HRoark64

HRoark64 Updated 

Here’s an option to capitalize on miners other than the dated GDX and GDXJ. Trading around two standard deviations lower than the mean after a correction from gold’s move above $1500.

HRoark64

Quarterly Indices may very well make new highs with the recent & upcoming liquidity floods from every central bank. This could go on longer than most think since we have the last (or one of the last) positive yield in town that can be taken to zero and then some. If you want to pick up pennies in front of a steam roller, have at it. Divergence between price...

HRoark64 Updated 

The Saudi oil shortage rumor was bought and now I think the news will be sold. We’re awash in oil with a slowing global economy. Long SCO (3x inverse oil) at $14.27 average price. Stop loss 1.5x ATR. TP with half the position @1 ATR, stop loss will move to breakeven and trail upward from there.

HRoark64

Morning everyone. Quick post from mobile. Seems that LTC and other alts want to lead BTC higher like they did earlier this year but ran into stiff resistance at the 50 SMA on a daily chart. Some are slightly above, som are a little below. If you’re a long term investor, we’re probably in a good period to accumulate. Especially BTC since it’s next in the chute...

HRoark64

What would the night be without shilling for Litecoin? Great to see the 9 EMA trying to cross over the 21. Still well under the 50 SMA buy/sell line. Promising run being made at the RSI mid line. Time for another heartbreak. Plan: -Price above 50 SMA, upward cross of RSI mid line (set levels to 50 instead of 80/20) -Enter on next candle that exceeds the...

HRoark64

First Majestic is a top notch pure-silver miner from what I’ve read. I spent last year and much of this year accumulating it in the $5-7 range shaving off a little profit here and there. Very pleased with the recent run but I think this has a lot more to go due to silver’s potential and it being a well-managed company. This is one of the healthiest miner charts...

HRoark64

CDE is one of my lotto tickets for a possible 10-bagger. Even with the recent 60% surge this summer it’s still down about 90% from its post-recession/QE surge. As with EXK (and almost all miners, especially juniors), it’s undergoing a healthy backfill after an amazing run. Plan: Price is already below the 50 SMA on the daily with the average still pointing up....

HRoark64

Daily EXK is one of the better silver miners from what I’ve read and listened to lately. I thought I was slick getting in at that first daily bottom around $1.90 and cashing out a little over $2…joke’s on me. After the second bottom this one really took off after silver began playing catch up. It’s had a healthy retrace since silver topped out (short term, we...

HRoark64

Trading sideways on previous support + double bottom on 5RSI moving average on daily chart: On the published chart note the huge descending triangle, higher lows on 5RSI moving average, very low volatility on ATR. ETC recently traded in this same pattern and broke out to the upside. ETC and LTC also led BTC’s bull run by about two months. Descending...

HRoark64

Well, that got pretty negative pretty quick. I remember a couple months ago when everyone was FOMO’ing in at $12-13k, wishing they’d bought at $3500, $5000, $7800…you get the idea. Let’s take a look at where we are in the market cycle with the little bit of history we have to go off of. Stop here if you’re looking for a short-term trade. 2016 halving on top,...

HRoark64

I’ll just leave this here for all the soon-to-retire boomers who chose exponential growth via debt-based-currency and think they’re going to live three leisurely decades of retirement. #learntocode

HRoark64

Not calling a bottom here but I think it's worth pointing out that the 5 period RSI hasn't touched the level it's at since last November. Price can outrun momentum in either direction...but I think we're at least in the neighborhood. On a side note, my investing gut feels like it did when I bought Litecoin under $30. Buy the blood, sell the froth. Good luck.

HRoark64

It’s been a hot minute since I shilled for ETC, but here it is. Check previous ideas on it for the little bit I know about the use case for it. If you know something, share it in the comments or shoot me a message. ETC’s recent run up to the $9 range was enough to drag the 50 SMA on top of the 100 SMA. Still a far cry from the golden cross we’ve seen with BTC....

HRoark64 Updated 

Afternoon everyone. Bottom line – I’m very bullish on LTC and have a long-term position that I’ve been building since early 2017. But…this is called TradingView, not InvestingView, so here’s what I’m looking at. - The halving came and went without much drama. It was priced in over a month early in keeping with historical performance. Notable is that Charlie...

HRoark64

Aren’t Sundays so much better with Bitcoin? I think so. BTCUSD looks to be setting up for a long position. Top to bottom: -5 period RSI bounced off the mid-line along with price bouncing off the 50 SMA. This is bullish after a small correction following the near week-long run up from $9500 to reclaim the 50 SMA. A green close tonight is important. -MACD...

HRoark64 Updated 

1h Bearish. Below 50/100/200 SMA’s. RSI falling off the chart. MACD averages way down there. Notable that this level has been the start of several bounces recently, but not much upside until the short and mid term downtrends are broken. 4h Bearish to neutral. Price didn’t bounce off the 50 SMA (red) but is well above the 100 & 200 and dragging the 100...

HRoark64

Doing this on the app so it’ll be short. Still lots of calls for ‘the real dump’ to hit. Like I’ve written before, a 40% off sale isn’t likely in a bull market that just had one. I’m okay with being wrong about that...hence setting a stop loss. The indicators point up and even though I’m not a big fan of chart patterns, idk how much more of a bull pennant a person...

HRoark64 Updated 

Yaaay for Litecoin. Right about now is when previous me would get tired of waiting on a move, sell, move into something else, and miss the move. Not this time. 1) See the head & shoulders pattern? Hindsight is so clear. Love it. 2) Down trend hasn’t broken 3) RSI says the market is fine where it’s at on this timeframe 4) That sure was a weak a** fast...