Caprison

Caprison

It's a simple line chart drawn to show where price has shown S/Rs. We broke through a key downward resistance after a double dip, then made support at the same resistance. We're likely to head up if we hold at the previous resistance. Let's stay tuned. These are fun times.

Caprison

Hi guys, been a long time since I posted. I've been away working... on other jobs that required my attention (I'm not a full time trader... unfortunately.) Looks like an ascending wedge is forming in the 30 minute time frame. We've been having a crazy run up in altcoins ever since BTC consolidated after the initial ATH between last Dec and Jan. Altcoins have...

Caprison Updated 

Looks like ADABTC maybe forming a wedge in 30 minute time frame. May be a good place to weather BTC price sliding? This happens to also coincide with the resistance levels in ADAUSD and ADABTC. I have good feelings about this. But this might turn south if BTC drops too fast.

Caprison

It seems to me that XEM has hit a bottom in the BTC pair. I think it’s time for a reversal in the daily frame. Good luck.

Caprison

After hitting resistance in the previous high, price movements in ADABTC slowed down and fizzled down below 1000 sats. After hitting 991 sat, it bounced off only to hit 991 two more times. 3 times it bounced off of 991 sats, and the lows are gradually getting higher. If the price can remain above the green dotted line, it may gain enough momentum to attempt...

Caprison

HBARBTC seems to be consolidating in a flag. Entire price swings are enveloped within the two yellow dotted lines. The candle close is enveloped within the green dotted lines. Previous attempts to break previous resistance were rejected. Seems to me that it's gearing up for another attempt. Is HBAR really ready to move once again?

Caprison Updated 

Bitcoin broke the previous trendline that formed the small triangle in the previous posting. We’re currently sitting at 35K which is a round number, and movements in price is slow overall. We are likely headed to 33.5K~34K. - 4H 120 SMA (20 day SMA) coincides with the trendline formed way back before ATH. We may bounce off, since it is a strong resistance...

Caprison Updated 

Very interesting resistance/support found at 36847 It touched several times before bounce had to fully pan out. Now bearish movements being stalled by the same resistance line that was drawn before.

Caprison

Upper part of the triangle highlighted dotted yellow. We maybe trying to break out? It may not go straight up but bounce at the previous ATH towards the lower dotted yellow, and attempt an ascending triangle breakout.

Caprison

In the two hour time frame, a triangular formation is forming, and price is starting to move down from the upper green trendline. On the bottom, there is a trendline highlighted dotted yellow, which was formed at the initial pullback from the 43K highs. I believe it may retest this line in the near future. Will probably bounce off? So short near term scalping...

Caprison

Will Cardano ADA do the same thing as BTC did just moments ago?

Caprison

A suspected ascending triangle highlighted in yellow bold lines in the 30 minute timeframe just broke out. Volume is steadily declining, so expecting a big price movement soon.

Caprison

HBAR, forming a triangular flag and seems to be consolidating for a breakout along with BTC. Alts have been reacting rather very sensitive to BTC movements past 10 days, and while BTC rose 13% past 6 hours, HBAR rose 25% When BTC is able to breakout to the upside, HBAR may have explosive movements to the upside. Will we get new record highs with this altcoin...

Caprison Updated 

Bullish Reasons - Cup & handle formation - Bounces on trendline - Currently developing COVID-19 vaccine in Korea alongside other biotech products - Korean government granted $30 mil to develop vaccines recently