MidasTouchTrading

MidasTouchTrading

Doge has been looking interesting. I believe a bullish divergence has been forming on DOGE/BTC on the daily candles. Meanwhile, a gigantic spike in volume was seen on one exchange. Would be nice to see a pennant develop over the next few day candles which in my opinion would could be quite a bullish pattern.

MidasTouchTrading

Ripple about to enter cloud, however the most probably outcome is a rejection at the cloud. Probably needs longer to consolidate at a lower price. If it can enter cloud with a few candles, there might be some profit to be made.

MidasTouchTrading

Bearish divergence. I am selling. Support for Conoco at 48.50, and strong support at 47. Not qualified as a securities professional.

MidasTouchTrading

Just a small trade to make. Trig going higher. Developer appearing on CNBC tomorrow.

MidasTouchTrading Updated 

The problem with this trade, even though candle is in cloud (hasn't closed in it) is that STR / USDT or XLM/USD is not the main trading pair. The main trading pair is actually XLM/BTC or STR/BTC. Nevertheless, cloud on doubled setting looks nice and shows potential for more than a 50% gain at the other edge of cloud. XLM (STR) conference coming up tomorrow!

MidasTouchTrading Updated 

ETHUSD looks like it may be a solid trade for some profit. Possible pennant forming on Ethereum, which actually typically forms pennants / bull flags / inside bars before major moves up, even more than I've noticed on other cryptocurrencies. Buy side seems to be quite solid on it after running to the bottom of the pennant just a few hours ago on 7/21/17. I also...

MidasTouchTrading

Downtrend has ended on ETH, it's very possible Ethereum will rise to $500+ due to a frenzy of speculators amidst institutional interest. BTC also may have solved their scaling debate and a mildly optimal solution may have been achieved. Not the BEST solution, but one that the market will react to favorably... Goldman Sachs has a price target of 3000-4000 on BTC...

MidasTouchTrading Updated 

Welcome to another trade idea for entry and potential profits. Currently, litecoin is making a consolidation pennant. The idea for this trade is simple: wait for the bollinger bands to tighten up on litecoin, and then after they are sufficiently tight, litecoin will break out of its consolidation pennant. A break to the downside would mean sell / short / or...

MidasTouchTrading Updated 

Litecoin is a popular cryptocurrency that has been in a steady uptrend for some time. Charlie Lee, the creator of Litecoin, is now working on Litecoin full time, and looking to hire additional programmers. He recently participated in a large scale meeting in China to discuss upgrading Litecoin, getting it on all exchanges, and other ways of marketing it (which may...