Poloniex CryptoCurrency Market Alerts Update Dec 19/18

in #cryptocurrency3 years ago (edited)

Each day I update the CryptoCurrency Market Alerts spreadsheets covering Poloniex and Binance. Over 200 crypto markets monitored and reported on daily.

Poloniex Market Alerts

ARDR is making a Springboard entry pattern. https://www.coinigy.com/s/i/5c1a2a0173d17/
With the current market conditions, this will likely be activated and become a HOLD in our hypothetical portfolio. The trade progression will be updated and data on winning or losing trades collected.

BAT trend continuation Alert is still active as price is within the range, though prices are not threatening to push higher at this moment. For those who buy the bottom of the range rather than the range breakout - this might be for you.

BCHSV is in the middle range of recent moves and may be consolidating to move higher

BCHABC is breaking higher from a bottom formation. I don't prefer trading the fork of a fork with so little history - but the trading formation is there so I'll mention it.

BCN is at near historical lows and not making a formation indicating a turn around is near

Some incoming volume on BNT, but the bottom formation needs to mature more for one of our trading signals

BTS is within a 1-2-3 bottom formation on the 4hr bars, but needs to move above 1140 sats for a new entry signal. Our trading alerts was activated on the break above 1103 on the 16th of Dec, and price held above our stop loss at 1024... we are holding with a drawdown of 7% at the moment.

BURST could be traded as a Springboard entry at current levels, or wait for the larger bottom formation to be confirmed with a break above 174 satoshi. The chart shows increasing volume - a good sign. https://www.coinigy.com/s/i/5c1a2e708a410/

CLAM is looking like a continuation may be brewing! https://www.coinigy.com/s/i/5c1a2ec40c3db/ I was not anticipating it, but on the long term view, it is completely possible: https://www.coinigy.com/s/i/5c1a2f02b6011/

CVC could be a great springboard entry as it stands, but we'll wait for the confirmation breakout of the three-week long 1-2-3 bottom in formation. Something above the 1851 sats levels.

DASH is making a 1-2-3 bottom. While I am biased against the annon coins, the chart is saying up from here. So, I gotta mark it as an alert. Instead of aiming to buy the breakout of this bottom formation, I'll focus on a play after prices break out and then come back to retest the #2 point. If they show strength from there, I'll consider the trade activated. https://www.coinigy.com/s/i/5c1a31484fc3f/

DCR has been making some significant moves, but only now is making a 1-2-3 bottom formation on the 4hr bar charts. It is at historical low levels and could be prime for a larger sustained move. https://www.coinigy.com/s/i/5c1a31484fc3f/ Start with a small position - Keep stops close initially, then leave them behind the market a good deal to permit for big swings without getting taken out of the market too soon. There will be times to add on to the position in the future.

DGB has really blasted off making great gains from 230 sats to 313 over the past couple days, but did not give a solid 1-2-3 to trade off of. Now watching for a retracement to create a larger 1-2-3 on the 12 hour bar time frame. https://www.coinigy.com/s/i/5c1a33c837370/

DOGE after a profitable trade was stopped out (https://www.coinigy.com/s/i/5c10f9b06b28c/ 15.6% gains), our trend continuation pattern alert was triggered at 66 satoshi and we re-entered the market, we are holding now, with stop loss placed at 67 sats and will wait to see just what the recent move will do! https://www.coinigy.com/s/i/5c1a34f5810f9/

EOS trade entry on Dec 15 has the stop loss moved up a second time, now locking in 14% gains. Still looking strong. planning to keep the stop here and look for a retrace that may provide a chance to add on to the trade. At the same time now keeping an eye on potential top formation with RSI divergence as a sign to take profit and step out of the trade. https://www.coinigy.com/s/i/5c1a3576dc6db/

ETC remains in Alert status - the bottom formation on the 4hr bars is looking good with a range of pre-pump patterns hitting the same resistance line at least 4 times... a break above these levels would be a potential entry point. https://www.coinigy.com/s/i/5c1a36907b210/

ETH activated our Alert signal and is now a HOLD and sitting at a small profit. Initial Stop Loss moved up below new technical levels, but still watching for further strength to move our stop loss above the entry point. https://www.coinigy.com/s/i/5c1a371f20df5/

FTC is a standby market at these levels. We had a small profitable trade off a trend continuation pattern earlier in the week. Should prices show strength, the larger trend could be continuing, but uncertain from these levels.

GAME is a new alert today - watching for the Simple Trading Plan breakout and then an entry once prices retest the #2 point and show further strength. Watch to avoid a fakeout breakout and keep risks under tight control at the starting stages of this trade. https://www.coinigy.com/s/i/5c1a37f4489f2/

GAS alert is very close to being activated! The 1-2-3 bottom on the 4hr chart is not as 'classic' as others, but looks like a good signal at important historical levels. Given the overall market condition - it is a good risk as it stands. Ths market has potential for Popcorn Moves, so be prepared. https://www.coinigy.com/s/i/5c192bef7f78c/

GNT may be ready to make a move - it has broken higher out of a 1-2-3 bottom on the 1 hour bar and could be a good 'buy at the market right now' trade (https://www.coinigy.com/s/i/5c1a39d317e2f/), but not yet marked as an alert - the bottom formation needs to mature more on a longer time frame. We have take a couple losses on this market entering on a surge and then prices dropped back to kick us out - it may not do that this time... remains to be seen.

