RVN/BTC Hit a major support level, could see a bounce soonSee the 4H chart first:
It seems RVN has hit a major 4H support block within the optimal fib buy zone.
Now if we look at the 1H chart, it seems that we're currently trying to get above this resistance level. Once we do, it should provide us with a retrace into it to retest as support and if bullish, we should see the attempt to take out the previous high.
Trade wisely.
ALT
EOS/BTC Looking WEAK, possible bloodbath comingAs it stands, "Ethereum Killer" has seen better days. This recent dump has broken some previous lows, we got a nice retrace back to fill up the empty spaces and retest the 4H pivot level as resistance, and it seems to me it's going to try to take those lows for now, or maybe reach for even lower lows.
Trade wisely.
QKC/BTC Watch these 2 levels for a retrace before new HIGHS!We've made a higher high, which is a good sign, now we have to retrace before attacking new highs.
I have this gray 1H block and the red pivot level marked as possible levels that should hold as supports right now.
If we bounce from there, there's the next target marked as the yellow line which is a previous high.
Trade safely!
DOCK/BTC in the optimal BUY zoneWe're inside a 4H breaker currently, retesting it as support again, and also a nice fib retracement zone.
If we bounce from here that would also be a higher low and a good bullish sign for further expansion upwards.
If you look below you can see that we bounced from an important daily pivot level too.
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Colors I use for a more organized chart:
15 min - Cyan
1H - Gray
4H - Red
Daily - Green
Weekly - Orange
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Some terms I used:
-Bullish breaker - an orderblock (a green or red candle, in this case green) that preceeded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support.
EOS/BTC Sitting at support, awaiting clearance for lift offLooks like we made an SFP and are now sitting inside the optimal fib retracement a bit lower than I would've liked but this seems like a good pivot support + 1H breaker confluence.
For better odds in this trade, wait for a break in the market structure on lower timeframe and enter on retrace.
Around 3.8 R/R as it stands now, not bad.
- Bullish breaker - an orderblock (a green or red candle, in this case green) that preceeded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support.
- SFP - Swing failure pattern - a candle formation where the price takes out a previous swing high or low, but returns under/above it before locking the candle. Under the right circumstances it can signal a reversal.
LTC/BTC Heading towards ideal retracement before another waveWe've broken some previous highs which is very good.
I don't think we're done with the retracement yet until we hit at least some of the fibs in my chart.
In case we take off sooner, I'll update the idea.
Bitcoin is a bit dumpy today as well. Be careful with that, it like to take alts down with it.
INS/BTC UPDATE - Dumped with BTC but jumping back to life againSo far INS has dumped because of BTC, but looks like it found new support below our buy point and emerged back up.
Still hasn't hit the original stoploss. Pretty sweaty trade so far.
This is an update to my previous INS idea:
ARN/BTC Reloading for near-term conquestAfter the retest the white pivot line which rests inside the optimal fib retrace zone, I expect ARN to move and try to take out the highs outlined above. If it does take off, I'd recommend taking some profit at each of those levels.
GVT/BTC Starting another wave, aiming for highs!We got the ideal retracement so far and touched that order block which sent us to those initial highs, and we have made a local higher low which is a nice reversal sign.
Now all that's left is to wait.
If you want more confirmation, wait for 15 min break up from this cyan line and enter on retest, that should be an additional bullish sign.
ARK/BTC DAILY VIEW-Support/resistance flip, could take off soon!Looking at the daily, the price seems to be making higher lows and the level that was continuously tested as resistance for a whole month should now act as support for at least some bounce.
If it takes off for real, it could very well go for one of those resistance levels.
PAX/BTC Breaking resistance, possible buy on retestPushed pretty nice up the resistance, now breaking through, it may go a bit more up but better to buy on the retest if it happens, much better chances.
It's probably going to attack the previous highs after it.
INS/BTC Heading towards optimal support before pumpingNeeds to retest that previous resistance which falls within the optimal fib range (betweeen .62 and .79).
After that I hope it attacks that high again.
GO/BTC Targeting previous highs for a 15% move!- Break in market structure
- .705 retracement
- Pivot level retest
3 factors for a nice 3.5 R/R setup right here, with a stop below previous low, worth playing with decent risk management.
ADA/BTC Tactical analysis / Buy opportunity-We have bounced on a major weekly support, and have made some higher lows on the daily.
-We broke the previous high on the 4H and started retracing.
-Should see the .705 retrace to that 4H breaker and attempt to break the next resistance.
Daily view:
Terms:
-Bullish breaker - an orderblock (a green or red candle, in this case green) that precedes a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support
Colors I use for a more organized chart:
15 min - Cyan
1H - Gray
4H - Red
Daily - Green
Weekly - Orange
NANO/BTC - Long after breakout!Hey guys,
Take a look at my idea,
everythink is on the chart, now we only have to wait for breakout!
*Do not take as a trade advise
EOS/BTC clear path ahead to 8900 areaNice breaker there on the 4H chart, seems to have been retested and ready to fill the void to the left.
In case that the breaker fails, there is a bullish block right below it as backup, but I'm hoping it doesn't come to that.
Nice 3.5 R/R setup here.
On a side note, if it takes off soon, it would be a good idea to take some profit halfway to thegoal and keep moving the stoploss in profit.
YOYO/BTC YOYO daily chart ichimoku strong buy signal.
Consolidating below resistance; expecting break out soon.
Chikou sen almost breaking above cloud to strengthen the buy signal even more.
Buy 520
S/L 485
Target 800
POET Getting ready to slam the old highsLooks like that resistance was finally broken AND retested as support. If we keep making higher lows like this I believe the next target is the old high for the near future.
AION/BTC slowly starting to recover from a long downtrendHigher timeframe (daily) looks like it gained support and has been consolidating for a while.
1H Timeframe has us wicking to that support (lower block/breaker) and attacking the higher block for some time now.
IF we break up from that block (lock above), a viable buy strategy would be on a retrace to that same block, while targeting that void (explosive move that left no resistances), and maybe top of the range as well.
RVN/BTC Bullish action round 2That first idea yesterday has gone well, it was smart to take some profits at that resistance block which it hit perfectly.
Now that we've retraced a bit and are finding new support, we should make a new attempt at that resistance, maybe wick even higher, and if we keep pounding it we'll eventually break it!