Copyright 2021 John R. Taylor, Altcoingazette©

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The (ACG) maintains a (Newsworthy), AI (Artificial Intelligence), Upside Breakout Alert System (UBAS) for it's respective readership. When a cryptocurrency (that is Newsworthy), achieves a significant Upside Breakout (Larger capitalization and on heavy volume.), the ACG covers and publishes such news data. (We also news cover Downside Breakouts). 

The Breakout Trade and the 50% Price Pullback Trade is a great way to showcase cryptocurrency respective Technical Analysis (TA) price action. Some would describe the Upside Breakout Trade as the Classic "Ye Old Pump and Dump"? If you miss the original pump...just wait for the 50% pull back dump, after the original pump and then give it another pump!

All tradable and non-tradable asset classes pull the classic pump and dump, remember internet stocks in the mid to late 1990's? Forex, bonds, precious metals, real estate and fine art all have the tulip mania pump and dump crowd psychology group think behavioral finance price-action. Because Cryptos are "behaving" just like "every other asset class", validates that cryptos are "Just another asset class". Trade and speculate at will, just don't be "That Guy" (Non Gender Specific) that purchases the highest priced tulip bulb\s? 

The classic Upside Breakout Trade is inspired by the famous and most successful market speculator\investor : Jessie Lauriston Livermore, Have quoted: "A Market is Never High to Buy and Never to Low to Sell".

The 50% Price Pullback trade is inspired by W.D. Gann, also known as one of history's most successful market speculators. The 50% Price Pullback trade was W.D. Gann's favorite trade "Entry" point. After the "Livermore" Breakout Trade, watch for the 50% W.D. Gann Retracement Trade for reentry? Some, over the years, have criticized both Livermore and Gann as being capital market charlatans.

This webpage works to showcase both Livermore and Gann's market theories and to see if they have any investing, speculation and or trading merit.  Jesse Livermore's favorite trade was to go Long or Short a market at the "Pivot Point". Livermore didn't look at charts...he looked at the "Price". We will focus on the 50% Price retracement and "Price" and "Pivot Points" on this webpage.

Question: "What happens after these speculation "Time Cycles" complete. Answer: "They reset and the speculation cycle starts all over again".

The #Altcoingazette publishes long term Support and Resistance levels for many of the larger "newsworthy" Capitalization and more active Cryptocurrencies. If and when a #Crypto has a retest of Long term support levels, breakout below Long term support or a Breakout above long term resistance the #Altcoingazette's #UBAS system gives an alert to it's readership! We will work to make updates to this webpage every Friday evening, right after the world's stock markets close. The weekends tend to be rather price action sensitive for crypto during the weekends. In the future our readers will receive #UBAS alerts via email or text etc.


#LINK Long term support levels: $9.79, $10.14 and $11.77
Long term resistance levels: $19.36 and $16.94.

on #Chainlink #Link #LINKUSD on
8/12/2020 at 
$14.50, Link wants $30.00 LINKUSD? Best
case senario is that LINKUSD trades to $30.00ish on the Breakout trade,
then has a 50% price pullback to $14.75ish, then trades
back to $30.00ish and then another Breakout trade above
$30.00ish to $60.00ish, the 10X to $300-$600ish? Anything 
is possible on a Breakout trade? 

8/26/2020 BREAKOUT ALERT update:  #Chainlink #LINK keeps
pulling back to support and then wants to go higher? #LINK
appears to be a crypto to watch on the short term and 
long term upside breakouts? Lots of upside breakout
liquidity \ volume. Lets see if #LINK retests $20.00 #LINKUSD?

8/29/2020 BREAKOUT ALERT UPDATE: #Chainlink #LINK
pulls another upside 
breakout after $15.00 "Higher" support level!
= Positive Divergence. Watch #LINK for additional "UBAS" alerts folks!
Heavy Volume on new breakout!

BREAKOUT ALERT UPDATE: 9/3/2020 #Chainlink #LINK in a fast market...
#LINK big price retrace...#LINK has support @ $9 - $10 #LINKUSD...
Watch #LINKUSD for power pivot back up from long term support...#LINK =
catch the falling knife trade in progress!

BREAKOUT ALERT UPDATE: 9/5/2020 #Chainlink #LINK has many support levels going back to $1.50, $1.75 and $10. Lets see if #LINK pulls back
to long term support $10.00ish and then power pivot back up above resistance
above $20.00? #FAANG stock bubble bursts? Time will tell.

BREAKOUT ALERT UPDATE: 9/6/2020 #Stinkylink: #LINK very nice power pivot on #LINK up from $9.00ish to $12.40!, as suggested above! The W.D. Gann power pivot, with the 50% - 60% price pullback from $20.00 to $9.20 = Nice. I know that my math and spelling isn't perfect, however you got to love the W.D. Gann  50% - 60% price pullback trade!

BREAKOUT ALERT UPDATE: 9/9/2020 #Stinkylink: #LINK very nice power pivot on #LINK up from $9.20 to $12 - $13ish... #LINK wants to be
bought after the price pull back. 

BREAKOUT ALERT UPDATE: 9/15/2020 #Stinkylink: #LINK nice price pullback
to support, down from $13.25 to 10.92389 USD...time to buy the #LINK dip?

BREAKOUT ALERT UPDATE: 9/18/2020 #Stinkylink: #LINK tanking back to long term support...probing support? #StinkyLink does have long term support 
going back to $5.00...whew! #LINK pulls the 50% price retracement down 
from the $20.00 pump price achieved on 8/15/2020. I guess first the Pump
up to $20.00, now the dump. Lets see if the W.D. Gann 50% trade theory 
holds true with #Stinkylink at $10.00. Time will tell. Looks like a classic 
pump and dump?

BREAKOUT ALERT UPDATE: 9/24/2020 #Stinkylink: #LINK pulls back and 
finds long term support at $7.50ish...#LINK to rally back 50% to $13.75ish? Eventually the "Catch the Falling Knife trade" works...lets see if this #LINK power pivot has good to great follow through...time will tell. 

BREAKOUT ALERT UPDATE: 9/27/2020 #Stinkylink: #LINK #Chainlink nice upside power pivot up from last post from new support of $7.50ish, to just over $11.00ish, best guess is that #LINK to back up to $13.75ish...that is a nice rally up from the big pullback from $20.00ish to $7.50ish. "Not Investment Advise". #LINK great trading range. 

BREAKOUT ALERT UPDATE: 10/8/2020 #Stinkylink: #LINK #Chainlink pulls back to $7.50ish support and then to $8.50ish support. Higher support price equals positive divergence? I bet #stinkylink has a nice power pivot back up to $10.00ish?  

BREAKOUT ALERT UPDATE: 10/18/2020 #Stinkylink: #LINK #Chainlink nice bid up from $7.60...looks like it has further to go! Stay tuned for #LINK news updates!

BREAKOUT ALERT UPDATE: 10/22/2020 #Stinkylink: #LINK #Chainlink Nice trade >greater than $12.00ish #LINK very nice bullish price action up from $7.60ish...#LINK higher and higher support levels combined with positive divergence! $12.91 =next resistance for #Stinkylink!

BREAKOUT ALERT UPDATE: 10/24/2020 #Stinkylink: #LINK #Chainlink looking very strong these days! #LINK up from $7.50ish to $13.00ish #LINKUSD. The ACG UBAS system has worked well with #LINK...congrads' to the readers that got some #LINK up from support!

BREAKOUT ALERT UPDATE: 11/6/2020 #Stinkylink: #LINK #Chainlink, nice rally up from $9.86, #LINK pulls back to support, then the power pivot, very good price action with #LINK! 

BREAKOUT ALERT UPDATE: 11/8/2020 #Stinkylink: #LINK #Chainlink, $11.77 pull back to support, then rally up nice to $13.00ish.

BREAKOUT ALERT UPDATE: 11/17/2020 #Stinkylink: #LINK #Chainlink nice pump up from $11.77 to $14.00ish...Nice one!

BREAKOUT ALERT UPDATE: 11/28/2020 #Stinkylink: #LINK #Chainlink Nice power pivot up from $12.00ish! 

BREAKOUT ALERT UPDATE: 11/28/2020 #Stinkylink: #LINK #Chainlink Nice go to $14.00..congrats to the readers in #LINK! 

BREAKOUT ALERT UPDATE: 12/2/2020 #Stinkylink: #LINK #Chainlink price pullback to $13.00ish then the power pivot back up to $14.00ish. #LINK likes to be purchased on the pullbacks.

BREAKOUT ALERT UPDATE: 12/11/2020 #Stinkylink: #LINK #Chainlink wants to retest and then pivot of of $10.00ish, nice price retracement...wants to probe support @10.00? 

BREAKOUT ALERT UPDATE: 12/15/2020 #Stinkylink: #LINK #Chainlink Higher High support level of $12.50ish...wants higher, Resistance of $19.40ish. 

BREAKOUT ALERT UPDATE: 12/18/2020 #Stinkylink: #LINK #Chainlink new Higher High support at $ resistance at $14.33 = Tighter and Higher trading range.  

BREAKOUT ALERT UPDATE: 12/24/2020 #Stinkylink: #LINK #Chainlink finds supports at $9.94, resistance at $11.47ish.

BREAKOUT ALERT UPDATE: 1/1/2021 #Stinkylink: #LINK #Chainlink Nice Pivot Point up from $9.94, Higher High Support levels at $11.00ish and $11.30ish. looks good!

BREAKOUT ALERT UPDATE: 1/4/2021 #Stinkylink: #LINK #Chainlink Nice Pivot point rally up from $9.94 to $15.50ish! $12.60 = Higher High support level pivot point, with $15.50ish = New Resistance.

BREAKOUT ALERT UPDATE: 1/8/2021 #Stinkylink: #LINK #Chainlink Higher High Support level of $14.64 and Higher Resistance of $17.34! Nice upside breakout from $9.94!

BREAKOUT ALERT UPDATE: 1/15/2021 #Stinkylink: #LINK #Chainlink Higher High Support level $18.00ish and Resistance at $20.50ish. Nice uptrend from $15.50 pivot point!

BREAKOUT ALERT UPDATE: 1/22/2021 #Stinkylink: #LINK #Chainlink Nice Pivot Point off of $17.88, Nice pullback from new all time high (Resistance) of $23.80, looks good with nice trading range.


Long term resistance levels: $The Moon $1,148ish and $1,800ish?
Long term support levels: $320, $421, $578, $677 and $961, $1,107 #ETHUSD  

 on #Ethereum #ETH on 8/13/2020 at
$403 ETHUSD, #ETH wants $699 #ETHUSD, thus representing
a 50% rally back? $85 crash price down from $1,432.88. 
#ETH wants $758ish? Breakouts tend to double in price?
$403 X 2 = $806 #ETHUSD? Time will tell. #ETH is
never to high to buy. What happens if #ETH trades above
$1,432.88, the #ETH wants $2,976?

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 8/30/2020
shows additional upside breakout above $403. ACG's AI with 
W.D. Gann's square of nine projection suggests #ETH to
$806 #ETHUSD on future price action. #ETH shows nice 
power pivot up from $376 #ETHUSD!  

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 9/5/2020.
#ETH trades below long term support of $376. New #ETH support
at $250? #ETH has much longer support going back to $100. What 
happens if #ETH pulls back 50% to $244, down from $488 after 
recent pump. Big trading ranges on the larger cap cryptos folks...
developing story...

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 9/9/2020
#ETH pulls back to $310 then rally to $360...#ETH wants to be
purchased on pull backs, nice $50.00 trading range.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 9/19/2020
#ETH nice power pivot up from $355 #ETHUSD, nice cross pair
trading battle going on between #ETH vs. #BTC...DeFi Apps on #ETH
look great...#ETH has resistance @ $378ish and long term 
support @ $250ish = Nice trading range and great speculation.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 10/8/2020
#ETH nice price retracement to $335 on DeFi fallout. Best guess is that 
#ETH should have a nice run up with the upward move in #BTC to $25,000.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 10/18/2020
#ETH up nice from $335 from last post on 10/8/2020, #ETH still wants $699ish?

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 10/21/2020: #ETH upside Breakout to $400ish, clears $390 old resistance...higher support highs! #ETH playing catch up with #BTC = Great cross pair with #BTC vs. #ETH!...still wants $699ish! 

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 10/26/2020: #ETH has resistance at $421 #ETHUSD, we believe that #ETH is going to $1,800 to $1,900ish, we want to wait to purchase #ETH when #ETH trades > Greater than $421ish on the Breakout...#ETH additional resistance at $478ish...for the next Breakout resistance level.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 11/5/2020: #ETH has a nice break out trade > Greater than $421 as level of resistance in #ETH is $478...So $421 to $478 = nice trading range!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 11/19/2020: #ETH, nice rally up from $315 support level up to resistance of $494...= Nice up trend!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 11/28/2020: #ETH Nice pullback to $493 and now the Pivot back up...Resistance at $622ish!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 11/30/2020: #ETH Nice rally vs. #BTC, with higher support levels up from $573ish!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/2/2020: #ETH Nice pullback from $635ish selloff to new support level of $563, now the power pivot back up > greater than $600.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/9/2020: #ETH price retrace to new support level $539, now the pump to $575+!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/11/2020: #ETH rolling over with #BTC rollover...wants to retest $495ish, then power pivot back up with #BTC resumption of upward trend?

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/15/2020: #ETH Higher High support level of $543ish, wants Higher, nice upward trend, resistance at $620ish for the big #Breakout upward?

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/18/2020: #ETH Big pump to $677 = new resistance, with Higher High support at $636...aint no #BTC, but has done well up from $80.00 to $636.   

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/24/2020: #ETH finds supports at $568, resistance at $612ish.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 12/27/2020: #ETH $662 #Breakout...trying to compete with #Bitcoin, nice volume on the #Breakout!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 1/1/2021: #ETH Higher High Support levels, trying to keep up with #Bitcoin, Support at $712ish, sideways consolidation. Resistance at $754ish. #ETH is a nothing burger as compared to #BTC.

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 1/4/2021: #ETH Blows past $754 resistance and goes parabolic to $1,167ish. New Higher High support = $910ish, new resistance = $1,145ish. Nothing burger has some nice momo!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 1/8/2021: #ETH Support Level: $1,177 and Resistance = $1,309ish. Trying to catch up to #BTC. Big uptrend!

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 1/14/2021: #ETH Support $1,093 support and Resistance at $1,279. Nice Pivot Point up from $961. 

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 1/15/2021: #ETH Support $1,100 support and Resistance at $1,279. Nice Pivot Point up from $961. Chasing #BTC up, waiting for all time high #breakout for reentry, if ever?

BREAKOUT ALERT UPDATE: on #Ethereum #ETH on 1/22/2021: #ETH Support $1,107 support and Resistance at $1,432. Higher High of everything! Would certainly buy > Greater than $1,433 at All time new High Price...Never to High to Buy!


on #Orchid #OXT on 8/14/2020 at
0.221 on heavy volume. #OXT wants 0.44? Watch for the
pullback in #OXT old resistance of 0.221 or to 0.30 for 
reentry? #OXT all time high: $0.717451 USD Dec 19, 2019.
A bit late to the dance on the breakout on #OXT, however 
just wait for the 50% price retracement for the Breakout 
prices of 0.221, 0.30 - 0.35 should do it? Time will tell. ZoooM!

BREAKOUT ALERT UPDATE: #Orchid #OXT on 8/28/2020 pulls 
back to support @ 0.4014, then upside Breakout? #OXT builds
a base and the Breakout, Resistance @ .99 #OXTUSD? #OXT 
looks interesting, lets see if #OXT trades above .99 #OXTUSD?

BREAKOUT ALERT UPDATE: #Orchid #OXT 8/28/2020 retrace to 
long term support to $.35ish. The candle high on #OXT was circa $.70,
now the 50% retrace. Do you nibble on #OXT here at $.35ish, for the 
next pump up, or does #OXT retrace to $.21ish? Time will tell.

BREAKOUT ALERT UPDATE: #Orchid #OXT 9/10/2020 Is #OXT 
being accumulated here below .35ish?  

BREAKOUT ALERT UPDATE: #Orchid #OXT 9/17/2020 now below the 50%
price pullback, so what is up with #OXT? Big dump after the big pump,
#OXT looks like it is coiled for the next pump-a-rama? $.21 next? 

BREAKOUT ALERT UPDATE: #Orchid #OXT 9/21/2020 nice run up from
$.30ish to $48ish. Nice base below $.30. Large volume breakout on #OXT folks! 

BREAKOUT ALERT UPDATE: #Orchid #OXT 10/29/2020 Ye Old Pump and fizzle. #OXT big pullback to long term support...Will #OXT Pump again? $0.222 = flatter than an old soda. 100% price retracement from $0.222 from the big pump that started back on 8/13/2020...time to revisit #OXT and nibble here at this price?

BREAKOUT ALERT UPDATE: #Orchid #OXT 11/6/2020 pulls a decent pump up from $.20 to $0.24...lets see if this is just a short squeeze or if it has legs back up to $.35 = 50% price retrace down from $.70 to $.20 equals $.50 trading range...W.D. Gann logic suggests 50% rally back = ($.20 + $.25= $.50 price target)? My best guess is that if #OXT does rally that $.50 is a good rally back point in time?

