We seem to be forming a classic wyckoff pattern. Textbook accumulation with large volume breakout. pbs.twimg.com I'm looking to buy the stop run back into accumulation zone (very common). Very strong orderblock here as well. Upside risk/reward is amazing at 6:1. I will be closing my trade a bit below where I think price will end up.. not getting...
Pivot points match up with fib lines show two potential bounce zones for BTC to go on next big bull run. Fibs and wedge also illuminate how we might move the next few weeks
Waves is the russian neo. Very undervalued. Close to bottom. A lot of updates incoming
I think $BCC / $BCH looks really good here. There are a number of technical indicators that are pointing towards short-term bottom, plus some psychological ones that also fit very well. Technical: 1) Bottom of 2 day channel 2) Just touched down below .236 fib line which is often a bounce zone 3) Next fib level where sell target should be is 35-40% up. And if...
Here is a trend I expect $ZEC to follow roughly. Unfortunately it hit my stoploss just before this bullish wave. However I think there is still a solid risk reward ratio to take the trade. Entry in green zone. Sell in blue zone. Potential profits could be around 17-19%. I think this is a solid trade because even though $BTC is looking bullish $ZEC still rebounded...
$SYS is a great coin to be holding. Masternodes are coming in, project fundamentals are great. Attacking a giant market with basically no blockchain competitors. Huge volume as well. I see two scenarios for it. A) It will drop below 2 week upward support line and form a double bottom before pumping up to the target box. You can see a similar pattern right...
$BTC seems to be following a very solid long-term pattern on 1D log scale 1) Major drop from some sort of FUD (block size, China/Jamie, Roger Ver) and then bitcoin being bought up hard (1 big candle + consolidation + another green candle 2) Trading sideways for 1-2 weeks while people are still a little worried 3) 2-week upswing after confidence is restored 4)...