aydngur

aydngur

Yesterday we saw daily 8 EMA worked as support for #Bitcoin BITFINEX:BTCUSD . That's usually sign of a strong trend. After our first buy signal we made 15% profit . Everything's going smoothly so far and until I see a daily close below 11875 I'll keep my position. Let the profits flow! :) DISCLAIMER : Please note that my trading approach is trend...

aydngur

In 8 days since we gave our fresh short signal, ZEC BITFINEX:ZECBTC dropped like a brick and we have 16% profit so far. Considering its distance from daily EMAs I believe we'll see some consolidation and maybe even a short counter-trend rally. Unless it closes above 0.0057 sats I'll assume we're still in downtrend. Let the profits flow! DISCLAIMER :...

aydngur

I'm happy to see my signal on October 13th resulted positively and we already made 10% with our #Bitcoin BITFINEX:BTCUSD trade. That said, this trend looks more promising than it did 10 days ago. Huge channel that started on May 2020 is now broken upwards and that suggests a move to 14500 is on the table now. Supports that we should closely watch: ...

aydngur

Okex incident of the last week turned out to be a decent buying opportunity for Bitcoin BITFINEX:BTCUSD . Price went back to levels we've seen just before it. Channel structure still holds and an upwards movement is more likely than downwards. We also see a minor Bullish Flag breaking up and that's positive. There are multiple strong supports below us: ...

aydngur

Bitcoin BITFINEX:BTCUSD still shows strength and consolidation at 11325-11635 range is getting close to complete. 8 EMA works as support reliably. Diagonal channel defines the boundary of price movement. Unless we see a daily close below 11145 we can expect a strong jump. Resistances to watch carefully: 11975 12545 DISCLAIMER : Please note that...

aydngur

Zcash BITFINEX:ZECBTC couldn't break long term resistance (thick red line) . Key support @0.00611 is broken and it possibly started a new downtrend. Considering it sits right at 200EMA we can see a reaction but it's not for sure. Going below 21 EMA will be a stronger sign of downtrend. Unless it goes above @0.00611 again I'll be shorting it. Significant...

aydngur

Monero BITFINEX:XMRBTC started its current bull trend against #Bitcoin early September 2020 and it still looks very strong. I'm a firm believer of entering a trade only with fresh signals and just accepting missing one when it's already followed its course. So I don't recommend an entry at this point. But those who have bet their money earlier should...

aydngur

After breaking both critical resistance @11185 and the parallel channel that comes from late April 2020, #Bitcoin is again on the run. As a trend follower I don't have a specific price target. I just have a soft stop point @11185. If we close below that, I'll consider this rally is over. On the other hand, we can expect at least a $1000 move. Let's see...

aydngur Updated 

After holding the long term trend line, Monero BITFINEX:XMRBTC managed to show some strength. This move is a Long signal for me. On the positive side we have the fact that it tested 0.015 BTC resistance after the breakout and made it a support . On the negative side, we are in a bear market , we have strong resistances ahead and we have to be...

aydngur Updated 

After holding historical support at 7170 satoshi BITFINEX:IOTBTC showed strength yesterday and that is a Long signal for me. I'll take my chances. Let's not forget that we are in a Bear market and we have strong resistances to overcome. Here they are: 0.000010700 0.000012000 0.000012700 As usual, we have to stay humble. We can be wrong. So my...

aydngur Updated 

Even though we are near a significant support ETC shows a strong downtrend energy and I believe we can take some risk to harness it. So let's Short ETC . We can watch these levels for a reversal: 0.00185 0.001325 But I suggest you to follow the trend and see where it goes before its energy exhausts. And as usual, let's be humble and admit that...

aydngur Updated 

As of today, Ethereum POLONIEX:ETHBTC made a full retracement of its last rally and is headed to lower levels. Even though there are important supports along the way, 0.05 BTC looks like the last line of defense. After that a liquidity crisis may occur. There are still teams that haven't sold ICO revenues yet. To protect their reserves they may start a...

aydngur Updated 

DISCLAIMER: Please note that my trading approach is trend following . I try not to make predictions. When I see momentum developing to a direction I try to be one of the earliest participants. And when I see that momentum fades away, again I try to exit as soon as possible. I don't try to catch the bottom or the top. I don't try to be right, I try to be agile...

aydngur Updated 

Momentum of the uptrend officially died yesterday and Bitshares is ripe for a profitable short. The next major resistance is at 1440 sat and considering today's price of 2500 sat , reward opportunity is desirable. As a trend follower I don't determine a price target. It can go even lower than 1440. Let's see how the trend goes to get a clear exit...

aydngur Updated 

Price action shoes that #Bitcoin failed its last rally and started a down course. It's time to open a short position now to minimize our risk. The first major support I can see is at 6791.2 . Let's watch that level carefully. It can be a point of reversal. But as a #trend follower I always flow with the current direction of the #market. My initial Stop...

aydngur Updated 

Major alts have been showing strength for the last couple of days and Ripple POLONIEX:XRPBTC is the first one that gave a Buy / Long signal since mid June. We're still in a bear market and don't get your hopes too high for this move. But we can open a position with low risk. We have 3 major resistances ahead: 7000 8300 9000 Let's watch these...

aydngur

After Coinbase related rally, STR resumes its down course and we got a Short signal today. It didn't have a huge breakout, so I believe we can just use the market price to open our positions. As of now it's at 3625 satoshi . We have 3 important support levels ahead: 3251 2955 2655 When one of the above is broken the next will be a short term...

aydngur

These low liquidity coins on Poloniex have a different world of their own. They're not perfectly correlated to other cryptoassets and they should be analysed independently. That said, we have a clear short signal for MAID. What's our price target? Well I'm a trend follower and I like to follow the market until a closing signal comes or Stop Loss is hit. But...