New idea- its been a while! I have been Margin Trading on Poloniex. The non-trending (sideways) market makes it hard to find time to publish trades- as my goals are based on a very short time frame. Swing Trade- a day to a week Hold LONG - overall Uptrend - correction phase trend line broken- (downtrend line broken) - falling wedge- BULLish pattern - Elliot...
LONG- -Overall Uptrend -Bounce with follow through -ascending triangle- BULLish -BULLish Stoch -BULLish RSI -BULLish MACD -huge wick on Bottomed out candle- shows BULLish Buying. Even thou the volume indication is red, it really has a large amount of volume due to BULL buying. BULLs showing up. Cons - you could argue the pattern is currently forming is a...
SHORT- (short term only, still LONG term BULLish on BTC) -Looks like top has formed -BEARish Stoch -BEARish RSI -BEARish MACD -MACD Bear cross -every time price action hits the downtrend line on 1 hour time frame, looks like organized sell off. Walking the price down. LONG term I think BTC will be worth >$500K in our lifetime. LONG TERM BTC is currently in a...
LONG - uptrend -Left the accumulation phase and starting the markup phase - BULLish pennant Waiting for reversal candle AND confirmation - to BUY More quantity added on breakout Indicators- showing not done with correction phase- be on alert thou reversal candle hopefully soon
LONG with Caution -Uptrend- Higher highs and higher lows since early November- starting to enter the "mark-up phase" - Broke Triangle and retest- impulse, reaction, continuation - BULLish Stochastic -BULLish RSI -BULLish MACD -Great Risk:Reward Cons - Long profit taking taking wicks on breakout
Late Publish- for tracking tracking purposes only LONG -Uptrend -early mover - has shown excellent gains over last month -still going up even while BTC is on BULL run and other coins suffering -Ascending Triangle -BULL volume Bought on Reversal candle stick confirmation $0.195 Bought more on breakout of pattern and $0.20 Psychological Barrier= $0.205 Bought...
LONG- -uptrend -Running Triangle- (second peak about same height as ATH) -Elliot Wave Triangle Correction Complete ABCDE -reversal candle with confirmation on point E -BULLish Stochastic -BULLish RSI -BULLish MACD -new trend recently established- was in downtrend then sideways trend (non trending). Now is clearly in an UPTREND. Price Cycle Theory and/or Elliot...
LONG with caution -STILL overall uptrend- longest and craziest BULL uptrend of almost any asset of all time- what is in motion tends to stay in motion - broke downtrend line, with retest -double bottom - BULLish Stochastic -BULLish RSI -BULLish MACD Notice lack of BULL volume on breakout- proceed with caution. Volume lag on chart is acceptable but should show...
LONG -buy the breakout -past $400 psychological barrier
LONG- -Cup and handle - break cup and handle right at trend line - BULLish RSI -BULLish MACD
Today my plan was to buy a top tier laggard coin. BTC had its time to shine, then LTC and ETH. XRP went off yesterday. Lets keep moving down the list of top 100 coins. Luckily, as soon as I sat down I saw NEO breakout! This coin has potential and has been consolidating for a while. If I does breakout expect a fairly large move. LONG- -BUY breakout -Broke down...
LONG - Solid uptrend - BULLish RSI - BULLish MACD - BREAKout and retest of $1500 psychological level - Volume behind initial move- shows emotion behind this coin and profit taking. Notice MACD Histogram decreasing. I think the price will consolidate for a short period of time. I am calling breakout this evening about 6 pm. Positive news behind this coin, new...
LONG - solid uptrend - symmetrical triangle- BULLish continuation pattern - price action- pausing to take a breath -BULLish decreasing volume during consolidation -BULLish RSI -BULLish MACD CONs - close to ATH -market has overall fear of some whale going SHORT- might turn into a self-fulfilling prophesy -If fails at ATH makes a DOUBLE TOP- signals distribution...
LONG- -BUY breakout -BULLish Volume -BULLish RSI -BULLish MACD -BULLish DMI The last few weeks this product has done well. Don't look for the coins that are a "discount". Buy the coins that have a record of performing, and performing when others are underperforming. Risk: Reward on the BTC chart this product could go LONG
LONG - buy breakout- - "UBS to Launch Live Ethereum Platform with Barclays, Credit Suisse and More" - BULLish RSI -BULLish MACD -BULLish consolidation volume Hard to go wrong ETH LONG- currently acting like Laggard between BTC and LTC. Hopefully catch up soon. TP1 $500
LONG- only if BTC holds steady - Consolidation inside a Trading range - Large Inside bars (smaller inside bars- better/stronger signal) -symmetrical triangle - BULLish RSI -DMI turning up -decreasing BULL volume on consolidation Strategy- 1. if BTC holds up, start buying quantity inside trading range as I don't mind extra risk on entries 2. add qty on...
LONG -Solid month long uptrend -BULL Pennant- one most reliable patterns -BULLish RSI -BULLISh MACD "Flags (pennants) fly at half mast"- expect continuation approx same distance of breakout