seanwooj

seanwooj Dec 20, 2017

this is a pretty familiar chart if you've been looking at other alts. some fundamentals: zec is a coin based on privacy. it's a topic which is on a lot of people's minds. monero, another privacy focused coin has been doing quite well recently. in any case, good signs of a reversal. the descending wedge has been broken out of. there's a lot of support/resistance...

seanwooj Dec 20, 2017

lots of confluence on this chart - fib retracement and vpvr volume profiles. also there's a good deal of volume/fib/resistance confluence as well. so we can use these levels as good targets for stratbtc lots of room to grow, lots of support at the current levels, so set stops slightly below current support, and a sell off a little bit at the first fib retracement...

seanwooj Updated  Dec 20, 2017

despite fluctuations in btc throwing the alt markets into dissarray, I think a buy of storj around this level is a good idea. based on the volume profile, it looks if there is a small push past the recent resistance, there is a bit of a ways to go before hitting the level at which many became bagholders which will let them sell at breakeven. who knows though.

seanwooj Updated  Dec 18, 2017

taking a look at the volume profile, it looks like dgbbtc has found a stable floor at around 100 satoshis. based on the volume profile, the next level of resistance looks to be around the 350 satoshi level. if there is a breakout, this will be the resistance level to look out for, as it may become the stable price floor (hopefully). if the price of bitcoin doesn't...

seanwooj Updated  Dec 18, 2017

after a really impressive breakout earlier in the year, viabtc has been making everyone sad by collapsing under its own weight. luckily for bagholders (including me) there seems to be some positive signs: firstly, a falling wedge pattern has formed, seemingly textbook, accompanied by a recent bullish divergence on the stochastic. it looks like (failing some crazy...

seanwooj Dec 17, 2017

ubiq looks like it's trying to break out of its descending wedge. there was a huge spike in volume at the last breakout attempt and subsequent failure to breakout. if it can break the local resistance at 15k sat, and then 17k, it may attain escape velocity. this chart looks like several other pre-breakout alt charts.

seanwooj Updated  Dec 17, 2017

vpvr looks like there's equal buying and selling support at this level. even yesterday's alpha announcement did not escape the decending triangle forming, though it tried. having bought a few days ago, I think I will just bow out, not knowing the fundamentals of this pick so well, based on the descending triangle, and lack of clear support at this price...