A fantastic project constantly in development with real world use. I think there is still time for entry just below current price. Dashed white lines are my take profit Dynamic RSI Zones indicator by Cryptorhythms DRSI settings RSI 14 Overbought Decay 60 OversoldDecay 60 TF 3D t.me For more information join the CryptoRhythms Telegram group and tell...
With everyone screaming long, 16k, ATH, Bull Run, Parabolic... Pour yourself a glass of your favourite smooth bourbon on the rocks. Sit back, zoom out and slowly take a sip. There's no rush. Just look at the volume profile. Place your long orders below 5k. The price should go a little lower than that for the entry of champions. Check back next week. Go enjoy your...
Comparing price action, volume, moving averages. About half the volume this year Pattern is very similar Below MA's, same as last year Looking at 6900 for long but 7200-7300 is support, so being patient and won't enter until support confirmed over the next few days probably.
On the left we have the coinbase 4hr chart from October. You can see the shakeout drop from 7990 to 7300 There is a spike in volume which acts as a spring to pump price to 10540 On the right we have the coinbase 4hr chart from November. Don't be fooled in to thinking this is the same price action. After distribution finished, the price dropped. Slowed by the...
Price bounced off weekly volume support around 7900 Then wicked off the weekly volume resistance above, around 8700 We are now sat on daily resistance around 8280 waiting to see if it holds as support before adding long
Month end, perhaps price will wick up 9000-9720 for the close, bouncing back down off an MA or fib. If it dips there isn't much to bounce up from for a while except awaiting long orders. TP 7600 for short, if this happens I will look to short a bounce unless price looks set to break 10k Either way I wouldn't enter here, short 8500-8900 or long 7800 and below
So price finally broke both Symmetrical triangle and Descending triangle on the Daily chart. Price is currently at the bottom of the upward channel on the Monthly and the Downward channel on Weekly / Dailly. If you are following the 16k possibility called for October, that would put the price at the top of the upward channel for the end of October. I have...
Short term trade looking for a long here. 10150-10250 TP 10500 TP 10700
Building long below 10k Action looks like order books being cleared for fast moves Chart has TV volume profile indicator if you don't have a subscription, use my referral and get one. tradingview.go2cloud.org SmartFibo Bull Bear FIlter and BBF Signals, see my good friend: t.me www.tradingview.com MCMA - Multi custom moving average just my own script to...
Here is a quick analysis of BTCUSD, 15 minute interval on the Bitstamp chart The green line shows the support level. The red line is the resistance. I will be looking for action similar to the magenta lines. I want to see the price break the resistance then that resistance become support a pump back to 8k I have included various indicators on the chart so you...
No confidence in too many bullish charts at the moment. Janice on the checkout at the local supermarket isn't talking about crypto and until she does, you have to be cautious
I have been comparing BTC to the July 2018 period. Not at much volume but appears to be more bullish. Not sure if that is enough to keep the price at this level until June though
A well defined cup & handle on the LTC chart I shorted the top of the last leg as it was tweezer top candles on the 4hr I think a drop from current position and I will be looking for entry back to long For further information on the indicators I use Bottom / Top Finder and BullFilter www.tradingview.com t.me Check out my crypto designs store www.redbubble.com
I don't think this pattern will achieve a full retrace to 3980-4000 I would like to see next move push up to 3820 Currently watching wall on Coinbase and Binance around 37-3720 So these orders are either going to be removed and we will bounce up the next leg or we retest support 3680 which can be seen on the heatmap using TensorCharts If we see 3680 I will be...
More times than I can remember, the inverse head & shoulders breaksdown before completion. This is my projected candle path for this setup. I did look at the possibility we would go up again to 41-43 before going down but I don't think that is where we are at.
It is almost midnight on Christmas Day and I am tired and indecisive. Couldn't decide between flag or inverse head & shoulders. I will probably wake up in the morning and both were invalidated. Anyway Im long 0.0416 Possible entry at current price level 0.0436 or long breakout / right shoulder, I would wait to break 38.2% fib 0.0450 Take Profit 0.0468 Take...