CryptoCantona

CryptoCantona

$BTC - Time to bounce? Pretty clear to see what is shaping up here guys. Falling wedge is obviously a bullish pattern, but I am looking for more volume confirmation before really diving into a stronger long. Important pattern to watch though. #bitcoin

CryptoCantona

$BTC - Channel analysis - Can clearly see BTC within a downward channel on 4hr here - After a move upwards (blue arrow), this pattern typically indicates a bullflag - HOWEVER, the volume on the move up that proceeds this channel was very weak when compared to that of the dump(s) before it - This makes me very skeptical of the likelihood that this will play out as...

CryptoCantona

$BTC - Some thoughts - Overall, this is where I would expect price to have settled on the drop - Wold be a fairly routine "retest" if this low holds in the green zone - However, some concern looking at VPVR: - Typically want to see volume below > than volume above before a move - Currently worried about large volume shelf in...

CryptoCantona

$ETH - Pennant meme - #Ethereum trying to get something going nearing the apex of this bullish formation - A strong break should see a push back towards 0.04 or so - Not trading this, but definitely something to watch especially regarding $alt performance

CryptoCantona

$BTC: Bullflag? - Zooming in a bit to spot this possible bullflag forming on the 30m - Expecting a bounce in green zone or at bottom of flag before breakout - Volume should decline leading up to breakout - Traditional target would be the length of the flagpole (green dildo)

CryptoCantona

$BTC - Key Levels - Resting on crucial support here for 4th time (ignore wick) - Needs to bounce here or a breakdown looks likely - If breakdown green box needs to hold or 6k is possible again - Red zone is next major resistance

CryptoCantona

$BTC: Perspective - Some great action across crypto past day or two, but don't forget to zoom out - THIS is the real range that needs to be acknowledged, and the bear market continues until broken upwards - Still towards bottom of range - Still long from ~6200

CryptoCantona

Liking how alts are bouncing across the board - these are 2 plays on NULS I'm watching.

CryptoCantona

• Really liking how price has been holding through the recent BTC dump. • Looks like clear accumulation to me.

CryptoCantona

• As long as there are no weekly closes above 0.0001878, there is no reason to enter technically. • Fundamentally KMD is a strong project but is still in negative price discovery so you're much better off buying a confirmed reversal on a retest.

CryptoCantona

$BTC: Rising wedge? - Sort of a meme wedge/pennant here can be seen after yesterdays dump - Technically a bearish structure - One more rejection in the red box would lead me to believe this breaks down further

CryptoCantona

$BTC: Morning volatility - Some nice movement here for Friday morning - Just made a move up on decent volume - DANGER: Look at the trendline. Is this just the retest? - Will need to smash through on volume or fall back down Current resistance: 6525, 6675 Next Support: 6350

CryptoCantona

$ETH looks to be going for it here - breaking out of this falling wedge. Target around 0.044 if we get a good move.

CryptoCantona

Thoughts on chart.

CryptoCantona

Pattern from yesterday broke up like we wanted, may be painting an ascending triangle now for the next move. Shorts still remarkably high.

CryptoCantona

Interesting pattern developing as shorts approach their all time high. I am expecting this to breakout and trap or even liquidate lots of shorts. Hopefully this provides a catalyst for BTC to start moving back towards 7k.

CryptoCantona

Like most, I am expecting the 6800 level to act as an important $BTC resistance yet again. I have had this area shaded for about a month, and you can see the influence its had since then. Bulls will need to break this strongly to have any prayer over the next month. #bitcoin

CryptoCantona

$BTC - "Up or Down" 1. Yes I am enough of an asshole to post an up or down chart 2. Simple structure may give way to next big move 3. Notice declining volume within the pennant Bull target: 7230 Bear Target: Retest of wedge around 6900