Cryptobeginning2012

Cryptobeginning2012

Invested myself. Not financial advice. The wicks hit the bottom for support twice. The bottom rejected twice in that many days. Dragonfly in affect. Entry anywhere on the wick if it is available. .0000119360 is the bottom support line. There has been lots of volume on the sells. This is positive because the bottom didn't break to the downside after the...

Cryptobeginning2012

ZOM has broken upward from the XABC pattern. I am looking at a FIB resistance at 1.22. It sprung up to 1.34 pre market which is great. I am going to watching this carefully as I had trailing stops at .03 increments pre market and did well. Slightly better than expected. Reentered at 1.09 and working the same trailing stop of .03. This will either stop me out and...

Cryptobeginning2012 Updated 

Hey ZOM fans. My trailing stop was stopped out at above 90 cents on the short. The 4-hour candle broke the trend line. This is not a bad thing as a took a position long because the candle close and momentum all went long this afternoon. As you can see from the 4hr chart it is looking good. The monthly is not as good as there could be a potential downside. No...

Cryptobeginning2012 Updated 

With the fib extensions, the price matches up perfectly with the bearish butterfly pattern at .76 cents. One can take this as a great entry point. This will only last a few more days if this plays out as advertised. I have a short position myself covering at .79 cents. Not financial advice. I do like the company and the future looks good. Going long after...

Cryptobeginning2012

Barrish butterfly. Two death crosses = the 20 MA and 50 MA going below the 200 MA on the 4 hours today. Wait to enter after the pattern is complete. In a short position myself. Not financial advice. Lower lows flagged.

Cryptobeginning2012

One might argue Class A Bullish Hidden Divergence with the oscillator making lower lows while the scam wicks and major candle are making higher lows on price. Something good is forming in my opinion. I am long and holding a gigantic bag. Bought it last November and riding it out for greener pastures still. Not financial advice.

Cryptobeginning2012

ZOM is using former resistance as major support. As one other author said approximately 1.48 I think. This is nice if it plays out. Three bottom touches. 31 March is the official full release of their products. There could be some hype tomorrow because of that. We will see. Still long and holding my bag. Looking for a break out of the descending triangle for a...

Cryptobeginning2012

ZOM update. On the 4 hour chart. Hit the 200 EMA. It is showing support. Dipped under temporarily. This is very positive if it holds. I kept my same trend lines from my previous daily chart. Previously said support was approximately 1.77. We are still hovering around that support zooming in on ZOM we see it at 1.69. This is more confluent with the wicks on the...

Cryptobeginning2012

For the daily. Descending Triangle meeting support at 1.77 approximately on a triple touch. One might call it a bullish pennant. I see this staying within range until it breaks the upper trend line. Consolidation will keep happening until a definite move happens either way. Cheers.