This could reverse before the daily close, but looks like a good entry for a short term profit. Personally I'm staying out, but a 3% profit is realistic. Looking for more might be too ambitious given the bear market.
Following the buy, close, sell signals on a 5/10 MA on the weekly you will almost never go wrong. This is probably not the beginning of anything parabolic but I expect a good return, if you long here keep adjusting your stop loss. Target is around resistance at approx $9400, and I would bet on it dropping down from there but too early to tell.
After reading Olszewicz's article on bravenewcoin.com and agreeing with his analysis I've updated what could be the bullish turnaround for BTC and possibly Wyckoff spring happening this summer.
Article here: bravenewcoin.com
If greed and the fear of missing the bottom overwhelms traders this could be the path up. I am BTC Bullish long term. Bearish short term. Really any entry below 6k is going to seem like a genius move a year from now.
This is my bullish scenario for BTC which only occurs if the greed is too strong below 7k. I can see us hitting 5k so this is in no ways a prediction -- it is merely how I see BTC reversing if it does. Everyone else seems to think there will be this huge moon bounce, but I think the market will be jaded and skeptical for a long time.
When BTC hits 10k it may...
Much of this TA assumes BTC remains bearish into July. A sudden BTC swing up could invalidate this. I like IOTA for an EOY gain. I'm not convinced it is a project with a five year future.
Most of my crypto strat is too acquire more BTC, and that's my intention here.
I'm bullish on $ZRX because of the Coinbase acquisition, but I will consider any market condition where I have a good chance to increase my bag. This is a $5+ coin for EOY.
A BTC drop will slow the 0x growth.
I like NEO long term. I see it being a $200+ coin EOY. All of my strategy in Neo is to use what I have to accumulate more. But ultimately is only 2% +/- of my portfolio.
I'm sharing my strategies but I'm wrong quite often. But when I am right, it has more than made up for my mistakes.
You can see my last NEO strat worked out well for me below.
RSI dropping below 30 on the daily is my buy signal. I don't put the order in immediately. I wait to spot a true bottom and I'm okay catching it on the uptick or I set the price I'm happy with regardless if it goes lower than what I set. Sometimes you can't watch the charts. When I believe in a coin and I short it when high on the RSI, I usually set an 8% buy...
0x is up and will remain up for the short term as the expectations of it having been acquired by Coinbase are going to generate a lot of interest. That said, Coinbase will not be listing this token as soon as the holders want them to. The daily RSI may drop below 30 midsummer when people grow impatient or forgetful. That said, the buy in at the daily RSI low,...
There's not a lot of history to look at here. I usually only like to enter when a coin is below 30 on the daily RSI. Here it is low on the 4 hour, but there's still plenty of room for this to go lower. If you believe in the token then this probably isn't a terrible entry, however I think patience will reveal it has lower depths to find and if it doesn't you won't...
I'm not sure what I think about TRX long term, but it will probably achieve an all time high with main net launch, and so there's an opportunity to accumulate more BTC which is ultimately my primary goal in crypto swing trading. I'm not setting a specific sell amount. I'm planning on paying close attention on launch day and in the time right after.
I'm bullish on IOTA long term. Going to add more to bag where indicated. Will look for opportunity later to sell and buy back more later this summer or fall. Looking at December to see whether I stay in this coin in 2019.
You will know when to enter ICX when looking at the Daily. Even if you don't buy at the absolute lowest, don't worry about catching the knife. This is simply knowing when to get in and when to get out. Know when to hold 'em. Know when to fold 'em. Know when to walk away. Know when to run. I only sell to buy back more at a lower price on the projects I think have...