Just a little trade set-up I made for myself to snatch quick profit if NMR continues toward the demarcation zone. The zone is conservative for a reason; wait for break-out and possible pull-back (EOS, anyone?). Alts have been acting a bit crazy lately due to BTC's bipolarism so it's crucial to wait for confirmations on these breaks (i.e. volume-to-price...
Chainlink (LINK/USD) looks like it's making a run for higher grounds and greener pastures. Keep an eye on this one; it looks about ready to break loose. Gains should be quick and nice, in and out. The way swing trades should be! *Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk. **If you have patience and you like big wins...
Tezos (XTZ/USD) is looking pretty damn good I must say. I've been tracking it for a few days now, observing its reaction to BTC's bearish price action and I've come to the conclusion that it warrants serious attention. There's plenty of impulse wave scalping action inside the symmetrical triangle, and the whole thing is just bottling up and waiting to explode....
We may be on the cusp of Algorand's long-awaited moment. I suspect the long period of consolidation has come to an end and the big boys behind the trading bots will be wanting a return on their investment very soon. Plenty of noob demand will be wanting to take overpriced Algo off their hands when the pump begins, but not you, right? You'll be swimming alongside...
It's looking like RVN price action is consolidating within a large symmetrical triangle and may head north soon. When the Raven takes flight will you be there for the ride to huge gains? This crypto is finally waking up. Exciting times are ahead! * Not financial advice; trade at your own risk. **If you have patience and you like big wins and big money, follow...
Accumulation spike spotted in the Ocean of Tron. This is usually a forensic sign of market makers absorbing a coin in stealth, which further signifies a FOMO pump may be in the making after enough of the supply is swallowed up. You heard it here first. As I always say, volume-to-price analysis is the soul of trading. My goal is to inspire and teach new traders...
In this publication I'll try to explain to newer traders what's going on behind the scenes as they wait for tokens like NU and REN and others to pump. This is basically the supply vs demand template for every coin/token/stock, hence why you'll see some cryptos pumping, while others going sideways and still others correcting regardless of what Bitcoin's doing....
BAL/USD is testing resistance and getting ready to smash the zone. The diminishing volume in the Weiss Wave indicates BAL has been absorbed by strong hands and it's time to push it up for higher sale prices to their weaker-handed victims. Consider jumping in soon for some smooth 30% net gains. In other words, swim alongside the sharks and eat when they eat, dump...
Loom Network (LOOM) is a cryptocurrency that fascinates me, as it has the potential for being used by future health care providers as a distributed enterprise platform. That's the short and sweet gist of why my interest in Loom is piqued and I continue to watch it. You might want to start taking notice of it too. It's dirt cheap, Coinbase lists it (not in...
Smart money's been quietly absorbing NuCypher for a few weeks now, still hoping to shake out weak hands. The long consolidation period is almost over. Get ready to ride the green candle locomotive up to the 1.618 fib range and beyond after she blows. Gonna be some nice gains guys! *Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate...
These targets are a bit conservative, but this is a good one to get in and out while you can I think. Everything is still largely contingent on Bitcoin's behaviour for the next few days. If Filecoin pumps, it would be nice to make a little bank. In any case, I feel there are some swings within this symmetrical pattern to take advantage of, and if it breaks...
I love Qtum; this amazing crypto is a total winner which has, I believe, a very bright future. Today I am looking at the QTUM/USD pair and wanted to share a swing trade idea with you. This can be a potentially juicy one if you have the patience to wait out the bumps and dips. I think it's just a matter of time before it smashes resistance and goes stratospheric as...
Kyber Network (KNC/USD) has broken out of a triangle pattern in the wake of BTC's present correction and is currently rallying. Could it keep going all the way to the Ultra Sell Zone and beyond? Most likely, as my experience with KNC is that it is a VERY bullish crypto that loves to run. So we'll just have to see. I would set my target near the UBZ (Ultra Buy...
Wyckoffian Logic points to a re-accumulation phase of EOS rising to the occasion. If and when it does, it should hit the fib targets indicated above. Target practice, anyone? *Not financial advice; trade at your own risk. Utilize a stop-loss to mitigate that risk. **If you have strong hands, patience, and you like big wins and big money, follow me. I track all...
MKR /USD is showing clear signs of a Wyckoffian re-accumulation trading zone set-up. Here I've broken it down for those not familiar with Wyckoff logic (I suggest you learn it), and I've also set suggested price targets at the 1.618 and 200 Fibonacci levels. Let's 'Maker' it happen (I know -- lame). *Not financial advice; trade at your own risk. Utilize a...
Today I am looking ATOM/USD -- the native cryptocurrency that powers the Cosmos blockchain protocol -- and it is looking very promising. Like most of the cryptocurrencies right now, it is bouncing around within large symmetrical triangle patterns, and back in February before BTC's retracement it already rallied over 100%. Will it now continue to rally? I don't...
AAVE/USD's price action is in a symmetrical pattern and just itching to smash resistance once BTC finishes up with its ursine business. Once the bulls take the reign all these 'lesser' cryptos are going to rally something fierce. I suspect powerhouses like AAVE will be leading the charge. So here is a conservative swing set-up, in preparation for that celebration....
I've been following Synthetix Network Token (SNX/USD) for six months with continuing amazement. SNX no doubt is going to be a future powerhouse derivatives trading protocol. Fortunately for us, it's still in its infancy and can be accumulated on exchanges at an incredibly cheap price. This token is one of my long term "Hodl" and staking cryptos (along with BTC,...