As you know, all cryptos just had a dump At this point, i am waiting for a tradable pattern whether its bullish or bearish, makes no difference to me I am watching EOS in particular due to its very high trade volume and volatility From my experience, the patterns i am looking for take around 2-4 days to form, so I will be waiting another 24hrs before making any...
some sort of pattern will form in the next day or so Whether its bullish or bearish, time will tell I practice reaction trading, hence once a pattern and subsequent breakout occurs, i will enter a trade this 20% pump was a result of coinbase listing a similar chart occured when ZEC was listed to Gemini - the ZEC chart had a similar 20% pump, followed by a...
broke down out of uptrend channel, could be the beginning of the C wave of the ABC elliot wave correction
Channel forming on the upside after breaking out of downtrend resistance added to my watchlist, waiting for this channel to continue or a tradable break
USDMXN coming down strong after a nice run up. I expect a bounce from the up trend line This bounce may then form a head and shoulders pattern, taking us down below the trendline I am not currently entering any trades, and this is purely a hypothetical situation However i am waiting for the trendline to be broken, whether by H+S or otherwise. This will be an...
pennant forming, awaiting breakout or breakdown
short trade if XRP breaks below trendline with an increase of volume MACD also about to turn bearish
expect a steeper uptrend channel to form
rising wedge uptrend channel has not formed yet so i can see short play if the wedge is broken
looking for a breakout of the downtrend channel here Strong breakout should suggest continue of uptrend
cheeky breakout on 1hr expect around 10% return. may hold to 20% if vol increases
broke downtrend channel, expect uptrend to continue
BULLISH: -broke out of falling wedge -50 MA about to cross above 100 MA -Bullish MACD cross BEARISH: -rising wedge on smaller time scales -low volume -two strong resistance trend lines to break
keeping an eye on XMR. With the recent pump of Z Cash (another privacy coin), i expect Monero to also gain traction soon