C-Nagle

C-Nagle Oct 23, 2017

Accidentally posted a private idea several days ago. This follows on from that - Ethereum broke out of an ascending channel it had been in since late September after forming a head and shoulders pattern and a break of the neckline. It is now in a narrow descending channel with a potential downside of around $250 levels. If it breaks up, out of the channel I...

C-Nagle Oct 23, 2017

Following on from an earlier Idea - Monero broke it's horizontal channel to the downside, but has so far found some support at the 78.6% fib retracement level ($80-82) from the August high. Buying still seems quite weak so I expect it to keep testing this support. If it breaks this with strength we could see price fall quickly to around $60-65. Normally I would...

C-Nagle Updated  Oct 22, 2017

Monero is currently in a large flag pattern on the daily chart as well as a tighter one on the 4hr. It is also in a relatively flat parallel channel. I will be looking to enter a long trade on a strong break of the channel or a close to the upside, and similarly looking at a short with similar requirements to the downside. I will assess appropriate levels for...

C-Nagle Updated  Oct 18, 2017

Possible inverse head and shoulders formed on the 4hr chart There is also what appears to be a double top which might have put us in a potential throwback scenario so watch for a bounce off or break of the support line. In the case of a bounce expect a retest of 0.28 - 0.30 - If the support breaks it could fall down to wide channel of around 0.17- 0.23

C-Nagle Updated  Oct 17, 2017

Supply zones for Zcash. Long positions can be taken out inside the zones or upon confirmation on a break out and up.

C-Nagle Updated  Oct 15, 2017

Hourly chart formed a flag which had a false break out and stayed in a flag. There is fairly strong resistance/support lines forming a channel inside the flag. I would be willing to risk a trade on a strong break either side of the channel or pennant depending on how the chart develops. I see these to be short term trades with very tight stops due to the current...