We just had ethereum classic break out of the falling wedge pattern and blow through the 61.8% fib level. Now we are seeing the price fall back to this level. If this level holds support we should expect further movement upward. With price blowing through the 78.6% fib before falling back to that level as support after taking our first profits. Ill post back when...
Just wanted to publish a little observation i just stumbled across. looking at a 1D log BTC chart and drawing a date range from each of the only times the price entered oversold territory on the daily chart. from one oversold point to the other is almost exactly the same. there is one period that is overextended compared to the others but the other four are very...
Just retested current uptrend forming beginning to form pennant. playing the breakout of this formation. remember if your trading the breakout of this to set tight stop/loss orders Buy orders can be placed at .0016 take some profits around at first target of 0.0021 overall im extremely bullish on this coin long term as well ethereum base fin tech i believe will...
Hello all this isnt necessarily a trade recommendation based on any technicals but just food for thought before you throw large amounts of your profits at this. But do you see any similarities on this chart? before you start trading on a 1h chart take a step back and look at the bigger picture. Again not saying this is going to collapse again ripple seems to have...
This is an idea for Digibyte. i have been watching digibyte and the price has stayed in this parallel uptrend channel for the better part of a month. The price has just bounced off the bottom of this channel and the SMA50. so now we should expect to see further movement upward. RSI also confirms upward movement. Buy orders: .00000750 Stop loss: .00000665 Target...
Hello traders this is a trade recomendation based on my previous trade recommendation linked below i recommend you checking out. Factom has progressed nicely in this parallel trend channel. The SMA100 is converging with the bottom of this trend channel leading me to expect the price to find resistance at the bottom of this channel. im watching for a reversal at...
Hello crypto crazies well bitcoin and all crypto has seen a huge sell off. The amount of FUD that is surrounding crypto is UNREAL. Dont rush to judgement just because you read an article dive into the topic and dont just trade on headlines. As we saw last night all the reporting coming out of South Korea turned out to be rushes to judgement. NOTHING is final the...
Hello traders litecoin is seeing a little bit of a selloff and we are approaching an important level. I will be looking to see if the price is able to bounce off of the 100SMA (the orange line) at the $255 level. if the price bounces and we get a reversal signal that price will be good for long term trades. However if the price falls below that 100day moving...
Here is a buy opportunity for ethereum classic. Its looking like price will fall back to the 0.5 fib level which coincides with the current trend line. buy orders can be placed between $32-34. short term target is $42. long term target price is $55 Good luck traders
hello traders well bitcoin finally had a week with some sign of the bulls returning from christmas and new years holidays. we just tested a previous resistance at the 17000 mark. We will probably see a shallow pullback but i don't expect it to go lower than 15500-16000. remember these pullbacks are essential to the long term health and growth of this market. for...
here we have RSI signaling bullish divergence we can place buy orders @ 0.0036
This is a long term buy and hold or short term trade both appear to have great potential. BitShares finished a full retracement around mid-december and has recently started trending back up. RSI also confirms reversal on 1H chart for short term traders. MA 100 is holding support on the current trend line. i believe that now is a good entry point assuming that the...