Looks like the market has switched sides. As such, Eos did some good pumping so should be time to search for support.
I"m selling up the the top of the previous 1hr candle and placing stop above the local high. With btc searching for resistance, support on this should be no problem.
Liking TRX here. I'm thinking the market has priced in the Buffet lunch fiasco and whales are ready to make some profits off the shorters.
I like bullish macd, upticking histo, increasing volume, double bottom and trendline support.
Taking a trade here on XRP. Looks as if we have a bullish break on an ascending triangle . With Bitcoin going sideways, the market may like this.
Technically on the 4hr we have bullish rsi , upticking rsi and bullish macd . On the daily the 20ma was successfully tested for support. We might just be in a reversal right now.
I got me some BNB. It's looking pretty good at the moment. So pattern-wise we have an ascenting channel as well as an ascending triangle of sorts (try not to get dizzy looking at all my lines...). Also with btc sideways and dominance still decreasing, good chance for this to pump either way... About a 4% risk on this. Let's see how this plays out.
This is not...
Hey guys took a long on btc a few hours ago when the news on Ethereum broke.
For me there's too much bearishness with all the crypto pundits calling for 8.5k. Of course we could see that, but I don't think the whales can resist so much of it.
Technically Eth has broken it's trendline, and btc just broke within the last...
Cardano looks good here as btc is breaking down. Dominance has rejected from the top is it's asending triengle structure and as such it may be possible to squeeze some profits out of there here.
Technically we can see pretty neutral indicators. As long we it holds this trendline and btc dominance heads to test support of it's structure, we should be good to go...
I took a long trade here on xrp. I like the trendline it has been holding. The 4hr chart looks nice with upticking histogram, bullish rsi, and a potential bull macd cross in the next few hours.
In the macro picture we can see dominance has declined, however btc price has maintained. This tells me there are orders holding the price up as money flows into alts. The...
Got a nice situation here. Dominance has broke down and bitcoin price has held. This tells me the market is comfotable with the bottom as money flows into alts all the while the price holds.
Taking a trade on RVN right now. Bitcoin dominance has broken out of the wedge, as the proce has held up. This tells me the market is comfortable with the current supports and structures.
On this particular chart we can see a pennant, and with the drop in dominance the market may like this.
Let's see how many Satoshi's we can get out of this.
Remember to move...
Taking a long position on oil here. Technically speaking looks good with 4hr bullish rsi divergence, upticking rsi, potential macd cross possible. Combine this with the trouble between Iran and US is making me bullish on Oil. Let's see how this plays out.
Ok, so taking into consideration what's been going on in the market. We can notice a few things with BNB. First off it correlates very nicely when bitcoin pumps, generally. Also we know it holds well when Bitcoin dumps. It has been a safe coin per say.
For the last few weeks I have noticed it hold shit structure. It's been in somewhat of a channel. You can see...
Hi guys, so we have a retest of a bull break. Bitcoin Trash brokeout after our short. it is currently testing the 4hr 20ma and 20ema for support right around the trendline it broke.
Bitcoin seems to be slowing and coming for a little bearish wave test of support. Makes perfect sense for this to pump a bit and be made a risk free trade.
Let's see what we can do here.
So we're had quite a few eventful days. Wow, it's been fun riding these wayes. I cannot stress enough how important btc dominance is to crypto trading.
So here I have noticed a few things. For one, we have an expanding trinagle forming on Bitcoin Dominance. If this plays out bullish we can expect 80% dominance and alts death 3.
Also Bitcoin bulls have clearly...
So xrp broke bullish out of that pennant. Technicals showing bearish divergenve on the 1hr rsi, and potential bear cross on macd. I said I would long it. But upon some reflection with btc defending the trendline of support, and dominance bounceing from it's trendline, a long on this looks risky. Moreso than a short. So I"m shorting this puppy. Let see what the...
Taking another attempt at btc here. Dominance reached a trendline of support, and btc has just bounced from the trendline. Moving nicely not, with a bullish engulfing cangle on the 1hr. Seems intersteing. Let's see if I can switch this to a swing trade which is what I'm after. I'm aiming to the top of the structure.