BREAKOUT ALERT UPDATE: #Orchid #OXT 11/19/2020 Pump and fizzle mode. $0.22 support and $0.272 resistance, plus light volume.

BREAKOUT ALERT UPDATE: #Orchid #OXT 11/23/2020 Decent Pump and #Breakout on #OXT...could Moon, watch this details to follow! 

BREAKOUT ALERT UPDATE: #Orchid #OXT 11/28/2020 Finds new support at $0.25 is...wants to pump again to > greater than $0.35ish?

BREAKOUT ALERT UPDATE: #Orchid #OXT 11/29/2020 #OXT teasing us with a #Breakout...#OXT was "Candle High" approx. $.70 back 8/15/2020...#OXT wants to rally back 50% to $.50ish?

BREAKOUT ALERT UPDATE: #Orchid #OXT 12/2/2020 #OXT new support at $0.285ish, thin volume. 

BREAKOUT ALERT UPDATE: #Orchid #OXT 12/11/2020 #OXT wants to retest long term support of $0.2178, then power pivot back up?

BREAKOUT ALERT UPDATE: #Orchid #OXT 12/15/2020 #OXT Sideways consolidation, pump and fizzle...will #OXT pump again?

BREAKOUT ALERT UPDATE: #Orchid #OXT 12/18/2020 #OXT Pumped nice up from $0.2462 to (New resistance)$0.2755. 

BREAKOUT ALERT UPDATE: #Orchid #OXT 12/24/2020 #OXT New support at $0.2108, resistance at $0.2500ish, nice bid up after selloff.

BREAKOUT ALERT UPDATE: #Orchid #OXT 12/30/2020 #OXT Nice MoMo and wants to #Breakout >$0.25ish?

BREAKOUT ALERT UPDATE: #Orchid #OXT 1/4/2021 #OXT Higher High Support at #Breakout price of $0.23, with nice rally up to $0.26ish! 

BREAKOUT ALERT UPDATE: #Orchid #OXT 1/8/2021 #OXT $0.2593 = Higher High Support with $0.3074 = Resistance. Up trend! Good Breakout > $0.23, nice pivot point.

BREAKOUT ALERT UPDATE: #Orchid #OXT 1/14/2021 #OXT Found support at $.0.2300ish, nice Pivot Point up from $0.2400ish, Support at $0.26ish and resistance at $0.2900ish. 

BREAKOUT ALERT UPDATE: #Orchid #OXT 1/15/2021 #OXT sideways consolidation, with tighter trading range,  $0.2400ish support with $0.2731ish. Waiting for breakout either way.

BREAKOUT ALERT UPDATE: #Orchid #OXT 1/22/2021 #OXT Nice Pivot Point off of Support at $0.2544 after price retracement down from $0.3297 (Resistance). Good MoMo price action off of Support.

On EOS, #EOS on 8/15/20 at $3.44
EOSUSD Weekly chart looks interesting above $3.44. EOS
has a lot of upside potential because All Time High was
$22.89 USD Apr 29, 2018. EOS wants a 50% retrace from
its all time high of $22.89, thus EOS to $10.00ish up from
recent $3.44 Breakout 
#EOS is never to high to buy now
that it has Breakout alert?

On EOS, #EOS on 9/5/202, same story.
Long term support at $1.70ish. Breakout to $3.90ish. $3.90ish divided 
by 50% is $1.95ish. Lets see if #EOS retests $1.95 for W.D. Gann
power pivot back up? Time will tell. 

wants to be purchased < less than $2.00 = 50% price pullback
from pump to $4.00 on 8/15/2020. 

wants to be purchased < less than $2.00 = 50% price pullback
from pump to $4.00 on 8/15/2020. #EOS finds higher support level 
up from $2.75. Is EOS consolidating for the next upside breakout?

BREAKOUT ALERT UPDATE: On EOS, #EOS on 11/6/2020. #EOS nice power pivot up from support level of $2.23. #EOS is one to watch on the price pull backs folks! #EOS want $4.00ish?

BREAKOUT ALERT UPDATE: On EOS, #EOS on 11/19/2020. #EOS all quiet on the #EOS pump front, light volume and consolidating here...lets see if we have an #EOS breakout?

BREAKOUT ALERT UPDATE: On EOS, #EOS on 11/21/2020. #EOS Nice Breakout up from $2.30...more to Goooooooooo!

BREAKOUT ALERT UPDATE: On EOS, #EOS on 11/28/2020. #EOS Nice new support level at $2.75ish...wants $3.75 again in future?

BREAKOUT ALERT UPDATE: On EOS, #EOS on 12/2/2020. #EOS Good pullback to support of $2.96ish, wants $3.20?

BREAKOUT ALERT UPDATE: On EOS, #EOS on 12/11/2020. #EOS same story, wants to retest long term support level of $2.436, then pivot back up?

BREAKOUT ALERT UPDATE: On EOS, #EOS on 12/15/2020. #EOS Trending up from long term support levels, wants higher, has resistance at $3.28ish.

BREAKOUT ALERT UPDATE: On EOS, #EOS on 12/18/2020. #EOS $3.71 long term resistance, then the price pullback to $2.65...then the pumpster to $3.26ish...nice WDGANN trader! Right on De' Mo' Nay!

BREAKOUT ALERT UPDATE: On EOS, #EOS on 12/24/2020. #EOS nice pullback to new support of $2.21 with resistance of $2.60. 

BREAKOUT ALERT UPDATE: On EOS, #EOS on 1/1/2021 Higher support level at $2.59ish, with resistance at $2.70ish.

BREAKOUT ALERT UPDATE: On EOS, #EOS on 1/6/2021 Very nice #Breakout >Greater Than $2.70! $@2.70 = new Support.

BREAKOUT ALERT UPDATE: On EOS, #EOS on 1/8/2021 Higher High support at $2.96 and Resistance at $3.46. Nice Pivot Point at $2.70!

BREAKOUT ALERT UPDATE: On EOS, #EOS on 1/15/2021 Sideways consolidation, with tight trading range between: $2.53 Support and $2.81ish for resistance, waiting for #breakout in either direction.

BREAKOUT ALERT UPDATE: On EOS, #EOS on 1/22/2021 Nice price retracement down from Resistance of $3.808ish Support of $2.52ish, Sideways action, wants $3.00 for rally back? 

 on #OMGNetwork #OMG on 8/13/2020 at 

$1.87 OMGUSD, #OMG wants $12.00? #OMGUSD, thus representing
a 50% rally back? Breakouts tend to double in price?
$1.87 X 2 = $3.75 #OMGUSD Time will tell. #OMG is 
never to high to buy. What happens if #OMG trades above
$28.35, then #OMG wants $47.00ish? 

BREAKOUT ALERT UPDATE: on #OMGNetwork #OMG on 9/2/2020 
huge Breakout pump up to $10.00ish on 8/20/2020, now the price
pullback < Less than 50% pullback to $4.19is on 9/2/2020. This is
a classic price pullback price action in #OMGNetwork #OMG, time
to "Catch the Falling Knife" in #OMGNetwork #OMG at $4.19ish
for the next leg up? Time will tell! 

BREAKOUT ALERT UPDATE: on #OMGNetwork #OMG on 9/5/2020.
#OMGNetwork #OMG big pump up from $2.00 ish to candle high of $10.00, 
true range is breakout to $6.40ish. $6.40 - $2.00 is a trading range of $2.20.
$4.20 is then 50% retrace in #OMG? Thus #OMG < greater than 50% price
retrace. #OMG probing support levels of $3.00 and to probe longer support
of $2.00ish? lets see what happens with the #OMG price action.

on 9/6/2020 #OMG finds price pullback support at $3.40, then the power pivot back up above $4.00. The candlestick high for #OMG is aprox. $10.00, so anything < less than $5.00 to $4.00 is power pivot trading W.D. Gann 50% to 60% trading entry zone for #OMG.

BREAKOUT ALERT UPDATE: on 9/10/2020 #OMG looks like 
it is consolidating long term at $3.50...Don't tell anyone bout #OMG.

BREAKOUT ALERT UPDATE: on 9/12/2020 #OMG nice price action up from
support of $3.25 -$3.50. Lets see if #OMG clears $4.062 to the upside
for nice pump again.

BREAKOUT ALERT UPDATE: on 9/22/2020 #OMG nice price Pump - a - Rama' up from $2.50ish to $3.28ish...and has more to go?

BREAKOUT ALERT UPDATE: on 9/27/2020 #OMG Wow!, Great Price Action up from $2.50, then $2.70 now finding "Higher" support at $3.00! Take notice how #OMG is finding higher and higher support levels! So is #OMG on it's way back to $5.00 on a 50% retrace back up? Looks like it, time will tell on #OMG readers. 

BREAKOUT ALERT UPDATE: on 10/18/2020 #OMG up nice since last post on 9/27/2020, up good from $2.50. $3.15 new #OMG support readers...lets see if #OMG has more to go readers!

BREAKOUT ALERT UPDATE: on 10/26/2020 #OMG hanging in with some good price action up from $2.50ish #OMGUSD...lets see if we have another #OMG pump?

BREAKOUT ALERT UPDATE: on 11/10/2020 #OMG Looken' Good up from $3.00ish!

BREAKOUT ALERT UPDATE: on 11/19/2020 #OMG Pump and fizzle mode + light volume + consolidation...will #OMG pump again?

BREAKOUT ALERT UPDATE: on 11/21/2020 #OMG Up very nice since being listed here on #UBAS...has much more to Goooooooo! Wants $5.00ish!

BREAKOUT ALERT UPDATE: on 11/28/2020 #OMG Nice pullback to $3.35 support level, wants $5.00ish again?

BREAKOUT ALERT UPDATE: on 12/2/2020 #OMG, the pull back from $4.00 to $3.58ish, looks like #OMG is consolidation and wants higher.

BREAKOUT ALERT UPDATE: on 12/11/2020 #OMG same story, wants to retest long term support level of $2.70, then pivot back up?

BREAKOUT ALERT UPDATE: on 12/12/2020 #OMG Pump, then fizzle, now consolidation.

BREAKOUT ALERT UPDATE: on 12/16/2020 #OMG Coiled and ready to pump to $4.00ish?

BREAKOUT ALERT UPDATE: on 12/18/2020 #OMG $2.96 = Higher support resistance @ $3.43ish.

BREAKOUT ALERT UPDATE: on 12/24/2020 #OMG New support of $2.25ish, with resistance of $2.68ish.

BREAKOUT ALERT UPDATE: on 1/1/2021 #OMG Higher High support level of $2.52, new resistance of $2.28ish.

BREAKOUT ALERT UPDATE: on 1/6/2021 #OMG Nice #Breakout > Greater than @2.28. $4.46 = new resistance.

BREAKOUT ALERT UPDATE: on 1/8/2021 #OMG $3.20 Support with $3.92 Resistance. Pivot Point = $2.72. Good run up after #Breakout!

BREAKOUT ALERT UPDATE: on 1/15/2021 #OMG Higher High Support levels: $3.22 Support and $3.77 Resistance. Did Great on last Upside #Breakout!

BREAKOUT ALERT UPDATE: on 1/22/2021 #OMG Higher High Support level of $3.18ish down nice from $4.26ish (Resistance). Wants to be bought > Greater than $3.85 and $4.27.

 #Bitcoin #BTC on 8/17/2020 at $12,400ish, 
heavy volume on #Breakout. Breakouts tend to double in price? 
#Bitcoin #BTCUSD next upside price target $16,000ish? Big Boy
Breakout folks. Old resistance is now support, watch for some great
#BTC Breakout price action. 

#Bitcoin #BTC on 9/6/2020 pulls back
below $10,000 #BTCUSD...the all time high price for #BTCUSD is aprox.
$20,000 back in late 2017 , thus "Buy the Dip" on #BTCUSD anything < $10,000
for a Great Speculation into the future for upside power pivot! 

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 9/19/2020 #BTC nice good 
volume Breakout above $11,000ish...$11,200 = nice 50% price retracement 
for #BTC, down from $12,355ish. $9,800ish pullback from $12,355ish
then the rally back to $11,200ish = Nice...lets see if #BTC has momo follow through and trades above $12,355ish for a nice momo breakout to the 

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 9/24/2020 #BTC, nice power pivot back up to $11,200, up from $9,800 price pullback, then the next price retrace back down to $10,200ish and now the Bear Market rally in #BTC. Nice price action in #BTC!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 10/9/2020 #BTC, #BTC finds "Higher Higher" support up from $10,557 on 10/8/2020. The daily chart signal went "Bullish" on 10/8/2020, so where does #BTC go from here? #BTC wants $25,000ish? Readers, don't tell anyone...#BTC could be fixen' to Bust-a-Move!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 10/21/2020 #BTC Loooken' GoooD' on D Breakout! #Bitcoin wants $20,000 #BTCUSD folks! #BTC never to High to Buy!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 10/22/2020 #BTC shows it's strong nature and pulled the upside breakout >greater than $12,100 #BTCUSD, so where does #BTC go from here? If and or when #BTC has an upside breakout
one tick above it's all time high of $20,000, then #BTC could very easy achieve $40,000 #BTCUSD...Big boy breakout happening folks!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 10/26/2020 #BTC >Greater than $13,000 #BTCUSD = :) 

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 11/5/2020 #BTC...Clears $14,000, mooning wants new all time high > greater than $21,000...then on to $40,000! 

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 11/11/2020 #BTC looks like it is waking up, up nice since $9,500 to Resistance of $15,874ish...looks like #BTC wants $17,000+.

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 11/19/2020 #BTC Super rally up from Covid low of $3,800ish back in mid March 2020 to $18,500 = Wow! If we have a high volume upside #BTC breakout above recent $18,500 and an all time new high price in #BTC...could easily double to $40,000+!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 11/28/2020 #BTC Big Old Power pivot up from $3,900ish to retest so close to all time high price resistance, sure wants to rally back to > Greater than $11,442+! 

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 11/30/2020 #BTC Big Old ALL TIME HIGH BREAKOUT TO THE UPSIDE! Don't underestimate the price action in #BTC now that it has the #Breakout > Greater than $19,783 from December 2017. Congrats readers on #BTC! #BTC = "Never to High to Buy"!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/2/2020 #BTC Nice retrace to $18,203ish, now the consolidation with higher highs...the leader of the pack!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/9/2020 #BTC price pullback to support of $17,900ish...finding support...real long term support at $16,500, doubt it gets that low.

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/11/2020 #BTC Nice price retracement down from new all time high, upward trend still working, $16,733ish 
is retracement support level for continued uptrend.

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/12/2020 #BTC #BTC trading near all time high price, Higher High support at $18,000ish, with resistance at All time high price, could #breakout at any moment...Long term upward trend still in process.

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/16/2020 #BTC New All Time High Upside #Breakout...$25,000 #BTCUSD next or higher?

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/18/2020 #BTC = Big Boy #Breakout for #Bitcoin trade purchase @ all time high price of >$23,800ish...cant wait!

BREAKOUT ALERT UPDATE: #Bitcoin #BTC on 12/24/2020 #BTC $22,785 = Support and $23,470 resistance = tight trading range.

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 12/26/2020 #BTCUSD All Time New High #Breakout price discovery now > Greater than $25,000 wow! $50,000 #BTCUSD next?

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 1/1/2021 #BTCUSD Support at $28,391 with no resistance...100% strong Buy signal on #BTCUSD...wants to be purchased up Trend!

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 1/6/2021 #BTCUSD Big Boy #Breakout! New Higher High Support levels. $31,136.75 Support with $36,839.68 = Resistance.  

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 1/8/2021 #BTCUSD New High. Never to High to Buy! Support Level = $36,899, Resistance Point = $41,389. 
100% Buy and ranks in the Top 1% of all short term signal directions. Long term indicators fully support a continuation of the trend. The market is in highly overbought territory. Beware of a trend reversal.

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 1/9/2021 #BTCUSD parses > Greater Than $41,389 in strong continuation of uptrend! $42,333.51 = New Higher High Resistance level! New Support level = $37,237.53 = Higher High of everything!

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 1/11/2021 #BTCUSD On 1/8/2021, posted above, #Altcoingazette #AI #Quant posted "Beware of a trend reversal".  #BTCUSD has long term upward support at $30,374. This price action in #BTC confirms that #BTC is a valid asset class.  

Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the Up trend.

BREAKOUT ALERT UPDATE: #Bitcoin #BTCUSD on 1/22/2021 #BTCUSD #Bitcoin 10X up from $4,000ish (Support) to $42,000ish (Resistance), trend reversals happen folks. #BTC #Breakout from $20,000ish to $42,000ish = $12,000 #BTC points. 50% of $12,000 #BTC points = $6,000 #BTC trading points, thus $42,000 - $6,000 = $36,000ish, right? WD GANN theory suggests that #BTC wants to be purchased anything <Less Than $36,000ish. 

Technical Opinion rating is a 80% Buy with a Strengthening short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend.


 #Litecoin #LTC on 8/15/202 at $61ish, nice 
breakout volume, #LTC to double to $120ish? Or the $50.00
Breakout on 7/26/18? #LTCUSD #Litecoin wants $100ish?
$LTCUSD Never to high to buy. $50 #LTCUSD looks like
power pivot price for #LTC.  

