I have been waiting for days for a clear pattern and here it is a falling wedge. I am expecting Bitcoin to break up this falling wedge in the 3rd week of february. If that happens the breakout will be followed by strong volume bringing us to test again the resistance line that has been dominating the market in this bear trend. The resistance will be strong and not...
I am buying Bitcoin back now at 3620. Stop loss at 3530. I really like the fact that previous resistance worked as a support and that we correctly exactly to 61.8 fib level. Looks like a good entry to catch this wave 3 to 3800 area.
Buying #XLM here. Stop loss : If it closes a 4 hrs candle under 2800. Target 4200. I am expecting Lumen to do the same thing it did last times it reached this support. This will be a long term trade.
Some medium-high caps are going up hard in last days and looks like EOS wants it's run too! Insane opportunity here. I will buy a small portion now and more after breakout and will set a stop loss under the support. Will close the trade if a 4 hrs candle close under support
After correcting so much. One of the best crypto projects may now make a double bottom and start riding up from here to test 50% fib level around 170 sats. Stop loss : I will close this trade if VET closes a 4 hrs candle under 100 sats.
I really hope Bitcoin breaks up here and completes this inverse head and shoulders and ride up to 4800-5000 otherwise it can slowly ride down, break the support invalidating the IHS and fall down to retest 3K area. It all depends on this upcoming breakout.
After correcting a little more in the short term breaking this current bearish rectangle Bitcoin should find support and consolidate around 3600 and start pumping from that support completing head and shoulders and running then to 4400-5000
Ethereum has been respecting this channel since ATH. There are 3 main lines represeting the top, bottom and middle of this channel. Very nice channel to trade . So many ways to trade this channel: Buying the bottom, selling the top. Shorting the tops. Longing the upward channel breakout. Shorting the downward channel breakout Etc...
Bitcoin inside an ascending triangle. I am looking for a breakout to the upside to long targeting 4400. In the other hand will not ignore the opportunity of shorting it if it breaks the support and target 3700. Stop losses can be placed under supports or resistances depending in which way it will break out.
Indicators looks good and support the breakout. Strong resistance is now broken and I am expecting it to test 61.8- 50 fib levels at least in the mid term. I have stop loss at 99 sats.
After breaking up this falling wedge Bitcoin is showing nice buy volume and based in a simple fibonacci it is expected to see Bitcoin reaching 4K area in the next few days. Indicators overall are looking good and supporting the breakout. I am not trading here tough. Just updating my chart.
After falling for so many days. We finally made a nice bullish divergence and we reached a very important support level around 3000 dollars. Even if the downtrend continues, a recover from here is expected to 4K levels again.
After a perfect 5th wave correction and strong dump from 6k Bitcoin should now breath a little and recover to 5000 area at first. When it reaches that area then I will update my Bitcoin chart.
I will keep my eyes in these supports for scalps and buy opportunities and of course I will buy Bitcoin -1.56% hard when it breaks resistance.
Bitcoin showing a strong bullish pattern in RSI which is based in the in a uptrend support line in RSI that every time it is touching it in the short term priice is getting again strong buy volume and going all the way up to overbought level repeating that multiple times. Right now it just touched it and we should expect a wave up to test 7200-7300 resistance.
NANO is one of the strongest coins in crypto in terms of technology and after having such an amazing run last year it faced a very strong correction of more than 90% of it's value from ATH. In the last months NANO managed to break the huge downtred and right now this can be a beginning of a new uptrend on NANO. Will keep my eyes here on NANO and look to add bags...
I am going to start accumulating today OmiseGo in this support area in the next days. This is a major bottom and I see 2 trading opportunities here : 1- Buying now and setting a stop loss under the support area with a target at the main resistance. 2- Buying when Omisego breaks the main resistance looking for fibonacci levels as targets. Overall indicators...
Bitmex Long postion idea : Entry: 5523.5 Stop: 5489 (-6.15%) Target 1 : 5720 (+35.6%) Target 2 : 5839 (+57.21%) Target 3 : 6089 (+102%) Leverage 10x. Nice Risk reward. I am opening here. Indicators looking bullish, breakout in short term, nice risk reward and Bitcoin is in one of the most oversold levels in price history in 1D chart.