AM.98

AM.98

Hello everyone, if you like the idea, you can support with a like and a follow. My current trading setup for ETH. I am keeping it simple for this trade, just riding the trend and looking the 12H and 1D candles, everything strong for now. Using fibs from the last high to our new low. Taking most of my profits on target 1(0.618) and the rest of them on target...

AM.98 Updated 

Hello and welcome to my post ! OIL is still in a strong uptrend and we are just breaking out from a bullflag. We are getting strong resistances from EMA100 and MA200. Something worth mentioning is the purple boxes on the chart, they are indicating previously fake out areas, a think that might happen if the price action dosent break the previously mentioned...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. By drawing the fibs from the last crash to our last bottom as a reversal movement from the crash we can expect to retest areas as 0.5 fib and 0.618 fib. We are currently having resistance from the 0.236 fib while we are inside a small bullflag. The important support in the chart as...

AM.98

Hello and welcome to my post ! EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable. We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break. W patterns have a tendency to break, make a run and crash down to liquadate a lot...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. We are on a Ascending Channel, on the bottom of it to be precise. So that is giving us two options: First we can buy here and have as a long target the 0.618 fib with a stop loss slightly above the last low. Second we can wait for a breakout of the channel and have a short target...

AM.98

Hello everyone, if you like the idea, you can support with a like and a follow. EOS took a great hit today but it might be ending. The plan is buy the purple area (bottom of the channel). But be very carefull if we lose this level and dip below the lower trend line of the channel. In a bloodbath situation like this the target is 3.6$ Don't forget to protect...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. Nice discounts today on the whole market. Buying the 0.618 fib level (purple area) bottom of the uptrend channel. Indicators showing the downtrend is nearing an end. Something to consider here is that if you un zoom a lot we are on a big ascending channel (bearish structure) you...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. ETH is trending beautiful and with momentum in this ascending channel, we also saw a break out of the channel but i am suspecting is a fake out move like the previous red cycle on the chart. Fibs Retracement from the last LL indicates resistance on the region that we are currently...

AM.98 Updated 

Hello everyone, if you like the idea, do not forget to support with a like and follow. As you can see from the chart we successfully retested the green uptrend channel that we were broke down and now we formed a small down trend channel (red) that we broke out of it. The target that we break up is the 0.886 fib level on chart, but be careful of a double top if...

AM.98 Updated 

Hello everyone, if you like the idea, do not forget to support with a like and follow. ETH is on a peanut formation waiting to break, so whats happening inside? We are stuck on a previously support that now turned on resistance, a possible W formation might be forming to take us on the top of the peanut. Also its important that we broke the trend line that was...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and follow :) Today we are seeing a very important break of the resistance (1730) that we were consolidating yesterday and also the neckline of the H&S. When we reach the First target (1800) we will find resistance on the upper trend line of the peanut and most probably will retest the broken...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. We broke out of the peanut that has a target on 2600$ region.Its important to not just enter now because ETH has a tendency to shake weak hands off the train and we might see a pullback on the purple box (yellow path of the arrows) With a break of the important resistance 1935$ we...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. We are trending inside a bull flag, waiting to break out to hit the top of the big ascending channel that we are in. For the short term most probably we will see a retest of the broken trend line (yellow line). When the bull flag breaks: To the upside, the target is 2275$ To the...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. On the chart we are seeing an Ascending Triangle formation a simple setup. With a successful break of the resistance the target is 8.30 $ It's important to see the trend line that is acting as a support to hold for a bullish continuation. Don't forget to protect yourself with...

AM.98 Updated 

Hello everyone, if you like the idea, you can support with a like and a follow. In the chart we are seeing an inverse H&S forming, we just need the confirmation of the right shoulder. 60.000 resistance have to be cleared out for price to start trending towards the targets. RSI action is narrowing inside the peanut pattern, i am waiting a break of the peanut for...

AM.98

Hello everyone, if you like the idea, you can support with a like and a follow. BTC is inside an ascending triangle that is a bullish continuation pattern. The target is 77000$ on a successful break and retest of the 60000$ resistance. RSI action is narrowing inside a peanut pattern that we most probably we will have to see a breakage out of it for the 60000$...

AM.98

Hello everyone, if you like the idea, do not forget to support with a like and follow. SP500 made a new high yesterday and it's looking to make new ones until the Friday closure. We are heading to 1.618 fib level after breaking the middle line of the channel. A breakage of the 1.618 level will take us to retest the upper trend line of the channel. EMA100 seems...

AM.98

Hello everyone, if you like the idea, you can support with a like and a follow. Here we have a target from a short formed W. It is important the resistance (blue line) to break successful for the target to be reached.Otherwise another path might formed (the red one). Be cautious on trading breakouts they don't have the best Risk Reward Ratios, and most of the...