JustChartThings

JustChartThings Updated 

and no need to complicate things by looking at shorter time frames unless you're an intraday swing trader. Key aspect of the continue bear trend is shown on the chart. Waiting until we reverse and the chart supports it will make your entry higher, but you are less likely to get stopped out or lose money if bear trend continues. The only thing that warrants...

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where real demand is even more difficult to find than real supply, surprisingly. Square waves in trading, seems rather blatant from my perspective just hunting for stops as boredom has set for trend traders and investors in this space. Most remaining traders probably net neutral or losing in this environment. Notice the volume accompanying these "trends" and...

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at current levels and will probably continue to see sporadic accumulation as Bitcoin remains in bearish territory. 2018 likely to see increased adoption of decentralized exchanges and technologies vs. big exchanges. Testing ongoing (trade.airswap.io) and probably one of the main tokens of interest for such purposes in the coming year (also think ZRX, BNT, etc.)...

JustChartThings Updated 

reversal higher for now. Short time frame chart (15 minute) so take that into consideration of what "bullish" and "bearish" mean on the chart. Showing Bitfinex chart here, which got uniquely stomped (good reason not to trade on this exchange versus others). Channels help dictate general trend direction - but the longer we remain weak, the more it looks like...

JustChartThings Updated 

and potentially will be setup for a major run depending on future fundamental developments. Clearly signs of large positions being taken here over the past 6 months in a coin with a real use case that's being used for its intended purpose. Surprise catalyst will be a connection between Numerai's hedge fund performance with the Numeraire coin - hinted at in one...

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highly correlated with Bitcoin (www.sifrdata.com). Really just waiting on Bitcoin to confirm bullish reversal or bearish continuation. Under bearish conditions, dip buying $400-$500 for Ethereum, where support is significant, would provide good risk/reward levels. Under $400 and support is nearly non-existant outside of psychological round number levels. ...

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with a potential H&S beginning to play out. Still require the break of the neckline and confirmation before the measured move can be traded effectively. Note the confirmation of breakdowns in patterns have typically been happening rather quick, so longer time frames sometimes do not show them well. $8500 would be a nice level for a higher low, in confirming a...

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if $6k was a floor or not. The choppiness has definitely told me to patiently wait for trending behavior again. However, in the interim, some patterns can be visualized - whether or not they have practical merit is another story. So, this post is merely highlighting it with neutral outlook on its resolution. Yes, I'm using the 15 minute chart here to evaluate...

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in the near-term, as we confirmed resistance at $13,000. Notes on the chart but looks like we'll test the next level of support in the not so distant future, which should be stronger than at $10,000 for reasons mentioned. $6,400 might be a capitulation area as traders see $5,000 as very strong support and catch it before we get to $5000. Also note this would...

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for over a month. It also performed well during BTCUSD volatility over the past few days, with overall very low volume and good stability. Even risk/reward is OK here at these levels, however, I see this as an opportunity for holding over several weeks rather than days. Positive catalysts are on the horizon but I like it mostly for the above as well as the huge...

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Does the chart above look like 2017 to you? 2014 was the beginning of a year-long bear market after an exponential rise in 2013 for Bitcoin. Will 2018 be similar? Charts are pointing to "likely". 2013-2014: 2017-2018: Starting to see the resemblance? I did and will be trading defensively to cushion myself to this scenario playing out. I've written up...

JustChartThings Updated 

after a nice confirmation of long-term resistance, SALTBTC looks ready to test ATHs within the week. Strong volume likely means pullbacks will be minimal until we see an exhaustion of demand. Given the current market, this could still provide some considerable near-term gains. Will need to use a position sizing strategy to manage risk here, as risk/reward...

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and forming an ascending triangle here, priming a breakout. Bit overextended into the top of the triangle to make risk/reward levels ideal, so any entry closer to 0.000014 would help. Breakout could happen at any point. Don't really have a long-term bias for this coin, but chart alone looks worthy of a 40-50% pop.

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and providing a good entry with great risk/reward levels; nearly 1:10 Expecting a move toward 0.000018-0.0002s so long as the breakout holds. At the time of this post, there's a ~200 BTC wall at 0.000012, so take that however you'd like and with a grain of salt, but I don't think this is done moving yet. If you're not using Binance yet, you should give it a...

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with great risk/reward levels, near 1:5. I have a long-term bias where eventually I see a breakout above 0.006s, making this entry area good for also building a longer term position. While this chart is still early, compared with the daily shown below, the daily has tended to spike on huge volume; therefore, setting profit targets to lock in some trades is...

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XMRBTC has been confirming support levels, building a base to potentially move toward ATHs. We may see one more chance in the near term to add a bit lower, making the risk/reward more attractive; however, if you have a long bias toward this coin, even this entry is OK since we've now tested support twice. Position size management can be used to control risk in...

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forming a symmetric triangle; long bias breakout here given the market conditions and generally positive sentiment for FUNBTC over the next few months. If this breaks to the upside we'll be at ATHs, which can bring in renewed interested even if the run becomes extended (certainly less of a problem lately). You can trade FUNBTC on Binance, a growing platform you...

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here during its reversal. While volume is beginning to weaken, likely due to the weekend, ZECBTC may make one final push here - risk/reward levels suffering due to late entry as of this post, but notes on the chart. If it fails to breakout here, would expect the longer correction will begin to play out. Note this is the 15 minute chart, so "longer correction"...