caytonmcdonald

caytonmcdonald

Dont trade based on what anyone else thinks. Also, go read "trading in the zone" to keep you occupied during this very boring market movement we have had lately. Trust me, you dont want to chase after these small runs because more than likely you will get burned. Now lets get into it, We have seen a slight pullback after resting on the 6500 level for several...

caytonmcdonald

First off, don't trade based on anyone else's opinions of a market. Its your money, be responsible with it. As you can see I have left the red rectangle in the place where I said reversal was likely. Well, it hit it and then immediately fell to continue the bear trend. You can see we are stuck in a nasty bear channel and until this breaks out of this or until...

caytonmcdonald Updated 

First... Don't use my ideas to set your own buys/sells, do the research and learn charting and find what makes you comfortable. Don't trust anyone else's charts with your own money. That would be ignorant of you. But I will gladly show you what my ideas are and we can debate them in the comments. Lets take a look. As we can see the market has had a slight...

caytonmcdonald Updated 

Very bullish looking flag for XVG. Support is strong at the 1050-1070 level. Should continue to bounce around this area for a little while before taking off to probably 1160-1230 range and pull back slightly before making a bigger move towards previous resistance. If it takes a little longer to move through resistance I believe it will still push through but just...

caytonmcdonald

Same trend has been happening the last several weeks... if it continues we should see an attempt at 5200 again in 4-5 days and then if it breaks through another target at 7200 right before the end of the month assuming bitcoin does not ruin its run up. Let me know what else you guys see