mcmutton23

mcmutton23

Looks like consolidation around the 20 range, have an order to fill at 19.60. OVERALL LONG, not trading in this, I am INVESTING. Filling at the pull backs. Second one at 16 ish and if that goes lower, third at 10 ish. Middle term, looks like 3 to 1 profit/loss. Long term, TO THE MOON!!

mcmutton23 Updated 

Seeing Cardano, one of my favorite coins, now battle with the .618 retracement line. Up or down, not sure, but i have a buy order at 1.20. I believe this is a 1000x within 5 years.

mcmutton23

Diamond Hands 1st class trip to the moon, then mars

mcmutton23

As the title states.. perfect 1.618 retracement on resmed, MACD about to go green, just went at the 5 day moving average and above the 10 and 25 day moving averages. Only negative is the news and IHC reports, but price action shows a clear bull signal.. consistent higher highs and higher lows, the trend is your friend.. green lights, go go go... IF tomorrow has a...

mcmutton23

As the title says.. we had a nice retracement to the 1.618 mark, and now a nice looking macd crossover. Looks like this bull will break prior resistance levels and we will see eth back in the 360-70 range.

mcmutton23

As usual.. some bad news will degrade the price action of a good company.. giving us a great discounted stock price to get back in. Shopify looks as though it has hit a double bottom, selling action is slowing and we are seeing some trend reversal potentially. Wait for RSI to cross up above 34 (as we are definitely oversold here) and a higher low, with a close...

mcmutton23

Eth dipped and showed us a very important and very strong support zone if we cannot hold 300. (however i think we will and we are uptrending) That support zone is 282. Look left to see at least 5 different zones of strong support at the 282 level, even stronger than 300 has shown us. IF we drop back down. 282 is a good spot to expect support and a rebound back up....

mcmutton23 Updated 

Today on the hourly chart, you can clearly see a region of consolidation, no bulls are there to continue to drive price action up, and on the daily chart we have clear bearish intent based on price action and candle formation. Retracement is coming, i assume will form a higher low, and bounce off the bottom support line of the ichimoku cloud, making way for a...

mcmutton23

Tyson looks overbought on RSI as of closing today, nice upward trending pattern as well.. clear areas of higher lows and higher highs. Expect an overall bullish sentiment, but i see a nice retracement on the way to short it. Maybe a little wiggle room up to 71 price range if you look farther to the left, there is a prior structure high there.. but i don't see it...

mcmutton23

So here we are again.. we are in a somewhat bullish channel. We broke the very difficult 300 resistance zone, and heading up currently. I market some areas of resistance, i believe at the 315 zone and as you look to the left indicated by the arrows, historically we see that is a region of mild resistance. 340 is a tougher one, where looking left we see double the...

mcmutton23

Bears keep knocking us down at the 315 to 320 mark there is strong resistance to push past. We see it time and time again, there is a strong resistance line at that region. We also find good strong support at 280 to 290, and an overall bullish uptrend on the daily chart. Eth keeps making higher lows, but not higher highs. I am more confident about the higher lows,...

mcmutton23

Had another decline in Eth over the last 48 hours, market is consolidating currently, but we do have a double bottom, indicating that eth bearish market is dwindling, the second double bottom formed a higher low, and there is a slight uptrend currently, although volume looks low and we are getting a narrowing in price action. I think this is a sign that selling...

mcmutton23

Not that the bulls ever really left on the daily chart, we have been bullish with eth, even through the china ICO scare, we still remained bullish. Looking at the Ichimoku cloud, we pretty much just got back to bullish on the hourly scale, which is better for those day trading. Challenging the 330 range as we speak, next challenge will be the 350 range where we...

mcmutton23

Looks like if we drop below the big red line to around the 340 range, we will retrace down to prior the resistance arrow below it and come back up. If we stay bullish, it will test that prior high from this morning. While looking at the daily chart, we are at the top of RSI, volume looks weak, i think we have a retracement coming soon, hopefully to present a good...

mcmutton23

Fib retracement lands at .318 nicely, with a good looking trending wave pattern, nice volume going in. Looks like a smooth sail up, lets see what happens!