HUC is at lows, and needs the formation to mature.

KNC is a new alert today. The 1-2-3 bottom has been maturing for almost two weeks and gives a clear entry level that is along historical prices. https://www.coinigy.com/s/i/5c1a3aeedfb0f/

LBC may be ready to take off from here, the Alert level is waiting for price to make a more significant bottom.

LOOM is marked as an alert, but prices have faded back away from target entries.

LSK has blasted up and triggered our ALERT that was set up on Dec 3! We are Holding now and looking for a time to move the stop loss up above the entry to protect against a possible fakeout breakout. https://www.coinigy.com/s/i/5c1a3e635be26/

LTC - on Poloniex we are waiting for a longer-term bottom to mature, but took a nice trade entry last week on our Binance Alerts. a break above these levels would be a key bullish change in LTC market https://www.coinigy.com/s/i/5c1a3edfcc948/

MAID - this chart could be a good swing trade entry at this moment! https://www.coinigy.com/s/i/5c1a41874b507/ the swing trade entry is also supported by an internal 1-2-3 bottom at key support and resistance levels - I'll have to update the alert status on this market for this special formation https://www.coinigy.com/s/i/5c1a41c5473fa/

MANA - is a watch for now. It may become a trend continuation alert in the next while but we'll have to wait and see.

NAV is looking great but is doing such wide swings that finding an entry that is not retraced has been a challenge. The Alert on this market is moved just above key levels at 5600 sats. Take care on whipsaw or take a small enough position that you can leave your stop back at 4200-4600 https://www.coinigy.com/s/i/5c1a4cbd79e2c/

NMC is a profitable trade from an alert signal back in early December and the stop loss locks in a 20% gain. https://www.coinigy.com/s/i/5c1a4d00ec9ec/ - however the RSI is diverging on the shorter time frame and taking profits at this +40% level is an option https://www.coinigy.com/s/i/5c1a4d577511c/

NXT bottom formation is maturing but not looking for an entry until the turn around is more evident - at the 951 sat levels

OMG could be shaping up for a strong break to the upside. We have a two week long bottom formation and it closely follows BTC, yet has not broken higher yet - providing us an opportunity to be there should it start a break above recent highs in late november: https://www.coinigy.com/s/i/5c1a4e5115fd6/

PASC is looking very positive from a longer term perspective, and has been upgraded to an Active Alert Status today on a Springboard pattern entry. Caution needs to be taken as this market has demonstrated strong pumps and deep retracements - https://www.coinigy.com/s/i/5c1a5051226fe/

PPC is at important support levels, but needs a more mature bottom and a show of strength from here.

QTUM was actually a missed trade signal - and now that it is already moving... it is more risky to jump aboard - https://www.coinigy.com/s/i/5c1a521ad7ead/

REP is actually shaping up with a good chart pattern and it's time to put it on Alert! https://www.coinigy.com/s/i/5c1a52598aa53/ Caution on this market, big swings and deep retracements are common

SBD - I have not idea. hahaha

SC - I am very excited about this chart pattern - it has been on Alert status for weeks, and the chart pattern is better than ever! https://www.coinigy.com/s/i/5c1a5387c0cb1/

Both SNT and STEEM charts are at recent lows and need more time to mature a bottom formation that I can sink my teeth into

STORJ is a beauty of a chart - and the fundamentals of this project are solid too. I am keen on this one doing very well over the next several months. https://www.coinigy.com/s/i/5c1a53fb6e621/

STR was used as a fantastic example trade pattern - and looking great now. I'm expecting great moves.

STRAT alert levels were hit yesterday and moving into strong trade volume - time to move the stop above entry! https://www.coinigy.com/s/i/5c1a548eec3e4/

SYS made a great take off, but was not identified as an Alert. Now we have a new Alert using the 12 hr bar time frame and waiting for a break out of the bigger bottom formation - https://www.coinigy.com/s/i/5c192f9d5e65a/

VIA and VTC markets both have alerts - and both charts still look great... just the waiting now.

XCP is shaping up to show bullish prepump volume and chart patterns - we don't have an official alert level on this market but it may be good for a market order at the moment! https://www.coinigy.com/s/i/5c1a55ec34f5b/

XEM has great potential - and is making a trend continuation formation break out right now. I'll post an official alert on this chart pattern: https://www.coinigy.com/s/i/5c1a562f77ea1/

XMR is a tough one to call https://www.coinigy.com/s/i/5c1a56a105985/ - it is both making a 1-2-3 bottom on the 1hr charts, and also making a down trend continuation formation. Should it break lower, it is a springboard sell entry, should it break higher, I'd wait for strength after the test of the #2 point.

XPM is an alert but not making movements that make it seem like its coming soon

XRP has been a long term hold for our trading spreadsheet and made a positive move in a trend continuation signal on the 17th. Hold. Buy now? maybe, but perhaps wait for a pull back and be extra careful with Rule #1

ZEC - nothing to get ready for in the next short while...

ZRX - a nice springboard entry pattern is shaping up right now! https://www.coinigy.com/s/i/5c1a580d31331/

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Learn more about the CryptoCurrency Market Alerts spreadsheets covering Poloniex and Binance. Over 200 crypto markets monitored and reported on daily.


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