ruud_one

ruud_one Updated 

This is the weekly chart on Loxo Oncology. This biotech focuses on cancer treatments by targeting genetic mutations that create protein chimers that lead to unregulated cellular proliferation. In English, and very simply, imagine a copy machine. When you press 'Copy' you should get one duplicate of the item you want copied. Cells have similar systems where a...

ruud_one

Price continues in a range bound pattern. This could be a sign of accumulation, look at the big volume spike in September, or the bears could just be resting before mauling price again. Given the stability in price over the last 2 months my suspicion is this is the bottom and I have been averaging into a long position since about $300 (I was a little early to...

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This is the daily chart on Twitter TWTR. The Head and Shoulders formation has played out to some extent as we are now well below the neckline in pink. $28 acted as support for a time but has now flipped to resistance (black line). I've sold the put options I was holding and taken profit as the chart looks indecisive, especially with earnings coming up on 10/25....

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SPY with 1 week candles. Today we convincingly broke the ascending channel SPY has been trading in for the last few months. Parabolic SAR has flipped bearish. RSI and MACD both have lower highs. MACD also now has a bearish crossover. Price appears to be in a double top type formation. All signs point to further price decline. The market looks weak with...

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TL:DR - Price action is giving mixed signals, I will not take any more profits until price gets near $9k, looking to buy between $7200 and $7000. This is the BTCUSD chart with 1 day candles. As is tradition Bitcoin has rocketed higher without the slightest hint of a pullback, merely a few days pause. The 2nd Inverse Head and Shoulders I pointed as a...

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TL:DR - Expecting range bound activity for the next 6-12 months. Currently at the lower end of the range which is a good buy opportunity. This is the ETHUSD chart with 1 day candles zoomed out over 8 months. For the last month we have seen range bound action in the price of Ether. The high being around $500 and the low around $425. I meant to post a bullish...

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TL:DR - Took profits at $7350 and will take more if price reaches $7730. Looking for completion of a second inverse H&S that could take price to $9k. This is the BTCUSD chart with 1 Day candles. In my last chart I discussed the forming inverse Head and Shoulders formation which played out beautifully. Price quickly hit the conservative target of $7350 and...

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TL:DR - Hoping for an inverse Head and Shoulders reversal in the next week. If price breaks out on heavy volume look for $7730. If price breaks out on low volume look for $7350. Beware the wounded bear. This is the BTCUSD chart with 1 hour candles. On the daily the $6000 support line was penetrated but on the weekly this support level was held...so far. The...

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TL:DR - Double bottom shows strong support at $0.93, expecting range bound/sideways action for the next several months This is the IOTAUSD chart with 1h candles. Here was my TLDR from last time: Like the rest of the market, Iota is looking to set up a bullish descending triangle/double bottom. It really is amazing how market psychology reinforces certain...

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TL:DR - bullish signs appear at strong support levels, a close above $490 would give me confidence this is not another bull trap. Unfortunately volume is lacking to be confident in this positive price action. I expect range bound trading for the next 6+ months. This is the ETHUSD chart with 1D candles. It's been a while since I have updated because until we...

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TL:DR - Set up for another short squeeze as fear overcomes the market. This is the ETHUSD SHORT graph with 1 D candles. Anyone feeling deja vu? Because I sure am. When Ethereum went from $574 down to $492 on 5/28/18 we saw an all time high interest in shorting Ether as seen in the first blue oval. If you read my post here you'll see I called for a short...

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TL:DR - Long opened at $451 in a high risk trade but not as high risk as buying at $545 just 2 days ago. Stop loss at $430. This is the ETHUSD chart with 1 Day candles. For many, the last 24 hours have been very difficult. We saw promising price action with a bullish move off of a strong support area, a bullish double cross of the 5 MA and 10 MA, and several...

ruud_one Updated 

TL:DR - Buying at $450 or $545 given the current mixed signals. This is the ETHUSD chart with 1 day candles. I haven't made a chart for about a week because of work getting busy, let's see what's formed in this time. On 6/14 I opened a long at $486. Price moved all the way up to $530 in one trading day but my target was $545-550 and as we didn't reach...

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TL:DR - Like the rest of the market, Iota is looking to set up a bullish descending triangle/double bottom. This is the IOTAUSD chart with 1h candles. On my last update there was a classic sell the news event where Iota finally announced details around Qubic and saw a drop from a high of $2 to a low of $1.74, about a 13% loss. This set off a multi-day bear...

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TL:DR - We broke the sideways channels and now look for support to stop our fall. Also we wait for main-net launch in 1-2 months. This is the ZILETH chart with 4h candles. Since my last write up Zil briefly pierced the sideways channel resistance line but has since been in a free-fall in terms of value vs Ether. We are now looking for some sign of support. ...

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TL:DR - These prices are a HODLer's dream, I am buying for the long term. If I wanted to trade I would look to take profit at $45.50 and again at $53 but this buy is for HODLing. This is the chart for Neo with 1 Day candles. Here is what I said last time: "I'm going to be blunt, this chart scares me. Whereas Ethereum, Bitcoin, OMG, and many others have formed...

ruud_one Updated 

TL:DR - My long from $486 is still open with a target at $550 or wherever we intersect the dotted red short term downtrend line. This is the ETHUSD chart with 1 day candles zoomed out. Quickly I will just say that I got nervous and almost closed my long this morning when price hit $470 but I decided to stick to my plan and leave the stop loss at $447. I have...

ruud_one Updated 

TL:DR - Long after the formation of a bullish pin bar off of predicted support at $450. Stop loss at $447. If price gets to $381-$400 I am all in. This is the ETHUSD chart with 1 day candles. The broader symmetrical triangle that has been on my charts for months remains intact. After price consolidating for 7 days it finally made a decision and broke...