Wow, trading in crypto currencies is a lot like being in the trenches during a war. Speaking from personal experience you can spend endless hours in the dark and the quiet when nothing is happening and suddenly BOOM it's all in your face. Just as in warfare, some of you may need to check the condition of you shorts after things go boom. I never trade on margin...
Alright folks, been AWOL for a bit but today's utter chaos called for a serious look at what appears to be blatant market manipulation. So naturally, being that this is an LTC chart one would assume we'd be taking a hard look at litecoin.....well not really, sorry folks. I actually chose litecoin because every since the litepay debacle the project has taken an...
I've recently been testing the B.B. Reversal strategy. On XBTUSD using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I...
Sometimes you just gotta yolo the trigger on that 5% scalp to retest the highs.
Went with the broadening wedge perspective here. Take a look at the outcomes, both bullish and bearish continuation possibilities shown. Interesting spot also factoring in the airdrop in a week. Close, close, close eyes.
Broke through Resistance level of 1472.5800 at 21-Feb-13:30 Supported by Upward sloping Moving Average
Triangle has broken through the support line at 21-Feb-15:00. Possible bearish price movement forecast for the next 2 days towards 2674.2335. Supported by Downward sloping Moving Average cross
$BTC has been unable to breach resistance, going sideways against it. If it continues to go sideways, eventually it will tire out and we'll drop to support; the next supports are around $7700, $6900, and $6300. Although there is no support line around the mid $6000s, it is fully possibly for a rebound around that area due to how cheap it is and close to the...
After calling the recent drop from 12k to 7.9k , I got the sense that BTC hasn't bottomed yet despite many calling the bottom. So I started looking for other indicators and pieces of data that may corroborate this hunch. Initially I started looking at the long (BITFINEX:BTCUSDLONGS) and short (BITFINEX:BTCUSDSHORTS) positions on Bitfinex as a way to gauge when...
This is for the HAI charting comp. I am personally playing this one for the next couple of weeks / months. I think we have started a new cycle with Ethereum Classic. Barring anything crazy happening and using smart stoplosses we can double or triple our BTC / Money with this coin. This is not a for people looking for quick profits. I think it is a good place to...
Chart speaks for itsself abc correction now elliot impulse wave forming small time frame show developing bullish ema rsi bounced off its support also and is beginning uptrend THIS IS THE ANALYSIS I WILL BE USING TO TRADE THE $XMRZ17
PRICE IN FALLING WEDGE ON HIGHER TIME FRAMES 1,2,4HR rsi oversold rsi also in falling bullish wedge and has already broken on smaller timeframes PRICE MOVING UPWARD OFF 4HR SUPPORT
im using 20x margin with no sl...my liquidation price is 1844 bout at .01751 price riding up off the 4 wave and up to the 5 count to complete the completetion of the 5 count on the impulse wave on correction price also coming through the 61.8 fib so you should buy at .01983 trading with 20x margin which means my buying power is mulitplied by 20 which is...
Short term reversal possibility for it's next movement upwards .