guiye1984

guiye1984

ETH has formed an ascending channel and has started its way to the top that would currently sit at around the resistance level of $1800. The MACD suggests it is a good time to buy. First target will be $1800 which would provide a healthy 4%+. However, $1800 is a key level and the fact that it will meet the top of the channel can give us the answer on ETH next...

guiye1984

Not trading advise, just playing and learning. XTZ is about to hit the top of an ascending channel, the top now closely matches the $4.0 resistance level. MACD is looking good, so if XTZ manages to break $4 it can be a good chance to buy. Depending on the market I will see how to close the trade, but with BTC and ETH also looking decent at the moment I would...

guiye1984 Updated 

Not trading advise, just playing and learning. Similar to the previous two runs, XLM is forming a triangle that has a resistance level in the previous high ($0.35). The triangle is running out of space, so I will be watching for a powerful candle upwards that should resume another bullish leg towards breaking the previous high ($0.6). If this happens I will buy....

guiye1984

Not trading advise, just playing and learning. Looks to me that BTC have formed a H&S pattern. My gut feeling is that we may go down to test support, either 44-45k or the stronger support at 42k. Careful if you are trading alts, if BTC does indeed go down very likely most coins will be affected too. Good luck!

guiye1984 Updated 

Not trading advise, just playing and learning. ICX has been trading between a parallel downward trend. It is now reaching the end of it, it will either break it or make another swing down. If it breaks the $1.7 I would consider the trend invalid and look for a new position depending on what the market does. If there's a powerful candle breaking the top, time to...

guiye1984

Not trading advise, just playing and learning. ATOM broke above the $20 level resistance and the one hour chart shows an upward pressure channel with higher highs and higher lows. This opens a potential decent swing trading between around $20 to $23, how low to buy or high to sell depends on risk appetite. Please comment and let me know your thoughts and...

guiye1984

Giving credit to @TheSignalyst as all I'm doing is pretty much copying his style. Not trading advise, just playing and learning. Currently XLM seems to be trading between $0.4 and $0.44. I'm labeling $0.4 as minor resistance as it has been broken several times recently. It could be used as a swing trade but I prefer to be more conservative and I will wait to see...

guiye1984

Been following and learning from the @TheSignalyst. XTZ broke resistance and is trading above it, I would expect now to test $4.2 or $4.4. Not trading advise, just playing and learning.