Richy007

Richy007

TA shows good probability of a breakout in SCUSD, currently #49 on coinmarketcap. See chart for targets (R1, R2, R3, etc.). Check out my previous TA ETH BTC EOS ETC XMR IOT LTC BCH, been spot on. You like, please follow me for up to date analysis. Thanks

Richy007

Symmetry moves in TA are not random. As we can see that Wave 1 move up was 0.60 and consolidated. Led to another 0.60 move up to Wave 2, consolidating now, before moving up to 1.618 extension.

Richy007 Updated 

XMR bounced off support at 61.8% retracement. Upward targets are at T1 $126, T2 $150, and beyond.

Richy007

In the exciting crypto-currency arena, LTC is a slow grinding coin moving upwards. I hold a small portion of my portfolio here, not expecting huge moves in either direction. As one can see from chart, eliminate the 2 "anomaly" spots, ETC is a slow grind up staying in range... boring.

Richy007

Like the trend to upside as long as it holds at S1. Unfortunately, this #8th rank market cap coin is difficult to buy as it's not readily available on most exchanges.

Richy007 Updated 

Here's a possible long set-up for the weekend. I'm not that confident, 55% chance trade works out. More of an idea ETH makes a push and BTC stays range bound this weekend. Thoughts?

Richy007

EOS continues to be bullish, earlier resistance becomes support. Upside hurdles are still in tack from original TA. One of the hardest part about trading is knowing when to take profits, it varies depending on individuals risk tolerance. Hope the chart helps! ------------------------------- ETH address = 0x0c8d5ED184A7B827Dd6f490a57415d5862e0Fde4

Richy007 Updated 

My latest trade !

Richy007

Follow-up to previous idea of BTC Short ETH Long - saw a nice run up to $314.85 but much resting sell orders at $315. Pushed us back down to $308 area, on a daily, get to $310ish and hold, act as support. Resistance on the way up at round numbers, i.e. $320, $330, etc.

Richy007 Updated 

Recently, XMR making a push higher, so Long at 0.0146 target 0.200 (61.8% retracement).

Richy007

Initially, I wanted to add to my ETH portfolio, but after doing the TA, I realize I should wait for a better price. As you can see from the analysis, the upper range is $310 and lower range is $255; currently, $286. Since I already have some, I'll hold off until ETH nears the lower range to add.

Richy007

On the Kraken exchange took small long position EOSETH. Trading on this exchange is somewhat complicated as funding is difficult for the novice trader. I deposited ETH from Coinbase. Looking long and take profits at R1 & R2. This pair is up over 50% already, so trade small and be proactive.

Richy007 Updated 

Seeing some buying off $300 level, long at $442 - probably a little late. Seeing some resistance at $450 (R1)... Target $700 area, may take a few days. So, if your not in, still time.

Richy007

Though I was anticipating a pull back in BTC (past 2 weeks), it actually maintain support at $5400 level. A matter of fact, saw higher lows, leaving us with an Ascending "Head & Shoulder" pattern. New support at $5700. BTC hasn't threaten to touch the neckline, leaving us with slightly bullish outlook.

Richy007

Since the BTG fork is behind us, we're seeing Selling pressure (taking profits, re-positioning portfolio). I sold along the way (scaled out) to realize profits from months past. There are some support areas along the way down like $5150, but that's not strong support. I don't see us staying here very long. On the third leg down, possible support @ $4725,...

Richy007

Chart showing bearish movement with resistance in the 15.30s, looking to test recent lows of 11.70 and possibly lower. Let's see how it plays out.