Guys, Nano did us wrong the last 2 trades but I still have plenty of hopes in it since clearly we've been working on the second cycle for quite some time now. If in fact this channel is valid and we get a bounce past the 5750 pivot, I do expect for us to start seeing an upward trend. Since we got burned the last time, we’ll be patient and wait for some sort...
If you follow my trades, you should know by now that I love second wave retrace entries and this trade is no exception. We have a first wave that did 320% in 44 days and a second wave retrace of almost .618 of the first. Currently we have a second wave retrace of a wave that is 2 levels down as we work on the first wave of the third wave. Entries: ...
Ladies and gentlemen, As you can see here, we just got done with the first 2 waves of this third wave: Our entry, as always, will be in the form of a pull back of the minor pump since it seems we’re about to hit the 100MA and the .236 retracement of the previous wave. Here are our trade figures Entries: .007411, .007332, .007220 Stop below .0069 Target:...
Good day traders IOTA is kinda playing in no man’s land right now. Currently we’re trading below both the 100 and 200 MA on the 4 hr chart. With the 100MA about to cross the 200MA, we might see some additional bearish momentum. Additionally, we have a bear flag being formed to complete this ABC zig zag that should target the .786 correction at roughly 1.30...
Good day ladies and gents, This coin needs no introduction since its daily trade volume is more than most coins when they are spiking. Love it or hate it, TRX is going places. Based on the first and second cycles, we can expect TRX to be somewhere around the 5600 satoshis either within this year or the next: Now back to our trade. The only thing bad about...
Good day traders and happy Mother’s Day to the ladies in our lives Speaking of ladies in our lives, let’s take a look at ADA, whom we’ve been stalking since the decline that started on May 2nd. Please see that previous idea (in related ideas below) to get a better picture of my wave count. Basically, we were waiting for ADA to correct to this 50% retracement...
Good day traders, If you’re like me, you love to stalk coins. Specially coins whose value gets blown out of proportion based on fundamentals and then corrects back to reality at a discounted price. The reason why I love this type of trade is that all the price levels are there for a perfectly technical trade. You know where the supports and resistances are and...
Good day traders, We have a valid wave (i) and (ii) that retrace about .786, then we have another leading diagonal i and a ii that retraces .786 again. Quite a standard EW trade set up for the third wave. However we're currently trading below the 800H MA so caution is definitely needed. In this market, we’ll have to wait for solid confirmation prior to making...
Too long, did not watch? BTC down to low 7K to complete fourth wave of third cycle before heading to 75K. Ladies and gentlemen, If you’re anything like me, you love super combos, specially those that end with an uppercut where your opponent is sent to their fiery death and you get a perfect finish KO as the crowd go wild. But you probably aren’t like me and...
Good day traders and welcome to this idea on NULS As you can clearly see, NULS is a beast. It’s trading above January high. Not very many pairs are trading above January high… I can only think of EOSBTC and ZRXBTC off the bat. So no doubt, NULS is going places. Looking at the daily, we see that after testing the March highs, NULS has accelerated quite quickly...
Good day traders, Today we have a fantabulous trade coming from none other than NANO. Definitely one of my favorite coins to trade. Feel free to review my last idea on NANO which did not hit the other day, but this one we'll likely catch for a very strong third wave. Entry 7300 Stop 6950 Target 16500, start taking profits from 14K and up R/R ratio: 1:26 If...
Ladies and gentlemen, In our last idea on ICX, we expected a decline to the .618 retracement at roughly 3700 but it only went 4000 and bounced back quite hard. Being that this was the confluence of the 800H MA and the 50% retracement, an algo target, we had a nice and strong impulse wave towards our resistance at 4900. After coming to a hard stop at the 4900...
Ladies and gentlemen, Here we have an excellent range play from VEN. Buy near bottom, sell near the top. The range is between 48K and 60K which gives you a nice range of 50-58K of play. That is about 16% of profit and you can rinse & repeat until we break 60K. This should last for about 30-45 days. The technicals behind this trade: We are currently in wave...
Good day traders, Here we have an update to my previous idea on ZeroX ZRX have been behaving exactly how we thought it would. As an update to this idea, we are currently waiting for this 4th wave retrace so we can hop on the train for the fifth wave. Trade figures are as follows: Entry: 15500 Stop: below 800H MA or 13750 which ever comes first Target 31K,...
Good day ladies and gents, I'm going to leave this idea here as I will update it when we get closer to our trade zone. Likely we'll see this support for the push in the third wave. Big release coming up in June so we shouldn't discount higher price action in the mid to long term. The lower this goes, the better the discount gets. Found this idea to be...
Good day traders and welcome to this idea on what’s definitely a favorite coin among many, ADA ADA ADA ADA… My lovely ADA. I still remember waking up a nice sunny morning looking at ADA’s trading volume with my jaw dropped. Here it was, a coin that came out of no where and immediately became fan favorites. That very morning I had my first 100% where ADA traded...
Hi traders, This is an update to my previous ideas, see related ideas in the section below. With where we are at, I would discount any bearish inclinations at the moment. We'll likely bounce back a few more times but each time with less force and ultimately we'll break through the that pesky 200D EMA Currently fighting some major resistance and the 10D...
Ladies and gentlemen, let's take a look at this beast. Entries: 1/3 at .0385, 1/3 ether at 10% profit from first or .035, last third will be at the 4th wave retrace Stop: below .034 Target: 0.135 Risk / reward ratio: 1:20 Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay...