Looking over everything here it seems that all of the signals are working in our favor on the 1 day chart. I expect this to be the center of attention with so much hype surrounding it at Consensus2018. This is slated for an easy 20% gain over the next few days if volume permits.
I have to say that I've been quite impressed with the overall growth of this project, they've managed to do it organically as well. After seeing a healthy run it would seem that she's run out of steam and with other coins being the primary focus as we enter the week for the consensus conference in NYC. I can see other holders of this coin selling and taking...
Investors are loving what they heard on the call with LC executives. I'm expecting healthy gains until the end of the month. Be mindful not to enter at a peak and chase gains, I'd say its a good time to enter a options trade on this. 3.50 strike in the money with a straddle for downward movement, track the gann fan lines for support and resistance. Look for...
Looking at the LTC/USD pairing on Coinbase the current conditions seem right for the next leg up. Looking for gains between 15-40% over the next few days, could surpass expectations if indicators permit. I've currently entered this trade - no current stop loss as I don't expect this to go much lower as it seems to have found proper support at the 60 MA. Stay...
Random follow up to my West Texas Oil chart.
Looks like we might fund support within the new trend line. Will watch over the next few days, expecting large amount of volatility moving forward. We can look to expect economical and geopolitical issues to drive oil prices north. Look at oil over the next few months to provide huge gains. Going long on US Oil.
Just something I put together here this evening. Looking for a retrace to the Gann Fan support or a nice bounce off the strong average. Stay tuned, thinking best point of entry is going to be around Gann Fan support. Should be interesting to see how the next few days play out here. Stay tuned.
Looks good for next leg up. RSI is oversold, it beat earnings by 200% with a second earnings here in the near future, expect a run up to earnings. Take profits before or after depending on your risk tolerance.
Looking at the price action on the one day LTC might be looking for a leg up, depends what the catalyst will be. Recently its held itself relatively well with the fluctuation of BTC price. However on the one day we see price action start to slow with what looks like coiling with a descending wedge to support. Lets see what she does here over the next few days....
After the last few days of consolidation we find that GERN has broken its down trend with slight confirmation at a new uptrend. With that in mind the beginning of may should hold some value as data starts to surface and a shareholders meeting is set to take place around the 15th of May. This is a long-term play with a lot of upside potential. Looking for a strong...
Looking over the last few days it seems that XVG has found some nice movement in overall volume supporting its most recent break out and up-trend. Currently Technical Analysis Summary is in large support of a buy. Indications for moving averages are showing support for the up-trend and even with the bad health of BTC this thing continues to make a move to the...
This thing continues to show progress as the test-net goes live. With that in mind I would like to say that its refreshing in a space of inconsistent projects that we see a team sticking to deadlines and meeting expectations. These are the opportunities I like to invest in. Looking for long-term consistent growth out of a project that looks to solve real-world...
RSI shows over bought at this point and this may be the point in which short-term players may be taking profits. May be able to ride momentum up to a nice target price marked at the second resistance. If you're happy with profits wait a few days for the price action to settle and find a new entry. Currently not active in this trade, however, a good colleague of...
Looking at TRX growth over the last few days we see that there was a substantial increase in overall volumes being traded on the chart. Looks a bit sketchy and artificial. Looking for TRX to continue to show movement to the upside on 14 day moving average. Seems to want to continue its uptrend as of current. This may not be the best time to enter a trade long....
Taking a look at the current outlook of the market we can see that recently Bitcoin has been in a down-trend as of recent. I'm currently looking for a buy in the low to mid 6K range. Perhaps we wont reach it, however, I do feel this is a good place to average out. I'll be taking 50% of my available cash to purchase in my buy zone if it hits. I'll continue to...