We are off to the races. Even better risk to reward now R:R 6.48 1 (Wonder if any of you even noticed this break, in spite of my advanced advice or will you just react after reading this post (come on be honest are you just checking the chart? It's vital that YOU stay on the ball not wait for posts... ) Sean Vengan Professional Trader and Trading...
We don't want to leave our Cuddly Bear Friends out, so here's a short-term play for you Grizzly Growlers. R:R just over 2:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be mischievous, it's very simple, FOLLOW SOMEONE ELSE 2. ...
Ripple has hit Target 1, now in profit. Next step, Target 2 For those, wishing to know whether you get in now you always need to evaluate for yourself your Risk to Reward. Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be...
Knowing the current BEARISH SENTIMENT that is vibrating amoung Crypto Traders I'm probably going to get lynched publishing this. However, I have to tell it to you as I see it. My view remains Bullish (Medium Term ie several days out) and we are set to challenge the ATH (All Time High). There is a good chance that we will break this Top if the momentum and buyers...
Ethereum is currently in a Pennant and looking to break out. In order to take a Long entry, I would wait for confirmation of an upside breakout out of the Pennant R:R 3:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with my views or analysis and looking to just be...
It doesn't mean to say the upside is over but just be cautious as the Bitcoin chart is giving us mixed signals, which we must not ignore. Price is going up but momentum is moving down (divergence). Now if price continues up and breaks above this ascending wedge and momentum follows higher we continue upwards. That doesn't mean to say gloom and doom as I always...
If it can break out of this consolidation pattern we could see some significant upside. On a lower time frame its showing positive signs. It's a good coin to try trading cryptos as its inexpensive. Risk Reward over 3.5:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with...
Some of you are asking for a "fine-tuned" perspective of Bitcoin as you are looking to SELL now. Here is my perspective from a closeup view of a Daily Chart. We are still moving in an Up Channel and an Up Trend. There are NO SELL SIGNALS that I can see. Remember what I always say TRADE WHAT YOU SEE NOT WHAT YOU THINK. To make things simple for you all here are...
PLEASE TAKE THIS INTO ACCOUNT WHEN YOU READ ANY OF MY ANALYSIS Here is the Up Channel we appear to be working in (for now) on Bitcoin. Now, to be a valid trendline it must touch 3 points. We only see it touching 2 points, so this means they are unconfirmed trendlines but what this gives us are upper and lower price points to be tested. Points to note regarding...
NEO is moving in a downtrend and reached a critical point at which it might break out. The price already tested the support at 18 USD and is about to reach out for the trend line resistance. Scenario A When the price breaks through the trend line resistance, check for a possible retest. If the trend line is confirmed as support, the price should move up towards...
As we can see we have a very long trend crossing perfectly the shorter and faster up trend. considering that the RSI is moving up and the MACD shows a cross and a movement up can be seen forming. This is also a good trade for a mid/long term position. Watch zones and sell targets are every Fibonacci level, but my guess is that it's going all the way up. Observe...
A bit of bullish action overnight but still work to do with a couple resistances nearby for the bulls to break. We have a green day forming, trying to confirm our higher low on the daily has been set, but we need to see further follow through and breaks of these highlighted resistances. We continue to see "attacks" from bears about this China news as last night...
The pattern is formed backed by a strong up trend(short, middle and long term), plus the rumors about china ban are being "cleansed" and the whole market is stabilizing and ready to go back to it's strong up trend. Also the ATR shows a good chance of a sudden and strong movement - so a good risk:reward can be achieved in a rather safe trade judging on how loose...
You might know NXT, but one thing is sure you will do at some point, if you are in the business of cryptos. I wrote a lot about this coin, and yes we had some bad periods, which was bad. BUT everything have a BUT, and if you are holding NXT, you will receive IGNIS, let me explain. Ignis is the first child chain token of the Ardor platform. The IGNIS token will be...
Our previous Ripple trade got stopped out. We'll try again. Risk Reward roughly 3:1 (2:89:1) - T1 There are higher targets T2 and T3 which will yield higher rewards for the same risk if you feel confident. Sean Vengan Professional Cryptocurrency Trader and Trading Educator
5th wave is here, take profits on top if you like.
NEM Long Risk Reward: 4.86: 1 Current 0.29553 02Sept17
The correlation to BTC took a lot of bull momentum right away from ETH which has happened a couple times in the last couple weeks. Bulls need to break $343, the high of the current bounce, to see continuation of recovery. Another reminder why we always need to be watching BTC no matter what we are trading. Lose this support line and we will look for More...