waverider78

waverider78

Watching ADXBTC for a potential breakout, plan is to wait for cliche cup n handle, enter with any sign of momentum forming where shown. Alternatively, less aggressive approach is to wait for it to break above the upper trendline and enter at first retracement in a lower timeframe. Targets above shown.

waverider78 Updated 

Waiting this one to test recent swing high, drop, base a bit and then break-through upper trendline shown. Thinking it may need to wait until end of day and beginning of next daily candle. But it it breaks out today, look for it to retrace first before entering. Nice R:R ratio to the upside if played properly, these breakouts are quick and the retracements too....

waverider78

Wait until it touches lower ascending trendline (pink) before entering, with a chance to break above upper trendline (blue). Sell 1/4 before reaching blue line to improve trade odds. Above ATH, needs a Fib trendline continuation for targets

waverider78

3 Targets above as KMDBTC can shoot up. To improve R:R to T1, wait until it breaks out and retrace to enter (1:3 shown).

waverider78 Updated 

VTRBTC on watch today & tomorrow. Holding current levels and breaking above multi-day highs can catapult this one for a nice lift-off. Targets 1 and 2, scale in small after the pop & at retracement, take partial just before first line of resistance. I seldom say this but it should be implied, trade at your own risk and follow your trading plan. This is just an...

waverider78

Thinking FUNBTC will be stalling at current price levels, if so, wait until it retraces back & accumulates some more for a potential break-out. Scale small in the orange area. If it breaks above today's high, also a possibility to go long. Resistance lines plotted.

waverider78 Updated 

Wait until session is over, for next day candle. Once it pops above the high, enter long at first retracement on the 15 min chart. Do not jump the gun. Scale in 1/2 to ensure optimal entry. Sell 1/3 at first line of resistance 1.618 for a potential rip higher

waverider78 Updated 

This trade idea is an exact copy of how it played out with TRIGBTC, same 15 min chart. Good for a scalp only.

waverider78 Updated 

History repeats itself, if it does, idea is invalid. Lots of resistance at around current price levels, once above it, look for a nice rip. Looking for price acceptance at the daily high, a small retracement (not big), and sign of strength (volume) for a potential breakout.

waverider78 Updated 

Following my most recent BTCUSD post, OMG trade idea goes in tandem. Use BTCUSD to gauge price action and determine if and when to enter short. Best short entry is around orange circle. R:R is 1:5.

waverider78 Updated 

Watching for the break of recent highs for a rip higher

waverider78 Updated 

Idea is to enter Long after break above the recent high, preferably where at the base of the green arrow to minimize risk. 1:5 risk-to-reward ratio if it works. Scale in small for optimum entry, sell partial at resistance lines shown, can add to winners if price-action shows a pattern similar to hypo presented.

waverider78 Updated 

Breaking above the multi-day upper trend line shown can fuel this one for a nice rip. Need to be careful though as there are signs of quick retracement after reaching every new high on the daily.

waverider78

Breaking above multi-day trend line can give a nice pop. T1 obvious first resistance line, I think it can get to T2 once DOPE breaks out. Look for clues with other similar coins like THC, POT. Do not jump the gun, always wait until after it breaks out and retrace. Enter watching the 15min chart to fine tune placement. Scale in small, sell partials just before...

waverider78

BTCUSD is coiling for the next move, but I am more inclined to the short side as I believe it needs to retest the recent lows again if it is to make a push higher. Breaking above the downtrendline (blue) invalidates this hypothesis, and will resume longer term bullish trend continuation. The plan is to enter short position when it touches the upper trendline. ...

waverider78

Wait until end of day, beginning of next session. Looking for it to pop once above today's high, and go long at retracement. Potential ripper if volume comes in, just like OKBTC & TRIGBTC

waverider78

This trade idea is maybe couple days ahead, look for a breakout above the upper downtrend line for a 1:3 risk-to-reward play. I usually cut-off the wicks, but didn't want to do it here to avoid jumping the gun.

waverider78

Long only if it breaks above today's high, keeping tight stops. Resistance levels above taken from higher timeframes. Enter small at first, and if missed entry, wait for pullback. For daytrading & scalping only.