This is one of the stocks I hold indefinitely for dividends. we're at the bottom of our current channel and a double bottom is forming in a major area of support. In my previous post I stated my accumulation sections are in the lower end of the channel, so this is prime real estate to enter. Momentum downwards has come to a halt and I believe we will retest the...
Our Vix Fix Find Market Bottoms indicator is starting to build a floor. Our RSI is extremely low on the 4-hour and we are seeing a potential double bottom pattern form right underneath a major area of resistance and where our last macro move up started. Our KC has now been broken under and I believe we will see a pullback from here to re enter the channel. I...
An obvious floor on our Vix Fix Find Market Bottoms indicator has appeared. A similar pattern that we saw at the reversal of the macro trend line has appeared on the 4-hour chart. RSI is consolidating and about to break over our moving average line. MACD and TSI are also starting to lower in momentum and flatten out. We're in a major area or support and I...
Is the BTC dominance too high to allow the macro market to grow? I've noticed that throughout this bare market cycle Ethereum has an extremely strong presence when looking at the trend of the crypto market in its entirety. It makes stronger moves, which is great, when you're going up. It also makes incredibly fierce moves down which I'm sure the bulls...
After major market moves like what we just saw I tend to let the bigger picture unravel a bit more before I enter any new trades. We were rejected off of our macro trend line and are now resting in a small level of support between 19,500 - 20,100 Our next major support level is 18,500 - 19,000 if we break down through that trend I'm expecting anywhere from 15,000...
Momentum has halted and my order hit for .30 USDT. Such an amazing set of trades. I expect a move up from here.
Momentum has entered a major support level and I believe our reversal will happen in this region. Trade has closed for 50% profit on 2 bitcoins! Unbelievable.
Momentum downward has broken underneath a major resistance level and halted. I have exited this position and am looking for it's next move up now.
Momentum downward has hit its next major support level and was closed with a limit order.
Longer than I would have liked to be in this trade, but it ended beautifully! Momentum downward has halted and we are in a major support zone. I expect a move up from here.
This was my biggest win from this set of trades. A huge 80% pull in 5 days time. We're in a major region of support now and I believe we will see a move up from here.
Momentum downward has halted and my limit was hit for a 50% profit! You got to love support and resistance levels! Looking for a move up now.
Momentum downward has come to a halt and I am closing this out for +40%. This set of trades was extremely fruitful! Looking for my next move as we speak.
Big heads up to all traders and investors in this space. You often see these market correlated moves happen before large selloffs. Bulls beware!
See Bitcoin and Ethereum charts for extra info. Momentum upward is extremely entered and we will retest for support.
See previous trades posted for extra info. Momentum has started to pullback. Our price action should soon retest for support. Momentum scalp trade initiated.
Momentum is thinning upwards. Entering an intraday scalp position.
Momentum has slowed and we’re starting to see a pullback. Large jumps in price action, when trading cryptocurrency, is a candle pattern I’ve noted in past trades that I call institutional candles.