swilton

swilton Updated 

XTZUSD had a breakout today on stronger than usual volume, so I ran an algorithm to generate some experimental support and resistance zones. There's a lot of stuff going on in this chart, but really only two things to focus on. (1) The yellow heavy resistance area which I believe is caused by buyers stepping in too early during the apocalypse crash in May, and...

swilton Updated 

This is a good long term buy price no matter whether you're a scalper, swing trader, or holder. I spot some resistance in the $19 zone. Take some profit and don't get greedy, but maybe hold some and wait for ATH. It could dip a little bit lower, but I wouldn't worry about it unless it starts tanking horrendously below the uptrend support line. There's a metric...

swilton Updated 

I'll keep this brief. I expect a bounce here on strong support. If it breaks down through the cyan box without any bounce, this setup is totally invalidated. Some weak resistance zones above; don't get greedy, take some profit. If the bull run turns back on, hold some and wait for a new ATH.

swilton Updated 

SOS is a small cap financial services company in China that has gotten absolutely murdered over the last few years. Recently, it has been getting into blockchain services and showing several obvious signs of strength. It recently broke upward out of a long term exponential downtrend, and volume in the last month has been out of this world. Price targets are...

swilton Updated 

ETHBTC is slightly overextended, and I think BTC.D is temporarily bottomed out. My personal strategy is to take profit between here at 0.067, and rebuy in the cyan boxes. This setup will be invalidated if it ETHBTC breaks substantially through 0.067 and holds this level for at least a week.

swilton Updated 

Very interesting dip yesterday. When you zoom in, it looks like a monster crash, but when you zoom out, it doesn't look so bad. There are a lot of people saying it's the end of the bull market, but I'd like to give a little bit of perspective of where BTCUSD is now, and some amusing speculation of where it may go in the future. First and foremost, the green...

swilton Updated 

After five years of downtrend, can MOXC bulls take the reigns in 2021? Probably not, but I've charted some price targets and will take a small position just in case. Let's see what happens this year.

swilton Updated 

Gains in crypto over the last few months have been absolutely outrageous, but only if you picked the right coins. Unfortunately for XTZ holders, XTZUSD has been objectively the worst performing smart contract platform of 2021, overshadowed by ADA, DOT, and ALGO in the recent surge. However, the fundamentals do not support such a low valuation. The Tezos...

swilton Updated 

BANDUSD took some serious damage during the Valentine's slaughter, but it's recovering now and looks hungry for more. Target is roughly $36 based on the upward trending C&H. If this zone breaks with conviction, I wouldn't be surprised to see $100 eventually, but let's see how this setup plays out first in the short term. In case of a breakdown, there's some...

swilton Updated 

NMR has been the king of all laggards this cycle. If you look at the volume distribution, there has been massive accumulation and price suppression since late November. The price is finally gasping for air as it broke and restested downtrend resistance. There are tons of resistance zones between here and ATH. I believe in this project and think eventually...

swilton Updated 

I typically post about what I'm actively trading, so I don't know how I forgot to mention this little gem. Precision biosciences is in the gene editing space with a relatively small market cap compared to others in the space (e.g. CRSPR). The company outlook is great in my opinion. It's one of my core stock picks for the year and largest holdings. My first...

swilton Updated 

LMNL is a biopharma company of no incredible significance, but I thought the chart patterns were worth sharing. First and foremost, look at the runup in volume! Trapped beneath downtrend resistance, I'd venture to guess it's undergoing heavy accumulation. If it breaks through downtrend resistance, upside targets are in the neighborhood of $10 and $15 -- full...

swilton

Tilray is a global leader in cannabis research, cultivation, processing and distribution. On the chart, it's clearly in the process of digging itself out of the grave. There's a lot of buzz due to the recent merger with Aphria and potential legalization of marijuana under the Biden administration. I'm a buyer, and will probably hold half of my stack as a longer...

swilton Updated 

BCH was a screaming buy in the $370s, but TV publications were down for maintenance so I'll have to give this one to you $10 late. It's still a screaming buy though. Targets are on the chart.

swilton Updated 

This is a continuation of my previous post 'reading the cosmos', which played out slightly faster than I expected. ATOM has displayed significant strength over the last couple weeks, and to this point has showed no signs of stopping. I am pretty impressed how easily it pushed through $10 psychological resistance, and this indicates a further continuation to the...

swilton

I'll keep this brief because it's happening right now. Purely based on chart patterns. Upper targets on the chart. First target creates a big C&H. Second target is the result of the hypothetical move to the first target. In case of breakdown or pullback, I added some logical anchor levels to buy lower. Edit: Forgot to add a third and final target created by...

swilton Updated 

The OXTUSD chart looks unbelievably bullish. There is a huge amount of resistance between here and the ATH from Aug 2020, which I've marked on the chart based on price action. You can extrapolate from the price action at this point to create a few cup & handle setups with targets in these zones, and I think it makes sense to take a bit of profit at each...

swilton Updated 

KNCUSD is suffering, and honestly shows no clear signs that it will recover against the rest of the market at the present moment. I listed a few key support and resistance areas on the chart. To the downside, $0.50 support is extremely strong. In the current market conditions, it's hard to suggest keeping capital on the side and waiting for this area, but...