This similar pattern played out back in August of 2017. As we can see, BTC made a huge run and then top out with a bearish divergence on the daily chart. Following that, BTC retraced to the 618 and what followed was a parabolic run-up. Currently, we are looking very similar to Sept 9th, 2017. There is a bearish divergence on the daily and weekly. If you...
This is my trade set up for BTC. The critical levels for BTC right now are the $46k, $48 and $52k regions. It is where most of the recent price actions have taken place. If there is a pullback and followed by a bullish reaction at the $46k region then BTC will take shape of a reverse head and shoulder pattern. This is the trade I want to anticipate and enter. ...
XLM has reach been slowly traveling in an uptrend level setting higher lows the last couple of days. It has reached a decisive point in this wedge. This is my game plan for the shorter term swing trading with XLM. If it breaks out of this wedge, I am looking to a near term target of around 37 cents and a second target at around 43 cents. If it breaks down,...