stormx666

stormx666

Now I'm absolutely sure that BTCUSD will hit 6300-6400 (major trendline support), the main question is if we fall through that or rebounce from there. 5500 is a a strong support. Don't be fooled by dead cats bouncing. In the meantime, get ready your cash you got from granny for Chrismas!

stormx666 Updated 

Many other traders call the 8k target for BTCUSD. I simply connected the uptrend channel with the current bearish/correction channel and voilá. However, big money may want to prove us wrong so if we get above 15k, we might go bullish again. Beware of bulltraps though and watch out for ultra cheap alts at 8k.

stormx666

BTCUSD is still struggling which way to go. It is testing the resistance of 9400 for the second time, also we are at the bottom of the uptrend line (marked with thick green). If the resistance breaks, we are probably heading down to the 7500-8200 area. I actually suspect a reversal from there. It is highly unlikely to go below 6500 and I strongly disagree that we...

stormx666 Updated 

There are more things to consider when looking at the current LTC chart. First, we have fallen into the original uptrend channel and we are close to the support line, which is actually a good entry point. However, this also seems like a falling wedge so if we are not able to breach the blue marked line, I would wait as we are likely to fall down to 140. At $140...

stormx666

XVGBTC price continues to bounce amongst lower and lower volume. I expect lower prices before breakout upwards.

stormx666

TRXBTC had a massive rally yesterday and had a bit of a correction since. It seemingly likes the uptrend line I draw earlier (now marked with blue). I think it will further correct below 700 (around 670 to be exact) before the next rally. Seems like a good daytrading opportunity. Entry: 670 SAT Stop Loss: 620 SAT 1st Target: 800 SAT 2nd Target: 1000...

stormx666

BTCUSD correction occured as it touched the bottom of the uptrend line. It is a very healthy correction, nothing to worry about yet. We may see if it will test the ~9300 levels or not. If we plunge below 9000, we will experience a deeper correction. This is a great buying opportunity so far. Major support levels at 8000, 7200, 6000.

stormx666

Today TRXBTC fell almost to my desired target - 479 low Chartists know that support levels attract price like magnets. During the night TRXBTC might test level 500 again and if it breaks, more dip is coming. If not, reversal is almost certainly confirmed. Support levels are at 1000, 800, 570, 500, and 430.

stormx666

Failed to hold 3 times in a row, now continuing to fall to the next support level which is 573. Sad news guys.