Patience
Such a Similar Movement! XRP/BTCGolden Cross happened in XRP/USD, but I truly believe XRP/BTC pair will decide it all.
Looking at history we should have some movement down if we totally mirror the past.
Stochastic has space to go down.
Take a look how candle pattern in the yellow boxes is so similar!
Take off June 16?
It would be super easy to FOMO now but this time I will be patient. Extra difficult to have a perfect entry but one can try :)
Good luck!
Formation Imminent - Daily Interval - XRFHello Successful Traders,
The stock (XRF) is manifesting strong implications of an trend reversal, considering the Relative Strength Index (RSI) was hovering below the oversold value (20), as well as numerous trend lines pinpointing a bounce towards the upside. Await confirmation prior to entering the market (validation and verification is salient).
Resistance Level 1 - (1.45 - 2.15) 70 cent interval
Key Price Zone (KPZ) - (0.50 - 1.15) 60 cent interval
Support Level 1 - (0.00 - 0.35) 35 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
Daily outlookAnything can happen in this candle. For longer term trades, what this candle closes on will help determine direction more.
Weary Times - Monthly Interval - EMESHello Successful Traders,
The stock (EMES) has none-the-less represented a significant decline in price action (PA). The current fundamental reports and numerous creditors seeking to exercise their rights for payment, are manifesting worrisome signs as to whether or not this stock will be capable of operating within the near future. Await confirmation prior to entering the market.
Resistance Level 2 - (53.00 - 54.00) 1 dollar interval
Resistance Level 1 - (19.50 - 20.50) 1 dollar interval
Key Price Zone (KPZ) - (7.50 - 8.25) 75 cent interval
Support Level 1 - (0.15 - 0.85) 75 cent interval
Furthermore, fundamentally (EMES) has been troubled with worrisome metrics. Perform diligence and analytics properly
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
VET/BTC 10-25% Profit, 1-5 Day Trade (& BTT is one bad mothaaa)Happy Friday Financial Amigo's! BTT is my primary love affair at the moment and still gives me tingles you know where. But I also like VET as a potential side chick. It's a good/stable coin, had a nice run over last months and definitely completed significant retrace from then, as well as from all high/late 2017.
My average trade is less than a day but lately I've been trying to venture a bit more into a few mid-term trades to make up for occasional short term loss(es). If I can just couple my wisdom (a.k.a.: arrogant confidence) with some more patience then I'll be in good shape. Seriously though, over time, but especially recently in this coming of age crypto bull market, I've found how important patience truly is if you want to grow as a successful trader.
Easier said than done, especially when drinking while trading. Anyway, not to digress so let's get to it!
TIME RANGE:
Currently: 3 PM Eastern, VET = .00000092 BTC (I'll be excluding all the 0's hereafter)
1-12 Hours :
98/99
1-2 Days :
101/102
1.5-4 Days :
108/109
2-5 Days :
112/113
If I am wrong, then I hope you didn't read this. If I'm right, then you're welcome. Either way, this is for fun and not financial trading advice. DYOR, blah, blah, blah, etc.
PS: SHORT TERM BTC PREDICTION:
Not ever trying to wish losses on other traders, but Gosh! Isn't it nice to hear bears bitching and moaning for once lol. You can fight it all you want, but I knew when this last FUD dip(s) regarding alleged Tether problems/Binance hack, etc., only caused a tiny dip with quick recovery, that it's time for more profits. Other bull runs happened quick, I think this time will be a bit different with longer/more stable growth. However, still expecting some normal Bitcoin/Crypto volatility. Fingers Crossed.
Next Month BTC Timeline:
8K to 8.3K to 9.4K to 10.3K down to 7.5K
(Those are "ish" ranges, not putting my actual sell/buy limits on here lol, or claiming to when it's really fudged figures * cough cough * pay me money for a subscription lol
Good luck trading amigos and thanks for reading. Maybe.
Pullback before the next 300pips move :)I do not have time for explanations, the chart speaks itself !!
When the stock market and forex market are closed.It's such an amazing feeling knowing that you can trade crypto 7 days a week 24 hours a day, because nothing is more annoying than the market being closed.If you love trading and you trade stocks you really have it hard almost everyday and even worst on Friday. For forex traders Friday afternoon are so depressing that you just want to take shots of tequila to ease the pain lol.With all this being said litecoin seems like it will go in for a run but not before it drops. I would be more comfortable waiting for this to drop around 86.499 to then buy.Being patient is the key to success!
Quote:“I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.” – Tom Basso
Trader Essentials from Amazon
1. amzn.to -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to -Encyclopedia of Chart Patterns
3. amzn.to -Apple MacBook Pro
4. amzn.to -OLLY Goodbye Stress Gummy,
5. amzn.to - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US
6. amzn.to Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver
7. amzn.to -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
Potential (Trend Rev.) Position - Monthly - VIVEHello Successful Investors,
The stock (VIVE) has been quite a controversial stock, as even though the overall performance (since it's IPO) has been quite alarming, their appears to be quite a hefty protocol in place to rejuvenate investor sentiment and stimulate company price. Considering the recent report of initial Quarterly Earnings, they do appear to be optimistic in their approach to creating value again.
