Trader-Elisa

Trader-Elisa

Risky trade which will likely only play out if we get a bounce on BTC but a nice 5R is on the table. Price can certainly retest lower in the longer term but hoping for a small bounce and a few percent here.

Trader-Elisa Updated 

Fell off the possible diagonal it was creating although I am not a fan of the validity of these with such a large gap between touches. Price has come back to support on the 70.7 and local low. So far has been respecting fib levels well. When price fails a couple of times to break a level it will typically come down and test out lower lows. Holding now is...

Trader-Elisa

#LTC - just broke resistance. I've jumped in to see if we can start edging back up. If this works it is often a precursor to BTC but we shall see. Stop below the 70.7 fib around 8750 in binance terms. Targets TBC.

Trader-Elisa

#NCASH - just hit my alert on the trendline. A great R trade if it can break and hold. Buy above trendline, ideally on a 4h candle close above or higher, tight stop.

Trader-Elisa

Broken the local resistance with some strength and volume. Watching next resistance - possible unconfirmed diagonal and the 50% fib.

Trader-Elisa

#CMT - Consolidating between two levels. Buy on hourly candle close above 800. There is a small wall at 800 and another at 795 - you must wait for a candle close as these can get pulled out allowing the price a little higher and then get put straight back in pushing price back down. Entry - candle close above 800 SL - 778 (tight below for great R) TP1 - 996 TP2 - 1172

Trader-Elisa

#STEEM - Buy if we break up from the pennant around 1080 sats and close above. SL - 1036 sats or around 1000 sats if you want to give it more space. TP1 - 1236 TP2 - 1435

Trader-Elisa

How to trade this: Long 1. Quick trade: Catch the break of this small consolidation upwards and take profit at the green trendline. Only a 1% move but good R:R with a tight stop below the consolidation. 2. Mid trade: If the green trendline is broken the next resistance will be at B. Take profit opportunity. 3. Long trade: Hold to the 161.8 or D. Keep watch on...

Trader-Elisa

LEND has been consolidating here for a while on the 38.2% fib and on top of the Ichimoku cloud. With increased volume over the last couple of weeks and a good volume profile for a cup and handle pattern, this may be leading to breakout.

Trader-Elisa

Another dragon pattern idea similar to the one we saw play out back in July prior to the inverse head and shoulders.

Trader-Elisa

DCC back to long term trend support and in an ever decreasing falling wedge. RSI has rebounded well, and MACD looking for a firm cross on the 4 hour and daily. Previously fell to the large 88.6% fib support, and since the last rally fell again to the 88.6% retracement. Looking for a bounce here and break of the wedge.

Trader-Elisa

Double top didn't follow through. Possible ascending triangle under development, I still think there is another wave to come.

Trader-Elisa

Symmetrical triangle is coming to a head on the near term. Targets are around $300 in the directions of the break. On the upside 6500 would be more likely, while on the downside this would take us back to the trend line running through the two lows of June and August. Looking at an inverse head and shoulders on the RSI and up ticks on the ADX. The EMAs...

Trader-Elisa Updated 

ETH - pretty damn close to meeting my harmonic target - not a textbook defined harmonic but one with a set of retracements I recognised from charting LINK. (Randomly!) I would expect a rebound from a harmonic which has met support (78.6 of larger move) initially to 50% of the CD leg - i.e. around 0.063, which coincides with the 61.8% fib on the larger move and...

Trader-Elisa

On the hourly we are looking at a falling wedge and Chuvashov fork set up. We have yet to break out but the fork shows the increasing buy pressure. This is supported by the MFI, CMF and Acc/Dist indicators. Looking for further accumulation at this price level, coupled with a reset in the RSI back to trend, to gear up for potential break out. Look to buy on...

Trader-Elisa

Quick repost of this 'educational' idea. Still moving on from first target. Second target at 10k although I'm sure we'll need a decent correction prior to that point.

Trader-Elisa

Bullish Bat in green and Bullish Crab in blue (the bull is the bounce!) Interestingly, the Crab matches the long term trendline - broken previously, running from November through the February low. The pink ABCD pattern takes us back to a possible trendline (2 points unconfirmed as yet). Remember these patterns need to show a firm bounce from the pivot point to confirm!

Trader-Elisa

Just a quick one - waiting to see if it holds this trend and can break the upper...