chillingeffects

chillingeffects

ADA has had a decent retracement and we could be in the very beginning stages of a reversal. Already seeing some wild price action so load up whether on perps or spot.

chillingeffects

Many memories of this being my first moon coin :) Hopefully we will once again see it in full glory.

chillingeffects

This coin had some crazy gains in the last bull run, may be worth keeping some in a spot wallet as a long term hold.

chillingeffects

The current state of USA markets looks like its being held up by fake printed money. This is of course a risky trade to short in an uptrend, better to wait for a break and retest either above or below the EQ level. However, I do lean towards the short scenario as it hasn't had a decent pullback for a minute now.

chillingeffects

We have now entered a crypto bull run. Normally, I would say that its had enough, and to not be buying with such a large price increase in a short amount of time -- but if bitcoin remains somewhat stable for the next few days, ZRX could rally again. We all saw the ridiculous price increase for OMG, this could happen to any number of good smaller cryptocurrencies....

chillingeffects

Be wary of a potential price drop.

chillingeffects

Tron has had a crazy run up, I'm expecting things to turn around very soon as we approach yet another resistance level with a proper retracement. Remember guys fomo is for complete noobs, now is not a good time to be entering longs.

chillingeffects

Well well welll maybe its 2017 all over again ... don't want to make the same mistakes again? best strap yourself in. Take profits where it makes sense and don't get greedy, this shit can go south any moment. THIS IS CRYPTO!!!!!!! *spartan kick*

chillingeffects

It looks like we're currently in a standstill. I've been scalping channels and have a small long swing in the works. If and when it breaks down, I would expect anywhere anywhere from 11,500, 11k, 10.8,10.5, 10k areas.... also be sure to place stops in case we get any scam wicks. I'm leaning towards the bull scenario and see this small dip as a needed correction....

chillingeffects

Alts used to take quite a quite to correct but we are seeing things speed up this time around. Is bull season among us?

chillingeffects

Fair warning: I don't trade FX but I am learning the different behaviors of the market, so this could be a long way off.

chillingeffects

I do not look at fundamentals of coins when I do my analysis, so I was pretty surprised by how far its come in such turbulent and uncertain times. This could be dumb money entering because its cheap, or they could have some solid tech, I don't know... but I will find out. Either way, it looks due for a decent correction, so may be time to load up soon.

chillingeffects

KNC has come a long way recently, I believe it is due for a correction because a bearish divergence has been spotted, and also completed an obvious 5 wave EW structure. I normally don't place much faith into EW, but when its obvious, and there is not much to go on it can be a valuable tool.

chillingeffects

A lot of alts look like they're either in consolidation or and change of trend. Brace yourselves

chillingeffects

There has been no indication of any change of trend just yet, because wwe are approaching the lowest prices since it first hit the crypto world. This is a shot in the dark so follow at your own risk. The fib retracement lines up with an early support/resistance zone.

chillingeffects

If you do a fib extension from where I have labelled the elliot waves, it will end up at the 2.618 level -- I expect some sort of retracement here, although it may not pull back as far as indicated. I'll be loading up at several prices but looking to clear a pullback first.

chillingeffects

Neo is another alt I'm keeping an eye on in case shit starts going crazy in the near future. However, don't fomo into a trade until we have more clear market structure. This could be a big channel, a wedge, we don't know. Wait for confirmation.

chillingeffects

BAT is one of the few cryptocurrencies that has an actual use case, and with a very competitive and well designed browser, they have a tangible asset that is useable right now. I am keeping a close eye on it and waiting for a break above the massive supply zone before taking long term positions. In the mean time, might be able to swing a bag the next few weeks.