Enter/Exit Short/Long positions marked.
• LTCUSDT primary targets $53 , secondary target $59 , likely to go to $59. Triangle breaking out should yield around $59 level; afterwards ABC correction.
• STRUSDT is re-gaining some traction as it bounced off of the 0.236 retracement and the orange support line ($0.0248) . Looks like it’s retesting the yellow resistance line ($0.0292) of the channel, and if broken it could continue onward to test the green support line and the 0.382 retracement level ($0.0346) ; as it did on wave B to C of the...
Another well deserved ETH short. Wait for break of green support to enter short position.
If breaks through 15.4 expect retrace to 0.318 line, and then a bounce back up. However if it finds support at the 0.628 line, can expect reversal into uptrend; possibly finding resistance at previous All time high. Prime buy points would be at the 0.318 line ($13) or the 0.628 line ($16), if unsure of which; wait for trend to get close to the 0.628 support and...
• Was making a chart for a friend and saw this profit opportunity on Bitfinex:LTCUSD; Long position until 42 ; and Short position from 42 to 38 . • Long Position • Buy: $40 • Sell: $42.4 • Stop/Loss: $38.5/$40 • Short Position • Buy: $42.4 • Sell: $38 • Stop/Loss: $43.5/$42.5
• Made a new chart for BTCUSDT as I have taken up a new technique. It seems BTCUSDT is in a bit of a rut after flat-lining around $3000 on most exchanges, it failed to break past its All time high level and was then forced back down by the bears. It has also completed it's Elliot Impulse Wave , which is followed by a correction wave ; It seems to already...
• Looks like BTCUSDT is hitting the slopes again, it could find support at the Previous short-term resistance/Short-term support line ($2480USDT) but that scenario looks unlikely because the Med-term resistance/Previous short-term support line ($2025USDT) has a lot of buy volume indicating it is a solid support. My prediction is it will continue to the ...
Looks like LTCUSDT could hit a historic All time high of well over $100 by July if it continues it's current upward trend. Lots of buy volume greater than sell volume indicates it has a strong support.
• LTCUSDT has had a rocky start to the month, it was making gains but very slowly as it kept retesting the $30 mark trying to break it. It finally broke the $30 resistance on June 11th after news of Charlie Lee (twitter.com) from Coinbase.com resigning to work on LTCUSDT was announced, It seemed $30 was LTCUSDT's biggest obstacle at the time. After...
• ETHUSDT has been climbing rapidly these past couple of weeks and it seems now it is following in BTCUSDT 's footsteps as they both decline together (Along with numerous other cryptocurrencies ). After reaching the emotional price level of $400 per ETHUSDT and the all time high , the bounce was imminent for ETHUSDT. As it fell for the first portion it fell...
• It seems STRBTC has been bouncing back and forth between the Med-term resistance/Previous short-term support line (.00002104btc) , and the Long-term resistance/Med-term support line (.00001441btc) . It seems the Long-term resistance/Med-term support line is acting as a strong barrier to keep price from dropping any further and there could be room for a...
• Today has been a good milestone for POTBTC; as it shattered through Med-term resistance/Previous short-term support line (.00004610btc) , the Previous short-term resistance/Short-term support line (.00005040btc) , and after establishing resistance at the Short-term resistance line (.00006234btc) , it once again broke through the line and is continuing...
• STRATBTC started out June 2017 on a good note closing at 0.0042368btc on June 3rd, after a short period of consolidation, it was followed by a downtrend on June 6th after establishing Short-term resistance at .00426791btc . The downward trend continued and broke through the Med-term resistance/Short-term support line (.00336868btc) , blew past the ...
• Looks like the long anticipated correction for BTCUSDT is nearing as in the past couple of days it broke the ATH at the Short-term resistance line ($2960USDT) and quickly free-fell afterwards, after trying to establish a new Short-term support and a Short-term resistance line ($2528-$2700USDT) , in the end it ended up bouncing from the support,...