davec83

davec83

A friend pointed out this chart and my take is that the current cycle that seems to be ending is a smaller fractal of the one that peaked in Jun 2017. I believe LBC is heading into an accumulation zone that may last up to 3 months before going bullish again. Entry: 1500-2300 TP1: 4000 TP2: 5000 TP3: 8000 If 8500 sats is crossed sharply with enough volume and...

davec83

Cycles can be somewhat predictable and I will only be trading this if it makes sense at the time. I do see a potential cycle similar to that of early 2015. If it plays that way and the trend agrees, I will be shorting from aprox ~60 to maybe mid to low 20s, and go long once the trend reverses. I will not hodl, it will buy with the trend. This is just for...

davec83 Updated 

Well, just like everybody else sees stuff before it plays out, I'm going to imagine a beautiful bitcoin flag formation with a breakout :D - Without volume bitcoin is not going to breakout right now.

davec83 Updated 

Keep an eye on the lower line of the flag, STR should break below it and continue on the downtrend.

davec83 Updated 

Bittrex is delising this coin on March 9th, I think Maid can be a profitable trade. This is also traded on Poloniex. I'll update this once we get some sort of trend reversal confirmation. Entry: 3000-3800 TP1: 7900 TP2: 13000

davec83

NXS is still in a downtrend, but a new bullish cycle could come within a couple of months. We are nearing a consolidation zone, and I will be laddering in from 14,000 to 10,000. Entry: 10,000-14,000 TP1: 24,500 TP2: 37,500 TP3: 64,300 TP4: 79,000+

davec83 Updated 

VeChain is done correcting and it seems to be respecting support well. Be mindful of the support trend line, if it's crossed downward strongly, then this idea failed. TP1: 0.000815 TP2: 0.001290

davec83 Updated 

It seems like Vib might have hit a trend reversal point. It bounced off strong support, we have several bullish reasons to believe the trend has reversed: - Bounced off support - Increased in volume - Fast EMA crossing slower EMAs - Ascending triangle formation - Awesome oscillator agrees Vib might continue to move inside the contracting triangle nearing towards...

davec83 Updated 

SALT is sitting on the support trend-line, the next few days should give us a clue to where this coin is going. I will likely enter this trade if we cross above the 9&20 EMAs. Please use your own judgment when trading.

davec83 Updated 

It looks like bitcoin was unable to break strong resistance and what we are seeing is a clear "shooting star" reversal pattern. The chart is pretty clear and speaks for itself. BEARISH SCENARIO (70-80% chance): ============================== This is the most probable scenario in my opinion. The fact that btc failed to break resistance PLUS the reversal pattern...

davec83 Updated 

TRIG bounced off support, chart is pretty clear. This is just how I interpret the chart, please use your own judgment when trading real money. Entry: ~19,000 TP1: 22,720 TP2: 24,800

davec83 Updated 

Looks like a good setup for some profits. Entry: 0.00457 Target: 0.00603 (31%)

davec83 Updated 

Lisk is in a pretty clear price channel, which it has followed regardless of BTC. That's a good indicator of Lisk's strength. Trade idea: Entry: 0.00250-0.00255 SL: 0.00239 TP: 0.00370-0.00375

davec83 Updated 

Not much else to say chart and indicators speak for themselves. This would be invalid if BTC takes a strong dip.

davec83

Sia seems to have made a breakeout in a similar way to XVG. EMA's are converging and we should see EMA 9 crossing EMA50 soon. Target is close to 590 sats. I would wait for SC to cross above 315 sats in the next few days to get a confirmation of the trend reversal. Sia at 286 sats is sitting exactly on the 0.618 retracement ratio, it makes sense to see a new leg...

davec83 Updated 

This is *likely|possible* outcome to XVG. If it goes below the supporting line of wave E, then you might want to consider your position.

davec83

Verge looks kind of bullish to me, it could be a false breakout but I'm leaning more towards an actual breakout. A clear and sharp move of the EMA9 crossing above EMA50 would confirm this.

davec83

Tron is nearing the apex of the contracting triangle formation, this pattern could breakout now or we could still see one more downward movement before breaking out. The yellow arrows on the chart point to similar patterns in which EMAs are converging (orange/blue/pink lines and MACD) and we also seeing similar levels of volume. Based on the thrust measurement,...