Sherem

Sherem Updated 

ETC is getting into oversold territory. Check out this daily RSI, ridiculous. I don't think I would short it with this type of strength, but we definitely want to keep an eye on it if it comes crashing down. As of right now just above the $5 area is the zone to look for. Happy trading and hodling. -Sherem

Sherem Updated 

I have owned RCN since roughly September/October. I believe the upside is far greater then where we are now. At this moment in time it appears we are forming an ascending triangle and getting ready to move much higher. Happy Trading and hodling. -Sherem

Sherem

I am going to be posting more coins in this series, stay tuned. FunFair is the first. Some will have detail and others won't. i am re-posting the below write up I did a while ago. It's really cheap right now. It could run just on the halving alone but if it starts getting some hype, we will really take off. Worth to keep on your radar! "I don't know what you have...

Sherem Updated 

I know people haven't been doing much with ZCash and it's gotten destroyed. But here's the thing, we haven't seen a rebound in ZCash basically at all. Technically the RSI is oversold. But that matters very little. It does indicate we'll get a bounce up, but we are banking on that in the coming years with increased global turmoil, we'll see a move back to privacy...

Sherem Updated 

RSI is coming off hard from this oversold territory, MACD is crossing up. And if you zoom in we are forming a choppy inverse head and shoulders on the daily. If we break this $60 area we should get a pretty big move It's enough for me to want to roll the dice on this one. Happy Trading, -Sherem

Sherem Updated 

Wow. What a last couple days it has been for trading. We have seen the markets go all over the place with the events happening around the world. One thing has been made clear in regards to the stock market and that is it's in one of the most irrational states I have seen it in. Iran launches missles. Stock futures crater. Trump tweets it's all good. Market says,...

Sherem Updated 

Our previous trade from 1.63 and 1.83 to 2.5 on link worked well. We captured a lot of upside, but LINK didn't go up nearly where we wanted it to. The resulting pattern is not a good one. While LINK could easily form some type of bottom here and move up. There are some things playing against it right now on the larger weekly time frame. The first to note is the...

Sherem Updated 

I have been wrestling with what to do with XTZ and whether or not a re-entry is warranted at these levels. My initial thinking was that we would go down to $1.20 or $1. and I wanted to wait to see what XTZ would do once it hit those levels. We did indeed test the $1.2 area. Very quickly. Every time Tezos has looked to violently move down, even in the face of...

Sherem Updated 

This could be one of the most important pattern formations that happen in 2020. If we look at the similarities between the time BTC bottomed in Dec of 2018 and now you will notice striking similarities in pattern formation. The first is the pattern when BTC first came down and tested the $7,000 support. We saw a jump off of that level and a rebound just to $7,800....

Sherem Updated 

As bullish as I am for Tezos in the next 6 months, it appears we are settign up for a pullback here. Tezo's is currently bouncing off the all time highs that were made previously and is coming off those pretty hard. If we continue to "round out" this top area, we could geta substantial pullback. Tezo's keep buying up any pullbacks, but this time around the price...

Sherem Updated 

Ripple is in a support zone right. RSI is very oversold on the daily. Nice set up for a trade. While we could get a spike down to 23 cents before rebounding, if we find support at this level here. It will be bullish long term by creating a higher low. Not exactly the way I imagined it playing out, but here we are. Best of luck. -Sherem

Sherem Updated 

Sure looks like it's ascending into a break up. On our way to $10 Tezos Tezzies. -Sherem

Sherem Updated 

Link is at a critical juncture right now. That last divergence in the RSI had to play out and has sent LINK coming down after busting up out of the triangle. However, it has come down and broken the triangle to the downside. Instead of barreling down and confirming a large down move, we have found support at this EMA here. BTC and the rest of the market also seems...

Sherem

We won't see LINKUSD rebound until LINKETH runs its course Watch for this to come back down to the support zone, RSI to bottom and macd to level off before we take a position in LINKUSD again. -Sherem

Sherem Updated 

Cosmos (ATOM) is at a support zone right now. If the trend continues, which I imagine it will, it has a high probability that it will continue from this support zone. Happy Trading, -Sherem

Sherem Updated 

Lot of people posting doom and gloom right now. Perfect time to buy if you ask me. Most of the market makers had to shake out all the longs after shaking out the shorts on the last spike up. it makes for a great recipe to really have a massive rally into the halving. There is a difference between the prior halving and this one. The prior ones you didn't have the...

Sherem Updated 

I'm going to call it now. I bet within 6 months we see $10, there is a lot going for Tezo's despite some of the FUD out there. Tezo's is starting to run. If we break $1.30, look for a higher move up after that. Shorter-term and especially longer term, this is quite bullish. It is very possible that this pattern takes a longer time to form up, we bounce around...

Sherem Updated 

i am still holding my link from our $1.6 entry and 1.8 entry. We are in very good position right now. The question is, do we dump? As of right now, I think the answer is No. Link has been holding up relatively well as we have seen BTC and other majors fall. If we look at the weekly MACD we can see that link has actually been gaining strength. RSI has also ran it's...