ETH has confirmed both a symmetrical triangle and a descending triangle.
It just retested the initial breakdown point of the symmetrical after confirming both
First target (Descending triangle) 194
Second target(Symmetrical triangle) 158
Ascending triangle bullish confirmation on a close above 148.
Stop- close below most recent higher low
Descending triangle bearish confirmation
Close below 118
Stops on a close above most recent lower high.
Bullish Falling wedge confirmed on AVWAP from bottom
Bullish retest of wedge formed an inverse head and shoulders on verge of breakout
Target 250 neckline of H&S top at $250
Entered at 224
Stops at 211
If we can storm through 250 I'm holding my bags for 360.
Read through my other ideas from this year to see what 100% accuracy looks like.
My guide for SPX
Consists of Head and shoulders target 3600
Ascending triangle target 3330 (hit)
If we start breaking the recent swing low(the last higher low) we should find support in this area. The biggest opportunity remains buying the 200 week moving average. If we break there, i expect a 50% drop.
As things stand today, my target is 3600. with stops...
Falling Wedge breakdown on eth below 262. Targeting 240, 230, 220. I could see it hitting the AVWAP from the bottom at 197.25.
Ill be looking to buy the dip down there after levered longs get smacked down.
We've been ranging for a few days now after breaking down from a swift move up across the crypto market.
Tons of people getting chopped up. Bearish at the lows, bullish at the highs. Selling bottoms buying tops. We are at the bottom of this move and about to go retest the highs over the next 24 hours.
Crypto twitter, per usual, thinks we are going to...
Has there been a better, more simple strategy than trading EOSUSD using the 50 day simple moving average?
Here are the results from going long EOSUSD when the 50 MA turns up and going short when it trends down:
+23.68% (so far)
I have been long since low 3's and will remain long until the 50 ma turns down. KISS