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
Persistence
XPRT Persistence Token Showing Inverse H&S Pattern FT 1.97Persistence Token XPRT is showing an inverse head and shoulders pattern on the 4hr. right now. With Bitcoin dominance BTC.D almost precisely tagging resistance at 47%, I believe the alts now have a small opening in the clouds to rise. That being said wait for this candle to close in 3+ hours on your 4hr chart for entry confirmation.
Entry = Price upon candle close on the 4hr.
Stop = Somewhere below neckline. I chose 1.53
Target = 1.97 but taking profits along the way.
Risk/Reward = 3.33
Best to you!
Stew
Here's the BTC.D chart showing resistance:
NAS100 BUY ANALYSIS +1000 PIPS1. so first things first we are in an UPTREND because of the series of HIGHER HIGHS and HIGHER LOWS
2. a level of RESISTANCE was BROKEN and is now our SUPPORT, and market is currently RETESTING this level
3. entry will be the formation of a DOUBLE BOTTOM or INVERTED HEAD AND SHOULDERS after a CLEAR OFF/STOP HUNT
4.if my dark blue zone is broken and a LOWER HIGH is formed then i will short NAS100
5. but these are the financial markets anything can happen i stand to be corrected, please share your inputs, God bless!
Isaiah 60:22what's good traders!!
i've not been publishing ideas for time now and the past week or two i have not been as active as i meant to be but it was just a phase where i needed to take a step back and do some introspection and draw closer to God. God really has big things in store for every single one of us i mean literally everyone even the non believers. My message is basically that lets keep pushing and keep doing all these habits that will move us closer to our goals and then God at His perfect timing will bless our trading careers. God bless you all!
:)
PERSISTENCE OVERVIEWXPRT (Persistence) has been consolidating for over 2 months now and with the bullishness of the market the price action is approaching range high. If the PA can break above range high, we might most probably see much higher prices. These kinds of accumulations for long periods of time end up with explosive price moves.
XPRT (Persistence) Bullish Indicators All Over The PlacePersistence has been in an accumulation period for well over a year now and the price action has just touched its initial price when it was announced in public after the private sale seed phase.
Price action is now showing bullish divergences everywhere and its now heading back upwards after taking the liquidity from the market price of last year.
It might well as be a good idea to enter AFTER the break and retest of 50 SMA as it has tried to break through it many times before but could not succeed. Lets see...
Altcoin comparisons - In case of a correction Following my Wyckoff study two days ago, the potentials for a BTC "Spring" event to effect the Alts needed some consideration. In this study, I have four altcoins for review of their reaction in a BTC correction. I am looking at XPRT, THETA, ADA and DOT. Of all the coins, I find it most difficult seeing THETA making a lower low given it is so far below where I feel BTC will go (in percentage terms). However, anything might happen.
Persistence (XPRT) - Another LookSome adjustments to the structural elements of the XPRT chart to accommodate the continued consolidation of the past few days. Some interesting correlations, but the target prices are largely unchanged.
What level do you feel XPRT will hit?
QUICK PIPS ON NAS100!!!pretty plain and simples here guys...
1. an upward trendline got broken so is now invalid and and market is going to test my other upward trendline
2. after the breakout of the trendline price broke through a level of support and is now currently retesting it which is when we can enter trades
3. TP is set at the H1 upward trendline
yen basket sell• this pair has formed a channel on the daily and weekly timeframes
• and for the past trading days it has formed an upward correction on the DAILY and H4, after a huge bearish impulse
• a third touch on the corrective pattern happened yesterday so market was bearish today and i'm looking to see it carry on it's bearish trend until the support of the channel
• an inner trendline formed on the H1 and H4, it has been broken together with a support level which makes it able to SHORT the YEN BASKET (H1 closed below support) if we had missed the initial breakout
XPRT (Persistence) Deserves Some AttentionPersistence (XPRT) is under heavy accumulation for an extended amount of time. It is now being listed on Huobi which may now enable some more liquidity and attraction to the project. Price action is tradind right below the S/R zone; so if it breaks and retests that zone, we might possible see much more upside.
XPRT (Persistence) Idea UpdateXPRT (Persistence) is moving inside a symmetrical triangle on a daily chart. If Bitcoin cooperates these zones might create buying opportunities for those interested.
XPRT (Persistence) - Significance of BTC StrengthLooking at the continued correction in XPRT against the demonstrable strength in BTC and feel we have seen the bottom of this Wave 4 yesterday with the completion of a 3-3-5 Elliott Wave correction. Given the nature of XRP to lag BTC moves, can we expect the tide has turned for XPRT and that it will shortly rally strongly to reclaim its September highs?
Persistence (XPRT) - A first look with structureA rising channel in the logarithmic scale, with Fibonacci projection of the correction suggestion a target range.
What are your predictions for XPRT?