Now we analyze COMP/USDT. We see here the major bearish divergence which signals a downward movement. If this downward movement takes places which looks very likely, we can see a move to support at $608, if we can breach $740 and keep 4HR candle above it then we can see possible move upwards, I am not taking position here but best bet is a short to $608, take...
BCH/USDT seen here on Bittrex touching our support line of $1181 so now we can see a sideways movement or a pivot to upside or downside. We have a bullish MACD touching on the 4HR so we will watch this, if support of $1181 holds we can see $1382 short term target to take profit, I will personally not enter here but for shorters you can open short here and wait for...
ETH appears to be weak right along with BTC, ETH had strong run that did not match BTC recently, we have some increasing selling pressure and a gapped MACD, however we have ETH bouncing off that local trend line support, if 4HR candle closes above $3765 we can expect some more upward movement but if candle close below the trendline we can see downward movement to...
Very basic TA here, examining the Maker/Tether pair on Bittrex, we have local support at $4583 and local resistance at $5080 so now we will wait for confirmation to the downside or the upside. If it breaks the top trendline we can shoot for around $6k but if 4HR candle close below support we can expect townfall to $4331 and then $3714. We do not enter here, we sit...
Today we are doing simple analysis of BTC/USDT chart. We will not short or long in this situation, this is simple analysis to make better decision later. We see BTC dipping further towards the $43k range which indicates a futher downslide is coming, however we do see a bullish cross on the 4HR MACD so if BTC makes a move upwards it will meet resistance at around...
Here we are going long on WAVES/USDT, we buy at $32.68 which is in good entry zone and support level. We are still in bull cycle so this is a good chance to get some WAVES. I have mapped out some targets to take profit at, the rest is your decision. BUY: $32.68 TP1: $35.29 TP2: $41.86 As always set your own stop losses to protect your fund, this is a good level...
Here we open LONG on VAL/USDT at $6.6, we see a strange cup and handle pattern as well as a broken trend line, as long as it continues to respect this trend line we can expect some more upward movement, if it breaks one level, the next is possible, whether we are up or down so protect your funds accordingly. Could see 15$ again if it does real well, but we will be...
TNB Looking bullish ENTRY: 26 (still waiting) TP1: 29 TP2: 31 SL: 24
Looking pretty bullish here after bouncing off trendline support and rising above 50 EMA, buying volume could be taking over ENTRY: 68 TP1: 74 TP2: 79 SL: 60
4HR chart looking bullish here ENTRY: 0.20719 TP1: 0.21097 TP2: 0.21379 SL: 0.20214
4HR MITH Chart looking pretty bullish Nice bounce from correction MACD bullish turn RSI bullish ENTRY: waiting for 117 TP1: 127 TP2: 135 SL: 106
TAKING ELF LONG POSITION Many bullish signals: ASCENDING TRIANGLE BULLISH MACD TRADING ABOVE EMAS NEWS INCOMING HIDDEN BULLISH DIVERGENCE ON RSI ENTRY: 1176 TP1: 1258 TP2: 1309 SL: 1062
I AM NOT IMMEDIATELY TAKING THIS POSITION ENTRY: 1390 TP1; 1486 SL: 1340