Resistance Level 1 - (3.25 - 4.00) 75 cent interval
Key Price Zone (KPZ) - (1.75 - 1.50) 75 cent interval
Support Level 1 - (0.25 - 1.00) 75 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LIonGate
Big Drop or some what of drop?This will be a good stock to look in the morning at open if you're the type to short stocks.ADVM had some great gains today because they had news released this morning. These penny stocks usually tend to move up for any reason and then drop the next day. On top of that it has also hit some resistance.ADVM will be worth to look at tomorrow morning at open.
Quote: “When I became a winner, I said, ‘I figured it out, but if I’m wrong, I’m getting the hell out, because I want to save my money and go on to the next trade.’” – Marty Schwartz
Trader Essentials from Amazon
1. amzn.to -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to -Encyclopedia of Chart Patterns
3. amzn.to -Apple MacBook Pro
4. amzn.to -OLLY Goodbye Stress Gummy,
Say crazy shit like trump just to get attention! Dollar drop!Well please correct me if I'm wrong which I may be like most traders.(Lol bad joke maybe?) Looking at this chart I noticed that this was creating an ascending triangle which currently has the pattern going up.My guess is that this will go up around a little over the 1.35000 to then come down for some good profits.Also, not to mention reports came out that retail sales have been slowing down which could be another impact for the dollar to fall.
Entry:1.35072
SL :1.35300
Tp :1.34248
“That cotton trade was almost the deal breaker for me. It was at that point that I said, ‘Mr. Stupid, why risk everything on one trade? Why not make your life a pursuit of happiness rather than pain?’” – Paul Tudor Jones
Trader Essentials from Amazon
1. amzn.to -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to -Encyclopedia of Chart Patterns
3. amzn.to -Apple MacBook Pro
4. amzn.to -OLLY Goodbye Stress Gummy,
Potential Bankruptcy (R.I.P) - Monthly Interval - INSYHello Fellow Traders,
The stock (INSY) has arguably caused an epidemic of media notice lately (Rap videos, 70 - 73% depreciation in price in one day, bankruptcy speculation, etc.) This would manifest a pivotal example to have price manipulation and various other tactics can protrude a company to remain in the public's eye for quite a duration. Always ( I repeat ALWAYS) before due diligence prior to investing in any corporation/company, (Your OWN Due Diligence). To those who initially invested in this company, my deepest condolences.
Resistance Level 2 - (33.00 - 34.50) 1.50 cent interval
Resistance Level 1 - (14.50 - 16.00) 1.50 cent interval
Key Price Zone (KPZ) - (6.25 - 7.50) 1.25 cent interval
Support Level 1 - (0.00 - 1.50) 1.50 cent interval
Furthermore, considering the prevalent sporadic movement in price, i would highly advice caution in taking any position at time point in time (even if short).
-LionGate
Why are you failing? Part 1I often think to myself how many traders are actually good and could make money? What if the main reason you're failing is because you use leverage the wrong way. I think every trader has made the mistake of over leveraging in a position when they think they see a really perfect trade. Now maybe they're right but as you know nothing is lined up 100% perfectly in trading.For example they may have saw a great support which they bought into ,but before moving up again the price drops more which resulted in a losing trade. If they have had the right position size it may have helped them be more patient. You often hear people say control your emotions when trading and I strongly believe that your position size will determine how your emotions will play in any given trade.
Disclaimer: These are just thoughts and random charts.
Quote of the day:“Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.” – Larry Hite
Trader Essentials from Amazon
1. amzn.to -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to -Encyclopedia of Chart Patterns
3. amzn.to -Apple MacBook Pro
4. amzn.to -OLLY Goodbye Stress Gummy,
Is trading mostly psychology? Just thoughts.The craziest thing to me about trading is that so many traders will interpret the same exact chart in so many different ways. Some traders will buy and some will sell with both traders closing at a lost.Why does it happen well it could be many different reasons, but I bet the main reason came down to not handling your emotions.The first trader could have been desperate to make money so he didn't wait for the right setups .The second trader might have had a good entry but was way over leveraged and one small move to the wrong side could have caused a losing trade.Being desperate to make a lot of money fast maybe the reason why so many traders lose money. Comment below any thoughts you may have I am also looking forward to learn.
"The stock market is a device for transferring money from the impatient to the patient." – Warren Buffett
Trader Essentials from Amazon
1. amzn.to -Tylenol Extra Strength Rapid Release (LOL)
2. amzn.to -Encyclopedia of Chart Patterns
3. amzn.to -Apple MacBook Pro
4. amzn.to -OLLY Goodbye Stress Gummy,
Downward (Re-test All time Low?) - Monthly Interval - PBYIHello Successful Investors,
The stock (PBYI) presents a worrisome investor consensus as enough there have been minimal price jumps, the overall trend is quite significantly negative (bearish). Considering this month's bearish trend, there may be an opportunity to cultivate all time lows. Await confirmation prior to entering the market.
