Pitteman

Pitteman

Divergences on multiple timeframes often give a good signal for a bounce. A bit too late to get the best price possible. I've been seeing a lot of bounces favouring the triple divergence. If it lowers to the .786 fib whilst making a triple divergence it can make for a very good trade.

Pitteman

ENJIN went parabolic and the news has been bought. Enjin formed a messy H&S patternwhich has the same odds as a normal one and could result in a large drop. RSI divergence formed at the top. You usually see a pullback to .50 fib at least but I'm aiming to buy back even lower since it went up 700%+ in 2 weeks.

Pitteman Updated 

H&S formed and broke out from the latest bottom. 1h divergence formed at the bottom. There was also 4h divergence there. The head to neckline break-out level coincides with the bigger fib level. Very likely we at least move back to that price for a bit.

Pitteman Updated 

1h divergence resistance zone + fib level I'm setting a tightish stop loss because I don't see iota bottoming here but I do see a profitable trade.

Pitteman

1h divergence, resistance level + fib line Think we can bounce from here to at least the top of the range or go a bit lower and move up from there. I'm entering here.

Pitteman Updated 

1h divergence on resistance for a move down. 1h divergence can be early and move 1 more leg up to .172 and bounce of there. Selling some here and and more if it moves up to next resistance.

Pitteman

Failed to enter nano yesterday after 1h,2h and 4h divergence and even after confirmation (breaking out of the descending wedge) I was gunshy after the drop of btc. I've entered now after a couple of small resistance breaks. And I can see it break out of the flag in the upcoming days.

Pitteman Updated 

1D divergence and has a high chance to bounce back to the top of the wedge here and might even above it for a bit. Shorts have been increasing so some can get taken out for a larger spike.

Pitteman

1h divergence on both. The entire market is bullish so I'm setting a tightish stoploss. Usually not a great idea to trade against the market but this just looked a bit too good but be carefull. Trading neobtc has less risk less reward.

Pitteman Updated 

Keeping an eye on iotx if it reverses here to complete the 12345 count.

Pitteman

We might have just completed the 5th wave down as long as btc doesn't make another drop. We hit a daily 9. 1h divergence and looking to build momemtum to break out of the falling wedge to make an abc correction. Where you make the trade is up to you. Take it now and get out if we're looking to move one more leg down or wait and see if we break out the falling...

Pitteman

Keeping an eye on iotx if it reverses here to complete the 12345 count.

Pitteman Updated 

Shorts have been adding on the way down whilst longs have been getting rekt. I think too many people are trying to leverage trade who really shouldn't and are about to get rekt. We've previously had a spike to 0.6 ratio and got a 8-10% squeeze/upmove getting the ratio back to healthier levels. We're in an abc correction after the 5th wave of btc completing so a...

Pitteman

1h divergence and hits strong resistance. Might want to use a tight stoploss and take profit early. 1h divergences don't create big bounces.

Pitteman Updated 

ICX will break out soon up or down. Has strong support at .116 and could be ready to make a 5th wave. Risk/reward looks good to trake this trade before or after it breaks out. The count and possible break-out gets rejected if support is broken.

Pitteman Updated 

Link has made its much needed correction. It can still go down further to .34 but you could use this dip to get back in with some if you sold the past couple of weeks and hold on to some btc to buy if it hits .34 We're having divergence on the 2h and hit the .5 fib and 4th wave support.

Pitteman Updated 

If previous resistance can become support we can make a profitable trade when it STRAT starts its 5th wave. target: .31-.35 The bitcoin drop had a large effect on strat so keep an eye on btc and try not to hodl on the way down if support breaks.

Pitteman

A couple of scenario's for zrx. I'm not ready to call a direction either way but a profitable trade will be coming in the next couple of days.