SolanaTradez

SolanaTradez Updated 

Building a position in unleveraged natural gas AMEX:UNG in $13-14's Divergence on price/RSI. Falling Wedge Would like to see price get over and hold above daily 50MA Will likely update once that is achieved After 50MA is achieved and held, breakout the wedge and target the 200MA daily for profit. Add on down days and be very patient with this one

SolanaTradez Updated 

Taking long entry on $INTC. No leverage. I want 4hr to get above 50MA and hold @ $31.97 to look good. Risk/Reward = 1/7 Entry: $31.81 Target: $34 Stop loss: $31.48

SolanaTradez Updated 

Good entry here. Long term addition or swing trade. Added VZ long position

SolanaTradez Updated 

#1 DEX on Solana in terms of efficiency and security Wave 4 appears complete at .5 retracement $2.17 estimated ($2.12 actual) Wave 5 Targets: 1.0 $10.47 1.618 $15.62 2.618 $23.95

SolanaTradez Updated 

Appears NASDAQ:WEN may have double bottomed at the .786 retrace of the entire 1-5 wave count. Accumulating between .00015-.0002 This is an accumulate and HODL. Spot only. Small size, this type of token should only be purchased with funds you are absolutely willing to lose a large % of. This is key. It will make it it a lot easier to HODL no matter what. The...

SolanaTradez Updated 

Inverted chart here. Good area here for long entry IMO. .786 Retracement Divergence on price action & RSI Triangle breakdown extended

SolanaTradez Updated 

Bitcoin worse case IMO Don't get shaken out Continue to accumulate

SolanaTradez

Price action is very similar to the middle of March 2018. As we declined from 8.5k down to 8.2k we created the same bullish divergence with the RSI as you can see with the yellow lines. Similar pattern on current day. The RSI itself when we bounced on March 15 from 7.8k->8.5K was 50 on the 4HR. We are currently at 50RSI on the 4HR and we bounced from 7.9k->8.5K....

SolanaTradez Updated 

Wait for hourly bounce to reach 60 RSI and start scaling into a SHORT. Continue scaling in while/if it keeps pushing to 70 RSI. Close when Hourly RSI breaks below 30 again. Rinse and repeat.

SolanaTradez

We are following 2014 bear market very closely during this 2018 one. At this point it appears we are more bearish now than we were at the end of May 2014. As you can see we wicked off the 200EMA and had a nice bounce in 2014. This time, we broke down below the 200EMA, bounced and rejected back off it to the downside.

SolanaTradez Updated 

If RSI on hourly dips below 30 and goes to 20-25, this could be the start of a bear trend.