BREAKOUT ALERT UPDATE: 9/6/2020 #LTCUSD Nice trading range Breakout...$45.00 to $ the 50% pullback to $55.00ish and then back to original $45.00 breakout level. #LTCUSD has gone full circle, is it time to nibble on #LTCUSD at $45.00ish for the next upside breakout?

BREAKOUT ALERT UPDATE: 9/10/2020 #LTCUSD nice pivot up
from support of $45 to $49!

BREAKOUT ALERT UPDATE: 10/10/2020 #LTCUSD great price pullback to $44ish support. #LTCUSD secret is that #LTCUSD could be a 10X play to $450ish, just don't tell anyone.

BREAKOUT ALERT UPDATE: 10/26/2020 #LTCUSD up nice from $44+...wants $450isn in the next five years?

BREAKOUT ALERT UPDATE: 11/10/2020 #LTCUSD nice trading range...wants higher.

BREAKOUT ALERT UPDATE: 11/10/2020 #Litecoin #LTCUSD up very nice since its listing here on the #UBAS...Found support @ $57ish...still wants $100ish! 

BREAKOUT ALERT UPDATE: 11/10/2020 #Litecoin #LTCUSD Higher Highs on support levels...$66 support set and higher breakout support level set at $70ish...still wants higher readers!

BREAKOUT ALERT UPDATE: 11/19/2020 #Litecoin #LTCUSD Higher Highs again! $44 up to $80...rather bullish on #LTC on the pull backs...still wants $450ish in the next 36 months, just don't tell anyone. 

BREAKOUT ALERT UPDATE: 11/28/2020 #Litecoin #LTCUSD Nice price retracement down from $93 to $65...wants $80ish + easy...nice one!

BREAKOUT ALERT UPDATE: 11/30/2020 #Litecoin #LTCUSD Clears $80.00ish and wants $100.00ish.

BREAKOUT ALERT UPDATE: 12/2/2020 #Litecoin #LTCUSD showing some nice momo price action, with higher higher support levels.

BREAKOUT ALERT UPDATE: 12/11/2020 #Litecoin #LTCUSD wants to retest $67ish for the next power pivot back up? 

BREAKOUT ALERT UPDATE: 12/15/2020 #Litecoin #LTCUSD Higher High support level at $72.00ish, with resistance at $90.00, still bullish trend and wants $100.00. 

BREAKOUT ALERT UPDATE: 12/17/2020 #Litecoin #LTCUSD Done good! Mooning and wants higher still! $101 new Higher High support level!

BREAKOUT ALERT UPDATE: 12/24/2020 #Litecoin #LTCUSD $100.00 = Support and $109ish = resistance.

BREAKOUT ALERT UPDATE: 1/1/2021 #Litecoin #LTCUSD Higher support level of $123, up from $100 support level. Resistance at $133 and then $135ish.

BREAKOUT ALERT UPDATE: 1/6/2021 #Litecoin #LTCUSD Blows past $135 Resistance on the #Breakout. Support: $149.9146 and Resistance: $167.9869. 

BREAKOUT ALERT UPDATE: 1/8/2021 #Litecoin #LTCUSD $153 Support = Higher High support level. $180 = Resistance. Nice Uptrend. Wants Higher!

BREAKOUT ALERT UPDATE: 1/8/2021 #Litecoin #LTCUSD $125 Support = Higher High support level. $151 = Resistance. Sideways consolidation. Follows #BTC. 

BREAKOUT ALERT UPDATE: 1/22/2021 #Litecoin #LTCUSD Higher High Support Level at $130ish with Resistance at $150ish and $163ish. Wants to follow #BTC.

#Auger #REP on 8/21/2020 at $23.50, nice

high volume breakout/s, should double to $50.00 in the future? #REP 
never to high to buy. Buy the dip on #REP. Looking strong #REPUSD
= nice cross 
pair. Many Breakouts on #REP going back to $5, $10 etc.

8/25/2020: #Auger #REP Dumping and retesting long term
support at BREAKOUT ALERT LEVEL = 100% Pump and Dump 
retrace, very interesting. Is #Auger #REP going to pump again? 

BREAKOUT ALERT UPDATE: 9/3/2020 #Auger #REP dumps big
after the big pump! #REP down from $37ish on 8/21/2020 to
$17ish = > 50% price retrace! Classic W.D. Gann price entry 
setup at $17ish? Lets see if #REP pumps up from here again?

BREAKOUT ALERT UPDATE: 9/10/2020 #Auger #REP is in 
the 50% retrace pullback zone after the pump up to $37...just kind of
sitting at:$16.64 USD. 

BREAKOUT ALERT UPDATE: 9/11/2020 #Auger #REP low volume 
mini pump up from 16.64 USD...very thinly traded above $16.98.

BREAKOUT ALERT UPDATE: 9/26/2020 #Auger #REP on 8/20/2020 #REP pumps up to aprox $32ish...then pulls the price retracement pullback to $13.00ish. $32.00 minus $13.00 equals a $19.00 point trading range. $19.00 divided by 50% equals $9.5. $13.00 is long term support for #REP, thus add $9.5 to the $13.00 long term support level and that places #REP at $22.5 in the future. "Not investment Advise" and based on W.D Gann and R.N Elliott theory.

BREAKOUT ALERT UPDATE: #Auger #REP on 10/9/2020 #REP finds long term at $12.78 and then power pivot back up to $14.00ish, #REP wants $20.00ish to $22.50ish in the future? 

BREAKOUT ALERT UPDATE: #Auger #REP on 10/26/2020 Nice pullback to support @$13.00ish.

BREAKOUT ALERT UPDATE: #Auger #REP on 10/29/2020, Nice Upside Breakout, found good support at $12.00ish, then then Great power pivot back 
up from $12.00ish wants to $22.00ish over time?

BREAKOUT ALERT UPDATE: #Auger #REP on 10/30/2020, Ok it looks like #REP is having a nice power pivot up from $12.00 #REPUSD, so is #REP setting up for a run to $22-23 again, #REP was nearly $37 recently on 10/21/2020, #REP could rally back 1\2 of what it lost down from $37 $22-$25 is rather possible for #REP, this is what W.D. Gann would say, right?

BREAKOUT ALERT UPDATE: #Auger #REP on 11/10/2020 Up nice again up from $13.00ish support to $17.00 = Nice!

BREAKOUT ALERT UPDATE: #Auger #REP on 11/19/2020 What can we say bout old #REP, light volume, has support at $12.00ish, was $35 on 8/21/2020...slow consolidation on #REP.  

BREAKOUT ALERT UPDATE: #Auger #REP on 11/28/2020 Price retrace to $13.95 ...lets see if we have another #REP pumpster!

BREAKOUT ALERT UPDATE: #Auger #REP on 12/2/2020 Done well power pivot up from $13.95 support level!

BREAKOUT ALERT UPDATE: #Auger #REP on 12/5/2020 Nice #Breakout > Greater than $18.00ish. New Higher Support level on #REP @$18.00ish!

BREAKOUT ALERT UPDATE: #Auger #REP on 12/8/2020 #REP to retest long term support at $15.38?

BREAKOUT ALERT UPDATE: #Auger #REP on 12/9/2020 #REP did retest some support then power pivot up to $20.00ish...wants to be purchased on price pullbacks.

BREAKOUT ALERT UPDATE: #Auger #REP on 12/11/2020 #REP wants to retest support $15.50ish for the next power pivot back up? 

BREAKOUT ALERT UPDATE: #Auger #REP on 12/15/2020 #REP = Pump, fizzle and now consolidation.

BREAKOUT ALERT UPDATE: #Auger #REP on 12/18/2020 #REP #Breakout >Greater than $17.40ish, nice pump breakout to $24.39 #REPUSD!

BREAKOUT ALERT UPDATE: #Auger #REP on 12/24/2020 #REP $16.24 new support $18.45 = resistance.

BREAKOUT ALERT UPDATE: #Auger #REP on 1/1/2021 #REP down trend on the hourly chart, with lower low support levels, probing long term support.

BREAKOUT ALERT UPDATE: #Auger #REP on 1/6/2021 #REP $16.65 support and $20.62 resistance. Higher High Support level.

BREAKOUT ALERT UPDATE: #Auger #REP on 1/8/2021 #REP $17.71 = Higher High support level, Resistance at $19.79ish. #REP good MoMo!

BREAKOUT ALERT UPDATE: #Auger #REP on 1/15/2021 #REP $18 = Support and $20.50 = Resistance. $18.74 = Pivot point.

 #0x 8/26/2020 pulls many upside Breakouts from .30 
#0xUSD to $.97 #0xUSD. The Breakout trading range is .67 cents
for #0x, what is 50% of .67 cents = .34 cents? Thus .97 cents minus
.34 cents = .63 cents for the 0x 50% W.D. Gann price retrace?
Lets see if W.D. Gann's 50% square of nine retrace theory is
correct for 0x @ .63 #0x for re-entry for the next leg up? 

BREAKOUT ALERT UPDATE: on #0xUSD 9/2/2020. 0x pulls the pump up
to aprox. $.97 on 8/21/202, then huge technical pullback to $0.51 on 9/2/202,
thus representing rather close to a 50% price retrace! Will 0x rise again?
Is 0x oversold at $0.51? Is the math correct for re-entry in 0x at $0.51? 
Time will tell...stay tuned for developing news story on 0x.  

BREAKOUT ALERT UPDATE: on #0xUSD 9/10/2020. #0x wants to be 
purchased at pull back prices at support levels...50% to 60% price pullback
here at 0.460920 USD? 0x wants $.70?

BREAKOUT ALERT UPDATE: on #0xUSD 9/10/2020 0x is to be watched
on this pullback to 0.468873 USD...could go big up. 

BREAKOUT ALERT UPDATE: on #0xUSD 9/13/2020 #0x nice
price retrace vs. #BTC at 0.47. Looks oversold?

BREAKOUT ALERT UPDATE: on #0xUSD 9/15/2020 #0x, pulls back 
again and is retesting support here at: 0.454717 USD. The Alt coins are showing
weakness, so lets see if #0xUSD pulls the power pivot back up from

BREAKOUT ALERT UPDATE: on #0xUSD 9/24/2020 #0x, pulls back to .34, finds long term support and then pulls an upside trend channel breakout. Nice pump up n from .34ish to $.38ish...lets see if we have some great momo with #0xUSD back up to .60ish and beyond?

BREAKOUT ALERT UPDATE: on #0xUSD 9/24/2020 #0x So I have this good feeling that 0x is going to run big after the price retracements, wants to be bought on all of the nice price retracements. $.33 and then higher support at $.37 looks good, after all 50% of $.80 is $ anything <Less Than $.40 0x should power pivot back up. Next leg up for 0x is $.60? 0x wants to "Catch a Wave", Me thinks so.

BREAKOUT ALERT UPDATE: on #0xUSD 10/8/2020 #0x nice price retracement to $.337 and then $.339, then nice power pivot back up to $.50 - $.60 in the future...sit tight for #0xUSD momo upside updates.

BREAKOUT ALERT UPDATE: on #0xUSD 10/26/2020 #0x one to watch on price pull back to support!

BREAKOUT ALERT UPDATE: on #0xUSD 11/5/2020 #0x, Nice Power Pivot up from $.31 = Very nice #0x momo...lets see if 0X trades > greater than $..35 for the big breakout?

BREAKOUT ALERT UPDATE: on #0xUSD 11/10/2020 #0x nice Breakout above $.35...wants to be purchased on all pull backs!

BREAKOUT ALERT UPDATE: on #0xUSD 11/19/2020 #0x Nice consolidation trading range on decent volume, wants to pump again above $0.38?

BREAKOUT ALERT UPDATE: on #0xUSD 11/21/2020 #0x could be a big pumper in the future now being listed here on #UBAS...could easy rally back up to $0.50ish folks!

BREAKOUT ALERT UPDATE: on #0xUSD 11/24/2020 #0x Now > greater than $0.50 next stop Upside #Breakout to $0.73ish...Could Goooooooooo!

BREAKOUT ALERT UPDATE: on #0xUSD 11/28/2020 #0x Doesnt seem to fail to want to be bought on the price retracements! Looks like it wants $0.45+!

BREAKOUT ALERT UPDATE: on #0xUSD 12/2/2020 #0x, Like the price action on #0x, still the same...wants to be nibbled on, on the pullbacks. 

BREAKOUT ALERT UPDATE: on #0xUSD 12/9/2020 #0x nice price pull back, then back up...nice one!

BREAKOUT ALERT UPDATE: on #0xUSD 12/11/2020 #0x currently long term support of $0.354900 USD, could power pivot off of $0.354900 USD#0X?

BREAKOUT ALERT UPDATE: on #0xUSD 12/15/2020 #0x looks good for the short term wave trader, long term #0x forms cup and handle to #breakout to the upside...been a good trader! 

BREAKOUT ALERT UPDATE: on #0xUSD 12/18/2020 #0x Nice power pivot off off long term support of $0.354900...wants to #Breakout > Greater than $0.5070...we could only be so blessed, right readers!

BREAKOUT ALERT UPDATE: on #0xUSD 12/24/2020 #0x new support at $0.310000ish, nice price pullback then the power pivot up, resistance @ $0.360000ish, nice trader on pull backs.

BREAKOUT ALERT UPDATE: on #0xUSD 1/1/2021 #0x Higher support level at $0.35ish, higher support after nice price pullback, with good momo!

BREAKOUT ALERT UPDATE: on #0xUSD 1/1/2021 #0x Nice #Breakout > $0.4292! $0.5312 Resistance. Great Momo. Been good trader on the #Breakouts. 

BREAKOUT ALERT UPDATE: on #0xUSD 1/8/2021 #0x $0.4120 = Higher High support level, with $0.4458 Resistance. Great upside MoMo after #Breakout!

BREAKOUT ALERT UPDATE: on #0xUSD 1/15/2021 #0x $0.4120 = $.44ish  support level, with $0.54ish Resistance. Higher High Support levels, thus trend = Up.

BREAKOUT ALERT UPDATE: on #0xUSD 1/22/2021 #0x Nice price retracement down from $0.62ish, finds good Support at $0.44 and Great Pivot Point off of $0.48, Nice MoMo...lets see if we have continued MoMo > Greater than $0.54ish!


on #Bitcoin Cash #BCH 11/10/2020 up nice from support of $206, more to go!

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 11/19/2020 Consolidating was greater than $325 Resistance in August 2020, nice to see #BCH > $325 on heavy volume breakout...time will tell on #BCH

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 11/21/2020: Nice breakout > Greater than $273, up nice since being listed here on #UBAS!

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 11/23/2020 Right at #resistance at $320ish...standby...#BCH could pull z jumbo #Breakout >322ish #BCHUSD! Not investment story...!

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 11/28/2020 Finds support at $255...wants $325ish?

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 11/30/2020 Building Higher High support levels...showing some nice momo soon to > $325ish?

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 12/2/2020 $280ish new support level.

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 12/11/2020 Trades below $280ish support level and is probing support levels $244, for the power pivot back up?

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 12/15/2020 Higher High support levels, new Higher support at $288ish up from $244...wants to be purchased.

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 12/18/2020 Higher High support level new support @ $ resistance @ $325ish.

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 12/24/2020 Support $272ish after price retracement, Resistance at $393ish.

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 1/1/2021 Higher High support levels, $334, resistance = $393.

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 1/6/2021 Nice #Breakout > Greater than $393 mentioned above. Resistance at $444ish and support at $395ish. #BCH aint "Forking Around" > Greater than $444!

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 1/8/2021 $432 support and Resistance at $481, up nice, with Higher High suppt. Nice Pivot up from $272!

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 1/15/2021 $433 support and Resistance at $510. $511 Pivot point? Been good upside MoMo.

BREAKOUT ALERT UPDATE: on #Bitcoin Cash #BCH 1/22/2021 $416 support and Resistance at $498. $511 Pivot point? Higher High Support Level, wants to be purchased >Greater than $498ish.

on #DASH 11/11/2020...#DASH up great since being listed on the #ACG #UBAS system!

BREAKOUT ALERT UPDATE: on #DASH 11/19/2020...#DASH Higher and Higher support levels on good volume and larger market cap. Long term resistance at $100.00ish for #DASH!

BREAKOUT ALERT UPDATE: on #DASH 11/21/2020...#DASH up nice since being listed here on #UBAS on 11/11/2020 at $70.00ish...has a lot more to go! Wants a min of $100.00ish!

BREAKOUT ALERT UPDATE: on #DASH 11/23/2020...#DASH right at resistance...could have alot more to go if and when #breakout above $100.00 #DASHUSD!

BREAKOUT ALERT UPDATE: on #DASH 11/28/2020...#DASH has not disappointed $85.00ish support levels!

BREAKOUT ALERT UPDATE: on #DASH 12/2/2020...#DASH pulls back to $100.00ish, DASH coiled for $110+?

BREAKOUT ALERT UPDATE: on #DASH 12/11/2020...#DASH probing long term support level $86-$87ish for next power pivot back up?

BREAKOUT ALERT UPDATE: on #DASH 12/15/2020...#DASH Higher High support levels at $94ish, resistance at $99ish = tighter trading range, wants to #breakout > greater than $99ish? Resistance @ $113ish.

