


Really bullish on XLM. Technicals look great! 78.6 fib level, respected support, new higher high and respected trendline. A ton confluence for this baby to keep rising. Throw some icing on the cake with the speculation of Stellar being listed on Coinbase. Let's see how this trade plays out. HAPPY TRADING!
Price action has been holding nicely on the trendline. Looking to go in around 2500k sats, where the trendline is holding. If worst case scenario and price action do not hold I will exit at the break of the trendline. My hopeful target would be at 61.8% fib.
Bitcoins price action seems to be forming a bearish channel on the 4-hour chart. I am targeting 5889 if price action breaks below the channel.
GNT finally hit my -61.8% fib. I am expecting for price action to move up from this low level. Take a look at how the last 2 daily candles are building a ton of pressure creating a big move. Probabilities are higher to the upside than the downside. I am in this trade from here and have risk management calculated in this trade.
Icx seems to have a good entry point for a long position. It is holding support around the same level it took of from this past March. The -61.8 extension and prior support are holding well hopefully see a reaction to the upside from here. Also, tried to incorporate Elliot wave, to test out the theory on this chart. Let me know what you guys think! Good Luck!!!
Btc looks to be forming a head and shoulders. Having prior support at 6112 would complete the right shoulder, but it is a tricky one. Maybe wait till the break out after the right shoulder forms to take a long position. Trade safe guys!
Cloak has formed a nice Falling wedge. I am expecting a nice run from here looks oversold. Will enter once 1 hour stochastic resets for a better entry and to adjust my risk on this trade.
Zilliqa is looking very juicy to the zone it's heading too. I am looking to buy at the 78.6% fib and supply and demand zone (0.000008894-0.00000964) that was marked. Has news catalyst to fuel price action to the upside with testnet coming out by the end of the month.
Polymath formed a falling wedge on the 4 Hour chart and stochastic is sitting extremely oversold on the daily chart. Looking for a break out of the wedge. Price action double bottomed at 5680, I would have liked for the wicks to be a little longer. Overall bullish on Polymath. Open to any order ideas.
I see Bitcoin at this moment going lower. I am targeting the -38.2% fib retracement and support level at 6767. Which will finally see stochastic on the daily and 4-hour to oversold. If bitcoin breaks that support level I do potentially see this going even lower to the 6408 completing the -61.8 fib extension. Open to suggestions.
At the level Zencash is at, it can go for another run up breaking the top of the channel. It is holding nicely over the 78.6% fib and support level having a nice reaction from it. Also, with news of Zencash havening a hard fork on June 26th.
Everything in the market seems to be bottoming out. So with past history of Mue taking off from this zone, I am anticipating price action to react from this zone to the upside.
Wanchain does not have any news catalyst to drive the price higher at the moment but it has some nice support at 61.8% (0.00068240) which created a nice demand zone on a short-term time frame. Looking to get a 25% return on this trade short term will change my mind if the market tells me otherwise. Also if the price does not hold around my buy zone, I will exit...
I am bullish on VTC due to the fact 40k zone has held many times. I can see this going to 62k sats being a recent resistance level.
XVG looks bullish overall on the daily chart. Setting trade in at 80 satoshis. TP at 137satoshis SL at 65 Satoshis
Looking to go long on PTOY around 0.00004802-0.00004909 level a lot of resistance on the 4hr chart. Ultimately looking to buy at 0.00004328 level for a better entry bouncing from trendline and also support on the daily chart. Looks like it has good and active team definitely something to look into.
I'm in this trade already in the 0.0025400 level. 1st Target is 0.0026500 level short term scale out the trade. long term target will 0.003181 target that comes about 23.6fib retracement. stop loss will be under 61.8fib level .002450. Zcoin has an active Dev. team. If you have any input feel free to comment. Thanks Fellow Traders!
Any input on this wedge of the 23% fib retracement for a bull run to target the 61.8 retracement as target for tp or scale out from trade. still new on technical analysis any input would great! Thanks!