Dash Long Term low Risk Trade PlanSetup is pretty smooth and easy to do
Green circle shows where i can enter the trade. I'm planning 2 entries in it. ( $77 and $57) Stop Below the ATL
I may compound on the way up, if that happens
It is not suitable to risk lower than R and risking more than 5R,
I have to make an exception because while market retracing i need as much as cash i could spare.
I have too much altcoin trades/waiting orders so my rules says do not overexposure myself is a must and its not negotiable!
I can risk .75 R for 4-5 trades if i wont close/take profit with my current trades.
Since shitcoins has too much to offer i'm ok with low risk/reward.
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The Color Map of The Chart
Red = (M)onthly
Yellow = (w)eekly
White = (D)aily
Green = 4H
Blue = 1H
Rainbows = Mins
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Positivity
ATOM COSMOS will keep moving down the channel of bullishness. Lot's of hype on this project and no doubt it's with some merit but i think we'll see more of a consolidation in this channel with it finding it's bottom some time in the middle of March around 0.618 Fib retracement level. Thoughts? Obviously, we could breakout very soon and this idea would be forgotten and i will never mention it again.
XRPUSD: triangle breakout, further positivity is coming?Cryptocurrency market is breaking out from descendeing trendlines (check my previous posts regarding).. global uncertainty around coronavirus might enhance further positivity.
Triangle breakout in XRPUSD (yesterday close on daily timeframe) provides signal for joining bulls with quite wide stop around 0.215 and 0.365 t/p level.. (R:R=3.3)
If entering the market at 0.265 S/L can be placed around 0.23 price level.
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INSANE BULLISHNESSThe Revenge of the Shitcoin... I called it weeks ago... And its now happening. Enjoy your profits. My bet is on REDDCOIN.
God Speed,
Mr. Lucifer
You are probably asking: What will happen after the POOP P. ?A continuation to my previous post check it out on my profile if you didn't see it already and while you are there leave a LIKE and FOLLOW :))))))
Poopy or poopoo ...that is the question! After the poop comes either the poopy or the poo poo just follow the pee curves!
Disclaimer: With the current situation with Iran and the US of America unexpected changes in the trend can occur!
Trader be warned; do not enter unless you know your exits/stopsBINANCE:MATICBTC is clearly giving that look again; one that looks as if the bots/HFTs are accumulating even more than before. Quite frankly, its the time now and Sandeep (MATIC CEO ) has left some whales beached; sand-deep in holding bags that could not support the liquidity. Due to numerous and massive nulls/voids left in the last "pump & dump." This group is reckless, just by the way they ran up the prints. Crypto for you, millionaires that have yet to figure it out; or have a clue. I do not recommend this trade to anyone unless you are a professional trader. Retail traders are to be warned; if you do not understand what selling into liquidity means. Do not, and I repeat; do not enter this trade. Greed will overcome many with these types of "hype" coins. The fundamentals have existed for at least 2 full years and the promise to "revolutionize" the competition. Would be your effort in saving a beached crypto-baby whale; Sand-deep taking your capital in funding their wallet with the liquidity they need to fill.
Fighting the hourly emasHow long can we Long? I know I doubled post today, but this morning I had to give you guys my call and now are we done with the movement? As you know the weekend is slow and so is the volume , so I won’t post any TA updates till Sunday. After our amazing rip of attacking emas, which was one of our targets, we got rejected as usual, but bitcoin always like to go back and test it again.
I don’t trade the daily weekly cause crypto to Volatile and I only use those as reference not for trading.
So I’m remaining long cause of new support lines we created, I know how many support lines we got... let’s go over everyone that relevant as why I’m long
7201- support before pump today
7231- new one but is looking to be a support after wicking it 4 times maybe 5.
7240- that was a high as a trading zone from yesterday.
Short term trend line- created from December 4th and sits at roughly 7206 as of writing which helped us break the short term downtrend.
Again I’ll hold my long for the weekend till TA changes. Goal is 7379 after breaking the emas and 7500 is confirm we aren’t in the bear market of 14k no more.
Don't fuck with Kemet the Bearish TransCrabGood fucking morning ladies and gents!
It appears Kermit the Frog had a sex change operation to a Bearish TransCrab and is currently awaiting a medical procedure for a major retrace to the downside to fuck everyone that is fomoing right now. (More than likely of course). You are currently at the golden mean ratio where pending price reversal is at a significantly higher probability here. You are forming Class A Bearish Divergence on the Daily time frame at a critical resistance point. Too many overwhelming variables here and one of which I haven't mentioned is that you are currently overbought on the Daily RSI. I definitely feel safe taking a shot at a short on this at the current price.
Entry: Between current price and $27.93
Exit Targets: $21.92 and $20.58 for Common Targets and at A and C of the Harmonic Pattern. (Least likely but possible)
Stop: $28.88
No transcrabs or frogs were harmed in the making of this post.
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$Usdc: 0xe3b95b4575d6456D090ac24Ad4DC8D46C9c97b2C
$Bitcoin: 3Jg9ng234aJdgz3zzt3iCyeb124eAmKs5N
$Ethereum: 0xd251Cc3b78e92191B5dEC4E0D2f2acDCa5B33599
$Litecoin: MRHupJeTegPM2a8AJewC3B1oqq7Mpjr1MK
$Xrp: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
Tag: 2183371567
$Bat: 0x9b95E0Bd4556dbb0b407B32f43B923607b896F48
$ChainLink: 0x559d92B08D72Fe20B0aF063ebE59ead6612c2b00
$Dash: Xq5kCnMknHrknC2ipw1JGuRcdbDtbTSqWU
$Beam: 553e2b176e611674559f92b8fa10f5d129bd80acd14fb5f8d6e387ab4f0b281144
$XMR: 4DSQMNzzq46N1z2pZWAVdeA6JvUL9TCB2bnBiA3ZzoqEdYJnMydt5akCa3vtmapeDsbVKGPFdNkzqTcJS8M8oyK7WGj2kh3ajCzSUSAQTr
USOIL - One Potential Path - Neutral TriangleHey,
Had a look at USOIL - there are a few possible patterns that may be playing out on it (it's surprisingly ambiguous - this pattern is not what I had originally thought for it, but it is a possibility).
The pattern shown here is a Neautral Triangle for Wave-2.
We should continue up to ~$95, at which point we will reverse back down to ~25, then begin the MASSIVE ascent that will be Wave-3 (World War III...?).
Other possible patterns that I am considering are:
-Currently in a zigzag, getting very close to beginning Wave-5, which I would guess would take us to ~$20 by year end.
-Currently we are in Wave-B of Wave-B of a flat that makes up Wave-2. This would allow us to rech the ATH again, possibly break it, but would require us to complete a downwards Wave-C, which would be painfully long (2040-2050 likely before it completes).
Not sure which is most likely, but all are possible right now I believe.
Not trading advice.