CM_Trades

CM_Trades

BTC right now is at a crossroad We have 2 possible outcomes right now #1 the iH&S that is printing on the chart, which would target new highs on a break of the neckline #2 we have a bearish market structure with consecutive LH and LL, which would target around 8500-8800 We will soon find out so place your bets and comment below, which path you think Bitcoin will take

CM_Trades

XMR nears its finally support zone before it falls into the abyss We did panic dump and nearly hit out support level but scaling in here with a tight stop could be a good play

CM_Trades

BTC continues to hit new highs this year and some might have noticed that the USD decline coincides nicely with this rise. We can see the continued move from $9,000 to $14,000 arguably has been spurred on by the strong drop in the US dollar. Whether the trend continues to seemingly resemble some correlation needs to be seen but they are trending in opposite...

CM_Trades

ONT made new lows yesterday but BTC might need to cool off here, as dominance has hit massive resistance (highs of the previous bull run) If we could get a sustained bounce here, we could return to the POC/support levels and maybe even visit previous local highs Altcoins are still very risky so close above support would be a safer bet

CM_Trades Updated 

ETH continues to lag BTC but that could soon change as a run for $300 looks like it's on the cards Price continues to find support on the Tenkan and we also got a bullish kumo twist Baring a violent move from BTC, ETH looks ready to make a move higher

CM_Trades

With most alts making new lows and showing weakness with this BTC move, KMD continues to show strength despite dropping back down near lows If we hold its Nov lows, we could be set to return to local highs as this remains a very strong project Thanks!

CM_Trades

XMR continues to remain stuck under this very strong supply zone A break and hold above is needed before entering a long position Upside target outlined in the chart below

CM_Trades

XRP looks poised to make a run to that channel top resistance If it can find support after breaking above supply here, we could see a channel break and move higher

CM_Trades Updated 

MFT has been beaten up badly after breaking its long-term support We can see very strong bull div on the daily chart If we can close above this resistance level, we could see a quick push higher into our first target

CM_Trades Updated 

The double bottom looks ready for some relief and do not forget this was one of the most popular coins last bull run

CM_Trades

AION broke back above resistance here and close above support could mean it can attempt at higher prices Would like to see MFI trend upwards before I take a position Volume seems to be coming back as well so will watch for daily close here Cloud is very thin and could turn green soon

CM_Trades

BAT retraced substantially from its previous highs and looks ready for round #2 MFi turning up and volume starting to return Bouncing off support after crossing below and cloud bottom turning up

CM_Trades

STRAT looking really nice here as it regained support and seems to have bounced off with higher than normal volume Still off a lot of peoples radar and once it starts to move will be all over twitter, which could cause a further move up Could easily return back to its yearly POC, which is a +80% move

CM_Trades

XLM broke above resistance and has come back down to retest it as support If we can hold this level, possible targets are outlined in the chart Ripple looks ready to run as well and they have both been correlated in the past so something else to keep an eye on

CM_Trades Updated 

ENJ remain in this massive triangle pattern and is currently right on the edge of doom It needs to bounce off the bottom of the triangle and make its way back up to test resistance A break below could spell a deeper retracement but we are getting a bull div on the RSI so time will tell but it looks good for a trade here, tight stops

CM_Trades Updated 

ATOM has been basing near this support zone for a few days now and looks like it might attempt another break of resistance If successful, it could lead to a very quick move as we saw last time of over +40% Breaking down from here could lead to a retest of the local bottom

CM_Trades Updated 

If KMD could get above this resistance level we could see a very quick move up back to the POC MFI is trending higher as well, which bodes well for a potential move up in the coming days/weeks

CM_Trades

XRP regained support and volume has kicked back in on this move up If we can clear previous highs then shorts will get squeezed quickly the USD pair looks ready to break out as well with lots of room above