Exciting times ahead for EURUSD! On 3/21, we saw EURUSD put in its first higher high in quite some time. This means that if we see a higher low form here, we may get a trend change. I am watching closely at these levels, and I’ll be strategically placing longs once more price action develops. Keep in mind, that the trend break we saw could be a fake-out and we...
This is what I am seeing mid-term for Ethereum. We will bottom out soon, and I am expecting a relief rally to touch the upper channel line, right around the .236 fib ($276.09). Keep in mind that there may still be more downwards pressure to come— all the way down to the $75 area of support. Also note, at these levels, every $1 move is a 1% loss or gain. I will...
Tron is one of those coins that I will always hold close to my heart. In fact, it is the coin that gave me tremendous profits in January 2018 that I ended up putting towards my wife’s dream house that I bought her. Tron found support and put in a higher low at .00000273, if bullish momentum continues, I can see TRX breaking 500 sats. How I plan to trade...
Verge is definitely a love it or hate it coin; but don’t let your feelings get in the way of making money. From a TA standpoint, XVG looks primed for a nice Risk to Reward trade. It already had its retest where it put in a higher low, now we need to see if it will put in a higher high, which I believe it will with the bullish hopium floating around within the...
I charted these lines on 9/6/2018, and Bitcoin is following my analysis to a T where it is ranging in this triangle. Ideally I want to see it break out past $7400 with conviction before I start to believe in a long term bull run. Until then, this very well could be a lower high and we could see Bitcoin break the triangle bearish. How I plan to trade...
Ripple had some really nice gains over the last few days. It has been months since I have seen candles this big, which brings me hope that this bear market is on its way into hibernation and bulls are going to play; however, still be careful! Now is generally not the time to buy a coin that has had a massive pump. You will want to wait for the indicators to reset...
Ethereum is seeing a nice surge from the recent low at around $168. I believe it will continue a steady pace forward and ideally it will test the top of the trend line where the .618 fib is at, around $583.48. We are nearing resistance now and do expect ETH to retest support along the way, so no need to FOMO in now. How I plan to trade $ETH: I already took...
Tron saw a decent size dip where it found support and bounced at the .88 Fib Level since it bottomed on 8/15, and it looks to be putting in a higher low. I do believe we are overdue for a relief bounce on the larger time scale (Daily) where we will visit the .236 (.00000454) and .382 (.00000575) Fib Levels soon. Stretch target would be the .618 Fib (.00000770)....
Bitcoin is in an equilibrium where it is finding Higher Lows and Lower Highs. I am very interested to see how it is going to react at the $6,000 range. Will we put in another Higher Low, or are we going to break through support which will end up putting in a Lower Low around the $4800-$5200 range? I personally believe we will range from $6200-$7000 within this...
The drop on Ethereum has been absolutely brutal! Hope everyone has been making some nice gains playing the oversold bounces and shorting the hell out of ETH! But Bears beware, overall, I am seeing a possible short term trend reversal for ETHUSD coming up over the next few days. There is bullish divergence forming on the daily, and it is nearing strong historical...
R2: 1.7247 R1: 1.17098 Pivot Point: 1.1645 S1: 1.5829 S2: 1.15675 Depending on where we open, I will begin stacking to build up a short position. Take Profit will be around S1 & S2. If 1.5072 is broken, I will reopen a short position to target the next leg down. I have no plan to go long as Eur/USD is trending down with no clear sign of reversal as of yet.
After looking at the weekly, I don't believe we will be going as low as some may think, at least not quite yet. We will test the upper trend line around $8k and then we will see the big dump that could go as low as $3-4k. I have already started stacking my buys and closed all of my shorts.
Currently in an ABC correction, but then will see a final push down. Don't rush in and buy quite yet, more pain is to come.
I believe we will see a short correction before we see the next wave up to test the log trend lend and Kijun (Daily) resistance area. Both the 1 and 4 hour charts are starting to show bear divergence. I took some profit and will be looking at buying in again once the RSI reset for the next wave up. I will then possibly look at opening a short once the trend...
Will be taking some LEND profit around 850 SATS.
$ETH is looking a bit over extended and is due for a break. I took profit at $520, and will be buying back in around $430-$450 before the next push up, which I believe we will be testing $700.
We need to see a clear break from $8400 with conviction. If we do not, we may see a continued down trend as we test lows and possibly end up near $4800.
Not looking too good for BTC right now as it moves to complete its symmetrical triangle. Will be entering a short around the top of the triangle, and will accumulate to go long around $5300-$5700.