FiboWhale

FiboWhale

! Not a financial advice - This is my trading diary ! It helps me think about my ideas. Do your own plan and you will be successful in the long run. Finally my computer is working again. Ethereum keeps being bullish and it finds itself at price discovery. I am still long on ETH and would accumulate more if price drops to retest previous all time high. - Nice...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Bitcoin is lately punishing leveraged traders on both sides. Yesterdays price actions show a big absorption (until mid 56K) and a close below the previous local high. A local market structure that will bring price towards mid-low 40 K might...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Nasdaq still in an epic bull market. I have some targets where I would watch for a potential reversals.But sincerely it's too early to go bearish on this... a Pullback to local fibs and SR levels would scare, stop and offer a good long...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. - Litecoin might be preparing for a significant growth against BTC. - After making a local low, it broke an important resistance trendline and put a daily golden cross on 10th April. - Although I already accumulated some LTC I must admit...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Ethereum is still gaining strength against Bitcoin, it overextended my initial targets and I still see it moving up much more. is it too late to enter? No I am still laddering at each consolidation / SR flip. #eth #ethereum #ethbtc #trading...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Interesting price action at the moment. Bitcoin is shaking lots of later traders out of the market, from both longs and shorts, now it is time for shorts to be stopped / liquidated. This impulse that we are seeing now is apparently bullish...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Bitcoin has broken important trendlines and it is now testing lower supports. When everybody starts to panic sell, opportunities to buy the dip and go long appear. 44-47k is a strong area of confluences: .382 SpeedFan + 618 fib + yearly...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Bears are trying hard but it seems that price is always returning to the channel. Altough it is a possibility that price drops to 45-48k, every day it passes, bullish sentiment returns into crypto. I believe BTC is yet to test the top of this...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. I don't believe Bitcoin turned ultra bearish because it is closing (and opening) days below the 50 MA. Although I recognize that this is not the best environment for swing longs ( Better wait for a re-test of 45-48 K or breaking out the...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Iif this monthly candle closes above 435, then we have a macro trend reversal. I am still Hodling and will adding more ETH on the next pullback at around 3551. I moved my targets higher: 56865 / 7035 / 8194 #eth #ethereum #altcoin #trading

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. I just found this EW count on LUNA. I am waiting another leg up to reach my target at (5) #tradingidea #lunabtc #luna #altcoin

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. This is not a rule but it is something I am willing to share: DXY and BTC.D seem to be preparing a short-term bounce. This might be dangerous if you are overexposed. The way U.S markets open today might give a bit more idea what will happen...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. ETHBTC is accumulating and I believe it will keep on moving up to form a double top around 45. This might pump alts further. If it breaks down the local channel, the previous channel might act as support, then only God knows what happens...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Everything else written in the last review should still be valid, except for the channel. Trading the range until it breaks. Longs at the bottom, shorts at the top. ps: I still hold a long, if things get ugly I might close at breakeven....

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Ethereum suffered the same fate as BTC. While all the attention is being drawn towards Dogecoin and the Hashrate drop, the King altcoin got a dump - Optimistically you can say that it backtested the broken ascending triangle in a "healthy"...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Bitcoin is in trouble. The cascade liquidations on the weekend seems to have affected the mid-term outlook and the hash-rate/china fud stuff scared people, who are better at gambling with Doge. To add one more confluence to what we bounced...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. What a dump! I was expecting a pullback but not of that magnitude! Now Supports are flipping to resistance. Is it the end of the bull market? I don't think so. Remember it is Sunday and this movement was a result of overleveraged longs being...

FiboWhale

! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. Ethereum got a good momentum after the breakout of the last all-time-high. I expect a pullback to re-enter long with a better risk/reward ratio. My Dip area is around 2160 - 2049 / My final target on this swingtrade is around 2950-3050 (for...