veltto_keksi

veltto_keksi Updated 

On 1 day chart, RSI is showing increasing momentum. The price was as low as it was in summer (strong support zone). It just had a 89% spike in price with nice volume yesterday. Today I was waiting for the consolidation, which I assume found it's bottom just below 0.681fib (~0.00023200). I entered at 22655, with a stop-loss at 21379 (~5%). I don't have exit targets...

veltto_keksi

Went through the last resistance like a knife through butter, but hopefully the next resistance level at 0,5fib (153 - 163) will hold and new uptrend will start. On a personal note, I failed to sell a position at around 246. In retrospect, the signs were clearly there. We were at a B-correction of the Elliot ABC correction pattern. Price dropped from the B...

veltto_keksi

As of now, my portfolio is divided more or less randomly in more than 30 different coins. With no good plan. Been just researching coins and when I come across a coin that I find promising, I try to find a cheap point to enter. Haven't had any actual profit targets / exit plans. So mostly I've been exiting too late, often at a point that I should have just holded...

veltto_keksi

We're entering sell-zone. Whether this will be a short correction down, before moving up again, or a bigger correction part of a bigger cycle - I don't know. If it's a shorter correction, I'm looking around 3900 as the down point. For a bigger correction, 2700-3000. What bugs me, is that for this (1-5 wave that I drew) to be the third wave in a new cycle after the...

veltto_keksi

The pattern is similar to what we saw in June-July. MACD and RSI are heading downwards, HMA30 and EMA80 are far apart, and looking to converge -which I expect to happen in the second week of October. I expect a drop in price to around 3400-3500.

veltto_keksi

ARK in a very bullish trend. ARK is a very promising project. But momentarily I expect it to hit a top soon, and then slowly decline for ~5-6 weeks, untill it starts a rise to new hights (+130000).

veltto_keksi

Support is holding well, plenty of volume lately. All indicators are pointing for a strong up-move in the coming week.