Here is the general path I see TRON taking leading up to the May 31st Mainnet Launch. In addition, for those that don't know, you should go to TRON's website in order to decide the best way to get your tokens transferred on June 23-24th from ERC20 ETH tokens to the new TRON tokens (own blockchain). There will obviously be a pretty descent selloff (probably down...
MTL has briefly broken its descending wedge and will hopefully catch a ride on that ascending support line. As you can see, there is very little horizontal back resistance so it really has a chance to go up 50% to that top resistance. I also wanted to note, and I think many people already know this, but setting very low buy orders on any coin when you have extra...
This is, well, an unconventional way of trading, but perhaps the safest and can be very profitable. The ultimate goal is to get a 50% spread if you are trading buy and sell spikes. The safest is to simply set "buy spike" orders and then sell with the trend forgetting about the sell spikes because often times you will get that 50% regardless (if the trend is...
IOTA is off and running. Enter .0026547-.002724. IOTA has a lot of room to grow here especially once it passes the next horizontal resistance. I will do a chart on that later, but again here is where to get in. Large buy orders on binance currently start at .00269.
REQ is looking a lot like INS right now with the 50ma and 200ma touching (have not crossed yet, and either has INS). Perhaps, they will both keep moving sideways out of these descending triangles and then break up avoiding a cross completely. Personally, I would prefer to see a cross, brief consolidation, and then have some awesome entry points for nice gains. ...
Chat is looking to breakout of descending triangle (handle) in next few days. Currently have a bear flag with an almost overbought stoch rsi so looking for further descent before this can happen.
Chart is pretty explanatory, but ARN, hopefully, in several days will be ready to go. It would be very nice to hit that huge bottom support with an oversold stoch RSI, but we will see what happens. I got my eye on that and CHAT. And you can see our resistence points on here as well.
The 50ma and the 200ma are touching in deathcross fashion at the moment. I had higher hopes INS would move up sooner, but this makes me think we are going down before up on this one. Traditional RSI patterns also support this. However, we are at good support right now and putting a squeeze on resistance so we could avoid this cross (have to watch for it). If...
I love this coin. My other charts show how SUB is also in an upwards channel hanging on to the outside bottom, but has resisted that outside every time, slowly pushing it upwards for awhile now.
Aion bull flag with stochastic below 20%. Next push up has a good chance of breaking resistence.
I think viacoin is only going up from here. It literally has the lowest volume on Binance right now, but last year in June/July it mooned, so this is a relatively mid/long term hold, but might be worth it. I also consider it a good coin and I believe they just updated their roadmap today.
INS is a new coin/token I will be following from now on because we have a new air drop phase starting tomorrow that everyone can participate in. Although, I will be holding this token longer term this chart indicates that in the short term we should be going upwards. Our MACD just crossed and we just bounced off our lower bollinger band. In addition, our 50ma...
ICX is on a downslope and is currently riding our lower bollinger band. RSI should be below 30% if it can reach our next support level and 12hr Stochastic RSI is currently at zero with our daily Stochastic around 20%. I set a long position (25% with a 3.76 ratio). The reason for the short stop loss is in case this boll band slope turns into a black diamond...
I just wanted to do an updated chart from my previous chart to re-evaluate where we are at. We completed our E leg and now I think we are completing our A point right now (even if it drops a little more). My last chart had the same entry points as on this one and I think last night we dipped into this zone momentarily. I am doing a short term chart here because...
Yeah I know I have a mess going on here, but it does make sense. The white triangle is our squeeze point on the upper resistence from our ascending support line. However, you can see the red lines just above the white triangle that represents pretty heavy resistence. Our fib retracement supports our current support line though and if you can see it, the 50ma...
This is definitely out of my norm, but I think this is an important concept in crypto. I am not dismissing TA here, but I have seen every price prediction from zero to the moon and everything in between at this point on ETH. I have seen people muster up every indicator, every pattern they can find, every psychological line, every elliot wave theory, every social...
This is a double overlapping of when the 50ma and the 200ma crossed at almost the same exact point we are at now back in 2014 and you can see where it went from there. Not saying this will happen, but if our support can't hold where we are at right now then it is probably not avoidable.
BTC and ETH are both at critical points on ascending support lines and BTC really needs to avoid the 50ma from crossing over the 200ma. I would say we are at a critical point right now. Any thoughts?