I've just opened a long position @ 267.8 on XMRUSD. I also have a second lower entry which hasn't been filled yet. It's recently retraced to the mean while trending up on the daily chart. Today's incomplete bar currently has a higher high and higher low than yesterdays which was an inside bar. Aiming for a 15% profit with a stop loss at -6%. If my second position...
BTCUSD just broke 9800 and powering up. I'm dropping my bear mask and am expecting it to roar through 10,000 now that the down trend is broken on the 2hr chart.
I'm learning how to use the pine editor to create scripts and am looking for comment on this one I've put together. It draws a blue down arrow on the chart when a bar closes below the tight +-2% band (and the previous bar close was above). It draws a blue UP arrow on the chart when a bar closes ABOVE the tight band (and the previous bar close was below). The...
ZCash ZEC came to life at the start of February. It got overbought around the 10th and it's fortunes turned down. Now it has found support at 0.04655. If it gets back to the center blue line in this chart I will be buying again at 0.049 with a stop at .046.
This is a 2hr chart back to 1st January (6 weeks) for Bitcoin. I've written a script to create a channel around the recent price action. The way I see it prices don't usually move in sudden steps. Big news events are the exception but even then most people discover the news over a 24 hr period. Prices slowly wind up and down. This indicator draws a channel...
Bitcoin BTC just had a 10% correction. Retracements in the last 10 days have occured almost every 24hrs and have ranged from 4.6% to 13%.
Ripple has been trending up for the last 7 days. It got way overbought at the start of this recent move which shows lots of buyers ready to buy. It's now getting to the thin end of a triangle and I'm expecting it to continue up from here at 1.1234
This is the first bullish sign to appear on the bitcoin weekly chart this year. After 8 weeks trending down we see a pinbar this week with a long tail which tells us of a rejection of the low at 6,000 on Tuesday. Now this bar still has half a day before it completes but it's unlikely to change much (but it could). Who wants to attempt to catch a falling knife?...
This is a weekly log chart of bitcoin showing the rally from below $200 in Aug 2014 to almost $20,000 in Dec 2017. I know that trading takes more time than I have so now I am doing what a lot of people are doing and leaning back to observe. A gain of 100 times in twenty eight months got everyone's attention and now with this retracement we all pretend we are...