BUYING ALTCOINS - BNB, ETH, XRP, TRON, STEEM

TRADING TODAY #0000005
BUYING ALTCOINS - BNB, ETH, XRP, TRON, STEEM

Its being some time since I have traded alt coins against BTC and the reason for this is the massive downtrend of altcoins but some of this cryptos are actually starting to show sings and getting close to heavy support areas, this trades are not related to news or if I like the project or not they are based on pure price action and what the charts are showing, Im only looking for a couple of 10% + trades on certain altcoins that are showing very low risk trades, all

BINANCE COIN: as usual there is a lot going on with Binance Exchange and its token but recently with all the TRON manipulation speculation and de listing some of the IEO (Initial Exchange Offering) tokens being de listed from the Binance the price of BNB has decrease a lot and this is the first time we see this phenomenon and I say phenomenon because for the entire 2018 we saw BNB outperform every single coin including Bitcoin but it was like everything was planned from the start to release DEX on the start of a bear market and create such FOMO that the result was to outperform the entire market.

Now things have turn around and since April 2019 BNB Coin has seen a decrease in price of over 60% in the past month creating the first ever mayor downtrend on the BNB/BTC chart

This is a clear example of "Past performance does not guarantee future returns" , BNB had a history of pumping hard breaking ATH every time after a coin burn but not on 2019, seems the bear market and all the FUD around the exchange has hit the price and trades jump ship, but now its getting closer to that bit support area of 0.0016945 to 0.0012398

That is a gap close to 37% meaning if you buy at 0.0016945 and it goes down to the bottom of that channel you will only possible loose 37% until the pump starts, this ranges will probably be hit by the end of this month based on the current price action, Im looking to buy progressively starting under 0.0016945 then wait until it bottoms to load some more and just wait for the pump, this is will also be affected by markets conditions but thats my plan for BNB.

ETHEREUM: its sad but after the ICO mania that ETH started on 2017 it went so high and crash since January 2018 without any sings of recovering, yes a few relief rally but nothing that had a big impact on the price

ETH is a coin Im touching with extreme care, I really dont what ETH to explode too fast for many reasons:

• Historically ETH lead the way for alt coins pump, if it explodes too fast at same will crash fast and most likely alts will do too
• Let it bottom out, its getting close to a golden cross but its better for the coin if this happens mid November

This golden cross for ETH would be effective when the 21 EMA cross the 50 EMA

On ETH my buying opportunity is ONLY IF it cross the 0.022428 target all the way up with a final confirmation of 0.024872, once it cross this price and the golden cross happens then we are set for a silver moon ETH MOON

Here my ranges, just starting buying from 0.022428 to 0.024872 and I will get 10% gains but as mention if ETH gets over my final buying target then I think it will have enough fuel to go higher, now if things go wrong and lets say I dont sell for some reason my lost on average would be around 27% all the way down to all time low price.

Have to go to work so latter during the day I will be posting my targets for XRP, TRON and STEEM, this are only my blue ship crypto trades, have some low cap coins in mind too but the risk is higher since if the ALT COIN market goes up there is a 50 - 50 chance this high volume coins absorb the little volume low caps get, will keep you posted.

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Good Luck, Thanks

@tipU @dclick

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BITCOIN: 1DTk43ycprv5KKN5NKoqxjcUtLXkq7bKH2
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ETHEREUM: 0xd09e47A64c81aca28cf639FaD1EA428Be4fB6F2E
TRON: TEh2KR6rsa3p81SvbVspSfuEXfoBzTWxZQ
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