Here are some areas that should be interesting to look at.
XMR made a nice bounce even when rest of the market was pretty weak, right now we are at resistance lvl, if we don't brake that short would be nice here, added some areas where I expect bouncing off, as well as were I would like to buy some longer term.
Looks like nice area to try a long for KMD. Divergence on a daily, interesting events in August and December.
In case we have some a bit of a bullish movement here is a short I would like to try. Strong brake of 8k area with a lot of volume would invalidate this idea.
Looks like BCH is retracing, I would think we would have one more move up, and this looks like good area to give it a try. Risk would be up to 0.75% on this position.
Some areas that I would be looking to long. BTC is still in a downtrend, so we could go down, but with Tron, you never know. Their "Secret project launch" on July 30th could bring us some hype.
Looks like there is quite interesting volume on ARDR lately, could be that someone is accumulating, or knows something that we don't. Some S/R areas with boxes to pay attention to. There are no really interesting events in near future, so that makes me wonder where is this volume coming from. This is only significant thing so far: coinmarketcal.com BTC is still...
XRP does not look that awesome. But this area looks so appealing to give it a try. I would expect that when $BTC chills a bit, xrp will make a move. Am thinking of a small position here, and wouldn't risk to lose more than 1% of account on this trade. If this doesn't work bigger drop wouldn't surprise me so manage risk accordingly.
Here are few areas that I would be looking to short or long depending on movement of BCH.
Here is the plan - We have been keeping watch of the potential Inverse H&S which would complete the right shoulder around 6800 - At the completion of that shoulder we will be right around the downtrend line anchored to 20k and 9.9k , This would mark a crucial zone for BTC - A break above that resistance would make way for the completion of the H&S which reaches a...
Bitcoin these days reminds me a lot of a soccer match. Pretty boring periods of time with neither team scoring, and then suddenly, one team scores a goal. In the spirit of competition, we have divided the bulls (Croatia) and the bears (France) into 2 teams for the World Cup Bitcoin Finals. I anticipate France to come out strong in the first half, but Croatia...
Some areas that I would be looking to long. BTC is still in a downtrend, so we could go down, but with Tron, you never know. Their "Secret project launch" on July 30th could bring us some hype.
WABI is approaching an intersection between a long term downtrend and a local uptrend IF we break above the down trend line there is a good Long position to take with stops sitting below the uptrend line - exits / proift taking levels are at the upper line of the channel we are in ~Gemini
After the recent move up here are some short term targets for where BTC may go based on Volume nodes and Fib levels ~Gemini
If we are to brake current low, this is area that I would be expecting to see bounce from. Longs are currently pretty high up, we are rising on declining volume, if low brakes I would expect pretty steep move down to that area.
If current area doesn't hold, here are areas that I would like to watch for some volume coming in.
RSI is showing bearish divergence on 30 mins and 1hr, also looks like double top might be formed. So this looks like good R/R opportunity to take short in this area. Green boxes can be used as profit taking targets or as areas to look for bounce scalp, if this plays out as planned. SL should be placed tight above previous high, to invalidate this idea.
Keep in mind we should still be careful as btc movement is uncertain. But playing a bit long in this area for everpedia airdrop might be nice.