ICO trading - SANUSD Part 1 - Buy alertRecently listed tokens can make good trading candidates. Everything you need to know is printing on the daily charts.
A low was formed and two previous days were counted backwards to enable green line to be drawn to the right hand side.
This is count back line analysis being used to identify a buy signal. A buy signal is a close of the daily candle above the green line.
At the moment SAN is on my watchlist. Awaiting confirmation of an uptrend forming. Higher lows printing daily candles is encouraging. SAN has recently been listed on Bitfinex exchange. I found this interesting as they have so few pairs listed for trading. Bitfinex have this week announced devlepoment of a new exchange for trading ETH and ERC20 compliant tokens. So I now expect the next announcement to be that this exchange with partner with SANTIMENT. That could see the charts pop! Stay tuned for part 2.
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Bitcoin Broke A Trend Line, and then Returned Through ItThis is a really risky trade that I personally am not going to take but with this position that it is in right now, I believe if segwit goes well and the networks remains intact that Bitcoin will sore very high soon. It is very bullish if a currency breaks a month long trend line and then within days returns above it! Hope some people can make money with this! Also RSI shows room to move up so might be good. Happy Trading!
XRP is my biggest position :) (more clear)Been buying dips along accumulation period in the 9k to 11k range. I wanted to make a more clear drawing of my prediction.
my stop loss is set to sell below the purple major trend line demonstrated in the drawing.
thinking it will hit 20K reject providing a secondary entry in the 17k to 18k range then another target for 34k to 36k range.
Let me know what you think! and I apreciate any form of feedback
Stay profitable!
PLUG Break out of through resistance on large volume. BULLISH.PLUG (Plugpower) Break out through resistance on large volume and news that Amazon is buying 600m of shares. Resistance line broken at 2.40 now acting as support.
critical spot for FORD, if it bounces off this support,BUYwaiting for a confirmation possibly a few more sideway moves will see MACD converging shortly.
EUR/GBP - SHORTPotential short setup on the 1H time frame, we have had a 61.8 fibonacci retracement and are now set for a counter trend line break, if we see a break below this trend line i will be looking to go short.
DXY: USD LongThe Dollar has made new highs and with 2017 being a potential year for more rate hikes there are really no sign to not long the Dollar. I believe the dollar will make its way to test the trendline on the weekyl/monthly time frame. I would wait for a pull back into previous resistance/now support to enter long.
EUR/CAD - SHORTPotential for a nice short trade of 200 pips or more from this setup. Just broke out of the daily corrective structure to the downside. Now in a period of consolidation and moving sideways in the market. Will be looking for a break of the consolidation on the lower time frames to get an entry on this one.
Let me know what you think.
U$DCHF TREND BREAK SHORTIm going against the rally of the dollar and bullish bias of this pair looking for a nice retracement short. Rejection on and break back into the previous longer trendline Also we have a BB% trend break wich validates this idea.
GBP/USD - LONGAdjusted long entry after we didn't see the break of the 61.8% fibonacci as shown on previous post. Will now be looking to enter long on the rejection of the TL.
Let me know your thoughts.... breakout or reversal?
Long but better to wait 4-6 hoursSnake around trend line.
Expecting Cobra attack ! Up!
S1 29900
TP1 131200
TP2 131600
TP3 132600
TP4 133400
Trading view: USDJPY 09/06/16WAIT for the BO, then WAIT for the consolidation/retracement and ENTER in the BO of the consolidation --- this is the WWE pattern :)
Don't miss that trade. Really nice risk reward.I looking for price action about 0.70500 zone, maybe a pinbar on beeb bearish outside bar.
Potential triple top on daily.
