About meUnited States resident living in New York. Just got involved in crypto currency and found I enjoy looking at charts to predict the market. I learn something new every day and still tweaking my methods to better predict where these volatile coins are go
I have not had much luck with this coin. When i see an entry, it seems to fail on me, but I again give it a shot and im making a trade based on the following:
Price above the 10 Period Moving Average
Strong Heikin Ashi Candle and priors showing the start of a bull trend.
Stoch K line turning up. Most should wait for the K line and D line to cross but based on...
Update from yesterday, the retracement has begun which again is healthy after such a great run. Stoch is starting to trend down here though the hourly is showing a reversal so we can see some small time bounces here. I believe we could see support at the 20 period moving average near 8696 area. Volume is declining too so that is a good sign we will get support...
With the rise of Bitcoin, it seems to still be slowing down but slowly. Volume is on the decline, Stoch shows its oversold but the trend is still pretty strong. We are pulling away from the upper bollinger band and there is some smaller consolidation on the smaller time frames. This is healthy though since we have been on such a good run. I think we will see...
Etherum has risen from the dead but it appears a retracement is about to occur. Heikin Ashi candles are starting to diminish and volume is starting to slow. Stoch is oversold and the K & D lines are about to cross. Good news is we are above the 50 period and the 200 period moving averages which is a good sign for longer term grown. The two averages have almost...
I have not posted in a awhile as I have been playing around with new trading ideas and testing them out before I share my thoughts. I saw some traders online using the Heikin-Ashi candle setup and it intrigued me. The candles are basically averages of the open/close/high/low's of the previous candles. The benefit of using this candle setup is to better identify...
Going in on PowerLedger see what we can make here:
On the 4 Hour we hve a strong uptrend support on the 10 period MA which matches on the Daily as well
RSI is above 50 and Stoch is still showing a decent bullish trend on multiple time frames.
The Weekly Stock Blue line is crossing the red which is a good long term trend signal.
Bittrex order book...
Taking a look at XEM on the daily chart and we may be seeing a classic bollinger breakout opportunity though may be a little early to tell but there are some good signals coming off the chart and on smaller time frames:
The bollinger bands have squeezed and are starting to part which means volatility is coming back and we have a bullish candle...
For a long time Etherum stayed in a heavy oversold area on the Bitcoin charts and now we have finally seen some life the last few days. We are starting to see a nice recovery for the old coin, even bringing down some of the overall Bitcoin dominance. Here are the facts:
Potential 10 period MA may cross the 20 day in the next few days
Bitcoin has been doing well on the four hour chart the last few days. Showing highers lows which is a good sign and RSI above 50 though the strength still isn't what i believe is needed to break through the resistance near 7k. We have some positives though to look forward too:
10 period MA is about to cross the 20 Period. (red line over brown line)
I was looking at Zclassic a few days ago, saw a possible bull flag forming and it appears to have broken the channel, so taking a trade.
Bull flag Channel Break
RSI coming out of oversold
K Line (Blue) starting to cross on the Stoch showing a change in trend strength.
Strong Bull Candle engulfing the last two.
10 Period MA crossing 20 period...
I have not done an update on Bitcoin as i have been concentrating on trying to make profits on altcoins, however i did notice a slight but good sign. We may have some divergence happening with the RSI as overall its on a slight incline which is good. That beans people are buying but it is slight. If RSI breaks the trend like i have drawn on the chart, we may...
Looking at WAX on the 4 Hour chart here, taking a position here.
10 period MA crossing the 20 Period MA
Previous two Candles closed above both the 10 and 20 day
Multiple support bounces of the 50 Period MA
The whole trend has crossed over the 200 Period MA
Buy Volume is slowly on the Rise
Stoch value on the rising and over 50 showing a strong...
Taking a chnce on Lisk, 4 hour chart on Bittrex.
10 period MA about to cross 20 period MA
RSI is over 50, though their is a slight concern that RSI is turning a little flat with a slight arc up, but im taking the gamble.
Stoch is up showing a strong trend, Blue line still above the red.
Prior Candle closed on or above the 100 period MA and...
Going in on DASH to see if i cn get up to a 4% gain. I'm on the 4 hour time frame and we have a cross of the 5 period SMA over the 10 period SMA, a bullish signal. Then we have a candle above the 20 period SMA. This is premature on the 4 hour since we haven't had a close yet so this is a gamble. The RSI is on a small steady rise but above 50, another bullish...