drgorogbalazs

drgorogbalazs Updated 

I am speculating that we are potentially in a broad wave III and mid-term wave 3 in OMGETH (Weekly chart). Price ran from 0.0021 to 0.045 in wave I gaining 2000%. Then retraced to 0.0124 in a wave II. Price reversed from there and completed a minor wave 1 and 2 (part of wave III) and recently started its wave 3. If I am speculating that wave 3 is part of wave III...

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XLM might have had started a broad wave V against ETH with reversing at approx. 0.000335 level which is reversal from 0.236 level of wave III. Targets potentially can be 1.272 extension (0.00135) or 1.414 extension (0.00148) levels of wave III. Wave II. was correction to 0.382 level of wave I. approximately. RSI is above 60 though volume is low. A lower timeframe...

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BAT made an intense move yesterday which made me think of the potential wave count to identify entry levels and potential targets. Wave counts can be subjective and tricky and may need to be adjusted along the road however one scenario can be the following. Potentially yesterday’s move was only a wave 1. of a broader wave III. It stopped at the 0.618 fib level of...

drgorogbalazs Updated 

XLMETH might start a wave 5 in a shorter timeframe (12 H) with a reasonable and potential target of 1.272 extension of the last bullish move – reversing from 0.0034. The risk reward ratio looks quite favorable as with breaking the current 0.618 correction level of previous bullish swing and going below 0.000495 the wave count is already negated and stop can be...

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GNT is seemingly forming a higher low against ETH on the 12 H chart on the lower border of a potential uptrend channel. This may offer a good trade setup now with a very attractive RR ratio. Higher lows often lead to higher highs. My target would be potentially the 0.382 fib level of last major downswing which is around 0.000745 level. The previous double-bottom...

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GAS is seemingly moving in downtrend channel against BTC and is closing to support at 0.0022 levels AND lower line of the channel. It may be expected that price will reverse and may visit the upper line of the channel and previous resistance at 0.00305 - 0.0032 level. Fairly tight stop loss can be set in this scenario which offers an attractive Risk Reward ratio...

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STORJ broke smaller falling wedge (red) yesterday with nice volume push against BTC. Now attempting the downtrend line of a broader falling wedge starting from 0.00023 level. I expect 2 scenarios for long: 1. The downtrend line of the broad falling wedge will not break now but there will be a retrace to the trend-line (blue line) first and then break-out of the...

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GNT has seemingly reached its bottom against ETH at the beginning of February around 0.00036-0.00037 levels (peak to 0.00035) and then started to rise. At this point I was placing long-term position trades at 0.0004/0.00046/0.000485 in the amount of 5 ETH proportionally. It turns out I was early as since then more bullish confirmation signals have developed after...

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ETC has been building an ascending triangle after double-bottom against ETH. After a slight draw-back volume is rising, RSI above 60. Strong resistance at 0.00331 – need to wait for a break-out at 0.00331 and then wait to retest this level as support – and actually the support to hold. Level to enter after confirmation that support holds can be approx. 0.0034 and...

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GNT has a break-out of symmetrical triangle on 8 H chart against BTC. Bounced from 60-day MA. It has crossed Ichimoku conversion line and base line (after pull-back) and is above the cloud. RSI is at 60 levels approx. – bulls look to control. I am in the trade with 0.5 BTC at 7160 satoshi. Target is just below 10870 satoshi which is an old resistance and which is...

drgorogbalazs Updated 

BAT is bottomed out against BTC. RSI shows bullish divergence on 4H-8H charts. Expecting break-out. TP1 potentially at 0.000027-0.000029 zone, TP2 0.000034-0.000036 levels. SL at 0.000016 level. These are my personal views of potential price action. Please trade carefully!

drgorogbalazs Updated 

EOS is moving in an uptrend against ETH and was nicely bounced back after consolidating between 0.382 and 0.5 fibonacci levels after latest upswing from 0.00176 to 0.0048 level. However now a falling wedge may be identified + there is RSI bearish divergence within the wedge. I am expecting to break down and move to cloud and touch uptrend line again – and at this...

drgorogbalazs Updated 

BTS made a fine ABC correction against BTC after a run from bottom 710 to 1350 (with completing 5 of 5 waves per my view previously). Price bounced back from exactly the 0.382 fibonacci level with completing C wave of the correction of the upswing and now is in the cloud and back above the uptrend line. RSI back above 40 – bulls are in trade. In my opinion BTS...

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ICN broke out falling wedge against ETH on 3rd November. After consolidation on support line RSI divergence can be seen on 4 H chart and expecting upward movement. ICN is at its all time bottom and on the 4 H chart it looks as a triple-bottom as well in the past days. I expect upward movement – I am already in with approx. 1300 ICNs. Based on Fibonacci levels and...

drgorogbalazs Updated 

It looks as STORJ is moving in a channel against ETH and may be starting a new upward movement. I am holding STORJ (I consider this as a promising project fundamentally) however based on price movement around the top of the channel I may short a portion of my portfolio and may buy back upon retrace. Level to short if e.g. RSI and Stoch RSI may support potential...

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1D chart - BTS is closing to support 0.00002072 against BTC. Falling wedge pattern and RSI bullish divergence suspects potential trend reversal and so buying opportunity may develop. RSI and MACD to confirm and Ichimoku related signs should be considered as well. Potential TP zones are – 0.000065-0.000069 (0.618 fibonacci of latest uptrend); 0.000097 (0.382...

drgorogbalazs Updated 

With looking at 4H LSKETH chart there looks to be a rising wedge pattern. RSI lower highs may potentially indicate a ’bearish’ momentum. LSK RSI on 1 day chart is overbought. I can see a possible downward movement if breaks down below lower line of the wedge. I consider support levels at 0.0162-0.0168 range which is 0.382 fibonacci of last upward trend. 0.00128...

drgorogbalazs Updated 

ADX looks to be moving in a channel against ETH and is closing to support level of 0.786 fibonacci of uptrend – 0.00194 level. We may hit a double-bottom there or price may break down. There may be looking for potential RSI divergence, MACD to confirm price reversal and context with Ichimoku cloud as well to indicate potential trend change – we may have buying...