coinselor

coinselor

AppCoins has been trying to break above that significant S/R level for a while. I will be looking to enter a position with either a new high above targeted price or, alternatively, a daily close above the red line. Technically, this chart is very simple to read. I really like trades that jump out to me as soon as I open a price chart. Usually, the breakout price...

coinselor

Waiting for price to reach the dotted line level before considering a position. Once level is reached, I will analyze the trade setups available according to market volatility, trading volume, smaller time frame price action, etc... Remember, even if a favorable trade setup is shown, I might not take the trade depending on overall portfolio exposure to...

coinselor

This is a Mean Reversion trade idea. It is a rather rare trade for me, as I don't like holding mean reversion trades for long periods of time. As always, the idea is to buy low and sell at a higher price, close to the mean or fair price. In this longer term trade, target is a major S/R level for Bitcoin Cash. I will manage this trade accordingly and probably...

coinselor

After breaking out from a trading range, XRP retraced and found strong support. Yesterday it made a new 57 days high. I like buying strength and selling weakness when trend following, but since I missed my entry yesterday, and both weekly and daily momentum are still strong, an entry here is still in order. Again, using current volatility (in the form of 1x Daily...

coinselor

While my macro view of BTC remains bull, my short term view is very much bearish. I am still holding my short hedge position from 10.3K. Momentum on a weekly basis is still showing selling pressure. Thus, I'd like to trade to the down side. Since BTC seems to be consolidating/breathing before continuing downwards, I'm expecting price to reach the red box. A mean...

coinselor

This is by far one of the cleanest trading ranges in all the alts I've seen. I am eagerly awaiting for the breakout of this range. ATR is an all time low, making a trade setup particularly enticing.

coinselor

XRP is clearly leading the rally experienced by most alts. It is rapidly approaching the significant level I've been talking about for pretty much every other alt. Once we get to that level, I'll be looking at price action for a long setup that makes sense. It is very interesting when you have a bunch of alts showing similar price action and set ups, as it allows...

coinselor

Like many other alts, NEO is still consolidating in a trading range while finding strong support near the bottom of the range. However, NEO is still very much close to the bottom and I am not a big fan of lagging assets. I would like to see NEO pick up the pace and catch up to leading alts before considering a position. On the bright side, volatility is also...

coinselor

After a double bottom, buyers are showing massive interest with a 40% impulse move on 10x the average volume. The second up leg has already started and is showing support at the previous range high. Waiting for price to reclaim the grey line and show a good set up.

coinselor

Accumulation Phase Crypto Bull Market Sideways Market Momentum/Price Divergence Volume & Volatility Spikes 60+ Days and Counting...

coinselor

As expected, descending triangle broke to the downside. Classical chart patterns suggest that the correction should at least match the maximum height of the triangle. Confluence with some of my S/R levels. Holding my short until Momentum starts to slow down. Remember weekly candle closes today. Stay vigilant.

coinselor

Original idea posted Aug 7 -> Volatility starting to increase... tik, tok. BTC seems to enjoy classical chart patterns :)

coinselor

Simplicity is the ultimate sophistication.

coinselor

Ascending Triangle. UP. Descending Triangle. Down. You are welcome.

coinselor

After bouncing off a previous swing high level now acting as support, ETHBTC has caught a nice break. The only bullish scenario I can see is a very bullish end of July (staying above weekly doji line) followed by a very bullish August that closes above that resistance line. If these two (unlikely imho) scenarios occur, I will be looking to swing trade ETHBTC and...

coinselor

ETHUSD has been kind of wild lately. However, if we zoom out, the macro view for ETHUSD is extremely bullish. It has been forming an ascending triangle on the weekly chart for almost a year. Remember, the longer it takes for a technical drawing to form, the more severe will the reaction to it be. Notice the volume has been drying up, classic behavior of such a...

coinselor

The original idea from a previous post is still holding up, decided to redraw the chart for clarity. Price clearly reacting to previous swing highs now acting as support when gained to the upside and resistance when lost to the downside. I expect BTC's correction to be proportionate to how long it takes to break down from 9k. The longer we stay above it, the more...

coinselor

After a big rejection from higher time frames resistance levels at $14k, BTC had a -20% day that found a bottom around $10.3k. Subsequent rise to $12.4k started to form a classic descending triangle that can also be seens as a Head & Shoulders pattern. In any case, both structures show clear technical weakness. A breakout with volume below 10.3k confirms the...