I would like to share with the community a few trading setups that I will be closely watching and trading in the crypto-currency market this week. These trade opportunities aim to maximize return on investment and with minimum trade risk.
The method of trading is based purely on technical analysis using break-out chart patterns. I do not use indicators to make a decision whether to enter into a trade or not and are secondary. There are strict rules to the trading method that I follow at all times.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
ENIGMA - Buy Opportunity - 81% ROI - 8.5:1 Risk/Reward
Reasons to buy on a breakout from the consolidation zone:
- Valid break-out pattern with a clear consolidation zone (squeeze)
- Steady accumulation and increase in volume prior to a breakout
- High return on investment (81%) with 8.5:1 risk/reward
- Follow LIVE @ TradingView: https://goo.gl/CUadwe
NUCLEUS VISION - Buy Opportunity - 32% ROI - Risk/Reward 6:1
Reasons to buy on a re-test of the consolidation zone:
- Valid break-out pattern with a clear consolidation zone
- Smaller time frame patterns have hit profit targets = trend continuation
- High return on investment (32%) with massive 6:1 risk/reward
- Follow LIVE at TradingView: https://goo.gl/miW8jr
NEBLIO - Buy Opportunity - 75% ROI - 8:1 Risk/Reward
Reasons to buy on a re-test of the consolidation zone:
- Valid break-out pattern with a clear consolidation zone
- Smaller time frame patterns have hit profit targets = trend continuation
- High return on investment (75%) with massive 8:1 risk/reward
- Follow LIVE at TradingView: https://goo.gl/NqZvwq
ETHOS - Buy Opportunity - 60% ROI - 9:1 Risk/Reward
Reason to buy on a confirmed breakout of consolidation zone:
- Valid break-out pattern with a clear consolidation zone
- Consolidation occurring at the upper trend line of the larger break out pattern
- Smaller time frame break outs have reached target = trend continuation
- High return on investment (60%) with 9:1 risk/reward
- Follow LIVE at TradingView: https://goo.gl/xWsDaH
I was summoned by @crypto-toast. I have done their bidding and now I will vanish...
A portion of the proceeds from your bid was used in support of youarehope and tarc.
Abuse Policy
Rules
How to use Sneaky Ninja
How it works
Victim of grumpycat?
You got a 2.69% upvote from @dailyupvotes courtesy of @crypto-toast!
Please upvote this comment to support the service.
You got a 1.82% upvote from @brandonfrye courtesy of @crypto-toast!
Want to promote your posts too? Send a minimum of .10 SBD or Steem to @brandonfrye with link in the memo for an upvote on your post. You can also delegate to our service for daily passive earnings which helps to support the @minnowfund initiative. Learn more here
Coins mentioned in post:
This is against USD? Ew.
Followed! Looking forward to your future predictions. In your opinion (no prejudice basis) which is one of the best exchanges to perform alts related trading?
I use the exchange with highest volume for the particular coin. You can check on coinmarketcap.com