BREAKOUT ALERT UPDATE: on #DASH 12/18/2020...#DASHUSD New resistance @ $115ish and new support @104.50ish #DASH looking DASHing'!

BREAKOUT ALERT UPDATE: on #DASH 12/24/2020...#DASHUSD $87 support and $95ish resistance, nice pullback form $117.

BREAKOUT ALERT UPDATE: on #DASH 1/1/2021...#DASHUSD downtrending and wants to retest long term support of $98ish? Higher support levels on #DASH. $109 = resistance. 

BREAKOUT ALERT UPDATE: on #DASH 1/6/2021...#DASHUSD Broke down technically and finds new support at $86.4959 and new Resistance at: $102. Good Momo trader.

BREAKOUT ALERT UPDATE: on #DASH 1/8/2021...#DASHUSD $93 = Support with Higher High support levels, Resistance = $106ish. Trend = Up.

BREAKOUT ALERT UPDATE: on #DASH 1/15/2021...#DASHUSD $120 = Support with Higher High support levels, Resistance = $132ish. Trend = Up. Higher High Support levels, very tight trading range, had #great Pump last week.

BREAKOUT ALERT UPDATE: on #DASH 1/22/2021...#DASHUSD $96ish Support Level with resistance at $114ish, Big trading range on #DASH folks! $149ish long term resistance. 


on #Maker #MKR 11/12/2020 has support at $430 and resistance at $794...#MKR one to watch.

BREAKOUT ALERT UPDATE: on #Maker #MKR 11/19/2020 #MKR Nice power pivot up from $500 for #MKR...lets see if we can have further rally > $537. 

BREAKOUT ALERT UPDATE: on #Maker #MKR 11/21/2020 #MKR wants $650ish...lighter volume...being purchased...volume is up since being listed here on #UBAS!

BREAKOUT ALERT UPDATE: on #Maker #MKR 11/28/2020 #MKR Nice price retrace to new support level of $500.00ish...wants $575ish?

BREAKOUT ALERT UPDATE: on #Maker #MKR 11/30/2020 #MKR Nice momo > $575ish!

BREAKOUT ALERT UPDATE: on #Maker #MKR 12/2/2020 #MKR Nice power pivot off of $523!

BREAKOUT ALERT UPDATE: on #Maker #MKR 12/11/2020 #MKR waves of price action. Support at $488ish.

BREAKOUT ALERT UPDATE: on #Maker #MKR 12/15/2020 #MKR Higher High support levels...wants Higher still! New #Breakout + Higher support level of $530 up from $488!

BREAKOUT ALERT UPDATE: on #Maker #MKR 12/18/2020 #MKR #Breakout city >greater than $559!

BREAKOUT ALERT UPDATE: on #Maker #MKR 12/24/2020 #MKR $497 new support after price pullback from $581ish. $526 = resistance.

BREAKOUT ALERT UPDATE: on #Maker #MKR 1/1/2021 #MKR pulls the #Breakout > greater than $526ish upto $600, with resistance at $613ish.

BREAKOUT ALERT UPDATE: on #Maker #MKR 1/6/2021 #MKR To de Mooooon after #Breakout > Greater Than $613 resistance mentioned above! Resistance?

BREAKOUT ALERT UPDATE: on #Maker #MKR 1/8/2021 #MKR Big Old #Breakout from $744ish, then to the Mooooon, to $1,150 = new resistance, tighter trading range, with Higher High support levels, Huge up pivot from $430ish! 

BREAKOUT ALERT UPDATE: on #Maker #MKRUSD 1/15/2021 #MKR Huge winner from $613 Resistance #Breakout mentioned above. Trading close to new Higher High Support level of $1,381, Blows past old resistance of $1,150, with new Resistance of $1,694ish. Looks like it is at the Pivot Point again? 

BREAKOUT ALERT UPDATE: on #Maker #MKRUSD 1/22/2021 #MKR Nice Rally off of $1.072ish with $1,926 long term Resistance, likes being purchased on price retracements folks. 

on #Stellar #XLM 11/12/2020 Long term support at $0.62 and Long term Resistance at $0.115...nice trading range.

BREAKOUT ALERT UPDATE: on #Stellar #XLM 11/13/2020 #XLM having a bid up readers...looks like it wants to Goooo!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 11/19/2020 #XLM up good from  Higher Higher support support on nice volume!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 11/21/2020 #XLM Going parabolic, up very nice since its listing here on #UBAS on 11/12/2020...looks like it wants to retest resistance! 

BREAKOUT ALERT UPDATE: on #Stellar #XLM 11/24/2020 #XLM Looks like a huge #Breakout on #XLM...has potential to be a 4X folks!...Watch for further upside #Breakouts!...My best guess is that if Jesse Livermore was looking at #XLM, he would say "XLM is Never to High to Buy" and "Should Retest it's old all time High set back in 2017" Not Investment Advice! 

BREAKOUT ALERT UPDATE: on #Stellar #XLM 11/28/2020 #XLM Higher Highs...wants to be bought on price pullbacks!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 11/30/2020 #XLM Up nice in the last 2 weeks...wants to be added to with additional purchases.

BREAKOUT ALERT UPDATE: on #Stellar #XLM 12/2/2020 #XLM, consolidating sideways after pullback.

BREAKOUT ALERT UPDATE: on #Stellar #XLM 12/9/2020 #XLM Nice up volume after finding support after price pull back to $0.140352ish. Larger market Cap!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 12/11/2020 #XLM Probing support at $0.1487 USD, then next lower support level is $0.098000ish, Great momo and price swings!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 12/16/2020 #XLM Power Pivot and #Breakout! Great MoMo!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 12/18/2020 #XLM Nice price retracement to Higher and Higher support levels Support and Resistance $0.1749ish and resistance @$0.2058 

BREAKOUT ALERT UPDATE: on #Stellar #XLM 12/24/2020 #XLM Seems to always wants to be purchased on the price pullbacks: Support at $0.115200 and resistance at: $0.159020ish with cup and handle with pending upside #breakout above resistance? Nice power pivot off of new support level mentioned above.  

BREAKOUT ALERT UPDATE: on #Stellar #XLM 1/1/2021 #XLM Has de  MoMo on the pullback and wants to pump? Upside trendchannel #breakout? Double bottom in #XLM at $0.124ish (support) and resistance at $0.154ish. 

BREAKOUT ALERT UPDATE: on #Stellar #XLM 1/5/2021 #XLM Very nice #Upside #Breakout >greater than $0.154ish! Very nice pivot from $0.124ish old support level...up huge after Breakout!

BREAKOUT ALERT UPDATE: on #Stellar #XLM 1/6/2021 #XLM Big Parabolic #Breakout on #XLM >greater than $0.154! $0.4080ish = new Resistance.  

BREAKOUT ALERT UPDATE: on #Stellar #XLM 1/8/2021 #XLM $0.2765 new support, resistance $0.3287, tighter trading range. Trend is up.

BREAKOUT ALERT UPDATE: on #Stellar #XLM 1/15/2021 #XLM Looks like it is forming a Large Cup & Handle? Trading at Higher High Support level of $0.278524 USD? Handle Resistance\ #Breakout at > Greater than $0.31ish. Really long term support at $0.22ish, super long term resistance at $0.32ish. 

BREAKOUT ALERT UPDATE: on #Stellar #XLM 1/22/2021 #XLMUSD Nice pivot off of $0.23ish (Support) $0.36 Long term Resistance. Likes being purchased on price retracements back to Long Term Support Levels.


on #Cosmos #ATOM 11/12/2020 Nice Staking reward!

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 11/21/2020 up nice since listing on #UBAS on 11/12/2020 above readers! Resistance at $8.50!

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 11/28/2020 Up Nice from $5.1...wants $6.00ish again?

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 12/2/2020 Trades downs nice to $5.20ish. Trades like a bond, nice staking reward!

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 12/24/2020 Nice price pullback to new support level $4.25ish then power pivot back up. Resistance at $4.944ish. Not many updates on #ATOM trades like a nice bond for us.

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 12/29/2020 Nice pivot point off of $4.25 plus the new upside #breakout >Greater than $4.944ish = Looken' Good!

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 1/1/2021 $4.25 pivot point worked great up to $6.50ish = nice momo trading range. Now the support retest of $5.66ish?

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 1/6/2021 $7.00 = new resistance...higher high support level!

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 1/8/2021 Nice price retracement down from $7.00ish, wants to retest support levels. $5.70 = new support. 

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 1/15/2021 Nice price action on #ATOM folks! Higher High support level at $6.25 with Higher High Resistance at $8.18ish! That Pivot Point off $6.25ish was nice!

BREAKOUT ALERT UPDATE: on #Cosmos #ATOM 1/22/2021 Good price retracement to $6.70ish (Support) Resistance at $8.48ish and $8.93ish, Nice one folks!

on #Tezos #XTZ 11/12/2020 Nice Staking reward!

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 11/12/2020 Readers don't tell anyone...#XTZ could be huge short squeeze...wants $3.50ish...Shhhhh....!

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 11/28/2020 Nice pullback to support of $2.16...the lower it goes...the higher the staking reward...trades like a nice bond.

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 12/2/2020 The lower #XTZ goes...the greater the staking reward = Nice!

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 12/24/2020 Nice price pullback to new support level $1.77ish nice power pivot back up. wants to be bought on pullback like its cousin #ATOM.

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 1/1/2021 Uptrend with higher High support levels. $2.00ish = higher support and $2.12 = resistance = tighter trading range with uptrend.

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 1/6/2021 $2.74 = New resistance level. $2.30 Higher High support level.

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 1/8/2021 $2.33 Support and $2.59 Resistance, with uptrend. Nice!

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 1/15/2021 Higher High Support level at $2.53ish and Resistance at $2.80ish, wants to be purchased, Nice #Uptrend in #XTZ!

BREAKOUT ALERT UPDATE: on #Tezos #XTZ 1/22/2021 $2.35 New Support level and $3.15 New Resistance. Nice Momo likes to be purchased on price retracements.

on #Ether Classic #ETC 11/12/2020 Looks like it wants to go!

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 11/21/2020 Huge pump up from $5.00ish to $8.00ish since listing on #UBAS!

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 12/11/2020 Probing long term support? Wants to retest $5.052ish? All depends what #ETH does along with #BTC, right? 

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 12/16/2020 Nice power Pivot...following #ETH and #BTC!

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 12/18/2020 $6.00 support Resistance @$6.65ish, thus consolidation + Base building.

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 12/24/2020 Nice pullback to support level $4.94 then Resistance at $6.147ish...#ETH related...what can can we say?

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 1/1/2021 Higher support level of $5.58 with resistance at $5.82 = sideways. ZZZZZZZzzzz.

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 1/6/2021 Nice #Breakout with price discovery related to #ETH. Resistance at $7.88ish.

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 1/8/2021 $6.72 = Higher Support level, with Resistance at $7.192 = Resistance, with tighter trading range. 

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 1/15/2021 Nice 50% retracement from $15.00ish pump up from $5.58 long term support level. $9.98 = Resistance and $8.28 = Resistance = Tight trading range. Wants $12.00ish?

BREAKOUT ALERT UPDATE: on #Ether Classic #ETC 1/22/2021 $7.40 New Support and $8.73 Resistance. Full circle trade, Breakout at $7.80ish, pumps to $13.22, now the price retracement to $7.710 ETCUSD. Time to nibble on 50% retracement? 

on #Algorand #ALGO 11/20/2020 Lot of potential on this one, did pump to $0.763 on 8/13/2020...way oversold and wants to rally back 50% of the price  retracement?

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 11/21/2020 Don't under estimate #ALGO...big rally back in future?

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 11/28/2020 Nice price retrace...wants $0.35ish?

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 12/2/2020 Likes to be purchased on the pull backs to support at $0.30 and then the power pivot back up on good volume. Nice momo.

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 12/11/2020 wants to probe long term support @ $0.2258ish, then the next power pivot?

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 12/16/2020 Higher High support levels...nice wave trading...looks Great!

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 12/18/2020 #Breakout on the 15 minute chart...resistance breached...wants higher still?

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 12/24/2020 $0.2778ish = new support = looks good on the 15 min. chart up from new support levels, nice staking reward and good momo.

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 1/1/2021 Nice #upsidebreakout > pivot point nice off of $0.2778ish, new resistance of $0.4267ish...nice MoMo on the #breakout mentioned above on 12/18/2020!

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 1/6/2021 Nice #upsidebreakout, blows past resistance of $0.4267ish mentioned above! $0.6637 new resistance. 

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 1/8/2021 $.48ish Resistance, $.42 Support. Higher Support levels, good #Breakout.

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 1/8/2021 Higher High everything. Retests $0.4253 Pivot Point. $0.4931 Resistance = Up Trend!

BREAKOUT ALERT UPDATE: on #Algorand #ALGO 1/22/2021 Nice retracement to $0.43ish, $0.48ish Pivot Point. $0.55ish resistance.


on #Kyber Network #KNC 

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 11/21/2020 Readers #KNC could rally big time in the future...$1.50 easy! Shhhh...dont tell anyone....

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 11/25/2020 #KNC Nice Upside Breakout...decent volume...Wants $1.50ish.

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 11/28/2020 #KNC Nice pullback to $0.9085...wants $1.00+.

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 12/2/2020 #KNC momo ...looks like a go go! 

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 12/11/2020 #KNC Big old rally up...then the probing of long term support level at $0.7794, then power pivot back up?

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 12/16/2020 #KNC Nice price pullback to $.91 support level...then power pivot up!

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 12/18/2020 Sideways consolidation with pending #Breakout <Greater than $0.9385? 

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 12/24/2020 Support price pullback to $0.7197 = new support , nice momo up from new support level , resistance at $0.89ish.

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 1/1/2021 Higher support level at $0.7865ish, new resistance at $0.836ish. Down trend folks...wait for the upside breakout. $0.7035 = long term support to be retested?

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 1/6/2021 Very nice #Breakout > $0.836ish! $1.33 new Resistance.

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 1/8/2021 Big #Breakout at $.88ish, then the power pivot up to $1.25ish = New resistance. $.99ish and $1.18 = support and resistance = tighter trading range.

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 1/15/2021 Lots of good volume and trading MoMo! Retested Support at $0.89ish with Higher High Support levels at $1.07ish with Resistance at $1.17 and $1.28ish. Looks good with Great price action!

BREAKOUT ALERT UPDATE: on #Kyber Network #KNC 1/22/2021 Higher High of everything, wants to be purchased on pullbacks, Support $1.15ish and Resistance at $1.43ish thus Trend is up! 

on #Compound #COMP 11/15/2020 Up nice from Support of $ resistance at $183, nice one!

BREAKOUT ALERT UPDATE: on #Compound #COMP 11/28/2020 Nice price retrace to new support of $100.00ish...wants $120.00ish.

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/2/2020 New support at $103, with $117 resistance.

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/3/2020 Pushes above $117 resistance, $135 = new resistance! #COMP could be huge readers...Shhh dont tell anyone. If #COMP clears $135 resistance...#COMP could reach $250ish...shhh dont tell anyone. 

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/7/2020, Wow! Clears $135, now new power pivot off of $135ish...on its way to $250ish? Shhhh readers keep it quiet on #COMP to $250ish.

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/11/2020 wants to retest higher support level at $135 again and the power pivot to $250? We could only be so fortunate, right readers?

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/14/2020 #COMP now Higher High support level at $144, up from support of $135ish! $170 next level of resistance for #COMP?  

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/18/2020 #COMP Consolidation with pending Upside #Breakout >Greater than $162.00ish?

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/24/2020 #COMP price retracement to new support level of $125ish with resistance @147ish.

BREAKOUT ALERT UPDATE: on #Compound #COMP 12/30/2021 #COMP Showing some Great MoMO!, #Breakout >$147...looken' GooooD!

BREAKOUT ALERT UPDATE: on #Compound #COMP 1/6/2021 #COMP nice #Breakout >$147! $255ish new resistance!

BREAKOUT ALERT UPDATE: on #Compound #COMP 1/8/2021 #COMP $156 Higher High Support and $181ish new resistance =Tighter trading range, been good up from pivot point of $135ish.

BREAKOUT ALERT UPDATE: on #Compound #COMP 1/15/2021 #COMP Higher Highs in everything, one to watch readers! $223 = Resistance and $174 Higher Pivot Point Support level!

BREAKOUT ALERT UPDATE: on #Compound #COMP 1/22/2021 #COMP Nice MoMo off of $166ish (Support) and Resistance at $213. Nice one folks!

on #Band Protocol #BAND New support level at $5.50ish.

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 11/28/2020 Finds new support at $5.50ish wants $7.00ish?

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 12/2/2020 Nice price pull back to support, now the pumper! Whew!

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 12/11/2020 #BAND price retracement power pivot up from $5.61ish?

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 12/16/2020 #BAND Higher support level of $6.30...looken good!

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 12/18/2020 Consolidation Support @$6.45 and Resistance @ $6.83ish.

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 12/24/2020 price pullback to support of $4.94...bildge pumps working. 

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 1/1/2021 Down trend, with long term support at $3.94 to be retested in continuation of down trend?

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 1/6/2021 #Breakout > greater than $6.10, nice pivot point off of $5.00 with double bottom at $5.00.

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 1/8/2021 $7.81 = new Higher High Support, with $10.50 = Resistance, tighter trading range.

