As forecast, DASH log trade has come good. T1 target hit on Dash - we can book in 50% profits giving us a free ride. We now can sit back and enjoy. Always lock in profit. This way when you have losers they get quickly covered. T2 and T3 in sight. Hope this helps. Sean Vengan, Professional Cryptocurrency Trader and Trading Educator
Looking for Stratis to bounce here providing us with a long trigger. We have potential support both on the base of the Ichimoku cloud and a trendline Note there is no signal yet, so therefore no entry yet but stay Alert. Another very low risk High Reward POTENTIAL setup. Be patient - wait for SIGNAL. Hope this helps. Sean Vengan Professional Cryptocurrency...
As previously forecast, our patience has paid off. Steem has returned to the area I highlighted in advance. There is no disputing that Steem is in a downtrend. However, we are on ALERTto see if it is reaching oversold. Note this is a CounterTrend trade - so initially trade small. If and when we get our long signal and trigger this presents a very low risk high...
With Bitcoin moving closer to my forecast Target 3 I want to share a question I just answered regarding Bircoin: Question: "Doesn't anyone believe that cryptocurrencies should be regulated to prevent a future financial meltdown?" My answer: "Firstly let me say I am a huge fan of Bitcoin and Ethereum but yes they certainly should be regulated. At present,...
Looking at the left chart we appear to have completed Wave 4 and now developing Wave 5. Wave 5 is ecpected to test current All Time High (Double Top) or making New Highs. In addition, there appears to be a pattern of an Inverse Head and Shoulders developing. This is a bullish pattern and should the neckline be tested and broken New Highs could be made. We must...
Monero (XMR) is threatenng to break out on the upside. There is heavy support for it hear from the Inchimoku indicators and the moving averages This represents a good BUY opportunity. Hope that helps, Sean Vengan, Cryptotrading Mastery Professional Cryptocurrency Trader and Trading Educator
Ethereum structure has now changed to the upside. It has broken out of the Bear Channel and it is now a good BUY - if you are short, stop and reverse. Entry, stop loss and Target marked on the chart. Looking for a 3:1 Risk Reward. Kind regards, Sean Vengan Cryptocurrency Trader and Trading Educator
Ethereum Classic looks like a good BUY and a low-risk trade. Entry, Stop Loss and Target shown on chart. Hope that helps, Sean Vengan Professional Cryptotrader and Trading Educator
Immediate Buy of Litecoin at $44 - note it is very popular in Asian countries, notable Korea nad China. Accounting for 50% of its usage. USA also heavy user of litecoin. I see Litecoin as rising as Bitcoin falls prior to August 1st BIP Deadline Hope this helps, Sean Vengan Cryptocurrency Trader and Trading Mentor
As we approach August 1st deadline I am of the view Bitcoin will have turbulent times. If we have a break below $2,600 I am forecasting to go Short for a handsome 4:1 Risk Reward Sean Vengan Professional Cryptocurrency Trader and Trading Educator
Hi Ethereum has reached the upper limit of a "Bear CHannel", see chart. The expectation is that it will return to the mean (dotted line). By placing your stop above the 2nd of theHhigher Highs and entering short at current price the traget wil be a mean reversion trade. This represents a 2:1 Risk Reward - Risk $1 to make $2.. Hope this helps, Sean...
We have a potential long setup on Ripple (XRP), however, we must first wait for confirmation.Current price 0.266cents. A nice wedge pattern is forming on the Daily chart . To have a larger view of the chart, just right click on the chart image and select "View Image" Ripple LongSetup 2017-06-29_8-36-24.png If price can rise above Kumo and have a breakout of the...
The pennant formation (sorry I have stated it was a flag on the chart) setup on Stratis (STRAT) is a low risk high reward long trade. Whilst others coins have taken a hammering, Stratis has remained indifferent just travelling sideways treading water. We currently have a Doji on the daily chart this presents for us a low risk long trade entry. If it breaks the...