Skycoin has been delivering the goods to myself and our members for weeks now as it seems to be stuck in this descent ranged channel. Not a whole heap of TA to base our trades off apart from obviously a level of support and resistance that sky is struggling the bust. Its quite simple really we just ladder buys with in the demand range and ladder our sells in the...
Some interesting daily candles over the last week has had me changing my trading strategy a number of times now. At first i was expecting a descent retrace from that 4200-4400 area that would potentially kickstart a new down trend, but what we saw was a very harsh sell off which through what i was seeing out the window to some degree. Over the next few daily...
Dash has had a good steady increase in volume on the daily and after the last push its had a nice healthy retrace forming a descending wedge and respecting the fib levels with a nice bounce off the 50% and now holding onto the 38% have entered here between the 38 and 50 but have laddered buys down to the 618 incase we get a lucky dip or this wedge takes a little...
the markets printed us a nice big bullish engulfing on the daily almost hitting our final target for this 3 wave push of 4200. still not over yet so we may get there over the next day or so, how ever our algo is spitting out some take profits now. depending where you draw your fibs from the 38 could be a solid rejection around 4400 which lines up with a strong...
We where keeping an eye on ICX over the last week with some healthy trades in this range which started to tighten up last night. A small entry off the bottom of this range and we have now broken out of the pannent. We are finding resistance here at the top of the range which was expected but hoping to see price hold about the down trend line. if so we will stay in...
QTUM has been building a nice bottom over the last month or so with a great looking inverse head and shoulders, and since its previous down trend there isnt a whole heap of structure in its way for a return to descent price. looking to start adding to a long term position here at the bottom of the right shoulder and keep an eye on this over coming weeks. first to...
Im going to do 2 charts on LTC here and there works for the H19 chart as well, this one is based on the current supply level not breaking, the next chart will be based on the supply being broken Ltc has had a really good run with plenty of trading opportunities, its gearing up again on the smaller time frames for a push back to this top which is previous supply...
EOS with a solid rejection off the current supply zone created from December drop. Zooming in on smaller time frames we had a double top with slight divergence and the following rally failed to make a higher high. Daily candles printed another bearish body confirming the rejection from supply. I can see over the following weeks a retrace the the 50% of the current...