Congrats to anyone who took a position early here. Last night we hit approx 48% to the good from entry. Possibly incoming retrace as we test the 200 Daily. Keep an eye on it and consider your own exposure. Not financial advice, just my own thoughts and TA. Bingaz
Storm has seen a string of Daily Green candles and it is now testing an important break level. I've been trading on the daily candles but here's some 4hrs to try and better explain where we might be heading. This one is on my watch list due to the inbound re-branding and launch of STORMX. This launch is promised to coincide with ability to Stake tokens. When...
We have seen Zilliqa be an absolute monster over the last couple of weeks and enjoyed success when the 'cup and handle' played out perfectly. We exited here at 80% to the good and are now looking to re-enter this project. Due to the angle of this pump it is hard to chart but currently looking for a retrace to previous support for possible entry. Apologies to...
ADA hit targets briefly so congrats to those that protected profits. There's probably a lot of people still looking for an entry into ADA as we move towards Shelley release. Have we now reached that point or can we see another few % dip to a stronger support level? Definitely one to watch as I think ADA will enjoy some success through June. Any feedback or...
We saw VET Break the way we were hoping so congrats to those that took a position and protected profits. I didn't pick the exact top but we were close enough. (Remember- money's made in the middle) I'm hoping for some consolidation over the next day or two before a move higher. Potential re-entry if we retrace to support - As always, not financial advice....
I've been a fan of Enjin for a while. Solid project with excellent real use case. News doesn't seem to affect price the way it once did but with the recent announcement of popular video game Minecraft integrating Enjin Blockchain utility for their users we may see some gains here. The exposure alone to a wide variety of new users may see this project move...
One to keep an eye on here. Tiny break previously rejected quickly so tight SL in mind if taking positions. I'd rather be buying in on the support but potential here for some solid gains if it breaks free from current trend. As always, not financial advice. Just my own TA. Thoughts and feedback welcomed. Bingaz.
ADA continues to press North despite the indicators saying we need a pullback. My next targets are indicated but I'd prefer it finds consolidation within the top triangle before uptrend continuation or it'll risk a free-fall. Bingaz.
Algo has seen great gains over the last two weeks but it is now trading at the top of it's zone. Indicators suggest it's due for a retrace possibly creating a good entry point. Alternately a break to the good from Zone may grab buyers attention. Keep an eye on it for a dip to a favorable entry position. As always, Not financial advice, just my own TA. Bingaz.
Theta continues to trail down as those that were hanging in for a miracle begrudgingly take their medicine and exit. Question is, when will it come back? Those interested will be watching for a break from the trend or support coming in from those waiting on a decent entry position. (Cautious on any entry's here as some might be waiting for their chance to exit...
Looking for a retrace to get back into Cardano. Difficult to chart on such a large pump in short time frames. For those that played out the "Flag Pole Theory" yesterday we hit targets and exited. We didn't find the exact top (very close though) and exited prior to this current dip so it was a successful move. Indicators suggest this retrace is needed but how...
Cardano is tracking nicely on the Shelley Main net news. Looking for a break or potential support entry. Bingaz.
Congrats to those that took a position yesterday looking for the bounce off support. Personally I didn't find exact bottom but it's always difficult to get it spot on. - (*money's made in the middle*) Still enjoyed 30% gains from entry price to suggested "protect profits msg" (Those that found exact bottom would have seen 40%) Now tracing back towards support...
Theta Fuel has obviously enjoyed massive gains, followed by a massive retrace. Pick the timing on the Entry for a potentially profitable position. Indicators look good for a turn around in the near future but caution advised as there's still probably plenty of traders that got wrecked and are looking for a less painful exit as it turns around. MACD and RSI look...
Storm has been capped by this resistance every time it has tried to break through over the past 9-10 months. A break though here could be just what it needs to bring new money to the table. The consolidation has been lengthy so if it takes off, you'll know about it. I'd like to see a daily close above the upper line before getting carried away as historically...
Update: VET is currently breaking previous resistance ( 1hr until daily candle close) I'll be looking for an entry price if it retests and holds the previous resistance as new support. I'd like to see about a 5% retrace prior to taking a position here. One to keep a eye on though. Bingaz.
Hopefully those who had positions in Theta managed to sell the top (or close to it) If they did, are they now looking for a re-entry or have they moved onto the next option? I wouldn't be in any hurry to jump in but strange pumps seems to be the norm in the current environment. I'd prefer to see it closer to the 50/200 SMA so further retrace required. Keep an...
DGB (Briefly) broke out from it's downtrend last week but since then it has continued to trace back towards original break pricing. It now appears to be tightening up again as it nears the original break level so we may see some gains in the next couple of days. The concern is that the trailing resistance only rests about 10% from support. I'll be watching and...