Resistance Level 2 - (135.00 - 136.25) 1.25 cent interval
Resistance Level 1 - (77.50 - 78.75) 1.25 cent interval
Key Price Zone (KPZ) - (50.25 - 60.25) 1.00 dollar interval
Support Level 1 - (16.00 - 17.25) 1.25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
Trend Reversal (Poss.) - Weekly Interval - EVFMHello Successful Traders,
The stock (EVFM) manifested a strong positive (bullish) sentiment for the beginning period of May. Considering the heightened volume spike, quarterly earnings exceed expectations (Y/Y), technical trend lines presenting strong consolidation (for greater strength in upward penetration), and as well as numerous other implications (BB, Overall-Trend, etc.)
Resistance Level 2 - (16.95 - 17.75) 80 cent interval
Resistance Level 1 - (8.25 - 9.00) 75 cent interval
Key Price Zone (KPZ) - (3.50 - 4.25) 75 cent interval
Support Level 1 - (1.50 - 2.25) 75 cent interval
Furthermore, there could be a false penetration upward (as numerous fundamental analytics manifest worrisome growth for the bio-pharmaceutical's overall performance)
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Position Formulating (Rev.) - Monthly Interval - WFTHello Successful Traders,
The stock (WFT) manifests a downward movement as the investor sentiment appears to be (bearish). Considering the prevalent push towards an all-time, however, an imminent (reversal) upward trend may manifest within the upcoming months. Always perform a significant amount of due diligence and patience prior to entering a volatile market.
Resistance Level 2 - (25.00 - 26.50) 1.50 cent interval
Resistance Level 1 - (8.00 - 9.25) 1.25 cent interval
Key Price Zone (KPZ) - (3.00 - 4.25) 1.25 cent interval
Support Level 1 - (0.00 - 1.50) 1.50 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
Will The USDCHF Breakout From an 8-Year Consolidation? This currency pair is featuring for the first time on our TradingView blogs.
Current setup: Price is in a long-term consolidation dating back to 2011/2012. A break and close above resistance will suggest a breakout.
Conclusion: Trading above the high of 2018 but standing aside until a breakout is confirmed after which we will look to place long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Position Formation - Daily interval - RHEHello Successful Traders,
The stock (RHE) is manifesting an immensely volatile pre-market (sporadic) fluctuation. The overall Market trend still appears to be consolidating (negative trend) to push towards the downside. Consider various variables that can influence the influx of PA (Price Action).
Resistance Level 2 - (21.00 - 21.60) 60 cent interval
Resistance Level 1 - (10.50 - 11.00) 50 cent interval
Key Price Zone (KPZ) - (4.60 - 5.15) 55 cent interval
Support Level 1 - (0.50 - 1.00) 50 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Plan)***
- LionGate
Current Trend - Weekly Interval - GSKYHello Successful Traders,
The stock (GSKY) has released it's preliminary (initial) earnings report for the FY of 2019. EPS and revenue projections were missed (in-relation to Zack's prediction) and could further cause investor sentiment to be weary. Acknowledge that investor notions are always contingent and may react differently as opposed to the "report."
Resistance Level 1 - (18.50 - 18.95) 45 cent interval
Key Price Zone (KPZ) - (16.50 - 17.00) 50 cent interval
Support Level 1 - (8.25 - 8.70) 45 cent interval
Furthermore, the overall fundamentals of the stock manifest admirable metrics (which can demonstrate a viable investment position within future months)
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Consolidation (Imminent Break - Out) - Monthly Interval - AMTXHello Successful Traders,
The stock (AMTX) manifests a hindsight view of (Bearish) sentiment, as the trend has been descending in value since early mid 2014. Considering the current uproar in PA (Price Action), an opportunity within the next coming weeks may present itself. (Await Confirmation Prior to Market Entry).
Resistance Level 2 - (4.80 - 5.30) 50 cent interval
Resistance Level 1 - (2.90 - 3.30) 40 cent interval
Key Price Zone (KPZ) - (1.50 - 1.90) 40 cent interval
Support Level 1 - (0.30 - 0.75) 45 cent interval
Furthermore, Acknowledge false formations as they can provide viable sentiment but concerning positions.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
Trend Analysis - Weekly Interval - OFSHello Successful Traders,
The stock (OFS) has presented an overall downward (bearish) direction. In-relation to recent months, however, investor sentiment has been consumed towards a more positive (bullish) direction. Considering the prevalent infiltration at Resistance Level 1, PA represents a potential opportunity to either push further north (or reversal). An earnings release will be reported tomorrow morning (May 3rd 2019), indicating potential of market fluctuation.
Resistance Level 2 - (14.50 - 15.75) 1.25 cent interval
Resistance Level 1 - (12.00 - 13.25) 1.25 cent interval
Key Price Zone (KPZ) - (11.00 - 12.25) 1.25 cent interval
Support Level 1 - (9.00 - 10.50) 1.50 cent interval
Furthermore, acknowledge numerous market makers as price may witness sporadic levels of volatility.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
