ninjacookies

ninjacookies Sep 3, 2021

After being in a consistent downtrend since December of 2017, trx/btc has come to a crucial crossroads as it encroaches on the 3 year historical resistance line. The case for a break to the upside: 1) Beautiful swooping weekly stoch follow through 2) Local Cup and Handle heading towards completion right at resistance 3) Bullish territory RSI on the daily 4)...

ninjacookies Updated  Sep 23, 2020

Pretty self explanitory. DOGE has been in a downward spiral the past few months after hitting an all time high of 60 satoshis. 25 satoshis is strong historical support. However, be aware it has dipped as low as 21 satoshis last year. RSI has flipped to the upside...but unimpressive volume and no follow through. I'd like to think this idea is valid if...

ninjacookies Sep 22, 2020

Airswap has been in a downward trend since late august. It has now fallen more than 50% below its all time high. It looks to be forming a large descending wedge, which are typically bullish formations, but the market is quite volatile right now. It briefly tried to break to the upside a few days ago but was immediately pushed down. A large move should be...

ninjacookies Updated  Jul 13, 2020

As we can see, Zcash is currently challenging longer term triangle resistance on the 2 day / weekly chart. I would wait for a confirmation weekly close above this current resistance for entry. However, there are multiple good signs here. 10/21 EMA's have flipped, daily stochs have bottomed and now crossing upwards, and bitcoin as well as the entire alt market...

ninjacookies Jul 10, 2020

There's something brewing with Insolar. Very noticeable volume uptick and accumulation over the past 2+ months. This is usually one of the biggest tip off when it comes to alts and a big potential move brewing. As we see on the weekly chart, there are some nice signs. - large bullish divergence - big, consistent volume spike - relative strength even in the...

ninjacookies Updated  Jun 3, 2020

BTC showed it's resilience and strength today, busting through the coveted $10k resistance in a matter of hours. As a result, many btc alt pairings have began breaking down. Here we see Monero's 3 day chart. There is a visible head and shoulders pattern that appears to be on the verge of completion and a breakdown. A lot of this will hinge on what BTC decides...

ninjacookies Updated  May 26, 2020

0x has been undergoing a consolidation phase over the last 2 weeks after its meteoric rise. We can observe a clear breakout attempt over the past day, as higher term frame indicators have reset and look to be ready for a new leg up. It currently just finished a candle close above the 50ema on the 4hr chart, which is a very promising sign for potential...

ninjacookies May 1, 2020

This is a premature idea, but food for thought. We see Tezos has made a nice broad cup formation and has retraced after making a double top which coincided with BTC's recent pump. Ideally support will form around this current area before this pullback goes to deep, which would invalidate this idea. But as of right now, stoch RSI levels look close to...

ninjacookies Apr 13, 2020

Vib has been consolidating for the past few weeks as it bounced off strong trendline support stemming back several months (indicated by the yellow dotted line). It is now at another decisive point as price action meets descending wedge resistance. Will it break to the upside or down? Volume is looking nice in this area considering this is a low profile coin. ...

ninjacookies Apr 8, 2020

Beam is following the way of many alts that have already broken out and began a fresh uptrend. But it seems Beam may be lagging behind the pack. We see price action has exited a descending wedge pattern with strong bullish divergence on the daily. Action appears as though it may be flattening, which could signal an accumulation phase. Volume in this area is...

ninjacookies Apr 3, 2020

Here we see Tezos is bouncing off and defending a trendline stemming back to January, while simultaneously exiting a descending wedge that has taken the price down for the past month +. And lastly, we can see the macd is on the verge of a potential bullish daily cross...something it has not done in 3 months...which signaled the start of a very nice run up. The...

ninjacookies Updated  Mar 6, 2020

This is a riskier trade, as FTM has been in a clear descending pattern since it was listed on Binance. However, there are some signs that a possible short term reversal may be soon approaching. We have the first sign of a bullish divergence on the daily and all smaller time frames. Volume accumulation is also clearly increasing in the last month as the...

ninjacookies Updated  Jan 27, 2020

KEY/btc has been in a depreciating pattern since it's breakout nearly 2 months ago. It's been one of the few alts not to have undergone an upsurge over BTC's recent rally. It may be due, though that's not a logical method of reasoning in the trading world, so we go by charting fundamentals. We have a few cues into a "possible" descending wedge breakout to the...

ninjacookies Updated  Dec 6, 2019

As we can see, Waltonchain has been building up a strong bullish divergence since July of last year. Volume has been picking up the past few months, which indicates to me the big move may come soon. Pay attention to the daily macd for a potential cross which should accelerate things. Price action has respected the 50ema for over a year (purple line)...so if wtc...

ninjacookies Updated  Nov 29, 2019

Bullish divergence is forming on LRC/BTC on the daily. Previous bull divs have resulted in very strong short term bounces. I would not consider this a long term hold, but rather a swing trade scalp. This is a riskier trade because BTC is on a mini run right now to 8k. But LRC's price seems to be holding fairly steady. 2 short term profit targets outlined...

ninjacookies Updated  Jul 24, 2019

Verge's luster has kind of worn off over the past few months (to say the least). But that does not mean it doesn't have the capability to make us money. It's currently right around its historic 1.5 year low of 53 satoshis, going back to December of 2017. On the weekly, its RSI is in the oversold levels hovering around 29.3. Lower time frames show potential...

ninjacookies Updated  Jun 25, 2019

If we're going by patterns, ONE is currently showing as though it may experience a short term bounce. Shorter time frames show a potential triple bottom at around 182-185 satoshis. Note the repeat in bullish divergence from the last pump and the current trend on the 4hr chart. TTM indicator firing potential long like last time. Small position...

ninjacookies Updated  Jun 24, 2019

The market is quite sensitive right now with BTC being indecisive. So this is a riskier trade that I would only take with small positions. Ethos experienced quite a nice little surge this morning in case you missed it. As you can see, a potential cup and handle may be forming with traditional formation signatures (high volume accumulation at the base and...