We are creeping towards medium term support on ALGO's ascending channel, as well as a significant fib level acting as support right where we expect a bounce around 2,130 sats. I'm setting a stop loss below the local dips the past few days, incase there is a flash crash. Looks good on the 4H, I can see a bullish crossover forming and flipping from bearish to...
There is a major bull pennant forming on the 1H chart for BNB. As the price is consolidating, we can see the MACD starting to flip bullish which makes it more likely for an upwards break. Let's see where it goes from here.
Currently looking at an ascending channel on XVG/BTC after the rollercoaster it was on a few days ago. Verge has consistently bounced between support and resistance recently and I have a feeling it has another run up left in it before potentially moving back down. Additionally the MACD is starting to reverse to form a bullish crossover and we can see that buying...
Currently keeping my eyes on a good entry for EOS/BTC, as it looks like the correction is now reversing. I’m aiming for buys between 820-821. I think this has potential to go 900 sats again in the near future. Letting the coin correct a bit rather than buying in right now, but the 4H is looking very juicy. Entries: 820-821 sats Stop Loss: 795 sats (3% loss...
DUSK/BTC is looking slightly bearish in the short time frame, but could be a great scalp on this pullback. Falling back to the support level at the 235-240 sat range is a great entry point. I am setting a stop loss on the 1D support/resistance the past few weeks. Entry: 230-245 sats Stop Loss: 225 sats Targets: 270 - 290 - 315 sats
After a major Bitcoin climb ADA has seen a decent pullback, like most of the altcoin market. It is now time to take advantage of the opportunity and accumulate some cheap ADA. So let's take a look: Right now on the hour we are looking slightly bearish, so I think we can get a lower entry and I am aiming for 1,400-1,480 sats. The 4H looks like it is about to flip...
Currently looking at a bullish crossover on the 1H MACD forming that is too tempting to ignore. RSI is beginning to move out of oversold and I saw a few large accumulations on LINK/BTC this morning. So why not take a very small risk trade, our risk factor is a small 2% loss for the potential of hitting 10%+ in just a single day. I think we can atleast hit one...
On the 1H we can see some bullish divergence on DOGE/BTC. Currently TA looks slightly bearish but indicators are starting to flip. This gives me faith that as the price is dropping, more people are accumulating. I will be making a risky trade for some potential quick profits. Entry: 89-90 sats Stop Loss: 82 sats Targets: 98 - 114 - 142 sats
Taking a closer look at XLM, the 1H is looking great. We are currently in an ascending channel with a great chance of breaking above resistance around 990 sats. Currently still sitting on our 940 entry for the other chart, I can see us hitting 990 sats within the next 24 hours. From there the targets are still 990 - 1,100 - 1,300. Good luck my fellow traders!
Looking at the daily chart on XLM/BTC, it looks like we have one more good run left in us. I am making a risk trade to ride this for a good 10-20% profit since the data looks good. Doing a fib retracement of the last pump I am setting my targets at those levels of 980 - 1,100 - 1,300 sats. I will be entering here at 940 sats. Setting a stop loss at 915 - a close...
Not going to lie, EOS/BTC is looking a bit bearish right now. But so does the rest of the market - unfortunately that is the nature of Bitcoin moving a lot. However although we fell below support on the ascending channel, EOS/BTC has been fighting hard to get back above what is now resistance. I think this is a risky trade I am willing to make, entering here at...
Right now SC has been following a similar pattern to DOGE. There have been some massive buys and the downward movement seems to have flipped around. Enough hype might bring the price to around 24/27 sats, possibly even higher. On the 4H we can see a bullish crossover happening on the MACD with some increasing buying momentum. Putting a small trade into here at 22...
Right now on the 4H we have an ascending triangle with resistance around 34,250. That level has been a pivot point over the past two weeks and following Bitcoins crash overnight we can see it struggling to close a candle above the resistance level. We can see the bottom of the candles getting shorter and shorter which gives me faith, as well as this pattern...
I am reloading into DOGE on this bull penant. The price is squeezing hard and a lot of buys are still coming in, with bids holding huge walls. With the momentum and hype surrounding DOGE we have potentials for another climb. I would say this is a very risky trade, but worth the potential high returns. Entering at 130 sats here with a tight stop loss at 118 sats....
The Ethereum/USD chart has been very interesting the past few days. We have consistently closed candles both red/green with this ~$1,380 level, with the psychological barrier of $1,400. That failed to hold today, so I think we will see some more steam tomorrow. That being said, it has still been holding strong and outperforming Bitcoin so I think there will be...
I have been watching RDD for the past month as it has been slowly moving down this falling wedge. I observed that around the 3-5 sat range sell offs started to slow down. The bid:ask ratio has been very against buys right now, until today we almost have reached a 1:1 ratio of bids:asks. I saw a huge influx of buys today (0.5 BTC+ orders) and have been slowly...