bagofXMR

bagofXMR Updated 

Adam and Eve double top about to be confirmed in bitcoin hourly chart. More info about this pattern here: thepatternsite.com We need a close under 2730 to confirm entry, and target is 2520-2580 area.

bagofXMR Updated 

Bearish divergences in both MACD and RSI and broken trendline with breakdown level retested. Targeting secondary trendline, 38.2% fib retracement and MA support. Entry 227 (that would be the correct entry, though my personal entry is 218.55) Targets 195 (20%) - 190 (30%) - 185 (30%) - 180 (20%) Stop Loss 236 (new ath)

bagofXMR Updated 

Rising wedge broke down, MACD turning bearish, alma (21, 55) bearish cross, rejection of 50% retracement of the dump, potentially bubble bursting. Targeting 1600-1700 area: major trendline from last sub 900 low, 377 ma, 61.8% retracement of the whole bull run, 1.272 extension of the correction and broken wedge target. Stop-loss 2265 **I was cleaning the...

bagofXMR Updated 

Potential bear divergence in rsi yet to be confirmed, perfect touch of trendline, 78.6% retracement of downtrend, easy stops, huge r/r trade... is worth trying imo. I'm laddering the stops just in case a stop hunt/liquidation hunt happens. Entry 1690 Stop loss 1723 & 1753 (50/50) Targets 1600 (66.6%) and 1560 (33.3%) Big risk of failure, don't go too big in this trade.

bagofXMR Updated 

Neckline Break : The head and shoulders pattern is not complete and the uptrend is not reversed until neckline support is broken. Ideally, this should happen on high volume. Support Turned Resistance : Once support is broken, it is common for this same support level to turn into resistance. Sometimes, but certainly not always, the price will return to the...

bagofXMR Updated 

This is my first non crypto idea. I've read/heard commodities are the most similar to crypto to trade, so i'm going into them. I'm opening quite a big position in here for my standars thanks to leverage. Here are my technichals to support this long setup. Three weeks downwards tend broken Daily RSI and MACD bull divergence Bottomed at +1year three...

bagofXMR Updated 

Ascending wedge broken, breakdown point retested, now heading down to horizontal support + secondary trendline + broken wedge target. Entry 1791 Stop loss: 1841 Target 1686

bagofXMR Updated 

Easy quick short. Entry 1820 SL 1838 Target 1730-1708 range It retested downwards trendline. It retested breakdown level from the secondary broken trendline. It built a bear divergence in both RSI and MACD in several TF's. Probably heading down back to the next trendline.

bagofXMR Updated 

After my last successful venture in low-cap coins (Peercoin, you can see the idea in related ideas) i'm now into a new low-cap coin (~4.5M usd). This time is BelaCoin. Belacoin is a project announced in late january 2014. It is a litecoin fork with Scrypt mining algorithm. But Belacoin tries to do something different to most of other cryptocurrencies, and has...

bagofXMR Updated 

PeerCoin is an old cryptocurrency project from August 2012. And it has kept an acceptable overall activity. They are lately growing: +6000 twitter followers ( source ), wildly increased mining difficulty ( source ), and growing in googletrends ( source ) They have a fancy website with lots of information. I do recommend you to red their faq to learn the basis...

bagofXMR Updated 

We all should know how things work out in crypto-kingdom. The composite man accumulates, the composite man unleashes hype, and the composite man dumps all during the run up and specially on hype peak. SegWit hype is running over, it is now clear that it will be soon locked up and deployed. Miner support is overwhelming. And we all should know too that anything...

bagofXMR Updated 

Let's talk about Monero. Technical bull signals: 6 weeks down trendline broken and retested. Potential daily/4h reverse head and shoulders Weekly cup and handle formation 1 year monthly heikin ashi trendline holding and green candles Some charts: Monthly heikin ashi trendline and EMA's support Weekly cup and handle and EMA's support 4h...

bagofXMR Updated 

Technichals : Risign wedge coming to an end + daily MACD and RSI divergence (also confirmed in weekly). We need a breakdown of the wedge to confirm short. Entry: 1322 SL: 1390 Targets: 1230 (20%) - 1135 (60%) - 1030 (20%) Fundamentals same as last attempt: China crypto withdrawals frozen. They could be potentially about to be opened again. We'll have to...

bagofXMR Updated 

We have completed a three drives pattern, now we should short looking for 61.8% retracement of the whole move up. We have this pattern accompanied by regular bear div in the last three peaks, and a longer term hidden bear div from ATH. So this should be an easy short. We still have a 2 points trendline to break, and for now we lack the necessary volume to do it,...

bagofXMR Updated 

Litecoin has pumped hard in the past, and last two times retraced the whole pump and even more during a LONG bleeding period. A month ago, LTCBTC found support at the bottom trendline coupled with a longterm reversal zone. There it found strenght to bounce and break a +300 day downtrend. We can see LTCBTC is facing now a strong trendline from ATH week candle...

bagofXMR Updated 

STRBTC is the tycker symbol for the trading pair "Stellar" against bitcoin. Stellar is a platform originally forked from Ripple consensus protocol that allows you to send instant fiat transactions worlwide thanks to a decentralized network of servers and trusted anchors that honor the fiat balances. You can read the basics of Stellar in their site, here...

bagofXMR Updated 

This is a sad moment for Bitcoin. And probably for whole crypto-market. We've seen bullish exhuberance on altcoin markets , where major alts (DASH, ETH, XMR) gained an 100% in average last 7 days. And they gained much more at their peaks. These are the actual numbers against BTC since bitcoin ETF rejection: XMR +155% ETH +295% DASH +265% And other minor...

bagofXMR Updated 

Trade based in a @spacetrader public idea. His idea is linked in related ideas, check it to know his outlook of the situation. I'm now slowly loading of BTSBTC, trying to buy as low as possible a remain unnoticed in the market. Basically i'm trying to buy low 300. This is a non margin trade and i do recommend not using margin in this trade. This kind of markets...