DGB is looking strong. Candle close above resistance line on 4h as well as daily chart. MACD cross on Daily. Small write up I know, but a pretty straightforward chart. Last time when the chart had a profile like this it went parabolic up to 2500 sats very quickly, but I'm just shooting for 1200-1400 sats for my target for now. Keep in mind BTC could still...
Lower trend line broken and approaching .618 retracement level. Hopefully that is it, but MACD still not looking too great at the moment. If we don't get a bounce, expect to see 500 sat range next.
MACD on 1D is close to a crossover Upper resistance trend line has broken. First target 6200-6600 satoshis Personal Stop Loss 2425 satoshis. (Set your own based off of your personal risk desire, but I'm going off that last low) I'm not an expert. Trade at your own risk. If you agree or disagree feel free to shoot me a comment or mash the thumbs up button so...
Looking at the 1 week chart, it isn't too pretty. You can see where BTC broke above the old channel and where the price targets are if it retraces back to those trend lines. The MACD has crossed and we had more downward movement today. I've sketched two scenarios of what I'd guess will happen assuming we don't just go to 0 which I'd find highly highly unlikely,...
Just an update to the previous idea. It looks like we are getting the 5th wave down now. Previous idea still seems to be holding true. Might be seeing 8k in the very near future. A lot of trend lines etc line up with the 0.786 retracement level. MACD is crossed on 4H chart currently. Interestingly enough the MACD has now crossed on the 1 week chart. This hasn't...
Hey all, I was looking to try and determine a good entry point for GAME after selling at the end of what I'm assuming to be wave 1 of a new cycle and came up with this. I measured the fib levels from the last big run up for each wave of the old cycle and did the same for the new cycle to predict where the waves would fall roughly if history repeats itself. It got...
I'm looking to buy back in around 8500 USDT If it looks stable. MACD on 1 day charts doesn't look great, the 3D charts on Bittrex look like they could cross soon as well.
I've seen a lot of back and forth on this and I'm not a professional trader so take this how you will, but I'm not so confident the correction is over. As of now I'm waiting for around the 8500 range to buy back in. It may go lower and test 7800-8200 or even lower depending on what the market decides, but that is my personal plan. If this current bounce back...
I'm holding this coin through the swings since I bought in at a lower price, but here is an update for a potential buy in. Looking for a strong bounce off the 0.5 Fib level to continue the trend. Still a potential for the price to drop, but this should be about as low as it goes if the trend lines hold true. Long term I expect to test or surpass the ATH, short...
If the pattern continues, this is the buy point. If it breaks through, it could test the bottom main trend line. I'm holding for long term regardless, but figured I'd put an update out. If nervous about it going down, wait for a breakout on the top side to enter.
I'm still locked in on a previous buy back due to this quick drop and the fact I didn't have a stop loss set (oops), but I was looking at the chart to get a feeling of how far I thought it may continue to drop and came up with this. I'm hoping this is the bottom and that the uptrend has restarted. If so, we may be seeing 1000 sat range before too long. (The red...
Sorry I haven't been updating, I've been prepping for wedding etc as of late. If for some reason anyone hasn't already jumped on the rocket ship and already holding until Dec 25th time period for the fork, this may be a last chance to hop in before another spike. Note the pink lines and triangle formation. Buy near where it touches and stop loss set when it falls...
Just a follow up to the previous charts. I've been trading this triangle up and down with a small amount of coins I was still holding. I still have buy orders set around C, some as low as 2300 sats. If candles close above the triangle I'll buy more and ride it up, if it closes below and heads towards C I'll sell these coins I've been short term trading with. I'm...
I'm a bit torn on if this will be a normal ABC Correction, or if this was wave 5, and a larger correction will take place like the last large uptrend where it dropped to around 2000 sats after hitting ~4100 sats. I know this is a bit cluttered, but I've tried to see where on the fib the different waves have fallen in the past, and there appear to be some...
This is a follow up to the chart I just posted since I honestly have no idea how other guys are putting pictures in comments section of other charts. This chart has the fib adjusted for if this is in fact the 5th wave, and the ABC has been adjusted along with it. For reference, the C wave has been tending to touch or go slightly below 0.382 retracement. This...
This is my first time trying to draw lines etc and I keep seeing everyone saying ZEC to moon etc, but I'm wondering if we didn't just have a spike before a bit more of a drop. Disclaimer: I'm new to this, and seeing if there may be any merit to this theory.
I'm sure everyone already sees this looks like the start of the last 2 big spikes, just sharing what my plans are. The blue line is roughly where it had dipped down to before shooting up previously, and I'll have a stop loss around 1275-1300. The target brackets are around where I'll have my sell order at, then potentially buy back on dip to try for the next...