Options Trading & Analysis

Scorecard for the Coming Week


Today we share the latest look at three large cap cryptos. Here are the takeaways:
BTC and ETH — still offer a snapshot of the market in general and are still in a tight range over the last week. Key levels are identified where volatility is high probability to return.
XLM — weeks ago we shared and XLM trade — the edge was clearly to the upside and a move higher has now started — how much higher? We think the XLMBTC chart offers a clue but there are other targets to deal with first - in any case XLM can be traded safely as shown in the chart.
One other indicator worth keeping an eye on as a market indicator:
MIDCAP AND SMALLER ALTCOINS: Some have shown HUGE moves —our ENJ trade shared two weeks ago went up over 100% — that looks more like a 2017 trade than 2018. Historically been a bullish sign for BTC at least and possibly the entire market. If this is a bullish sign the broader market should trend higher in the short term. The higher probabilitiy is these huge moves are continued hedge fund and whale manipulation — because there has been no follow through and, more importantly, because THEY can.
 width=  width=  width=  width=

About CryptoPatterns


Cryptopatterns mission is to help everyone build investment and trading strategies that allow them to stay safe and profitable. We strive to protect traders and investors through education and financial management strategies used by professionals with decades of experience in a wide variety of global markets. We are an educational service that has informed 1000’s cryptocurrency traders and investors since 2016. We’ve proven and refined our approach through over 40 years of combined trading and investing experience. We offer the information and training of key fundamentals that are essential to successfully participate in the highly volatile and often dangerous new cryptocurrency market. As the internet explosion of the early 2000’s proved, new technologies can have an important place in everyone’s financial portfolio. We are committed to helping those who do not have unlimited resources and insider information participate in the cryptocurrency revolution in a way that fits their personal financial position, and achieve long-term success safely and profitably.

Author's web site: http://www.cryptopatterns.net/


View CryptoPatterns's post archive >

Advertisement Continue reading

The Options News RundownAudio

Your source for the most important news and information from the world of options.

The Options Insider Radio NetworkAudio

All of our radio programs in one convenient place.

Options Insider RadioAudio

The original options podcast. Features interviews with leading options figures.

The Option BlockAudio

This high-octane program features education, analysis, strategies and unusual activity.

Volatility ViewsAudio

The premier radio program for volatility traders.

The Long And Short Of Futures OptionsAudio

Your source for futures options information.

The Advisor's OptionAudio

Arming advisors with the info necessary to manage risk.

Options Boot CampAudio

Get into peak options trading shape.

Options Insider Special EventsAudio

Compelling panel & special event recordings from the options world.

OIC's Wide World of OptionsAudio

A dynamic mix of current events, investor resources, & strategy insights.

Trading Tech TalkAudio

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Options Playbook RadioAudio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

Options OdditiesAudio

We track all the unusual options trading activity on Options Oddities.

This Week in Futures OptionsAudio

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

The Business ShowAudio

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.
x

The Options Insider Radio Network

The Options News Rundown

Your source for the most important news and information from the world of options.

The Options News Rundown

The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

Options Insider Radio

The original options podcast. Features interviews with leading options figures.

Options Insider Radio

The Option Block

This high-octane program features education, analysis, strategies and unusual activity.

The Option Block

Volatility Views

The premier radio program for volatility traders.

Volatility Views

The Long And Short Of Futures Options

Your source for futures options information.

The Long And Short Of Futures Options

The Advisor's Option

Arming advisors with the info necessary to manage risk.

The Advisor's Option

Options Boot Camp

Get into peak options trading shape.

Options Boot Camp

Options Insider Special Events

Compelling panel & special event recordings from the options world.

Options Insider Special Events

OIC's Wide World of Options

A dynamic mix of current events, investor resources, & strategy insights.

OIC's Wide World of Options

Trading Tech Talk

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Trading Tech Talk

Options Playbook Radio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

Options Playbook Radio

Options Oddities

We track all the unusual options trading activity on Options Oddities.

Options Oddities

This Week in Futures Options

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

This Week in Futures Options

The Business Show

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.

The Business Show

Options News Rundown: Monday, December 10, 2018

Options news you can use for Monday, December 10, 2018

Options News Rundown: Monday, December 10, 2018