Thierry88

Thierry88

A family member asked me, if he shall buy AMS at 38$. My first look at the chart was just a "WOW", what an incredibly massive Head and Shoulders. I told him to short the market rather than longing it. And what I recently understood... Even though people are able to short the market, people just love to long the markets and they mostly dislike to short it... Must...

Thierry88

ETHUSD took the support from old heavy resistance (blue support line at 208$) It's currently in an ascending triangle on the 1h chart and targeting the 268$ area. Heavy resistance is going to occur between the levels 268$ (old support) and 274$ depending on the timeframe. I expect 274$-275$ to be the heavier support. Disclaimer: I was lucky to open a margin...

Thierry88

Hey guys, I'm taking a shortterm LSKUSDT trade. Looks like an ascending triangle on the 4 hour chart. 25% Upside Target... Happy Trading

Thierry88

You may have noticed the market standing still. Bitcoin is really capable of going in either direction at the moment. But the direction for XMRUSD is pretty clear. As mentioned in the last trade, XMR lost its uptrend. Furthermore it closed the monthly candle in a hammer candle, taking that downtrend / triangle resistance. Be prepared for further downwards...

Thierry88

HBAR had a golden cross when the Google News came out. Since the push, it retraced, only to hit the Golden Cross Emas. The uptrend line looks exactly the same as the one on LINK (both uptrend lines to be drawn ignoring the false escape early on the uptrend). LINK had the support from the big W which you can see from your proper eye. HBAR had the support from...

Thierry88

I expect this one to move at least 20-30% to around 0.046-0.050$ target. From there, we have to reevaluate, it may be the start of another leg up too. After the google hype it cooled down a bit to the 0.382 Fibonacci. From here, we have a chance to make a move, depending on what BTCUSD is doing. //The PINK line is from yesterday, don't look at it :)

Thierry88

Searching a short entry on BCHUSD to possibly complete an inverse H&S. Target 1 entry: 358$ Target 2 entry: 364$ Target 1 exit: possible ascending triangle bottom ~240$ depending on when we hit it Target 2 exit: possible H&S target ~180$ HAPPY TRADING!

Thierry88

There was heavy resistance on the monthly Ichimoku Cloud as the base and conversion line were at the same spot. Being rejected, there is a high probability, that the price drops and the cross of the two lines is being confirmed, a bearish signal. Furthermore we have the cloud, which is extremely narrow and therefore easy to break-through. The lagging span (green...

Thierry88

NEO! Our beautiful little Antshares! Going down to 2$?

Thierry88

Some silly triangle is being created. Let's see what happens to the crypto world. It is maybe a bit exaggerated, but who knows, time will tell. I mean looking at the overall picture... Is a token such as Ripples XRP really worth 24 Billion (market cap considering max tokens)? The truth is, nobody uses XRP... Maybe it should be worth 200 Millions, or...

Thierry88

The Head and Shoulders triggered. - Target 1 - H&S: 21 cents - Target 2 - Expected Future Target: 14 cents

Thierry88

Broke the trend. Hit triangle resistance. Bearish

Thierry88

Time for a Tesla Correction, reasons: Hit first target (drawn when Tesla was at 280.-) Weekly Hammer Candle Followed by a Weekly Doji Candle TD 9 in Weekly Chart Buy Zone appx. 450-500$: Old Channel Resistance 0.382 Fibonacci 50 ema

Thierry88

This is what the Ether dominance looks like by now. It escaped out of the falling wedge (which worked perfectly) and should recover heavily vs. Bitcoin. Happy trading!

Thierry88

My argumentation: Cardano has been sold off three times for more than 80% - Elliot Wave Theory --> ABC correction coming Selling pressure seems to be gone since moving in that range, it doesn't seem as if anyone wants to sell it below these prices --> market makers will have to move in the other direction to benefit from the situation The 200 ema in the...

Thierry88

I am long LSKBTC, a 9 13 9 in the monthly chart, could not have asked for more than this. Lisk is a great project, just check out there github and you will find out, that they are developing like fools! I think it is an under the radar project, not getting the media attention that it should, but that's just my opinion.

Thierry88

DASH hit a massive downtrend resistance line and built a super bearish reversal candle with the close yesterday. I see DASH coming back to earth, maybe even back to 40$-55$.

Thierry88

ETHUSD just had a bearish cross below the kumo (cloud) which is an extremly bearish sign. Elliott Wave Rules: Wave 3 is the longest wave If Wave 2 corrects fast, Wave 4 corrects slowly. (Which was the current correction) Furthermore, the ETH.D chart escaped out of it's wedge (bullish), but just in regard to the dominance. Because if BTC drops heavily let's say...