BisonsTrades

BisonsTrades Updated 

Honestly, I just wanted to put in the word 'ecosystem' because it's such a buzzword in these ICOs I'm seeing. However, I like to think it's much more applicable in the case of this analysis. The market has been choppy. In fact, that's an understatement. Amanda Bynes' plastic surgeon wouldn't touch this market. Overall, though, we're in a bear market. Plain and...

BisonsTrades

#craefulgang

BisonsTrades

Switching from stop losses to averaging down. As we find decent levels of support again, we could see a nice setup for a 5 digit sat run in the Spring. Trade Safely!

BisonsTrades

Seriously, I'm kicking myself for not taking more profit when I did. Absolutely kicking myself. Another reminder that full on HODL-til-death really isn't a strategy. At this point, though, you might as well continue HODLing. That's what I'm doing with what I haven't sold. Anyways, that first trendline looks weak. If we hold it, then we can start talking about...

BisonsTrades

ETH/BTC has been a great metric, in the past, of guaging where we are in the altcoin season. As we get to the bottom of the channel, it's generally a good idea to scale out of bitcoin and go into alts, using the high purchasing power of bitcoin to get into the beaten down alts and maximize your return. As we get to the top of the channel, we need to start looking...

BisonsTrades Updated 

Using price action and volume, I feel fairly confident in saying we're going down. I just don't see enough momentum carrying us forward and past that diagonal trendline. I've seen a lot of W-bottom (double bottom) analyses, which *could* be the case, but recent price action has me thinking otherwise. Like I said, momentum just doesn't feel like it's...

BisonsTrades

Almost textbook. If we hit that $1278ish level from here and reverses, look to short. Still has room to go down to $802 under the bearish gartley rules, too, if you're looking to long at a better point.

BisonsTrades

Fibs line up nice. Chart looks incredibly bullish. Target zones in green using fibs and resistances. Pretty easy trade, especially if $BTC remains stagnant. Scenario 1 in red, Scenario 2 in blue.

BisonsTrades

See chart. Went back to accumulation levels rather quickly for such a promising project. Solid conferences with a great roadmap. This is one of my holdings, not trades, but I've thrown in my two cents if you want to play the trade. Need to wait for either break of channel (with confirmation, if looking for riskier entry) or break of strong resistance (red line, if...

BisonsTrades

I told my friend last night that I was going to buy more at the bottom BBand. He was excited for a breakout of this descending pattern (drawn in black), but I had doubts as we were seeing similar conditions akin to the circled fakeout (overbought, yet still relatively low volume). I told him that I could see us hitting the bottom BBand again, and that I'd like to...

BisonsTrades

This week has been an absolute rollercoaster. I hope you held on tight! Let's revisit PTOY; if you keep up with my twitter (@Bitcoin_Bryson), you'll know this has been one of my biggest positions for a long time. Got stopped out when setting my stop losses too soon at 11k and hated myself for it. That volume was incredible. I expect sideways movement from PTOY...

BisonsTrades

PTOY has been one of my holding bags where I take profits and reload when I see the dip. I love the team, and it's a great concept. Over the course of the past month and a half, PTOY has had trouble getting over that .236 fib line and staying there. This time may be different, though, as that volume launching it into this area looks great, MACD has some strength,...

BisonsTrades

After a turbulent past few days with the PBOC Debacle© (I'm copyrighting this, fight me), things are looking up with $BTC. However, let's not get ahead of ourselves just yet. MACD crossing up and looking like it might have a sharp run up is great. RSI is overbought, and we need it to stay above the buy zone for a while. We have a mini inverse HnS forming on the...

BisonsTrades

If you follow my twitter (@Bitcoin_Bryson) you'll know I have been loving this coin for a while now (well, plus my personal account, but I finally decided to breakout and make a crypto account). Why not? Great dev team, good fundamentals, a working platform that is quietly acquiring other coins/dApps. News that it will be Ledger-compatible also should help the...

BisonsTrades

The upper trendline drawn earlier still holds, and XEL has some gas left in the tank, undoubtedly. The .786 Fib line looks like a good short-term support, but if it doesn't hold then that doesn't hurt this in the coming days. It just provides more of a buying opp. That right shoulder, drawn in pink, is too close for my liking and I'd like to see it space out a...