I PUBLISH THE TRADES I TAKE AND KEEP THEM HERE TO KEEP BETTER JOURNAL SHORT ENTRY 9751$ STOP 9821$ TRADE SIZE 1650$ RISK: 2.37% TP1: 9445 (50% OF POSITION) TP2: 9180 (50% OF POSITION)
MOVE FROM 10045 TO 8110 WAS VERY SUDDEN. THE 0.618 RETRACEMENT OF THE MOVE CORRESPONDS TO 9300 BUT I THINK THE RETRACEMENT WILL BE A BIT MORE THAN 9300 SINCE THERE IS RESISTANCE AROUND 9360 THE REST OF THE MOVE WILL BE BEARISH ASSUMING BITCOIN GAINED VALUE FOR THE LAST WEEKS WITHOUT PROPER RETRACEMENT ENTRY: 9360 STOP: 9660 TP1: 8778 TP2: 8130 ASSUMING 500...
LEVEL AROUND 7840 HAS'NT BEEN TESTED ON OUR WAY UP FROM 6500 TO 10045 THE LEVEL HAS CONFLUENCE WITH 0.618 FIB (MOVE FROM 6500 TO 10045) STOP LOSS: 7580 TP1: 8110 TP2: 8778 RISK 5% ASSUMING BALANCE OF 500$; TRADE SIZE OF THIS TRADE IS 1032$
Guys, I think LTC found support at 0.616 fib from 2nd wave. Also, there is a falling wedge. I am bullish with 1.618 fib target. Please wait until the resistance is broken with good volume. First target - All time high - 350 dollars Second target - 490 dollars
I believe that BITCOIN has still some strength to go up. For couple of months, BITCOIN has been moving between LOG SCALE Resistance and LOG SCALE Supports shown by red lines. Buyers are not really tired at the moment and I believe BITCOIN will move upto 6430-6450 levels and then start going down once it touches the LOG SCALE Resistance shown by red line.
Golem is in Symmetrical Triangle. If it breaks the resistance, I will be BUYING. My Target will be 0.618 FIB level, which is shown in the graph.
I think the downtrend in SC finished as soon as SC touched the main support line. Now it created a new uptrend channel and I am buying. My short term target is 0.618 FIB level, which is 0.00000702.
I will be buying ETC for short term trade if it breaks 2 resistance lines shown in the graph.