andrerwyss

andrerwyss Updated 

Looking to catch some long bids on the next dip in $LTC. I believe we are targeting $127. Current set up allows a 4RRR. Current stop is at relative low 2.

andrerwyss Updated 

Long trade idea, looking to be priming so offers a nice RRR.

andrerwyss Updated 

Monthly candle stick will close as a shooting star unless there is major upside price action tomorrow. Similar monthly shooting star at the same levels during March 2022 resulted in a -16% decline. Smaller time frame set up has expected price target of $1950.

andrerwyss Updated 

Similar set up to NASDAQ:COIN where there is an inverse head and shoulders and a HVF forming on the right shoulder. The break of NYSE:SNAP HNVF will trigger the break of the neckline of the inverse head and shoulder while NASDAQ:COIN would not. Both are good set up given the inverse head and shoulders backing up the long bias and HVF set up.

andrerwyss Updated 

I am seeing a good set up for a long on $COIN. It has a inverted head and shoulders being set up on the larger time frame and this current set up will take it to the neck line. NASDAQ:COIN recently came out saying they may move out the U.S because of regulatory uncertainty.

andrerwyss

Whats going on with AUD? Significant event incoming for Australian currency.

andrerwyss Updated 

LTC is currently breaking out of a HVF structure. Bitcoin is down 5% after the fed increase rates by 0.25% and $LTC is one of the only green coins today. I took an early entry yesterday currently in at $80.72 with a stop loss and $80. I will move stop loss to $79.45 if the trade develops to first target at $85.73.