Decided on another entry here with $ONT paired with $USDT based on 1D bullish divergence indicating a possible trend reversal to the upside and also off the .618 fib. Price re-testing previous support, oversold on 1D as well as 4H oscillators. Im anticipating price to head into VPVR levels on the 4H. As always, indicators give us great signals and high probability...
Entered another position with $XLM #Stellar Lumens today. Based my entry on the hidden bullish divergence, price playing out in overbought zone, testing previous support and within the .618 to .786 fib range. Risk management important as usual, stop loss placed just below previous swing low and Im prepared to adjust it depending on market conditions. If this heads...
Swing trading $DASH paired with $USDT #Tether on Bittrex 1D chart. I'm looking for confirmation of a bullish trend reversal here. Buy orders layered in at .618, .7 and .786 fib levels. Had a nice profitable 32% run off the previous leg. As always, this could go either way, the market moves in mysterious ways. Risk management is king, if my orders get filled, I'll...
I've been swing trading $QTUM paired with $USDT on Binance recently with some decent gains. Decided to re-enter tonight at 7.68/7.70 with a stop loss at 7.3. It has some bullish potential given the fact that its oversold and there's some divergence evident on the oscillators (top). I'm looking to possibly pick up 5-8% over the next few days. If it heads south I'm...
IOTA/USDT (Binance) showing overbought on the oscillators and Heikin Ashi candles, I decided to exit with 5.2% gain on this swing trade. Check out turbotraderpro.com for the tops and bottoms alerts indicators I'm using.
$BTC showing a hidden bullish divergence and potential EW wave 5 warming up. Chart potentially points north however smart money can demolish all TA in an instant if they decide to dump. This can go either way, so I'm keeping risk management as high priority, doing my best to avoid bot stop runs, etc. On another note, I'll throw this in: Alts paired with USDT are...
$BTC 1D testing resistance again, here we have the upper Kumo cloud edge to break through, previous resistance level, and we have a clear bearish divergence on the oscillators which are clearly showing the market is overbought. It only makes sense going by this chart to see some kind of correction (or dump). I would anticipate price retracing to the .236 or .382...
TA is great until we have MM dumps. In any case here's my thoughts on #Bitcoin. We've had 2 strong impulse legs and if all goes my way, waves 4 and 5 should play out. We have a green candle close inside the Kumo cloud and potential to head for an edge to edge breakout given the market sentiment, momentum etc. The Tenkan Kijun bullish crossover is promising. Given...
$BTCUSDT stay on your toes crypto folks, looking back on the 1D we have familiar patterns playing out. Yes we have lots of bullish news, ETF's, Coinbase and the rest, and now its all berserkers, moon and lambo on youtube and twitter. Im always looking for and focused on the risk. $BTC could go parabolic right now, it does move in mysterious ways, I'll give it...
BTCUSDT pressure cooker is getting ready to go either way. There seems to be a good argument for both bulls and bears right now. Bearish case: 1d chart shows we are overbought, hitting a major resistance level i.e. testing overall trend line, previous swing high and the 200 ema. The macro view tells me to get ready for a retrace to $7200k, $7000k, or lower....
I usually only swing trade and haven't been into hodling any coins, however I bit the bullet and decided to invest in $LTC mid to long term.. based on ETFs coming and assuming Litecoin will be next in line after $BTC for an ETF. Im in, pairing with USDT all the way and plan to swing trade LTCUSDT from here on with the intention of using the gains to reinvest...
A 1D chart perspective.. showing a retrace before another leg up, but the question is where will it it bounce? Oscillators overbought, price action tested resistance. If we get a bounce of one of these fib levels, this should pick up momentum. We need to break through this current trading range and if so I believe the trend reversal would be pretty much confirmed....
Here's my case for a potential short opportunity BTCUSDT on a 4h chart. Bitcoin is playing out along a major resistance level of this s/r range and hasn't had enough momentum to break through at this stage. We had a false bullish breakout that liquidated everything in its way last night, and whats evident, is a clear bearish divergence on both oscillators (lower...
ETCBTC has been my most favored altcoin to swing trade. Not only is it offering some nice gains on these s/r levels, but if I were to consider hodling anything as a mid to long term investment, ETC is number 1 on top of my list. I dont even bother with stop losses with this coin (not financial advice). Gaining a position when it takes a dive like this is a bonus....
I was bullish an hour ago and I guess that was my general sentiment after watching too many moon and lambo youtube videos. I decided to go against the herd and enter a short position here based on price being overbought and bearish pressure pushing down, double top etc. I also based my decision on the 2nd red Heikin Ashi candle. As always, this could go either...
$BTCUSDT - we'll either get another leg up and Bart pattern to test resistance at the $7800 level or it will dump. If I were smart money (which I'm clearly not), I would push it another leg before my next dump. This way there's a tad more fomo liquidity to be soaked up, and it keeps fomo in enough for the next pump.. thats my reasoning anyway. My sense is that we...
XRPBTC is looking bullish on a 1D, we have some divergence showing on the oscillator indicating a potential trend reversal, price has bottomed out at major support, and based on this Im good to enter a swing trade here. Lets see if XRP heads north. I figure, if BTCUSD 1.98% consolidates where it is, alts should have a field day.. As always however, even though TA...
$BTCUSDT pumped, although a 30 Billion increase within 30mins-1hour seems like a lot of money all at once. I cant help but be a little suspicious. So maybe Im hallucinating, but as I see it, big boys pump, the herd goes nuts, everyone screams moon and lambo, fomo piles in, then big boys organise a strategic dump raking in millions like whales feeding on plankton....