SellzCarz

SellzCarz Updated 

couple of options for trading

SellzCarz

Rolling along learning what I can from TA course on another site. Today's question regarding Swing High, Swing Low and Fibonacci levels. Where would you draw it? Do you think this would be a correct placement? I wait and watch the outcome as always. Still think Salt march's/trudges/scrapes back to the .00039 area. I'm very inexperienced at pattern trading...

SellzCarz

In my newbie mind I think I see a trade here. Buying roundabout where we are now (0.00028500) with an eye towards selling at 0.0004 or so in a week or two. Not trying to chase a new top, not hoping to ride a crazy pump. Just trying to find a reasonable, realistically achievable exit point. Your feedback on this is greatly appreciated. I'm very...

SellzCarz Updated 

The market takes a tumble and all shall suffer. I would suggest SALT is at the floor support and due to head upwards. Guessing the month high would be a nice target. I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position in any investment.

SellzCarz Updated 

A crypto telegram I follow had ETH in a range box running from roughly $650 to $730. On the daily I can see it. On the 4 hour though it presents to me as a wedge. Your thoughts? None of the fib points matched up nicely for me so no clue on targets. Elliot wave guy I follow is trying to sell this as the consolidation for wave 5. Me, I'm flat. I think the SEC...

SellzCarz Updated 

Super bullish as an investor of this coin, currently in open beta testing of decentralized exchange UI. This project plods along at a fairly decent pace releasing tech, fixing problems, updating code and releasing new features. This tech, this coin is a gem but it'll have to "win" the old fashioned way with better working tech versus the better cheerleaders...

SellzCarz

After we broke out of the descending wedge the price didn't really run all that much. Tepid breakout into a range chop. Could be another descending wedge but using bollinger bands looks like we are chopping along. the bands looks a little squeezed so do a bit so keep an eye out for a breakout up or down. Fundamental analysis for this coin I'm bullish. Short term...

SellzCarz

Watching and waiting on this falling wedge. Falling wedge is regarded as a bullish pattern but always wait for trend confirmation before jumping in. Volume seems to be low, so...I dunno? I'm very inexperienced at pattern trading and all my posts are meant as a public record of my thoughts as I learn to trade. Please do your own research before taking a position...

SellzCarz Updated 

ZIL hit that .5 re-trace 3 times. Does it hold or descend further? - RSI falling into over sold territory on the 4 hour - Might be worth setting a buy at 1605 (.382 on fib chart).

SellzCarz

I'm completely new to trend analysis. Am presently partway though reading my first Elliott wave book (Mastering Elliott Wave by Constance Brown). I am also partway through reading a book about trading and technical analysis. (High Probability Trading by Marcel Link) ******************This is little more than me scribbling magic lines on a chart as I wanted to...