CryptoTraderXL

CryptoTraderXL

BTC is king and will remain the king of crypto currencies until proven otherwise. Alts will have some room to develop a higher high and a high low while BTC dominance is dropping. Normally the major caps (BCH ETH LTC) will first benefit from this and then the high caps.

CryptoTraderXL

BTC is king and will remain the king of crypto currencies. Alts will have some room to develop a higher high while BTC dominance is dropping. Normally the major caps (BCH ETH LTC) will first benefit from this and then the high caps.

CryptoTraderXL

Bullish divergence on daily, 4 h, 2h + horizontal support. Low risk trade, SL below support. Don't put your SL too tight! We might see a stophunt to liquidate long positions. Don't risk 1% - 3% per trade! Money management is everything!

CryptoTraderXL Updated 

Yes BTC is now in a phase where it must make a decision. Up or down, or maybe sideways???? We have been consolidating 90 days since YTD ATH. IMO there is still a lot of liquidity down there. 147 EMA( Equals 21 EMA on the weekly) corresponds now with 9300. It is very likely that we will test that zone. And if it can't hold I am pretty sure that we will touch or...

CryptoTraderXL

Will we break out or break DOWN? Sell pressure is real, it perfectly aligns with the diagonal resistance line. Therefore I think there is a lot of (hidden) SL orders out there. This could be the fuel to explode once BTC breaks out the resistance line with some good volume. Can you imagine all the SL's gets triggers from traders that went short? Would love to see...

CryptoTraderXL

This year high is in line with the closing of last year ATH. This could be an indication that we had our YTD ATH and that it won't go higher than that.

CryptoTraderXL

100 MA acts here again as a strong support line. Long position here with SL just below the 100 MA and the trend line.

CryptoTraderXL

Chart speaks for its self. Lets see if BTT can hold this level. I tend to believe that BTT is now in an accumulation zone. Tight SL just in case the trade goes against us. We rather prefer to minimize our risk and losses. On the 4h chart we can see a SUPER tight BB. Let's catch the starts together! Yes? Follow and like if you want to see more trade ideas.

CryptoTraderXL

This green box was before a strong resistance zone. Then it became a support zone, it has been tested twice. If it touches this support and holds then I will long REN.

CryptoTraderXL

We have CME gaps that needs to be filled. BTC cant break the local resistance level. And lets be honest there is so much liquidity below 9K. I would short BTC. from 10400 would be a good entry. Stop loss arond 11k.

CryptoTraderXL Updated 

Will we see here another bounce to the north? Or a price discovery? Who knows? The weekly has formed a candle (weekly not closed yet) LTC has already bounced 2 times from this demand/support zone. Will it bounce again?

CryptoTraderXL

Ok let's be honest sometimes fibs are very scary. Yesterday a perfect bounce on the .786 fib level. IMO here we have some solid horizontal support. If this hold then I am bias enough to long REN. I

CryptoTraderXL Updated 

I have here enough reasons to long REN. Target is 1100 sat. I will go out of the trade if there is a close below the EMA. In this current market it is smart to move SL to Entry or nearby entry once the asset is going up. Like and follow if you want to see more setups.

CryptoTraderXL

For the second time in a short period the 100 Daily MA acted as support. If we don't bounce from here then I will long BTC once it hits the purple line...There must a lot of liquidity over there. There is still a CME gap in the 8500 - 8800 (or even lower if I am not mistaken) region, could be possible if we wick down to that region. This is not a trading idea,...

CryptoTraderXL

In the chart you can find all the details. Happy trading.

CryptoTraderXL Updated 

This is my setup. ADA has touched the .786 fib level. Perhaps we will close today with a hammer. Even if it is not a hammer then still I will long it as long if it doesnt close below the .786 fib level. For the sake of confluence it would be damn nice! Price has touched the lower band of the BB. Bullish divergence on the daily. Stop loss just below the local low,...

CryptoTraderXL

IMO 100 daily EMA acts here as a support zone. There is some nice fib confluence. I will wait for the daily close. Open a long trade with SL below yesterdays wick. like and follow for more setups and trading ideas.

CryptoTraderXL Updated 

I will jeep it short & Simple. Red line is SL. Local high is my target.