CryptoLuxury7

CryptoLuxury7

Bitcoin forming a descending Triangle. Typically this is a bearish formation BUT not always. We need some volume to push out of this on the upside. It has continued to test it a few times. Make sure to wait for a confirmation and not just buy on a wick.

CryptoLuxury7

The great news broke us out of that rough downard channel and a great run up. I was hoping we could break that .26 but just not enough push yet. That's okay I am all for the healthy movement up. After failing to break the .26 we just about dropped to the .618 retracement. We bounced off a prior support/resistance line right before the .618. We appear to be...

CryptoLuxury7

Jasmy played down thr bullish wedge and bounced off the prior support line I had mentioned. It has formed this downward channel which we will want to break out of for a good run. Watch for a confirmation of breakout.

CryptoLuxury7

Cardona seems to be improving and climbing well after BTC stabilized. We need to break through the 1.91 resistance (old support line) and then have another above it.

CryptoLuxury7

Keeping the updates going. BTC stole our thunder during our last run up. However, it is now forming a nice falling wedge. We have some support lines coming up as well which could help a early breakout. At this point BTC has stabilized enough that we just need some volume for us to pop again. I'll be even more bullish if BTC gets back over 60k but most alts...

CryptoLuxury7

Jasmy forming another symmetrical triangle while bouncing between some old support/resistance lines. If BTC stabilizes we may see another bullish breakout. If no stabilization or volume then it may drop out the wrong way. Wait for confirmation.

CryptoLuxury7

Jasmy broke out of the Triangle I mentioned yesterday perfectly. Then decided to break through prior resistance this morning. My next target for it is .245.

CryptoLuxury7

Symmetrical triangle forming nicely. Need to break out with some volume to continue this reversal. Volume has increased recently so that is good to see. Watch for a breakout and then retest.

CryptoLuxury7

Jasmy is trying to bounce. It seems to have found a nice support zone and is builing higher lows. We need to keep the volume up for this to not turn into a bear situation. Other lines you see are prior support/resistance. I doubled down at the .132 for some DCA (dollar cost average) for my higher buys.

CryptoLuxury7

Jasmy is coming to a nice falling wedge point. Looks good on the 4 and 2 hour chart. Could be a great opportunity for a breakout to begin the next wave. Wait for confirmation of the breakout!

CryptoLuxury7

Adex has been continuing to ride the longer term support line. It is coming to the end of a long term resistance line. I expect it to have a nice breakout from here. We should also be hearing some news coming up soon. Should be a great next 60 days for ADEX.

CryptoLuxury7

LISK looks like it might be repeating its trend of consolidating with a quick dip before starting a sudden breakout uptrend. If it does repeat it will be need to break through the resistance line that it has tested several times since the ATH. Be sure to set a stop loss on this one as it could easily go on a bearish downtrend.

CryptoLuxury7

Pot seems to be in a consolidation currently but started to gain some momentum. I expect a small breakout of the triangle upcoming but for it to be short lived and bounce back down the the support line. After that we should see another consolidation period in which we should see a nice uptrend and possibly another ATH.

CryptoLuxury7

ADEX came back down to the long support line during the BTC drop. It still looks very bullish and there is a lot of upcoming news coming up. Assuming all released go well we should see some great returns in the next 30- days on Adex.

CryptoLuxury7 Updated 

Pot is being squeezed. Keep an eye as previously when squeezed in an uptrend it took a sharp dip followed by a huge uptrend. Make sure to set a stop loss.

CryptoLuxury7

Mona at a good buy in right now. Just broke out of a downtrend. Keep an eye on the volume.

CryptoLuxury7 Updated 

Salt is showing a Bullish Pennant. I expect it to breakout and retest the resistance and possibly the previous ATH. Remember to set a stop loss and keep an eye on BTC as it will be making some moves soon.

CryptoLuxury7 Updated 

I apparently published my last chart as "Private" and can't figure out how to switch it to public so I am copying and pasting everything over to a new one as Public. Still LOTS of room for profit. Dec 29, 2017 Looking forward to seeing where this one goes. Very little risk, and great chance for reward as we are now seeing the trend reversal. I attempted to...