Overall Summary: Overall the last 60 days (from the 15th of December to the 15th of February) were neutral to bullish and I am bullish for the next 7 days. It is worth noting, that the market sentiment has driven the bullish price action in the last 7 days, rather than specific price action worthy news from the security itself. Detailed Summary: This chart...
Overall Summary: TRXUSD Daily Chart using Heikin Ashi candlesticks, MA (20,50,100,200), VPVR, BB, RSI & MACD. Overall the last 14 days (from the 31st of August to the 13th of February) were neutral turned bearish as we break out of a 1 month consolidation range. I am bearish for the next 7 days forecasting that prices will retrace to the next major S&R of...
Overall Summary: Overall the last 7 days (from the 25th to the 31st of January) were neutral and I am bearish for the next 7 days. After a two month uptrend, and the issuance of the BitConnect Token (BTT), I believe that we will see a significant medium term down trend. Detailed Summary: This chart uses daily Heikin Ashi Candlesticks with a custom trend bar...
Overall Summary: Overall the last 24 hours (15th of January) were bearish and I am neutral for the next 24 hrs. Detailed Summary: This chart uses 1 hour Traditional Candlestick chart, Volume Profile Visible Ranges, Bollinger Bands, 4 EMAs (9/15/21/55), CCIOBV & ATR. Traditional candlesticks charts is the most popular charting pattern. It is great for shorter...
Overall Summary: Overall the last 24 hours (15th of January) were bearish and I am neutral for the next 24 hrs. Detailed Summary: This chart uses 1 hour Traditional Candlestick chart, Volume Profile Visible Ranges, Bollinger Bands, 4 EMAs (9/15/21/55), RSI & MACD. Traditional candlesticks charts is the most popular charting pattern. It is great for shorter...
Overall Summary: Overall the last 7 days (9th - 16th of January, 2018) were bearish and I am bearish for the next 7 days. Bitcoin is trading in the $4000 to $3500 range during the last week, 81.7% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current down trend. The price is closest to the 20 MA with a trend...
Overall Summary: Overall the last 7 days (9th - 16th of January, 2018) were bearish and I am bearish for the next 7 days. Bitcoin is trading in the $4000 to $3500 range during the last week, 81.7% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current down trend. The price is closest to the 100 MA with a trend...
Overall Summary: Overall the last 7 days were bearish and I am bearish for the next 7 days. Bitcoin is trading in the $3600 to $4200 range during the last week, 81.5% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current downtrend. The price is closest to the 50 MA with a trend towards the 50 MA. The volume has...
Overall Summary: Overall I am bearish. Bitcoin is trading in the $3600 to $4200 range during the last week, 81.5% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation/consolidation/reversal of the current X trend. The price is closest to the 50 MA with a trend towards the 50 MA. The volume has decreased over the last week,...
Overall Summary: Overall I am bearish. Bitcoin is trading in the $3600 to $4200 range during the last week, 81.5% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current downtrend. The price is closest to the 50 MA with a trend towards the 50 MA. The volume has decreased over the last week, which is supporting the...
Overall Summary: Overall I am bearish. Bitcoin is trading in the $3600 to $4200 range during the last week, 81.5% down from the ATHs, with a market cap of $63 billion. The chart indicates a continuation of the current downtrend. The price is closest to the 200 MA with a trend towards the 200 MA. The volume has decreased slightly over the last week, which is...
This is a 1HR BTCUSD chart (BitFinex) using Heikin Ashi candlesticks, Bollinger Bands, EMA (9, 15, 21, 55), a custom OBVOSC indicator and a standard MACD - 5 days of price action review. Heikin Ashi is another Japanese candlestick pattern and HA actually means ‘average’ in Japanese. It does just that, averaging out price movements using a weighted calculation I...
This is a 1HR BTCUSD chart (BitStamp) using Heikin Ashi candlesticks, Bollinger Bands, EMA (9, 15, 21, 55), a custom CCIOBV indicator and a standard RSI - 5 days of price action review. Heikin Ashi is another Japanese candlestick pattern and HA actually means ‘average’ in Japanese. It does just that, averaging out price movements using a weighted calculation I...
This is a 1D BTCUSD chart (BitStamp) using Heikin Ashi candlesticks, Bollinger Bands, EMA (9, 15, 21, 55), a custom CCIOBV indicator and a CMF indicator. Reviewing 1 month. Heikin Ashi is another Japanese candlestick pattern and HA actually means ‘average’ in Japanese. It does just that, averaging out price movements using a weighted calculation I won’t cover...
This chart uses Heikin Ashi Candlesticks with CM TrendBars (21D), EMAs (9,15,21,55), RSI (13D, 80/20 ranges) and a MACD indicator. Most trend traders are familiar with Heikin Ashi candlesticks. HA means ‘average’ in Japanese because these candlesticks ‘average out’ prices vs traditional candlesticks that are based on OHLC. This has two benefits: it reduces noise...
This is a 1D BTCUSD (BitFinex) chart using Renko Candlesticks along with a CM_Trendbars (add on), 4 EMAs (9,15,21,55) and a custom DMI - with a focus on the last month of price action. Renko Candlesticks patterns come from Japan and Renko means ‘brick’. They are a cousin to the Heiken Ashi candlestick patterns, using weighted calculations of the OHLC (Open High...
This 1D BTCUSD chart is based on Renko Candlesticks, the CM_Trendbars, 4 EMA (9,15,21,55) and a custom DMI. Renko Chart patterns come from Japan, and they apparently mean 'brick'. They are a cousin of the Heikin Ashi candlestick patterns, using weighted calculations of the OHLC (open, high, low, close) but without the time. Renko candlesticks are now well know...
This chart uses Heikin Ashi Candlesticks with CM TrendBars (21D), EMAs (9,15,21,55), RSI (13D, 80/20 ranges) and a MACD indicator. The Heikin Ashi candlesticks are a different type of candlestick pattern, meaning ‘average bar’ in Japanese, which reduce underlying noise and produce a smoother looking candlestick pattern. The ‘smoother’ candlestick patterns is...