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Alteroc

SALT/BTC - Bottom is in? Daily RSI bullish divergenceDear all, Here is a trade setup I'm taking on SALT. The coin had a extensive retracement, now price has printed a double bottom and daily RSI is showing a bullish divergence. Several resistances in front: - the previous support of falling wedge turned resistance - Falling wedge resistance This is a long term trade and I highlighted in green my TPs zones. All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
SLong
by Alteroc
BTC - Bulls Vs Bears (as always)Dear all, Here is the current view on BTC that I am monitoring. We really had a fight right now between Bullish and Bearish patterns. Bulls: - Inverse Head & Shoulders in formation (Target $7,900 area) - Possible Diamond bottom Bears: - Downward break out of the falling wedge - Trend line rejection on the Daily at key $6,800 level - RSI too high to have another significant rally - Could end up in a future descending triangle along resistance line On my side I entered long at $6,350 with tight stop loss, and I'm looking at $6,180 and a possible option for the top of the Right Shoulder. Below that we are likely to retest the $5,800 area or even lower. All the Best from the Crypto Space Alteroc
BITFINEX:BTCUSD
by Alteroc
7
BTC - Inverse H&S pattern + H&S on RSIDear all, Here is the play I'm following on BTC. We can clearly see a possible inverse Head & Shoulders that might form. That pattern, if completed would help cross the last downtrend line. On top of that, this rally was strong but RSI shows signs of retracement, H&S in formation on RSI. Targets on my side are $6,400 for shorting and $6,300 to 6,200 to add to long. All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
BITFINEX:BTCUSDShort
by Alteroc
NEO - Expect correction to $34Dear all, Yesterday was a nice ride for longs. Now things need to cool off a bit. NEO was one of the strongest coins and I anticipate the following retracement to $34. Assumptions: - RSI overbought and in rising wedge - Price face resistance and starts to retrace within rising wedge Target is the 0.618 fib level of current extension. All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
BITFINEX:NEOUSDShort
by Alteroc
13
BTC 1D hidden bear divergenceHi all, BTC made it's usual pump. Now almost touching the downtrend resistance line. But still in descending channel... On top, hidden bear divergence on the daily so I keep looking at the $6,160/ $5,850 levels with attention before going thinking going long This is the perfect moment to be extra cautious, why? - It' s dangerous to open short close to "the crowd's bottom" - It's dangerous to open long in downtrend to "catch a falling knife" All the Best from the Crypto Space Alteroc
BITFINEX:BTCUSD
by Alteroc
4