Erictaylor
@t_Erictaylor
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Erictaylor

After a great bounce off the 50% retrace to 28.66$ we have rallied back to 35$ area We have been met with resistance here however we have now been consolidating creating a symmetrical triangle here with a breakout resistance of 34.40 and a FIB resistance of 34.70 and the pattern support lies around 33-33.30 areaIf ETC can breakout upside we can see a push back towards 37$ while a break down target could bring us to retest the 31-30.50$ areaI am waiting for my next move but a push above 35$ with conviction could be a great long trade to continue back towards previous rejection area of 40$ while a breakdown could be setting up for a larger W pattern with a higher low
Erictaylor

I kNo, it was risky to try to take a trade, hoping for a break out of this pattern, even though it’s not looking tight enough yet, Ethereum was looking like it was gonna break out as well and it ended up faking out or at least coming back inI ended up losing a little bit on this trade, but it was OK. I got stopped out. I’m not done with it yet because since we pulled back here, we are currently sitting on the 50% retracement from the bottom low to this recent high double top area. This to me looks like a good spot to reload ETc. overall I see a large move coming in coming months at least on eTC. good luck
Erictaylor

This is a sneaky little guy. However this is a large pattern that has been consolidating for a while. Although i usually like my patterns much much tighter, if we chart Ethereum the setup pattern is exactly the same with the pattern size and breakout area. It has been straight up from the lower end of the pattern however according to trend resistance this is a break at 37.30$It seems to be sitting on top of the trend line breakout using as support. It is a trickier setup as it would suck to but the top of the pattern only to fall back in. My thought is to add here around 37.50. Also to have a buy order at 34.50 for a pull back in just in case this initial breakout trade is wrong for now. Trade is to bring This back up to around 65-75.00$ to sell half of the position and see how we respond after that Entry is between here 37.50 down to 33-34$ as potential reload if it does give that I’m still not sure it will but it will follow ethereum.
Erictaylor

So far we have double top here. However if shib can remain at 3025 area and confirm as support that wouldBe super bullish. I might be seeing it pulling in again towards 2800 and making this ascending triangle before next lift off. 3300 is key resistance flat top style which shows bulls in control. Need more time for this to get tighter. Buy the dips towards 2800Should get a lucky Friday the 13th breakout :)
Erictaylor

Seems to be consolidating above the previous up trending channel. AtFirst I thought Xrp was done but seems Xrp wants to go test old all time highs. Possibly and beyond as long as XRP remains above this previous channel as support this falling wedge could bring us back to retest 2.90 and Mabey go up and try for 3.50-4$ next! Can try entry between 2.22-2.28. Stop loss below 2.07. Targeting 2.90 -3.90. Take profits as it climbs for safety
Erictaylor

After the pretty decent move we had recently shib has pulled back about 50% of the move we had. We still remain well above the breakout area. This is a great sign for us. It is now consolidating again and seems to be getting tighter here. We could start to curl and head back up ultimately breaking through 3025 area and holding above will b the next bull sign we need. I am continuing to load up on this while it’s below 3k area. In the long run this will be worth the buy in my personal opinion. Let’s see if shib can pop above here shortly. I see it’s getting tighter
Erictaylor

Shib. has been consolidation for a little while now. Doge coin has been stealing a lotOf the thunder. Shib is building a symmetrical triangle with resistance around 2600 area. Next move could push us as high as 3700 which is the next fib retrace but with a current sunset tidal triangle target of 3500I am buying shib around this point down to as low as 2350. Shib is getting ready to a make a big leg up in my opinion. Could be a could time to buy
Erictaylor

Large pattern. Holding uptrending support. Had a fake breakdown and reclaim of support. This is the time to start accumulating. I’m in! Let’s gooo looking for 33-34$
Erictaylor

Struggling to hold above 73k we may have found our top here. Time for potential bigger correction. Currently in a weekly considlation pattern so this will take time. Support of said considlation pattern is 62k we could come down and bounce off that. I personally don’t think this patter will turn out to be a bullish pennant Howver it is possible BtC has one more leg upside. That will be deternained based off the way it decides to exit this pattern. For now I will short the upper end of this pattern reistance as it’s become clear around 71,9-71.6 area
Erictaylor

Falling wedge breakout and potentially flagging on top of the wedge as support confirming this breakout. Entry 29400 Stoploss 28,500 First take profit 32,400 Second take profit if we break and hold above 33k and hold is 37.5
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