Crypto_Ed

Crypto_Ed Updated 

I was quite surprised when I scrolled through my charts and noticed suddenly this pennant. For some weeks alreay, I was focused on some more downside towards that blue box so I didnt notice this pennant before...... This could break out very soon for a big move upwards. Target is on the chart (0,03000+) Tradingadvice: wait for the break out AND confirmation,...

Crypto_Ed Updated 

Another request from my Twitter followers. Long term: I'm already for days looking at the downside for Stratis and expecting a drop below that pennant into the accumulation zone. Look how often it already tested the trendline. It looks as if its a matter of time that support will fail there. Looking at fibonacci retracement, it retraced already enough (according...

Crypto_Ed Updated 

Getting many request on Twitter for this pair, so lets give it a go. I dont have any idea about fundamentals for this coin or any news/developments coming out soon...I just did my technical analysis. After a strong upmove, its sitting around Fibo 68,1% support. 2 scenarios: 1) it breaks the red trendline for another big push up, over previous top 2) it breaks...

Crypto_Ed Updated 

Unusual call for me as its not really based on my usual TA but scrolling to some charts, I noticed this one..... Pump-accumulation-pump-accumulation-pump-starting a little upmove instead of falling back. I have no clue about anything of this coin, just observing the chart. Pls do your own research and share your thoughts here! Tnx

Crypto_Ed Updated 

Steem is doing an ABC correction which is almost finished. Ideally it would go a bit further down in to the blue target box, but it can break out any time. RSI shows allso it can go down a bit more. Before going long==> wait for the breakout and retest of the trendline!

Crypto_Ed Updated 

ZEC retraced much further as expected but is trying hard right now to break out. It alreay had some failed attempts but after the last one, its showing a trend continuation pattern. Breakout of this smaller pattern would be a strong buy. Buy the breakout and not earlier! Market is very tricky right now due to BTC/BCC clash Check my link below for more information...

Crypto_Ed Updated 

A bit tricky to chart this rather new coin....not so many history for TA Anyways: it looks to me that we're at the beginning of next leg up (5th). RSI indicates there is plenty room to the upside on all timeframes. Price has broken out of the mid term donwtrend, made a correction and broke out again after touching the blue box which I placed there as a target for...

Crypto_Ed Updated 

BCC -1.54% / BCH 0.90% made a 5 waves up, followed by an ABC correction. According to my rules, the correction was enough. it hit my target box. Technically, I'm expecting a new push up which would mean that this 1-5 move was just the first leg in a much bigger perspective (oh dear). RSI confirms more upside is possible. MACD shows healthy growth. Looking at...

Crypto_Ed Updated 

Looking at the current channel, I can see LTC going for a wave 5 up to $70,- RSI on daily has enough space to let it happen. We might see a down first. Target is determined with Fibonacci extensions. More detailed information in the update on smaller timeframe.

Crypto_Ed Updated 

In my previous trade set up (link below) I was right in the upmove and its target and in the correction to $270. After hitting my targetbox in in a spike, I expected more downside but WTH surprised me wiht its upmove. Earlier this day, I wrote that a break of the yellow trendline would be a strong buy and it made indeed a strong upmove. I'm a bit annoyed that I...

Crypto_Ed Updated 

Steem made a deep correction and bounced exactly on the bottom of the target box. Its heading towards the top of the channel and already broke RSI trend. My advice is to wait for breakout and buy when you see a consolidation after breakout on lower timeframe. Check my tutorial "how to trade breakouts" below. I will update on lower timeframe once we have a valid trade.

Crypto_Ed Updated 

I was looking for a break out to the upside for quite a long time already. After repainting my chart, I can't make it better than this........ If the bull run for BTC continues, Ripple may see a nasty continuation of its pullback. Trading advice: stay on the sideline and wait for a clear breakout of this pattern. Either its gonna be some special developments in...

Crypto_Ed Updated 

Zcash broke out of its downtrend wiht an impressive upmove. Currently making a bullflag which gives us an excellent opportunity to jump on this train to (at least) 0.09 which is just the first target. Wait for the price to come back a bit futher to minimize your risk. 9/10 break outs are followed by a consolidation or retest of previous trendline! My guess it will...

Crypto_Ed Updated 

We can see that NEO made a 5 legs up, did an ABC correction and alreay touched the target box at C. After touching C, it looks like an attempt to break out of the downtrend (yellow trendline), tested the blue trendline and failed. RSI downtrend didn't break either. Looking at the whole market, I would advise to stay out of NEO for the time being and wait for a...

Crypto_Ed Updated 

I have no idea about this coin, just looking at it and noticed similar pattern you can see in all new coins..... After launch, some while easy going (accumulation), prepump, accumulation,pump and dump back to the accumulation zone. I'm not predicting its going back down all the way, but I think it has a good chance to do so. You can find these movements all over...

Crypto_Ed Updated 

some of you guys will have a name for this flat pattern.....learned in some fancy trading school, you tube or whatever...I forgot and all I need to know that this is going up as long as BTC is retracing and RSI tels me, as long as the STRAT dev is not running away.....this is making a leg 4. Watch price action near the trendline for further up or down to make leg...

Crypto_Ed Updated 

Stratis is trying to break out, testing the yellow trendline but I'm not yet convinced. I wouldn't be surprised if it falls back to the red trendline. I want to see RSI lower and the pattern alongside the blue trendline is corrective Before you jump in this trade, wait for clear confirmation. Clear breakout would be breaking the upper blue trendline. My advice...

Crypto_Ed Updated 

Check my previous charts for waves..... Due to BTC's bullrun, waves retraced a lot further as I expected. Right now, I'm anticipating a correction in BTC where alts could profit..... The pattern I'm seeing is more or less the same as last week, just a bit less progressive but the idea is still the same. On smaller timeframe, waves made a pefect 5-legs up and a...