Today, i would say that TORN is holding quite well his tiny range, and held quite well the recent market slump.
I will set a position to get the Range Breakout.
In terms of money management, the stop must be place just below the tiny range.
Have good trades
This is a great consolidation that seem to start a Break out.
- A first upward leg of 100% with great volume
- A consolidation with 3 bottom with steady volume
- A contraction of the volatility
- A new BO is starting
This graph is to update the evolution of the TREND on the ETH.
Trend W ↘ EMA20 ↘, MACD <0 (the MACD histogram is reversing)
Trend D FLAT ↘ EMA20 ↘, MACD <0 (rather on the bottom)
Trend 4H ↗ EMA20 ↗, MACD>0 (this is the bounce from the last 2 days incuding a trend 4H ↗)
Trend 2H ↗ EMA20 ↗, MACD>0
Trend 1H Daily ↗ EMA20 ↗, MACD>0
Have good trades ><(((º> ...
Here below a trend following study for the last year identifying the upward and downward trends for the BTC.
I indicated what I could remember and update the chart when there is a main trend change which is the case this week.
What I notice is the Portfolio fluctuation is linked to the general market trend. It goes more up on an uptrend and goes down in the...
Possible Bart Simpson Pattern development, we are not in a bullish Trend daily, so Normally buy the support and sell the resistance,
We are not in a bullish Trend , so Normally buy the support and sell the resistance,
See 03 OCT 2021, how the configuration developed. the consolidation continued its upward movement.
HAKA - USDT,
a Small new crypto, the project looks promising. The Volumes are very high compared to the market cap
- Great Volume
- Figure RDM , VCP
- A first consolidation
- Sector of the Defi, compared to other Defi project it is completely undervalued
BOSON USDT - Graph 4H
- A Volatility contraction pattern ( VCP ) is building up
- Great volumes observed during the last weeks
Dock crypto fundamentals: E-commerce, Metaverse, a very promising sector and project at the right place at the right moment
Let's observe the development of this VCP configuration.
DOCK USDT - Graph weekly
- A Volatility contraction pattern (VCP) is building up
- Some unusual volumes could be observed yesterday leading to a movement of + 20%
Dock crypto fundamentals: manage and present digital credentials that are instantly verifiable using blockchain technology
Looks promising and Capitalization of 71 Musdt.
Let's see the development of...
Some sellers are blocking the price below a resistance around 0.91.
When this resistance will be broken we would observe a major move toward the level of 1.00 and then above.
Wait and see how the price action will behave.
The configuration to look at is a long term Cup an Handle.
XRP suffered of the issues with the SEC and is lagging behind the market and did take advantage of the bull run of April, Sept 2021
On the other side we have often seen some strong recoveries.
A slight move to 1.4 and 1.5 and XRP will start to attract the attention and people will start to think the...
ENJ USDT, one of the great swing trading configuration of the Moment.
- Great Volume
- Figure RDM, VCP
- A great consolidation
- Sector of the Metaverse
So this is a combination of factors that gives a great swing trading opportunity.
The BTC is currently in a range since few days. It holds the 62000 which is quite good.
Update Trend BTC
Trend Weekly ↗ EMA20 ↗, MACD >0
Trend Daily ↗ EMA20 ↗, MACD >0
Trend 4H Flat EMA20 ↗ , MACD <0
Trend 2H ↘ EMA20↘, MACD ↘0
Trend 1H Flat EMA20 ↗ , MACD <0