sombtcbarron

sombtcbarron

Common knowledge is ALTS price action is based of BTC and what it does. So knowing this if BTC keeps testing the 8K mark and stays stable we should see this trade come to fruition. When BTC is stable = ALTS stable. BTC down = ALTS up Fundamental sky is looking calm, stable with nothing *known* coming up to shake shit up. TRX is coming towards a breakout point...

sombtcbarron

BTC has bottomed out as it seems with the help of yesterdays bloody monday across everything finance and the now past SEC hearing on cryptocurrency. If you missed it the SEC hearing was positive. Time marked on chart. So from its bottom out BTC is following a new bull trend with clear fundamental skys - not a FUD cloud in sight. Marked in the dotted red are...

sombtcbarron

BTC is bleeding everywhere along with everything finance today. BTC is continuing to lose to the bear battle and creating sharper bear trends. Clear channels showing between dotted support and resistance lines Greenline is bulltrends from December bullrun Redline is current bear trend following.

sombtcbarron

ETH

sombtcbarron

Hey guys, Thought i'd share a trading idea- Gooooo loooooong!

sombtcbarron

Resistance/support lines outlined in purple ETH has been following a strong bullrun channel which it has been following with the help of BTC stability

sombtcbarron

Bored at work so I thought I would slap this together. XEMs performance is hinged directly with BTC at the moment. If BTC stays stable XEM will reflect stability also Is XEM going to find its original bullrun trend?

sombtcbarron

Hey guys, TRX has been taking a massive beating since its hit its all all time high wit the help of FUD and weak BTC performance. What you see here is the following: SR lines are marked in blue Bright Green lines are past trendlines Dark Green line is current trend Green Flags are breakout points The two circles show TRX coming into a squeeze where volume...

sombtcbarron

Just having a play around with basic trend lines & support/resistance lines. Tried to play out a trade. Target 1&2 is sitting on a defined support line. Following new trendline. Target 3 is placed at ATH level MACD is indicating (late) a bull run supporting my theory. Have I got anything wrong? What are your thoughts?

sombtcbarron

As you can see I have mapped out some clear trends that BTC is following. First movement will see BTC creep slowly (only slow if volume stays at its 28 day average) up to the 13.8K mark from there it will be knocked down to the 9.2K mark. Theory supported with Fib levels on the 1HR chart range. Thoughts?

sombtcbarron

BTC has a bear battle coming ahead with clear resistance lines mapped. Apologies for the rough graph. It is my first.