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Long Persistence TokenTraders, A coin that is honestly one of my long term hodl’s has popped up as very bullish recently. My proprietary blend of indicators are all flashing green. I’ve been learning to trust them as they are doing very well for me recently. Additionally, you can see that VRVP is indicating we are now in the “value zone”. A nice “W” pattern is in play. And the RSI is very reasonably placed. I’ve bought at .43 cents with a target of .60 (at least at first, as this is the neckline for a larger Cup and Handle pattern). SL is .35 and the RRR is 2 to 1.If we break that neckline, I may hold for a longer-term target to be announced at a later time. Best, Stew
Long
by stewdamus
Long POWRWith BTC stabilizing above support, I think it goes to 70k next. This will drag ALTS up along with it. I am going to start dipping back into some of the previous positions which I was stopped out of with all the volatility. One such position was POWR. I like POWR here above the VRVP PoC and above that long-trending RSI support. I don't know if it will go to a dollar again but that will be my final target rn with profit taking along the way. Entry was .38 with a SL of .29 for a rrr of 7/1.
COINBASE:POWRUSDLong
by stewdamus
3
Polkadot (DOTUSD): Don't Miss Out ⏰Polkadot #DOTUSD BINANCE:DOTUSD Polkadot remains a chart of high interest to us, even though we narrowly missed our limit order by 10 cents. Since the near-miss entry and the low at $6, we've seen the development of Waves 1 and 2, and now the question arises whether we're in Wave 3 or experiencing a zigzag correction. However, the latter seems unlikely because we've observed a 3-wave rather than a 5-wave structure moving from Wave (1) to Wave (2) or to Wave C downward, which typically rules out a zigzag scenario. Should this be the case, we still anticipate our limit order being filled. Surpassing the 78.6% level could indicate we're either in Wave 3 or encountering a possible flat correction. We haven't completely dismissed this scenario yet. If we're indeed in Wave 3, we expect to significantly exceed the $9.6 level or fall well below it, around the 161.8% mark, indicating that Wave (2) has concluded and we're in an upward 5-wave structure. We'll continue to monitor the situation closely and keep you updated on further developments with Polkadot.
CRYPTO:DOTUSDLong
by freeguy_by_wmc
2
Long Bitcoin Cash (BCH) to $310Trading is slower recently with less than usual decent trade setups. But this looks like a good setup. With VRVP supporting current price with high volume and this coinciding with the bottom of a larger up-trending channel entry here is nearly as good as we can expect. Additionally, our daily RSI is in a fair range. We do have some resistance to get through. 237 is a level of resistance along with the 100 day SMA just above that. But if those can be defeated, we're well on our way. Target #1 - 254 Target #2 - 270 Target #3 - 288 Final Target - 311 I plan to take 25 percent off at the first target and raise my SL to break even. Thereafter, every target reached will be another quarter off of my full position and a raised SL to the preceding level. Risk/Reward on this is a healthy 5/1 with my stop out placed at 222. Best, Stew
COINBASE:BCHUSDLong
by stewdamus
BINANCE:SOL/USDT - Confirmed breakout and Long Trade entry--------------------------------------------------------------- Description --------------------------------------------------------------- + Falling wedge pattern on SOL. Clear breakout from the falling wedge + Next target for SOL is previous high at 126 range + With this clear breakout, hitting the target is an easy achievement --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 100.6 Stop Loss: 92.8 ------------------------------ Targets 1: 104 Targets 2: 108 Targets 3: 116 Targets 4: 126 ------------------------------ Timeframe: 12h Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Don't forget to keep the stop-loss. --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo