I'm still long on EOS in the long-term, but very short-term and possibly medium term bearish. The bottom of the potential butterfly pattern would form a medium-term double bottom if price reverses at point D.
The green zone is my "ideal accumulation zone" from past analysis linked to in "related ideas" - an zone I suspect is quite possible after the hype of the...
Let's start saying something: Last time I decided BTC wasn't going to
decline anymore and that was a really good time to start playing again
with ALTs, I got REKT! That time I thought BTC was going to make a triple
bottom (so we were in a good support) so I entered XMR and NEO.
The day after, BTC keep falling and i got stopped in both positions.
That said,...
I found this yesterday and posted it on twitter and steemit. I'm a little late updating tradingview, but here it is. The bullish bat pattern failed yesterday and we're left with an equally bullish butterfly pattern instead.
NEOBTC have been inside a falling wedge (which is a bullish reversal pattern) for the past week, today it broke the pattern
for the up side and made a throwback (testing support, former resistance). The strategy here is simple: I'm going to buy this support
and profit from the new uptrend. The risk here is quite small, just 1%, since I'm placing the stop-loss...
#BTC the story is the same as days ago. We still need to see that 7800 resistance breaking. Then we are up up and away. Maybe we will see a rise today. Lets all pray to the Crypto Gods for some massive gains :D
Not much more to say, really. I've gone on and on about this one on twitter, steemit, and tradingview for over a year.
Edit: Actually, I always forget to indicate where my theoretical stop-losses would be, I think because I've been HODLING almost everything for far too long, just watching and waiting for last year's intended short-term trades to finally play out....
I was just learning and teaching the Garley pattern at the same time earlier today... went looking for it and found it pretty easily both here and on WAX so far.
I've been invested for quite some time, waiting for last year's buy-in to finally pay off. The higher target is likely in the very near future, I believe.
It looks like it's finally about time. Standard...
We aren't necessarily making any predictions, just highlighting the most obvious support and resistance we could find, while outlining our general trading trading strategy of buying near the long-term .618-.786 retracements, selling around the 1.27-1.618 extensions. If it holds support on the steepest green trend line, we believe that would be quite a bullish sign...
I've been watching the charts very closely for over a year, due to being heavily invested and extremely bullish on the team and the coin's fundamentals. I expect all the upper targets to be hit within a year, hopefully much sooner.
Just taking a quick look into STORMs major support, we see it bounced many times before it's last big push. After a few weeks of corrections, we're back at it again, and even if it ends up being a B wave, there should be plenty of rain to water your portfolio.
If it breaks the top end of the major trendline it could flood your roll with BTC value to irrigate...
A LivePD look-in in QLC County, Cryptoverse where we see an alt-assault in progress:
"I'm gettin jacked, I'm breakin myself
I can't believe they're taking BTCs wealth
They took my rings, they took my rolex
I looked at the brothas and said "damn, what's next?"
Ahh, yes. Warren G and Nate Dogg, couldn't have said it better! There were many indicators that were...
BTG has been crashing continually through out the whole bear market, you can consider this as a "dead" coin. When it's dead it's usually the time to load up on this shitcoin. Looks like a smaller scale alt season is coming up, so I'm preparing myself to load up on some BTG.
Entry - @ 0.0055 ~ 0.006
Target - @ 0.012
Stop - 10%
I'm betting on this to be the bottom,...
