gillianpatrice

gillianpatrice

OMGBTC was one the coins that held up well against the Chinese news. Price is testing the 0618 level of the full move. A Fib analysis provides us with an indication of where we may head to if the trend resumes 127% & 161.8 overlapping price targets. We need to see a HH on than the last swing high on the 4hr to take this trade as the trend has not changed. Once a...

gillianpatrice

PAYBTC - has a good Dev team behind it and is a good long term hold. Price has reached the last fib retracement level of the overall rise - 0.236 & the first corrective wave fib extension 161.8% & support. Three levels where the Bulls are willing to buy. The fib analysis targets the 50% level (mean reversion) and the 127% extension profit target- the next profit...

gillianpatrice

My analysis of the Crypto market tells me that price is highly likely to hit the last retracement level before Bulls or Bears enter. Tells me that traders are very risk averse in this volatile market. BTCUSD went precisely to the 161.8 profit extension level before retreating for what looks likely to be a swing fib. If price holds this level of support and the...

gillianpatrice

It's becoming more evident that traders will trade from extreme retracement and extension levels. - 0.786 and 161.8 profit targets. I have adjusted my strategy to take less risk on trades. NEO has dropped to the 0.236 (last fib retracement level) and may hold. If this is the case we may see a COT on the 4 hr or 1 hr to take a long position on this pair. The profit...

gillianpatrice

PAYBTC has consolidated at a retracement level of the overall swing. It's a good coin however, there hasn't been much volume during the past week. Price may go down a notch to 0.00067504 = support and before heading up to the 50% of the entire range and this coincides with the profit extension of the last swing of the. Waiting for the Bulls to start driving price...

gillianpatrice

This could be the point where NEO begins to make its way to a Higher High. Price has retraced to the point where we make pick up some Bulls the TL and the 50% retracement level. The second leg of the retracement + the first leg down 'Symmetry'. If we break this area price may head to a deeper level. Please use caution when you trade - the plans I create...

gillianpatrice

UBQ is retesting the Daily TL for the third time coinciding with the 50% retracment level of the overall move. Not much volume on this pair currently. If price rises from here we may get to the target.

gillianpatrice Updated 

After analysing some swings you will see where price has terminated (profit take) Bears may be entering the market. This has occurred at the 127% price extension of the previous swing causing a 1-2-3 reversal pattern. If this is the case I have pulled some fibs of what may occur. You can see where a confluence of fib extensions and the retracement fib level of the...

gillianpatrice

I've noticed a few patterns emerging in the ICO's that bleed as soon as they list. Sometimes I have found that the listed price starts at a 127% of what the overall price range then retraces to the 50% level as you can see in this chart. So if you imagine that we are still Bearish on this pair we could see a LL before a change of trend - the low is indicated by...

gillianpatrice

LTC is considered a staple for a Crypto portfolio. It has good volume and a good Dev team behind it - Price rallied up to a level of resistance and the Bulls took profit and the Bears have now brought price back to a level that we may see the continuation of the Bullish trend. I like the levels indicated by the green arrows - confluence Fib Extention level of 127%...

gillianpatrice

I am a bit late in publishing this trade plan however, there will be two possible points to enter this bullish trend indicated by the green arrows. This coin is tipped to one that will have most use in countries that don't use bank accounts ie China. Price has consolidated at 0382 retracement level of the overall rise. The resistance line was broken and retested...

gillianpatrice

The Bears are winning and we may see one more leg down before the Bulls come to the sale and begin buying this great coin at a low price. The fib studies tell me that the overlapping extensions may provide an opportunity to buy. I will be keeping this on my radar as it's one coin I want to hold for the longterm Please use caution when you trade - the...

gillianpatrice

Price has declined sharply when this coin listed. It has formed a bottom support and the Bulls are seeing this as a good coin at a bargain price. Price has showed us that it's heading up now as it fibbed at the 0236 level. Wait for the retest of previous support the 0382% Fib level and the previous highs - role reversal to take a position long. I see a channel...

gillianpatrice Updated 

This is a very simple plan to buy into this coin. Resistance has been broken - buy on the retest. Price retraced to a 0382 of the swing so this usually means the target is 1.618 of the overall swing indicated by my arrows.

gillianpatrice

NEOBTC or the Chinese Ethereum, has been suggested to buy as a long term hold for altcoins. It's been on a run and its peak valuation reached 2Billion USD. The first corrective swing saw price drop 44percent in 5 days. The next step of this pattern terminates at the retracement level 0382 of the overall swing and 127% extension of the first swing and support &...

gillianpatrice

LItecoin was bought up during the ICO as it has some serious players in the Dev group and is called the Silver of the Crypto market. Price has consolidated around the 50% retracement level. Research suggests that it is currently undervalued and will be one of the coins used in the longterm. Price broke resistance, a long position on the retest of this level is a...

gillianpatrice

We may go up a notch to the next fib extension profit target based on the full swing indicated by the red line. If we do watch out as price may retrace to where the overlapping fib areas 0.618 or 50% of the full weekly move and the trendline based on the weekly. Please use caution when you trade - the plans I create are my thoughts based on past...

gillianpatrice

We have a change of trend (COT)on the lower time frames - a lower low than the previous low - this signals to me that we maybe seeing a deeper retracement. My plan shows a Bullflag or channel pattern. Usually, traders will wait for 3 strikes of the support before they buy. I analysed the price percentage increase of the last swing and projected the next leg...