We see on the Daily price reversing around the 100 EMA (Post Death Cross) upon hitting a Price Reversal Area
Its a game of Cat & Mouse between the Bull & Bears but my Bias is UP.
Break of Trend & Retest complete.
My quick top down analysis on LTC for the day and what i'm looking at in the chart. While we've had a nice sell off so far today, i'm looking for a little more downside. I think we are sitting just above a nice area of demand on the 4HR and will be looking to add long deeper in this zone. BTW... we did test and break $150, as i expected from my last video!!...
Short video highlighting my opinion on XRP. I think .55 cent will get test, whichi aligns with a larger timeframe .886 fib level. Upside, I'm targeting .80-.85 cents with a slight pull back from this area before moving on up. Give a like and leave me a comment with your thoughts. Thanks
Hey guys... been a few day since doing a video, so I thought I would highlight why I believe being mindful of weekly levels are extremely important to your trading plan. While I think indicators can be useful, personally, i'm trying more and more to minimize their use and stick to price action along and limit the amount of time spent in the charts. As I have...
In this video I recap the BTC moves from Friday and cover what might playout in Sunday BTC action in Asia. A few notes: The runup on Friday I do not believe sellers particpated I am still long on BTC at the moment This could be a consolidation phase Has to break 9K strong FOMO range is 9200-9400 10K still heavy fight and psychological number
Quick update on my short at 1.23919, which I added to it and talk about in the video. I added to my position and now thinking that might have not been the best move. While I'm still in profit, I'll be watching closely to see if i need to closed and look for reentry.
In a nutshell, I'm expected LTC to test $150 again before looking to new higher highs. I do think those are just around the corner, but thinking the big money might want to load up a little more on some cheap coin before moving on up. Anyway, I hope you enjoyed, give a like and leave a comment.
Short video with my opinion on BTC. I'll be watching for a slight downside into a fib level, which should hold as support and for price to move back higher. I also, go over a little about supply and demand and layout a general concept of it. Anyway, i hope you enjoyed... give a like and leave a comment with your thoughts.
Quick follow up video to explain my thoughts on taking a short at 1.23919, which i'm currently sitting at about 120 pips in profit. Looking for this to be a very long term trade, so we'll see how it plays out. SL has been moved to just below entry. Just going to sit and what to see how it plays out.
This is the follow on video to the post i just made that explains why I went short on GBP/CAD. My manual post is linked below and is the post, I will likely update as this trade plays out. Give me a like and leave a comment with your thoughts. Thanks
I've started to watch GBP/USD a little more closely now, as price action is starting to close in on a mid 2016 supply zone that has not been touched since that time. Personally, i don't use a bunch of indicators on my charts, i just plot out what i believe to be strong supply and demand zones and simply wait for price to get there. Once there, I'll simply look...
So here is my daily update on LTC with my top down analysis on what I think it happening. I've identified two zones that I'm going to be watching for price action to move to, so that i may move forward when my plans for entering the market again (well add to my holdings). I hope you enjoyed the video, give a like and leave a comment with your thoughts.
Quick video and only one I'll be posting tonight and likely for the weekend. Anyway, my top down analysis of XRP and general opinion on price action. I am a long term holder for XRP, but do see more downside possible in the pair. Especially, if we see BTC start moving up. I believe we'll see a breakdown to the lower level demand zone from the daily!. Be...
Follow on to my last GNT video update and since then, price action has pulled ito the buy zone I was expecting to see price hit. All in all for me this is a great spot to add GNT to the hold. At the same time, while not text book, I'm seeing a double bottom play out and along term... i'm calling $.70 as the first target. I hope you enjoyed the video, if so...
Afternoon update on LTC from my perspective. Price action has bounced on the 200EMA at a daily level and the question is whether it would hold here and be the real level of support before price start to make a move to new highs. I guess we'll find out. I do highlight to lower areas that price action has the potential to reach if it breaks the 200EMA and the...
My take on XRP this afternoon. While it appears to be holding in the high .60 cent range, I do think a little more downside could be in store. I specially, the monthly .886 Fib Level. If that happens we will see a possible double bottom form. Not a fact just my opinion. Anyway, I hope you enjoyed... give a like and leave a comment.