Hello This is mostly a positional trade. The entry point is looking juicy and allows for a short-stop-loss and therefore less downside potential. We can see that the DMI rejected the bearish crossing. The MACD is pointing upwards and the RSI is still in a bullish-zone. We have seen 3 days of consolidation within a tight channel. The first major resistance with...
Hello, NANO is still in a decent entry zone. And is likely to test the resistance and look for upside movement. For entry, you can look for orders between support @77k sats and 84K sats. Stops below 77k will leave for more room and decision on the direction it will take. We are still in the demand zone on a longer timeframe, Goodluck
Hello, RDN is a project to keep your eye on. Atm moment they are in an undervalued area compared to competitors. Their tech is solid and worth reading up on. Now form a trading perspective the haven't regained any thru momentum. And percentage wise recovered less strong than most others. We can see on the chart that we are in a neutral zone between 20K and 26K...
Hello. BTC has had a decent rally the last week. A much needed healthy correction is needed. The million dollar question is what comes after. For me, both scenario's are still open atm. Thier are arguments to make for both sides of the market atm. And it all depends on how deep this correction will go. And if we just do an ABC up or the first leg of a bigger EW...
Status Network. Not much to say..., possibly a short-term trade opening up. Entry @ 1585 > 1600 sats level. My stop is super short @ 1575
Hello! LISK is looking in doubt. We have the option to form a bearish pennant and retrace deeper. It has been fighting its recent downtrend for a while now. And so far lacks the power to break thru. The resistance is heavy coinciding with both the 50 and 200 EMA. That's pretty much the bearish scenario. The bullish scenario is that we start/ are forming a new...
Qtum has been testing the down resistance over the last weeks. Currently, the resistance is formed by the down and 200MA on daily. It's worth paying attention here. For an entry on break-out and touch of resistance- support by then:). Or wait for a pullback to the edge of the circle @ 21k sats level. I'll keep updating along the way.
VE-Chain... like most other alts is recovering nicely. My intention with this post is to show an Alt that is close breaking a more key level resistance and gain more than the average Alt-coin is atm. From a technical perspective, we can see that it had a 5-wave correction followed by a break-out of a falling wedge. It's trying to establish a new trend. All...
DGD could see a break to the upside soonish. Its close to it downtrend resistance. Playing with the MA. While the MACD, DMI, and RSI are in a decent enough spot. The stop could be placed tighter below your entry point of choice. That stop-level of 26k sats hasn't been touched since 22-Feb this year. So it allows for more room and longer hold if you wish so. Entry...
ZRX could keep up its recent rally. We saw some corrections in Altcoin the last day. Depending on what Altcoin will do in correlation to BTC remains to be seen. Nevertheless, there are positive signals enough to look for a position. All the boxes on the chart are possible entry points. With the obvious one at the bottom of the channel highlighted. This is...
ADA is like many other ATL-coins at an interesting intersection. We have some room to go up a little more... with entry point @ 3200 or on break-out at 3400 level. Otherwise, ill use this chart to short ADA on Mr.Bitmex adn indicated targets as profit levels. Enough info to get good entry's and stop positions. Its definitely are more risky trade position.
Walton is at an interesting point to me. It's testing resistance levels and the 50MA. We can see that it broke its channel and is trying to find gains upwards. We will have to monitor to see if it has strength enough to push thru the barriers and look towards at least a 38.2 fib retrace of the previous ATH. The levels to look for are coinciding with the ICHI...
In my previous chart, I indicated two targets for the bear scenario on BTC both where reached almost exactly for reference ( ). Which can indicate that the point used for analyzing the market was decent enough for future reference? Since then we had some textbook scenarios. Most where FIB extension levels that were reached and caused minor reversals down. In the...
Small Recap: Ardor - Entry point: 1 @ 2580-3000 2 @3000-3250 - Profit levels: shortterm @ 3730-4100-4700-5100-5700 mid-term @ 6000- 8350-11800 - Stop: @ 2500 - Rebuy: @ anything below that - Time: Summary: Ardor is entering an interesting zone to look for a position. It had a steep increase in December and January followed by the familiar crypto retrace to...
Small Recap: SNM - Entry point: @ 1500 area - Profit levels: @2170-2580-3240 Stop: @ 1460 - Rebuy: 1000 sats and below area - Time: - Exchange: Many Summary Index: SNM is at the end of 78.2 retrace. It is a historical support level. Only historical is relative to crypto. We can, however, expect a reversal here and enter with a shortstop and good risk: reward...
BTC, did not as expected by many. Had the power to push thru the $11,700 resistance level. We are in a correction period now. Which combined with the lower volume and break of the recent uptrend/ Bullish movements tells us we could see a 78.2 retrace @ $9950 area. That would be a lovely zone to hold..., Its a intersect point of minor trendlines, Downchannel bounce...
Small Recap: Ripple - Entry point: @ 8400> 8950 or 6000 level - Profit levels: @7650-8600- 9300- 9850- 10640-11860- 12710-13800 - Stop: @ 8350 or 5950 - Rebuy: - Time: 3-14 days - Exchange:
Small Recap: Bitshares - Entry point: @ 2000-2200 - Profit levels: @ 2900-3450-3900-4370-5000-5839-6885 - Stop: @ 2000 - Rebuy: - Time: Summary: Bitshares is in a bullish Gartley pattern. Other indicators tell l us we are in a possible reversal zone and we did have a healthy retrace 78.2 of new All time high or a solid point D. Which is often the completion...