meatman00

meatman00

BTC has been ranging for weeks and we look to be building a base with strong support under $7,000. Looking for a buy and hold long position up to $9,200.

meatman00

BTC looks to be posting a reversal pattern and ending its wave 1 move. Usually we should anticipate a 50%-61.8% correction of the move higher and that is where I see prices heading. This will be an important accumulation area where we likely range for a while. In this area we may see some decent opportunities to long beaten up Alts. Be patient, better prices will come.

meatman00

Accumulation/Consolidation followed by large moves higher, get in on dips and fasten your seat belts.

meatman00

Stop loss with daily close below the low of 7/3

meatman00

Follow me on Twitter: twitter.com AMZN has been in a volatile trading range for some time and it is now testing the upper end of the range, last time we had a sharp rejection after an initial break out. Looking for AMZN to hold the breakout, possibly retest $1930 before propelling ahead to my TP targets marked in the charts. Still a high risk reward trade, No...

meatman00

Looking at the BTCUSD chart on Coinbase where most of the retail buyers purchase their Bitcoin. A few things become quite clear: 1) Huge volume near the all time highs. The huge surge in interest and popularity resulted in retail buys of Bitcoin at inflated prices. If you look at other charts from more professional trading exchanges the volume is much lower. 2)...

meatman00

This is how I see ETH: Breakout of flag consolidation, confirmed heavy support of 200EMA. Potential target at $1,150. I have a stop loss in the flag. Good luck traders!

meatman00

Target 1 - Retrace to $7700 Target 2 - Neckline of Inverse Head & Shoulders ~$10k Upon confirmation of Inverse Head and Shoulders expecting price to test strong resistance at $11.7k