gsotolongo

gsotolongo

COINBASE looks bullish to me because of the descending wedge forming at the D and W and I will eventually trade the breakout to the long side. I believe that we sill have some more ups and down prior of this break out if it actually happens of course. Right now, we are at a point were is crucial, it could go down before it breaks the descending wedge and that's...

gsotolongo

Sketched this a few days ago and still going as predicted... As we know, BTC still on the bull uptrend. For 2022 this is my prediction. We are currently sitting on a downward continuation bull flag/downward channel, and within that channel, there is a small flag reversal just right on 61.8% ($44,589) FIB and this could be the pivot point to start moving back up...

gsotolongo

Could hit ATH at around 5200, then it can go far down as low as 3k, then to continue the uptrend...

gsotolongo Updated 

I have been carefully watching ETH since the 19th, and predicted the drop to finish forming the upward wedge, and here we ARE. There is a possible trend reversal coming if it breaks the bottom trendline. ETH possible next stops because of support: - 1000: nice support on the left - 750 - 800: possibly, although the support is not huge - 600 and possible the...

gsotolongo

ADA just looks like is forming an upward wedge with a possible reversal to the short side. There is a possible trend reversal coming if it breaks the bottom trendline. ADA possible next stops because of support: - .25 - .26 : decent support on the left - .15 - .18: strong support on the left possible last stop to bounce back up.

gsotolongo Updated 

BTC upward trend has gone too steep. Looking at the 1H chart you can see how BTC is creating an upward wedge with a resistance level at around 38500 to 40000. If it resists, it will create a double top and could possible continue down. I am thinking selling at around 38500 and then buying again all the way down at around 24k -25k since the path looks clear. BTC...

gsotolongo Updated 

Saw this oppurtinity and decided to jump in last night. Crossed the resistance line and looks like it will continue the bullish trend. Entered @ 1.12728 Scaling 25% @ around 1.15363

gsotolongo Updated 

I entered a little earlier @ 90.24 per my strategy prior of getting breakout confirmation from the falling wedge. Great support below, already hugging the trend line with possible bull continuation. Price action has touched top and bottom of the wedge 3 times on each side. You can jump in today depending on what happens. If it continues to the bull side, I...

gsotolongo Updated 

Triangle formation at 1D time frame. It is resisted three times to the long side along the trendline. It also supported two times the second time with a hammer at the bottom. I could possibly continue up to the bull side if we get one or preferably two more confirmations to enter. It could also retest and continue down to the main upward trendline, but again we...

gsotolongo

ABC broke the big triangle that created at the monthly chart. I've been on the trade since 5/20 and scaled out 25% @ 6/2

gsotolongo

On the down trend, there is a nice bullish head and shoulder forming with a possible long entry up to the resistance @ 1D. We see the left shoulder and the head that formed nicely and the right should formation looks like it is supporting at the left should for a possible long entry. I already entered the trade per my strategy which led me to enter a little...

gsotolongo

Retesting to the previous all time high back in 2/20. Looks like it could possibly continue the upward trend tot he all time high. There is some support between 38 and 37. An ideal entry would be passing 39.00 I am already in the trade, I entered @ 38.89

gsotolongo

Forgot to post t his, Entered @ 1.40428 TP: 1.42947 SL: 1.39588 I decided to take the trade because I have been watching the downward wedge (sign of a bull continuation on an uptrend) that formed and saw the opportunity after the wedge was broken to the bull side on the third candle stick.

gsotolongo Updated 

Looking at the downtrend that started back in February from the all time high, we see an upward wedge in the making and could be breaking soon all depending on the market. This pattern on this downtrend could be a continuation upward wedge since an upward wedge tends to break downward, so there is a probability it could continue downward after breaking the upward...

gsotolongo Updated 

Here we see a downward flag ( bullish flag ) that formed from the uptrend after it reached the all time high. This could mean a possible uptrend continuation after the break of the flag going up. We see some support below between 93 and 92, but it could possibly break that as well and change directions, but nothing is written in stone. We also have the COVID-19...

gsotolongo

If you look at the 1M and 1W, you will see solid resistance and at the 1W you can see kind of like an upward wedge and a red inverted hammer wick. Zoom in a little to 1D and we will see kind of like an upward wedge formation going on, and that it is currently retracing from resistance, but some consolidation here could happen. From here on we will need to wait a...

gsotolongo Updated 

From the Monthly chart we see a downward trend pattern continuation, more of an AB=CD type of pattern. VSTO also reported earnings today. I entered a short trade yesterday @ the 1H chart when I realized it.

gsotolongo Updated 

Here we see how it broke the upward wedge and it could possibly continue down for a nice short entry. I am hoping to get it before it continues down.