About meFYI, I am not a pro! I started trading Nov 2017, it's been a wild ride but I'm just trying to learn and get better every day.
For anyone who wants to follow my less nerdy adventures you can follow my insta:
I pull json files off of coinmarketcap.com to track volume. If my records are correct DST was sitting outside of the top 200 and yet peaked at 13th on volume for the day. That's a massive, massive outlier (in fact I don't think I've ever seen such a discrepancy rank so high on daily volume). Unfortunately I missed a similar spike not too long ago, but at least...
Liking what I'm seeing on the BTC weekly graph. That said I'd like to break $9,100 resistance and there's never any guarantees.
RSI looking a bit overbought on daily, but MAC D and RSI looking decent on the weekly graph. I believe most meaningful horizontal trend lines have now been broken (hard to see on weekly graph).
Interesting days ahead.
Keep in mind my last few have been stinkers (in my defense it hasn't been an easy market to pick winners). So follow at own risk.
Purely a TA call here. Keep in mind palm beach had this pumping before, so it may have been well overvalued. I would suggest a trailing stop. I haven't looked at anything further in than 4hr graph either.
Only worry is volume is...
I track volume vs market cap rank. Currently MTL is ranked 170 but has 45th highest volume. I'm seeing potentially some monster accumulation here (has been happening on and off for a few weeks). First time I noticed it was out of HITbtc (Korea) today is on Binance. This is possibly driven by BITTREX accumulating ready to relist (as has been rumored). If not I'm...
BTC looking primed for a run, if you have some spare fiat this might be worth a shot. While market is going up this might go up even faster.
200EMA has held on recent downtrend, if it continues to hold we should be looking at a daily macd cross. I like low historical price and RSI too.
Could be a little risky, run with a 5-10% stop if needed.
Nothing special here, I have approx 90% discount on recent high. RSI, Stoch RSI, MACD buy signals. With BTC looking primed for a run, this one is worth a try.
Buy now while cheap and wait for next news/pump.
Broken main channel (see yellow trend lines), holding in lower channel of flag formation (see between green and yellow). ADX is picking up, but unfortunately DI is showing more sell side action anyway. So we need ADX to trend up and DI cross for me to be bullish.
To be honest I'm not sure I'm liking what is happening with the market at the moment. There was the...
I called this out early DEC on my twitter but Trading View had no Binance graphs back then.
In one sense it's already gone so far but I really do like VEN. If you check out google trend reports it hasn't really even hit public knowledge yet, so I believe it could still explode. It has official partnerships across the automotive and public sectors. Ever since...
So I'm no pro and I normally make money on alts, but since it's the fashionable thing to do, lets have a look at BTC. Firstly fibs are there but I see no corrolation on either set. So lets rule that out.
Secondly I simply see a flagging pattern. ADX and DI readings are low enough I'm ignoring DI for now. ADX confirms ranging.
One thing I see as meaningful is 50...
Price action already holding above 25day EMA (multiple touches) and is now about to have macd cross, looks very bullish. ADX picking up, directional DI looks good.
A few people who know more about fundamentals than me are high on this project for 2018. I believe it to be advertised index funds (from individuals) than you can then buy into. In a space like crypto...
Sorry I've been busy team as per twitter, been creating an alt tracking spreadsheet.
Don't know too much about this coin so keep stop close, suggest 4500-4600ish range. MacD, RSI, storch RSI overlay and even ADX all looking good for a rebound.
Only thing to be wary of is relatively low volume.
Same as ICN, trending up, still sub 10% ath vs sats.
Worth a small play.
For this one I'll be looking at a 1 to 1 return and then let the rest run and reinvest the initial. I need to do my fundermentals, if I like what I see I'll let it run further.
Sub 10% ath, trending up, downward trendline broken. Imprending 25/50EMA daily cross.
Honestly I need to do my fundermentals into this one, I haven't had time but at this price I'll give it a small part of my portfolio.
Ok so this is an interesting one. Been around since 2014, hit ath in Jan 2017.
Currently at 2.4% of ath. Dev team still working, changes happening. Worth a shot imho.
Only a very small play, currently ranked 385 in crypto land (like honestly I think I put 100 bux on it).
From a technical perspective 21day looking to cross 50day SMA.
Nothing technical here, it's 3% of ath (unfortunately I only checked the data today). Putting it at lowest percentage of ath of any coin in the top 100 atm.
So daily macd might be about to cross. I'm still not fussed really. I'm averaging in now. 50% now, 50% in 2 days time (if that).
Simply put this project is still moving forward. It's a good project and can...
VTC has no momentum, so you might want to watchlist only. Also the volume is simply not there, but it's worth watching. Long term lower level fibs, seems reasonable.
I'll be watching to see if it holds above horizontal price action (yellow broken line) as well as if it can stay above the 100 day SMA. Looks like we could have potential for a pennant? Look to take...
Ok team I've made a bad call which means back to the drawing board for better indicators. So now my graph looks like a 80ies disco xmas tree. It's uncesssisary if you're talented, but being a newb I like the foolproof approach.
RSI is in the 'normal' zone for most stocks (50), historically that means massively unbought for BTC. Also see divergence on daily macd,...
I'm not shorting EOS (though you can on Bitfinex or Polenix if you want too). It's still holding upwards momentum for now. Also stopping just under a fib level doesn't seem great.
Just suggesting if anyone has a share in it, maybe take a look. MacD does not look healthy. It's had a decent run, maybe time for a small retracement. Seeing how far it goes back will...