davec83

davec83 Updated 

Hey there! Here's a brief but to the point analysis on itcoin. As you can see, bitcoin is on track towards a zone around $9350s (point D) inside the small parallel channel (cyan dotted lines). At this point I don't believe there's enough strength in BTC to breakout, which gives us a good opportunity to short BTC. Bitcoin *should* bounce off the down trend line...

davec83 Updated 

Clear, simple chart. You can enter near support (less risk) or after it breakouts (momentum trading). Entry: near 4370 or at breakout above 5000 TP1: 5770 TP2: 6494 SL: 4261 Thumbs up if you agree! * Not intended as trading advice.

davec83 Updated 

FUEL is showing clear bullish signs and I believe it's in a new markup phase. Entry: 1050-1100 TP1: 1199 TP2: 1293 TP3: 1400 SL: around 990 *Not trading advice* Thumbs up if you agree with the idea. Comments are welcome!

davec83

SImple trade idea, details on chart. Not intended as trading advice. Use your own judgment when trading real money. TP1: 16719 TP2: 19341 TP3: 24046 Thumbs up if you agree! Use a stop loss, and don't forget to take profits. This is a short-mid term idea.

davec83

Simple chart, simple trade. Thumbs up if you agree! Not intended as trading advice.

davec83 Updated 

Bitcoin went up faster than I would have preferred, 45% in just 12 days. A correction of some kind was due. Bitcoin touched the resistance trend line AND it was overbought on the RSI. At the moment of posting this chart, bitcoin is still around the area where support, the trend line and the 200EMA converge. This area of support is between $8600-8800. Next few...

davec83 Updated 

I'm seeing several factors that make me cautiously bullish on bitcoin. We have actual support based on recent price action at $8730 AND 200EMA acting as strong support, at the same time selling effort on the daily chart has been drying up. I'm obviously cautious about this analysis, but right now , the chart is telling me that we will continue seeing higher lows...

davec83 Updated 

Bitcoin just broke out of the ascending triangle formation, there are two key levels of resistance at $9470 and $9900 respectively. I remain cautiously optimistic that bitcoin will break these two levels as well. Support is now $8900-$9050. Let's see if bitcoin can stay above it. My last bitcoin chart played out exactly as charted, maybe the luck is on my side...

davec83

Litecoin seems to be gearing up for a breakout sooner rather than later. Best way to trade this is to go in after the breakout and if prices stay above support (what was prior resistance) Entry: After breakout and resistance becomes support TP1: 0.0204 TP2: 0.0218 TP3: 0.0235 Stop loss: 0.0163 or below support after the breakout. In the case of a failed...

davec83 Updated 

Bitcoin Gold seems to have found a bottom, although there is no price history to confirm this, we are seeing bullish divergence on RSI, less volatility and an increase in trading volume, these signs could indicate the beginning of a new accumulation phase. I'm not trading this until we actually breakout out of the accumulation zone, but if you prefer to buy low,...

davec83

Edgeless is in the accumulation zone, you can trade this now of after breakout above 9500. Good R/R. Entry: 7000-9000 for set and forget Preferred entry: 7000 or after breakout 9500 TP1: 10900 TP2: 13000 TP3: 17000 Thumbs up if you agree! * Not intended as trading advice. use your own judgment when trading real money.

davec83 Updated 

Chart comparison between 1982-1987 to 2014-2018. A large correction is likely to come sooner rather than later. Thumbs up if you agree! What do you think? Please leave a comment.

davec83 Updated 

Nem (XEM) is currently on the accumulation phase of the cycle. This should be a safe(ish) zone to enter the trade. Chart is easy to read, targets are marked in green. I would probably use a stop loss around 2800s. Entry: 2900-3300 (the lower the better obviously) SL: 2600-2800 TP1: 5000 TP2: 6200 TP3: 7400 Not intended as trading advice. Use your own judgment...

davec83

Chart is clear as water. I'm currently trading this with a SL slightly below support. Crossing about 1180s would be a good indication of another leg up. Entry: 1050 - 1184 TP1: 1500 TP2: 1796 TP3: 2199 SL: <995 Take profits, don't HODL. Reached SL? get out. If you agree with this idea please give thumbs up! Would love to hear what you think in the...

davec83 Updated 

Tron is currently on the markup phase, or so it seems. We should be seeing rapid price action and volume in the next few days. If you are trading or are planning to, please use a stop loss. I think around 430 would be a good place, you could also use a tighter one, around 460 if you prefer. Entry: 480-520 TP1: 696 TP2: 877 TP3: 1200 SL: 430/460 Take profits,...

davec83 Updated 

Dash could be presenting us with a safe trade. There are several reasons to believe this: 1) falling wedge breaout 2) Increase in volume 3) RSI looks positive Details: Entry: 0.0424 - 0.0459 SL: < 0.041 TP1: 0.0492 TP2: 0.0543 TP3: 0.0637 Please use a stop loss, this one is easy, you can use a tight SL and if it crosses, that's ok, just jump back in when we...

davec83 Updated 

Bitcoin went higher than I initially expected and it cross the range's resistance point at $7500. Given the strong momentum, I expect to see $8200s and even $9100s. If you are trading long, please use a stop loss.

davec83 Updated 

Bitcoin is currently moving inside a defined parallel channel. On a larger timeframe, we can also see a defined range with support around $6600 and resistance at ~$7170. I believe we should see high 7100s in the next few days but ONLY for a brief period before dropping to a level within $6400-$6600. Crossing above $7500 or below $6400 would be considered a...