Sharing my quick thoughts on BITTREX: PTOYBTC - not only do I love this coin fundamentally, but I do see some nice indicators using the Ichimoku Cloud Trading Strategy. 1HR: - Bullish TK Cross - Bullish Kumo Twist - LS at/over current price - Price above cloud These indicators, as well as the recent, low volume accumulation SCREAM bullish to me. Expecting a...
A small update on my first chart idea. Unfortunately, BTCUSD taking a dump killed our momentum and dropped us below the trendline. We seem to be making a small recovery, with strong support around 0.0091 BTC. Keeping an eye on it, could have a nice E2E trade on the 4HR, should lead to a bullish TK cross (albeit it'd like be inside the cloud = neutral signal) and...
Hi all! New to this, just trying to publish some (very) amateur TA thoughts and review/reflect in a couple of days/weeks. My thoughts for XMRBTC as follows: - Potential E2E trade on the 4HR Ichimoku Cloud. - This could also make for a breakout of the current trendline, likely around 0.016. - Bullish TK Cross ~1 day ago. - Bottomed out on the StochRSI (4HR). - If...
Potential leg up coming for DCRBTC. Strong support around 0.0104 - little resistance on the sell side up until ~0.0112. Failing to break this wall could lead to a small retrace, but not for long IMO. Nice possible E2E trade in the cloud on the 4H chart - target there would be 0.0123.