pedrogarrinhas

pedrogarrinhas Updated 

Not a financial advisor. Just like BTCUSD RSI breakout from the linked post .... ETHUSD is about to do the same... ETHUSD's RSI might breakout and retest the trendline before price action breaks ATH. No further comments.

pedrogarrinhas Updated 

Not a financial advisor. For me it looks as a break of a trendline and it is being retested. I have no further comments.

pedrogarrinhas Updated 

Not a financial advisor. Currently looking at prices closing above the MA20 and currently printing a double doji (Depends how the daily will close). I normally do not trade the double doji pattern but it is interesting to see it printing out on the daily. Stop loss - either the MA20 (but as you can see often candles pierce below) or the lowest wick from the...

pedrogarrinhas Updated 

Not a financial advisor. Currently looking at a retest of the wedge as expected on my previous post(linked below). The most recent momentum has been pretty bearish on the BTC.D. Just for disclosure, I would love to have an Alt season! But I am currently looking at the RSI long term restest and the fact that the wedge has been retested, can make the bull case...

pedrogarrinhas Updated 

Not a financial advisor! I was thinking that an Alt season was possible before the broadening wedge break. At the moment, I am looking at a possible 1) retest of the broadening wedge or 2) a Break down into the broadening wedge (leading to an Alt season). Good luck!

pedrogarrinhas Updated 

Not a financial advisor! Please don't tell me that XRP is going to be delisted from Coinbase && others exchanges or that the SEC is going to win the lawsuit! Not talking fundamentals! And this is somehow a risky trade considering that it is against the trend. Currently looking at a Cup && Handle formation with a possible target around the 50 cts. Stop Loss...

pedrogarrinhas Updated 

NOT A FINANCIAL ADVISOR! "Hated and cheap"...Hated probably by most and not sure about cheat... it all depends against what you are comparing it to! On the weekly TRXUSD seems to have formed a double bottom or a W accumulation pattern. Some weekly/daily targets (possible) are visible on the chart! Notice the higher highs and higher lows on the...

pedrogarrinhas Updated 

NOT A FINANCIAL ADVISOR! There is currently the possibility to break upwards the broadening wedge. But the currently there seems to be developing a Hanging man reversal candle. (need to wait some hours to confirm the current candle close) RSI still has some room to go before topping out. Patience ... wait and see!

pedrogarrinhas

No comments.

pedrogarrinhas

NOT A FINANCIAL ADVISOR. XLMUSD on the 4H creating an Adam and Eve with a 0.26-0.28 USD target! XLM is looking stronger than XRP at this point. XLM is doing 0.618 retracements against the dollar and BTC, while XRP is retracing further. Risk reward trade 4:1 => consider the bottom of the cup as your stop. Good luck!

pedrogarrinhas Updated 

NOT A FINANCIAL ADVISOR!!! XRPBTC seems to be retesting the wedge. This wedge retest matches the 0.618-0.786 retracement. After so many red days...wait for confirmation as you want to see some buying pressure! RSI seems to show some support...more clear on the XRPUSD - 1D StochRSI also bottomed out. Gonna sell my flat! ;)

pedrogarrinhas Updated 

Not a financial advisor! Not making any trade here! I don't use leverage! Yes ... I believe that a triangle formation broke bearish today! Yes ... I believe that there is a daily bearish divergence on the RSI! BUT... There is some possible bullish hope in the form of a cup and handle. In case this gets invalidated! well you can find some possible reversal...

pedrogarrinhas Updated 

Not a financial advisor! This is a correction to the previous post. (linked) I am still expecting a breakout coming anytime soon! Today? Tomorrow? Next day? RSI also looks like it wants to break out!

pedrogarrinhas Updated 

NOT A FINANCIAL ADVISOR! This is an update to the previous XLMUSD idea. (linked below) Why am I long biased: 1) long term resistance is now support 2) the size of the sell candles are getting smaller approaching that new support 3) Indicators are pointing to that reversal. What do you think will happen to the XLMUSD if the XLMBTC pair moves higher?

pedrogarrinhas Updated 

Not a financial advisor! Not biased on a specific direction therefore looking at the price breakout. Probably I am opinion biased but if the market shows me something else...I have to change in accordance to it! Considering current price action trend + RSI support + Stoch RSI ... I am surely leaning bullish. If this is Bull Flag it will be easy to calculate...

pedrogarrinhas

NOT A FINANCIAL ADVISOR! If you haven't seen my previous idea about Fractal repeating, I would suggest that you have a look on it. DXY is still creating lower lows. I am of the opinion that this drop is about to end soon and DXY is about to reverse. DXY should find some support at the Wedge support and at least reach the 0.38 fib retracement as it did on the...

pedrogarrinhas Updated 

NOT A FINANCIAL ADVISOR! This is very speculative and on the 1H therefore take this information with caution! There is the possibility that an Adam and Eve is forming on the 1hour. This might lead to another try to hit the 20K level... If that is the case ... the more this level is tested the more likely it will break! I am not placing any trade but if you...

pedrogarrinhas Updated 

NOT A FINANCIAL ADVISOR. At the moment, DXY is retesting previous lows (previous wick). In case of a daily/weekly close below previous low, you can see further downside for the DXY.