BTM POLONIEX:BTMBTC Bitmark (BTMBTC) is currently consolidating the handle of what appears to be 'round 2' of it's cup & handle formation. The last round (earlier this month) more than tripled in its BTC value before correcting. In my opinion, with only ~6 Million BTMs in circulation, this asset is wildly undervalued at less than $1.00USD. Nevertheless, this is...
BITFINEX:ETHUSD A Cup & Handle formation is now in play for ETH. Although I would sill trade with care, the strength of the play will be bassed on which level of support the handle is formed at. Will it be at 316 or 308? Let's wait and see. If confirmed at 316, that would signify a strong bullish trend indicating ETH will likely see 350 sooner than later....
NASDAQ:DCTH DCTH is a wild lil' Penny Stock that is already gapping up in pre-Market. This company is really trying to rally back up over $1, and has seen a bunch of strong plays since posting its strong earnings report. Although I'm a bit skeptical for any long-term plays with this, I'm expecting another 'pumped up' morning run with this stock today. Also.......
COINBASE:ETHUSD Before calling it quits last night (NY Eastern Time), I stated that ETH would not 'organically' climb up substantially. Trading @ only ~50k in volume for all of Sunday, my logic was sound. Low and behold, I placed a stop limit buy order (just in case) @ $301 and an alert at $310. Alarm goes off and I wake up to 'whale pump' which more than...
COINBASE:ETHUSD Pennant on ETH is indicative it's heading down (IMHO). Why? 1) ETH is trading less than half the volume it was a week ago when it hit 320. 2) Segwit2x news readying to impact crypto land the 22nd of August. 3) ETH is highly correlated with BTC for now, which shows a rising wedge on the 4 hour chart. 4) The typical 'quiet before the 'dump'...
This appears to be a clear rising wedge on BTC's 4 Hour Chart. Short down to 3300, and buy back to long with target of 4750-4850. I also suspect ETH will likely take a nice dip down to re-test 270 as well. Disclaimer: I'm not an expert, but I am consistently profitable. I buy low, sell high, bet big, and avoid risk exposure due to over trading. I can be...