I hope that is correction, not the beginning of the downtrend. We all love skyrocketing cryptos. until 7725 holds, dynamical wave down towards 38.3 Fibo or lower is possible.
I can set this pending order. RR around 4, 1% of trading capital.
That is the question and it's hard to answer. Or maybe this was only fake pump before deeper dump (under 3000?). Very risky situation for traders. I am confused. i hope that this will be only correction, not the beginning of devastating dwontrend.
But "annoying coin" description is still valid, with such velocity of moves:)
I think this analogy is possible to occur, but there is also some crucial resistances on the chart as well (10000, 20000) and many small obstacles on the way (price manipulators). June/July 2019 first chance for new ATH if not December 2019/January 2020 (with lows on stocks market). If all this is fake pump&dump however, Bitcoin should make his new low under...
and the market was right:) The attack on the downtrend line was valid. But my rule was not to make x2, x3, x10 or x20 like in case of BTC, so i hope that sonner or later the chosen by me altcoins will follow the flagsip;) (x100 or x1000 taste better than x10). Now is hard to even to estimate, when and on what level this upmove will end. I hope for new ATH in...
Yep it's visible. Target not reached from previous idea. The whole altcoinmarketcap is annying too, when Bitcoin mkes brave moves up. So maybe i'am closing 75% of my speculative position here to early (25% without stop loss goes to my bag), but better that than risk to close wit greater loss under 3.5cent.
There is some possibility that market can try here to make another huge wave up, as analogy to the history of chart (BTCUSD). But is this playable? I think if yes, the trader should now accumulate few altcoins (maybe 10 maybe little more) on arbitrage basis (accumulation fast for free), because there are some risks that this "wave 5" will not occur, but if it...
in last few hours but until price is above 5 cents, all is ok for position from ma previous idea for XEM. Market makers will decide where it will go. However longterm i am still very bearish for whole crypto. Bear awaits cheap XEMs in this case (1 cent or lower will be extremely cheap).
Now my targets are 10 and 17 USD (for 40% and 40% of the of the whole entry)
attack on the blue line will be false attack. Another one dynamical wave down should occur in April/May.
Only for learning purposes! Target 2940, SL 2785
that this bessa is over, but... SL in mind TP minimum 10cents, money management - 3% of trading capital.
Publishing to check it out, if this "prophecies" will fulfil or not, just of curiosity. I am using my own knowledge only in the field of astrology. 2018 (from now to the end of this year), 2019 - whole year Whole cryptomarket capitalisation- 2018 there will be pump but not much profitable (limited in nature)/ 2019 - will do new dip or dips, temporary very deep,...
I wrote: "Publishing to check it out, if this "prophecies" will fulfil or not, just of curiosity. I am using my own knowledge only in the field of astrology. 2018 (from now to the end of this year), 2019 - whole year Whole cryptomarket capitalisation- 2018 there will be pump but not much profitable (limited in nature)/ 2019 - will do new dip or dips, temporary...
this pure coin. But pump&dump here can be profitable. 50% of entry now @3$ (for 0.5% of capital), 50% little later if new low will be formed before or around 23 November. Targeting x5 or even x10 pump in this case. No stop loss. If it will go much lower this will be simple longterm hold. I have entry in Aragon too coinmarketcap.com @0.75 similar to Zclassic...
so i get 50% of planned entry for November @9.6cent and another one half if some unexpected turbulences will occur @6.3cent. For 2% of my capital. XRP does not want to retest his last significant dip @25 cent (from my last prognosis) so i choose only XEM. For other junkcoins i have no time to analyze. Maybe Nano, Verge, Tron, Cardano and Stellar have some chances...