while monero went berzerk few sessions back, at least it behaved ! This one is on my top list to buy the pullback, far before BTCUSD or ETHUSD. If we get the pullback now, the setup will be perfect with a corrective 3 waves to the downside. Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full...
Following the previous idea on btcusd and also referring to an "educative" video on ethusd when it comes to understand my charts. bitcoin is pushing higher as expected, but what if it continues to go higher? If you ask this question, this is because 1. you are not in a trade and eager to be part of the action by either jumping in at current level to the long side...
ZRXBTC 1H EUROPE UPDATE ZRXBTC traded higher during Asia session taking out the high as of my last update. In 15min we reached equal leg and there is a reaction. I need to need a break below 10,907 in coming bars to have the count alive. I would not recommend to sell here but to get ready for longs lower, even though I am not a big fan of buying FLAT, also...
The cycle from 19,234 high has been called ended at 4,922 low. The sequence to the upside suggests end of the cycle at 18/04/2018 high. And while we have a marginal new high with RSI divergence, I cannot see the move from the low as a motive wave (even leading diagonal) so I have to go with the FLAT until I'm proven wrong (I really do not like to do that but dip...
In this short video, I explain how to read a chart and anticipate the next move. For that, you need to understand that my charts are giving levels where cycles are mature and where it can turn (does not mean that it will turn as I am not doing the market - unfortunately but even then that would not be fun ;-)). So, here I do not propose a trade setup or even a...
Ahh ahh! I know I keep pushing the count to the upside. But shouldn't you happy about that? Oh, are you selling when a chart indicated a straight line down? Let me explain: A chart is to a trader what the co-pilot is to a pilot in rally car race. A chart is a map that you (trader) needs to adapt (it is raining on the track today, are we managing the time because...
bitcoin has been very kind to me last week. Actually it has been good since the beginning of the year (I'm only buying and I'm up in actual capital, not counting open positions) Now I'm out of any trade in 1h (we are looking at 1h chart, so who can be in a trade still?), so what's next? Pretty exciting level here with 9,188.00 flashing in front of our eyes! So if...
I might be totally wrong here and I would not trade the chart here, but as said earlier, I cannot see 5 waves from the top, so need to call a FLAT from 21/04/2018. Either it is purple 4 or blue 2, I expect a 5 waves down from current levels (depth will resolve purple 4 or blue 2). This means that it will be difficult to buy lower as FLAT can extend as much as they...
A cycle ended at 19,234 high on 27/01/2018 and since then we have seen a double correction ending exactly at equal leg area 4,765 where it bounced. So far, the outlook in daily is neutral but we have a motive 5 waves from 1,356 low which indicated that we will see another one. Assumption is 1,356 low was starting a new cycle. I was long from 20/03/2018 in lower...
Ok, from 358.40 ethereum rallied to 620 in 3 weeks and i did not buy the dip. But I showed the turn on the map. Sure, but back then, configuration was not proposing any setup. So i'm long in daily but not in lower time frame. Would you be mad? Me, absolutely not! Otherwise, I would probably start selling ETHUSD! Are you selling? Hmm.. In 4h nothing much to do...
Every week, for one particular altcoin, in addition to the charts that I upload on TradingView, I will put the comments and trade setup for different time frames: - Daily on Sunday, - 4h once a day during Asia session and - 1h twice a day in Asia (post US) and Europe sessions. This week 15/04/2018-21/04/2018, I propose XMRUSD XMRUSD 4H UPDATE - 20/04/2018...
It has been some time since last 4h chart posted here. We have some catch up to do. 9,188.00 double top or (possible) future neckline, maybe a cup? What is your take? Me? hmmm... My mind is set and the plan already laid. Do you have a plan? Disclaimer : This content is provided for educational purposes only. The Trader's Corner is not registered as an...
This week, no full comment as another altcoin has been chosen. Anyhow, last week daily chart proposed a path, let see if we have the pullback and then you know what to do if you have followed. Right? I am pretty excited to the perspective of this new week! Disclaimer : This content is provided for educational purposes only. The Trader's Corner is not registered...
Did i buy 358.40? No. I bought at 581.61 and did buy since we broke down the February low. When will I buy daily again? Not before long I guess. Should you buy now in daily? I hope not for you! Then what? Then look at lower time frame. Don't have the time? Then don't trade but invest. Disclaimer : This content is provided for educational purposes only. The...
Yes, I'm long in daily from 8,750.00 and 6,750.00 and yes, I will let this one run for years until it reaches its targets. Even if we see an acceleration like in past years to reach over 100k, still some progress to reach at least 11,780.00 and then 19,666.00. Then we can talk. And that trade will not pay the monthly bill and feed my family. Disclaimer : This...
Monero weekly. Would you buy now or lower, higher? Or should we agree we will a break of 529.58?
Based on the chart only (no partisan or bias opinion), would you buy ETH or BTC against USD? Solution must be lying in ETHBTC I guess.
BTCUSD 91k, 250k, 1mil, 0.00 ? Let me propose another one: 58,495.08 ! No, really, maybe we will see those numbers and great respect to those who tell them on social media! But I don't really care. Do you? In my humble opinion, market is making the price, so let's have a look at the price and see the levels on the chart. Am I selling my house to buy bitcoin at...