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 1/15/2021 $8.67 Pivot Point. Great retest of new long term support level of $7.29!Up nice today of continuation of Uptrend...wants to be purchased >greater than $10.51 Breakout Resistance level and certainly > greather than $11.40ish! 

BREAKOUT ALERT UPDATE: on #Band Protocol #BAND 1/22/2021 Nice rally off of Support of $7.39 with resistance at $8.91 and $9.12ish. Higher High Support levels with good MoMo.

on #Numeraire #NMR 11/11/2020 one to watch for a nice #Breakout!

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 11/22/2020 up nice on great upside Breakout, up from $22.00ish to $40.00ish...has more to Goooooooo!

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 11/28/2020 finds support at $26.00ish wants to gooooo!

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 12/2/2020 Pump and fizzle...looks like it wants to retest $26.00ish?

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 12/11/2020 #NMR wants to retest $23.35ishfor the triple bottom and then power pivot back up?

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 12/16/2020 #NMR Pump and fizzle...sucking hind ti%!


BREAKOUT ALERT UPDATE: on #Numeraire #NMR 12/24/2020 #NMR support probe at $21.50ish.

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 1/1/2021 #NMR 50% price retracement, down from $55.00, $23.00 is a WDGANN entry for #NMR? Ready for the #Upside #Breakout in #NMR. what is 50% of $25.00ish trading points? $12.50? So readers add 23.00 + $12.50ish equals $35.00ish on the upside breakout for #NMR? Time will tell.  

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 1/6/2021 #NMR Decent #Breakout, still wants $35.00ish over time. 

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 1/8/2021 #NMR Nice #Breakout >$25ish to $31ish = new Higher High support and resistance levels.

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 1/12/2021 #NMR Full circle trade! #Breakout @ $27ish, then pumps to $37ish, now the pullback to $27ish. Best guess is #NMR wants 50% rally back to $32ish.

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 1/15/2021 #NMR consolidating, with support at $26.14ish, resistance at $28.57 = tight trading range, with #breakout >greater than $28.57ish? This one could go nice on the next pump? 

BREAKOUT ALERT UPDATE: on #Numeraire #NMR 1/22/2021 #NMRUSD finds Support at $25.59ish Down from $31.87ish. Not much #NMR MoMo, however Higher High Support Levels with possible tripple bottom?  

on #Celo #CGLD 11/11/2020 listed on for #Breakout!

BREAKOUT ALERT UPDATE: on #Celo #CGLD 11/22/2020 Big upside #Breakout...up from support $1.50ish...wants $3.00ish...has more to Gooooooooooo!

BREAKOUT ALERT UPDATE: on #Celo #CGLD 11/28/2020 #CELO pump and fizzle...just kinda sitting at $1.81...time will tell.

BREAKOUT ALERT UPDATE: on #Celo #CGLD 12/11/2020 Consolidating and wants to retest $1.50ish, power pivot back up?

BREAKOUT ALERT UPDATE: on #Celo #CGLD 12/16/2020 How low can #Celo go? Sucks?

BREAKOUT ALERT UPDATE: on #Celo #CGLD 12/16/2020 ZZZZZZZZZZZzzzzzzzzz.

BREAKOUT ALERT UPDATE: on #Celo #CGLD 12/24/2020 support at $1.35...resistance at?

BREAKOUT ALERT UPDATE: on #Celo #CGLD 1/1/2021 Down trend, where is support?  

BREAKOUT ALERT UPDATE: on #Celo #CGLD 1/6/2021 huge pump up from $1.35 to $4.28, then the price retracement. 

BREAKOUT ALERT UPDATE: on #Celo #CGLD 1/8/2021 Retested 50% price retracement down from $4.28thus consolidating sideways for next upside #Breakout?, wants $3.00ish?

BREAKOUT ALERT UPDATE: on #Celo #CGLD 1/15/2021 Support @ $1.91 and Resistance at $2.11 and $2.21 + consolidation during handle phase?

BREAKOUT ALERT UPDATE: on #Celo #CGLD 1/22/2021 #Celo showed us a pump during the #crypto selloff, so #CGLD Higher High Support levels at $2.85ish and long term Resistance at $3.09 = rather Tight trading range. Wants to be purchased >greater 3.10?

on #UMA 11/10/2020 Big volume upside Breakout up from $7.00 to da moon and back!

BREAKOUT ALERT UPDATE: on #UMA 11/28/2020 finds support at $7.25...resistance at $9.00ish, sure does look good on the 15 minute chart up from $7.25ish! 

BREAKOUT ALERT UPDATE: on #UMA 12/2/2020 Tests support at $7.50, then wants to pump. One to watch on price pull back.

BREAKOUT ALERT UPDATE: on #UMA 12/11/2020 wants to retest support at $6.37ish, then power pivot back up?

BREAKOUT ALERT UPDATE: on #UMA 12/16/2020 Pumped big in last 72 hours...$7.50 to $13.68...whew!

BREAKOUT ALERT UPDATE: on #UMA 12/18/2020 All quiet on the pump consolidation front.

BREAKOUT ALERT UPDATE: on #UMA 12/24/2020 support at $7.52 resistance ?

BREAKOUT ALERT UPDATE: on #UMA 1/1/2021 down trend, a little bit wavy for a trade...however support at $6.75ish...higher support levels though....

BREAKOUT ALERT UPDATE: on #UMA 1/6/2021 Nice rally off of $6.75ish to $10.26ish.

BREAKOUT ALERT UPDATE: on #UMA 1/8/2021 Great #breakout up from $6.75 Support level up to $11.69. $9.00 support. $9.99 resistance.

BREAKOUT ALERT UPDATE: on #UMA 1/15/2021 Higher High everything, $8.64 Support and Pivot Point with Resistance at $9.56. Nice Pivot off of $7.41ish. 

BREAKOUT ALERT UPDATE: on #UMA 1/22/2021 Higher High Support Levels. $9.78, $10.23 and $11.64, thus Trend is Up and certainly wants to be purchased >Greater than $12.78ish for #Breakout folks!

on #Loopring #LRC 11/10/2020 #LRC Rather Large Upside Breakout...up 25%-40%+...#LRC is one to watch on the 50% price retracement folks!  

BREAKOUT ALERT UPDATE: on #Loopring #LRC 11/28/2020 Higher High Support levels...wants $0.25ish?

BREAKOUT ALERT UPDATE: on #Loopring #LRC 12/2/2020 $0.1849 support then retests resistance @ $0.2044, lets see. 

BREAKOUT ALERT UPDATE: on #Loopring #LRC 12/11/2020 Sideways consolidation, wants to retest $0.1541?

BREAKOUT ALERT UPDATE: on #Loopring #LRC 12/16/2020 All quiet on the pump front...ZZZZZZZZZZZZZZZ.

BREAKOUT ALERT UPDATE: on #Loopring #LRC 12/18/2020 Consolidation snoore' fest ZZZZZZZZZZZZZzzzz. 

BREAKOUT ALERT UPDATE: on #Loopring #LRC 12/24/2020 support at 0.1350...good momo.

BREAKOUT ALERT UPDATE: on #Loopring #LRC 1/1/2021 $0.1496 pivot point $0.1962 resistance. 

BREAKOUT ALERT UPDATE: on #Loopring #LRC 1/3/2021 $0.1496 pivot point respected and $0.1962 parsed...#Breakout! 

on #Loopring #LRC 1/4/2021 Very Nice Pivot Point up from $0.1496! Just a huge winner since being listed here at the #Altcoingazette! The #Breakout > Greater than $0.1962 was huge, readers!

BREAKOUT ALERT UPDATE: on #Loopring #LRC 1/6/2021 From $0.1496 to $0.6239ish = huge #Breakout!, now the 50% retracement for re-entry?

BREAKOUT ALERT UPDATE: on #Loopring #LRC 1/8/2021 $0.594 Jumbo rally-Breakout, up from $0.1962 to $0.594, Big trading MoMo range. 50% WDGANN price retracement, time to retest support at $0.28ish for next #Breakout? 

BREAKOUT ALERT UPDATE: on #Loopring #LRC 1/15/2021 Support @ $0.346 and Resistance at $0.4087, off today -12%+, so lets see if it retests longer term support of $0.3075ish? Wait for the breakout on this one.

BREAKOUT ALERT UPDATE: on #Loopring #LRC 1/22/2021 Nice MoMo price retracement to New Support level of $0.3417 and Resistance of $0.4176, Trend is Up with Higher High Support levels. Certainly wants to be purchased >Greater than $0.49ish for the #Breakout.

on #YFI 11/18/2020 #YFI another Upside Breakout above $24,400 #YFIUSD Wow up great from $8,000...Resistance at $40,000ish! We did call the upside breakout on #YFI on 11/7/2020 when #YFI was up 50% for the week up from $7,860...Sure has had a nice run up!

BREAKOUT ALERT UPDATE: on #YFI 11/19/2020 #YFI Upside Breakout, pumping hard...wants $40,000ish?

BREAKOUT ALERT UPDATE: on #YFI 11/21/2020 rolling over nice, huge pump up from $7,860 to $30,000, expect 50% retracement of rally...retracement to $15,000 would be just great for Long reentry? So $30,000 minus $7,860 = $22,140 total trading point range, thus 50% of $22,140 = $11,070. So $30,000 top - minus $11,070 = $18,930 for the 50% price retracement Long re-entry for #YFI...lets see if W.D. GANN smiles down on this #YFI trade. 

BREAKOUT ALERT UPDATE: on #YFI 11/28/2020 Anything goes with #YFI, Higher High support levels...wants $30,000 #YFIUSD?

BREAKOUT ALERT UPDATE: on #YFI 11/30/2020 Very Nice Power Pivot up from $18,900ish, Whew... ran from $18,900ish to nearly $27,000 readers! Just bout $8,000ish points readers...your welcome!

BREAKOUT ALERT UPDATE: on #YFI 12/2/2020 Nother #Breakout...#YFI #Mooning! Not Investment Advice nor Advise...Opinion Only!

BREAKOUT ALERT UPDATE: on #YFI 12/11/2020 wants to retest higher high support level of $21,155ish for next power pivot back up?

BREAKOUT ALERT UPDATE: on #YFI 12/16/2020 Higher High support levels, engulfing...wants higher? Resistance at $29,500ish and $31,100ish.

BREAKOUT ALERT UPDATE: on #YFI 12/18/2020 wants to #Breakout >Greater than $28,300ish. 

BREAKOUT ALERT UPDATE: on #YFI 12/24/2020 new support at $19,300, nice power pivot back up.

BREAKOUT ALERT UPDATE: on #YFI 1/1/2021 Down trend and wants to retest $20,000ish? $23,000 = resistance.

BREAKOUT ALERT UPDATE: on #YFI 1/6/2021 Big Pivot off of $20,000ish to $26,000ish. Nice One. 

BREAKOUT ALERT UPDATE: on #YFI 1/8/2021 Big point trading range, $20,000 to $38,000 with $29,000 support pivot point?

BREAKOUT ALERT UPDATE: on #YFI 1/15/2021 $28,140 Support and $34,000ish resistance , wants to retest $27,245 Support?

BREAKOUT ALERT UPDATE: on #YFI 1/22/2021 Nice price retracement to Support level $26,311ish, 32,162 Resistance Level = Tight trading range. Certainly wants to be purchased >Greater than $34,239ish for Breakout.

on #Uniswap #UNI Nice power pivot up from $1.80ish #UNIUSD

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 11/28/2020 finds new support level at $3.25 Looks good in the #DeFi space.

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 12/2/2020 finds Higher and Higher support $3.50 up from $3.25ish = Nice!

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 12/11/2020 pulls back to support of $2.83ish, wants power pivot off of $2.83ish?

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 12/16/2020 Higher High support levels now at $2.91 up from $2.83 = sideways consolidation. Resistance at $3.86 and then $4.20ish. 

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 12/18/2020 Slow trend upward...Resistance @$3.96ish.

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 12/24/2020 new support at $3.15ish, nice momo on pivot point.

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 12/30/2020 Blows past resistance of $3.96 on Great MoMo!

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 1/1/2021 Nice MoMo up to $5.22 resistance, $3.91 support + nice trade!

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 1/6/2021 Nice #Breakout > 5.22 up to $6.60ish. Looks good with great MoMo!

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 1/8/2021 $6.34 Resistance and $5.61 Support. Nice pivot off of $3.15.

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 1/15/2021 Big winner in this space, Huge pivot off of $3.15, Up everything! $6.64 = Resistance and Higher High Resistance at $7.33ish, wants to be purchased = Trend = Up!

BREAKOUT ALERT UPDATE: on #Uniswap #UNI 1/22/2021 Nice price retracement to $7.10ish (Support) and $8.99 Resistance, wants to be purchased >Greater than $9.00ish fro #Breakout.

on #REN 11/28/2020 Higher High Support levels, up from $0.25ish, lighter volumes on the breakouts.

BREAKOUT ALERT UPDATE: on #REN 12/2/2020 Higher High Support levels again, $0308.

BREAKOUT ALERT UPDATE: on #REN 12/11/2020 Close to reaching long term support level of $0.244ish, next power pivot back up off of $0.244ish for #REN?

BREAKOUT ALERT UPDATE: on #REN 12/16/2020 looks good on the 15 minute and 60 minute charts...higher high support levels. 

BREAKOUT ALERT UPDATE: on #REN 12/16/2020 Sideways consolidation.

BREAKOUT ALERT UPDATE: on #REN 12/24/2020 0.2387ish support, nice power pivot off of support, good momo.

BREAKOUT ALERT UPDATE: on #REN 1/1/2021 resistance at $0.3417, support in a down trend is at $0.3031ish...sideways.

BREAKOUT ALERT UPDATE: on #REN 1/6/2021 Decent upside #Breakout > $0.3417, Resistance at $0.4143ish. Nice momo. 

BREAKOUT ALERT UPDATE: on #REN 1/8/2021 $0.3415 Higher High support level, Resistance at $0.4121 = tighter trading range.

BREAKOUT ALERT UPDATE: on #REN 1/15/2021 $0.4519 Support and Resistance at $0.5541. Higher High of everything...wants to be purchased.

BREAKOUT ALERT UPDATE: on #REN 1/22/2021 Nice MoMo trader, good price retracement down from $0.78ish long term Resistance to $0.54ish and Higher High of everything, thus Trend = Up.  $0.67 = Resistance for #Breakout.

on #Balancer #BAL 11/20/2020 up Very nice being listed here on UBAS...Long term support at $8.45 back on 11/4/2020 Pump a rama!

BREAKOUT ALERT UPDATE: on #Balancer #BAL 11/28/2020 Nice price retrace down from $19.00 to $13.50ish...wants to go again back up to retest $19.00ish?

BREAKOUT ALERT UPDATE: on #Balancer #BAL 12/11/2020 support at $9.90ish, then power pivot back up off of $9.90ish support level?

BREAKOUT ALERT UPDATE: on #Balancer #BAL 12/16/2020 #BAL looks good with nice MoMo on the 15 minute chart! #BAL upside breakout pending?

BREAKOUT ALERT UPDATE: on #Balancer #BAL 12/18/2020 #BAL Resistance @$14.80 + uptrend.

BREAKOUT ALERT UPDATE: on #Balancer #BAL 12/24/2020 #BAL new support after price retracement to $11.00ish, now the momo power pivot back up.

BREAKOUT ALERT UPDATE: on #Balancer #BAL 1/1/2021 #BAL $13.00 for new higher support level and resistance at $14.45 = tighter trading range.

BREAKOUT ALERT UPDATE: on #Balancer #BAL 1/6/2021 #BAL pushes past $14.45 resistance, new upside resistance?

BREAKOUT ALERT UPDATE: on #Balancer #BAL 1/8/2021 #BAL $16.20ish Higher High Support level, with $19.00ish as resistance = tighter trading range.

BREAKOUT ALERT UPDATE: on #Balancer #BAL 1/15/2021 #BAL From $14.45 Support up to $21.50, = Nice trader folks! Then the Retest of $14.00ish, then the rally back up to $18.45ish. Wants to retest support at $14.86 or breakout > greater than $18.45?  

BREAKOUT ALERT UPDATE: on #Balancer #BAL 1/22/2021 #BAL Nice price retracement down from $25.00ish (Resistance) to $17.48ish. Higher High of everything, thus Trend = Up. Certainly wants to be purchase >Greater than $22.37 for the #Breakout.

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  12/7/2020, looken' great up from $55.00ish.

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  12/11/2020 Looks good on the price retrace to support levels, trying to calc. support numbers...

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  12/18/2020 looks good vs. the other larger cap. cryptos...wants higher? 

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  12/24/2020 $52.66 new support, $65.00ish new resistance. 

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  1/1/2021 Nice MoMo pullback to $56.00ish...lets see if it holds, resistance at $67.00ish.

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  1/6/2021 testing $67.00ish resistance. Try to #Breakout. 

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  1/8/2021 $62 Higher High Support level, with $75.00 Resistance. Nice pivot off of $56ish! 

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  1/15/2021 Blows past Resistance of $75.00ish to $121! Higher High of everything! Resistance of $111.00ish and support of $92.00ish =nice one folks!

