deanbyronbay

deanbyronbay

return of the mac

deanbyronbay

oh no!

deanbyronbay

BTC Target 3,300 Head n Shoulders - slippery slide

deanbyronbay

falling knives - wait for count back line confirmation buy signals on 4 hour and 1 hour charts BTC buy Zones $13K $11K $8K

deanbyronbay

Currently consolidating - look for entry signals

deanbyronbay

Recent triangle breakout is consolidating before next surge? First target $4.50 Second target $7.00 Stop loss = below redline $3.10 trade management via 4 hour candle count back line and upward sloping trend line

deanbyronbay Updated 

Small new coins on bitfinex are worth putting on your watch list...just saying... Never buy anything unless you think it will double Or go 10 X!

deanbyronbay

Buy at support - use one hour charts for buy signals

deanbyronbay

Now that the daily candle has dropped below the purple Count Back Line (low of 3rd highest candle) a breakdown is in play. Target is support line at $5000. But bargain hunters count start buying up early at $5500 - to $5200 If everyone is waiting to buy it at $5000 - it probably won't get there - then FOMO will strike and it may bounce hard from $5200 and quickly...

deanbyronbay

BNT is in a down trend. When is a good time to buy? When the down trend is finished and a new up trend is forming. But don't buy too early - wait for the trend to turn and the chart to show confirmation that the down trend is finished. I like to use count back line analysis as a buy signal = buy on the daily charts when price closes above the height of the third...

deanbyronbay

upside = 50% from current area to previous resistance = good risk : reward especially when using stop loss and trailing stops

deanbyronbay Updated 

Change of trend signal Possibly an early call but a risk reward R of 5 is acceptable. 10% downside for 50% upside = R:R risk reward ratio of 5 Buy signal today with a move above count back line green line and using stop loss as break out days low.

deanbyronbay

A prolonged descent seems to have turned with count back buy signals printing yesterday and confirmed today. Use todays low as stop loss level. (Red line) I'm looking forward to the status app launch and accessing all those ethereum based DAPPS. Exciting times ahead!

deanbyronbay

second chance entry above pivot point 0.0054 green line count back line using new low and counting back 2 days height of third day used as entry/stop level now a recent surge has pulled back to this level offering a second chance entry opportunity as long as price stays above green line sell on daily candle close below new uptrend forming

deanbyronbay

Privacy coins are all the rage - Dash, Monero - now ZEC? Buy on breakout. I'm adding to my current position from earlier buy signal - see my trade idea below

deanbyronbay

Count back line analysis sell signal = 3rd high day candle low has been pierced = sell. Buyback at 2800 level?

deanbyronbay

4 hourly charts might be printing a head and shoulders reversal pattern. Lower high right shoulder still forming. IOTA seems to move in sympaty with BTC and BTC is looking weak. I'm taking profits and waiting for re-entry closer to 50 cents. See previous IOTA trade ideas 1 to 4.

deanbyronbay

We may see a swing back to ETH from BTC and Bash. Additionally a possible third "bitcoin" increases ETHs safe haven status.