Troy_Brave

Troy_Brave

Monero (XMR/USD) presents a technical setup that could hint at a bullish breakout. It's important to remember that markets are inherently uncontrollable, there are no certainties, and all we can do is evaluate patterns and indicators to identify potential opportunities. Here’s a breakdown of the current setup and how to approach it with a balanced...

Troy_Brave

**BTC/USD** 3/8/18 Trend Line - I’ve mentioned before that I am a trend trader. I look for trends to be established and I ride the trend. Eventually the trend breaks and I hop off the train. We can see what was a major resistance trend has been broken. Although it lacked major volume (conviction), we did see 4 days of buying which is relatively...

Troy_Brave

Dash, like most coins, is in a descending trading pattern. This is not as wedge-ish as BTC. Dash/BTC - If you look at DASH/BTC we can see that Dash broke out of a descending wedge. Volume - Because of the low volume, I anticipate a new low to be created. HOWEVER, I am looking to see if it will find support on the previous descending wedge resistance. ...

Troy_Brave

LTC is buy far one of my favorite coins. I am very bullish on this coin. I will Babe Ruth it right now and call LTC to $1.1k by June and $1.8k for 2018 ATH. I know, thats ballsy, I just believe in the coin that much. 

 Descending Wedge/ Support & Resistance LTC is following a similar pattern to BTC. We can clearly see the descending wedge. Again, this is...

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For How long? **Volume* * - To me, this is looking like a significant indicator. We can see this is the highest pump of volume for 2018. So far, a bullish bounce is in effect. 

**Support & Resistance* * - We saw a piercing of the wedge support line with a bullish response bringing us back inside the trading wedge. The sentiment we see is weak sellers...

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Alright, so we had a little bit of a sell off, whoop-de-doo... Being that there was no MAJOR drop IMO, we are clearly seeing a lack of resolve from the sellers at this point. Yes, bears brought price down below 10k, but this wedge is looking like a HOTTIE to me. *Support* Truth be told, the 10k resistance on the way up wasn't that strong. I'm personally not...

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The Battle of the Trends - Update Please refer to post from yesterday for a broader BTC/USD look. We saw the trend resistance line hold strong last evening and produce bearish price action most of the day, just as the charts told us might happen. Currently, we are seeing a small head and shoulders pattern on the 30 min chart. Not only should the head and...

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The trend is your friend (until the end when it bends) Which one will win? We are approaching the convergence two trends. • The bottom teal line - This is a trend that has supported the pull back from 5k in September as well as the 7k pullback in November. We can also see it is currently supporting this pull back in January. That is bullish...

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We are ALL waiting to see when/if the market will turn around. Traditionally, January has been a bear month for BTC. With the massive "over bought" bull run in Nov-Dec, futures launching, and the likelihood of the whales shorting the market while simultaneously crashing the price, it has been a wild ride in January. I don't think we have enough confirmation to...

Troy_Brave

Technical and Fundamental analysis 
What a coincidence that we have the lowest low of this pull back on the exact date that the OBOE futures contract expired…. 

WWWD (What Would Whales Do)

Whales would short bitcoin on the futures market and simultaneously crash the market. Then they would BTFD and open long contracts. They would make money on both sides...

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Monitoring LTC/USD WINNER…? Not yet, but so far so good! This trade is turning out very nicely. As long as BTC continues to stay somewhat stable we should continue to see an increase in LTC. I would NOT say this is a good time for entry as the risk has increased. If we come back to test the .382 ($57), that may provide good entry point with a...

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Coin - LTC/USD Entry 50.25 & 51.70 Targt #1 - $69 Target #2 - $79 Stop - 46.75 5 Entry Reasons Strong FA LTC is a highly traded Alt coin with one of the largest most consistent growths for the year. The fundamentals are strong and Charlie Lee is very committed to the crypto space and the LTC project. Elliot wave - We have completed a full...

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Shout out to everyone who is following me on this trade. If you missed my previous post on you should go back and check it out as these posts are directly correlated.

 Making educated trades means making peaceful trades. FOMO and FUD are very real emotions that EVERYONE experiences as we embark on this journey. If you are anything like me we’ve excitedly...

Troy_Brave

Early on while trading, I am learning the importance of using multiple indicators to make trading decisions. One of my biggest frustrations when I first started in crypto was, “how do I know WHEN to buy and how do I know WHEN to sell” I mean, obviously buy high and sell low… right? Sounds simple… right? But when are those highs and when are those lows, thats...

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We can see the recent bear momentum is about to meet with the base trend line. This usually signifies a good entry point assuming the fundamentals of the project are still intact. We aren't AT the baseline (yet?) however we have double bottomed at the current support level .0039. This project has also attracted a significant amount of increase in volume over...