breakout on rvn btc the level has been tested two prior times and third time could be a charm.
gotta watch btc and the overall market looking a little heavy.
also check out etc for a good trade as well with the current breakout i would look to enter a pullback.
Binance the best place to trade alts imo my referreal code if your not trading there yet...
quick glance on btc and the market
check me out on twitter at @ajcryptolove
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these things at time had inverse relations ships with btc as well as have very strong trends when not in consolidation patterns
I ve tried to get in BCHSV at what i thought were bottoms which faild been stopped out of a long trade for 200% percent to the upside 3 times maybe 4 but dont think that means that it wont happen thats its just not happening think for...
NCash has held its btc value for the most part during the most recent bottom and bullish leg of BTC/USD
This holding price as well as how market correlation works I like taking investment style trades ( wanna know more message me) and take some bottom fishing plays as well as what I belive to be bottoming patterns of certain alts to get easy scalps out of my...
posted my thoughts yesterday on the link I shared below
weve hit our 50% fib retracement from bottom
I like an entry here but its not a home run we could take right off from this level or continue sideways or further down
love the .618 fib entry on eth or btc The old resistance would be the .618 fib support. resistance become support...
just gotta be reactive...
a lot of acculumulation over the past two months we could still retest these levels but breakout is also likely and reward is good so I wouldn't hold back too much here could see a few days of upside on these two if they run
looking long since the trend is up but we could see a pull back or further consolidation
why I like the trade so much is the last two consecutive inside bars on the 4 hour time frame big time potential
My entry is on the break of the inside hourly bar bearish...
my biased is still we bottomed but believe a double bottom retest or flush out is still possible..
This thing can still take off long and blow off top with a short squeeze. Think most likely a further consolidation to the downside is likely and i liked the hourly setup..
will be very quickly to exit if...
added on the arrow small size so I could add if we get a shake out lowered then I will add on bullish continuation
had similar patters of other alts this week #ltc #ARK #EOS #HC #THETA
THIS IS A POSITION I WILL ADD ON A FALL.... BUT AM CLOSELY WATCHING CORRELATION ACROSSED MARKET.