No need to panic but some bearish signs emerging. 30min, hourly, 4hr all showing negative on macd. If that daily ever crosses on such an overextended price lookout! That said so many newbies into the market (bittrex not taking new people) most daily verification processes taking 2 weeks (at least here in Australia) it should easy hold on new money alone. I...
I personally haven't bothered to wait for 21 day SMA break, at this price I've just bought in. Looks like a symmetrical triangle maybe coming into play to push it above. If you want to play safe make sure it breaks above 21day and holds above that point before you buy, as it could just keep slipping. I'm hearing enough chatter re fun on facebook groups/telegram...
Nothing special here team, we have a wedge that I think will knock price in the right direction then I believe NAV will punch through long term descending triangle. While everyone is looking at Verge, Monero and even Vertcoin. We're looking for the next big thing in the space, I believe it can be NAV. I missed a good entry point when it was back at number 100 on...
With BTC bull slowing down this week a lot of alts are showing possible buy signs. That said I like this one more than most. Week long ascending Triangle. If you want to wait for confirmed breakout fair enough. Target one has been set below whole number 250,000 sats. This is just below the next fib level and just under 21, 50 day SMA's etc. See graph for...
Watch for a clean 4 hour Ichimoku break (trailing resistance is still in the cloud). If we have one we might be off to retest 6 month Resistance line. XRP has had some serious hype and extra banks jumping on board lately. It's easy to forget after such a downward run that Q1 this year it was 24% market share of crypto. Once again watch for a clean break.
Love ADA long term, short term we had the expected pull back, hoping for a bounce off the .236 fib level. Feel free to set stops at 649 sats if required, personally I love this project long term so I got in at 680ish and will just hold (hodl even). Bit of info on ADA included below. Lofty ambitions but if it succeeds this thing is going to change the world....
NEO is near ATH vs USD which is only thing that worries me here. Still I have a Risk to Reward on this one of approx 4-1, so it seems worth a punt considering we just got daily MACD cross. Keep stop close IMHO looking at approx 26490 sats. That said I'm not setting it, will set a trading view alarm and reassess if it hits.
Do you like dogs, gambling, internet memes and unsustainable pumpage? TraderTravis originally called this out and he's wayyyy better than me so it maybe safe (read he's actually a pro, not an IT nerd who owns a paid TradingView account). When looking I threw out some historical lines and weekly macd. There's new and exciting privacy based coins now so that can...
Look don't flame me here, nothing against BTC, but if you don't have any BTC do not be adding right now. To me RSI (overbought, though that's always the case) and MACD (these big MACD squeeze points in the past have shown before cross/retracement) are both showing potentially barish signals. Once again I'm not selling any of my bitcoin, because it's a freak and it...
As BTC approaches 15.5k-16k zone we could see a strong bounce (see horizontal support and ascending triangle). If that happens you'll want to be moving some of those alt positions back onto the BTC train. Interestingly enough Market Open (11am Sydney time) Friday is traditionally the worst time of the week for BTC, but that might be about to change. As a side...
Wedge within a wedge. Breakout confirmed if 21day SMA crossed or trend line broken. Stop set to 29 sats if interested. Personally I think I'll just take a chance at these levels. We have just had further news of TOR intergration and Wraith protocol completed. I believe this will be enough to start upwards momentum. Once again if you're waiting for confirmation...