Trader_AlexK

Trader_AlexK

Short term trading setup for a short position. Confirm support / resistance level Rising wedge pattern Volume decline and RSI bearish reversal divergence. Setup the trading EP/ SL considering a case of when it does not break out the support level and bounce back up. Look at the range of each EP, TP and SL. EP - green SL - red TP - skyblue.

Trader_AlexK Updated 

TA Trading setup

Trader_AlexK

As we all know by now, there are very close to no points or reasons we should look at Bitfinex's chart. The chart is broken! Remember Bitfinex going nuts about two weeks ago? It scared a lot of us, because not only it was nuts but also that now we have to decide which chart to look at. Because they all tell the different stories now! Anyways, what can we do...

Trader_AlexK

Hi, this is NEXGEN Investment. Since the 15th tether issue, the BTC is still undergoing adjustments. At this time, the price difference between Bitfinex and Bitmex charts is about $ 1000. Currently, there is a difference of about $ 142.3 with the Bitmex $ 6389.5 and the Bitfinex $ 6531.8. The price difference between these two exchanges is continuously...

Trader_AlexK

An asymmetric triangle is shown with a decrease of volume. The bullish trend line has been supported three times. As CVC price is at the edge of the asymmetric triangle pattern, it could be a time to go bullish. Losing the resistance level would be a sign for SL. Trading Setup Green - EP SkyBlue - TP Red - SL Public Telegram Ch

Trader_AlexK

1Hour Chart. BTC is forming Descending Broadening Wedge pattern. The characteristics of the pattern are increased volume and decline of both resistance line and support line. BTC has the breakout the resistance line with volume and could set the TP to $ 6650.

Trader_AlexK

BTG in both USD and BTC market forming the asymmetric triangle pattern. BTG bullish trend line had been supported for Five times on both BTC and USD market. This could be a great time to bet for taking profit. Also, there was an accumulated moment on BTG. Trading Setup Green - EP SkyBlue - TP Red - SL

Trader_AlexK

HI, this is NEXGEN Investment. BTC is experiencing a price adjustment after the Tether issue on Bitfinex exchange. Now BTC is forming specific patterns. The patterns are Falling wedge and bullish pen nant. Completion of both patterns is bullish movement. Trading volume is an essential factor in both patterns. The Trading volume must be decreasing as the...

Trader_AlexK Updated 

Left GNTBTC and right GNTUSD From Binance and Bittrex. Green - EP SkyBlue - TP Red - SL Both BTC market and USD market GNT's LHs are rising its price. Tails of highs are constant which is showing that GNT has been accumulated. Possible dip to the second EP and shoot for the TP 1 and TP 2.

Trader_AlexK

observed bullish gartley . may the bulls be with you.

Trader_AlexK

Green - EP SkyBlue - TP Red - SL The chart is a bit busy for a beginner but reads well for experienced traders. Hope my TA helps.

Trader_AlexK

Recently there was an abnormal movement in Bitfinex's BTCUSD chart. Almost touched $ 7,800. CRAZYY, eh? Here are things to ignore and things to remember for your trading setups. We could probably forget about the Bitfinex's MOONING candles, at least its wicks. Why???? If we could have spotted similar movements in other charts such as XBTUSD or BTCJPY, it...

Trader_AlexK Updated 

Ripple recently has broken above the yellow long-term trendline and retested. It would have been a nice place to enter long when it was retested around $0.37. For those who entered long, I would hold it more until it reaches the green trendline which I have determined as TP1. If it breaks below, I would either close my position and re-enter at EP2 (around...

Trader_AlexK

Hi, this is NEXGEN Investment. Today I want to share a negative perspective of the BTC. There is a rebound after a huge drop from $ 6600. It is a slight climb as the continuation of the $ 6350 resistance line breaks. Trading volume is declining. I can guess that 'the trading volume will be low on the weekend,' but the price is rising as opposed to the...

Trader_AlexK

Bitcoin had a strong fall, but it can be seen as converging. according to the convergence pattern There are two different buying strategies. 1strategy Anticipating a double bottom pattern and receive a purchase from Converging bottom entry price 6020~6050 stop loss 5980 2strategy It is to get a purchase from the Pull Back position after passing through...

Trader_AlexK

Here is BCHUSD 1D. You could see the BCH price resistance from 50 EMA (orange line) since June. Couldn't break over the 50 EMA nor turned into support line. It was a recent major resistance line as well. $ 531 would be the major resistance level. By looking at BCH in a bigger frame. It is forming a Falling Wedge pattern. Currently, BCH is close to...

Trader_AlexK

Here is ETHUSD 4H. I would consider current region to be quite risky to enter any position until more sub-wave structure gets formed. ETH recently had broken the yellow triangle below and bounced around 0.786 retracement level. If we see some uptrend move to retest the bottom of the triangle, it might be a adequate place to enter short. Moreover, there is a blue...

Trader_AlexK Updated 

Observed symmetric triangle in progress. Current price drop could be supported at the previous long-term bearish trend line along with the support zone where 50, 100, 200 EMAs are. However, found a clue from broken RSI channel which could mean EMAs I suggested above could be broken any time soon. Seems like it is more likely to find support at the short-term...