basementTrading

basementTrading Updated 

Hi All, With Bitcoin confirming a bullish trend, historically altcoins are not too far behind the rally. Today i am looking at $VIDT, a data integrity blockchain project based out of the Netherlands. I have been following the fundamental business development of VIDT over the past month and can see some strong long term potential profits based on their token...

basementTrading Updated 

Hi All, Welcome back to WarwDogs War Room. We have had some choppy movements in the market over the last few weeks with most alt coins showing nice upward momentum, time to share some of the success around. Today we are looking at NEO on the daily chart: As you can see, price has shot up violently through and closed into the kumo cloud on the 29th of April, we...

basementTrading Updated 

Hi All! Taking a break from the BTCUSD chart, as the wave between the trading zone ranges we can identify some additional opportunities to profit. On the chart above we can see that LTCBTC is currently sitting on an accumulation line of a strong previous support level. Trend lines are diverging and we will see a forced decision from the market in the coming...

basementTrading

Following on from my previous chart, we can see that the downward trajectory of the Elliot Wave is continuing down the projected pathway. The price showed a clear rejection on the (2) count move upwards, bouncing straight off the 20 EMA and back to the downside as the MACD has crossed over into a bear-ish direction confirming the move. All signs continue to...

basementTrading Updated 

Hi All, Welcome back to BTCUSD, my last chart showed the completion of the double top forcing us down into more bear territory. I have taken on feedback and reduced the indicators to show a clearer image. The downside movement has now fizzled out and we are looking to take action to the upside TEMPORARILY, as the bears regain their full energy for the final...

basementTrading Updated 

HI All! BTC is continuing to show bearish signals, popping out temporarily from the downward channel only to be pushed back down not long after. We are almost at the end of the tunnel but i believe we are in the midst of forming a symmetrical triangle inside a much larger symmetrical triangle (depicted in the red trend lines). We have a little bit of flesh to...