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Subtleasianinvestors

EOSBTC FINALLY STARTING TO REVERSE? After a 53% drop in price since mid Feb EOSBTC is finally starting to show signs of reversing from its non-stop downtrend, what comes down must go up. On the 4HR TF we are seeing a Sym triangle forming with potential bullish play to the upside if broken & retested triangle as support, this is currently supported by a change in market structure, from consistent LH/LL's to now forming a HL & potentially a HH this could be the deciding factor for EOSBTC in the coming few days. Short term bullish play; Would need to see a clean break of upper trendline in Sym triangle broken then re-tested as support, with short term TP at 2895 on previous high structure. Long term bullish play; Once HH structure has been set in stone, will be looking to take long positions on the next HL pullback. If bullish momentum does play out I will be updating this chart with my entry positions, SL's & TP's so stay tuned ! LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Long
by Irezumi
CARDANO HTF SYM TRIANGLE PLAY ADABTC forming a bullish Sym triangle which normally would play out to the upside, however pending BTC action we may see all alt coins take further dumping as BTC pumps. Currently waiting for confirmation on ADABTC before taking any positions, will be waiting for the break then re-test/hold of either side of the triangle in order to take positions either way. Play for either direction is below; LONG PLAY: Will be looking for a break in Sym triangle then a re-test confirming break SL : pending new structure that has formed TP's on the way up: 590, 620 & final TP at 680 SHORT PLAY: Will be looking for a break in Sym triangle then a re-test confirming break SL : pending new structure that has formed TP's on the way down: 510, 480 & final TP at 450 LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
by Irezumi
BTC REJECTED OFF TREND & BREAKING BULL CHANNEL?!After a 182% bull run from our most recent low of $3800 its looking like our bullish movement of BTC has come to a short term end. After being rejected off our daily downtrend creating yet another MACRO LH on the daily-weekly TF we are only looking for SHORTS for our most immediate future on BTC. We will be looking for bearish continuation patterns to form along with weak bullish buyback in order to take IDEAL positions for our BTC short on the 1HR TF, IDEAL entry for me would be between the 0.5 to 0.618-0.65 Fibonacci ranges, TP's on the way down we will look left, 7800, 7050 & 6500 all seem like STRONG support levels on the way down. I will be updating this chart as time progresses, aswell as looking for potential further TP's & re-entry zones if price falls further than current TP's LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
BITMEX:BTCUSD.PShort
by Irezumi
LTCBTC MACRO SUPPORT BROKEN?!?! POTENTIALLY NEW ATL'S IMMINENT!Things are looking VERY bearish for LTCBTC at this moment, with BTC having its pre-halving rally yesterday we have seen LTCBTC break its macro HTF Major support level at 5500. Looking left we have only ever broken & closed below 5500 SAT's on the weekly TF once in the history of LTC If confirmed on the weekly TF, LTC may be looking to fall back further into the dirt potentially testing weekly order block between 3700->2800 SAT's Previous prediction of LTCBTC bouncing off major support unfortunately did not play out. So looking at the next plays, once major support at 5500 is confirmed to be broken I will be looking for short opportunities once we retest that level of 5500 SAT's & confirm it to be new macro resistance. Taking into consideration all possible indicators, although we have bullish divergence on CCI on 4HR TF, this data is potentially useless as it would be pending BTC's movement. Looking at past data any volatility from BTC in either direction usually means alts take a dumping. Will be updating this chart once 5500 SAT is confirmed to be broken, LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Short
by Irezumi
ADABTC Buyer recovery before continuation First of all, congratulations to all who followed my ADABTC call ! 10%+ gains a day keeps the doctor away! After letting the dust settle, I will only be looking for SHORT re-entries on ADABTC, will be looking for continuation patterns aswell as weak buyer recovery for confirmation in order to make a final decision on the re-entry. IDEALLY we would be looking at a slow & weak buyer recovery over the next few days up to the golden pocket range for Fibonacci between 0.618-0.65 in order to take our SHORT orders for the next leg down. If bullish buyback seems extra weak, I will be looking to DCA my entries from the 0.5 Fibonacci line upwards to the 0.618-0.65 golden pocket. TP's on the way down we will be looking at structures to the left, 555, 540, 525 & FINAL TP within 507->500 golden pocket zone of our initial swing low to high uptrend. If we reach the zone between 507-500 & the zone holds as support I will re-assess to take LONG's from this retracement. LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Short
by Irezumi
LITECOIN NEARING END OF MID-TERM BEAR TREND?!?! After a 31% Drop, looking for key structure changes in order to take optimal LONG positions! IDEAL bull entries would be change in market structure, breaking of 4HR downtrend, retesting downtrend as support then consistent HH, HL's forming Short term play is also possible looking for short entries at the top of the downtrends, remember trend is your friend until it breaks. If long play is confirmed TP's on way up by looking left at previous structure would be 5945, 6000, 6150 & final TP's within daily order block between 6275-6400 Will re-assess with more analysis once market structure changes & price starts getting close to order block, LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Long
by Irezumi
3
TRON potentially clawing itself up off the ground???After being down in the dirt for so long TRXBTC may be showing bullish signs for a potential reversal! Slowly but surely TRX has been building an upwards channel which is now looking like it is turning into a higher TF ascending triangle pattern. IDEAL bull entries would be break of triangle before re-testing to confirm support at 200SAT level. If strong support is shown will be looking at candlestick formations to enter off bullish engulfing candles on 4HR TF. Short term play is also possible if Darvis box is formed for internal trend trading. TP's once triangle is broken, we would be looking at previous structure, TP's at 215, 226, 235 with final TP at 260 for full retracement. If full retracement occurs, cup & handle formation may be a possibility for longer term bullish play. LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Long
by Irezumi
3