philocrypt0

philocrypt0

I was going to write before, but like most people I was shocked by the sudden plummet of BTC on March 12th. The truth is I sold that night before. Considering how BTC was acting in relation to the stock market, I thought it was a sign that people were moving to cash to position themselves better when stocks bottomed out, but I couldn't have guessed it would move...

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I posted a similar idea at the top of the market that got stopped out but still played out, and now we see a similar setup. Google posts three consecutive green days on very heavy volume, and each day fell well short of any close since late last year. I see this as a clear sign of distribution and expect it to lead to a big dump. My idea is to short at 1260 with a...

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The sky is falling! Short, short short! I think many short signals could manifest if the current situation continues to exasperate, but now it is too obvious. Everyone sees the massacre and everyone knows coronavirus is the cause and everyone thinks gold is a good buy, right? Unfortunately nothing is for certain in the markets. Some people see it as a dip, not a...

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F and FCAU post death crosses and flirt dangerously close with major support. We'll see how February closes out with the ugly opening to the week. Stop loss at $8.10.

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Price breaks down .5 fib line which has acted as major supported going all the way back to 2016. Idea to short at .835 with a stop loss at .84 and a target of .803.

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Google closes lower on a big volume day, a sign of distribution. Many leading stocks have shown recent signs of similar weakness and I believe it´s a sign we are near the market top. With a breakdown of the trend line I´m targeting 1180 with a stop loss at 1515.

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Looking for strong break up past previous highs toward .5 fib area around 128.

philocrypt0 Updated 

Brexit is causing volatile market conditions with deep, quick moves. USD/GBP failed to reach the previous swing high and now is showing acceleration toward the major support around 0.75. There is confluence here with multiple Fibonacci levels and convergence of a long-term up trend support meeting short-term down trend support. I believe the fib levels will be...

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Hey everybody, very excited to see crypto markets finally showing signs of a bottom coupled with steady, good fundamental news coming out recently. I took a step back from trading the past year as I'm new to trading and didn't feel comfortable engaging in my first real bear market. During that time I asked myself whether or not I could realistically integrate...

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Tesla stock appeared to break the downtrend line a few days back at the end of a symmetrical triangle. Shortly after a hanging man candle was posted and prices quickly reversed to break back through the downtrend and then through the uptrend line of the symmetrical triangle. This is in line with the trend of the Ichimoku cloud as prices and lagging span remain...

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Bitcoin broke through the short term downtrend line with cross of the 20 and 50 day MAs. After a pullback a pin has been posted on the daily chart piercing the 20 day MA and that same downtrend resistance-turned-support. I believe this could be support for a run toward $5000. I do not believe the long-term bear market will be reversed until BTC can break through...

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Since reaching ATHs at the end of last year the crypto market has been in a steady decline. DASH is one of the first coins to potentially break its downtrend line of resistance. If we can post a strong candle above the line by the end of the day I believe it will be a good indication that the coin has turned bullish. If it closes above $400 I believe we will see a...

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Last call for cheap ETH; if this support holds I suspect ETH will break out of this triangle and follow BTC up. Stop loss at $430 and take profits at $550. Please see my last post and be weary of the possibilities over the next few days and coming weeks. Happy trading!

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I have not been trading for very long and I know very little about how markets behave. I was fortunate like many of you to come into the crypto space at an early stage. I have learned a lot about trading, especially from this community, and I thank you all for that. However, over the past few weeks BTC has defied over and over again my expectations and TA. I have...

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This idea is a bit premature, but I think BTC is showing good potential for a reversal. We have a double top formation and (premature) bearish divergence. The price has been driven up recently by speculation and new money coming into the market, and because of this we can't rule out a continuation of the uptrend. For the risk-takers though this might be a good...

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Hi all! Happy Thanksgiving! I was quite busy over the holiday and the markets have been crazy recently so I’ve been mostly watching from the sides. I think now we have some good signals to work with. During this last correction ETH went down and bounced off the uptrend line, and then followed with a bullish engulfing candle. Since then it has moved up through the...

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DASH is knocking on $800s door again. If we see a clean break and candle close above $800 I think we will have a good signal to buy. $1000 is a big psychological barrier and would be a good spot to take profits.

philocrypt0 Updated 

VTC has broken its previous ATH/resistance. Indicators support upward movement and volume is good; I think it is a good signal to buy. Take profits around whole numbers; $7, $8, etc. I think this coin has good potential and will be holding most of mine for future growth. Stop loss if it falls back under resistance-turned-support.