Theinvertedtrader

Theinvertedtrader

The 4 hr chart is recommending a long trade on ALGO based on the CCI. The targets for this trade idea are $.800 (+20%), $.900 (+34%) and $1.00 (+50%). Recommended stop-loss level is a breach and close under the previous swing low.

Theinvertedtrader Updated 

The monthly chart is 2 days from closing on a doji candle which is bullish after a long downtrend. The weekly chart signaled a buy a few weeks ago according to CCI at an average price of $3.00. The daily chart is trading in the oversold range on the CCI but is not showing a buy signal just yet. The 4hr chart signaled a buy a few hours ago according to CCI....

Theinvertedtrader Updated 

NIO has been destroyed by the bears over the last few months. I believe it is time for a short term price rally for the NIO bulls. The CCI has given me a signal to enter the first half of my long position at the current price. Once we see a sign of buying we will scale in the second half on the first pullback in anticipation of further upside. Our first price...

Theinvertedtrader

ONG is starting to gain bullish momentum on both BTC and USDT charts. My analysis of this 4 hr. chart shows that ONG is ready to move towards the previous price cluster near B. 00008 which is approximately 50% from current levels. It seems to me that a bull-cross will most likely take place over the next few weeks. I'm expecting ONG to begin trending profitably...

Theinvertedtrader Updated 

After a week of weakness the price has reached a strong resistance cluster. The chart has also printed several consecutive doji candles after a strong down move which signals indecision and possibly a shift from bear control to bull control. The 50/200 moving averages are both still bullish with the CCI signaling bearish exhaustion. This seems like an appropriate...

Theinvertedtrader Updated 

This is an inverted chart of LUN/BTC on the daily chart using Heiken-Ashi candles. Several indicators are getting me interested in trading LUN on the long side. The overall structure is showing a ranging price action between B.00035 and about B.00080. The previous move to the upside was very impulsive and reached over 100% within a few hours. This indicates to me...

Theinvertedtrader Updated 

XEM/BTC looks to be setting up for a bullish trend reversal over the next few days/weeks. Price has seen a rejection off of a key psychological level at B.00001000. The CCI has been trending bearish over an extended period of time but has now moved back up over the -100 level which is one of my entry triggers. I expect price to trend towards the B.00001500(+45%)...

Theinvertedtrader Updated 

XMR/BTC is currently trading sideways between B.0120 and B.0139. B.012 has acted as strong resistance, rejecting the price on four separate rallies. Price is now trending down towards the lower level of the equilibrium and probabilities favor a break of that level. If that level is successfully breached my first target is set in the previous price cluster between...

Theinvertedtrader Updated 

KMD/BTC is setting up for a bullish move over the next few weeks. The price has tested the B.0002250 area repeatedly over the last few months and has held support after each failed attempt. We are now at that price level again and probabilities favor a bull break. Price action has created a bull-cross and the CCI is showing strength. KMD could easily gain 100%...

Theinvertedtrader Updated 

EVX/BTC looking to go for a bounce after a slow bleed over the last few weeks. The current price of B.0001290 is in a previous price cluster that I'd expect to act as resistance. At the bare minimum I'd anticipate a dead cat bounce to bring us to target 1 at B.00020 (50%). If there is more strength behind the move the next two targets are B.00025 (90%) and B.00030...