Astral_Rascal

Astral_Rascal

First move: Short position towards 1500 (entry was 1850) Second move: buy limit at 1500 Third move: stop loss at 1447 We will watch history repeat itself (green boxes)

Astral_Rascal

SL: target price at 0.85898 BL: bought at 0.63762 SB: stop limit at 0.63393

Astral_Rascal Updated 

My favorite buy zone is the BUY ZONE #2 because it correlates with the trend line. A drop below the trend line is expected followed by the creation of support and then who knows where is the moon. Is this financial advice? Who knows...

Astral_Rascal Updated 

Making it simple and charting two trend lines with additional info of demand zones. It paints a clear picture and the support trend line proven by the time and market itself.

Astral_Rascal Updated 

How did I get to this conclusion: 1 - created a zone with the most support resistance points 2 - found where it broke out of the resistance trendline in the past 3a - if long - found out the logical/psychological zone for where it can go first 3b - if short - then we will move like butterflies in between 7k to 12k (improbable = end of crypto, fear, distrust, and...

Astral_Rascal Updated 

Resistance - about to touch, short RSI - overbought, short 50MA/200MA - possible reverse towards MA lines, short FIB - entry around/bellow 0.618, short SS 0.70763 SL 0.68546 BL 0.63764 ratio 3.52

Astral_Rascal Updated 

Waiting for the pullback on support trend line. RSI in trade favor. Chance of bounce from 50MA back to trade buy zone.

Astral_Rascal

Just by simple support lines (those are showing previous ATH) and trend line, we can see that TOTAL2 (market cap without BTC) is in very important zone. We need to watch this zone and ask question: Is altcoin bull market coming?

Astral_Rascal

RSI in confluence with trend channel. Regression bellow 50MA towards support channel. Ichimoku cloud line on buy limit. target 114.886 entry 94.230 stop 91.508 ratio 7.59 length of the trade 2 years

Astral_Rascal Updated 

TREND: Trending line has clear bearish tendencies since the end of February. SUPPORT: We are currently missing any major support line until around 2.662USD. Either we will create a new support by side action or we will fall in correlation with the trend line. VOLUME: Volume is proving to be not big enough for bulls. We can clearly see that bears are taking...

Astral_Rascal Updated 

Let us start with supports and resistance. RED LINE - This is our resistance, currently sitting at 4499. We have a very low chance to test it since we keep forming lower highs. BLUE LINE - Our first support, currently testing it. I personally will wait for closing of 4-hour candle to confirm the way it is going. There is a chance for a bounce (although a small...

Astral_Rascal Updated 

We went through consolidation after a huge move up. Then: Small triangle breakout followed by a retest of the uptrend. Keeping a close eye on this coin. Another big move up is just a matter of time and patience. I would like to hear your opinion on the coin.

Astral_Rascal Updated 

We are entering the second phase of the 1st ALT cycle... maybe, probably... I let you decide where are we heading. Food for thought: did any of you ever considered, the whole market will crash hard? 70% and more? It's a ridiculous idea right... Same as eating one bat will start a world pandemic, what are the chances? Or maybe Wallstreet crash in 1929 and 1987?...

Astral_Rascal Updated 

XRP is currently trading with low volume. We are building on strong-ish support at 0.37788USD. Our goal now is to watch the green trending line in correlation with the support line as well. If we go and close under those lines, we go lower even more. If we close above, we can meet each other at the resistance, where we will test 0.4USD. My advice now is to check...

Astral_Rascal Updated 

Wait for point where candle will close. Closes above resistance - we will go higher to another resistance. Closes bellow resistance - wi will go to support. Also look for 200 MA, we are way bellow. If by any miracle we will close above 200MA, I would be very bullish from there.