AndyTheKing

AndyTheKing Updated 

Ambrosus has been slowly bleeding down after the massive 250% it did in early October. After three months, it's now in an area where I'm interested in taking a position. If we break down from here, this coin may tank into oblivion. Good risk/reward. My reasoning: Location: Trading between the 0.786 and 0.886 fibs Structure: Inverse head and shoulders...

AndyTheKing Updated 

Great area for buying. My reasoning: Location: Reload zone within a reload zone. Structure: Double bottom (previous week's open acting as support) Divergence: Healthy OBV, Willy coming out of stupid, histogram divergence has been confirmed on the 12HR. I will target the Kill zone (red box) of the recent range. If price reaches the top of the box, it...

AndyTheKing Updated 

Despite the long, drawn out bleed of many altcoins on Binance - Quantstamp has continued to attract accumulators. This seems counter-intuitive given the declining price, however the OBV tells a different story. Ever since the week starting 26th March 2018, there have been buyers stepping in to (happily?) take ownership of the bags of disgruntled sellers. We can...

AndyTheKing Updated 

It's no secret that Wanchain was hit hard during the 2018 bear market. Aside from periods of relief (March - April, May - June, July), it has continued to slide lower and lower into oblivion. According to Coinmarketcap, Wanchain is down -94.3% from its dizzying highs in May 2018. They say "buy when there's blood in the streets" which sounds great until you're...

AndyTheKing

I see a low risk, high reward trade setting up here for ENJBTC. Reasons for the trade: Full retrace completed. Support/accumulation zone established. Divergences in histogram, Willy and OBV. Double bottom market structure formed on daily. Huge VPVR void that needs filling. Once the POC @ ~917 is cleared, price will move quickly. BTC dominance...

AndyTheKing

Three day BITTREX:ETHUSD chart shows a double retracement to 0.618 levels and RSI levels (June and August '17). Buy zone ~$370-$380 with potential to touch $350. Third time "lucky"?