Bitcoin broke out of this formation. Now I'm in the sidelines as bitcoin goes sideways. Below 39.4 I will go short and above 40.5-41k open an early long, always look for volume on the 1 hour chart for breakout confirmation.
For long term holders, 36-37k I personally have set as a buying zone for bitcoin.
I will be looking to scalp a long if 39.5 test happens and bitcoin shows strength for higher price action. Although, without strength, I will short for a scalp. So far, it looks like in the short term bitcoin will test 41k again and if 41k test fails we will go lower to 38k.
Ethereum
The long I opened brought down it's size & I will continue buying and adding as low as 2140. (Prices I'm buying: 2475 range / low 2409 range / 2285 range.)
For long term holders, I am personally buying ETH below 2300 for long term.
I see Ethereum losing momentum, so for now I expect price action to go lower. Losing $2500, as I said earlier, we will see lower prices. Personally I am not comfortable shorting ETH.
------I' m currently only buying alt coins, not contract trading them. I will post the next contract trade setup that I am confident with.
ALTS COINS TO WATCH to HODL!!!!!
Buy signals!
KSM below 341
DOT below 21.40 (listing on coin base Wednesday)
ADA below 1.52
AVAX below 14
EGLD below 83
NU below 0.275
YFI below 36.7
ONT below 0.89
LUNA below 5.72 (staking on LUNA wallet to earn free coins from new launching dapps)
Sushi below 8.32 (is listing on voyager today!)
NEO 46.65
Matic below 1.40
LTC below 159
AVA below 2.80
UOS below 0.38
LINK below 21.15
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*DISCLAIMER: I AM NOT A FINACIAL ADVISOR.*
`This is not financial advice, I'm only sharing my personal live trades.`
