Gentlmen, friends, traders. A simple update. I click on just a few posts on trading view and people are spewing stuff about tops and making up signals to gain hits. Folks, don't get caught in all the malarky going around with people looking for excuses to enter trades. Stick to your guns and analysis Simple explanation of what's going on. What does that look...
Welcome friends. Volatility and big moves have returned to the market. We have taken advantage of them and continue to do so with our positioning. Before we recap what we've done, lets dive into an analysis of what's currently going on. I want to bring up a daily chart as well as a weekly chart so you can see the strength that the weekly chart is...
Just like that my last idea called for a solid weekly close would lead to more upside and we got a massive push all the way to 8k. I saw some calls that were accurate after we turned down. But was I the only one on this site that actually had a structure in place for the last downturn to make money before it happened? I outlined my strategy back in NOVEMBER...
Welcome friends to this analysis on Stellar lumens. With the recent break up in stellar I want to dive into stellar again and see where it's going and outline some possibilities for it. How high could we potentially go? and what is our pain target? We have had a really solid break on XLM and this weekly candle looks quite bullish. Like my ETH analysis, I want to...
Welcome everyone to this analysis on Eth/USD. During a bull move like this it begs the question... how high are we going to go on ethusd? and where should our main target be? We'll examine the weekly chart since this is more of a macro view. We could move up rather quickly similar to last April of 2018, so I want to zoom out and get some perspective. Lets first...
BCH was forming this flag per my previous post, even looked like it broke it. But now it appears that once we break through this 340 area, we are going to go up much higher in a hurry. It all looks fairly bullish to me. Watch this 400 area. We break that and the next stop is basically 650. While the daily MACD is positive, the weekly MACD is showing a lot of...
Folks, we have had some serious moves the past couple days and I thought it would warrant an update. I have seen a lot of people flopping on their ideas, i am glad mine have been fairly consistent as we have pushed up. See my previous ideas. BTC has blown past this major resistance zone and has continued demonstrating a lot of strength. While RSI is oversold on...
Boom. Just like that BTC moves to our charts and follows our patterns. If you follow me, we have made a lot of money after one of the worst crypto routes ever. We laddered our positions from 6500 down to 3300 in 4 subsequent buys. We are very much in profit. See below post for where I laid all this out specifically . If you want to ladder your positions or gain...
Ether has remained in this channel from the last idea I posted quite nicely. You can see that the area we needed to hold, in fact held quite well. However, it's been grinding to the upside whereas bitcoin has really had a substantial move to the upside. RSI and MACD aren't telling us much at this point. However the ETH/BTC cross is very low and oversold. I would...
We have really formed a nice base on Ripple here. You can see that we have held this 30 cent area for quite some time and continue to move sideways. While the MACD and RSI really are telling us a lot with the USD pair. If we look over to XRP/BTC we get a much more telling story. We can see the area that Ripple is coming down to an area that Ripple has bounced off...
Folks, if you recall my last analysis I called for an ascending triangle and we got that. We launched up before coming back down into the support area of the triangle. At that point, the triangle to the upside was still valid. If you look, we knew that if it broke significantly below, only then would we get a pull back. There have been a lot of people on here...
Check out my last LTC analysis' down below. My iH&S analysis NAILED it and we had a HUGE move. If you are going to follow me, you should know at least one thing about how I trade or how I take positions. One of them being that I ladder in positions quite frequently and I will lay out how I do that. our previous analysis' told the story of laddering from 60...
I left my previous arrow up there. It's followed it perfectly. We are looking to bust higher very soon. If we bust through 410 area, we move to 600 next. Happy trading and hodling, -Sherem
I see a lot of other posts detailing how bitcoin is going to fall back down to this $4500 level right away. But that formation really tells a different story. Could it happen? Absolutely. But check out that formation. I don't see a double top or exhausted sellers, I see slow steady buying slowly pushing higher while the sellers are exhausted. An ascending triangle...
We have been seeing the most activity in ripple today. It's been a while since I have updated my ripple positions. If you remember we went long at 33 cents before the big run up to 80. You could have traded that, flipped it, held it. Whatever. You would have made money. If you haven't already, it's time to go long again. Once we break this 38 cent top, we will...
ETH has pulled back from basically no man's land. There is one resistance point dating back to October, but I really doubt that had much of anything to do with it. We can see that ETH has now formed this channel. As long we stay in this channel, we should keep moving to the upside. What could happen at these levels we are at now is we hold these levels and move...
My last post said, BUY XLM referencing a weekly chart. Still do it. Look at this daily chart, massive IH&S is forming. We will get a push to at least 18 cents, consolidate and most likely get a larger push to the upside. This will take months to form up. For the record, I will lay out exactly where I bought. I bought at 10 cents, 11 cents, 12 cents, and .127. I...
BTC broke out of our last bull flag and pushed up by roughly $300 give or take. It hasn't pulled back nearly as much as LTC and some of the others. This is a great sign of strength. This strength is especially identified because the weekly MACD has remained sloping upwards for some time and the lines have widened showing more upside pressure, once the weekly macd...