Our previous Ripple trade got stopped out. We'll try again. Risk Reward roughly 3:1 (2:89:1) - T1 There are higher targets T2 and T3 which will yield higher rewards for the same risk if you feel confident. Sean Vengan Professional Cryptocurrency Trader and Trading Educator
KISS Principle: I always like to make my trading easy, so I don't need to think too much... The battle lines are drawn between $4,000 and $5,000. Who will win? - Buyers (above 5000) or Sellers (below 4000)? Which team are you in? Sean Vengan, Professional Trader and Trading Educator
Technical perspective ====================== Let's quickly review our Wave count on a Bitcoin Weekly Chart. Firstly, we note in Wave 3 we previously had successive weekly green bars. so this is the first red bar for several weeks. Unsurprising there's a red bar - so let's not get panicky and say there is a Crash. Secondly, this red bar is significant - taking...
2nd Long ReEntry on Litecoin. Risk Reward 3:1 1st one got stopped out. That's the way trading goes - we take small losses but recover with bigger wins. Sean Vengan Professional Cryptocurrency Trader and Trading Educator
At current prices, I see Litecoin as a super buying opportunity. Now, you can wait for a more conservative entry around $64.00 but it may move up without getting lower? So choice is yours (or not take the trade at all). I see this as a healthy pullback. Risk Reward 3.7:1 I feel this is a load-up type of coin (if that makes sense). Beginners: This is nicely...
Just a quick update on Bitcoin, as a number of you are asking.... On the Daily, we are still in an UP Trend Higher Highs and Higher Lows. We don't know where this current low will end so we must watch to see if it breaks the Up structure. Looking at the 4 hour chart, we appear to have support @ around $4,200-4300. The question is will it hold? Medium term...
Lumen looks to be consolidating for a push-up. Risk Reward approx 5:1 Sean Vengan Professional Cryptocurrency Trader and Trading Educator
NEM Long Risk Reward: 4.86: 1 Current 0.29553 02Sept17
Ripple (XRP) Long opportunity Risk Reward 3:1 Sean Vengan Professional Cryptocurrency and Trading Educator
ALL of this was shown to you IN ADVANCE AND FREE PROFESSIONAL ADVICE Winning Trade: Target 1 and Target 2 Hit Deep in Profit $$$ Target3 heading > $5,000 Sean Vengan, Professional Cryptocurrency Trader and Trading Educator
Bullish Etehreum 3 Targets shown, with Stop Loss and Entry Sean Vengan Professional Cryptocurrency Trader and Trading Educator
I am reversing my position (minuscule loss) and now long. Seeing good support and momentum shifting to the upside High Risk Reward 6:1 (BUT only focus on the Risk, esp new traders) 3 Targets are shown, stop loss and entry. Sean Vengan Professional Trader and Trading Educator
Risk Reward 3.72:1 4hr chart Lower Low Lower high from ATH (all time high) Looking to retest support around $4000 Stop Loss, Entry Targets and Risk Reward all defined for you to manage trade professionally Sean Vengan Professional Trader and Trading Educator
Are we seeing a start of an Inverted Head & Shoulders? Resistance remains at around $4,440 (potential neckline) Expecting a pullback to at least $4,000 from there we will see... Sean Vengan Professional Cryptocurrency Trader and Trading Educator
Are we seeing a start of an Inverted Head & Shoulders? Resistance remains at around $4,440 (potential neckline) Expecting a pullback to at least $4,000 from there we will see... Sean Vengan Professional Cryptocurrency Trader and Trading Educator
Maximum Profit for Litecoin with both targets being hit comfortably. Successful trade.
We have now had a potential ABC correction If we can get a Higher Low I am looking to go Long. The potential setup invalidates if we don't get a Higher Low but instead get a Lower Low, as this could turn into an ABCDE correction. Targets remain the same but entry and stop loss are still to be defined once the structure is in place. Wait for a Higher Low before...
THIS IS A WEEKLY BITCOIN CHART - BIG PICTURE In Elliott Wave Theory Wave 3 is ALWAYS the longest Wave. If you compare Wave 1 to current Wave 3 it's currently roughly the same length This means: Wave 3 IS NOT OVER Can it take a pullback in the short term, yes sure, but in my medium/longer term view Bitcoin it's heading HIGHER ****** Please note don't take the...