FernanEspejo

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BITSTAMP:BTCUSD 41% | 5 LTCUSD 25% | 3 XRPUSD 16% | 2 COINBASE:BTCUSD 8% | 1
42 0 0
LTCUSD, 30 Long
Are we finally breaking the bear channel?

Here's the setup: - Drawn support / resistance levels on the chart (30m is green, 1h is yellow, 4h is orange, daily is red) The darker the colour, the more potent the level is. - Black dotted channel is the bear channel, I've extended this to show how the price action movement should look like in the next couple of days, should we stay inside this channel. - ...

FernanEspejo FernanEspejo LTCUSD, 240, Short ,
31 0 0
LTCUSD, 240 Short
Litecoin short triggered, ready for the dip!

So last time I prepared for a movement either bullish or bearish, and this time it seems the bear won and triggered my short! In a perfect world, the price from here should keep heading down, following the channel downwards, but we gotta prepare for an invalidation too. Here's the game plan: 1. Aim to take profit just above the lower channel to make sure we ...

146 0 1
BTCUSD, 1D Long
Bitcoin - the bigger picture

Looking at the daily chart for bitcoin (I usually trade on the 15m - 30m charts), although we are bearish in these small timeframes, it looks like we are still bullish overall.

FernanEspejo FernanEspejo BTCUSD, 30, Short ,
38 0 0
BTCUSD, 30 Short
Bitcoin overbought on bearish season, time to sell

Bitcoin on the 30 minute chart has been bearish for the past couple of days. The the crossover on Stochastic RSI oscillator typically indicates a drop off, it looks like a good time to sell.

FernanEspejo FernanEspejo BTCUSD, 30, Short ,
40 0 0
BTCUSD, 30 Short
Bitcoin Shorting - wait for the support break confirmation

Bitcoin on the 30 minute chart is showing bullish signs however the consensus still seems to be bearish, so I would be cautious to FOMO enter now. I drew up some supports and resistances on the chart, to show a good level to short (which is right below the support level for confirmation).

48 0 0
BTCUSD, 1D Long
Bitcoin oversold on daily

This could be a bottom reversal sign, it looks like a good time to go short this weekend.

FernanEspejo FernanEspejo GBPUSD, 1D, Short ,
31 0 0
GBPUSD, 1D Short
Bearish Rectangle on GBPUSD

Bearish Rectangle is lower highs and higher lows, which is what it looks like to me on this daily chart. Looks like a bearish continuation sign.

FernanEspejo FernanEspejo BTCUSD, 1D, Short ,
69 0 0
BTCUSD, 1D Short
Three Black Crows on Bitcoin

Triple candlestick pattern on the daily chart. If it completes, its a very potent bearish signal

65 0 0
XRPUSD, 1D
Fib Retracement + Binance Bug = Long Bounce

Drawing a fib retracement on the daily Ripple chart, I can see the candle materialising bang on the 61.8% level. Combined with the recent Binance news which most likely caused the crash, this could be a bullish sign.

FernanEspejo FernanEspejo BTCUSD, 1D, Short ,
582 0 10
BTCUSD, 1D Short
Double Top on Bitcoin

Bitcoin on the daily chart seems to showing Double Top signs. The rule of double top says the length of the decline should be the same length as the neckline and and top. Should be a good time to short

79 0 0
LTCUSD, 30 Long
LTC will bounce on either supports

If LTC breaks the first support, it will bounce on the second one.

FernanEspejo FernanEspejo XRPUSD, 240, Long ,
49 0 0
XRPUSD, 240 Long
XRPUSD Breakout

Lower highs and higher lows could indicate a breakout upwards.

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