bcampbell32

bcampbell32 Updated 

If you look back at my ETH post from Jan 31st I said I was selling my ETH for BTC. At that time ETH/BTC chart was around .11 BTC for ETH and now its about .062. So we can now buy 40% more ETH with our BTC despite bitcoin also going down. COINBASE:ETHUSD COINBASE:BTCUSD BINANCE:ETHBTC On to the chart we are looking at. RSI on the daily is heavily oversold Daily...

bcampbell32

On January 31st I posted that I was selling my ETH for BTC. It felt wrong in many ways but I was trusting the charts. It was a good call. We are at the make or break moment for ETH to keep its higher low vs BTC. Don't get me wrong, the chart looks ugly, but as we know, that can change quickly. I just bought back my position at 0.084. The 4hr RSI is extremely low...

bcampbell32

The current trend on LTC is still very much bullish, but with a 40% move in less than 48hrs (possibly 24hrs) we need to consolidate for awhile. Looking at the ltc/btc chart we are at all time highs. This may be a double top. We may break through it, and in that case we could go a lot higher. For every coin not named Bitcoin, I trade primarily by looking at the...

bcampbell32

Last few months have been filled with a lot of noise. From 5k to 20k and now close to a round trip back to 5k. I stripped away all the lines, indicators, hell even the volume and what we are left with is a textbook bullish chart even after coming down close to 75%. We should have all expected this even though few did. I started adding on the dips too early but...

bcampbell32

My last post detailed why I was buying ETH and why it would gain on BTC. In just 4 days it has gained some 20% on btc and its chart still looks amazing but something much bigger is happening. You are looking at the daily charts for Bitcoin on top and for Ethereum on the bottom. The only indicator I have on there is the 135 day moving average. Why the 135 day...

bcampbell32 Updated 

ETH is the most bullish of the big 3 on coinbase. As you can see from chart we broke out from the tightening pattern we had been forming since all time highs. As with all cryptos it is still correlated to bitcoin and if she breaks down, with her goes virtually all coins. If Bitcoin can break out of its wedge to the upside I believe ETH will gain not only vs USD...

bcampbell32

On coinbase the 11,050 level will be the test on bitcoin to see if we can keep the 4hr/6hr higher lows and try to form an uptrend. For the Ethereum it needs to hold the 1k area. Litecoin needed to hold the 187 area and it dropped below that. Because of correlation to bitcoin it may not matter in the end for ltc but it does tell us that we can expect a weaker...

bcampbell32 Updated 

4 days ago I posted the red flag and 3 days ago I posted that my trading account went to full cash. Since then we flushed down 5k and I bought back in. To be honest, I started buying early around 12k, but I bought all the way down to 9800 on btc and my lowest order fill on ltc was 137. Those coins I bought around 10k btc and 140 ltc I sold at 11k and 195 areas....

bcampbell32

This chart goes back to the Dinosaur age in crypto terms...July! Anyways, what you are looking at is the daily chart of litecoin in ethereum terms or simply ltc/eth. We have bounced off the long trend 4 times now and the one time we went through it resulted in a very nice recovery . Rsi is also oversold. COINBASE:ETHUSD COINBASE:LTCUSD I dont expect most...

bcampbell32

Yesterday I posted on bitcoin and how it broke down through the 50 day moving average a few days ago and then yesterday got rejected at that same indicator (arguably the most used indicator of them all, the 50dma). Today you see that just moments ago as of writing this at 8am Los Angeles time we attempted to close the 4hr candle above the support level I draw in...

bcampbell32

Keeping this very simple. Two days ago we broke through the 50 day moving average and failed at it as we approached this morning. Ethereum and its competitors (NEO and EOS) continue to crush it. We may be seeing a sea change here. Long term BTC has always been my largest holding and will continue to be but my trading account has 0 BTC and much love for the eth...

bcampbell32

I have been finding that the 40 moving average on many of these cryptos is more promising than the typical 50dma in stock land. On the hourly, 4hr, daily, etc many of these coins use the 40ma as support. What we are looking at here is the eos/btc hourly and how the breakout occurred a couple days ago by bouncing off the 40hr moving average and now has found it as...

bcampbell32 Updated 

This one is two part. I bought full position and plan to take half off around 1200 satoshi area and the other half will let run. We held the higher lows on the four hour and just broke out at 1083 satoshis on the 5 min. Good luck to all BITTREX:FUNBTC

bcampbell32 Updated 

Its already moved alot this morning and on a eos/btc basis is already at all time highs with a blue sky breakout. 4hr bullish macd crossover in effect and hourly volume looks solid. The green line shows us just breaking first resistance and the curved lines I drew represent a bullish head and shoulder reversal pattern. RSI is still not close to over bought on...

bcampbell32 Updated 

Big player on long term trend breakout has confirmed. This is the one to be in. Maybe its the completion of Bitcoin massive run, then litecoin from 100, then ETH to 1400, and now the coinbase/gdax round trip is hitting the home stretch. 4hr lower highs has been broken with major volume as macd cross took effect. This down trend started 20 days ago which is...

bcampbell32 Updated 

Another duplicate post here. Major typo in headline. HIgher lows is what we are looking at here, not lower highs. One day ill get this... Heres the post. BITFINEX:LTCUSD The green lines show the daily higher lows on the daily chart . The last two bounces went for 60$ and 80$ gains. On that trajectory we would be looking for a $100 bounce to the $330 levels where...

bcampbell32 Updated 

For trading purposes I would wait for the .00035 levels on this to make an entry or for some consolidation on the hourly time frame. I wouldnt buy up here even though I am aware it could go alot higher. These rising wedges as drawn in by the black lines usually play for amazing breakouts. It even gave the trader some time and a pull back close to the breakout...

bcampbell32 Updated 

The green lines show the daily higher lows on the daily chart. The last two bounces went for 60$ and 80$ gains. On that trajectory we would be looking for a $100 bounce to the $330 levels where there is also some resistance from the down trend in the 320 area. If we get there that is where I will look to exist trade. We are well above the 50 day moving average...