NicoDaCheeko

NicoDaCheeko Updated  Jun 6, 2024

Bitcoin is currently $71,200, and is encountering resistance between $71,180 and $74,000. I used the Fib Time Zone tool, in combination with Elliot Waves to further clarify the beginning and the end of a bullish or a bearish trend. Coincidently, the time it took for the last two wave to play out was exactly the same (17 days). Bitcoin is in an uptrend at the...

NicoDaCheeko Updated  Jan 2, 2023

Basis for this long trade idea: * A Head and Shoulders chart pattern on 4 hr time frame. Target for trade: 0.0763 Take Profit points: 1. 0.0736 2. 0.0747 Entery Point: 0.0713 Stop Loss: 0.0688 Risk:Reward Ratio: 2.0

NicoDaCheeko Updated  Apr 26, 2022

Both Dogecoin and Bitcoin Chart Pattern: - Upside-Down Head And Shoulders Doge: (15 min chart) Price Target: Between $0.1485 and $0.1510 Resistance: $0.1475 Support: Between $0.1320 and $0.1350 Bitcoin: (1hour chart) Price Target: Between $39,100 and $39,750 Resistance: $38,360 Support: $34,600

NicoDaCheeko Updated  Apr 26, 2022

Dogecoin 4 hour chart Pattern: Descending Triangle Enter Trade: Now Price Target: $0.1950 - $0.2150 Stop Loss: $0.1195 - $0.1060 Take Profit Targets: - $0.1540 - $0.1650 - $0.1830

NicoDaCheeko Updated  Apr 26, 2022

Doge on the 4 hour time frame, I have identified multiple patterns, (each one is indicated on the chart in different colors.) These patterns have very similar price targets Which makes me more confident in potential success of my trade set ups. Indicators: 200 EMA (red) 50 EMA (green) The 50 EMA is currently holding down the price, but a break above it should...

NicoDaCheeko Updated  Apr 26, 2022

Dogecoin Long Trade with Price Targets (1 Hour Chart) Chart Patterns & Price Targets: Bull Flag - 0.1680 Double Bottom - 0.1638 Inverse Head & Shoulders - 0.1578 (Green support zones) (Red Resistance area)

NicoDaCheeko Feb 4, 2022

BTC is breaking out of the falling wedge pattern on the daily timeframe. If today's daily candle closes above it, there is a good chance of a $43500 resistance test. There will be a lot of sell pressure, so well see what ends up happening. The Stoch RSI is still very high, but it does look like it could print another buy signal. I am cautiously optimistic right now.

NicoDaCheeko Updated  Jan 28, 2022

Tesla Daily Chart The last few times, the RSI on the daily chart went under 30, it signaled the bottom of the downtrend, as well as a reversal to the upside. I suspect Tesla could go down to $780 (Next Major Support) before bottoming out. The RSI hasn't yet gone under 30, but it is very close. I also use the De-trended Price Oscillator to help Identify tops and...

NicoDaCheeko Updated  Jan 28, 2022

Previous Double Bottom Pattern (Invalidated) New Pattern: Symmetrical Triangle Price target if breakout to the upside: $168- $169 Price Target if break to the downside: $150- $151 If Price Breaks Above Top of Triangle: Wait for a Retest (to confirm support), Then Enter Long If Price Breaks Below Bottom of the triangle, Wait for a Retest (to confirm...

NicoDaCheeko Updated  Jan 28, 2022

15 Min Chart Pattern: Double Bottom Date: Jan 26th Time: 1:36 PM EST Neckline 1 (support): $0.1450 Neckline 2 (Resistance): $0.1530 if: Price Breaks above $0.153 - Look for a Re-test of Support (neckline 2) Then: if re-test is successful - Enter Long Price Targets: - $0.17 - $0.1780 - $0.1860 200 SMA: Currently at $0.14 Strong Support Zone: - Between $0.12...

NicoDaCheeko Jan 26, 2022

Daily Chart Descending Triangle Pattern: -First Breakout was on Jan 10th -Retest of support line was successful -> (Jan 22nd- Jan 25th) Multiple levels of resistance must be broken, First Major Area of Resistance: - Between $0.198 and $0.275 Next Major Area of Resistance: - Between $0.35 and $0.43 Strong Support Area (as of Jan 26): - Between $0.095 and...

NicoDaCheeko Updated  Jan 26, 2022

Double Bottom Pattern on the Hourly Chart for Apple. Resistance: $162 Price Target of Pattern: $169.50 If it breaks the resistance, I expect a retest to confirm support, then a push back to $169.50 There is also moderate resistance around $167.50 (129MA is at $167.40) The Fed meeting tomorrow will also pay a role in the overall trend of the market.

NicoDaCheeko Updated  Jan 24, 2022

Head and shoulders pattern, Possible 4% gain if it plays out. 15 Min Chart

NicoDaCheeko Updated  Nov 4, 2021

This is a possible long trade set up for RUNE Upside Potential: 20+% (Without Leverage) Downside Risk: 6% (Without Leverage Enter Trade: 17.50 (Once an Hour Candle Close Above the green line) Stop Loss: 16.40 Take Profit: Between 19.00 & 19.35 Price Target: Between 20.70 & 21.20 Resistance is between: 16.75 & 17.25 Once the resistance zone gets broken, it...

NicoDaCheeko Updated  Nov 2, 2021

A Long trade opportunity for Dogecoin, that I will be taking. I would enter a long position once: - An Hour candle closes above 0.2795 / 0.28, - And when the EMA Ribbon Flips green. I would set a stop loss between 0.2675 and 0.263 (depending on your risk tolerance). The maximum upside: 35% without leverage The Maximum Downside: 4-6% without leverage I would...

NicoDaCheeko Updated  Nov 2, 2021

I would enter this trade once the price breaks above the orange resistance line. And take profits in the two zones that I have indicated on the chart.

NicoDaCheeko Updated  Nov 2, 2021

I believe that STORJ is about to see some serious gains and that right now is the perfect time to enter a long position. I have indicated price targets on the chart as well. If you agree with this this trade idea let me know. If you think that I am wrong about this, than let me know that as well.

NicoDaCheeko Oct 27, 2021

Looking at the Bitcoin Chart on the 12 hour time frame, it appears to have formed a falling wedge pattern. I would wait until a candle closes above the resistance line (Orange line) of the wedge and then (and only then) enter a trade. Right now it the price is being supported by the 50 moving average, which is a good sign that the bulls are have not yet...