From what I charted quickly, looks like we have decent support in the green box. I'd like to see it push nicely through the added black horizontal line at 9444. I think that will be the first real test of resistance.
Hello hello! I've been playing around with my own version of scalping for the last couple days and pulled some decent profits. This is highly NOT recommended unless you have your risk management and emotion in check. As yo ucan see, I go crazy with the FIBS. I pull the main ones off the daily and 4 hour charts, and also do them for the 15 minute and even 5 minute...
WAN is definitely strong in the market, still. Attached my current trade. -EMAs crossed -RSI still healthy-ish -Possibly slight bullish divergence -Bears being rejected at noted Fib levels multiple times -Decent retrace from previous run up (short term) ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted...
Keeping a close eye on NCASH here. Looks like its still trending upward. Not in the trade yet, just set a potential stop loss if I were to enter at the current 532 sats. As usual, use FIBs for potential resistance, support, and targets. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line:...
TRX has gone on a pretty good run already, but could possibly have another leg up. I'd keep a close I on the news AND drama surrounding this coin with a definite stop loss. See Chart for possible profit zones, Risk/Reward ratio if entering now, and notes as to why I think it may bounce. Let me know your thoughts please! ROOKIE trader; Follow at your own...
I've decided to re-enter ONT. The EMA crossing confirmed on 30min. Bull flag is still valid. A bull pennant has also formed. See new targets determined by Fibs (potential supports and resistance) flag pole lengths. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line: mock buy, not in the...
View this chart at 30min and 4 hour. Might enter this trade soon, good Risk:Reward in my opinion. I would target both of those 1.618 Fibs. Drew some lines and it seems that is the next stop with substantial resistance. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line: mock buy, not in...
Still haven't entered this trade yet, but feeling more bullish on it now. It ended up bouncing between the .786 and .618 FIBS and seems to have decent support within the pennant. I modified the patterns as you can see; it appears we may be starting a descending broadening wedge in the shorter term. This pattern is bullish and has a very high success rate. It may...
Hello hello! I already have a 30 minute chart posted, but wanted to take a look at the bigger picture. LRC has been looking awesome. It blasted through the current resistance zone and still has healthy RSI and other indicators. It looks like we are now forming a large bullish pennant on the 6 hour. If the pattern plays out we could see it elevate another 40% in...
See the circled areas. Updated from my previous 30 minute chart. -Trouble at resistance -MACD histogram starting to show bearish divergence, MACD blue line curling down. -RSI beginning to possibly form a descending triangle -Chart forming an ascending wedge (bearish reversal) I circled the areas in question. ROOKIE trader; Follow at your own risk! -Solid...
I've been bullish on platform coins progressing this year; ADA is no exception. I've entered the trade at the orange line already. Looking for a bounce off the flag and up to the first target noted, to start!
Posting this one up but haven't entered yet. Ethos updates on Twitter have been pretty active. Another potential descending broadening wedge (Can you tell I like these yet?). Possible cup and handle, but the cup is pretty ugly to be honest. Regardless, I set a target as if it were one between the black FIBS (pulled from the daily chart) at .5 and .618. I would...
Hello hello! Took a quick gander at this one. I have a feeling way be seeing a false mini bear flag on the 30 minute. I'll be looking for a strong bounce off the noted .382 fib line for a possible breakout of the larger pennant. Potential for a 40-50% gain! Volume looks weak, but if you look at the 30, it's beginning to rise. I would like a little more...
Hello hello! Posting only the 30 minute chart, but you can convert it to daily to see the bigger picture. I've already entered the trade, but my ideal entry is noted. On the daily, looking to target resistance zones at dark red FIB zones 0.168 (0.0005148) and 0.236 (0.0006121). Volume looks amazing on the daily as well. A large push could potentially send us all...
Hello Hello! Quick look at ZIL too. Descending triangle on the 30 minute may push price down to the .618 or .5 FIB. Looking for a strong bounce off one of these FIBs (watch volume) t oaccelerate it out of teh larger pennant on the four hour chart. I like how the targets for the flag pole lengths land EXACTLY on the Fibs! Targeting that 1.618.
Lower lows on RSI. Possibly looking at confirmation of all three EMAs crossing above the 55 EMA for possible indication of break out?
Hello hello! I happen to have a bag of ETH in my Robinhood app as well. It does not support wallet-wallet transfers, but is very easy to buy/sell without any fees associated. While I remain long on ETH, I'm going to play around with Fibs, RSI, and the 30 min chart to see if I can scalp my capital up a bit. Anyone tried this on Robinhood? I think it's time I learn...
Would like to see a 4 hour candle close above or at the breakout point around 760 sats to enter. Realistic target would be at the next major FIB