ONEUSDT over exhurbance market playnot gonna say much think the market is heading down but slowly entering a scalp trade on this bullish setup stop very tight
this has the vol to have some nice trades today but think you will eventually see at least 220sat again most likely much lower as the people who will accumulate this will not accumulate at this level so investors beware
Bulltrend
USDSEK Trading Above the ATHLast post: May 31st 2018. See chart .
Review: Price was struggling to break through the round number 9.0000.
Update: The bulls are firmly in control. Price is now trading above the ATH and showing signs of strength towards 10.0000.
Conclusion: Standing aside until a clear trend direction has been confirmed above the ATH. Patience for now.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Breakout on the DX1!Last post: April 14th 2019. See chart.
Review: Price was bullish but trading in consolidation.
Update: Price has now broken out of consolidation suggesting a bull trend continuation.
Conclusion: We do not trade this but look at this a guide to trading the USD pairs. If price continues towards 100, then we will look to place trades on the best looking USD pairs.
Sublime Trading
Breakout on a gap up on the SPXLast post: April 3rd 2019. See chart .
Review: Price had continued to move higher.
Update: Price has broken out again on a gap up suggesting further strength to the upside.
Conclusion: Price is approaching the previous ATH. A break and close above this major resistant will suggest a continuation of the bull trend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Litecoin's Road Towards the HalvingLTCUSDT - Litecoin Halving Revised Chart - Top Reached at $60-64 Time for a Retrace?
Hi all, please like the chart and follow us to show us appreciation for the work and to receive further updates on Litecoin throughout the road towards the halving!
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Update 2: The top has been hit at $60-64 which was a good sell area as advised yesterday. At this moment, it looks toppy near the top of the rising wedge and IH&S neckline and might be the time for a retrace down as I pointed to yesterday in the alert mainly to two area of supports that we identified below which would be a good buy area.
Update 1: Since our last update, Litecoin kept rising within the rising wedge we have pointed to. The top of the rising wedge can be reached at $60-64 by March 12 which was initially one of our targets from few weeks ago during the initial bull run. $60-64 is also the top resistance/neckline of the large green IH&S seen on the daily timeframe which is pending the formation of its last shoulder where we would ideally rebuy back. The target of the IH&S is roughly at $94-104 which can be potentially the target of the halving rally by July-August 2019.
Looking back at why our original bearish H&S Litecoin chart initially failed, it was mainly due to the strong support from 2017 at $44-40. It was not hard to spot but mostly my mistake for not being able to focus and not expecting Litecoin to still rally that early.
Buy/Support:
$26.00-22.58
$30.50-28.50
$36-34
$44-40 - Ideal fully buy back area + strong support from 2017 + previous top holding as support +bottom of bull neckline of the ascending triangle + potential last shoulder of the IH&S in green + target of the rising wedge
50.50-48.50 - Buy 25%
Sell/Resistances:
$60-64 - Sell - Neckline of IH&S, top of rising wedge and top based on Fib Extensions - HIT
$94-104 - Sell 50% - - Target of the IH&S - Potential target of the August 2019 Halving Rally / Blue Fractal
$140-150 - Sell 50% - Potential target of the August 2019 Halving Rally / Blue Fractal
Stoploss: $38, this is a stoploss for those who bought Litecoin below $36 and holding to sell on the parabolic rally close to June-July
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How to make money using BTI indicator - 38% profit DOCK/BTCDOCK/BTC 38% maximum potential profit in a few days using BTI indicator.
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