cryptodonovan

cryptodonovan Updated 

ENJ has put in a complex double / rounded bottom and broke above the short term upper trend line as well as local resistance level, with volume, possibly triggered because of the bullish golden cross of the 100 & 200 SMAs confirmed on 1HR TF. For ENTRY - Look for a retest of fibs & local support levels. More bearish short term idea would be a possible...

cryptodonovan Updated 

WOW. Remember that time back in January? When I told you to long AUDIO? When it was at 20cents??? I knew Audius was an exciting project that traders would want to get in on... but I did not expect it pop off this quickly! Up 1425% percent since that post, completely ignoring the market's recent short term downtrend. So how do you trade this? Honestly, I don't...

cryptodonovan

Reached the top of the pattern. Good time to lock in some profits after the massive rally... Definitely more room for mid term upside though. Look for reentries. Will update this chart in the coming days CD

cryptodonovan

XRP is still a bullish mid term hold, but be careful timing your entry at this juncture - bit of a crossroads here. Massive H&S forming within larger pattern, and a bullish ascending triangle is poised to break out or roll over in the coming days. A break out would lead to a retest of recent highs (and possibly a rejection unless BTCD rolls over at the same time)....

cryptodonovan

You can probably find better BTC pairs in small caps for quick gains, but I couldn't help but share this big double bottom / break about 200SMA XMR has pulled off. These are clear signs of reversal. The risk is that it will be short lived and roll over like the previous break above 200SMA. THIS IS A HIGH RISK TRADE, so I would wait for a confirmed break above...

cryptodonovan Updated 

Important to keep an eye on Bitcoin Dominance. Alts have been doing great while it's trended lower, but now it's reached the bottom of a macro ascending triangle and looking for support. I've outlined 2 possible scenarios. One - BTCD rallies and continues to range in the pattern. Bullish for BTC, Bearish for Alts. 2. BTCD rolls over, and Altcoin season...

cryptodonovan

Shout out to Trip from cBc's group for originally charting this. I've been posting about NEO for a few weeks (so I don't feel bad about recharting it for those who missed it) the difference was that I only zoomed out as far as 12HR... Looking at this 3 day macro TF... I mean, no wonder it's popping off right now. It's a beautiful textbook reversal, and the fact...

cryptodonovan Updated 

NEO is currently testing resistance at the 200 SMA and forming a bullish ascending triangle. Breaking above the 200SMA has preceded huge gains in the past. If BTC pumps, it will invalidate this idea. If it ranges, keep an eye on this and buy the breakout / retest!! Targets are marked at fib/support levels

cryptodonovan

BTC just broke another ATH, largely thanks to Elon Musk committing a 1.5 Billion investment via Tesla. This might lead to another wild 50 - 80% rise, I don't know the future, but I do remember that what directly preceded this rally was a big ole 30% retrace that had major new outlets proclaiming that the bull run was over (lol). During the recent price ranging,...

cryptodonovan

sorry for messy chart, just wanted to get this out there quick. BAND seems to have found support at the top of the previous ascending triangle it broke out from. It's now forming another ascending triangle (bullish pattern) before it moves higher. Right now the PA is at the bottom of the new pattern, which is the perfect time to reenter / increase position!...

cryptodonovan Updated 

First, a few thoughts / reflection as we reach this critical junction... Let's take a step back. It's easy to get caught up in the chop/noise/hype/news. I just saw a headline that read "The Bitcoin Dream is Dead" and couldn't help but laugh... albeit a bit nervously. At risk of sounding like a Vietnam vet or something, I WAS THERE in 2017, desperately watching...

cryptodonovan Updated 

ETH currently forming a bull flag or ascending triangle on the 1HR. If you're looking to reenter, I would stagger buys at key levels marked by the green martini glasses, based on fib / previous support. That way, if it doesn't respect the bottom of the bull flag, you won't be stuck with a bunch of expensive ETH and can buy more at a lower support level. Overhead...

cryptodonovan Updated 

Drew this for a friend of mine who wanted to know why Doge pumped today. I don't think anyone really knows why Doge pumps when it does, but you might've seen this coming if you knew a lil basic TA! happy trades, CD

cryptodonovan

I posted my chart for NEO recently, I think it was pretty accurate, and now it's looking even more bullish. Put in a complex H&S with the head bouncing off the 200 SMA on 4hr TF. Bullish cross on Stoch RSI, multiple TFs TOTAL 2 pushed above local resistance on recent rally. If it corrects to find support, expect short term downside for NEO to local support - it...

cryptodonovan Updated 

Chart speaks for itself. Dependent on btc not making any huge moves I reckon. Not sure of BANDs correlation to BTC when BTC pumps, maybe someone can lmk in comments? happy trades! CD

cryptodonovan

Few bullish ideas on the chart. I like the look of the macro ascending channel forming, lets see if the PA respects it. Seems to be retesting the top of the triangle now... if it catches support, that's a buy. Otherwise look to prev. support/fib levels. Happy trades, CD

cryptodonovan Updated 

Beyond all of the bullish patterns/indicators you can clearly see on the chart, I'm also bullish on AUDIO because its parent is a really great project with a bright future: Audius. It's a new free music streaming service / SoundCloud rival that will only continue to grow its user base over the next few years, introducing them to the world of crypto along the way...

cryptodonovan

XLM has almost reached the end of the triangle pattern and volume is falling, which means a big move is coming. Sorry for messy chart, this is one I use for tracking my trades. There's a lot of ideas here. You can read them on the chart, so I won't go into too much detail here. Pay attention to Market Indices: TOTAL2 has been rising a bit. BTD has been...