samsefc

samsefc

the FOMC hawkishness didn't do good to any risk asset and Crypto definitely behaving more like it as years pass .. Definitely in a downtrend the past few days, we are approaching the 50% retracement of previous impulse which should definitely be a good area to start buying. Funding on binance bounced back to the usual 0.01% from flattish the past few days,...

samsefc

Today, I am going to do an analysis of one of my losing trade. Although winning feels rewarding, if you want to improve, there is no better school than reviewing a setup that failed - understanding where it went bad and what would have been the best solution, was there any mistake? This is a personal introspection of how i felt during the trade, why i entered the...

samsefc

Still waiting for confirmation for this trade, if the price manages to break the current resistance (previous support area), then I will enter a long trade @0.03ish with target price @0.038 which is the first fibonacci extension. At the moment, we have a full Elliott waves pattern (8 points) with a perfect correction at the golden ratio: 0.618%. ZEC showing some...

samsefc

Upward Channel started early April and failed to be continued earlier last week. However, Steem has the perfect set up for Elliott wave, 5 waves with the first impulse / retracement 0 - 1 - 2 giving us the levels of the two following impulse waves. I can now see 2 possible corrections, my strategy on this one will be to buy some at 50% retracement and will buy...

samsefc Updated 

Here a set up I will probably be trading on the 4 hours chart. A upward channel has taken place for the past 7 days and we do see what could be a bounce to reach the upper limit in the near future. I can see a bullish RS divergence and the macd almost crossing over on the 4 hours chart which I believe shows that a reversal might take place. Although the volume is...

samsefc Updated 

Strong candle rejecting the bears above the 55EMA. divergence on RSI spotted yesterday is now confirmed and there is a strong support trendline on the RSI oscillator. I believe the Target price will be 0.008521 - extracted from first wave fib retracement.

samsefc

I shared yesterday an idea which i am still trading, updating it now with micro analysis of the elliott waves. I can see two possible retracements: Yellow and blue - flat and normal. I personally don't see the flat one as a potential one since: 1) the low is a micro crash which you can see on the 1minute chart and thus has no real value. 2) we can identify the...

samsefc Updated 

healthy retracement of NEO over the 15 minutes chart. RSI divergence and MACD looking good. close price is over the 3 EMA (13/21/55). After a day full of blood in crypto, it seems the bulls are taking over again! :) entered a trade few hours ago, at 0.008171, let's see how it goes!

samsefc

RSI divergence spotted and MACD cross over on the 1h timeframe. 15minutes timeframe seems even more bullish with first phase hitting the 55ema to bounce back on 21ema, perhaps entering the second phase of the ABC correction pattern?

samsefc

potential divergence on XLMBTC on both RSI, MACD and potential double bottom + reached the 50% retracement zone . rallying to 3957 might be the trigger if both rsi and macd signal a trend change with Target 5000-5400 range

samsefc

waiting for 50-62% retracement to enter a favorable trade. confort in this zone as this is a zone with a lot of activity in the past months . several tops and bottoms identified laddering the buy will be key

samsefc

btcusd oscillating in a channel - currently in the 4th waves

samsefc

4th elliott wave on the way, potential buy zone around 450

samsefc

after finishing the 5th elliott waves, we can see a bull trap and the usual retracement should take place and be 50%/62%