drjimbeam

drjimbeam Updated 

Just saw a massive break-out in BTS. Had been following it for a few days but missed it as I was busy revenge trading another token, LOL. Looks like a bullish pennant is forming with break-out target aligning perfectly with my mid-term trendline as well as the fib levels at ~420sats. Update when I enter the trade.

drjimbeam Updated 

Looking at this setup to mature for a fresh entry. Going to run this trade without a stop loss. The last blip has set us up for a big move to 4267 sats. Waiting for break-out out of this wedge and retest before entering. Update if and when I do.

drjimbeam Updated 

I am entering here since break-out has been tested. I am looking for something like this to unravel within the day. Does it have to happen like this? No. Target: ~2200 sats. If you are seeing another pattern, chime in!

drjimbeam Updated 

Target at 0.618 fib. Also creating a 'W' on the 4H confirming uptrend scenario. We might touch 13000 sats but I prefer to be conservative. Keep securing profits along the way and/or raising stop-loss to ensure exit in profit even if the setup breaks down. Any altcoin trade is a high-risk trade until BTC decides direction and TFUEL dumps faster than any other. G'luck.

drjimbeam Updated 

DYOR. Target- 3677 sats. Secure profits along the way.

drjimbeam Updated 

Small cap altcoin. Promising project. This is a long-term hold for me. Risk management is key. I have adjusted the trend line . We broke down briefly yesterday when BTC was falling but are back on it again. Facing some resistance at $3.2 after which we face psychological resistance at $4. Once we cross that, we can secure profit in the resistance zone marked by...

drjimbeam Updated 

After we broke out of the descending channel TFUEL was in since hitting the high at 15410 sats, we built support at 10400-10800 sats and proceeded to break through resistance at 11200 sats. Secure profits at 0.618, 0.786 and 1.0 fib levels while BTC is stable. Given the volatility in the market, securing profit is essential. Good luck.

drjimbeam Updated 

Broke out of descending wedge, hope to see $5 soon. I am not a trader, just a newbie learning the ropes. Feedback appreciated. Wait to enter after we break resistance and retest at $3.2.

drjimbeam Updated 

Disappointed to see TFUEL break the trendline we had been siting on. Failed to break out of the short-term descending channel forming since hitting latest high at 154xx. Was hoping for another leg up. Exited in slight profit. I am a noob and this is my first analysis, would love feedback.

drjimbeam Updated 

Can buy now and sell at the yellow dashed line, a trade of about 5-6% or hold and wait for it to re-enter channel. Or buy once we have re-entered channel, then wait to take ~27% profit. Will update once I enter the trade. Don't forget to use stop-loss if entering now. Risk management is key. Good luck.