This is a weak breakout on bitcoin. Still has a bit of work to do yet.
This was a perfect example of an exit on my trading method.
Litecoin gave a low probability breakout. Still early days yet. This is typical at a bottom. Price is finding resistance at the 100 day MA and volume is still relatively low.
Walton is showing a setup but low probability. I do like this story. Well worth following.
Bitcoin is lacking momentum at the moment. Cant possibly say what it will do from here with any confidence. The google trend search for how to buy bitcoin is at a 12 mth low, which means that the average person is still sleeping and will not wake up until the rally is well under way like they did last time.
I only started following Binance this year. It's slow and steady on the daily. Will be an interesting story to follow. Not trading it yet but on watch.
Cardano has a low probability entry. Can not look like much at the beginning and turn out to be quite nice.
Iota has had a nice little rally here. I can take these on the smaller time frames. I just take smaller size and add if the breakout turns out to be more sustainable.
Stratis is quite a good one. I overlooked this one last year due to some issues that I had with the fundamentals. This will be an interesting story to follow but I have better in other coins.
Veritaseum is putting in a swing low with good support. Got an alert set. See how it goes at that point.
Lisk didn't look like much last year and then really got going. Looks a similar story this year. Lets see.
I have power ledger on alert. I really like this one. Early days for the long term holders but great for shorter term traders like me.
Monero is doing as it should by giving a strong retracement mean reversion. This will be nice when it puts in a swing low.
I have an alert on NEO. If the alert is triggered I will assess accordingly.
My Tron got stopped out on the 2hr but momentum is still quite strong on the 4hr/daily. See what it does here. Most likely get some consolidation.
EOS is putting in a retracement as are quite a few other crypto. This is necessary for the longer term sustainability. I would like to see some of these come back below the 100 MA which is the black line. I am going to do the occasional update to see how things play out over the next week or so. I don't think there are enough people interested in what I am...
There are a few low probability trades at the moment this one and also lumen, lisk, bitshares, neo etc but I wont be starting my challenge on these. I would rather wait for the next cycle to start. I will take these trades when I get going on the challenge, just in smaller size....