Sherem

Sherem Updated 

Uh oh folks. We have a head and shoulder pattern forming on this cross here. MACD cross, RSI weakening. More downside coming! cheers, -Sherem

Sherem Updated 

Crypto certainly moves quickly and ironically I will have re-entered at basically the same price I sold when all is said and done at 3.15. Kind of ironic. I will make this quick. Tezos has kept failing at breaking to the downside multiple times. While I was expecting more of a sell off to the $2 area, we just haven't gotten it yet. You can see the daily MACD...

Sherem Updated 

Bitcoin has really been struggling to gain any real traction ahead of the halving. If we break this $9,500 level expect quite a bit of downside before we have any type of rebound. MACD has crossed and is negative on the Daily. Weekly doesn't look good. RSI has lost steam and needs to reload. Be cautious folks, we could go back down to 8k. -Sherem

Sherem Updated 

This chart is self-explanatory. Things don't look so hot for XRP right now. Cheers, Sherem

Sherem Updated 

If you haven't seen the updates on my last XTZ thread, I got out at the $3.20 area for a slight loss on my re-entry but overall it was a hugely profitable position trade. My concern has always been that we could go down to as much as $2. Which Tezos now seems poised to do. I was reluctant to sell my last position because of the massive profit we already had and...

Sherem Updated 

For those wondering about LINK, i am bullish at the moment. I wasn't too worried about missing the last move since I moved my link profits over to DASH and we doubled up. If you have any capital, we could move higher from here. My guesstimate is we would hit $10. Lot of strength on the higher time frames and it appears the smaller one's are all lining up....

Sherem Updated 

I was sitting here before Dash dumped thinking man that look like the Crypto ascending triangle. Sure enough, it was. So far ever crypto has a tendcy to do this, move up in a perfect ascending triangle only to then dump. this is basically market makers trying to screw people out of money before running it up again. Because of this, this is why I can draw this...

Sherem Updated 

Going to be quick here. I really like this Tezos Market structure we have going on here. iH&S. broken trendline and the rest of the market is holding. Re entering for basically what I bought in for. Cheers, -Sherem

Sherem Updated 

Traders and hodlers. I hope you guys are stashing away your dollars, cause we have been rolling in the green lately on these Tezzies calls! 7 FOR 7!! Woo. I wouldn't call this next one a "call" but more of a lets see what happens next this go around from booking profits at $3.29 from a $1.35 entry. Boo yah! Go hit the play button on my past calls if you are...

Sherem Updated 

Tezzies. We have had an excellent run here lately and we're starting to cool off a bit after a substantial rally. It's no surprise we are getting a pull back after a major rally. If you didn't get out in that 2 hour window where tezo was above $2.11 basically just on coinbase, I would worry about it. You should be in a very good position getting in at my last...

Sherem Updated 

This chart right here is really critical telling us how high Tezzies is going to go. You can see that this major resistance area has held up for quite some time. As soon as this area breaks to the upside there will be nothing stopping tezos from having a dramatic increase and potentially going all the way up. The fact that we are creating a higher low is wildly...

Sherem Updated 

i mean, I can't not at this point. This is ridiculous. Buying a few March 20 $400 puts on TSLA. rolling the dice here. Folks, I am buying a SMALL amount of PUTS. Like $1,000 worth. Meaning if this goes against me thats ALL I am losing. I wouldn't dare short it with unlimited loss but I will certainly gamble some puts on it. Cheers, -Sherem

Sherem Updated 

Ladies and Gentlemen. Traders. Hodlers and Skeptics alike. Gather round for this analysis on teh Bitcoin and longer-term forecast. Before we begin, let me clear about one thing in particular. Over the course of me posting charts on tradingview I get asked a lot "Sherem, why do you do it?" I do this for myself, so I can have a clear understanding of my trades and...

Sherem Updated 

I got in this one at a killer price down at .0002 and I am hodling. If you are looking to buy in, it appears we could possibly be approaching a buy area again. We can see that the MACD is beginning to soften and RSI is almost in oversold territory. Between this and the support zone just below, i imagine we will head down a little more before we have another major...

Sherem Updated 

XRP has been very underwhelming in the last few months. It had some very good formations that just didn't work out the way we had hoped. It appears this is mainly due to the rest of the market just not being ready to move up yet. The halving was still too far away. Plus I don't think it helped that ripple had their annual conference and needed to raise money for...

Sherem Updated 

Even though Roger Ver is a bag of tools, BCH is a great coin to trade and make money on. And BCH has a nice set up that I am long on right now. Notice how the weekly MACD has crossed over with strength. The sloping RSI moving up. Also notice that the pattern being formed right now is a double bottom/ascending triangle type pattern. Leads me to believe we are in...

Sherem Updated 

Lot of potential on this ETH chart if we get some follow through. Weekly MACD = Crossed. Weekly RSI = Created a higher low and is moving up The overall chart created a higher low happy Hodling, -Sherem

Sherem Updated 

I like charts like this LTC chart here. It gives a high probability that if we move in a certain direction that we will continue to do so. If we take the last percentage that LTC went up by and apply that to the next run, we get a hefty move all the way up to almost the $250 area. Maybe that will happen, but a significant resistance point is at $200 where I...