CryptoCantona

CryptoCantona

Daily Update: Watching this formation as a possible catalyst for another leg up. Targeting 6750 range

CryptoCantona

Using the 4hr we see a relatively expected bounce after a TD9 above support at $6000. I like the look of this engulfment here, and does look like at least a LOCAL bottom. I expect some sideways movement under 7k for a while. No current positions atm.

CryptoCantona

Chaos: BTC fell from the sky yesterday and broke through crucial log support, which helped to outline a large pennant forming. This was obviously a very bearish move, and devastated many who counted on a bounce. Thankfully, those of us who were short did quite well. I am currently looking at $6500 (right about where we bounced) as a level of support that needs to...

CryptoCantona

Broke down out of the support I identified in the previous post. We do have support in this 7400 range, so I anticipate a little bounce, with the next major support around 7200.

CryptoCantona

Got another perfect touch off of support just then, confirming that trend. Chart looking more and more bearish, but I will hold until this breaks.

CryptoCantona

Daily update shows this pattern forming. I will remain long unless this breaks down, in which case a short may be on the cards. Will be interested in seeing support tested once more here. The engulfing 4hr tweezer bottom is pretty encouraging.

CryptoCantona

NANO rejected before the cloud, looks set to retest breakout before making another attempt.

CryptoCantona

All entries, targets, and analysis in my group below!

CryptoCantona

Entry, targets, and analysis posted in my group below!

CryptoCantona

Here is a bear case for you all. This possible Head and Shoulders may be playing out. If the neckline breaks, I expect the log trend to be tested once again within my accumulation zone. If we bounce from the neckline - 8k should be inbound.

CryptoCantona

All analysis will be posted in the group below!

CryptoCantona

BTC fell from the support I identified and we nailed a great short opportunity. Then fell into the same accumulation zone I've been identifying for weeks and now bouncing back into the cloud. However, the volume is still as weak as the last time in the cloud, and we were thrown back out. I am still net short, but will continue to accumulate in the green zone.

CryptoCantona

Breaking through our support, so I closed my long in profit, and am considering a short down towards 7200 again for a hopeful higher low.

CryptoCantona

Dumping a bit here and currently finding a bunch of support lining up to stay within the cloud. As long as tenkan and trend support stay respected, I think the end to end move is still in play.

CryptoCantona

Very tight so I don't expect this pattern to produce more than a $100 move in either direction, but a breakout could be a decent scalp.

CryptoCantona

Enjoying just how well the accumulation area has worked for us. Filled longs over the past week, and now we are seeing the beginning of a nice little run. You can see the 4hr TK has just crossed bullish, and price is currently flirting with the cloud. Finding support there should trigger an end to end move. Bullish

CryptoCantona

Buying a smallish bag of NEO now after it bounced off of support yet again. Starting to look like it may reverse from downtrend, or at least travel back to resistance. Notice the 1D MACD crossing bullish. I will add more closer to support if we retrace. Please note that almost ALL alts are depending on BTC to recover, so follow my daily updates to see where we are at.

CryptoCantona

Daily Bitcoin analysis: Looking like we are coming down to retest the breakout from resistance yesterday. I still feel quite bullish if it holds.