mongacoin

mongacoin Updated 

Fate of Bitcoin will be determined soon. Volatility has been decreasing and the range is getting tight. Volume has been decreasing as well indicating a move shall be determined soon. Bull case - Break and close above 6948 would indicate bullishness - Need a catalyst to fuel the uptrend Bear case - Break and close below 6130 Now we are in a very tight range...

mongacoin

Perfect mix signal for traders. Bear case - ABC done - Bear flag with a perfect retest - Impulse wave 1 downwards Bull case - Cloud bounce (first time in a very long time on 4hr with a cloud support) - 4th wave done now going for a 5th wave Tho it looks more bearish as compared to bullish from a TA perspective. It seems like a perfect liquidity pool to trap...

mongacoin Updated 

Ethereum ABC done. 5 wave upwards should be next (3 of the 5) 3 is usually the longest wave. Strong pick up of volume and long wicks indicate that liquidity of seller at this level is dry and there is not many short sellers at this level. Waiting for a break above 215 for confirmation. Note this is counter trend trade, thus bears have the advantage on this.

mongacoin Updated 

Crossing the EMA 3 drive Target profit levels

mongacoin

Will 7k hold? This is key level that need to be held. A fractal or B fractal

mongacoin Updated 

Here is my Elliot wave count. Seems like we are in for another strong leg up, it is quite hopeful and still a counter trend as EMA is still bearish. However most profitable trades are mainly a contrarian approach

mongacoin Updated 

taking a chance with this long breakout of a bull flag and 4hr candle close above the 55 EMA on the 4hr. This is the first time since August.

mongacoin Updated 

Volume has to pick up in order to show more signs of bullishness, not fond it is a Friday indicating closing of positions. On the hourly showing signs of strength with price trading above 55 EMA and 100 EMA on the hourly. Ichimoku cloud also shows a bullish tk recross indicating more pressure. A key uptrend move will be a break above 305 + 200 EMA. Bearish...

mongacoin

So far trend is still downwards and looking at longer term time frame once the break of the key level we can expect a panic selling. Many support levels have been torn. Looking at past drops of 47% another 47% drop falls nicely at a nice support line. That to me is my load the truck kind buy option to get a bounce

mongacoin Updated 

BITFINEX:XRPUSD Type: Long Entry: 0.30595 Stop: 0.2927 Profit: 0.330 Breakout of triangle

mongacoin Updated 

BITFINEX:ETHUSD Type: Long Entry: Layer orders below 306 (box) SL: 285 TP: 359 (top channel) Clear downtrend channel with a break down, looking to counter trend this for some upside and squeeze of shorts

mongacoin Updated 

BITFINEX:ETHUSD Type: Long Entry: Break above 363 SL: 360 TP: 381 Trying out a new strategy waiting for more confirmation on indicators and finding entry points. Going to enter position later than the market but seeing if the win rate is higher.

mongacoin Updated 

BITFINEX:ETHUSD Type: Long Entry: Break above 414 Stop: 396 Take Profit Target: 442 Rationale - Pattern ascending triangle - Price support so far well on 406 There is a possibility of further downside and shall wait for break of either side to enter a trade. - RSI level showing bullish divergence Playing a bounce for a quick 6%!

mongacoin

HKEX:1337 Type: Long Entry: Long above 1.85 Stop: 1.74 TP: 2.21 or riding the trend! - triple doji (rare bullish signal) - Ending wave diagonal followed by impulse - Wave 1 and 2 completed looking for a 3 Fundamentals - Company recently IPO-ed last year Q4 dropped 60% - Development of Razer phone, RazerPay - Recently share buyback was announced - Company is...

mongacoin Updated 

BITFINEX:BTCUSD Type: Long Entry: 7389 - 7298 Stop: 7201 Take Profit: 7888 Back from holiday, short play went well. Now looking for an ABC setup and a quick bounce setup. Looking to dip buy and buy into the panic selling. Looking at support and resistance level and fib levels for reaction on various levels. Will monitor an adjust but so far that is the level I...

mongacoin Updated 

BITFINEX:ETCUSD Type: Long Entry: 14.232 Stop: 13.574 Take Profit: 15.772 Taking a long bid here with - bullish divergence on 1hr - histogram tick on MACD showing a uptick - mean reversion from EMA Daily chart At support area playing the first bounce.

mongacoin Updated 

BITFINEX:BTCUSD Type: Short Entry: Break below 8388 Stop: 8542 Take Profit: 8086 Rationale - Bear divergence on hourly - Double top on fib retracement (golden pocket) Looking for a quick trade to get a retracement to the trend line break

mongacoin Updated 

BITFINEX:BTCUSD ETF ETF ETF ETF! Showing strong bullish momentum over the past few days for Bitcoin a lot of build up over ETF announcements. In my opinion if ETF does not get approve many investors will be disappointed and you can see sell-off occur. Currently 2 key resistance is in our way - Down trend line - Fib retracement Golden Pocket It is still too...