swilton

swilton

Looking to ultimately retest the local highs, with intermediate targets on the chart. The market as a whole looks very bearish, so I wouldn't be surprised to see it dip down to the $120 zone at some point, but the support here is reasonably strong so it should at least put up a fight. If the support in the $140s breaks down easily, it will erase my confidence in...

swilton Updated 

It will get to that target price eventually, it's just a matter of whether or not it dips down one more time. I'll play both scenarios with half capital allocated to each.

swilton Updated 

Just throwing this idea out there. The recent up move toward downtrend resistance had a lot of volume, but it just doesn't feel right to sustain growth straight up through. I wouldn't be surprised to see a bull trap fake breakout, then sink back below resistance for a while to build up more potential energy for the real breakout later. This is a LOW CONFIDENCE...

swilton Updated 

COMPUSD hit my buy targets, but the support line morphed to shakeout weak hands. I think we will retest $275 resistance. If the support line breaks, I'd sell and rebuy at the next support level in the $140s. Let's see what happens.

swilton Updated 

Crypto is clearly in a disbelief phase. This is the first true multi-month bull market since 2017 with significant multi-year resistance breakthroughs across the board. There are tricks and traps all over the place, and XLM is no exception. Looking at the indicators, we have very obvious bearish divergences. Divergences of this magnitude need to be given...

swilton Updated 

I am eagerly waiting to see what happens here. Historically, statistically, we should pull back, but I wouldn't be surprised to see the bulls fight to break that downtrend line. If so, it would be a huge movement. If you are already long here, my advice is to skim off the top. If you are thinking about an entry, wait for a daily or weekly close above...

swilton Updated 

I think PDSB looks pretty good right now. Targets are on the chart.

swilton Updated 

OXT price action is narrowing. Wait for a breakout. I'm biased long.

swilton Updated 

Like last time, my confidence is lower than usual on the timing, but I'm more confident on the levels here. There's a lot of divergence on shorter timeframes, so it either needs to rocket above $300 very quickly and continue the parabolic ascent to break the divergences, or relax a bit over the next few days. I wouldn't necessarily short these levels, but I'm...

swilton Updated 

Here are a few ZRXUSD zones that I have in mind. I am currently long, and my mid term target is above $0.60. I was surprised to see the price dropped during the ETHUSD surge from $230 to $280, which is definitely a sign of weakness. I still have a lot of faith in this coin, but it's not good to get emotionally attached to things. Let's see what happens.

swilton Updated 

OPTN risk to reward ratio looks phenomenal right now. We have horizontal price support, uptrend price support, horizontal RSI support, hidden bullish RSI divergence, and a recent gap fill. Based on the prior signals, I'm targeting +30% gain in less than 2 weeks to fill the gap at $6.40. This setup will be immediately invalidated if the price closes below...

swilton Updated 

After getting slaughtered over the past couple of weeks, ZRXETH is back to the trendline to create a lower high. Yes, this lower high is not confirmed yet. Yes, the lower high could technically end up a tiny bit lower than where it is right now, but I'm calling it here. Long target is 0.0028. Due to the recent price structure, there is a very wide uncertainty...

swilton

LTCUSD has broken out of a major accumulation zone, but it's quickly approaching heavy resistance. Daily money flow index is at ATH. I repeat for emphasis, MFI has never been higher than it is right now, in the price history of this coin on this exchange. I wouldn't be surprised to see a short term pullback over the weekend. RSI is approaching historically...

swilton Updated 

Just a guess. Lower than usual confidence in the exact levels and timing of the movement. I'm already long, but if I see more bullish divergence I will accumulate more. I typically don't like to trade newer coins with less historical data, but I'll give this one a shot. As always, let's see what happens.

swilton Updated 

RYCE is showing some extremely interesting chart patterns. On the weekly timeframe (shown above), we have very obvious short and long term bullish RSI divergence, and long term RSI resistance. On the daily timeframe (not shown), we have very obvious horizontal RSI support, and it's the first instance on this horizontal RSI support that the price has made a...

swilton Updated 

XRPETH looks extremely similar to LTCETH right now. I've been watching and waiting for these levels for years. Critical buy and sell price targets are marked on the chart. The price action right now looks like a bear trap. I am betting on a quick rise back into the channel and a touch of nearby sell targets, but am also leaving capital on the side ready for...

swilton Updated 

LTCETH has obviously seen better days, but prices relative prices between major coins usually react to historical support and resistance levels. I've been waiting for this zone for a long time. Not a huge LTC fan, but I can't ignore the technical factors here. Hoping to accumulate on the way down and take profit on the way up. No short term rush, but I also...

swilton Updated 

Interesting hidden bullish divergence on ZRXUSD. A bull flag breakout could push the price above $0.45. Tight stop in this case to reload at lower levels in case of a breakdown. Let's see what happens.