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re: Official CryptoTalk Thread

Posted on 8/23/24 at 4:42 pm to
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 8/23/24 at 4:42 pm to
I’m watching alt coins close to see if I think this is going to be a breakout or not.

Lower liquidity coins can break their trendlines sooner. BNB already broke the downtrend line. ADA is very close.
Posted by Nonetheless
MAGA
Member since Jan 2012
34387 posts
Posted on 8/23/24 at 4:45 pm to
we rolling rn
Posted by BottomlandBrew
Member since Aug 2010
29373 posts
Posted on 8/23/24 at 6:37 pm to
While 25 minutes in crypto-land is plenty of time to fall, it's looking like a good daily close.
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 8/23/24 at 7:17 pm to
This ranging nonsense is exhausting. I can't even get a semi until we break through 80k.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 8/23/24 at 8:44 pm to
Staying above 62.5k is incredibly significant from a technical perspective.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 8/23/24 at 8:49 pm to
While the crosses are usually confirmations, the slope of the trendlines are a good place to start. All of the longer term trendlines are sloping up and have been and the 8ema looks like it is about to cross above the 21ema, a good sign. If you look on the weekly chart, I just did for 30 seconds, it looks like there is a giant cup and handle dating back to Oct 2021, if that plays out, watch out above.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 8/24/24 at 8:56 am to
Yep, great post. Have to look at different time-interval charts to see different set ups.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11536 posts
Posted on 8/24/24 at 9:56 am to
Vitalik moved 35,000 ETH to Kraken to dump.

All these foundations dump killing token prices.
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 8/24/24 at 10:40 am to
quote:


Vitalik moved 35,000 ETH to Kraken to dump.


I wonder then the founder of Bitcoin will dump or decide to change the code and make more Bitcoin.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 8/24/24 at 10:55 am to
Posted by LordSaintly
Member since Dec 2005
42365 posts
Posted on 8/24/24 at 11:32 am to
Alts are waking up. Is it happening?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11536 posts
Posted on 8/24/24 at 11:32 am to
I hear ya. I It's one of the things we love about Bitcoin. It's one of the things I love about PulseChain too.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 8/24/24 at 11:38 am to
Soon.

Lots of top 30 alt coins are breaking above their downtrend line.

Bitcoin will follow once it chews through some sell walls. 65,500 is the next spot to watch for BTC.

If it breaks above 65,500, that’s where technicals will breakdown outside of the larger-interval charts like we were talking about earlier.

It just becomes a “when do you think we enter price discovery?” question. Some people think this will happen end of Sept but I think we’re basically in the window for it to pop off at any moment.
Posted by LSUTiger23
Madisonville, LA
Member since Jun 2010
1328 posts
Posted on 8/25/24 at 6:46 pm to
Fetch going nuts. Been watching this one and I missed getting in.
Posted by LordSaintly
Member since Dec 2005
42365 posts
Posted on 8/25/24 at 7:32 pm to
quote:

Been watching this one and I missed getting in.


Wait for a pullback or DCA. AI tokens aren't done.
Posted by Jelleaux
Member since May 2010
814 posts
Posted on 8/26/24 at 11:20 am to
I sure hope not. I’m currently developing a one click bittensor ($TAO) mining platform and team would have spent 350k+ on nothing if it is indeed done lol
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 8/27/24 at 6:23 pm to
Looks like we’re staying range bound for a bit.

Only BNB broke the down trend line and now it’s back below.

Gun to my head, I don’t think we’re breaking out until late sept at the earliest. This rejection is a gut punch.


Stay patient.
This post was edited on 8/27/24 at 6:24 pm
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 8/27/24 at 9:13 pm to
quote:

Gun to my head, I don’t think we’re breaking out until late sept at the earliest.

I agree.
This post was edited on 8/28/24 at 8:03 am
Posted by Jelleaux
Member since May 2010
814 posts
Posted on 8/28/24 at 9:54 am to
October/November is when things starting running again I think
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 8/30/24 at 10:18 pm to
Everyone gave up? It’s all over?
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