wedged bear, usually has breakouts to oposed direction. The breakout stoped at the top of our speculated lower trading range. ~65% chance going to 3800 again and 35% chance going to 4100 In my view it was a very standard correction in a bear trend. the biggest concern here is that some algorithms spect a measured move down to 3543 and that would break the last...
#LTC Short setup from 0.00803 level. Good entry now at 0.00796 for the second leg. Suggested SL: 0.00811 TP1:0.00788 TP2: 0.00781
We are goin close to this triangle/wedge 3rd touch both sides that usually ends with a break... i believe there is a small higher chance to break to the upper side, but who knows? I dont know. So main trade gonna be to wait that break to be confirmed either side and long/short accordingly.
#ETH just entered short on #BTCMACHINE .... in the picture some theoretical SL and TP targets to take: Entry: $117 SL: $123.3 TP: $110.4 and $104
Not shorted yet for this retracement but btcmachine exited and the price went outside that channel too, so possibly short term bearish now
Two well defined interest levels to watch today
Sorry the noise, but i'm trying to speculate main next convergent zones being 4650ish for bulls and 3950ish for bears. the nature of convertions and distance from current price make the shorting bet being less risky (and therefore higher probability). So i tend to agree with btcmachine view and speculate a target around 4000k thats is also a psychological support
Unfortunately it's still shorting it here ... hope this red ends soon
Almost 200% profit in one week using 10x leverage. Contact me to sign up for the BTC Machine Indicator. (available for 0.05BTC per month)
#BCH on Bitmex. Long 0.05 or above Targets: 0.055; 0.059; 0.064 Stop-Loss: 0.04 just remindin that should be BCHABC price (mex index)
XVG had a 182% buying volume increase, waiting confirmation of that bounce (optimal if btc goes up too). For now, not a signal, just to stay on the radar.
Good Technicals and good fundamentals: -Launch of Golen Unlimited; GPU support; events Entry zone: 2700-2800 Targets: 3000, 3200, 3600 Stop-loss: 2500