About meFull-time crypto trader
I post some of my ideas here. Give me a follow and feel free to message me, always open to new ideas and differing opinions
Full-time crypto trader... I post some of my ideas here. Give me a follow and feel free to message me, always open to new ideas and differing opinions__________Trade Stats on Published Ideas____Win %= 86%____ Wtd. Avg P/L %= 7.81%
I think Ethereum is ready to buck this recent downtrend on the basis of a reverse head and shoulders. We've been trading sideways for a while in a compressing pattern and until we make a confident break of this sideways action, you have to expect that we will oscillate. In addition to approaching the recent local bottom of 2280ish, this looks like a perfect...
I believe cryptos are about to BOUNCE, driven by BTC bouncing off the lower trendline for a ≥11% move.
Bitcoin just completed a H&S that took us from $41k to $33.5k and is at a crucial decision point for the next big move. What gives me confidence is that ETH is forming a reverse H&S that goes back to the initial crash on May 19. We’re sitting just above the...
Usually I don't make short term price predictions but I am fairly confident in this one. ETH has just about completed a reverse head and shoulders using 15 minute candles. We bounced strongly off the 0.618 fib line and it looks like we at least want to push to the previous high. If we can break the previous high, we have daylight
Wait for a clean break of the...
I believe ADA/BTC looks extremely attractive right now. I recently posted about ADA/ETH and while it is up slightly, ETH is way too bullish right now for Cardano to make a strong relative move.
In our first bull move (#1), we appreciated 33% and retraced to the 0.5 line.
Bull move #2: 19% appreciation, retrace to the 0.382 line.
Bull move #3: 11% appreciation
It is altcoin season and XRP is yet to really take off like we've seen from other altcoins. I'm expecting a huge move from XRP as traders move profit from their big winners to some of the laggards like XRP. I forecast a move at least near previous highs and likely rocketing above $2.00 (this of course assumes BTC is at least flat, if BTC crashes, so too will XRP)....
BCH/BTC forming a cup and handle. I'm expecting a bit more consolidation around these levels and then some green candles on increasing volumes to push to 0.0184. We might pause around there, but I'm looking for continuation to the previous high around 0.0196.
- Sultan of Chart
BTC making a rounding top amid a bullish trend. If we hold above the $53,500-53,700 range, BTC should bounce on increasing volume and start a new uptrend to $57k.
If we fail to hold the dashed white line, things could get ugly.
- Sultan of Chart