BREAKOUT ALERT UPDATE: on Zcash #ZEC on Zcash #ZEC  1/22/2021 Nice price retracement to $78.18 (Support) down from $110ish (Resistance). $99 = Resistance for #Breakout?

on #Filecoin #FIL 12/10/2020 listed on #Altcoingazette #UBAS system at $31.1782 #FILUSD.

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 12/11/2020 Pulls the big #Breakout to candle high of $39.00ish, now the pullback to support along with sideways or lower consolidation, will find support and power pivot up again?

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 12/18/2020 Now oversold with positive divergence and wants to power pivot up? Thin traded...could pump?

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 12/24/2020 $21.50 = new support level, resistance ?

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 12/28/2020 dOWNSIDE #bREAKOUT Below $21.50...lookout below...Timber! 

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 12/28/2020 #FIL finds support at $20.00 pivots up to $26.00 downtrend catch the falling knife trade? Trend = down.

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 1/6/2021 #FIL Sideways consolidation, $22 and $23 = resistance. 

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 1/8/2021 #FIL $21.00 Support and $22.20 = Resistance. Lets see if $21.00ish holds.

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 1/15/2021 #FIL $20.95ish Support and $22.16 = Resistance. Sideways consolidation, wait for Breakout > Greater than $22.17ish?

BREAKOUT ALERT UPDATE: on #Filecoin #FIL 1/22/2021 #FIL Higher support levels at $21.18, Resistance at $24.81. Kinda boring, however could be coiled to go higher Greater than $25.00ish?

on #NuCypher #NU 12/8/2020 Listed on #UBAS at $0.2217 USD = Downside #Breakout...where is support for #NU? #NU has long term support at $0.103. Lets see if #NU retests $0.103? 

BREAKOUT ALERT UPDATE: on #NuCypher #NU 12/12/2020 pulls back, still early on #NU...working support and resistance numbers...

BREAKOUT ALERT UPDATE: on #NuCypher #NU 1/1/2021 ZZZZZZZZZzzzz = sideways suckage. Support and resistance, looks like no one cares?

BREAKOUT ALERT UPDATE: on #NuCypher #NU 1/5/2021 #Breakout, very nice pivot point off of $0.103! #NU has done well since being listed here on #Upside #Breakout #Alert #System!  

BREAKOUT ALERT UPDATE: on #NuCypher #NU 1/8/2021 $0.103 to $.23 = nice trading range and good MoMo. Higher High support levels.

BREAKOUT ALERT UPDATE: on #NuCypher #NU 1/15/2021 $0.1751 = Support and $0.19ish = Resistance. Nice Pivot Point off of $0.1619.

BREAKOUT ALERT UPDATE: on #NuCypher #NU 1/22/2021 finds Support at $0.19ish and wants to breakout >$0.2177?

on #BANCOR #BNT listed on the ACG #UBAS Alert system on 12/15/2020 at $1.7800 USD.

BREAKOUT ALERT UPDATE: on #BANCOR #BNT 1/1/2021 $1.26 consolidation support and resistance at?

BREAKOUT ALERT UPDATE: on #BANCOR #BNT 1/5/2021 Very nice MoMo #upside #Breakout >greater than $1.26! New Higher High support level of $1.34ish and nice pump up to $1.92ish!

BREAKOUT ALERT UPDATE: on #BANCOR #BNT 1/8/2021 $1.45 Support and $1.61 Resistance. 

BREAKOUT ALERT UPDATE: on #BANCOR #BNT 1/15/2021 Higher High of everything Readers, Nice pullback to $1.28ish, then the rally to $1.75 = Higher High Resistance level = wants to be purchased = Uptrend!

BREAKOUT ALERT UPDATE: on #BANCOR #BNT 1/22/2021 Nice price retracement to $1.45ish (Support) and Resistance at $1.77ish. Higher High Support levels.

on #
Synthetix (#SNXUSD) listed on #UBAS on 12/22/2020 at $6.75ish...#SNX Breakout!

BREAKOUT ALERT UPDATE: on #Synthetix (#SNXUSD) 12/26/2020 wants to retest Resistance at $11.00ish? Up nice since being listed on #UBAS!

BREAKOUT ALERT UPDATE: on #Synthetix (#SNXUSD) 1/1/2021 nice sideways momo + higher support at $7.42ish $8.43ish = resistance.

BREAKOUT ALERT UPDATE: on #Synthetix (#SNXUSD) 1/6/2021 Got it done >$8.43ish resistance. $13.23 = new resistance. Support = $8.00ish. Nice #Breakout!

BREAKOUT ALERT UPDATE: on #Synthetix (#SNXUSD) 1/8/2021 $10.20ish Higher High Support and $12.75 Resistance. Nice Power Pivot off of $8.00 to $13.47ish. Got the MoMo!

BREAKOUT ALERT UPDATE: on #Synthetix (#SNXUSD) 1/15/2021 $13.74 Support and $15.43 Resistance! Higher High of everything, certainly wants to be purchased > $15.43ish! 

BREAKOUT ALERT UPDATE: on #Synthetix (#SNXUSD) 1/22/2021 Nice price retracement to $11.50ish (Support) and Resistance at $15.73ish. Higher High of everything, thus Trend is up, wants to be bought certainly >$15.74ish for #Breakout.

#GRTUSD Listed on #UBAS 12/25/2020 at $0.3464 USD. 

BREAKOUT ALERT UPDATE: #TheGraph #GRTUSD up nice since listing, new #breakout, resistance at $.62ish? 

BREAKOUT ALERT UPDATE: #TheGraph #GRTUSD 1/1/2021 sideways consolidation support at $0.3473 and resistance at $0.3877ish.

BREAKOUT ALERT UPDATE: #TheGraph #GRTUSD 1/6/2021 sideways action still, lets see if we get another #Breakout greater than?

BREAKOUT ALERT UPDATE: #TheGraph #GRTUSD 1/8/2021 $0.3179 support and $0.3460ish Resistance. Nice pivot off of $0.2890 to $0.4153ish.

BREAKOUT ALERT UPDATE: #TheGraph #GRTUSD 1/15/2021 One to watch, nice pullback to support level $0.2478 and Pivot up to $0.3920ish. Higher High Support level of $0.3303. Wants to be purchased on the breakouts with very good MoMo. 

BREAKOUT ALERT UPDATE: #TheGraph #GRTUSD 1/22/2021 Nice price retracement to $0.4059ish (Support) and Higher High Support levels, thus Trend = Up. Certainly wants to be purchased >greater than $0.5531ish (Resistance).  

BREAKOUT ALERT UPDATE: 1/3/2021 #Aave #AAVEUSD Listed on #Altcoingazette #upsidebreakout alert system at $91.095 USD.

BREAKOUT ALERT UPDATE: 1/6/2021 #Aave #AAVEUSD showed some great price action up from listing price of $91.095ish.

BREAKOUT ALERT UPDATE: 1/8/2021 #Aave #AAVEUSD Nice Breakout to $129ish up from listing price of $91.095 on 1/3/2021. $103ish support and $118ish Resistance. 

BREAKOUT ALERT UPDATE: 1/15/2021 #Aave #AAVEUSD Higher High of everything with strong uptrend, wants to be purchased > greater than $162ish = Never to High to Buy! 

BREAKOUT ALERT UPDATE: 1/22/2021 #Aave #AAVEUSD Nice price retracement down from $209 (Resistance) to $150 (Support) $200ish Resistance. Higher High of everything, thus Trend is Up, certainly wants to be purchased >$201ish for #Breakoput. 

The Pivotal Point

Jesse Livermore wrote:

Whenever I have had the patience to wait for the market to arrive at what I call a Pivotal Point before I started to trade; I have always made money in my operations.

Livermore said:

“I never benefited much from a move if I did not get in at somewhere near the beginning of the move. And the reason is that I missed the backlog of profit which is very necessary to provide the courage and patience to sit through a move until the end comes – and to stay through any minor reactions or rallies which were bound to occur from time to time before the movement had completed its course.”

Jesse Livermore’s Trading Methods

At the heart of Jesse Livermore’s spectacular trading success was the skill he acquired as an eager 14 year-old, transferring stock prices from ticker tape to quote board – the skill of deducing the likely future movements of stock prices.

Livermore said:

“To invest or speculate successfully, one must form an opinion as to what the next move of importance will be in a given stock.

“Speculation is nothing more than anticipating coming movements.

“In order to anticipate correctly, one must have a definite basis for that anticipation.”

Livermore believed that if you thought a stock would move in a certain way, you should enter a trade as early as possible after the market had confirmed your judgement.

What Patterns Did Livermore Look For?

Jesse Livermore liked to trade stocks whose price was moving in an "obvious trend". He was not interested in stocks whose price showed small price changes with no strong trend.

The patterns he sought to identify were patterns in the prices. Modern traders – and indeed many traders in Livermore’s time too – plotted the prices and volumes against time on a chart. Jesse Livermore, however, did not use charts. He preferred to look at the numbers themselves. Livermore was a "Ticker Tape" reader.

He would look for signs that the new trend was behaving normally and that it would be safe to stick with the trade.

Jesse Livermore would look for the following signs:

• At the beginning of the move there should be an unusually large volume of shares traded.

• Prices should move generally in one direction (upwards or downwards) for a few days.

• A normal reaction should be observed – volume will decrease compared with the volumes observed during the initial trend, and the price may move against the trend somewhat.

• Within a day or two of the normal reaction, volume should increase again and the price trend should be resumed.

Provided this pattern is repeated, it is safe to stick with a trade. If there should be a deviation from the pattern, it is a warning sign. If the pattern fails and the price moves against the trend by more than a little, it is a sign to exit your trade and preserve your profit.

Jesse Livermore’s Trading Rules Adapted for Cryptocurrency 

Buy rising Cryptocurrency and sell falling Cryptocurrency.

Don’t try to trade every day of the year.

Trade only when the market is clearly Bullish or Bearish.

Trade only in the direction of the general market. TREND!

Co-ordinate your trading activity with pivot points.

Enter a trade immediately after the market confirms your opinion.

Continue with trades that show a profit, end trades that show a loss.

Sell when it’s clear that the trend is over.

In any sector, trade the leading Crypto showing the Strongest Trend.

Never average losses.

Never meet a margin call.

Go long when a Cryptocurrency reaches a new high.

Sell short at a new low.

Don't become an investor by holding Cryptocurrency whose price has fallen.

A Cryptocurrency is never too high to buy and never too low to short.

Markets are never wrong - opinions often are.

The most profitable trades are those that "show a profit immediately".


25 Jesse Livermore Trading Rules : Ultimate Guide To The Boy Plunger

In this post I take a look at one of the greatest traders of all time, Jesse Livermore. Jesse was famously profiled in the classic investing tome Reminiscences of a Stock Operator, a book that has been called the best trading book every written.

This is a long piece, clocking in at around 9,000 words and it covers all of Jesse’s most important trading lessons. The quotes are taken directly from the original book by Edwin Lefèvre.

Introduction to Jesse Livermore

Jesse Livermore was born in Massachusetts, in 1877. By the age of fifteen he went to work in Paine Webber’s Boston brokerage office where his job was to post the stock and commodities prices on the chalk board.

He studied the price movements of the stocks on the ticker boards and before long began to trade on their fluctuations.

When Jesse Livermore was in his twenties he moved to New York City to speculate in the stock and commodities market full time.

Over a time period of forty years of trading, Jesse developed an incredible skill for speculation and is said to have accumulated and lost millions of dollars several times over.

At the peak of his fortune, in 1929, Jesse was said to be worth around $100 million. It’s not easy to estimate but in today’s money, that would be worth somewhere between $1-14 billion.

But Jesse didn’t earn that money trading other people’s funds. He was a completely "self-made" man, trading with his own money and the type of returns he managed to make are unthinkable in today’s markets.

Jesse earned the nicknames of Boy Wonder, Boy plunger, and the Great Bear of Wall Street, and his story is one of the most fascinating ever told on Wall Street.

In 1923, a financial journalist named Edwin Lefevre interviewed Jesse and published a book on the trader’s life called Reminiscences of a Stock Operator.

To this day, the book remains a Wall Street classic and sits on the desk of many of the best traders in the world. The book is regarded as an essential read by such well known financiers as Ed Seykota, Paul Tudor Jones, and even former Fed Chairman Alan Greenspan.

Over the course of this guide we will look at Jesse’s best trading rules (as detailed in the famous book) and we will get right to the heart and strategy of the master trader.

1. Nothing new ever occurs in the business of speculating or investing in securities and commodities.

small picture of jesse livermore“Another lesson I learned early is that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that.”

What Jesse means is that the same market moves and patterns occur over and over again. Markets are run by people, which means the same patterns will always occur. Throughout history we have seen the same speculative bubbles and market crashes time and time again. From the South Sea Bubble, to Tulip Mania, to the depression, to the 2008 credit crisis.

These crashes and bubbles are just an inevitable feature of the markets.

Sure, computers and algorithms play a much bigger part now but always remember that computer algorithms are built by humans in the first place. And often, when a major market event takes place, the computer programs are programmed to turn themselves off.

Jesse Livermore lived through the Great Depression and saw some of the most difficult trading conditions ever seen. Still, he was able to create massive fortunes trading volatility and trends.

Even if no day is ever the same, Jesse Livermore knew that markets and market patterns repeat themselves and investors act out the same behaviors year in year out. By recognising this, you can be start to believe in your ability to learn and adapt to the swings of the market.

2. Price moves along the line of least resistance.

small picture of jesse livermore“You watch the market — that is, the course of prices as recorded by the tape with one object: to determine the direction. Prices, we know, will move either up or down according to the resistance they encounter. For purposes of easy explanation we will say that prices, like everything else, move along the line of least resistance. They will do whatever comes easiest, therefore they will go up if there is less resistance to an advance than to a decline; and vice versa.”

This is probably the most important rule for any trader to learn. Because it really simplifies the entire trading process. It says, don’t think about the market too deeply, don’t over think things. The market will go where it wants to go and your best bet is to try and go with it.

Trading a security is always a battle between the bulls and the bears, so it doesn’t matter what you think about the market, if there aren’t enough buyers the market will go down and if there aren’t enough sellers the market is going to go up.

That’s how simple it really is.

Livermore’s talent was to watch the market for long enough until he had a feel for where the market would go next. He tried to get a feel for where the support was and where the resistance was. Or in other words where most of the buyers were and where the sellers were. If there were fewer buyers than sellers he’d look to go short, and if he thought there were more buyers he’d look to buy.

A good way to visualize this concept is to take a look at a short-term chart, like a 10, 30, or 60 minute. So take this chart of the euro dollar currency pair for example which is a 60 minute chart:

eurusd currency chart

You can see how the price is constantly moving around. Buyers and sellers continuously fighting over control. Then at some point, one side will take over, and you’ll see the price shoot in one direction. In this case down, as euro sellers overpower the euro buyers.

In stocks, you can see the volume bar too, so when the buyers overpower the sellers the market shoots up and the volume bar is colored green.

Stops get hit, traders revers positions and all of a sudden you see huge momentum. Traders will then latch on to this momentum and the trend will continue even further, meanwhile traders on the wrong side of the best will cut their losses, again exaggerating the trend further.

The market finds support and it goes up, it finds resistance and it goes down. It’s this constant meandering that takes place all the time in the markets.

The price takes the path of least resistance always.

3. Don’t try to catch all the fluctuations: This is a bull market

small picture of jesse livermore“I think it was a long step forward in my trading education when I realized at last that when old Mr. Partridge kept on telling other customers, “Well, you know this is a bull market!” he really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market  and its trend.”

In reminiscences of a stock operator Jesse Livermore spoke of an old and wise trader in the office called Mr. Partridge, who they also called Old Turkey.

Old Turkey never traded off tips and he never handed out tips, but the other traders would often go to him to ask him on advice of what to do. But his reply would always be the same : This is a bull market, or, this is a bear market.

In other words, you have to always trade with the prevailing trend. You can’t try and catch all the fluctuations. If you do, you’ll go broke.

Here’s a monthly chart of the S&P 500:

S&P500 monthly chart

You can see that the clear trend is up. This is still a bull market.

But you get so many traders trying to pick all the tops and bottoms. They want to sell here, buy here, sell here, buy here. Trying to buy into all of the dips and sell the tops.

But no-one alive can time the market like that, and if you try you just end up spending more and more on commissions and trading costs.

The solution is simple. If this is a bull market you should be long, if this is a bear market you should be short.

And as Mr. Partridge used to say, once you sell your trade you lose your position. If you want to be long and you are long, never sell your position in order to buy it back on a reaction.

4. You don’t have to trade

small picture of jesse livermore“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this:  It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!”

“Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money.”

Money cannot consistently be made trading every day or every week during the year. So if you have losing periods, never feel too bad, because they will always come.

If you’ve got a winning trade, the best decision is often to do absolutely nothing and just sit tight.

As long as the stock is acting right, and the market is right, do not be in a hurry to take profits. That’s another direct quote by the way. Most of the time, you’ll make way more money just sitting tight and waiting for the trade to develop.

So never feel like you have to make a trade and never search for action in the market. Rather, let the opportunities come to you, so that when they are presented, the opportunity is so good you simply have to make the trade.

You can see this clearly in the chart. This one is for gold. There are plenty of days when an opportunity just doesn’t present itself.

