MrC-CHF

MrC-CHF

Originally a momentum trade. Price has traded up for a while. Price dumped close to a S-level with BTC recent mini-pump. Decent R/R - if coin gets back on track.

MrC-CHF Updated 

Based on price/technicals analysis, WABI/USD seems to mostly track with XBT/USD prices, but WABI is much more volatile (higher beta?). Instead of buying BTC with leverage, one can go in and out of WABI. The USD price is just a conversion based on BTC price in USD and the WABI/BTC price. Trade Signals 1. WABI/USD clearly in an uptrend or in consolidation...

MrC-CHF

On 1H interval good entries seem to happen when a) RSI is very low b) MFI+RSI signal shows a green zone and c) price is near support. Price seems to be showing a higher low and may break out of the trend of the past few days. Going long with 2-3x leverage with target of $8,650 and stop at $7975 = 3.7x Risk-return ratio. Long-term: Still short as price showing a...

MrC-CHF

Price broke through 50% Fib before climbing back above and finding support. Additional support forming on 50-period EMA (confirmation). Also may be seeing a possible IHS pattern. Price nearer to support (green zone) so attempting a long here. 3.8% loss vs. 7.5% gain. Longer-term: Still a bit bearish (targeting $6.3-7.2k) so setting conditional sell/hedge orders...

MrC-CHF Updated 

Everyone's been calling it for weeks and it's looking more likely than ever. Some positive news on fundamentals for Bitcoin are a bit worrisome (e.g. Bakkt supposed launch in a couple of weeks, maximalists hyping up the halving, HongKong issues supposedly pushing up BTC price), but I'm looking for a solid dip to fuel up the bull-run we've all been waiting for. A...

MrC-CHF Updated 

LINK was a very strong performer YTD but has been in a bit of downtrend lately. It's showing signs of coming out of it though. Chart showing a bit of an inverted H&S pattern (not perfect) and a potential broadening wedge. Latest move up seems to be the right shoulder, so there's potential for a breakout. It may depend mostly on where BTC goes from here (i.e....

MrC-CHF Updated 

Going to give this a shot. Latest candles may be showing signs of a slowdown but hopefully there's more to go. Really depends on what happens with BTC. Big move and this thing may just retrace back to where it started. Initial entry is at present price. Target/stop shown with boxes and arrows. Bottom green box is 2nd entry level.

MrC-CHF Updated 

Entry in green boxes. Exit in one of the reds. Rinse-repeat over and over....OR If long-term really is a falling wedge and price decides to pump, may hit one of the resistance levels above (or some Fib level). I'm fine with the S/R levels drawn. LT view:

MrC-CHF Updated 

Coin has done pretty well over the past few weeks, and seems pretty steady. Price broke out of the downtrend channel and found some support. Looks like decent risk/return for entry around here (about 3x)

MrC-CHF Updated 

Clear channel for some basic scalping....Decent R/R on the bottom end of the trend. Price may be a bit below a Support level so looking for price to come up a bit before entry. Ideal would be to get some confirmation on the bottom of the channel before a move up.

MrC-CHF Updated 

Lots of opposing opinions on this. Price has been working its way through a range with some higher-lows (Bearish triangle). Price is currently at a point that's good to buy (i.e. green buy zone + purple trend line + horizontal support around the 61.8% Fib level). There's even a bit of an inverted H&S forming, albeit sloppy, especially the right shoulder. If...

MrC-CHF Updated 

Reviewed this coin earlier but didn't actually make the trade. Now looking for new entries. Entry option 1 - price comes down a bit to around 45k sats. This is top of the channel I drew based on long-term price review. There's also a bit of a support level below, so entry would be closer to support than resistance. Upside 9-10% and SL at -4%. Entry option 2 -...

MrC-CHF Updated 

Massive run-up in price so looking for retracement to prior support levels before the bull-market continues. Inverted H&S may be forming (wishful thinking) but do expect price to hit the low-end of the green range sometime soon. If lucky, price will continue down to $5,750-$6,300 levels. Stop at slightly above the recent "shoulders". Even at current prices,...

MrC-CHF Updated 

I've seen calls for the price to go back to $1k. I hear lots of people say they're definitely buying if/when price drops below $3k. Who knows who is right? Bears can't be right forever, right? Right? This 2018 bear market has been brutal for bulls/noobs. Shouts out to all my fellow traders/HODLers in the trenches. bit.ly I decided to look at the very...

MrC-CHF

Bitcoin recent price moves make perfect sense relative to the long-term trend. I expect price to drop to low-end of the green up-trend/range or trade sideways until it hits bottom of the green range again. Hedged my position around $8-8.3k. Will also be loading up on some altcoins in the coming weeks/months. If BTC trades sideways, Alts have room to run!...

MrC-CHF

Price ranging around established S/R zone. With futures expiry today, should see some upward pressure to get to the next zone. Generally, price is in the lower range of the recent triangle so I'd expect price to move up towards the median. Barring any major negative news, should see a decent move up.

MrC-CHF

Months-long wedge "may" be closing and recent triangle plus up-trend (higher-lows) has many traders optimistic. By Oct 12th we should see a move in either direction. I've highlight how I think prices will move based on the exhibited Support/Resistance levels. If price moves down, we should see price settle around $5,800 before deciding where it wants to go. ...

MrC-CHF Updated 

BTC's Great Falling Wedge of 2018 is almost reaching its conclusion....what happens next? Tough call. We're currently in another Rising Wedge. The last one was from June-Aug and BTC attempted to break out of the Great Falling Wedge. I have to check again, but I think this was related to potential ETF approval rumors, which have fallen completely flat. Maybe a...