JustChartThings

JustChartThings Jan 7, 2018

and providing a nice second entry here with good risk/reward levels. May correct further into the lower channel. 0.00012 key level to break and 0.00015 should come quickly after based on the past few days. Will be looking to trade roughly 75% of the position I have for it and retain 25% for longer term price appreciation. Typical plan for most alts in this...

JustChartThings Jan 6, 2018

after consolidating for a couple of weeks, Bitcoin may be setting up for a large breakout toward ATHs at 20k+. However, it will need to clear the region outlined in the box, which was a choppy region moving toward and breaking down from the 20k local top a few weeks ago. For this reason, I see 18k as a key level to either breakout above or consolidate under...

JustChartThings Jan 6, 2018

after plenty of time for cooling down, ASTBTC forming a better defined flag after considerable volatility at ATHs. Given the current environment, expecting the flag to break upward. Target around 0.00012. Under 0.00007 will signal a longer correction is necessary, so position size accordingly in this one. You can trade ASTon Binance, a growing platform you...

JustChartThings Jan 6, 2018

after a huge run placing Tron in the top 10 coins, it's finally begin a correction, at least for the near-term. As shown in the chart, big dips have generally been purchased quickly as there is still a lot of fundamental demand for this coin. Any dumps in the 0.00006-0.00008 range are ideal entries shown below, but less likely than those around supports in the...

JustChartThings Jan 6, 2018

Possibly good for range-bound trading here, with buys in the green support zone and appropriate stop losses. Could be stuck in this rectangle for a while, so position sizing range-bound trades vs. long term swings will be important. TenX recently had some fundamental issues, discussed here: www.cnbc.com You may want to take that into account, even for trading purposes.

JustChartThings Jan 6, 2018

After being denied twice around 0.00041-42, ENGBTC has held support. The large volume coming in yesterday seems to have stabilized ENGBTC for another potential test of ATHs. However, failure at the support levels shown might indicate further correction is necessary and likely. Ideally, would like to see a solid volume move above 0.00045 for this play to...

JustChartThings Jan 6, 2018

POWR flagging here with an excellent risk/reward profile of ~1:6. Daily chart has reset as well, so with high volume we could test ATHs again. Worthwhile to trade/profit from the flag setup and retain 20% for potential confirmation higher. If you're not using Binance yet, you should give it a shot; rapidly growing platform with consistent updates and...

JustChartThings Jan 4, 2018

ASTBTC currently sitting around highs after release on Binance, already confirming support at previous resistance levels from November. Chart below shows these levels. Currently testing support, which, if confirmed, will open this coin up to clear highs. Won't take much to move this if/when it happens. High volume buys that don't hold well and subsequent low...

JustChartThings Jan 4, 2018

Setting up for a breakout here - risk/reward is a bit past where I would prefer to enter a trade, but keeping a small position until confirmation can offset the late entry here and maintain good risk management.

JustChartThings Jan 1, 2018

ZECBTC setting up for a strong reversal here. (A)symmetrical head and shoulders forming; good to position size into this one with a potential second shoulder.

JustChartThings Jan 1, 2018

Relatively well defined triangle here, with resistance around 0.0002 - getting into a very tight range, so this should resolve one way or another soon. Sometimes false breakdowns can give good entries on these, so position sizing goes far. Daily/4-hour charts show very healthy consolidation at defined levels so risk management should be easy on this one.

JustChartThings Dec 31, 2017

Low on volume still, so quick pullbacks may occur yet; however, looks like it's building strength - looking for volume as on December 17. At resistance now, could mean short pause. Still a relatively young coin watched and could run quick - I always look for quick profit on these and hold a core if it holds levels.

JustChartThings Updated  Dec 28, 2017

Bitcoin gold at support levels within the current trend, BB tightening implying a breakout move up/down - based on recent trend, move higher looks more likely. Decent risk/reward, profit level at 20% and 60% target. Current market environment of Bitcoin dominance also good for continuation.

JustChartThings Dec 28, 2017

Given the relatively low volume during the Holiday, it can be difficult to spot trend changes or real support/resistance areas since many traders are absent. However, there does seem to be some longer time-frame patterns setting up that, if played out, will provide long-term investors/traders with potentially great entry points. On the 4 hour/daily charts, a...

JustChartThings Dec 22, 2017

Bitcoin has been seeing some nice volatility lately, providing many opportunities for profitable trades both ways. On the near term 15 minute chart, looks like a H&S is setting with a $16k target; confirmation is prudent to make the idea actionable. Of course, buying dips in a bearish trend is great for long-biased traders/investors but short term traders should...

JustChartThings Dec 21, 2017

Bitcoin is currently consolidating since 20k, also being subjected to various transient shocks like Bitcoin Cash release on Coinbase, etc. that likely have kept upside momentum low. Overnight, the H&S flashed but didn't yield the full measured move, potentially due to the significant resistance being established in the 17s. It's currently channeling down, making...

JustChartThings Dec 21, 2017

Bitcoin tagged 20k recently and the concerns surrounding CBOE/CME futures didn't pan out; unsurprisingly, there was little impact on price. Currently we're stuck between 16s and 17s, with resistance above. Notes on chart. Will flip if we begin to close over 18k on solid volume. However, 12-13ks seems more likely right now.

JustChartThings Dec 4, 2017

AdEx has been relatively strong against high Bitcoin volatility over the past few weeks, with a steady increase in value (ADXUSD, blue line) over this period. Recent fundamentals are positive and the coin's ripe for further positive catalysts. Risk/reward decent at these levels. Only thing hanging overhead is potential global crypto market effects from Bitcoin...