Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

Those who follow me for a while already know how I like to deal with BTC. I’m a swing trader, and I only enter in a trade that is absolutely clear and in accordance with my trading philosophy. While I see people day trading and fighting to earn money over noise, the little moves that the market does, I always try to see the big picture, and surf a nice trend. Just...

Nathan_The_Finance_Hydra

As another request, I’ll do an analysis of TCEHY today. Well, we can say that Tencent is doing what was expected to do, after it hit the “resistance zone” is now dropping and it seems it find a bottom at the light blue line in the chart, which is the previous top zone. TCEHY is doing some very precise and technical moves here, and now it did a bullish pattern, a...

Nathan_The_Finance_Hydra

Our trade is doing nicely here, giving us more than 30% profits now, as my entry price is U$ 21.10. If you missed my call on UKOIL you can check it bellow the moment we saw an opportunity, and the reasons that drove us to buy. Also, follow me to keep in touch with our trades and analysis. The moment when we long UKOIL: Now it’s not the time to buy, neither to...

Nathan_The_Finance_Hydra

We are afraid of the famous “Sell in May and Go Away”, and that’s always good to put some senses in our heads. Let’s see what the chart can tell us. Today the bulls reacted, after a very nice and healthy pullback to the 21 ema. That’s very normal and is still a bull trend, although there’re some signs of danger here, and I’ll talk about them latter. Let’s see...

Nathan_The_Finance_Hydra

We see that XTZ is still “sleeping”, which is normal after such a strong bullish move. Now, if you are a sniper trader like me, there’s no much to do here but to wait for the next opportunity. Personally, I’m waiting for the price drop all the way to the blue trendline here, or some of the red lines. Who follows me are already familiarized with my style, I’m not a...

Nathan_The_Finance_Hydra

As expected, LTC is still struggling in the 38.2% fib retracement zone. We are with some cool profits in LTC, since our last trade was very successful (check the link of our entry point in the end of this analysis). Also, follow me to keep in touch with our trades, and be part of our community, I do daily analysis here, always updating you about what I’m...

Nathan_The_Finance_Hydra

So, ETH is doing some nice and very technical moves here. I sold my position in ETH a few days ago, after our last great trade (check it at the end of this analysis), and now I’m waiting for the pullback. Follow me to keep in touch with our trades, I do daily analysis here. We bought ETH near U$ 175 and it reached our main target, U$ 215, which is a fib...

Nathan_The_Finance_Hydra

So, BTC is struggling a lot now, as the bulls lack the strength to break the U$ 9.2k and the bears don’t have the strength to sink the prices under U$ 8.6k. BTC was very easy to trade about 2 weeks ago and gave us a fabulous trade recently. We bought it just near the U$ 7k and sold it near U$ 9.2k, a trade that lasted 9 days. If you missed it or want to...

Nathan_The_Finance_Hydra

What the chart can tell us about the future of BTC? There’re a lot of theories surrounding the crypto, and most of them are positively promising, and these theories are gaining strength now, specially with the halving coming this month. For instance, we have models that can be used to determinate the Bitcoin’s value, like the Stock-to-Flow model, which I find...

Nathan_The_Finance_Hydra

Today’s movement was exactly what I expected from a bear reaction, as I said in my last analysis, in case you missed it, here’s the link: Now, although it was expected, I admit that I’m a little disappointed with the bear’s reaction here, I mean, they even couldn’t manage to touch the 21 ema today. SPX lost some immediate support, yes, and that’s an alert for...

Nathan_The_Finance_Hydra

The bulls and the bears are fighting at this point, and the price gets “sleepy”, moving sideways because no one seems to be wining this fight. As I said in my last analysis, I'll wait for the price to drop a little further to buy, could it be the 21 ema, the blue trendline or even at the red lines. I'm still not comfortable buying XTZ right now. It could go up,...

Nathan_The_Finance_Hydra

LTC is struggling a lot now, because it is in a very strong zone, the 38.2% fib retracement. A drop to U$ 44.50 is acceptable, but beyond that starts to get dangerous. As I said in my previous analysis, I’m still holding some with me, and I set a stop-gain at my entry point. We are still profiting, as our trade is still going fine. Check my previous analysis...

Nathan_The_Finance_Hydra

So, ETH is doing exactly what it should be doing. On our last trade, we hit exactly our main target, the 61.8 fib retracement, after a clear long trade, triggered on April 22. If you missed that analysis, check it here, and follow me to keep in touch with our trades. Trade triggered on April 22: Now, just like BTC, ETH is “sleepy”. That’s ok, it happens a lot,...

Nathan_The_Finance_Hydra

So, after our last trade on BTC, it went up about U$ 2,500 and we already realized our profits. We did catch that last bull trend, which started on April 22. If you missed it, you can check it here and follow me to keep in touch with our trades. Last trade on BTC, triggered on April 22: But what about now? As I said in my last analysis, since we’re out we’ll...

Nathan_The_Finance_Hydra

Now, after the bears bleed yesterday, we see another pullback. Like I said in my last analysis, there’s nothing here that tells me the trend will change. I’ll say the 6th tenet of Dow Theory again: “Trends Persist Until a Clear Reversal Occurs”. Until then, it’s a bullish trend. Now, what would make me change my mind? Simple, if the price loses that light blue...

Nathan_The_Finance_Hydra

Ok, so XTZ reached the “resistance zone” and did a bearish pattern. As I said in my last analysis here, I’m not in XTZ, and would only buy it if it dropped back to some support, which could be the 21 ema, that blue trendline or any of these red lines on the chart (previous tops). It’s still a bullish trend, but if you have some Tezos with you, be aware, because...

Nathan_The_Finance_Hydra

So LTC reached its first challenge and now is struggling a little. If it closes above the 38.2% fib retracement then it’s a good sign, but I don’t know if that’s going to happen. I’m still holding some LTC, in any case, because I think it’s time to manage your position. Look at my first call on LTC: As I said in my previous analysis, I already sold half of my...

Nathan_The_Finance_Hydra

As we warned, ETH did a remarkable movement. On April 21 it did a Harami-cross pattern, near 21 ema, above an upward trendline and above the 38.2% fib retracement. That’s what we can call obvious trade. The trade was triggered on April 22, and if you missed it, check my analysis here: Today, it reached exactly on our main target, the 61.8 fib retracement....