KUCOIN:UBXETH is Neutral-Bearish. Down over 90% from ATH, massive falling wedge formed with increasing RSI momentum. Solid area to buy, might not take off right away.
- 50% position @ horizontal/trendline support
- 50% position @ breakout/retest of upper trendline
- Can play the bounce up to next area of horizontal or trendline...
BINANCE:CVCUSD is short term Bearish. Bullish divergence formed on RSI. Confirmation of move at 50 RSI break.
- 50% position @ RSI 50 breakout/retest
- 50% position @ horizontal support or trendline support
Not financial advice. DYOR
BITSTAMP:XRPUSD is finding support currently at the triangle pattern bottom support.
Long play idea:
- 20% position @ lower horizontal support
- 30% position @ lower trendline support
- 50% position @ breakout and retest of upper trendline
BINANCE:ROSEUSD is Bullish. Upward channel with decreasing RSI momentum can be used as a sell signal.
For those wanting to buy:
- 20% position size @ horizontal support below
- 30% position size @ trendline support below
- 50% position size @ breakout and retest of ATH (dotted line)
Time to sell if:
- Failure to break above ATH
- Full candle close below...
BINANCE:ICPUSD is Bullish. After retracing 90% this is an investor's dream bottom play. Play the support/resistance lines as it works its way back up or hold long.
- 50% Position Buy @ Support
- 50% Position Buy @ Trendline Breakout
This is one of those plays that may not go right away. Low risk buy if willing to hold. Opportunities to play the range for traders.
BINANCE:BTCUSD idea for expected BTC path from Jan into Feb. Expecting the following:
Yellow path = Bounces soon then retraces once more to 39k
Purple path = Sweep lows sooner with move up in late Jan
CRYPTOCAP:TOTAL is Bearish
Let's say you have $1000 to invest:
Invest $200 at next horizontal support
Invest $300 when full candle close above downtrend line
Invest $500 when Engineering Robo turns Bullish (2 buy signals)
BINANCE:ENJUSD broke down out of a triangle formation and is currently bearish.
What to watch for:
Buy if ENJ touches the Buy Zone at the $.84 or $.72 support zones OR multiple buy signals
As we move bullish again; Sell if multiple sell signals OR begin laddering sells at $2.00 resistance zone
BINANCE:OXTUSD is now bullish. Multiple buy signals and break over trendline.
Steps to take:
Buy if full candle open/close above .35 current resistance area
Sell if multiple sell signals OR rejection at resistance area
BINANCE:WINGUSD is bullish, as it broke above the $16 resistance and blue downtrend line.
If you want to buy, look for a possible retrace to the $16 area to test support
Sell if multiple sell signals
Next resistance areas listed. You can ladder and take profits on the way up or hold long until we reach previous pivot high
BINANCE:MANAUSD is bullish. We have multiple buy signals and a break over the downtrend line
Steps to take:
If you haven't bought yet, you can buy if full candle open/close above .88 resistance area
Sell if multiple sell signals OR rejection at resistance areas