Strangely-accurate
@t_Strangely-accurate
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On Aug 9th I suggested the following: As of today Btc has been bottoming at my T2 after following the anticipated price action suggested in the above chart. TA works! May the trends be with you.
These are my Xrp support and resistance & my take profits. I've been patiently waiting for price to come to me. Now that my T1 has been hit, I'm hoping for a swipe of those lows for my ideal entry. I am cautiously bullish, because there is a chance Xrp goes one leg lower. For now I will chance a long from T1 and T2 (with tight stops) and take profit at my green T1 box.
Xlm - Support and resistance & take profits. T1 was hit yesterday, but there is a strong possibility we go lower into T2 (my ideal buy zone- for a short term bounce to green T1). May the trends be with you.
Support and resistance & take profit targets. May the trends be with you.
Sol - Support and resistance & take profit targets. Ideally Sol gets a retrace this weekend to my T2 so I can load up even more. Either way I'm taking profits at my green T1. May the trends be with you.
Recently, Link has been one of my favorite altcoins to trade. This chart shows my support and resistance levels & my take profits. Until the market reveals its trend duration, I anticipate chop between my support and resistance. But ultimately, these targets represent my ideal entries and exit. May the trends be with you.
I constantly monitor how each altcoin is doing compared to Btc (and compared to other alts). It's easy to get "married" to an altcoin and ride or die that coin until the end. I have no favorite coin. My favorite horse in any race is the fastest one.
If we learn to identify common patterns we will note that they are occuring over and over...on every asset (that has a chart)...on every timeframe. When in doubt, zoom out. I can help you see the matrix.
If we learn to identify common patterns we will note that they are occuring over and over...on every asset (that has a chart)...on every timeframe. When in doubt, zoom out. I can help you see the matrix.
For the first time in the last 50+ charts I was wrong about (initial) direction. I believed Xrp would hit my bullish (take profit) target 1st... then hit my beasrish T2 target. But the opposite occured. I like to keep stats on my calls and be transparent when I wrong. Errors can always be a learning opportunity. The upshot is that my support and resistance were spot on (and profits were taken within less than 1% of my take profit target). TA works! Published yesterday (Aug 25th): May the trends be with you.
Disclaimer
Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.