Entering thick volume, historically - also note that volume on the first pump and the bounce on the second; volume currently is dead, meaning (to me) any movement currently doesn't have much conviction.
PART 2 of BitOoda Morning Report 1/2/2019: The second chart of the day we will look at is ETH/BTC spread. Let us revisit our BitOoda Morning Report from 12/17/18: “Ethereum was in a bear market with other crypto-assets, it is in a more mature stage than Bitcoin. That made us look at a relative value trade of ETH/BTC pair. Coincidentally, the ratio made a 0.026...
ETH formed cup & handle theory , Retrenchment target to be around 149~150. Before set for long Trend. Ichimoku cloud indicated there will be a slight short bounce before long trend appear. ETH Long around 140+ after retrenchment at 150 Stop loss target 124.
MY NEW SYSTEM. TAKEN A YEAR OF DEVELOPMENT. ENJOY
BTCUSD bounced off our first support at 3039 (61.8% Fibonacci extension, horizontal overlap support) where a further rise might occur above this level pushing price to our major resistance at 5026 (100% fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance). Stochastic (21,5,3) bounced off support and we might see a further rise in...
ETH INTRA-DAY BREAKDOWN - 23/12/18 What has occurred since our last INTRA-DAY BREAKDOWN FOR ETH ? - I stated that we should go long at 82$ and that our take profit targets were 103$ firstly (our most conservative target) and then 133$ (still a conservative target) and finally incase BTC saw a pump to highs of 4700$ (capped at this level), ETH would meet our final...
26.3% gain close, now came shorting signal, 55% of being correct with 1:3.5 risk reward ratio.
Looking longer term we might begin closing shorts and preparing for lambo season. go vitalik
LTCUSD is approaching our first support at 23.09 (61.8% Fibonacci extension , horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 27.71 (61.8% fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance). Stochastic (89,5,3) is approaching our support and we might see a...
ETHUSD reversed off our first resistance at 94.21 (50% Fibonacci retracement , horizontal swing high resistance) where a further drop might occur below this level pushing price to our major support at 85.85 (61.8% fibonacci extension , horizontal swing low support). RSI (21) has reversed off resistance and we might see a corresponding drop in price. Trading...
ETH is not looking to good right now. From the Ichimoku cloud and the Stoch RSI we can see that we are still very bearish at this levels. In my opinion ETH will test $130's and if it breaks lower than that we could see $50's for sure.
XRPUSD reversed off our first resistance at 0.3359 (61.8% Fibonacci extension , 23.6% Fibonacci retracement, horizontal overlap resistance) where a strong reversal might occur below this level pushing price to our major support at 0.2523 (61.8% fibonacci extension, horizontal swing low support). RSI (21) is also approaching resistance and we might see a...
LTCUSD is approaching our first support at 23.09 (100% Fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 27.71 (61.8% fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is testing our support and we might see a...
ETHUSD is approaching our first resistance at 101.8 (61.8% Fibonacci extension , 38.2% Fibonacci retracement, horizontal overlap resistance) where a strong reversal might occur below this level pushing price to our major support at 87.55 (100% fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support). Stochastic (21,5,3) is also...
ETHUSD is approaching our first support at 106 (100% Fibonacci extension x2, 78.6% Fibonacci retracement , horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 122 (61.8% fibonacci extension , 78.6% Fibonacci retracement ). Stochastic (55,5,3) is approaching our support and we might see a...