Golb

Golb

As I mentioned in a previous post, when price moves it will be swift. My $620 initial target has been met an I took off 50% of the position. As ugly as this sell off may be, it’s still a very good chance to buy back ETH at lower prices. The sell off is coming at the very beginning of the week and will scare a lot of people off. For me this is just an...

Golb

Price came very close to my $0.52 target. I have no risk in this trade so I can let it play itself out and watch it create MS for me to work off in the near future. Still the same idea, ride the dip then buy it back lower if the chance presents itself Let’s see how this week plays its

Golb

Price moved lower from my entry more confirmation of a slight dip. I have moved my stops to just above yesterday’s high. I believe if price makes its way back up to the zone I shorted from then I can find a better entry on a sweep of the highs. The more price is developing, the more I see the dip happening. I have minimized my losses as much as possible Let’s...

Golb

Price once again tested $0.60 and rejected, this is just more confirmation of the relevance of this level. Having said that, I don’t think it would survive another test and I’m moving my stops just below $0.60 to minimize the risk in the trade. I maintain the same targets and will slowly scale off as they are met. I also have a short running on ETHUSD which...

Golb

ETHUSD has been moving sideways for the past few days, I still believe we see a dip before another impulse higher. On the lower timeframe MS has been violated and I’m now short. I have a small stop on this position expecting the sweep of the stops below $580

Golb

$0.60 seems to be holding nicely, after the deviation to take to the stops above price is moving lower. I’m keeping an eye on the weekly candle is this move lower could turn ugly very quickly. If price returns to $0.60 I will watching for an opportunity to long towards the $0.92 area. These could both happen very quickly with XRP being as volatile as it is....

Golb

Price came back and tested $0.60 i just entered short with a stop at $0.63 targets $0.48 Let’s see how it plays out

Golb

This weeks candle hat taken out both the high and the low of the previous week. That is usually one of my early warning signals for a potential reversal. A move from here to $0.30 would be a healthy correction and could happen very quickly. It would fill the inefficiencies and take out the stops of anyone who has been trailing their stops. Overall I’m bullish...

Golb

Price moved to $0.60 without pulling back. A slight deviation above to create a high. As I mentioned previously I was looking to short $0.60 but I was away from the charts and missed it. The rejection above $0.60 was quite ugly, I have two areas in mind for the long. I will be keeping an eye on the $0.52 area if that breaks the 0.48 would be my next entry. If...

Golb

Price blew right passed $620 making a new high. I’ll be watching $620 for the bounce, i have limit orders at $580-$590 with stops just below $560. My target for the upside is $820, if the opportunity presents itself I will be short below $620 looking for a hedge off the $590 bounce. I’m playing PA as I see it.

Golb

took a loss on the initial long but made it back with the limit orders had at 0.45 as mentioned in my previous post. I’m not the biggest fan of this rally but the reaction off the 0.45 area is very telling. Lows were swept and stops taken. I would prefer to see price come back down towards 0.48 or a bit lower before considering another long, but I believe the...

Golb

Price went to my 620 target. Closed out the remaining 50% There could be a potential short somewhere around these levels, I will keep monitoring as price has slowed down on the LTF. There is no reason for price not to pump straight to 700 then 820 as mentioned in my previous post. I’m not willing to marry either side of this trade therefore I will be looking to...

Golb

Market structure is still holding, lows not yet taken out so bullish market structure is still intact. XRP can be moody so I’m going to be patient. I’m looking for a short somewhere in the 0.60 region. There is a chance to hedge here in case price decides to take out the stops above the previously printed highs before my the dump. I still think there’s a chance...

Golb

Back in may I gave a detailed breakdown of my idea of what I expected from XRP. Price moved exactly the way I pictured it in one of my scenarios, we even took out the highs at 0.45 and closed above on a monthly basis. Trying to short XRP from here would be quite foolish, I would rather watch 0.45 for an opportunity to ride higher. I honestly believe $1 is a...

Golb

ETHBTC broke higher, next week could be a very interesting week for ETHUSD. 605-620 is a very important area for me as the bullish MS was not violated on the last leg down. If price can breach 620 there’s little standing in the way of 700 then 820. I’m neutral for the most part but my analysis is point towards 820 soon. There might be some wick fishing above...

Golb

When the market is in in bull mode it moves very fast. I’ve been looking for signs of a correction for the past few weeks. I’ve been stopped out 4 times trying to short the top. The market is being capped by 620, very good chance we dump har from here but I would like to see the stops above 620 to be taken out first before an ugly dump to squeeze out the longs.

Golb

This is what I will be looking for, try wait to the higher low and look for the swing higher.

Golb

Haven't had the best time trying to short BTC but here goes nothing