EliBathory

EliBathory

On the higher daily TF, as you can see there is descending triangle formed. Recently, we just confirmed the downline of the pattern as a respectable support. I believe we are accumulating now to retest the falling trendline (triangle top).

EliBathory

We just formed double top resistance on 4H chart, and i do think we also formed rising wedge pattern, but definitely not significant one. There is high probability we will breakdown from here, you can enter short position by using retracement or breakdown strategy.. Happy trading!

EliBathory

We are inside 2 significant triangles, ascending and symmetrical. My opinion is this current trading zone is the accumulation phase, which may lead another breakout to the next Daily resistance around $12.800.

EliBathory

We actually just broke down bearish wedge and create new bearish pattern. Indicate shorterm retracement at least to green area. If green support area hold the price, we could make a perfect cup and handle pattern on daily chart. Also on the daily chart, we successfully create golden crossover between 50 & 200 MA. So, on a bigger scale. We're still in bullish if...

EliBathory

Ascend. triangle + triple bottom Also there is bullish divergence on RSI Buy Area 2050-2100 Sell target should be 2205-2310-2499-2625-2730 Stoploss 1806

EliBathory

Breakout on the 4H chart after formed double bottom MACD crossover + RSI bullish pattern Current retracement position is strong support ✌️ Current price 90-92 Sell target should be 96-98-103-112-134-150 Stoploss 76

EliBathory

Just returned to uptrend channel after breakdown towards ATL, triple resistance could make a strong bounce ✌🏻 Buy Area: 600-620 Sell target: 650-688-720-799-860 Stoploss: 499

EliBathory

Formed bullish channel at the bottom ATL, good to accumulate for mid-longterm 👆🏻 Buy Area: 600-620 Sell target: 650-688-720-799-860 Stoploss: 499

EliBathory

If our double support (horizontal line + top channel) hold the price. There is possibility to break 200 MA, and expect at least 20% price movement Buy Area: 1640-1615 Sell target: 1775-1892-2028-2212-2399 Stoploss: 1355

EliBathory

BINANCE:POABTC We've never close above 200 MA in history, also pattern showing retracement test after we broke invert H&S pattern Buy Area: 174-165 Sell target: 180-192-208-227-250-open Stoploss: 138

EliBathory

DLT forming invert H&S inside yearly uptrend channel, doing a good job reversal from all time low Buy Area: 485-510 Sell target: 535-570-622-660-715-open Stoploss: 408

EliBathory

We've been accumulating since august 2019, also 20/50 MA soon will have golden crossover Buy Area: 2250-2175 Sell target: 2365-2520-2722-2945-3240-open Stoploss: 1935

EliBathory

BINANCE:BRDBTC showing strong reversal Buy Area: 2650-2525 Sell target: 2760-2940-3176-3412-3885-open Stoploss: 2230 - or just hold, we're so close to ATL

EliBathory

Wait for retracement test/support confirmation. It just broke 2 bullish pattern at once: 1. Invert Head n Shoulders 2. Ascending Triangle We may start pumping to face triple resistance i talked in

EliBathory

#BTC OVERALL REVIEW The pattern has formed a perfect cup, if a retracement occurs to retest / confirm support at 8570 (or 8249). Instead it will form a Cup & Handle Pattern that'll make the bullish power even more extreme. Will there be a retracement? 1. Projection of 5th wave length are usually 1x or 0.618x 1st wave length. If you look at the chart, the...

EliBathory

Looking at the daily chart, it is clear that since September 2018 we always make lower highs and lower lows. There are several higher lows but not quite significant. YES! Around May-July, there were 2 higher highs formed. But after the breakdown, unfortunately we instead made a descending triangle pattern. (already had a breakdown on November) Our middle line on...

EliBathory Updated 

9100K pump yesterday was a fake breakout and at the same time it confirmed our DOUBLE resistance (top channel and top wedge). If we see from November to mid-December there is an ABC correction. Then it immediately formed the first 3 waves of the elliot waves, it's likely that we will soon enter the 4th wave. Now the chart has already breakdown the rising wedge...

EliBathory

An overall update for longterm #BTC: Overall market is still bullish, with a short term bearish retracement. Our daily chart has broken out a downtrend channel and formed a smaller uptrend channel, right now we are at the top of it. Please also note that there is a rising wedge formed, we are exaclty right at the apex now. RSI Daily is also at overbought...