these things at time had inverse relations ships with btc as well as have very strong trends when not in consolidation patterns I ve tried to get in BCHSV at what i thought were bottoms which faild been stopped out of a long trade for 200% percent to the upside 3 times maybe 4 but dont think that means that it wont happen thats its just not happening think for...
posted my thoughts yesterday on the link I shared below weve hit our 50% fib retracement from bottom I like an entry here but its not a home run we could take right off from this level or continue sideways or further down love the .618 fib entry on eth or btc The old resistance would be the .618 fib support. resistance become support... just gotta be reactive...
NCash has held its btc value for the most part during the most recent bottom and bullish leg of BTC/USD This holding price as well as how market correlation works I like taking investment style trades ( wanna know more message me) and take some bottom fishing plays as well as what I belive to be bottoming patterns of certain alts to get easy scalps out of my...
a lot of acculumulation over the past two months we could still retest these levels but breakout is also likely and reward is good so I wouldn't hold back too much here could see a few days of upside on these two if they run
this could go to massive upside... we have watch a lot of the top 20 run over 200 percent and xrp low is only .28Cents were only up .33 cents tjats only 20 percent from low we got a lot of room
most likely the bull flag that fails by my count weve just hit our third wave extension with a .382 and a .236 pullback would expect a .38 or .5 pull back of entire move
looking long since the trend is up but we could see a pull back or further consolidation why I like the trade so much is the last two consecutive inside bars on the 4 hour time frame big time potential
also dont like entering unless scaling into position until the candle is actually closed 1 hr time frame daily could consolidate further
My entry is on the break of the inside hourly bar bearish... my biased is still we bottomed but believe a double bottom retest or flush out is still possible.. This thing can still take off long and blow off top with a short squeeze. Think most likely a further consolidation to the downside is likely and i liked the hourly setup.. will be very quickly to exit if...
You want to see a big vol come in on the break here starting to build a position
added on the arrow small size so I could add if we get a shake out lowered then I will add on bullish continuation had similar patters of other alts this week #ltc #ARK #EOS #HC #THETA THIS IS A POSITION I WILL ADD ON A FALL.... BUT AM CLOSELY WATCHING CORRELATION ACROSSED MARKET.
breakout play looking for continuation especaillly if the market follows we could still see a lot of up side
a lot of upside imo looking to scale in we are likely to go range bound with my entry being near top of short term range. 2 shares at $96.54 check out the daily chart a lot of reasons to be long short term were in a massive downtrend most down 90% or better
pay close attention we are nearing a bottom imo 15 shares at 107.77
15 shres at 119.53
took long 200 shares at .1721 pe wuld like to add bt the trend is still down we just have very good support here