ArmandsTrencis

ArmandsTrencis

1D, 4H, 1H After the massive price manipulation , the price of all the crypto has been forced lower and is comfortably sitting above the support levels. BTC is hovering above the support + 10000.00 USD mark. In my opinion, there are 3 possible scenarios at the moment. 1. We will have a little dip below current low at 9928.62 USD and consequently,...

ArmandsTrencis

TRX has slipped down to test 0.00000500 BTC mark. Currently, the market has been forced into a J-curve and it will likely take time for big investors to accumulate their positions now. When that happens we should see the price to start sloping upwards again. It is hard to say if TRX has bottomed out yet. If the price closes above that downward supportive trend...

ArmandsTrencis

1H,30 M DOGEUSD has been caught in a channel between 0.011 and 0.013. Buy setup valid if price closes above the support of the channel on 30M or H1 chart. FIrst target at 0.013 Second target at 0.015 Optionally leave the remainder to target ATH SL at 0.0105 Risk/reward 4.57

ArmandsTrencis

1H, 2H, 4H Price action is showing that there is a very strong support at 0.088 - 0.090 USD area. This area also matches perfectly with 61.8% FIB retracement from the last bullish price movement from 0.05 - 0.15 USD. If you look at a daily chart you can also see that there is a strong support at 0.10 USD. A slight obstacle on the way up could be the area marked...

ArmandsTrencis

The trade setup that I suggested yesterday, didn't work out exactly as I expected, but that's just the part of trading. I am suggesting to have another go to short XMR now and target 350, 320 and even 300 USD mark. If this doesn't happen then I would stay off this pair for a while.

ArmandsTrencis

I would like to draw your attention to EOSUSD. It is one of the tokens that have managed to double its capital despite the overall market has stalled and has lost part of the capital. EOS has managed to break into top 10 by market cap. It is currently slightly below 10 billion USD. Also, we can see that the volume has increased. On the chart, there are 3...

ArmandsTrencis

WMR/USD currently being rejected from upper resistance level at 410 USD mark. Enter with sell limit order from 410.00. SL at 422.50 Target 350 USD area. Risk reward 1/4.5 The pair has been caught in a range bound market and there is accumulation taking place at the moment. This should be another move down.

ArmandsTrencis

Price has currently stalled at 1.50 level. It is a resistance level from where the price has bounced off before. The price action is very weak in this area at the moment as well, pay attention to the small candles formed and how the price is struggling to go higher. SL at 1.5220 TP 1 at 1.30 TP 2 at 1.10-1.20

ArmandsTrencis Updated 

TRX has currently settled at around 750 satoshi's level or 0.00000750 BTC. This is a strong support level, however, the price has been congesting here and doesn't seem to be showing any signs of bullishness. I expect it to go lower before it goes up. The price should either bounce off of 0.00000750 or it should quickly dip below 0.00000700 and then go up. In...