MATIC 50SMA pullback here. this was the strongest out of the penny alts. Think we have a good location on this. we are at 1% risk if stopped out of the trade stop loss under 50sma
MATIC or you can call it polygon has a lot of potential issue is it was 1% when to 2s. this is a good retracement here. if it can hold its a high reward play. if it doesnt then we...
BNB has been on a tear this year. after that big run from 40 to 600s we have a strong pullback. It is a scary one but the r/r here is very juicy. We have the first test of its 200sma since the whole run.
This is a tricky setup as BTC still looks lke it can go lower that 30k is huge. if we can hold and build this $bnb has a shot.
I'm using a 1% risk sizing...
LTC has been in a consolidation now for last couple months while the rest of the altcoin market has been ripping. ETH and most others are busting loose to all time highs.
LTC has a big lid in this 250 zone. if it can break over this level it has the chance to make a big move into the 300s.
I added in the bullsonwallstreet.com chatroom this morning 230s with...
QTUM was a big mover just hitting the 9 spot a few days ago. we have a very orderly pullback to support here breaking under the 9ema and quickly remounting . We have a nice low risk entry point here with risk down to 6.00
There has been a very nice uptrend in altcoins of late. Traders are pushing every coin that hasnt moved. Nano had a very nice push to the 5s last month. It has been consolidating nicely in this 4.00-.4.50.
We are starting to test resistance. 5.50 confirms. I have a starter size in the 4.9s will double up over the breakout. risk dotn to 4.00-4.25
all coins that have been left near a bottom are starting to get picked up.
There are a handful that have big bases that are not extended.
FIL which is starting to go now.
IOTA which is day 1 of the move
EOS which will start its move over 4.00 alerts set when it breaks could see 5-7 quickly
Dot has been one of the top alts in this run along with $uni. We have had a nice consolidation after the big run up for last couple weeks with the range tightening up very nice.
These type of coils work great in bull markets .
Over 20 is trigger. stop under 9ema
Big base been setting up since its been listed and got the coinbase push. Now we starting to push out of a very nice base breakout pattern in a multi month consolidation. Judging by the way some of the other 2-4 dollar coins have pushed recently. We could see 3-3.50 very soon.
LINK is the best setup in cryptocurrency right now. we have been testing this 3.00 spot since first week of October. We are finally starting to test the top of the range and hold. This 3.00 is key if we can hold over this zone we could see 3.30 to 3.50 quickly.
with BTC on a rampage ALT season should be coming soon. Lot of good plays that havve been consolidating and ripping. Loving the look on ONT we got a nice flat top forming here since March. We have our major moving averages curling up underneath to provide support. this could be a powerful break that takes it to 2.00 quickly if the breakout can hold and we...
ATOM this is the best looking daily chart I can find in crypto. After a nice run from 3.50 to 7 last month we have had a nice 2-3 week consolidation in an orderly manner. When I look for a pullback trade I want an orderly pullback within the context of the TREND . We have a nice zone building in the 6 area to manage risk off with a run to 7 potentially.
EOS been on a monster ramp. WE have been consolidating for last few days. 15 minute chart is really tightening up here with some clear levels and risk down to 8.00 next push should start soon with a 9-10 target over the week.
We longed $TSLA for a scalp today, the setup was based on a support area around daily and the scalp was initiated based on the turnaround.
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BitTorrent along with BNB are the 2 hottest coins of the last few months along with LINK. We are setting up for a nice flat top breakout on the daily chart along with nice time frame alignment on the 15minute.
This pattern has tons of momentum. with the crypto market heating up only a few of these things are up in air in zones where there are no...