Crypto_Ed

Crypto_Ed Updated 

After several questions, I would like to show how I trade break outs....... I see a lot of charts mentioning "buy after the break out" but nobody tells you when to buy and how to avoid buying and seeing the price going back in the previous pattern and cancelling your break out. Many traders call it a "fake break out" but imho its not fake. Such peaks are telling...

Crypto_Ed Updated 

Oh boy......trying to chart the beast BTC :-) In my previous chart I targeted BTC for 4k+, it blasted to there without any reasonable correction. I had expected a 5 waves up towards 4k, but it seems to be a 3 legs pattern which gives me reason to think that we'll see a leg 4 as a sort of correction and another leg up...... The charts for those scenarios,you can...

Crypto_Ed Updated 

I was expecting this pricezone as a completion of a 5 waves up.....But if we stay above the trendline, it may be that we just did 3 waves up and we have one more leg to go. Lets see how the correction will be right now......

Crypto_Ed Updated 

The price reached my targetzone, also showing bearish divergence. I'm expecting a correction to (4) soon. Next wave up leads to minimum 4000, but where exactly depends where 4 will be placed. Short term target looks 3600 for me (fibonacci extensions) but its already forming a trend reversal pattern on lower timeframe

Crypto_Ed Updated 

I just had a look at the chart for XVGBTC 0.00% as many peeps talking about it. IMHO it did a typical first pump, sell off and now trying to find a bottom. I think it might need some more time so it can finish this 5 waves movement. Target would be the blue box from where we can look for a bounce. RSI is telling me, its at the bottom right now, therefore I...

Crypto_Ed Updated 

XLM is showing some weakness in an ABC correction, RSI and MACD about to break the trendline and heading towards the previous bottom. Once near that bottom, we can look for new longs.

Crypto_Ed Updated 

Pretty tricky to make a chart for such a pump, but lets give it a try: Based on Fibonacci, target for leg 3 would be the blue box where we are right now. If (a big IF) we retrace from here, it could go back to (4) for a next leg up. All indicators show overbought and retrace possible (indicators are not leading for me, just a tool). Don't get caught in the...

Crypto_Ed Updated 

Lisk left the down trend and is currently retesting it. First target is top of flat structure but it looks to me, it will fly further. How to trade? Wait for breakout, SL below yellow trendline. More targets can be determined after break out of flat structure. I will update. **trade what you see, not what you think**

Crypto_Ed Updated 

ETH left downtrend and started a new up cycle. Just broke out,wait for a correction. First target is 260, wait for a correction towards yellow trendline. Dont chase candles! Updates will follow on lower timeframe.

Crypto_Ed Updated 

Blocknet is a coin which a bought a few weeks ago because of its fundamentals and I didn't chart before..... We're looking at a nice pennant which might break out pretty soon as lots of developments is going on with Block. Their ICO was 3 years ago and their devs did an amazing job in developing. Block is ready to launch their decentralized exchange where many...

Crypto_Ed Updated 

XRP broke out of the downtrend, retested the trendline and started a 3rd leg up in a total of 5 up. If you missed a good entry, you might a better chance pretty soon. Based on the indicators, I'm expecting some correction after hitting the fist blue zone or maybe earlier when it doesn't get that high. Wait for the price to come back to the blue trendline , when...

Crypto_Ed Updated 

Antshares is in a nice uptrend, keep an eye on the yellow trendline. Break down will bring it towards 4 where it might form a base for leg 5. Funny detail: 5 is determined with Fibo, just like 3 came exactly on the fibo level . 5 is Fibo AND previous top (coincedence?)

Crypto_Ed Updated 

XLM/Stellar is showing a nice uptrend from the bottom. But I wouldn't buy here as I'm expecting a correction after hitting (3) in the blue target zone. Short term traders should wait for a pullback to 4 (exact area of bouncing can be determined later) for a next ride to the next blue target zone. Exact target (5) can be determined once leg 4 has been finished....

Crypto_Ed Updated 

Waves finished its correction and is on its way back up, together with lots of positive developments last days. Broke out of downtrend, now retesting that trend, wait for breakout for leg 5. Target in blue box, based on Fibonacci extensions.

Crypto_Ed Updated 

Wave 4 was a correction to the trendline and bounced nicely and was a typical "sell the news" after lots of hype for Segwit. It seems to me that leg 5 has been started. Broken out of downtrend, space for more upside. More good news coming and leg 5 may just be a zone for some natural correction. SL below trendline for those who use SL in crypto ;-)