Sherem

Sherem Updated 

We can see that that LTC failed to sustain it's upward pressure and started to pull back, while BTC actually broke to the upside and had a substantial move before pulling back. Remember, we laddered in from 70-60(depending on where you saw my posts) down to 55, even 40 in some cases. We are in very good position to hold for a move up. Now, my last post update...

Sherem Updated 

No seriously, buy some XLM. It's at one of the cheapest points it's ever been and it's function is really cool not to mention the partnerships it's involved in. Technically it also looks strong. If we break 13 cents we are moving to 20 cents really quick. We break that and we move much higher. Get ready. Happy trading and hodling, -Sherem

Sherem Updated 

Come one, come all. Learn the art of the ladders. Folks, if you have been following me and you laddered your positions in as I outlined in many many previous posts and subsequently bought from 6400 down to $3500. You're weighted average should be around $4,300-$4,500. Meaning, if you gave what I said ANY credence. You are profitable in one of the worst bear...

Sherem Updated 

Come one, come all. Learn the art of the ladders. Folks, if you have been following me and you laddered your positions in as I outlined in many many previous posts and subsequently bought from 80 down to $50 and possibly even $40. Your weighted average should be around $65 area depending on what you did. Meaning, if you gave what I said ANY credence. You are...

Sherem Updated 

If you follow me, you know I have been preaching about this IH&S pattern, we are confirming a much larger move up as I type this. Once we break this 65 zone. We are going to 100 really quick. Targetting just under 105 for a sell and re-entry. I will update the other charts. This movement is all very bullish across the board. -Sherem

Sherem Updated 

For all you BCH fans out there, BCH is knocking on this 220 area. Once we break this area, expect a sharp move up to 300. Once that resistance is broken, 400 is the next level to watch. I wouldn't even worry about resistance at the $350 level, typically when there is a gap like we had, the market it fills it pretty quickly. Not always, but usually. Everything is...

Sherem Updated 

Folks, you can see the triangle and higher lows I was identifying as early as the last 2 months are holding up really nicely. We continue to create higher lows and continue to form up this ascending triangle. We have knocked on this 160 area once before and we are already doing so again. From this point on, expect it either to blow through this area with a major...

Sherem

BTC is making serious headway and has confirmed a further move up. We have broken this trendline, but also notice how strong the MACD looks, RSI is curing upwards and we are making this rounded bottom. We should move up to this $6,250-$6,500 area. Most likely we'll get a pull back from there, and if we hold the pullback, we are going to move substantially higher....

Sherem Updated 

Don't be surprised if we start busting up here really soon. This right shoulder has spent some time forming and it's looking primed. -Sherem See past updates for more detail.

Sherem Updated 

Folks, per my last update, I was anticipating we would move sideways, and we are indeed doing that to form this right shoulder. Watch for a break of $65. If we break that with conviction we will be going higher. Happy Trading and Hodling, -Sherem

Sherem Updated 

Yawn. Crypto has been increasingly boring lately. The moves are lethargic, the news is hum drum and we aren't getting any action. Expect that we will move sideways for the next month. Maybe we move down and then up? or up and then down. i doubt we will be doing much of anything. if you are in the markets, hold fast and be prepared to hold for much longer. If you...

Sherem

Guys, check it. Is this a MASSIVE Inverse head and shoulders forming? If we break this dotted purple line I drew, we are going up to 105 in a hurry. We should get a pull back from there and then another massive rally after that. LTC has by far been the strongest crypto in recent months in terms of movement. Watch this $65 area,if it breaks we are going up in a...

Sherem Updated 

The call for the pullback from 160 to 120-130 area was on point and this 120-130 area has held nicely. i outlined how I think things could play out. But overall, this pattern is looking much better then the previous one. The last pattern we had in the 200 range formed a continuation triangle, whereas this is forming more what it looks like to be an ascending...

Sherem Updated 

A lot of people are crying that the market is manipulated. But why did my last analysis nail the last pull back? Quite simply, it was the last high that acted as really strong resistance. A person with a large stash of crypto dumped. Is that manipulation or just someone taking profit? Maybe someone having to make payroll? Reversing a major downtrend never happens...

Sherem

ETH is finally getting some love and you can see from this chart we have now successfully made a higher low. This is a very good sign, especially with the ETH hard fork coming up. We need to get above 160 to indicate we are going to get a much larger move up. Above is how I think it could happen, but it's really predicated on breaking 160 so we don't form a larger...

Sherem

Hey guys, Sorry for the lack of updates. Eth and the crypto market in general has just been in the doldrums and there just isn't anything to update you on really. If we zoom out to the weekly chart we can see that the weekly MACD has crossed, and RSI remains moving up, but we are just moving lethargically. Why? The ETH upgrade got delayed. If they upgrade...

Sherem Updated 

Folks, all attention should be on ETH with the Constantinople HF coming out. If we move my black line just to the right and not change it we can see that it's been following it really closely. The probability that we go to 200 before the HF is very high. If we go through 200 we could go much higher. I think we can and we will, but it remains to be seen. Roughly...

Sherem Updated 

If you recall my last ETH/BTC post, it recommended going long at .03 for a longer term hold. the trade is in profit right now, but we still have a ways to go. there are a lot of different ways this could play out. With Constantinople coming out I anticipate we will get a massive move here at the first of January. We'll be targetting this .06 level and possibly...