kingretep

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About me Private trader in the crypto markets
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Markets Allocation
Top Mentioned Symbols
IOTUSD 16% | 1 ETHUSD 16% | 1 BCHUSD 16% | 1 LTCUSD 16% | 1
kingretep kingretep PRO LTCUSD, 120,
LTCUSD: Litecoin Double Bottoms
75 0 1
LTCUSD, 120
Litecoin Double Bottoms

Litecoin tends to consistently test an ascending support baseline with double bottoms. This W formation resolves in both upside and downside which makes it difficult to predict. The current position is poised to go either way. I'm long, but will be exiting this position if we don't see a breakout or early signs of a handle formation.

kingretep kingretep PRO IOTUSD, 120, Long ,
IOTUSD: Iotas next leg up?
217 0 7
IOTUSD, 120 Long
Iotas next leg up?

Iota dipped nicely last week, to around 70 cents. A great buy opportunity which I meant to exploit but was too buy to find the time to buy in! Anyhow, I think Iota is set to grow further. The last time it broke out of a cup formation it doubled in price. I think it's still not a bad time to get in. I'm looking for it to establish a support at current levels and ...

kingretep kingretep PRO DASHUSD, 240, Long ,
DASHUSD: Dash's Double Highs & Choppy Trends (Short then Long)
57 1 1
DASHUSD, 240 Long
Dash's Double Highs & Choppy Trends (Short then Long)

I'm holding off on Dash right now after it's recent surge. Dash has seen 3 great triangle shapes where there has been a surge in price levels followed by a slow decline. On assessment I believe we're now at the top of the biggest triangle (C). Triangles A, B and C all demonstrate the same characteristics. Two clear higher high spikes, followed by a downtrend, ...

kingretep kingretep PRO BCHUSD, 120, Long ,
BCHUSD: Battle of the bitcoins. BCH short before huge gains
571 8 2
BCHUSD, 120 Long
Battle of the bitcoins. BCH short before huge gains

I'm fascinated by the battle between Bitcoin and Bitcoin Cash. I believe that in the medium term Bitcoin will lose a lot of capital to Bitcoin Cash as it grows and wider benefits of speed and cheaper transactions are realised. I expect in the short term, the continued growth of Bitcoin to break 10k and potentially reach 12k by 10th December, will hamper the speed ...

kingretep kingretep PRO ETHUSD, 240,
ETHUSD: Ethereum triangular kite tails
72 0 1
ETHUSD, 240
Ethereum triangular kite tails

Ethereum's historical behaviour shows us some charting patterns that represent triangles that have a high volume of volatility relative to price. Once resolved these triangles break with a large upside move. In sequence the Ethereum pattern looks a bit like a kite flying in the wind with a tail showing all those little triangles before the next upside. Some of the ...

kingretep kingretep PRO BTCUSD, 120, Long ,
BTCUSD: Road past 10k resistance to 12k BTC
63 0 2
BTCUSD, 120 Long
Road past 10k resistance to 12k BTC

We've just seen a 5 day period of consolidation followed by a 48hr $1500 price hike in Bitcoin. More often than not, a prolonged period of consolidation resolves in a big upside move, and the greater probability is therefore that BTCUSD will continue to rise. I think we will hit some psychological resistance at the 10k level and am therefore looking for a good ...

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