GBYTE retesting a diag I scoped out just under a month ago.
9% risk tolerance before it doesn't paint a higher low, so a trade I am willing to take.
Average in 682k sats.
From my earlier chart of DistrictOx breaking out the ascending triangle, we saw 1st target reached (within 2 sats actually) and now we get a classic retest of the old resistance level.
Barring any large moves by big daddy bitcoin, we could be in for another nice pop to the second target level.
Decred sitting perfectly on (well 0.3% off) converging 50 and 100 day MA support.
Back into asymmetric triangle post Binance listing. Loading up here and watching for the 50 day to cross up.
The DNT pumpers are pretty well known at this point (just look at those huge wicks), and District0x has just broken out of the weekly ascending triangle.
Raising volume looks promising too.
Lots of alt looking good, so I've got tight stop losses incase this whole narrative of Bull Trap plays out.
BTC looks to be in consolidation mode. Personally I feel if were we to have another meaningful leg down it would have happened already.
A tonne of institutional grade infrastructure coming in, showing the demand is there. Feels more like a case of when rather than if.
Expect this range to continue until July19, although the sell off was 2x faster than 2014. If a...
Bullish engulfing on the weekly
Stellar has held up incredibly well over the bear market which is promising for any kind of sideways action from the market leader btc
IBM Launch of payments infrastructure in 4 days.
Green targets are current TP levels, but unless there is significant sentiment reversals I'll be putting stop losses there instead of target sells....
Not heard anything about Neo since May, the hype dying down seems to match the price bleed.
Bought yesterday evening at 2473.
Trending histogram on the MACD, with the cross coming i think.
Stoch giving the bullish divergence (although only a slight price drop to accompany the increased buying momentum).
Expect a relief rally up to previous resistance at...
We are in a period of consolidation after a bear trend. The only point you need to reference is the higher low realised at the beginning of August.
Currently unsure as to which way we break but don't let anyone tell you "We are still in a bear trend".
We aren't.
Trade this chop as neutral. Solid returns to be had playing the low risk trades until a new trend develops.
Watching the MACD anticipating a crossover of the histogram and a breakout of the triangle.
From the Stoch, it looks like the bears are maxing themselves out on every leg down. Matter of time until they are overpowered IMO.
I'm bullish on ETH/USD over the short/medium term so coupled with the above we should be looking good for a strong leg up /BTC and/or USD
A lot of fundamentals changed with JD recently but playing the Stochastic RSI before the news would've been very profitable.
Bull Div in the blue gave a nice relief bounce until the Hidden Bear Div stopped the party.
IMO the aggression of the sell off (from a price perspective) once the news about Liu hit, suggests momentum was already subsiding.
I'll be knife...
If the higher low holds, the good FA news with IBM is likely to give a decent relief rally.
If not, I think we are heading straight down to yearly support.
Target buy 783. Super tight stop-loss at 750.
First major target near liquidity pool at 1300. Liking how far the EMA is from the Signal on the weekly.
SNM has been very regular in its cycles since launch, recent price movement looks like it may have started.
Since the dot com bubble sell off, every time the monthly StochRSI has gone below 2, Vodafone has made at least a 30% gain over 12 months.
The blue diagonal shows my current trend bias and I think Vodafone is undervalued for the dividend value it gives and the growth opportunities it can command given its economies of scale.
Invalidated for me at 146. A break...
Cautiously short term neutral but ready to sell as soon as it closes with a new local low approx: 36k
Crossing MACD shaking people out at the moment. Smart sells? TBD.
