Looking at the shorter term we might see a reversal. I am looking to see if we break the key resistance. if we break it we may reverse at the next resistance level. Just look out for reversal signals at these key price points. This is not an investment advice but just use as a reference. Personally I think we are starting wave iii of 1 of (3) which would mean...
Trying to see if this is a beginning of wave 3 which could take iota to many $'s or if this is wave B of 2 Just trying different stuff out and using this as a practice.
Please use this as a reference - this is not a trading advice. Too many things are aligning for me to ignore... Please comment for questions
just some thoughts on ETH USD... Not really sure where it will go. I am just keeping my mind open for any scenario. Depending on what unfolds I will start to make my move. If it breaks out wont fomo buy until I see a good retrace. If it breaks down to lower price levels I will look for clear reversal signals before buying in. best of luck to everyone...
so BTC broke the major downtrend line in my previous analysis and followed the grey arrow. Now we see a pretty significant reversal signal in 4H timeframe. Might be a good idea to sell a part of your position to enter lower later. Please comment with any questions. Look out for key reversal signals at each of the key supports/resistance levels - (like the RSI...
LTC is looking interesting. likely to go sideways for a bit as market is trying to decide what to do... currently holding with stop loss Will add more later have to sign off for the night.
Here are my thoughts on QTUM USD. Again amazed by how different fib levels and price actions clearly align. At these key levels look out for reversal signals (RSI DIV, other oscillators or indicator divergences are my favorite) Please use this as a reference to guide your QTUM/BTC trades. I like to chart in USD base as it removes BTC fluctuations and most of...
Here is an update to my previous XEL -0.94% USD analysis. Please use it as a guide. look for reversal signals at key resistances and supports. ( RSI divergences are my favorite) This is just for educational purposes and is not trading advice. Please just use as a reference to make your own trading decisions! All of this is just an educated guess at best......
My previous analysis had wave counts/ fibo levels that were not best aligned. I've updated it here. Please use this as a reference. Important thing is looking for key reversal signals at these key price levels (supports and resistances) My favorite reversal signals are indicator divergences (RSI/MACD + many others) or volume picking up with strong buy...
Hi all Here is an update to my previous XEL USD analysis. Please use it as a guide. look for reversal signals at key resistances and supports. (RSI divergences are my favorite) This is just for educational purposes and is not trading advice. Please just use as a reference to make your own trading decisions! All of this is just an educated guess at best... No...
I am just getting started and learning about EW. This is just a practice and should not be used for investment ideas.
Hello all. Taking a crack at the king. Very hard to predict as strong fundamental changes can swing the price in any way. Please use this as a reference - this is not an investment advice. Please comment if you have any questions.
I am charting in USD to get rid of any BTC fluctuations. I find that the fib levels and price action aligns well against USD. For this idea I think OK Cash has been pumped whole lot and needs to cool down. A lot of chart elements are lining up against it signaling a correction. Look for reversal actions at key supports/ resistances - noted in colored boxes here...
Trying out my charting for FCT. I like to chart in FCT-USD pairs as it removes any BTC fluctuations and price action aligns better with fib levels. please note that this is not a sound prediction just an idea. any trading decisions should be made on your own. What i would do is set up alerts around the key support resistance areas - shown in green and red boxes...
Trying out a new idea. Interestingly XVGUSD was very similar to XVG BTC so trying out the BTC pair instead. For this trade, might be a good idea to wait for it to close above the pivot resistance to buy. It could bounce off of the resistance and come back down to support. I bought in at 110 Satoshis with stoploss right below the key support at 105. Very tight...
Hello all, I hope these charts help to inform your trade decisions. All the info is in the chart. please let me know if you have any comments or questions. Always use stop losses to minimize loss. Your hard money lost hurts a lot more than missing out on potential gains... There are always future opportunities. I am learning this myself the hard way.... Also...
Just an update to my previous idea. Hope you enjoy. All explanations are in the chart.
This is an update to my previous idea. Currently bouncing off of major support which is also a critical fib level 618 I would buy once clear upward movement is shown - higher low and higher high in 1hr time frame is the safest but may miss out on maximizing gains. It might be worth buying with a very tight stop-loss right below the major support.