Crypto_and_FX

Crypto_and_FX Updated 

Taking a long here at 1614 Looking to hit nest resistance at around 1800 but may deleverage on the way up since this rally feels like a bull trap, but looks to have some legs left for one more move up. Stop loss is just under this support level at 1575-1580

Crypto_and_FX

Looking for a short gain on continued momentum to the upside. Take profit at about 1600, stop loss about 1550

Crypto_and_FX Updated 

ETH looks to be overbought and is hitting overhead resistance on long time scales. I am looking to take a leveraged short here at 1550 and looking at approx 1475 for safe take profit on a 15M scale and look to deleverage and 1400 for aggressive take profit. I will continue to pay attention to and adjust as more candles finish on the 1H and 4H. If we start getting...

Crypto_and_FX Updated 

LockTrip has broken through the 100 Day EMA and through the descending wedge that was forming. Look for LOC to make gains to the 200 Day EMA. Once the LOC 2.0 Economy gets going near the end of November, 5% of all bookings will be purchased in LOC off the exchange and burnt. In addition, another 5% will be purchased in LOC and locked in a smart contract for 6...

Crypto_and_FX Updated 

Locktrip has broken through the 50 day EMA (orange) has now hit the 100 day EMA (yellow) a few times. We will be looking for it to break through this resistance. If we look back to the 2018 run, we see once it broke through the 100 day EMA, it was used for support a few times before breaking through the 200 day EMA.

Crypto_and_FX Updated 

LOC wicked off the support once more in conjunction with Bitcoin dropping today. This gives me even more confidence of a breakout to the upside in the next 2-3 days. First resistance gives +20% vs BTC. If LOC were to drop, there would be many people excited about those prices to accumulate including myself. I don't think it would last. Trade at your own risk.

Crypto_and_FX

We have finally come to the end of the triangle. Within the next 3-4 days we should see a breakout above or below. I believe it will be above.

Crypto_and_FX

Locktrip has turned bullish on the weekly MACD. As you can see from the chart, the last time this occurred, LOC took off vs BTC for a few weeks for a 400% vs BTC. Let's see if it plays out again.

Crypto_and_FX Updated 

When we were previously at these levels at these levels in Sept 2018, there was about a month of accumulation and then a violent move up for 400% gains against BTC. I am expecting similar movement here in LockTrip over the next month or two.