Looking at this metals as a market hedge for later in the year. Confluence for temporary bounce off 3.50 level, i like under 3.00 level better for longs.
Stock took a hit in 2017 with Stillwater acquisition and share dilution. Forward EPS is 3.4, Debt/Equity 1.03.
Breakout trade over feb highs and volume poc with stop at previous breakdown neckline. Targeting only partial retrace in similar fractal to past two blowoffs.
On the fundamental side, gfx cards are a product that is simpler, smaller, easier to assemble and uses less material than a full computer or most laptops yet costs more sometimes. If you're gaming or...
Looking at value poc and april highs/lows on both of these charts. Targeting 1.5-3x ex-btc marketcap with slight pullback in btcdominance, such that 1.5x matches a backfill to 5k btc with another 20% altbtc rise, 2x with 6k btc and 30% alt rise.. tight stops.
6hr Gann 1x1 level lost and retested heavily, support at lower quadrants. Bearish bias continues in USD on break of yesterdays low, but watching support at 0.035 in ethbtc, staying vigilant and trailing stops. Got 2 sub 100 dips so far, thinking this could be a panic-tease move with support at harmonic levels and the 8x1
Breakout higher or burnout rally, here's a 3.0 P/L trade idea. Higher timeframe cleanup may pull this back to optimal entry price for this trade. Weekly btc chart has a way to go imo. Also seeing at $58-62 as support.
Buy 10 LTC
Sell 8 LTC at Target
Keep 2 LTC
Similar to LTC this pair just had an 8 hr TK cross and 20 period MA curl
Elliot wave 5 aiming to break the previous highs, but going for safe 100% gain trade just below them
Will reduce risk to zero at target and let the rest ride past the highs
Entry is lower trendline in black
Target 20500 sats
Stop Loss at May lows
Nice support and resistance megaphone coupled with the ETH hype and fud cylces. Also strong VPOC and 61.8% fib retrace of the dump is about 2X from here for those interested in AT LEAST doubling their ETH stash. Blow-off top on ETH could be signal for aggressive entry on this pair.
Regarding fundamentals: If you're not aware yet, ETH is centralized and appeals...
Tradeable bounce off everyone's favorite fib for 3.62 r/r
Higher low combined with oversold indicators making higher lows and confirming divergences
Going for a 100% return, going to reduce risk to zero there and let the rest run
Will think of taking profits as we reach $120 on ltcusd and spot bearish divergences
High correlation to btcusd -8.87% now, and...
Retrace was well contained, not one daily close under the 50%. Next extension level is $33, with HF coming up and an expected 3 month alt season this year that puts us into June with this forecast. Buy range $18-19. SL April 27 lows.
Looking at bearish divergence in rsi, at 38.2% retrace of the dump and ready to make a head and shoulders formation so I'm looking to get short
Bounce at .011 and off the 1/8 gann angle after that, but who knows