EddieTradez

EddieTradez

Bullish and incredible reversal for ETH/ USDT pair (and the market as a whole of course). I expect the market to be expectedly rejected at this resistance to set itself up for another retest and eventual break out, followed by a dip to re-establish the resistance as support to lead to higher lows/ higher highs. The past few days have been a good indication of a...

EddieTradez

A quick daily-candle snapshot of Ethereum / USD on it's macro downtrend per the overall macro "bear"/down trend. There is no reason to expect bullish reversals "out of nowhere" that will all of a sudden invoke a new uptrend--- the only way to firmly establish a new "bullish trend" is strong rebounds with even stronger follow thru days. Follow thru days are days...

EddieTradez

CRV breaks out on strong volume on the daily candle. This is a great place to enter a position, or wait for it to pull back closer to the breakout point of 3.68. I believe the price will come down to around 3.8, but not linger much lower for long. Of course, this all depends on market conditions. A great entry is around here or 3.8 with about a 10% stop...

EddieTradez

Buying BCH / USDT breakout here on the daily candle. 10% S/L Beautiful breakout. 10-13% Stop loss should be more than sufficient. First profit target: 25% at ATH resistance, where take 1/4 to 1/3 profit or more depending on market conditions, set stop to Break Even at 10-15% unrealized gain or per your preference / market conditions. Defi in general is feeling...

EddieTradez

UNFI breakout on the 12hour and daily candle of major down trend. Great entry here with a 10-13% stop losses and first profit target around 30% up to 45% at ATH resistance.

EddieTradez

GME breaking thru downtrend lines from local high and previous ATH (all-time-high). If it closes above, that signals a change in trend :)

EddieTradez

ADA consolidating upwards nicely, expecting resistance at ATH then a breakthru, retest of ATH, then follow thru to new ATHs considering the market trend remains super bullish and juicy as it does now. I already have a position, so I advise using your own judgement when to enter, I expect a decent pullback from resistance at ATH.

EddieTradez

DOGE on a major daily candle breakout after massive accumulation cup base. RISK of major pullback, AT LEAST to pivot line of .088 (which is a good location to play buy limits). Profit target: Your choice, if the breakout sustains and the pump continues, we are in price discovery. 45% first profit target is fairish. Aiming for 40-100% taking profit at different...

EddieTradez

UMA update, for a long entry, wait until a strong-volume breakout of the 29 blue line. You can set the line with an alert, and then observe the volume and confirm that it closes above the line on AT LEAST a 4hr chart (preferably higher time frame the better). If it breaks out past 7-8% above the line, you can wait for a retest of the $29 area to set your buy...

EddieTradez

XVS Venus early breakout while it is building a base. 10-13% Stop Loss. 1st Profit target: 35% to major resistance at previous ATH. I plan to see how the market is and will probably hold 50% of my position to see if it breaks thru resistance after a rejection. Follow on profit targets if it breaks thru resistance: 50% I expect Venus to hold above the trendline...

EddieTradez

Bought ZRX/ USDT breakout on the daily candle here. 13% Stop Loss. Profit targets around 25%, 35-45%, and 60%+++.

EddieTradez Updated 

ADA inching out of potentially bullish descending triangle. Volume is very low right now which indicates that supply is dwindling, and all it will take is a big buying spree to send it higher. Of course, it is possible for ADA to break down here and go below support again, where there is ample buying pressure to keep it in the 1 - 1.20 range. I see 1.20 as...

EddieTradez

THETA on strong breakout here from 3.97 pivot point of previous local high. Expecting a retest of 3.97. Entered half position (5% of portfolio). Profit targets around 25% + Stop loss 10%

EddieTradez

BAT on a strong volume breakout of a significant base. I bought a half position (5%) in BAT / USDT around .776, with another half (5%) limit buy around .72 area (expecting a retest of the previous ATH, which is .71). 13% Stop Loss on my initial 5% position. (5% of total trading portfolio). We may not see a retest of .71 but I think it's likely.

EddieTradez Updated 

Bought SUSHI / USDT pair on Binance HERE around 19.79. When it dips in this area (red zone) is a good area to buy as long as pullbacks are on lowish volume. Stop loss 10%. Profit targets around 30% and up. The crypto market has staged a strong rebound yesterday and is largely continuing to hold it today, I am looking for the market to continue positive...

EddieTradez

ADA / USDT (Cardano) on Binance is consolidating in a descending triangle. While descending triangles are NOT as good as Ascending triangles (slant faces UP), in a bullish environment descending triangles are also OK. If the crypto market continues to stage a strong rebound and regain bullish momentem, even temporarily, I expect ADA to breakout positively from...

EddieTradez

I bought the ADA breakout around 1.27 and set an follow on limit buy around 1.2. Stop less set at 10% from 1.27 and I will set another stop loss of 10% if my limit buy executes at 1.20. The market is right now very volatile with most alts in correction, so be cautions and careful with your decision to buy this breakout. My first profit taking target is 1.4,...

EddieTradez

Potentially very bullish week ahead, similar setup occurring as of last weekend. See previous pattern and I expect a similar occurrence and strong, daily grind up. I am looking for good setups in bases today and monday.