TomProTrader

TomProTrader

Back after a nice break. I have been working on fund management commitments and any fund manager on this site knows that January is the busiest for a fund manager and I think I've been around the more times than you've had breakfasts this last month so I apologize for not finding time to update you guys! Anyway onto the analysis! As it stands, Bitcoin sits...

TomProTrader

"You can tell when you're doing well because people will get jealous and start to hate" ^ This pretty much has happened to me because I called the EXACT Bitcoin bottom and then went on to call the EXACT level to buy and then it continued going up regardless. I also did the same with ETH so well done to anyone who followed these analysis, we made some good money...

TomProTrader Updated 

Please hit the "LIKE" button to receive my daily updates! A big WELL DONE to everyone who followed my BTC analysis. We hit the EXACT bottom to the exact candle and have been in the money since. good job! I called the BTC bottom perfectly which is great news. Now we can start monetizing on the large volume Altcoins! First on the list, Ethereum! Today ETH has...

TomProTrader Updated 

In my usual fashion, I have perfectly called the timing here! If price continues to have momentum above the side-wards resistance level and use it as a support level, then this is an obvious time to get into the trade, not only this but you'd have a great RR ratio, and a clear and defined stop loss level too. I highly recommend waiting for this level, unless...

TomProTrader Updated 

Please hit the 'LIKE' button to receive my daily analysis updates :) Price is holding nicely at the support zone for now. Is this a sign that price could bounce from here and go higher? Let's see. The candles on the bounce are not incredibly strong, but definitely something we have to take a heed of when considering our trade options here. If we can get a...

TomProTrader

It's good to be back. I have been away due to my fund management commitments, and the realigning of my equities portfolio as the year end approaches which is a very strenuous task. With commodities improving, equities recovering from their plunge, and Dollar looking better, the outlook for the stock market is good and thus, I can commit some time here once again!...

TomProTrader

Please hit the 'LIKE' button to receive my daily analysis updates :) BTC broke our side-wards analysis very well, and has since had a small pop to the upside, touching on the moving averages. Now price has touched the moving averages, I am expecting some small expected corrective downside which could lead us back to the side-wards support line before a break up...

TomProTrader Updated 

Please hit the 'LIKE' button to receive my daily analysis updates :) BTC broke the side-wards resistance very nicely, and since has had a small pop to the upside. What's happening now is that people are sitting around and waiting for a pump before jumping in. A more logical tactic could be to buy at the lows before the pop, and then reap the profits whilst the...

TomProTrader Updated 

Ethereum looking good for a retest/buy opportunity. There is 2 potential levels where price could bounce and be a good buy for a bounce to the upside. Looking at structure, there appears to be 2 levels which have been important historically, which I am eyeing for a buy. Both levels are side-wards support levels. One is side-wards support of the up move as of...

TomProTrader

Bitcoin has finally broken the side-wards resistance line, and where to better to do so than straight after bouncing off side-wards support? A perfect example of a classic breakout in prime buy area. I stand by this analysis which I went into great detail with in my previous analysis (See related ideas below the idea for more information) and now we're looking...

TomProTrader

BTC has long been under the mercy of a triangle pattern, that has manage to contain price nicely ever since May 2018. After all this time, it's now time for it to make a decision. Price action is right at the end of the pattern, and has reached its maximum time within the triangle and now it must break out one way or the other! Price within this structure has...

TomProTrader Updated 

XRP has been making some successive higher lows as of late, giving a nice steady up move, which price has also conformed to the side-wards support line illustrated on the chart. And today on the retest of side-wards support, there was yet another green candle showing continued enthusiasm to stay above the side-wards support line. Despite the nice green candle on...

TomProTrader Updated 

Bitcoin is nicely below the support at this point and it needs to be accepted that price would have to make a significant effort with a lot of bulls to break above the horizontal support zone once again (As well as long term side-wards resistance) Price has 2 possibilities. It'll either come back up from current levels and retest the side-wards...

TomProTrader Updated 

Bitcoin broke the horizontal support level (Unfortunately) so we need a contingency plan to protect capital. Now price is below this level there is a danger that price will retest the horizontal support zone as a new resistance. If this happens, we could get some considerable downside from here on. If price breaks up again, it will need to retest the transition...

TomProTrader Updated 

Price approaching side-wards support now, let's see it it bounces! Where do YOU think price is headed? Leave a comment with a chart and let's share our thoughts! I never ask anything from my supporters, but I do have a small favour to ask of you guys... If you see comments in the comments section that are trolling/insulting to me, or any other person who's...

TomProTrader

Been trying my best to keep a good eye on Bitcoin despite unpredictable levels, as well as flying last 2 days and using plane WIFI! Not sure if any of you have ever used a planes wifi, but it is TERRIBLE. Ah well, despite, the perks of business class. :-) Bitcoin trading nicely towards support zone, it appears to be fading nicely meaning it's a sustainable down...

TomProTrader Updated 

Due to high demand, and the fact no ones really posting on this one, I've decided to give it a shot. XRP currently sits nicely above the 20, 50, and 200 major moving average (All in systematic order I might add) suggesting the trend is actually pretty healthy. As it stands, price had a nice green candle off of the side-wards support a while back, and since then...

TomProTrader Updated 

This analysis very much attaches itself to the analysis I posted yesterday, and could be considered a part 2. (See related ideas below for more information regarding this analysis.) Yesterday I discussed 2 nice levels where we could look for a long opportunity. The first of which, seems to to have failed to ultimately hold it's own and price did go below it....