ADA Exchange Trading Idea 22-01-09The second week of January and still waiting for the crypto markets to move back up. Near the bottom of the current move so we may see a new lower low on the daily. Watch closely but not ready yet.
Exchangetrading
SOL Exchange Trading Idea 22-01-02Last week we were looking for a retracement and bounce off the top of the 50% zone. We got the retracement but not the bounce. Price has stopped at the current level and is bouncing off the bottom of the 61.8% zone. I am showing the H1 timeframe so you can see the 200EMA. Since price is below all the EMAs I am still expecting price to come down more.
ETH Exchange Trading Idea 22-01-02ETH was really stable during this market correction all the other coins had. That is, until last week. The huge drop into the 50% zone looks ominous. Also, ETH Dominance has been falling. We can wait and see if the 200EMA (Red Line) is a floor for ETH or if $3600 was the new low. Still not interested in dancing with ETH yet.
DOT Exchange Trading Idea 22-01-02Last week we were looking for price to break above the 50EMA which it didn't. Currently back in the middle of the 50% zone so really not a decent sign of price going back up. The price is still a good price for DOT but the issue with getting in now is that your capital may be tied up for longer than you want in order to get your % gains.
BTC Exchange Trading Idea 22-01-02Last Week's Analysis is still valid. BTC FINALLY made a move to the upside. Then got stuck again. So I am waiting until about 53k before I do anything with Bitcoin. And for exchange trading, this is really not my favorite crypto to use. We are back at the top of the 78.6% zone and you can see it has been a very strong point of resistance. But I am still waiting for 53k to start looking at BTC again.
ADA Exchange Trading Idea 22-01-02Right now we are at the bottom of the 78.6% zone. For exchange trading, we are looking for solid price movement so we can take profit within a week or so. Right now, I am not so sure we are out of this market pause. But as far as ownership, this is a great place to buy Cardano for the long term. Even better than last week. But right now price is below the EMAs and we are coming down from being oversold on the daily. On our trading TimeFRame (H1) we have a small bounce off the bottom of the zone. But I would wait for a new higher high before entering. That should also put price above all the EMAs.
SOL Exchange Trading Ideas 21-12-26As always, this is for education, not financial advice.
SOL made it down to the 78.6% zone and now has come up out of the 50% zone. It would be nice if we can get a retracement back for an entry but this is what we have so far. I still believe SOL will get back to its former levels but not sure when. Looks like we are back in an uptrend so this would be one pair I would consider in all the Exchange Trading Options.
ETH Exchange Trading Ideas 21-12-26As always, this is for education, not trading advice.
ETH was really stable during this market correction all the other coins had. Still no break above the previous high at 4140 so I would wait for that before I get in. I would also look for price to be above the 50EMA. But ETH is still not a crypto I would use for Exchange Trading.
DOT Exchange Trading 21-12-26As always, this is education, not financial advice.
DOT has made it up to the top of the 50% zone almost. It never made it to the 78.6% zone but this is a strong move up into the zone. If price breaks above the 50EMA, we are looking good for a recovery.
BTC Exchange Trading 21-12-26As always, this is education, not financial advice.
BTC FINALLY made a move to the upside. Then got stuck again. So I am waiting until about 53k before I do anything with Bitcoin. And for exchange trading, this is really not my favorite crypto to use. We did come out of the 78.6% zone strongly but we only made it to the bottom of the 61.8% zone.
ADA Exchange Trading Idea 21-12-26As always, this is educational, not investment advice.
So it's been a few weeks since price seemed like it was heading back up. Right now we are at the top of the 78.6% zone. For exchange trading, we are looking for solid price movement so we can take profit within a week or so. Right now, I am not so sure we are out of this market pause. But as far as ownership, this is a great place to buy Cardano for the long term.
SOL Exchange Trading 21-12-05SOL is in a great place for an entry. Check the M30 or M15 and wait to see if it breaks down below the 88.6% level or breaks up out of the 78.6% level.
BTC Exchange Trading 21-12-05BTC had a massive drop over the weekend. Still going sideways and may for a while. ETH is picking up ground on the 'flippening' and is still sucking the growth out of BTC along with the other ALT coins right now.
SOL Exchange Trading 21-11-29SOL may retest the 78.6% zone and if it does, that would be a great entry. It went way up into the 50% zone but is now falling back. The Stochastic is at the oversold area so the retracement may not make it back to the 78.6% zone. You could draw a fib on this timeframe and see if it comes back to the 50% zone there for an entry too. I have put that in this chart as well. Sorry for the messy look! Unfortunately, the 50% zone falls at exactly the 78.6% zone. I wanted to leave that in so you can see how smaller time frame analysis sometimes lines up with higher timeframe analysis which I believe gives it more strength.
ETH Exchange Trading 21-11-29It's late to enter ETH right now. We are near a new high and price is above all the EMAs however, I would expect a retracement from the current move at least a little bit. You can see that 78.6% zone was super strong. Price spent a lot of time inside that zone before coming out. Price is also overbought on the Stochastic so be patient for this one to come back to a new 50% zone after a solid retracement.
DOT Exchange Trading 21-11-29DOT almost made me redraw the fib but price did not make a new low. It has popped out of the 78.6% zone and has retested. Price is above all but the 200EMA. A close above that would signal a good jump. I would look for move up of about 25% or more once we get that close.
BTC Exchange Trading 21-11-29Had to redraw the Fib because on this timeframe, price went below the 100% retracement. In the current levels, BTC has broken out of the 50% and has retested. The EMAs are converging, there is divergence right now. Things look good to see BTC continue up. A 10% increase is likely if we can set a new high above 60k.
ADA Markup - 21-11-29Price entered the 78.6% zone on a long wick and then jumped out. Already making higher highs. If you were considering using ADA for Exchange trading, this was the entry of the week. This is also why it's important to check these charts daily. We already have a new Higher High although price is at the overbought area. The current retracement should be shallow and then price should continue up with all the other projects following Bitcoins rise.
