I went short on NEO at 45.5, It will probably drop some more before going up again. Almost every coin does that after a pump, only exeption now is IOTA. So a low risk trade
Stop is todays high, target is 43 but probably even 40 at least
I am currently flat on Bitcoin, it is to tricky now. The buying power seems out at the moment with a failed atempt for a new high. I am waiting for it to break out of this channel. Under the 7600 i will probably go short after a closed candel below this level. And the same on the upside a close above the 8000/8050. It looks like a consilidation to me, so chances...
I think BCH will go down some more, this is short term only, it has a strong support around 1000, but this wil probably break to and it will drop to about 900.
After it has dropped some more it will make another impulse wave up, how far that one will go, i have no idea :)
Stop at 1260
Nice opportunity to go short on BCH. IT fell out of this pattern, made the pullback to 1250/1300 and got sold again. When it broke down the volume also increased again.
I am short at 1250 now, with a stop at 1350
Ripple is showing some bullish patterns the last few days. It broke out as you can see in this chart. It is finding support now while consolidating.
What is dissapointing, Ripple seems not be as popular as some other Coins who made some big jumps the last couple of days.
It has some great support here, so a perfect time to buy with low risk.
Seems like Bitcoin has made a double bottem around 7000/7050. If it gets above 7220/7250. It will go to 7400. That would be a perfect moment to go short!! If it wont get above the 7220 soon, this will all be a nothing more than a correction and it should drop way under the 7000
I saw some buying power with the bitcoin future at the bottem of that channel and when...
Its looking quite good and strong now, after taking profit perfectly on the high point earlier today on 1.16, i said to wait for a correction to get in again cheaper. for the ones who did, we just have to wait for a breakout as you can see in this chart. Volume is increasing so that gives confidence.
Target is 1,40
Stop at 1.04
With high volume Bitcoin broke out and made a spike up towards the resistence zone 7350. I think it will fall back to around 7200, this will be a good buy opportunity. Because it is almost certain the short term low is set around 6950.
Trading the Bitcoin is quite risky lately, but still it offers nice opportunities if youhave patience.
I will go long if it drops to the support line again, or if it breaks out, but then i will wait untill it goes above the 7150.