HolRiz

HolRiz

Looking at OBV collated from all major BTC exchanges and fiat pairs (collected from 1 min timeframes), we can see massive divergence between price and On Balance Volume. There is alot more selling volume than buying volume, which makes it look like this is a dangerous rally to buy into. I expect to see a wick up to destroy the shorts and trigger stops, then a...

HolRiz

Fundamentals Yesterday Ocean/ BTC was listed on Binance, today Ocean/USDT was listed on Poloniex. Tomorrow Ocean/USDT is listed on Binance. This is bringing much more liquidity and volume to Ocean, plus Coinbase has shortlisted it as a possible to list there, so rumours are pumping and the community is like a wild rabble with moon shots in their eyes. Alot of...

HolRiz

Fundamentals Yesterday Ocean/BTC was listed on Binance, today Ocean/USDT was listed on Poloniex. Tomorrow Ocean/USDT is listed on Binance. This is bringing much more liquidity and volume to Ocean, plus Coinbase has shortlisted it as a possible to list there, so rumours are pumping and the community is like a wild rabble with moon shots in their eyes. Alot of...

HolRiz

This follows 5 completed waves up (Wave 1). Looks like we are forming a ABCDE Triangle retracement pattern (Wave 2). Most likely I think that we will break upwards out of this ascending triangle to start Wave 3 of the bigger structure.

HolRiz Updated 

I can see a large ascending parallel triangle that has built over the last 7 days. Buy on breakout above $38. Be aware that often in this type of breakout we may come back down to test the upper trend line of the triangle after the breakout. The height of the triangle takes us to our target 2. Also there is a large bull flag forming which is another strong...

HolRiz

Always very risky shorting BTC of course, but what we are seeing here are many combining factors: - We have a clear bearish head and shoulders pattern forming - We have a bearish ascending wedge - We are at the top of the main channel on 1 day view - We have major divergence on the RSI with latest 3 peaks posting higher highs in price but lower RSI readings •...

HolRiz

I can see a large ascending parallel triangle that has built over the last 7 days. Buy on breakout above $38. Be aware that often in this type of breakout we may come back down to test the upper trend line of the triangle after the breakout. The height of the triangle takes us to our target 2. Also there is a large bull flag forming which is another strong...

HolRiz

Bullish flag pattern go long on breakout above

HolRiz Updated 

Strong parallel triangle pattern forming on BTC. This is obviously in a very strong uptrend, and more often than not this pattern suggests a continuation. With the global FOMO effect in action and the Gold rush frenzy, the odds are that this will break out to the upside here. Buy on confirmed breakout, target around 7-10% profit.

HolRiz Updated 

Double top on BTC - divergence on RSI, STOCH and OBV - go Short here. Checked across all main exchanges and the divergence is visible on all of them, time for a pull back here, in most likelihood.

HolRiz Updated 

1-5 Impulse wave just completed, Looks like an ABC correction wave in progress we have just hit the B peak and it looks like we are now heading down to complete the correction pattern. There is also a head and shoulders pattern at the top of the B wave peak with the neckline nearly breaking down. Enter Short trade on break of neckline. If this wave down moves as...

HolRiz Updated 

Falling wedge pattern signals potential continuation of uptrend. Buy on breakout above the falling wedge with a 30% target at the previous high at 0.0065. An extraordinary amount of upward trendlines converge on the previous high at 0.0065, it seems all roads lead to 65 if we can get the breakout up. On the daily chart this coin is sitting in an impressive uptrend...

HolRiz Updated 

EDG just saw a double bottom, following a huge price drop this week. With a drop in price this big now we've had a double bottom, we expect a level of retracement now. If we retrace to the 0.382 fib line we are looking at at a 23% increase from here. 33% to the 0.5 line. EDG suffered a huge drop this week following a 200 Ether theft through their Slack channel...

HolRiz

BlockNet (BLOCK) has a strong upward trend channel on the daily. Looks like it just completed an ABCDE wave down and we've just broken up out of the channel, if this move is sustained we are looking for 20% target.

HolRiz Updated 

Based on the longer term bull flag that we broke above and out of 12 hours ago (see inspiration chart below), we now have what appears to be a shorter term bull flag forming. I suggest waiting for a strong breakout before entering the trade. Target 25-30% or new highs for BlockNet. Volume looks like it's building behind this one, and there is a strong uptrend...

HolRiz Updated 

First bottom closes outside the Bollinger Bands with high volume. Then retests, closing inside bands. Second bottom closes outside of the Bollinger Bands. Volume 60% lower on second bottom

HolRiz

This looks like an Elliot triangle wave (ABCDE) completing, following the 1 to 5 rally. ready to start upwards again. Fundamentally OmiseGo is a very strong product that is not directly affected by China banning ICOs. There are rumours of a partnership with Google coming up and the overall product has amazing potential, I am long this one! I am new to technical...