Hope all have been surviving and better yet thriving in these conditions. Whether you're looking at the charts, the news, or talking to a neighbor, it's difficult nowadays to not hear some form of FUD. Politically & economically. Though, I do believe we still have a little gas in the tank, as long as the car doesn't sit idle for too long. As...

MarkStPeter

Hello Traders, Here's a chart analysis for CHZ. Besides the technicals, there are a lot of big players talking about this project and showing support. Over the course of the next year, we should start to see more adoption take place as more professional sports teams adopt the use of CHZ. Technically, there are a few levels I'm watching for taking profits,...

MarkStPeter

Hello Traders, FTT is setting up possibly for a move to the $51-$53 range after flashing similar signals. RSI bounce off of the 30 range, double bounce off of the trend line, and decreasing volume. Social sentiment is also positive. As well as a lot of outflow from exchanges. As we all know FTX is ran by SBF, sometimes it pays to invest in the ones running...

MarkStPeter

Hello Traders, Taking a trade on CRV. Will be adding to my position if we get a retest of the broken trendline. The same pattern has been played out three times before. High risk, protecting myself with a tight stop loss.' Trade at own risk. Good luck!

MarkStPeter

Hello Traders, Tornado cash has seen some recent spikes in volume. Seeing similar price action to previous bottoms before reversing to the upside. Patient traders will wait for a confirmation break above the 50 ema. Another layer of confirmation can be had by following the MACD and waiting for the momentum bars to flip green above the line. In the later...

MarkStPeter

Hi Traders, Here's a crypto gaming and gambling horse racing platform. DeRace is still in Beta w/ the full game being released in the 2nd/3rd quarter of 2022. Strong and growing community w/ loyal holders. I believe, like many that crypto gaming and gambling will be what helps to attract the masses into the cryptocurrency space. As gaming can act as a medium...

MarkStPeter

Hello Traders, There’s a possible Bullish W Pattern forming on the ETH/ BTC chart. We’re seeing strong volume wicks Atm as well. ETH dominance is strong and has formed a W pattern on the weekly time frame. BTC dominance looks a little week right now, so there may be a chance for the ETH pair to pick up a little momentum over the coming weeks. I’ll continue...

MarkStPeter

Hello Traders, Take a look at the chart. We have a potential bullish continuation pattern forming on Solana's chart. We've seen the resistance be touched four times now, which sets us up for a strong breakout, either to the downside or upside. Price action has formed a Flag pattern with downward sloping volume, confirming the pattern. There is strong...

MarkStPeter

Hello Traders, Take a look at my chart and let me know what you think? What's your strategy over the next month or so? We should see some further downside potential over the next few days. A couple of support lines are showing as potential bounce ranges. I'll take profits if we break and close below the $57,500 range. And if we break above recent ATH, I'll be...

MarkStPeter

Hello Traders, I found this very interesting when looking back through ETH price action respecting the SMMA(50). We have now seen two cycles follow a pretty similar timeline, of around 400+ days of a bull run. The question is, do we follow this again, and if so, do see the price going up until August 2022? Congrats to all of you holders!

MarkStPeter

Hello Traders, Take a look at this long-term projection for Bitcoin until April 2023. I believe that we aren't going to see the fireworks that we are all expecting for this cycle. We will probably see some medium-sized moves but by the time we move out of 2022, we should see a new shift in overall market sentiment, from the brand new adopter to the US...

MarkStPeter

Hello Traders, We have some key areas of support that haven't been touched in a long time. One thing about markets is that they like to balance themselves out by touching all areas at some point. I believe that point will be in the $1700-$1400 price range. Key areas I'm watching are the bottom trendline of the BB, 100 EMA, 50 SMMA on the weekly timeframe. We...

MarkStPeter

Hello Traders, Ethereum looks to have formed what I call a mini-cloud-bank patter. Why, Mini? Because generally speaking Cloud Bank patterns take anywhere from months to years to form, which are followed by a steep 40-60% drop-off with a "V" shape recovery. Clouds usually form during or right before a Bear Market, then take a massive plunge to start a...

MarkStPeter

Hello Traders, Cardano is doing everything she can at the moment to break resistance above $2.30-$2.40. Breaking above the $2.36 & closing above would in my eyes, signify a potential move up to the $2.50-$2.75 range, before hitting another set of resistance. The market as a whole right now has had a sentiment shift for the better, but as always, it's fickle, so...