gillianpatrice

gillianpatrice Updated 

After many years of training long hours and reading lots of books about trading I still manage to fall into the state of FOMO. or Fear of Missing Out. It's hard not to get caught up in all the hype at the moment about Litepay and Litecoin. I want to buy more LTC but it cannot be here at this level. So I have planned how to trade this and what to trade LTC against...

gillianpatrice Updated 

I think this coin has a lot of potential and I am going to build a position once we start seeing green candles on BTC. I expect price to test the support that was once resistance for more upside. My 1st target overlaps with the fib extension and the top of the channel.

gillianpatrice Updated 

ETH has failed at the final gatekeeper 78.6 of the previous move swing (1). Whilst my overall bias is bullish I've scaled my position until price finds support. FIb #1- overall fib of the ATL and the ATH Fib#2 - the corrective wave after the bull run. Fib#3- the last wave 5 before the recent correction (price failed here) I am looking for a level of support...

gillianpatrice Updated 

The market is correcting and this is a good sign as we have more traders coming into the market and they are waiting to buy low. We were at a 200% fib extension - the retracement is predictable. I'm looking at a fib extension of the last corrective wave after the move up - 127% this also happens to be support. I have indicated my targets to scale my position. I am...

gillianpatrice Updated 

I like checking out different tools to see what other traders may be watching for. I particularly like the GANN FANN as a way of visualising moves and where support and resistance may be. Price may follow the recent Bullish Gann Fan and if we break higher than the resistance at 10100 I like the play for a higher high.

gillianpatrice Updated 

I often look at a weekly chart to see where price is - it's a good overview and you can often look and plan for a trade using lower time frames using weekly fib levels by waiting for reversals patterns to confirm entries. We have not broken the weekly trend line as this weeks candle has not closed. Until it closes below this line I will look and plan for long...

gillianpatrice Updated 

Maybe we have arrived at our final destination. The fib study; #1 - the fib of the entire bull move. #2- Fib of the last wave before the ATH was made. #3- Fib of the bear move from the ATH to the swing low. Fib #3 - Price has hit the 127% extension from the ATH and the 1st corrective wave. I have drawn this from the failed high where the capitulation of BTC...

gillianpatrice

ETH has had a marvellous run - and as GOLDBUG1 mentioned in his post it has the same characteristics as BTC before the extension or the last wave before the correction. Future: My analysis tells me that we will see a move long in the next few weeks. Past: Price has stalled/consolidated at the 127% extension of the last corrective wave after the leg up. Present:...

gillianpatrice

Price needs to break through this area of resistance to attract more Bulls. I have drawn 2 possible scenarios- you can never be sure what will happen. You just need to prepare for both scenarios. Price may falter at the 16K area before heading south. Or if resistance becomes support we are heading up. My bias is long.

gillianpatrice Updated 

Previously I published a daily chart indicating where I thought price may begin to gather momentum and head up. On the left is the Daily chart. Price is retesting a long term trendline for the 2nd time at the 0.382 retracement from the swing low at 5100 and the ATH and we are at a 23.6 fib retracement level of the last swing. That's 3 compelling points for me to...

gillianpatrice

Price is retesting a long-term daily trendline, if price begins to falter here and we see a COT (change of trend) on the 4hrly chart I will add to my position. I have bought BTC to early so I will be waiting on more confirmation to enter the market this time. If price breaks the trendline we will see 8370ish or the 23.6 retracement level before heading up. I have...

gillianpatrice Updated 

NEM is on my list to add to my position. I was waiting for a deeper retracement - price has met the daily trendline and the Bulls have taken over. My projections are drawn on the chart.

gillianpatrice Updated 

I have held off buying Ethereum as I would have chased it and I have lost too much $ over the years in doing that. My reward is that I get to buy in at a very good price. Its like sale time with Crypto's. So I will buy off my level as price has now held the reverse fib level on the 4hr chart confirming my trade plan. See my new targets from the corrective move.

gillianpatrice

Chinese Ethereum- I researched this coin a few months ago and was convinced it would be a good coin to invest in. Well looking back it was one of my better decisions. I have tripled my investment and I have scaled my position significantly and I am now looking to buy back in I see several levels. Maybe BTC will give me a clue - correlation. I like the converging...

gillianpatrice

I have owned DASH for a while and I am waiting for a sign to add to my position. My plan is to wait for the resistance to be broken and retested before I add to my holdings. The projections or targets are not clear so use them with caution. I've noticed many charts in cryptocurrency Usually, the 1st move swing (flag pole) is repeated from the bottom - see projections.

gillianpatrice Updated 

Price has respected the hourly trendline a 3rd time- Some cautious traders will take this entry long as they wait for a 3rd touch and watch for price action to take the trade - however, they mitigate their risk by not jumping in too early and sweating out 20%- 25% in the red. It's a good place to take a long from if you feel you have missed the boat.

gillianpatrice

I have had this coin for months. It was slow to increase in price but my hunch paid off well. With Vitalik Buterin(co-founder of Ethereum) at the helm of the Dev team it was a pretty good bet. I have sold down at the target and I need to buy back in to build my position. So I am scaling NEO at 334% profit to buy back into OMG to increase my overall ROI on my...

gillianpatrice

Sorry I was unable to edit my chart after I posted it. Here are the projected targets.