hardkor

hardkor Updated 

The third wave down on dailies is happening now ... sit back and be patient. If there is a viable entry it will present itself in due time. After an amazing run its not outside the realm of possibilities that the BTC/USD market needs rest for months...

hardkor

AS discussed the other day we are on course to test the 200sma... that does not mean it is a buy signal but we monitor volume levels and reactions around the 200sma. Monthly signal flashing a sell signal. Chop action to be expected going forward with actionable signals for short term trades are viable. Good luck.

hardkor

ETH/USD continues flashing relative strength and differentiating itself from otehr crypto's. ETH/USD has smart contracts built into its protocol. Makes it different from BTC/USD and a highly liquid cryptocurrency. Continue to monitor for potential buy signal to trigger. COuld ETH/USD do what BTC/USD and move from 1000 to 20,000... absolutely but you have to play...

hardkor

The selling continues and the monthly charts are confirming. After an impressive run we are looking for chop action for the coming months. It is not to say that there is no trading opportunities in the intraday or dailies but just recognizing the tailwinds.

hardkor

The inside bar on ETH/USD failed to trigger and no trade was activated. We continue to monitor the action as it unfolds with ETH/USD showing relative strength versus other major cryptocurrencies...

hardkor Updated 

BTC/USD is failing to maintain any bid and all pops higher are met with sellers. With the 200sma below current price action it seems highly probable that we test the 200sma with a heavy break of 10,000 price point. In my experience we will probably break the 200sma and take out more Stops. How this scenario unfolds will tell us more about the future direction of...

hardkor

Inside Bar Buy Signal with good risk / reward... INSIDE BAR forming on Jan 29th. With prices above short term moving averages we are finding a good risk reward entry at Jan 28th highs. If Buy stop activated Sell Stop should be placed at Jan 29 lows. Good luck.

hardkor

Slowly and quietly ETH/USD is basing on a former base respecting its longer term moving averages as it is setting up for higher prices. Long from lower prices and slowly adding to position. When move is confirmed I will add into New Highs.

hardkor

BTC/USD continues to base along the mid to lower price points of its most recent trading range. Historically speaking BT/USD has shown that when it has traded on or below with an oversold reading on RSI it has given a good alert as to go long. Of course this range is a bit wider but entry in this area is great risk reward. Monitoring for compression of the moving...

hardkor

Failed Auction behavior around 9,000 is to be heavily monitored...

hardkor

BTC/USD resting along the 100sma with fast stochastics outside of oversold readings. Tight daily action is very positive and signifies buyers stepping in and creating support in and around the 12-22-2017 lows, which was accompanied by large volume. Scenario 1: Bounce into the 50sma - with bounce we then must evaluate action around 50sma Scenario 2: We are...

hardkor

After an explosive move prices seem to be pulling back a little bit and we wait patiently for a clear set up to add on to existing positions

hardkor

A large major base is developing in ETHUSD which has to be monitored over coming days/ weeks...more posts to come when the opportunity develops

hardkor

BTCUSD recently broke out of a nice short term base which was preceded by another short term base breakout, both were confirmed by volume on the breakout day. Where is it going? Doesn't matter. Manage your risk and ride the wave. I have been trading US growth stocks for years and the power they once had seems to have evaporated. One possible explanation is that...