STEEM is drawing funny patterns. Since sentiment is turning bullish more and more, here's my trade idea for it. Entry at retest just above 12k support with narrow stop loss (just bellow 0.786 Fib retracement level) with three main targets - 0.618 retracement level of last drop, previous high and 1.272 extension. Disclaimer: this idea is solely for my own...
I'm willing to risk 8% of XRP in this trade. It's moving right above 0.618 Fib level of last rise. If it wll go up, I'll take some profits on the way. 3.618 Fib extension could be the last target, but let's see what will happen. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
All depends on BTC, but let's prepare for bearish scenario. Idea is to sell the fakeout with 10% stop loss (above previous highs) and first target at previous support at 72.60 and the second one at channel low at 52.30. If XMR won't reach the channel upper line, I'll sell the break bellow 82.00 with the same targets and initially the same stop loss. Disclaimer:...
Last time WAVES hit stop loss, but let's try again. This time idea is to enter near the channel bottom with stop loss a little bit bellow (I'm OK with 3% loss) and target at 0.382 Fib retracement level. I won't close the whole trade here, if conditions will be good - "spare" target is at next Fib level. If it won't drop to channel low, I'm willing to enter with...
Last idea (the linked one) wasn't so bad in the first place. If 350 level won't hold, we could expect bullish Cypher pattern to be formed and plan entry near point D - my setup will be as: - entry at 307 - stop loss at 290 - targets at 0.382 and 0.618 of CD (will be adjusted later, depending on real point D level) Disclaimer: this idea is solely for my own...
In case this would complete into bullish Gartley, here are levels of interest for the trade. Small entry at 0.786, bigger one at 0.886 Fib level of XA, if it will come down there. Stop loss bellow previous low. Targets will be defined more precisely after trade will be triggered (if it will be triggered and if it won't hit stop loss before any of targets :) For...
Also with Stellar I'm willing to take 6% lost risk in case it will visit long term support line again and continue to rise. In this case, I'll aim for 0.382 and 0.618 Fib retracement levels on the way up and if things will look shiny, I'll left part of trade for higher targets. If support line will get broken, Stellar could visit 2k9 level and if things will...
If this can be seen as bullish Gartley, XRP should go up more. Resistance is expected at 0.382 Fib level from C to D and some pullback. I'll try to catch it around 0.382 Fib retracement of current rise with micro order and a little bit lower, at 0.618 Fib retracement of this same rise with a little bigger order. Stop loss bellow previous low, target 1 at 0.618 Fib...
This one is basically addition to previously published ZECEUR idea (see linked idea, where also bigger picture is attached), but with this one we can gain some profit on way down, trading the fakeout. This to be valid, ZEC should come back to previous high area (near 104.00) and not rise above upper channel line and previous two highs. First target to take some...
Values could be near enough for bullish Gartley. I'll try to enter on pullback near short term support line and 0.618 Fib level with stop loss bellow previous low, mid target at 0.38 and final target at 0.618 Fib level of last drop (C to D). Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
What if this was EW and ABC correction is following? I'm willing to risk 5% and short part of ZRX I hold bellow point 5 with stop loss just above point 5 and drawn targets for profit talking. Final target is near point 4, which is also 0.618 Fib retracement of the whole EW. Bigger picture: Disclaimer: this idea is solely for my own purposes, to satisfy the ego,...
Harmonics keep popping up :) For this one I'm not too confident of point D - we'll see what will be happening around 0.786 level - if it won't be confirmed in some way, XRP could go to 0.886. Let's wait with trade setup a little bit. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
I admit, this is very sloppy drawn, but I saw a lot of even sloppier charts in the last few days, while we are approaching this triangle apex and the main speculation is will it go to 3k or to 10k (in 1 day). (keep in mind that those (c) and (A) are drawn away in purpose, so it is more readable). BTC was in uptrend, made a-b-c correction, and started to bounce...
Not much to analyse - if NEO won't break resistance line this time, it can come to support line one more time. I'll put small entry at 16.3 with stop loss just a little bellow and aim near to previous high. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
There was nice harmonic mid of September, but I missed it. Now LSK is consolidating/accumulating, I will setup trade like: enter at bottom of this channel with stop loss bellow previous low, target 1 at previous highs (also 0.382 Fib retracement level of last drop) and final target at 0.618 Fib retracement level of last drop. Disclaimer: this idea is solely for...
Previous trade was successful, let's try to make some more profits in the same way - smaller entry at higher level of interest and larger entry at lower. First level would be at 0.618 Fib retracement, which corresponds also to 0.618 Fib channel and short term support (dotted line). But this one doesn't look very strong, so just a small entry here in case it will...