Guys ZIL is just blowing me away each day that goes by. I am going to be waiting for a significant pull back to enter. Guys tomorrow morning at 10am EST time I will be going live on my YouTube www.youtube.com Please tune in show some love and I will do a detailed analysis on a few different projects!
ELF Is looking good with increasing volume. I am looking for an entry when close occurs above the 55 EMA on 4 hr chart
So as we all know XVG has just been struggling to gain any type of momentum. I think the recent FUD articles about Verge certanily did not help I see a small little rally coming if we can close above the EMAs. I would feel comfortable with an entry from 800-875 Price target 1000 zone.
As you can see this is a very simple resistance that ICON has broken out of. Overall I am bullish at the moment and do expect to see further gains
AE recently broke out of its falling wedge which indicates a strong buy entry in my opinion. 90% of the time break outs of falling wedges continue to see further highs.
STORM is one of my long term holds. Falling out of its recent wedge caused it to go on a major downtrend. AS of not it is sitting on the 200 EMA and i do expect it to bounce from here Entry . 567-579 Stop Loss - 540 If BTC continues to correct and falls out of its channel this will void
EOS is deciding to hold strong against the recent BTC drops. Breaking out of its wedge earlier is an indication of further highs as long as BTC can maintain this support. As far as BTC we have some support at 9250 that is basically sitting at the bottom of the channel it has been trading in
Bullish If the 4 hr bounce off the 55 EMA can hold
Lets see if these targets can be met from my previous post!
So before BTC when on its run from 9,000 to almost 10,000 A lot of Alts where picking up steam. IOTA being one of them. We all see it clear as day that when BTC begins to run traders pull funds from their alts and place into BTC to more than likely keep the BTC value in their portfolios. Thats just my opinion. So when we get some sideways movement most of those...
ZRX is a coin that continues to impress me. It has been following a beautiful trend continuing to create higher highs. I cant imagine this pattern forming again much longer but it could very well do just that. What i have been doing is taking advantage of each pullback to the 15 or 55 EMA for the last week or so and it continues to follow this pattern. Its a...
So the way I like to trade is waiting for close above resistance to show absolute confirmation of the start of an uptrend. Clear wedge forming here but has not been able to break that white line of resistance I have drawn out. If it can get a close above, it does not really have much resistance ahead due to the fact of being a fairly new coin listen on Binance....
So I think if BTC can stay trading in the channel that its currently forming it may be a great opportunity to capitalize on some alts out there. SNT looks like it has broken out of a wedge but again this is all depending on what BTC will do in the next week! certainly something to keep an eye on. I will be posting a few more shortly
We all want BTC to go to the "Moon" I do just a much as the next investor in this market butttt, we need to see healthy growth in this market in order to keep seeing further highs. What goes up hard also falls even harder. We all saw what happened end of 2017. So What I would like to see is some pullback and sideways action trading within this channel. It looks...