Maybe it’s a public holiday or maybe there just isn’t any news on the calendar. You’ve got these tiny trading ranges, these small bars where there just isn’t enough price movement to make a profit.

When you trade these quiet days, it can be really frustrating because you’ll end up buying a breakout, selling a breakout but just getting chopped up.

So on days like these, when you think it’s going to be a quiet day in terms of trading, maybe there isn’t anything on the calendar, or maybe Europe is on holiday, then you want to really scale back your profit targets. Or even take the day off completely. Again, you’re going to save yourself money in the long run if you just wait for the opportunities to present themselves to you not the other way around.

5. Good trades move into profit quickly

small picture of jesse livermore“Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.”

For trend traders, unlike contrarian investors or mean reversion traders, the best trades often move very swiftly into profit. There’s a good reason for that, because you’re often buying into strength or selling into weakness. You’re often trading right after the point of least resistance so you’ll likely going to see that momentum continue for a period.

And you can see this, too, in countless charts, like this one for WTI crude oil.  This is a weekly chart:

oil weekly chart

And you can see that once price breaks through an important level it will just go and go and go. If you were short when the key $90 level broke your position would have moved more or less straight into profit and it would have just kept moving down and down.

The best trades will often move straight into profit. So if you do trade a breakout and it pulls back, and you find that you’re waiting around, then that’s probably the first sign that you might have to cut your losses.

6: Practice makes perfect

small picture of jesse livermore“It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.”

The curious thing about trading is the old statistic that is always being mentioned about 95% of all traders losing money. And while there is truth to this statement it does not fully reflect the situation. Because, most of those 95% are not trading they are gambling. And if you set aside the minority of informed traders who are adequately capitalized and have learnt the discipline and skills needed to trade, then this statistic starts to change.

For these people (the informed traders) trading has become a craft and a way of life. When you reach this very high level, trading becomes not as difficult as people make out.

7. There is only one side to the stock market: the right side.

small picture of jesse livermore“It takes a man a long time to learn all the lessons of his mistakes. There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”

Jesse Livermore knew a lot about mistakes because he made several. He was a self-made man trading his own money and building a fortune but he lost a lot of money too. So every lesson he learnt he learnt the hard way.

Which is why, all this talk of whether you are bullish or bearish, it doesn’t matter all that much. You have to listen to what the market is telling you. And the right side is the side that the market is moving in.

Many commentators will say we’re about to move into a bear market or we’re about to see a bull market, but those predictions are useless until we are actually in it.

Take an example. In 2011, the stock market had risen nearly 100% from it’s 2009 low. Yet you still had some commentators saying that we were still in a secular bear market, and that the rally was a pullback from the long-term downward trend. Even today, there are some investors who claim we are still in a secular bear market.

These guys have been saying for years that we are still in a bear market. They’ve probably been trading the wrong side all this time and they continue to trade on the wrong side even though the market keeps rallying.

It’s a simple rule to master, which is to follow the market, don’t try to predict it. Be on the right side of every trade you place, long or short.

8. Don’t trade too large or risk too much

small picture of jesse livermore“If you can’t sleep at night because of your stock market position, then you have gone too far. If this is the case, then sell your position down to the sleeping level.”

In reminiscences of a stock operator Jesse Livermore recalls a conversation between two friends where one of them can’t sleep at night because he was carrying so much cotton.

He had a huge position in cotton futures, too big than he could handle and this was causing him undue stress and panic, so much so that he had trouble sleeping at night.

You see, the problem is, if you trade too heavily every little movement in the security gives you undue stress. Which it wouldn’t normally.

And of course this will also depend on how much capital you have and how much you’re willing to lose.

When you trade too heavily, you risk blowing up your account and losing all of your trading capital. And if you trade on margin, and without stop losses, you can end up losing even more than you have in your account.

So one key sign that you’re trading too heavy is that you have difficulty sleeping and you feel jittery when you have a trade on. Every movement is amplified and it becomes difficult to make the right decision.

That’s why it’s better to keep risk small so you can sleep easily at night. Ed Seykota likes to say that you should trade small enough that you won’t go broke but large enough to make it worthwhile.

Most traders recommend using just 1% or 2% of your trading capital when you place a trade. But it will depend on the type of strategy you trade. So spend some time with your strategy and work out the risk level that works for you.

9. Other investors may be irrational

small picture of jesse livermore“He will risk half his fortune in the stock market with less reflection than he devotes to the selection of a medium-priced automobile.”

We have seen time and time again how investors have behaved in irrational ways and you only need to look at the various booms and busts to realize that the market is not efficient all of the time. You may even have observed this in your own trading. Maybe you sold a trade at precisely the wrong time, even though you knew it was the wrong thing to do. Or maybe you took your profits too early, even though your plan was to hold on for much more.

When investors are this irrational it is for the informed trader to take advantage. And one way to do that would be study the effects of behavioral finance, amongst other things.

10: You can’t tell till you bet

small picture of jesse livermore“Pat Hearne made money in stocks, and that made people ask him for advice. He would never give any. If they asked him point-blank for his opinion about the wisdom of their commitments he used a favorite race-track maxim of his: “You can’t tell till you bet.”

In the book, Jesse Livermore spoke a bit about a professional gambler called Pat Hearne.

Pat would treat the markets like a roulette or blackjack game and make a series of calculated bets looking for small, sure wins. He would sell whenever the stock dropped back by just 1 cent.

This was a sensible approach to trading that also had a big influence on Jesse Livermore and his trading rules.

In essence, Jessie realized that you can’t judge a market until you are in it. This is why Jesse would buy a little bit of the market first of all to test the water. If the trade felt good, and the stock moved as he liked, he’d add a little bit more, gradually building up a bigger and bigger line.

This is how you make the most amount of money from the big trends. If price follows the line of least resistance you go with it and keep building.

Of course, this is the opposite to what most traders do. Most traders accumulate shares on the way down. They see that their trade is losing money, but they still believe that they’re right, so they buy more and try and reduce their cost base. This causes them to average in to losses and they end up building a huge losing position that causes considerable pain.

The market is saying that it’s not ready to go in that direction and you can’t force it.

It’s much better therefore, to wait for the market to tell you where it wants to go. Jesse would always accumulate his position on the way up, often trading at brand new highs.

He’d start by buying one-fifth of his full line. If the market did nothing, then he’d wait. If it showed him a loss he’d get out and if it started to go up, he’d assume that he was trading in the right direction and he’d add another contract. If it went up again, he’d add a bit more and a bit more again and so on, slowly building up his full position.

small picture of jesse livermore“What I have told you gives you the essence of my trading system as based on studying the tape. I merely learn the way prices are most probably going to move. I check up my own trading by additional tests, to determine the psychological moment. I do that by watching the way the price acts after I begin”

This way you bet big only when you win, and when you lose, you only lose a small exploratory bet. Once the real move starts, and the big trend kicks in you can make the large profits extremely quickly and easily.

11. In a bear market all stocks go down and in a bull market they go up.

small picture of jesse livermore“I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up.”

This is another problem that many traders have. Namely, they try and short stocks in a bull market or buy stocks in a bear market. And they forget that the most important thing is the overall trend in the market.

This is clearly visible in any chart that you can compare with the broader stock index. Try finding a stock that went up in 2008, for example and you will have a very difficult job. Likewise, try and find a stock that went down in the fierce bull market of 2009 and you will have a lot of trouble.

There is incredibly high correlation between all stocks. And that correlation gets even stronger during a significant market event like a crash.

In fact, during extreme market events, it’s not just stocks that all go down, nearly all markets can go down together.

In the 2008 crash, we saw stocks, commodities, real estate, gold all go down together. The only markets left standing were safe havens like US treasuries and the US dollar. But it won’t always be like that, because every situation is different. Next time we might well see a situation where the US dollar goes down as well.

But the key point is to know the type of market you’re in. Is this an early stage bull market, or a maturing bull market. Or are we in a bear market or ranging market?

There’s little point attempting to short stocks in a bull market and there’s little point buying stocks in a bear market. It doesn’t matter which individual stocks you’re talking about, it’s just a bad strategy.

And on a similar note, Jesse would say that you should look for the main stocks that are leading the market. And if you can’t make money out of the leading active issues, you are not going to make money out of the stock market as a whole.

So think about which stocks are being heavily traded, which are moving the most and making all the headlines. These are often the best stocks to focus on for trend traders, as they show the best movement. And if you can’t make money on these leading stocks, then chances are the overall market might be deteriorating, and if that’s the case you should probably reduce your exposure and size.

Having said that though, Jesse would say that you should never become completely bearish or bullish on the whole market just because one stock – in some particular – has plainly reversed. Even if it is one of the leading issues.

It just isn’t enough to suggest any omen for the future. There are any number of reasons why the stock may have moved and you can’t make a judgement on the whole market by the actions of one individual stock.

12. In a narrow market wait for a break-out

small picture of jesse livermore“In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be. The thing to do is to watch the market, read the tape to determine the limits of the get nowhere prices, and make up your mind that you will not take an interest until the prices breaks through the limit in either direction.”

Jesse Livermore was an expert at reading the tape. Gauging market sentiment and predicting where the market might head next.

In a bull market, the best place to be is already long and in a bear market the best place to be is already short.

But, of course, markets sometimes consolidate and they go sideways for periods. During these times, the market range can narrow, price action can get choppy. And when that happens, the best plan of action is to just sit back and watch.

These are not good periods for trend traders so it’s useful to look around for different markets to trade. Trends do not always occur, and perhaps they only occur 30-40% of the time. However, you can always find a market somewhere that is trending.

Again, we can see this clearly on the charts.

The S&P 500 has been in a trading range for most of 2015, so has the Dow, so has the Nasdaq and so have most of the European stock markets.

GBP/USD has been in a range, silver has been choppy and so has the euro.

But there are plenty of markets that have been trending. Coppers has been trending down steadily, platinum has been trending down, and the US dollar has been trending up. Amazon has been going higher and higher.

One of the tricks is to find the best trending markets and join them on their journey.

range of futures markets

So if you have a range trading market, it’s actually a good opportunity, because you know where the breakout can happen.

So the range trading markets are good to keep an eye on. You can watch them, plan your trade and wait for an explosive breakout.

13. Never argue with the tape

small picture of jesse livermore“I don’t know whether I make myself plain, but I never lose my temper over the stock market.  I never argue with the tape.  Getting sore at the market doesn’t get you anywhere. Markets are never wrong, opinions often are.”

There are many traders who take out their losses and negative emotions on the market itself, which, when looked at objectively, is ridiculous.

Traders treat the market as if it is human, as if it has a personality. But of course it has neither.

If you get stopped out of a trade and you show a loss, or if the market doesn’t act how you expected it to, it is not the market’s fault. The market isn’t wrong. The market is never wrong, only opinions can be wrong.

Some traders might think that we have hit a short-term top in the stock market, some might think that oil is far too low at this price. Some might say that gold is forming a bottom and will soon rally to new highs.

But the truth is that the market will go where it has to go. Only the market can prove who is right and who is wrong.

If you follow the trend and forget about making predictions, just follow prices, you can stop blaming the market and just go with the flow. You’ll stop being angry at missed trades and you’ll trade in a much more relaxed and effective way.

You just need to watch the tape and act accordingly. Never fight the tape.

14. Hope for profits and fear losses

small picture of jesse livermore“Instead of hoping he must fear and instead of fearing he must hope. He must fear that his loss may develop into a much bigger loss, and hope that his profit may become a big profit.”

If there is one rule that is key for following trends in the market it’s this. It’s the equivalent to cutting losses short and letting winning trades run. That’s how you let trends develop and how you build the big profitable positions.

So when you place a trade, and maybe you start off with just a small position, you want to fear that that trade will turn into a small loss. You fear losses and if they occur you cut your position and you wait for another opportunity.

On the other side, you place a trade and you hope for the market to go your way. And you want to hope that it keeps going and going in your direction, allowing you to build your position and keep making money.

The profits available from long term trends are frequent enough to provide plenty. You can see it on almost any chart. Look at the huge bull markets in stocks, between 2009 and 2015 and in the 1990s and 1980s. Look at the huge 30-year bull market in bonds. The long trends in currencies and commodities.

If you fear losses and hope for more profits, you’ll be acting in the right way.

15. Don’t trade for the thrill

small picture of jesse livermore“The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages. Remember this: When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes.”

Once you realize the cost of trading and the benefits of being able to sit tight in a market you learn a valuable lesson.

Once you’ve learnt this lesson, you can look at all the other investors on Wall Street and realize how they are actually helping you in your quest.

They’re all trading in and out of the market, every day racking up huge commission fees and losing money. This reveals the opportunity for you to take advantage of. By sitting on your hands and waiting for the profits to roll in, by only making calculated bets.

Always trade according to the trend and according to your plan.

The desire for action will be strong but you need to resist. Because that is the gambling mindset. The professional trader mindset simply sits tight and waits for the opportunities to come to him.

Remember that when you trade, you don’t only pay a fee to your broker and a commission but you pay the spread too.

small picture of jesse livermore“There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily–or sufficient knowledge to make his play an intelligent play.”

The Bid: Ask spread, means that you can only buy at the best ask price (slightly above the market) and only sell at the best bid price (slightly below the market).

It is this spread that makes money for the market maker but it works against you every time you trade, so that every time you trade you start out with an inevitable small loss.

This is the cost to trade and to overcome it you first need to stop trading for action alone. Trade the trends and wait for the opportunities. There is always an opportunity around the corner.

16. Don’t listen to tips

small picture of jesse livermore“If I buy stocks on Smith’s tip I must sell those same stocks on Smith’s tip.  I am depending on him.  Suppose Smith is away on a holiday when the selling time comes around? A man must believe in himself and his judgement if he expects to make a living at this game.  That is why I don’t believe in tips.”

Jesse Livermore didn’t believe in tips and neither should you. For a number of reasons. You should do your own research, do your own analysis and only take trades according to your own plan.

First of all, you don’t want to take a tip from a broker, because a broker might have a conflict of interest. A broker, for example, wants you to trade as often as possible. She wants you to keep trading in and out because that’s how she earns her commission.

So, the ideal customer for a broker is someone who trades all the time but doesn’t go broke. Plus, if your broker was that good at trading, she would be a professional trader instead of being a middle-man/woman.

Second of all, if you get a tip from someone, you have no idea what their intentions are. That person may have bought the stock at a much lower level, or they may have already hedged it with another trade. They probably haven’t told you about their exit strategy either and if they go awol you’ll be stuck with a position you don’t know what to do with.

So this is another timeless piece of advice. Never follow tips or rely on anyone else to do your trading for you.

17. Never be afraid to take a loss

small picture of jesse livermore“Losing money is the least of my troubles. A loss never troubles me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does the damage to the pocket book and to the soul.”

Jesse Livermore’s biggest mistakes, the ones that caused him to lose thousands and millions of dollars in profits, did not come from taking the wrong trades or from taking small losses, they came from not taking a loss when it was still small.

In other words, by leaving the loss and not cutting it short, the loss was able to grow and grow, until it was too big and too painful to let go of. Those are the decisions that cause huge losses to capital and confidence.

Jesse goes on and talks about two trades he had, one in wheat that showed a profit and one in cotton that showed a loss. Like many traders, he took the profit in wheat but held the loss in cotton hoping it would turn around. But of course, it did the opposite.

The wheat kept on going in the right direction and would have made an even bigger profit. While the cotton kept dropping and the loss just got larger and larger.

small picture of jesse livermore“I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit.”

So it’s clear. Never be afraid to take a loss, especially when the loss is small and the trade is not working out. Abide by this simple rule and hold your winning trades for longer than your losing ones.

18. Wait for price action to confirm your opinion

small picture of jesse livermore“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.”

Often, traders get cocky.

They think they have the market figured out and they know what it’s going to do next. Maybe they’ve done a few hours of research and they’re convinced the market’s about to rally. Then they go ahead and trade straight away. They’re impatient and greedy. They want the market to do as they say, and they want to squeeze out every last cent.

But the market doesn’t behave that way. It goes where it goes and when you force a trade you end up on the losing side.

It’ far better to wait for the price action of the market to confirm your prognosis.

If you think the market will rally, then wait for it to go up a little, and then you can get in. If you think the market will fall, then wait for a signal first. Being a little late will cost you a few extra points but that will be nothing if you’re able to capture the much larger trend. And it will prevent you from trading in too many choppy, whipsawing markets.

Another thing traders do is they get fearful and impatient.

They see that the market is inching up to a breakout point and they convince themselves that the market is so strong that it will break through with ease. They then think that it would be a good idea to buy just before the breakout. That way they’re going to get into the trend a couple of points early and that will save them money.

Of course, this strategy is the wrong one. Because all too often, the market will inch right up to the breakout point and then it will fall back. It’s this resistance that causes there to be a channel in the first place. It’s waiting for the price action to confirm the trade that will lead to the biggest trends and the biggest profits.

19. Never average losses

small picture of jesse livermore“It is foolhardy to make a second trade, if your first trade shows you a loss. Never average losses. Let this thought be written indelibly upon your mind.”

We have spoken already that it’s important to cut losses short and let profits run and to never be afraid to take losses.

But it’s equally important to drill home the point that you should never average losses either.

Averaging losses simply means adding to a losing trade.

