DigitalMoneyTraders

DigitalMoneyTraders Updated 

LONG- -BUY the BREAKOUT- Like this coin- like to favor coins that are in an uptrend and have shown more and faster growth than similar cap and competitor coins. NXT has been on the move the last 2 week- chances are will continue in the uptrend

DigitalMoneyTraders Updated 

LONG - solid uptrend -BTC on move- LTC laggard - on Coinbase- >100K downloads a day - BULLish volume - BULLIsh divergence RSI -BULLish MACD Safest entry is to wait for break of downtrend line and break of $150 psychological.

DigitalMoneyTraders Updated 

Breakout attempt and retest upper boundary. This is normal of a breakout- BUT notice the LACK of BULL volume associated. Be very cautious here also resistance above at $15,000. I would wait and see, if can break both upper boundary and $15,000 then short term entry LONG

DigitalMoneyTraders Updated 

Day Trade/Short Term for this setup Goal 25% LONG -Solid Uptrend -past support/ resistance -Fibonacci Retracement -almost inside bars -decreasing volume throughout pattern- BULLish -BULLish divergence RSI -BULLish divergence MACD SHORT - on daily time frame looks like top and reversal candles - not much support/resistance - if falls could retrace back towards...

DigitalMoneyTraders Updated 

I got burned bad by this coin as a new trader- time is coming for sweet payback. LONG - Downtrend flattening - Entering historical demand zone/ support - Volume weakening as price decreasing- BULLish signal - BULLish divergence on RSI - BULLish Divergence on MACD - Almost 100% fibonacci Retracement - Elliot Zig-Zag Correction Wave Almost complete- (EW Zig Zag is...

DigitalMoneyTraders Updated 

First Minor Price Cycle Complete Second Minor Price Cycle starting soon - largest and most profitable cycle Price consolidated and Retraced to Fib 50% Trigger - set Above Confluence Zone made by Triangle Pattern Break, bounce of Fib 50 and break of Fib 382, and past support/resistance break. No Loss if breaks south stop loss set to Fib 50% after trigger picked up

DigitalMoneyTraders Updated 

Late publish- only adding for my tracking purposes. Same repeating alt coin pattern. Altcoin BULL price cycle starting soon LONG - broken downtrend - higher lows (first sign of ending accumulation phase, and entering markup phase) - demand zone - historic Support and Resistance - Elliot ZigZag Wave Complete 5 impulse, 3 correction, 5 impulse - Fibonacci...

DigitalMoneyTraders Updated 

LONG -Historic Support/Resistance -demand zone -Falling Wedge- BULLish signal -Approaching Downtrend line -Almost Full Fibonacci Retracement -Elliot Triangle Correction Wave complete ABCDE -or more simplified - Elliot Correction WAVE ABC complete -BULLish divergence RSI -BULLish divergence MACD -BULLish divergence Stochastic -BULL volume on breakouts - end of...

DigitalMoneyTraders Updated 

LONG -demand zone -full Fibonacci Retracement -falling wedge- bullish signal -Elliot Zig Zag Wave-(5, 3, 5)- not super confident of this wave count -BULLish divergence Stochastic -BULLish Divergence RSI -BULLish Divergence MACD -time frame zoomed in showing higher lows small cap coin only $25 million if pumps price will rise quickly - good risk: reward Be...

DigitalMoneyTraders Updated 

Price Action Inside a Symmetrical/ Running Triangle Breakout Typically 2/3 to 3/4 of Pattern- A little late due to BTC Segwit Dates FYI- Same charting on Coinigy shows accurate dates of breakout between- 11/10/2017- 11/20/2017- which matches with Segwit Release on 15th or 16th If Apex of triangle is broken- Pattern Weakens and losses potency Looks like Elliot...

DigitalMoneyTraders Updated 

Got put on this idea by some top pros I follow- just adding it to my own ideas to confirm it and for tracking purposes. LONG- -Solid Uptrend -Symmetrical Triangle- BULLish continuation Pattern -Elliot Correction Triangle Wave Complete- ABCDE -Reversal Candles on point E -BULLish Stochastic -BULLish RSI -BULLish MACD Entry Options Based on RISK MOST RISK 1. ...

DigitalMoneyTraders Updated 

Flag/Pennant correction pattern Flags fly at half mast- this pattern typically happens half way up a large price move Movement needs to take a breath. Watch for last point on Elliot wave correction- Even better (more BULLish) if it violates the lower boundary and returns to pattern. Risky entry- buy on reversal candle at point 5 Conservative entry- set trigger...

DigitalMoneyTraders Updated 

I have been finding this pattern a lot this week in the alt coins. Updating my current trades as try to move more to trading view. Altcoin BULL Market Cycle soon- I have been accumulating NEO quantity. LONG - flattening downtrend - logged a few higher lows- typically first sign of a tightening pattern and selling satisfied ending the downtrend - Bouncing off...

DigitalMoneyTraders

Confluence Zone - Falling Wedge- BULLish pattern - Historic Support/Resistance- Supply zone - Elliot Wave Complete - Crossed MA 10 and retest - broken overall downtrend line and retest - Fibonacci Retracement - BULLish cross on MACD - RSI supporting upward movement and bouncing out of OverSOLD

DigitalMoneyTraders Updated 

Some things I like and don't like about this setup. Pros - Elliot wave correction ABC - Broken short term trend line with big green candle - recently bounced off lower boundary line of downtrend and price channel pattern - Bollinger band is middle line to lower boundary line - Bullish divergence on MACD Cons - DOWNTREND- don't ever trade against the trend -...

DigitalMoneyTraders Updated 

Many different theory's are used by Technicians/ Chartist- all theory's should give relatively the same signal (BUY/SELL) at approximately the same point but in different ways. For example: You might buy on the second minor price of major price cycle- as defined by the Price Cycle Theory-as it is the most profitable and easiest to spot. The same Buy signal using...

DigitalMoneyTraders Updated 

This coin typically acts inverse to BTC. As BTC pullbacks after fork, XRP LONG Can it get any cheaper? Price Cycle Dates in 28's Bull 77 days almost 3 cycles BEAR 170 days almost 6 cycles Things happening in 3's is a common theme for technical Analysis Confluence Zone - Apex of triangle - Historical Support/Resistance - Elliot Waves Complete - Reversal...

DigitalMoneyTraders Updated 

Notice almost identical Price Cycle Dates 28 days normal cycle- 28*2= 56 days Falling Wedge = BULLish Signal Elliot Correction Wave Complete Confluence Zone -Reverse Candles -Fibonacci Level -Historical Support and Resistance Area -Volume Associated and necessary for new Bull movement Target Fib 1.618 and 2.618 Long term this should be a winner- Altcoin MOON...