During the last downturn in the market I spent time learning more about utilizing the charting functions in TradingView. I also watched a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me. At this point in the crypto cycle, even though I feel we are nearing a...
I started trading XLM in 2018 when trading was strictly btc based. Then it seemed to lay low for a year and a half till late 2020. Staring last November XLM started making a real nice wave pattern on the MacD 1 D. Since XLM is a longterm stable coin in the crypto world, it provides a great example of the trade on the MacD dots. For the last three years I’ve...
Looking at the 1 Day time frame TFUEL made a nice run early in March and then started stepping, creating triangle patterns. The 2 & 4 hr frames are looking positive so it may do another bump and settle again as indicated by the yellow arrows and red triangle. This might cause the 1 Day MacD to turn up again for a bit, but with the 1 Day energy so high, TFUEL has...
Good Day folks, I've been following/bought/sold DENT for three years now. Not much really happening till about February this year. That flat line prior to February goes back as far as you can see. In the last year, DENT has a new year, 6 mth, 3 mth, and had a new 1 mth high so what's up. Well, about March 10 or 11 the MacD day trend dot appears and DENT goes...
Good Day folks, Cardano's been basically sideways for the last couple months even with all the hype out there since early March like going to $2, going to 3, going to $6 oh ya. Looking at the MacD day scale after a week or so of downward flow it has turned positive. The MacD week timeframe was looking like it was going to close bullish but has tapered off with...
After falling from the ascending channel at the end of Feb, I thought it would climb back up into the channel on Mar09, indicated by the 2 blue arrows, but alas, like my ADA plan, this is going equally splendidly. In a sideways “accumulating” movement (translate, don’t sell at a loss), it has formed a bullish descending flag. Looking at the MacD day timeframe,...
Good Morning. THETA has been ascending in a channel, and still is, since beginning of March. The original trade idea, following my “MacD Theory”, entered the trade Mar22 indicated by the red arrows with a target indicated by yellow line. What a great plan but I was at work when the 4hr reversed so I totally missed it, indicated by the red circle. Hey no...
On March 10 Cardano dropped out of my green parallel channel that it’s been in since the new year. Besides the spike to a dollar and a half mid month it’s been below that channel since. My original trade plan back end February was to buy at 1.26 and watch it goto three bucks so needless to say, the plan is gong splendidly. The spike led into a bull triangle in...
Good Day folks. Welcome to my first post. Simple and short. I believe I see a descending bull flag I have outlined in green. The green arrows are self explanitory of where btc may go. I'm not offering any advice OKlah. Cheers