ema flip, keep your friends close and your stops closer
Arrows aren't in specific points just general thoughts
Price needs to retrace to the confirmation line (blue) before attempting another move upwards.
Looks like we're due another leg up before following overall trend down, $6580 would be TP, $6400 possible SL
Not convinced but wanted to see how it would play out anyway. Fibs heavily being used as support as well as resistance. Bull div and increased vol over the last week or so. Would be looking at making it a 3-7 day trade
Bull div on RSI + big volume. Would be expecting a move in the next few days. Not much more to comment on.
A rare non crypto analysis but sometimes its nice for a price not to get heavily affected by a higher up factor i.e altcoins reliance on Bitcoin. 0.786 fib from 2010 high being tested and got rejected first time around. Very positive FA surrounding BP in the last 6 months so it will be interesting to see if faith is brought back to investors. Entry price for a...
DCR looks like a great entry currently and FA is very bullish as well as the bullish div and trend change. Only thing that putting me off is the lack of volume due to it being on trex, would be unsure as to whether it could keep up the momentum. Would be aiming for 0.001365-0.00143 next 7 days
bounced off the 0.236 fib line, bull div on RSI. Added risk of current trades due to the state of bitcoin. Also a lot of hype around this coin.
FA- ADA is a strong coin in top 10 market cap but acts usually in accordance to BTC, investing in ADA is like investing in BTC but with higher ROI obviously. Considering bitcoin's current level of play it isn't a short term trade as we're currently trading sideways but it is more of a mid-long term trade. TA- looks as if it has found support (famous last words)...
Bounced near 0.236 fib line, bull div on RSI. Once again currently even more of a riskier trade due to the state of the market but god loves a trier. Would aim for 5-10% before closing
In an ideal world DCR would probably bounce off the 0.5 fib and I would put a bid in at 0.0125, but market is in a bad way which would make it even more difficult. Hypothetical trade to see how it would work out. Stop loss would be very tight at 0.0122. Bullish on hopium.
Always a lot of hype around this coin on binance. Purely basing it off a fractal and current movement in the bear market. Paper trade just to see if my thoughts work out or not. "#yolo"
Sold 50% at 0.000126 due to bear div and now re-entering due to strong FA and it's one of the only coins moving currently. Will sell this 50% again on next leg up, aiming for a full retracement in the next 7 days but thats because i've had my daily dose of hopium. When binance sir?
Expecting a bounce off 200 EMA, purely psychological considering the big bear div recently. Tight SL's on this one.