CryptoPsych007

CryptoPsych007 Updated 

LTC way oversold. Bought more between $81 - $83. Will add again if drops to $70 range and holds. Possibly sell around $100 if its a fast move. Who Knows but lets go

CryptoPsych007 Updated 

The crypto markets are warming up so I am back to trading. This summer will be epic with US govt messes, BRIC and who knows what else. It looks like the FED, Congress, IRS and Sam Bankman Fried are all the same! Out to get our money at all costs and they make the rules. Thats when I say "screw it" and just focus on the data. Maker daily chart shows price action...

CryptoPsych007

Method: Bollinger Band/Keltner Channel squeeze happens when upper & lower KC enter into BB. Use RSI and Momentum to help determine price direction. Works great on daily charts when squeeze happens with increasing RSI and Mom (ideally above 0). However, the longer the stock is in the "squeeze", it develops a base in that price zone. Longer base means stronger...

CryptoPsych007 Updated 

Simple method I like to use for crypto. Add 3 moving averages to your chart: 7, 15, and 30 day. Now add the Momentum indicator (21,close). Ideal long set-up is when 30 MA flattens out while the 7 and 15 rise from underneath. The green arrows show when this happened in the past and rise in price. Red arrows show opposite and decrease in price. Like to see the...

CryptoPsych007

Analysis of Bitcoin on a 3 day chart and 3 reasons the chart indicates a bullish continuation! 1). The candlestick bodies remain above the outer KC band. Spot trading on longer time frames so I exclude wicks (stop-loss hunts) 2). Since June 27th, the bulls absorbed 3 heavy selling sessions with little price movement (don't forget its a 3 day chart) 3). Rising...

CryptoPsych007 Updated 

Good day traders. Keeping this brief because it's simple. Week of May 6th 2019, ETH had a 15 MA / 30 MA crossover with positive rising momentum and increased volume. Back test and you will discover it happened on 03/06/17 when ETH was at $23.39. If you invested $1000 and sold when indicator crossed-under (May 4th 2018) at $714 your profit be approximately...

CryptoPsych007 Updated 

Good day traders. I can't stay away from the darn alt coins and MANA is a fav to trade. This is a simple method that I use to buy and sell alt coins (some). I only use daily charts and trade with long term plan but its highly effective when carried out properly. Simple MA strategy adapted for fast moving and volatile as hell crypto. Use 15 MA and 30 MA along...

CryptoPsych007 Updated 

Good day traders. I began scaling into CVC this morning around $0.075 because the 15 MA is crossing the 30 MA from below. The momentum is rising and positive. All this means its time to buy! Green arrows indicate long opportunities and red arrows mean "you should have sold already"! Simple but effective edge for alt coins but will give false signals so I set S/L...

CryptoPsych007 Updated 

Good day traders. Can somebody tell me wtf bitcoin is doing? LMAO if your the "market maker" please contact me with detailed plans! :0 BTC has serious resistance at $8000 and $8200. $8200 setting up for potential triple top but if resistance is broken, this is looking a lot like "full moon" and "Lambo dreams" type chit! Significant resistance at $8200 and of...

CryptoPsych007

Hourly chart showing a BB/KC squeeze and 50/200 MA about to cross. Should be good buying opportunity ahead.

CryptoPsych007 Updated 

Hell, I been trading crypto 2 years now and there is only 1 thing I am sure off. Don't guess what this market will do. Instead prepare for multiple scenarios and take profit as often as possible! I split profits with some to pay bills and the other left in cryptos. It's harder than you think trying to exit the crypto world with bill paying currencies... Without...

CryptoPsych007 Updated 

There is so much noise out there it's absurd! Can we please have just one more article about market manipulation in cryptocurrencies? Have any of you idiots really studied charts from regulated markets like the NYSE or Nasdaq? Happens there also but it's disguised better by the professionals. Ok so bulls took a beating in the derivatives markets and lost some...

CryptoPsych007 Updated 

Honestly, I started buying this back in December when it bottomed on coinbase but got more aggressive on Feb 16th, 2019 when BB/KC cross with rising momentum occurred. Sold on April 14th (split between bill money and keeping tokens) but been buying back in anytime dip below 0.014. TA is difficult on tokens with lower volume but since October 2018, there have...

CryptoPsych007 Updated 

ETH is a beast and can not be stopped...we moon sir. Not so fast my young padawan. Here is my real secret. Take an apple and toss it directly over your head. Now what happens...yes it comes back down until an equal yet opposing force stops it. That's no secret right. In crypto you have to be completely and utterly intoxicated on your favorite mind bending...

CryptoPsych007

Yes bitcoin did go on a tear last year and has had a tough 2018 thus far. Expand your timeframe and see this for what it is... the investment opportunity of a lifetime. Buy spot and stay away from high margin scammers...

CryptoPsych007

It's an old maxum that "nothing goes straight up". Price has to normalize. Does that apply to the NASDAQ? Quantitative easing, stock buybacks, and corporate greed have propped this up to the point of insanity. This bubble will make the "Dot-com bubble" and the "Bitcoin bubble" seem like small bumps.

CryptoPsych007

This is using the KISS chart technique... Keep It Simple Stupid! BTC wants to trade around the $3k USD range. That's when the real FOMO-ing began. Buy the dips and make the shorts some money! Watch the volume and wait for a real change in trend. You can't reverse a 6 month trend without an substantial volume increase! There has to be more buyers than...