RS822N

RS822N Jun 14, 2017

I will try to get filled at the bottom of the blue square, small amount and tight stops, if it goes back up risk reward seems ok. Less adventurous, wait for a clear breakout sign when positive volume increases if you think it will breakout.

RS822N Updated  Jun 11, 2017

Not clear if it reversing up or not. MACD 5, 15 and 30 seem to say it wants to go down. Short with a somehow loose stop, beware that you it is a high risk trade this one.

RS822N Jun 11, 2017

Either will break out from above today, or bounce back to support. Once at support either goes to zero, or bounces back. In any case, keep an eye on it, I bought at previous support, couldn't publish due to maximum of 10 ideas per day....

RS822N Jun 10, 2017

Look for clear breakout from down channel, then buy, if not, doom for NEM.

RS822N Jun 10, 2017

It has crossed 2nd lowest minimum of the past weeks. Could it bounce up? Keep an eye on next hours and build long position little by little if it seems to go up (with tight stops).

RS822N Jun 10, 2017

If it dosen't bounce it will go to the bigger trend line maybe there it will bounce when it reaches in the next days.

RS822N Jun 10, 2017

Nice channel ascending channel, use it with care (and beware when RSI way overbought)

RS822N Jun 10, 2017

LTC seems to be charging up. RSI at lowest since March while MACD lowest for the year. I put buy orders at lower support (with tight stops just in case).

RS822N Jun 10, 2017

Interesting days coming for ETC. First it could break up or down in the wedge that has formed in the past week. If it breaks down though, it could bounce on the 50 day Moving Average which coincides quite well with a long term trend line. In this case look for bounce up, but put tight stops (not clear the future of ETC, and sentiments are mixed about...

RS822N Updated  Jun 10, 2017

Like many coins ETC will be at a crossroads touching trendline and 50 day Moving Average in 4 to 6 days. Interesting region to look for a bounce up, as always in these cases with a lot of down sentiment, put tight stops.

RS822N Jun 10, 2017

Maybe you can make fast profit if you get filled at the trend line (which usually happens with many of these volatile markets). If so, the chance to brake down is small, while going back up is quite likely. Put tight stops.

RS822N Jun 10, 2017

NEM is about to touch the 50 days Moving Average, which coincides with a long term trend line which has acted as support for months. RSI at 3 months low, and MACD close to zero also at 3 months low. Look out for up movements, but wait a bit for some consolidation (it is coming a bit too strong and could break down, no need to hurry if uptrend is confirmed going to...

RS822N Jun 10, 2017

Looks like a bullish ascending triangle. Buy on support, and then look for a breakout. Build the position little by little though and put tight stops, it is quite overbought...

RS822N Jun 2, 2017

Descending triangle. If broken from below, short (but beware of resistance). If broken from above buy.

RS822N Jun 2, 2017

Currently oversold. If support holds, buy at bounce.

RS822N Jun 2, 2017

Buy if breakout from above, sell if rejected. Look at RSI or MACD to be a bit on the oversold side to ensure breakout.