The downtrend has been broken on XLM which has great fundamentals. I've been looking for a entry point on this coin, I'll be leaving the profit in XLM to add to my longterm Portfolio. Positives signals on MACD, RSI, and iCloud.
STEEM just bounced off the support side of the channel. Great time to get in for a ride up to near the top of the rising wedge. Some volume could be left for an anticipated break of the resistance and a parabolic move down the line.
Ascending triangle after panic sell during BTC rally. This one's a no brainer given the volume and momentum this morning. A portion can be left for the much larger gains that look like they are coming on the longer timeframe.
Trig has a symmetrical triangle (neutral) at the top of a bull run, which means it could be a bull flag/pennant (bullish obviously). The MACD is on the up swing and could cross over at the same time the upper boundary of the triangle breaks. Trig is one of the few coins that is significantly up but not near the overbought RSI level, which means it has more room...
Bullish Channel + Ascending Triangle with a bit of a fuzzy top. To be safe a pending order could be placed above .007. Target is the upper boundary of the channel.
Short Term Bullish Channel inside a Long Term Bullish Channel. Ascending triangle right near the support line. A pending order can be placed just above the triangle. With a target around .00104. Some can be left for a trip to the top of the longer term channel. Comments and questions welcome.
Hi Folks, This is an update to a trade that began much earlier in the month, which is linked below. We just had the parabolic event that I predicted would happen if be broke the long term resitence trendline. We reached the 1.6 fib extension by hitting just under $2. We in for a quick correction before heading back up. I've marked a rough rebuy zone for those...
Some of you have asked me to make a Bittrex NXT to BTC version of my NXT to USDT chart. Here it is. For those of you just joining us, please check out my charts on this coin. My predictions have been fairly accurate since December 5th. The rebuy zone has already passed from the USDT chart has already passed. On the BTC chart you can see a clear symmetrical...
I think I annotated the chart enough for this to be clear, but... There are two trades here - the first is looking to capitalize on action within the larger ascending triangle pattern, the second is looking for a breakout. By taking a break between the two, by cashing out after trade 1, and placing a new pending order above the resistance, I'll eliminate the...
Interesting set up happening on the 5-15 minute scale. Pending order can be placed just above the triangle. First target is marked in blue. Reducing exposure at first target and adjusting stop-loss to buy in price. Happy trading! Comments, questions, and feedback always welcome.
Dash is forming an ascending triangle (Bullish). A break above the top could see a gain of 80-110% the height of the triangle. A pending order could be placed above the top of the triangle. Two things to watch out for. Target 1 is the ATH and it's pretty close. We might find resistance or reversal here. Between the buy opportunity and the max expected profit...
Bitcoin is forming an ascending triangle. Entry can be placed safely above the triangle's top @ 17750. First target is just below psychological level 20K. Second target is around the Fib extension . When the price reaches each of these targets the consolidation and reversal risk increases so pruning risk is advisable.
XRP is forming a possible bull pennant. A pending order can be placed right above the top slope of the triangle @ .81ish. First target is an area of possible consolidation or reversal. This would be about 10% profit, which is a great place to prune risk by selling 1/3 of the original stake and raising the stop loss to the buy in price. At that point I'll lock...
LTC is still forming an ascending triangle pattern (bullish), which is functioning as a bull flag (bullish) at the top of the rapid run up from the low 100s, which forms the flagpole. A pending order may be placed above the top of the triangle @ 330. By breaking the bullish ascending triangle consolidation pattern, LTC can be expected to gain 80-110% the hight...
MACD and Descending Triangle suggest around a 65% chance of a retrace. My best guess is 14500, but I wouldn't put money on it (read as I'm not shorting BTC).
Ascending triangle formed. If the top is broken, I expect an upside equal to 80-110% the height of the triangle. Two tricky things to watch: We had a false break on this triangle once. The All Time High is sitting at Target 1, if we break it with strong volume we're off to the races. If we limp over it, we'll probably fall into consolidation or retrace.