CRYPTIK-ONE: Hello my dear. Can we talk about Crypto for our TradingView.com profile?
EVE: If you like. Though, I assume it will be the same boring conversation we've had a thousand times before?
CRYPTIK-ONE: Actually not true. As you know I have been trading(/experimenting) with other ALT coins. So this is not the usual Bitcoin...
LOOM Broke out of the long-term triangular pattern.
Consolidated for almost 457 days this coin has been showing signs of some potential pump.
Looks like a good trade and a must-have coin in your portfolio.
Entry:- 187 to 215 sats
Target: 100% to 370%
Stop loss:- 166
DYOR before taking this trade.
Let me know if you have an altcoin that you think could do goo...
Many of the altcoins are still looking great! Much of them do depend on what the big dawg, Bitcoin, does. However, if Bitcoin holds its current levels and then moves higher, these coins are great pickups! Let's review the list together.
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** The BTC market chart for altcoins will not be published for the time being as the BTC price appears to be turning upward.
(LOOMUSD 1D Chart)
The keypoint point is point 0.0901.
Flip both the heavy horizontal AND the weekly 50MA at +$0.09 and we may see higher in the following weeks. Otherwise, both of these have played as heavy resistance for Loom.
The recent mini-pump from the CB listing may have been an exit pump. Stops are prepared. DYOR. This is a trading journal, not financial advice.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
Buying LOOM here!
Loom is one of the top promising projects with Market Cap under $100 million marketcap.
Lying on strong horizontal support on 1D timeframe.
Forming double bottom W pattern on 4H timeframe.
Targets mentioned in above chart.
$Loom had a nice pop off the low and retraced on a 3 wave ABC finishing on the .618 fib (beautiful retrace), bullish divergence building on the 1h time frame, I expect a nice reversal moving forward and the BTC pair low looks to be in, now is a great time to enter as I expect this move to over 4x from 250 sats,
Not financial advice, do you own research
As you can see from the chart, we had a pull back from our local high of 436 sats down to the .236 fib which has shown a strong reaction to likely marking the bottom. As we begin to head higher I think it's important to look at the big picture for potential targets of this move. As we look left on the chart we notice there's some nice correlation...