BTC is up against a weekly resistance now after a strong push off the 5800 support level. It has created a new higher low here and gone on to create a new higher high. It has also just broken out of the long term down trend which has been respected since early May. If it gets rejected here we may head back down to retest the recently broken down trend for...
Eth had a good pump along with btc over the past day. It is right up against a daily resistance now and if it gets rejected here we have made a new lower high and we will head down to retest the long term uptrend. If that fails to hold up against the bears next stop is a weekly support at around 392. Watching closely for a entry either off the trend line or the...
ADA is another coin which has broken the short term downtrend. It is now forming into a symmetrical triangle right at a daily support/resistance. Some good potential gains to be made if this breaks up. Bullish engulfing to break the triangle and off support would be the confirmation.
XEM has broken out of its short term downtrend and is now consolidating on a strong level of support. It has held here multiple times previously and gone for good runs after consolidating at this level. It also seems to be forming a symmetrical triangle just above the support level. If BTC behaves I feel like a good push could happen with 6-12% gains depending...
Keeping a close eye on DGB right now as I heard there was a rumour it was going to be listed on binance. Technically it shows DGB has had a strong push to break out of a triangle that had formed. It has broken through a 4 hour resistance and is currently forming some indecision in between a support and resistance. Looking for a retrace here to retest and then a...
XEM has broken out of the triangle and also the downtrend. It made a strong push up over 2 4 hour candles, pulling back to the 61.8 fib level. It is now retracing to retest the previous resistance (now support). I took a risk and entered this trade before it broke out and currently i am still in. Depending where this next 4 hour candle closes will see me...
XLM has now broken out of its short term downtrend and has made its way back up above the overall uptrend and a 4 hr resistance. Currently retesting that support if it holds here we could see it continue up to retest a higher daily support and eventually the top of the mid term downtrend. Looking for a bullish engulfing candle off the support here for...
XEM finding itself like many other coins at the moment pushed into a corner. XEM seems to have formed a double or even triple bottom. It has not yet broken out of its downtrend so entering now is a bit higher risk. Ideally wait for the break in trend and retest to enter. I'm taking a risk and entering now with a tight stop loss.
VIB has double bottomed and broken out of its downtrend. I've got a buy order set looking for the retest of the bottom support. Hopefully BTC behaves and we see a good push up from here.
I have been out of VIB for a while now but have been watching it looking for my next entry. It has pushed right up into the corner of this short term downtrend and is sitting right on a 4 hr support. If this doesn't hold here we may see it drop down to retest some lower support at around 1650 sats. If this support holds we may see a break in the downtrend which...
XLM lumen/stellar is getting squeezed in a corner between the short term downtrend and the overall long term up trend. It is currently finding some support on the 61.8 fibs from the last run, however I think that the pressure from that downtrend will force it to head back down and retest the daily support at around 3700 sats. At this level we have the daily...
Bullish flag forming on TRON at the moment. I am taking a bit of a risk with this trade as I have entered before the breakout and it could break down. I have a very tight stop loss in place. Just over 1 week till main net release i feel like the TA and fundamentals will mean a break up.
Bit more of a risky trade for me but I have compensated by having a very tight stop loss and only putting in a small amount. THC has been held at this support multiple times and has generally come off it with a big bounce. I will be looking for a quick sell at resistance but there is some potential for some good gains here.
VIB has held the support level at 2200 sats again and is now heading back up to retest 2395. I am looking for a close above this area before entering, as the price has been rejected here before. A close above 2395 will see me enter and looking to take profit at previous structure. Roughly 11% gain. Watching closely!
VIB yet again showing me why it is my fav coin to trade. Another good gain last night/this morning for a 13% profit taken. It is now retracing sharply again and nearing my buy zone. Will be watching closely when it enters this purple area. Starting around the 61.8% fib level.
TRX seems to have been rejected again at the resistance at the 860 area. I am watching very closely for a pull back to the trend line for another entry or if it does break up a potential entry above the previous structure.
I have been trading TRX the past week or so with some good results. On the 30 min time frame it seems to have formed a possible Elliot wave and started the ABC correction. I have now shorted my position at the above 4 hr resistance and will be looking for a lower entry at around 800 sats or slightly lower on the trend line. Watching very closely! Main net...
VIB exceeded my expectations as it usually does but thankfully now has started to retrace. Currently hovering around a 4 hr support at 2550 sats, which is just above the 38.2 fib. I am still looking for entry at my original targets which were 2350 and 2200 levels, which match up nearly perfectly to the 50 and 61.8 fib levels. Watching closely over the next few candles.