VIB continues to be very good to me and reminding me why it is my favorite coin to trade. After shorting on the way down and buying back in, VIB has had another push of around 20%. I am now exiting my position to buy back in on the retrace. Will be watching the 2350 and 2200 levels for possible entries when it retraces.
XDN after a recent large push and 100% retrace has found its overall up trend line and respected it. The trend line has been respected multiple times from early April so i feel it is quite strong. It is now also push price into an ascending triangle with a key 4 hr resistance above at around 164 sats. I am hoping this will push up and have a positive break out to...
BTC after gradually moving up and testing the 10k level has had a pretty decent pullback and has found the long term overall up trend line and bounced. After retracing to between the 38.2 and 50% fibs it has now dropped quite sharply again. I am hoping that it will create a higher low here and move back up to retest that short term down trend line and the next...
After completing the ABC correction, TRX has had a nice recovery and jumped back above a 4 hr support and also the up trend line. Currently sitting right on both it seems to be retesting these now. If we get a close above both the 4 hr support and trend line here i expect TRX to retest some minor resistance at around 915 sats. With the main net launch happening...
Zrx has been looking very strong recently and seems to be forming an Elliot wave. Currently potentially completed wave 4 and also forming a symmetrical triangle which could signal a break. Entering from the bottom of the triangle to previous structure for roughly 15% gain or waiting for more confirmation buying after the break in the triangle, i feel like this...
Sia coin after the big spike recently has formed into a symmetrical triangle and is getting squeezed into a corner. Sitting right on a 4 hr support and very close to hitting the overall uptrend and I am hoping will will get a break up to retest daily resistance at around 300 sats for a 10% gain. Watching very closely for a bullish engulfing candle off the trend line.
Eboost like most things has had a fairly big drop due to BTC dropping from the 10k resistance. It has retraced down to the 61.8 fib which is right above a daily support level. The overall uptrend is also not far below roughly around the 78.6 fib. Watching this closely for a bounce off of support/61.8, or a further retrace to test the trend line.
Entered into DGB as it was looking decent for another push. DGB has been respecting its new trend line on multiple occasions and seems like it will continue to do so for the time being. After breaking through a 4hr resistance and retesting, I made an entry. A bullish engulfing close on this 4 hr candle could indicate it will head up to retest previous high at...
Looking at Fibonacci for an entry on ZRX and picked up a really nice bounce off the 61.8%. Looking for it to continue to push up and retest the previous high. Either forming a double top or breaking through and continuing up. Looking at taking profit at previous structure.
Vib has broke out of the channel it has been in for some time. It has also opened and moved below a key 4 hr support. If we get a close below 2199 then i will be shorting my position and looking to reenter at a lower price. Target may be around the 2015 mark.
ADA has made significant gains recently as the market has started to become more bullish. Right now with BTC trying to make a decision on whether it's going above 10k or back down to retest support, ADA is sitting right on a 4 hr support level at 3612. If it can hold here and BTC continues moving sideways there may be a decent entry off support for around 10%...
XLM has come back down and is now at a key support level. It also is about to touch the uptrend line it has been following for quite some time. If BTC behaves there could be an entry here for a 9% gain up to previous structure. We need a close above the support at 4344 and a bullish engulfing candle for confirmation. Watching closely.
Got into powr last night as it was forming a symmetrical triangle with the trend line. Sure enough a breakout happened overnight but it did not quite reach my sell target. It has no retraced and touched the 50% on fibs. Hoping for a bounce here up to my take profit target of 6447.
After breaking out of the down trend recently, bitcoin has found a new trend line and started making its way back up. It has respected the new up trend line a few times and could potentially be forming wave 5 of an Elliot wave. If we can get a close above 9400 then we should continue up to retest the next resistance at 9700 and hopefully move further up to...
GNT has broken out of its downtrend and has potentially found a new up trend which has been respected since before the breakout. Sitting above a daily support and just about to hit the trend line we may see a bounce here to retest the next 4 hr resistance at 6528. Watching closely for some more confirmation.
MCO seems to have found a new trend line and has respected it multiple times. After that huge spike it has retraced back down, found support and held. It is now getting very close to that previously respected trend line and we may see another spike if it is respected again. Short term target 8%. Possible longer term take profit before daily resistance at 171385.
OMG after that huge spike has found a second new higher level of support. It is repeating a similar pattern of consolidation which happened just before the most recent push. There is a potential new up trend that may form if it hits and bounces here which will send it up to retest a daily resistance at 193233 sats. Watching closely for a bounce off the trend line.