So here's a trade on Ripple (XRP) I posted. Risk Reward 2:1 It started of good at the gun but fizzled out. It appears to be still trying to find its feet as it treads sand. Not stopped out yet so will let this ride for now. Sean Vengan Professional Cryptocurrency Trader and Trading Eduactor
Another 100% on target trade, which also publicly posted. NOTE: They are not all winners and I am not trying to mislead anyone that I trade with 100% accuracy (there's no such thing). I showed 2 targets (purple lines) but booked my profit at T1 even though I declared T2. Why? Because I thought after hitting T1 we might get resistance at $208 and then I was...
All 3 Targets met for MAXIMUM PROFIT achieved. Ideal trade - Low risk trade, High Reward outcome Target 1 Winner Target 2 Winner Target 3 Winner I publicly forecast all of this in advance at a turbulent time when Bitcoin was potentially forking. This goes to show you TRADE WHAT YOU SEE NOT what you think I have shown you clearly how I placed the trade,...
Almost hit target on Monero Long trade This is a 2.5:1 Risk Reward trade. Good traders manage their trade so bring stop to break even so we can ride this free trade Hope this helps. Sean Vengan Professional Cryptocurrency Trader & Trading Educator
As forecast, DASH log trade has come good. T1 target hit on Dash - we can book in 50% profits giving us a free ride. We now can sit back and enjoy. Always lock in profit. This way when you have losers they get quickly covered. T2 and T3 in sight. Hope this helps. Sean Vengan, Professional Cryptocurrency Trader and Trading Educator
I am super bullish on ALTS right now. I think btc is gonna take a little dip and pump these things. I am finding my favorite pattern ascending triangles all over the place. Here is one showing the anticipation of the bounce on support creating a ascending triangle. Buy now in anticipation with a tight stop loss or wait for the break out of the resistance.
With Bitcoin moving closer to my forecast Target 3 I want to share a question I just answered regarding Bircoin: Question: "Doesn't anyone believe that cryptocurrencies should be regulated to prevent a future financial meltdown?" My answer: "Firstly let me say I am a huge fan of Bitcoin and Ethereum but yes they certainly should be regulated. At present,...
Either way I am fine with it. I like this idea.
The larger oval in this chart shows an inverted head and shoulders pattern that I pointed out last week. That pattern broke out and, at that time, a target of ~300 was declared. This type of pattern has somewhere between a 75% and 80% success at reaching the implied target. Now, ETH/USD has blown through a rising channel resistance line in a fairly clear...
Hi boys! I think that it is very important that we pay attention to indicators more than anything else here. Proliferation is making this thing go bananas and it's extremely difficult to chart when charts are at their all time high. Stoch RSI, Bollinger Bands, Ichimoku clouds, Simple moving averages, RSI, etc. The psychology of the market is also useful. I use...
Dash BTC is still consolidating as it hasn't determined an exact direction. However we can take advantage of that. It's still slightly moving upwards, but we have a nice rejection from the cloud on the daily with a nice burnt out wick. This should just be a quickie. Contribute to my tip jar. Donations always encourage me to put out free signals for you guys...
Looking at the left chart we appear to have completed Wave 4 and now developing Wave 5. Wave 5 is ecpected to test current All Time High (Double Top) or making New Highs. In addition, there appears to be a pattern of an Inverse Head and Shoulders developing. This is a bullish pattern and should the neckline be tested and broken New Highs could be made. We must...
Immediate Buy of Litecoin at $44 - note it is very popular in Asian countries, notable Korea nad China. Accounting for 50% of its usage. USA also heavy user of litecoin. I see Litecoin as rising as Bitcoin falls prior to August 1st BIP Deadline Hope this helps, Sean Vengan Cryptocurrency Trader and Trading Mentor
As we approach August 1st deadline I am of the view Bitcoin will have turbulent times. If we have a break below $2,600 I am forecasting to go Short for a handsome 4:1 Risk Reward Sean Vengan Professional Cryptocurrency Trader and Trading Educator
Hi Ethereum has reached the upper limit of a "Bear CHannel", see chart. The expectation is that it will return to the mean (dotted line). By placing your stop above the 2nd of theHhigher Highs and entering short at current price the traget wil be a mean reversion trade. This represents a 2:1 Risk Reward - Risk $1 to make $2.. Hope this helps, Sean...
Due to the fact of the update to CW2 it would be not a bad choice to sell now. Beyond this I recommend to watch how first Miners gonna react, even if they all accept it I think the price will fall down anyway, use this fall for your Sell orders and Rebuy when it is at correction. If CW2 get's accepted (what I do think is gonna happen) I think the BTC price will...
in this long trend analysis you can see this strong and safe support, whenever broken, was followed by a decent increase of price, it just started and the variation was +1% in less then 10mins. Possible greater spike and possible all time high in mid-range.