surfingman_86

surfingman_86

Hi Everybody. So to begin please read this whole idea, this is what I truly believe is going on in the market and we will feel this downturn for sure. We were already about to go into a bear market anyways, but COVID-19 was the catalyst that sped it up. lets talk fundamentals first. - Unemployment. Currently more than 40 million Americans applied for...

surfingman_86

ETH looks like is going to break down to the downside. I believe ETH to reach $400 before EOY but right now it looks like bearish to me. After this bearish setup plays out I am sure the year ATH will be surpassed. HAPPY TRADING!!

surfingman_86

Here is a great chance to short bitcoin as it looks like BTC will be losing steam. Here in the graph there are three price targets with stop losses. The 3rd target looks like where the right shoulder will be, the inverted head and shoulder pattern is a strong pattern. This is a high probability trade. Once the trade is close its smart to buy as much BTC as you can...

surfingman_86

ADA has been inside the channel for almost 2 years like most altcoins. Once ADA manages to break above $0.09 it will go up, then retest the top of the channel line and take off to the moon from there. Accumulation during this time has been crucial for the anticipated move to the upside.

surfingman_86

Neo inside the channel for almost 2 years. A lot of the large cap Altcoins have the same pattern. they have been trading within this channel for a while. Once NEO breaks the upper line of the channel the move will be violent. I will not be surprised if we see a $1000 Neo 2021-2022. Happy Trading!!

surfingman_86

Nuls has been trading inside this channel for almost 2 years. I can see Nuls breaking out of this channel late this year early 2021. Once the channel breaks to the upside, I see Nuls going back down to retest the upper band, bounce and take off. the move will be violent and price appreciation will happen in a matter of months. Nuls is screaming a buy here within...

surfingman_86

Monero like LTC and ETH have been inside this channel for over 2 years. Great time to accumulate. Once Monero breaks out off this channel the move will be violent to the upside. really exciting times coming. Happy Trading!!

surfingman_86

Litecoin has been in this channel for almost 2 years. I really don't expect litecoin to go touch the bottom line of the channel again but once we breakout to the upside the move will be violent. There is heavy accumulation going on in litecoin also Ethereum is inside the same channel. Until this channel is broken LTC will be range bound. great time to accumulate...

surfingman_86

ETH has being inside this channel for almost 2 years. Until ETH does not break out of the top line of this channel it will be range bound. The accumulation zone is huge from $80 to $340. if you are a HODLER as long as ETH is inside the channel keep buying. ETH has been in this range for a long time, once it breaks out the move to the upside will be violent. I...

surfingman_86

ETHUSD is inside an tight ascending triangle inside of a bigger triangle. I expect ETH to make a violent move soon whether to the upside or the downside. MACD and RSI point out bullish. Targets for both long and short are in the chart. I am leaning short because if ETH follows BTC which is in a triangle to the downside(tagged below) I expect BTC to go down before...

surfingman_86

ETH/BTC is in a large triangle and price has respected both the bottom and top line to the T. I expect the price to bounce off the bottom line Aga which gives you a chance to shorted but then I expect the price to breakout to the upside. The best way to play it is to wait until price breakout of triangle then play it short or long. I am biased to the long side....

surfingman_86

This is a long term play for Bitcoin. It could be shorted to the bottom of the triangle then go long once it hit the bottom of the triangle that is a viable trading plan to accumulate more bitcoin at the end. I see Bitcoin exploding out of the triangle before the end of the year. Once that happens Bitcoin will resume its uptrend. This strategy will canceled if...

surfingman_86

THIS TRADE IDEA BRINGS GREAT R/R.

surfingman_86

THIS TRADE IDEA GIVES GREAT R/R.

surfingman_86 Updated 

THIS TRADE IDEA PROVIDES A 4:1 R/R OR 5:1 R/R. IF PRICE REACHES ENTRY DEFINITELY WILL EXECUTE. KEEPING GREAT MONEY MANAGEMENT STRATEGY IS THE SAME AS HAVING AN ENTRY AND EXIT STRATEGY.

surfingman_86 Updated 

AUD/CHF IS OFFERING A GREAT TRADE IDEA IF THE PRICE DUMPS TO ENTRY PRICE. PRICE CLOSED ABOVE BASE. GOOD R/R. LOW PROBABILITY THAT PRICE WILL HIT ENTRY BUT IF IT DOES THEN TRADE IS IN PLAY

surfingman_86 Updated 

USD/CHF IS PROVIDING A GREAT IDEA WITH 1:6.6 R/R IF STOP PLACED IN LAST SWING LOW OR 1:2.5. PRICE BROKE THROUGH THE BASE WITH A STRONG MOVE TO THE UPSIDE. EVEN THOUGH I DONT USE MA MUCH, IT DID CLOSE ABOVE THE 200 MA WHICH MEANS THAT IT WONT HAVE ANY RESISTANCE FROM MA'S. THIS TRADE MUST LIKELY TAKE MORE THAN 4 WEEKS TO UNFOLD. HAPPY TRADING!!

surfingman_86

EUR/USD is providing a great setup for a trade. its been really oversold, and it just started to bounce up. it had a low swept and last candle closed above the base giving us a trade alert. this trade has a great R/R @ 14:1. I think this trade is very likely to succeed being that the pair is extremely oversold unless an unforeseen event happens. happy trading!!