joeyvalentino

joeyvalentino

Possible strong psych support at .48600 basically zone to zone action in confluence with a respected trend line assuming ripple continues to maintain bullish momentum.

joeyvalentino

I found it very clear that 112.700 held well in recent and past data. i am shorting UJ to around 112.400. however because i know UJ loves to overextend and wreck your soul, i have extremely tight stops that give room for wicks but will immediately take me out if the setup fails. this is a very short term intraday short. also i spy a potential elliot wave pattern....

joeyvalentino

On the daily chart i noticed some solid trend support. Im going to wait and sit back on a good short entry to take UJ down some more I like the highlited sell zone because it has confluence so i can leverage my entry and keep my stops pretty tight. and ideally i would buy when price holds trend support. tight stops and leg in.

joeyvalentino

This is the ideal setup i am waiting for on UJ. keep tight stops, if the trade fails it fails. but also be wary of fakeout breakouts.

joeyvalentino

I see this is a strong trendline break and retest. doesn't seem like a fakeout breakout. keep tight stops, if the trade fails, it fails... no need to hold onto it. if price begins to drop i think it will slow down around tp1 and then you can probably take it to tp2

joeyvalentino

I only trade consolidation when it reaches a clear and apparent support or resistance zone and/or trendline. so i will be patiently waiting for this one to setup. also super tight stop but wary of stophunts as always. short term buy.

joeyvalentino

trying to publish this but the trade is playing out. i am twin trading it. sell

joeyvalentino

pretty simple setup, waiting for it to present itself, be patient and wait till the trend line is touched. keep a tight stop, although be careful because ETH can throw wicked stop hunts.

joeyvalentino

quick and easy short, rejection at resistance. keep tight stops

joeyvalentino

Im calling a trendline break right here. I will enter a long position on the pullback or retest. if it holds play it to the upside. not sure what it will do once it reaches the next key level but roll with the punches and play the trend. whether price decides to continue to gain strength or it rejects at resistance and breaks down, we can definitely catch the...

joeyvalentino

I have a strong bias towards a short on ethereum as far as technicals go. but i am not going to call it yet, i think that just like BTC and XRP price is gonna dip once more. we saw XRP tank earlier yesterday. Just an idea. waiting on the setup to happen though.

joeyvalentino

Simple Technicals play, keep your stop right and leave room for stop hunt. pretty simple. no fundamental analysis involved.

joeyvalentino

I perhaps foolishly believed that the dollar would top out at range and i had believed it would range back down. However the dollar has strengthened and if it holds this trend through tomorrow and Friday this could be a good sign of continued strength in the dollar. plus Friday is NFP... keep an eye out on a spike in price. as this happens we will expect to see...

joeyvalentino

Divergent Double Top, reached the .618, overbought. im selling with tight stops

joeyvalentino

I personally love the .618... the zone holds strong resistance, and of course that's a nice place to be at on the fib. also notice very strong divergence on the TDI. Keep your stops tight, because if it breaks and holds, its over

joeyvalentino

Elliot Wave Setup is completed. Simple Double Bottom in what i believe to be a strong area of support so i am looking for at least a short long. simple as that. keeping my stops tight if it happens to fail and breakdown

joeyvalentino

GJ broke the channel came back and retested with a strong bullish candle off the supply zone. I am looking for that 5th wave to form although i do think the setup is just a bit premature. however once the 5th wave forms we would see daily divergence on the TDI. this would ideall be a good signal for the beginning of the corrective ABC waves. however I want to see...

joeyvalentino

Needless to say as i predicted yesterday or the day before, price could not break key market structure. price exhausted, rejected, broke channel, and i think this is the retest before price falls a bit more. This will drag Ripple down as well.