THE NAIVE TRADER

As I got some free time and think its a cool project I thought I would give my opinion on CZ's Binance coin and exchange. Binance as an exchange has taken the crypto currency world by storm in all honestly, since launching in 2017 its hit new heights and currently sits in the top ten exchanges for 24 hour volume. While seeing the number of coins and tokens exchangeable go from 5 to 75+ within the same time period. They have listed their own token, the Binance coin which offers the option to obtain a share as such of the company. I felt the need to highlight this coin as its something I am holding and looking to acquire more as time goes on. It has already risen 6 fold in value since January and while it has dipped as Bitcoin obtains further market dominance it hasn't fallen to pieces, and continued to release more Initial Coin Offering to keep volume and interest high in the exchange and coin. They also focus on the importance of coin burning throughout the first 2 years...

Thought I would look at the daily's for a couple majors I may look at entering in the next few weeks depending on market fluctuations etc. 1. USDJPY Looking at the daily chart for the pair is interesting, we see the movement up to a major potential Support Resistance flip soon with the rectangle grey area looking to be something of interest. If this area is reclaimed soon I do believe a shift up to the next resistance level being realistic, the position at 109.2. The rising volume reiterates the potential for a realistic S/R flip soon. 2. GBPUSD Thought I would look at this market as well on the daily candle, whats interesting is it seems to be facing a similar area as the USDJPY. It looks to be boarding the current resistance region of 1.27. This is of interest as if its reclaimed, hitting the 1.275 area isn't unrealistic with a move to 1.287 potential for the incoming month. Will be interesting to see how this plays out. TradingView, 2019. @ Und3rachiv3r

I thought I would play around with the Fib retracement approach with some of my next entries, using these levels to support potential areas of support and resistance. 1. TFUEL - This coin I have decided to try and pick up, using the retracement area we see support looking to be broken and the levels of resistance (R1, R2, R3) aren't unrealistic.  Furthermore to this perspective, when looking at this particular coin the volume level is insane, we are seeing a point where volume is sitting at a level of half of the market cap of the whole coin. Volume at  $26,515,488 and a market cap o f  $57,094,636 (Coinmarketcap, 2019). I think this should play out and could be another decent gainer in the next few days. 2. FET - This coin is looking to go parabolic, we are seeing a project with a 24 hour volume of over 4.5x the marketcap level. Something completely crazy is taking place with these new Initial Exchange Offerings. This is shifting but there is still huge room ...

Been away for a while, but exams and stuff done so thought I would update on my current crypto ideas and what I am holding and why. First we have Zilliqa, which I trade against Bitcoin, this has been something I have entered due to its bottoming out and creating new all time lows which offer price levels never explored before. We see on the 4 hourly chart the coin has been rejected at 287 resistance and rebounded towards the current support levels of around 245, which we're currently sitting at. I see the huge volume spike and serious lack of response in terms of price highlights potential movement soon.  Looking at the triangle idea, something I've never been over convinced by, we see a serious point here. Potentially a breakout of the triangle upwards could result in a heavy pump and break through the 287 level towards the 366 region. Serious gains potentially. LINK This is the next coin I have picked up, holding and seeing substantial gains, currently looki...

All my own opinions and probability will be wrong, but thought I would have a little look at the Eth/USD market. I see potential gains here, volume gaining positive momentum after the sell off and now with resistance found I feel this area could now be a little slower as more buy positions will have to be met to gain further. Also the rebounding RSI only further illustrates this idea and I think there is a buy zone, maybe even before the next resistance level. Peace. TradingView, 2019

So back again, looking at the ethereum market against the dollar. I believe there is a short position which is looking juicy. This looks realistic because of numerous reasons. Number 1 - the gains have been substantial, breaking through the 147 range easily and gaining momentum and we see the first signs of a slight cool off within this bullish progress. Number 2 - RSI indicating a a return from the overbought position, bouncing and returning from the 96 area to a downward potential movement. Number 3 - The volume is declining and looking negative, highlighting people may be taking profit here and selling off as the market looks for a resistance zone which hasn't been found for some time. Number 4 - The market is hitting the top of the Bollinger Bands on the 4 hourly position illustrates the potential for a cool off as highlighted in the other indicators and market sentiment. I am looking for an entry in this range, opening at 160-163 and shorting to hopefully either...