So, for example, say you bought $1000 worth of stock at a price of $10 a share and that stock then falls to $8. You’re currently down 20% and showing a loss of around $200.

Well, some traders will buy again to average down their entry price. So let’s say you buy another $1000 worth at $8. So you’ve now got $2000 invested at an average price of $9. So now your break even price has changed to $9 per share.

This sounds ok in theory but this is a concept that has led to thousands of blown accounts and millions of dollars of losses.

Because once a stock falls to $8, it’s just as likely to keep falling, and if you keep averaging in, your losses will grow larger and larger.

In fact, it was this kind of approach that led to the collapse of Barings Bank caused by rogue trader Nick Leeson.

The easiest way is to trade with the trend, you add to winning positions not losing positions and this means you manage your risk along the way instead of increasing risk and going against the trend of the market.

20. Don’t try and pick the turns

small picture of jesse livermore“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth – or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across the continent.”

If you want to try and pick the turns successfully you’re going to have a lot of difficulty and you’ll experience a very low win ratio. Simply because it’s almost impossible to pick the turns precisely and come out ahead.

If you trade this way you might lose 9 times out of 10 and undergo a lot of stress and pain in the process.

The easier way is to do what Jesse Livermore did and that is to forget about picking the turns. Don’t even think about looking for the tops or the bottoms. As Jesse Livermore says, the first and the last eighth are the most expensive in the world.

It is far easier to wait for a stock to turn and then catch it as it is already going up. Likewise, once a market has peaked and has already turned down, that’s the time to short it. You wait for the trend to turn in your favour, so that you are sure that the momentum has changed and then you go with it.

In this way, you always buy into strength and you always short into weakness.

This almost goes against human nature but it’s the way trend traders make their money.

21. Prices are never too high to begin buying or too low to begin selling.

small picture of jesse livermore“Never buy a stock because it has had a big decline from its previous high and never sell a stock because it seems high-priced.”

If you take the time to look over any stock, you’ll find that prices trend, that is a fact of the markets that you can rely on. And it’s a principle that trend traders have been taking advantage of for years.

And you can just go through any number of charts to see that this is the case.

Effectively, trend traders can ignore the exact price levels. They simply must focus on the direction of the trend and the strength of the momentum. Finding a strategic way to follow these trends is perhaps the most useful path to take.

So, you should never avoid a stock because the price looks too high or too low. If you do that, you’re bound to miss out on some of the biggest multi-week trends.

Take a look at a stock like Apple. You can see on a long-term daily chart that this is a stock that has made literally thousands of new highs. Here’s the stock on a monthly chart which shows the extent of the price rise:

apple stock monthly chart

If you thought the stock was too high in 2010, you’d have been kicking yourself in 2011. And if you thought the stock was too high in 2011, you’d be cursing yourself in 2012. And so on. If you never buy a stock when it’s making new highs you’re likely going to miss out on all of these big potential gains.

Along the same lines, once you buy a stock, don’t just sell it because it looks high-priced. As we’ve seen with Apple and other examples, the stock can keep going up and up and up. Rather, it’s better to wait for the trend to change, so the correct time to sell is when the stock has turned downwards.

Likewise, you shouldn’t buy a stock after it has declined from it’s previous high. At least not without testing the strategy thoroughly first.

This is one of the biggest mistakes for beginning trend followers. Instead of buying a stock or security at a new high, they wait for the market to pull back. But this doesn’t work too well a lot of the time.

All too often, the best trades will never offer you another opportunity to get in at a lower price, so you have to take the trade when it first appears.

The trades that do pull back and give you a chance to buy in, those are often the ones that keep going south after you’ve made the buy. They’re often the bad trades. They’re among the 60% of trend trades that typically fail.

There’s usually a fundamental reason why the stock has fallen and that’s why it will probably keep going lower or trading sideways for an extended period.

22. It is not good to be too curious about all the reasons behind the price movements.

small picture of jesse livermore“you must have an open mind and flexibility. It is not wise to disregard the message of the tape, no matter what your opinion of crop conditions or of the probable demand may be. I recall how I missed a big play just by trying to anticipate the starting signal.”

In my opinion, this is another key rule and statement from the master trader, Jesse Livermore.

You shouldn’t get caught up trying to understand why a market is doing what it’s doing.

The financial news, reported on sites like Bloomberg and CNBC, will always have a reason for why the market did this and why the market did that, but 90% of the time these reasons are just made up statements, made after the fact.

Financial reporters have a job to do, which is to report on the market. Every single day.

Even when the S&P 500 has finished exactly where it started, a reporter at Bloomberg will discuss the day’s events and find some reason for why the market did what it did.

For example, the other day the S&P 500 went up by 0.56%. According to Bloomberg News, this was due to a better than expected housing number and some potential merger discussions in the technology space.

But is this the real reason why the market went up today?

Most likely, the answer is no. A more accurate answer would be that the market went up today because there were more buyers than sellers over the duration of the session. The market is essentially pretty random on any given day and it follows the path of least resistance.

But of course, you cannot repeat this kind of statement every day because no-one would read it. It’s extremely dull. So reporters must think of ways to explain the movement.

But as I said, 90% of the time, you cannot fully explain daily price movements. Therefore it pays to largely ignore the financial news. This is especially true on quiet days when there are very few important economic releases.

You should also stay flexible when you do have a trade. Because you cannot think too deeply about the underlying issues or you will likely stay with a trade too long or get out too quickly.

I’m not saying that you can never explain market moves. Some of the time, there will be a major event that you can explain. 100%.

For example, the Swiss Franc didn’t soar 30% in January for no reason. It did so because the Swiss National Bank took away the exchange rate peg to the euro.

And the stock market didn’t drop 40% in the 2008 bear market for no reason. It fell because the financial system was in danger and the global economy was moving into a deep recession.

But even though these major market events can be explained, it does not follow that you can easily predict them.

Even if you can predict them, timing them becomes the next biggest hurdle.

For instance, there were many smart people who predicted the 2008 crisis. Commentators like Jim Rogers, Nouriel Roubini, Marc Faber, John Paulson and many others all knew that the property market was forming a bubble and that the banks were over-leveraged.

But few were able to time the bear market well enough in order to take full advantage. Jim Rogers had been bearish on the market since around 2004, so it took years before the market finally proved that he was right. John Paulson made billions betting against risky mortgages, but he had to endure at least a year of lack luster returns before the majority of his winnings came to fruition.

So, in general, you may be able to explain the larger market moves but predicting them and timing them is a completely different matter.

When it comes to daily, short-term movements, there is almost no way to predict what happens. Unless you can gain access to the complete order book that shows how traders are buying and selling and even then it is not easy because of dark pools.

Just remember that the market will always take the path of least resistance, so don’t think too deeply about why it is doing what it’s doing. Just remember to go with the flow. Keep your risk managed and place your bets according to the trend and your plan.

23. Don’t be controlled by your emotions.

small picture of jesse livermore“The human side of every person is the greatest enemy of the average investor or speculator. Fear keeps you from making as much money as you ought to. Wishful thinking must be banished.”

In trading, there are possibly three things that are most important. The direction of the trend, conservative risk management, and psychology.

The direction of the trend tells you how to bet. And your money management rules should tell you how much to bet. But psychology is the final piece of the puzzle that makes everything come together.

Because if you don’t have the right mindset in the first place, you’ll find it extremely hard to follow trend trading rules.

The trend trading philosophy or concept is one that has shown to be successful over many years. But the difficulty is that it does not always sit well with the human mind.

First of all, correct trend trading tells you to go against what comes naturally.

Instead of buying a market when it has pulled back and looks cheap, you must buy when the market is strong and looks expensive. And you must short when it is weak and almost looks as though it couldn’t go any lower.

And instead of selling a stock near it’s high, when you’re making a nice profit, you must wait for it to turn around and to start going the other way. In effect, potentially giving up some of your profits.

And when you have a losing position, instead of waiting for that position to get to break-even or make a small profit, you must take the loss, cut it short and look for a new opportunity.

Of all the problems associated with trend trading, cutting losses short and letting winning trades run is perhaps the most difficult for traders to overcome.

Because there is scientific evidence into the human mind that shows how investors fear losses by a much greater margin than they enjoy winnings.

According to Daniel Kahneman, we fear loss twice as much as we relish success and this makes it hard for us to take risks.

In trading, this means that we will do anything to avoid taking a loss. But this doesn’t work for trend following, because successful trading of trends entails taking many small losses, all the time, and paying for them with a few, much bigger winning trades. If you don’t do this, your loss will turn into a bigger loss and your winning trades won’t be given the room to turn into huge profits.

This is the psychological lesson that Jesse Livermore’s trading rules teach and which all trend traders must learn.

Fear will stop you from cutting your losses early and it will make you take your profits too quick. Once you can realize this, you will be on your way to successful trend trading, and aligning yourself with the natural ebb and flow of the markets.

And, human impulses can work against you in other ways too.

For example, another way is how we handle boredom. As humans, we dislike boredom, we like to keep busy and we like to work hard for our money. But again, this can work against us in trading. Because if you’re bored, you are more likely to trade, and you’re more likely to seek out trades rather than letting them come to you.

By trading too much, you spend too much on commissions and you lose money. So again, successful traders must ignore their human impulses to trade too much or all the time.

small picture of jesse livermore“It sounds very easy to say that all you have to do is to watch the tape, establish your resistance points and be ready to trade along the line of least resistance as soon as you have determined it. But in actual practice a man has to guard against many things, and most of all against himself — that is, against human nature.”

Overall, if you have problems with this third component, psychology, you will find it hard in the markets. Jesse Livermore paved the way, winning and losing many millions and he learnt the hard way that the human mind is your greatest asset and greatest enemy.

But you can teach yourself discipline and learn to ignore your human impulses. With time, you can start to trade with a clear and logical mindset, one that follows the trend following maxim.

24. One should never permit speculative ventures to run into investments.

small picture of jesse livermore“The money lost by speculation alone is small compared with the gigantic sums lost by so-called investors who have let their investments ride.”

Once you make a trade, you should know your motives. If you’ve made a speculative play as Jesse suggests, don’t let that trade turn into a long-term investment.

If the trade is doing poorly, it’s not wise to say that this is now a long-term investment so it doesn’t matter how low it goes. There is simply no reason to keep a trade open that is not performing. This is the trend following mantra. Trades that start poorly usually keep performing badly and just lead to bigger and bigger losses.

Even if the trade is doing well and it’s making money, it will still turn around and when it does, the trend trader needs to be alert to close out the position and move on to another.

This is just another famous trend trading rule which can also be referred to as ‘never get tied to a stock’. Don’t fall in love with a stock just because it’s gone up a few percent.

Don’t become emotionally involved. As Jesse says, more money has been lost by investors letting their investments ride than anything else.

25. Avoid get-rich-quick schemes.

small picture of jesse livermore“People who look for easy money invariable pay for the privilege of proving conclusively that it cannot be found on this earth.”

“The sucker has always tried to get something for nothing, and the appeal in all booms is always frankly to the gambling instinct aroused by cupidity and spurred by a pervasive prosperity.”

Jesse Livermore realized early on that a fool and his money is easily parted and especially so during boom years and bull markets. During these periods people become curious about making money, they become greedy and complacent. They think that markets can only go up and never down and are even told this by various commentators and publications. The 2007 housing crisis, where investors believed that house prices could not fall, was a prime example of this.

Jesse Livermore Trading Rules: Conclusion

I hope you have enjoyed this look into Jesse Livermore, his trading rules and strategies. For some, the suggestions and ideas on this page may appear too simplistic.

But personally, I don’t believe this to be the case. From years of trading it’s clear to me that the best traders are those who are able to find the trends and follow them, just as Jesse Livermore used to do.

As Jesse said, nothing changes on Wall Street and I’ve found that simple techniques work just as well as they ever have.

Many of the best traders do not use complicated strategies, systems or techniques. They simply follow the trends. This sounds simplistic but it isn’t easy because good trend following entails working against your natural human instincts.

Once you know how to find trends and you know how to manage risk, it is the ability to control your psychology that will determine whether or not you can beat the market. If you can do that, you can trade like Jesse Livermore did, and you can have fun taking down the biggest trends.

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Pivot point (Technical Analysis)

From Wikipedia, the free encyclopedia

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In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish.

It is customary to calculate additional levels of support and resistance, below and above the pivot point, respectively, by subtracting or adding price differentials calculated from previous trading ranges of the market.

A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market.[1] In an up-trending market, the pivot point and the resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainable and a reversal may occur. In a declining market, a pivot point and the support levels may represent a low price level of stability or a resistance to further decline.[2]


  • Calculation
  • Support and resistance levels
  • Trading tool
  • References


Several methods exist for calculating the pivot point (P) of a market. Most commonly, it is the arithmetic average of the high (H), low (L), and closing (C) prices of the market in the prior trading period:[3]

P = (H + L + C) / 3.

Sometimes, the average also includes the previous period's or the current period's opening price (O):

P = (O + H + L + C) / 4.

In other cases, traders like to emphasize the closing price, P = (H + L + C + C) / 4, or the current periods opening price, P = (H + L + O + O) / 4.

Support and resistance levels

Price support and resistance levels are key trading tools in any market. Their roles may be interchangeable, depending on whether the price level is approached in an up-trending or a down-trending market. These price levels may be derived from many market assumptions and conventions. In pivot point analysis, several levels, usually three, are commonly recognized below and above the pivot point. These are calculated from the range of price movement in the previous trading period, added to the pivot point for resistances and subtracted from it for support levels.[4]

The first and most significant level of support (S1) and resistance (R1) is obtained by recognition of the upper and the lower halves of the prior trading range, defined by the trading above the pivot point (H − P), and below it (P − L). The first resistance on the up-side of the market is given by the lower width of prior trading added to the pivot point price and the first support on the down-side is the width of the upper part of the prior trading range below the pivot point.

  • R1 = P + (P − L) = 2×P − L
  • S1 = P − (H − P) = 2×P − H

Thus, these levels may simply be calculated by subtracting the previous low (L) and high (H) price, respectively, from twice the pivot point value:[5]

The second set of resistance (R2) and support (S2) levels are above and below, respectively, the first set. They are simply determined from the full width of the prior trading range (H − L), added to and subtracted from the pivot point, respectively:

  • R2 = P + (H − L)
  • S2 = P − (H − L)

Commonly a third set is also calculated, again representing another higher resistance level (R3) and a yet lower support level (S3). The method of the second set is continued by doubling the range added and subtracted from the pivot point:

  • R3 = H + 2×(P − L) = R1 + (H − L)
  • S3 = L − 2×(H − P) = S1 − (H − L)

This concept is sometimes, albeit rarely, extended to a fourth set in which the tripled value of the trading range is used in the calculation.

Qualitatively, the second and higher support and resistance levels are always located symmetrically around the pivot point, whereas this is not the case for the first levels, unless the pivot point happens to divide the prior trading range exactly in half.

Trading tool

The pivot point itself represents a level of highest resistance or support, depending on the overall market condition. If the market is directionless (undecided), prices may fluctuate greatly around this level until a price breakout develops. Trading above or below the pivot point indicates the overall market sentiment. It is a leading indicator providing advanced signaling of potentially new market highs or lows within a given time frame.[5]

The support and resistance levels calculated from the pivot point and the previous market width may be used as exit points of trades, but are rarely used as entry signals. For example, if the market is up-trending and breaks through the pivot point, the first resistance level is often a good target to close a position, as the probability of resistance and reversal increases greatly.

5-day pivot point chart of the SPDR Gold Trust (GLD) for intra-day trading in October 2009

Many traders recognize the half-way levels between any of these levels as additional, but weaker resistance or support areas.[5][6] The half-way (middle) point between the pivot point and R1 is designated M+, between R1 and R2 is M++, and below the pivot point the middle points are labeled as M− and M−−. In the 5-day intra-day chart of the SPDR Gold Trust (above) the middle points can clearly be identified as support in days 1, 3, and 4, and as resistance in days 2 and 3.

Monthly pivot point chart of the Dow Jones Industrial Average for the first 8 months of 2009, showing sets of first and second levels of resistance (green) and support (red). The pivot point levels are highlighted in yellow. Trading below the pivot point, particularly at the beginning of a trading period sets a bearish market sentiment and often results in further price decline, while trading above it, bullish price action may continue for some time.


  1. ^ Schabacker, R. (2005-01-01). Technical Analysis and Stock Market Profits. Harriman House Limited. ISBN 9781897597569.
  2. ^ Edwards, Robert D.; Magee, John; Bassetti, W. H. C. (2001-06-08). Technical Analysis of Stock Trends, Eighth Edition. CRC Press. ISBN 9781574442922.
  3. ^ Achelis (2006-12-01). Technical Analysis From A To Z. McGraw-Hill Education (India) Pvt Limited. ISBN 9780070636576.
  4. ^ Gil Morales & Chris Kacher, Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market, John Wiley & Sons (2010), ISBN 978-0470616536
  5. Jump up to:a b c John L. Person, Candlestick and Pivot Point Trading Triggers, John Wiley & Sons (2007), ISBN 978-0-471-98022-3
  6. ^ Person, John L. (2012-11-29). Mastering the Stock Market: High Probability Market Timing and Stock Selection Tools. John Wiley & Sons. ISBN 9781118416594.

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