If your hands itching to short LTC, at least wait for a break in market structure, LTC has YET to break its uptrend since the start of it. With that said, current parabolic curve will produce a substantial correction if (when) broken. Keep an eye on it
dont forget to use Jun28 contracts if you use bitmex
Imagine winning Tesla and optionally making some money longing TRX, sounds too good to be true? lets see
For those who trade on Bitfinex, IOTUSD looks not bad with a possible pop up to ~$0.40, take a look. Buying around $0.27 - $0.26 with a stop below $0.24 (aggressive) or $0.22 (more conservative), keep your risk small, guys.
Looks nicely because of rounding bottom action. Low risk buy play. 2 ways to play this 1) Buying bottom of the range (spread 71-74 buy orders), stop below the lows (below 65) 2) Buying on confirmation after price break and close above the resistance (88 sat) Note: price might not retest the breakout and just go straight to target, so there is this risk Target is...
I like how VEN looks here, buying around 100 sat (104-101) with a stop below 100 sat and targeting 150-158 sat is a play here. Another option (with confirmation) is/if VET breaks 120 sat and reclaims it as support (then buying 120 sat with a stop below that S/R and targeting same 150-158 sat)
$DJI Big companies already done reporting earnings (which is 1 of the reasons for this rally), the closest noticeable big company - CISCO $CSCO reports Feb 13, apart from that no big dogs in sight for DOW Currently watching rising wedge with targets: ~25k; ~24750; ~24650
$SPX RRRwise favors shorts here. Both set-ups presented here and what triggers I'm looking personally to play it. Orange is 200DMA The rest is on the chart
Very crucial point for Dow Jones here Possible LPSY in the making
Possible Wyckoff distribution top forming on ETP. Bit premature, so this UTAD needs to be finished and first LPSY to form (+SOW), confirmation - break down of the TR Watching this
Keep an eye on LTC here, it is in bull pennant/flag formation, you can long it whenever inside the formation and stop just below it (marked red), this kind of tight stop will allow you to use less than 1% risk while having regular position size. That is a bit risky, so mind it. If it breaks down - we can long it even lower at better entry (see purple lines) Me...
with XRP, BCH, LTC pumped, there are few alts on mex that havent pumped yet, TRX is a nice candidate for that
good R here, will add on purple lines above, risk 2%
#BTC Good chance we might go to 7450 - 7550
risky play, but worth the shot, price hanging on the monthly pivot, selling pressure on obvosc diminishing, rsi oversold. Playable bounce imo off this daily block into breaker above p.s. this is bittrex chart, adjust the difference between bittrex and bitmex premium and just add it, levels the same
Have bids (see purple lines), SL under weekly pivot. Targeting 6700ish risky play, dont repeat at home