We are now seeing the alts starting to play out in 5 waves which makes it very easy to trade. The retrace from the red cloud and the support for a 5th wave. Expecting NEO to break the cloud and make a 5th wave and a possible extension.. GO LONG!
LTC is a coin I have been huge on for years and I begged everyone to buy buy buy at sub $40. We improved the position at around $83. This is a longer time frame for me as we search for those ALT All time highs to make us serious profits. I would expect a blow back to around $90 or $80.. nothing to really concern me as we make a 5th wave push for $130 where I hope...
There are 2 ways to look at Bitcoin trading right now. 1/Short term - There is so much euphoria on this latest run up for Bitcoin. Do I think we should run out and short Bitcoin - NO! I find it hard to short in an upward bull market, plenty of opportunities to short in the future but you do not want to be caught holding a short if this runs to 25k. Short term I...
I have been huge on ETH since day 1. I was even more huge in March this year at sub $100, i couldn't believe my luck buying ETH at these prices. 2 plays for ETH Long term and short term. The long term 5 waves is now completing - Will we continue an extension or have a retrace. Long term i see no reason for $1000 plus and hit the All time highs again. In the short...
We placed a buy signal on NEO at Sub $10 and again recently at $16.33 NEO is a coin i have always been big on from a trading perspective. Great for long term holds and smaller term plays. For me personally i play NEO on longer time frames. Possible 5th wave playing out with a target $22.26 and a resistance at the double top. If you can get at sub $18 on a dip i...
BTC Im quite bullish actually - Any chance to buy sub 6k and 5 k should have been taken. I was very clear about this at the time even though we couldnt say where we would bottom out however the 88% retrace was pointed out as a probable opint of interest. We should be retesting 7000 USD to 7500 in this wave of the cycle. Has the ABC Finished? Possibly but there is...
Many people are panicking about this drop in price for BITCOIN and the ALT Markets, however the reality is that we should have been prepared for this. BTC tried several times to test the 10k level and failed each time, for quite a few months. This was on the back of a parabolic run from $4000 that saw a perfect 5 waves play out. The 5 waves had obviously come to...
BTC attempting to make a wave 3 in this cycle. This not mean 100% this cycle will work. Look back at the blue circle. This is why its important to buy as cheap as you can and play a strategy with stop losses in place. at the moment were holding a 50 retrace from the bigger cycle we just went through. as i mentioned, if this is a bull run, 50% would be an...
Is Bitcoin Bullish again... The million dollar question. Leets just look at some simple long term trends for Bitcoin. If we take the trend from April 2015 we find Bitcoin bouncing right off of the trend are around the 8500 dollar mark. If Bitcoin is indeed Bullish it should hold here and make a retest for the 10,000 Mark, maybe even 11,000 which is where that down...
Markets now in a well needed retrace. Its funny how people are starting to panic again. Bitcoin completed a very nice 5 waves and this ABC retrace was of course expected. Thats why we have not been in BTC since cashing out at 12k. Our target entries were $9100 to $8600... I hear people saying now is not the time to buy... WRONG... The time not to buy was at the...
BTC still in that zone of take profits at the end of a strong 5th wave. If this is a retrace were looking at the green boxes starting with $9500 So i will accumulate buys from there down to $8500 to cost average. Now is not the time to be buying, now is profit taking areas or if you missed out, i would wait. Need to be careful not to get caught in an ABC retrace...
3 days ago we painted a chart for an expected bounce of BAT and it bounced right of the FIB as expected. Up 15%. IF YOUR IN THIS TRADE, PLACE A STOP AT 10% profits to guarantee return
My feeling is that BTC will probably have a retrace to $8500/$8600. Some people may call it a blood bath, I call it a needed correction. of course i may be wrong as it was around this point in 2017 when it took off for 20k, this is purely my own opinion. BTC just completed its first 5 wave set in a long time and again has retested the 10k mark and looks to be...
We entered DASH at rock bottom sub $40, this was a no brainer and is 101 FOR TRADERS.. BUY WHEN NOONE ELSE WANTS IT. It hit the $135 profit zone perfect for huge gains. Now in a consolidation pattern and looking to break the flag one way or the other. Usually once these break they go hard. I would think it needs to blow off some steam, however, a break to the up...
I have been pushing for accumulation buys for ETH since under $100 when everyone said it was dead. Last week I painted the long term trends and suggested that if this breaks out it will go for a run and it should be a buy. This is what happened and I really feel that ETH may be at its extension point for now and may need a breather, could retest the $200. This...
Ill keep this very simple. The last time Bitcoin hit $11,800 it went to $20k in 12 days. Are you ready?
BITCOINS Parabolic 3rd wave has smashed its way through many barriers. Finally we have some green in the not so distant future on the 3 day cloud. First time in over a year. All the signs are pointing towards smashing through the 10k Barrier. Using the log Chart we have our current parabolic resistance trend. BTC Has moved a long way from the cloud and the EMA...
LITECOIN is one of my favourite coins to stack and to trade. It has now completed 2 5 wave sets in a row and is moving in a parabolic fashion. I was lucky enough to accumulate the bottoms and had $123 as my target for the trade. I really would expect to see a pull back/correction at some point to retest $100. If. so, ill accumulate again around that mark and sub...