davec83

davec83 Updated 

LRC is showing a bullish pennant formation. Pennants are not very reliable, but given the current volume momentum, I believe we will see higher prices. I plan to enter this trade only after the breakout AND if price action stays above support. If you have already entered, please use a stop loss. Entry: 5800 on breakout confirmation TP1: 6500 TP2: 7400 TP3:...

davec83 Updated 

I believe tron might have reached a zone of accumulation, there isn't much history to see past price action, but I feel cautiously bullish. I'm not getting in on this trade until there is CONFIRMATION. If you are in or planning to get in, please use a stop loss, we don't really know if this level of support will be respected. Anything can happen, but I'm leaning...

davec83 Updated 

Everything indicates BTS is heading for new heights. The chart is easy to read, no BS. I would consider a good entry between 1700-1999. Please wait for BTS to turn around after it's done correcting. *Not intended as trading advice, this is just my opinion, use your own judgement when trading real money.* Potential Entry: 1800-1999 TP1: 2925 TP2: 3399 SL: 1690

davec83 Updated 

Chart is self explanatory. Some people say we are going up and others say we are going deep down... I say we let the the market decide which way it's going. So far the bulls are (barely) holding bitcoin above the trend line, we are days or weeks (at most) away from knowing which path will bitcoin take.

davec83 Updated 

Char is self explanatory. We're weeks if not days away from knowing whether bitcoin will turn around or continue on the bearish trend. We are close to reaching the apex where key support (trend line) and key resistance meet. What happens here should tells us what direction bitcoin is going for the next few months. Please do not take this as trading advice. This...

davec83 Updated 

What you are seeing here is a bitcoin fractal between September 2017 and now. It's not a perfect fractal, but the overall movement is very close. The trendline in blue is the same for both charts. I'm cautiously optimistic that bitcoin might bounce off support. I'm fully aware that if we cross below support then we might have a bear continuation for months to...

davec83 Updated 

Chart is self explainatory. Views are my own. NOT trading advice. I have been following this for a while and the pattern is playing so far as expected. I think that what happens in the next few days/weeks will define whether we are going bullish soon or whether we continue the bearish trend towards the $3000 level. If we retrace all the way, that would indicate...

davec83

Chart is self explanatory. Not intended as trading advice, these are just my thoughts on ADA at this point. Scenario A) Bearish scenario. ADA continues the downtrend and reaches support around 1200-1400 sats. A strong bounce and potential trend reversal may occur here. This is a higher probability scenario IMO. Scenario B) I think a bullish scenario at...

davec83

There are several signs to "confirm" with high probability a trend reversal. The most important signs beside price action are: rounded bottom formation, wedge breakout and volume momentum. There should be a slight pull-back before going up, therefore I would wait for a lower entry point (37,000 right now) Entry: ~34,000 TP1: 44,000 TP2: 52,000 TP3: 58,000 SL:...

davec83

We are getting the first signs of a potential trend reversal. There is a not-so-perfect inverse H&S formation and an increase in volume. This is not intended as trading advice, like always please use your own judgment when trading. Entry: <800 TP1: 957 TP2: 1075 TP3: 1229

davec83 Updated 

There is no butterfly formation just yet, but it looks like a good possibility. This trade idea is just for fun, I'm not in until I see it bouncing off support and reversing current minor trend.

davec83 Updated 

SALT bounced off support and it seems to have reverted the trend. This coin might go down to 41-42k are before reaching 57k and potentially more. ENTRY: 42k-48k TP: 57k

davec83 Updated 

Seems to be respecting key support level. Should cross 1800 and more soon.

davec83 Updated 

When moon sir? Not yet, but ADA is getting ready to consolidate and then bounce off strong support. ADA completed a clean 8 wave cycle and it should begin consolidating soon. Please use the think blue line as your SL strategy, if we go below that strongly, you might want to reconsider your position. Targets: TP1: 3500-3700 TP2: 4500-4700 TP3: 5500-5700 TP4:...

davec83 Updated 

NXT is a good project and we have seen it move like this a few times. History tends to repeat itself. If we go below 1800, I will be laddering in. This is not a trade yet. Get in near the entry point. If/when it happens.

davec83 Updated 

Completed C&H, with breakout. Entry: < 3300 SL: 2900 TP1: 4500 TP2: 5200

davec83

Factom broke-out of the falling wedge pattern, this is a clear bullish move and a good opportunity to go long. Entry: ~0.00320 TP1: 0.00350 TP2: 0.00409 TP3: 0.00520 SL: Previous resistance trend line This is not trading advice, please use your own judgment when trading real money. If you are newish, then paper trading is a great way to get started.

davec83 Updated 

Monero is nearing the apex of this contracting triangle, I'm leaning more towards a bullish outcome, maybe 60% bullish, 40% bearish. If XMR break up, then we should be hitting a new ATH, with a potential target of 0.042 BTC. If XMR breaks down sharply, then it's a possibility that the cycle might be over. This would be a great shorting opportunity! All the way...