LanaFL

LanaFL Updated 

BTC tried hard to break the diagonal resistance, tried twice with no success, and as you can see, painted a rising wedge. Target is measured. I would try to scoop 6550, but with a very tight SL, because if failed - say hi to 5700. Good luck! //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//

LanaFL Updated 

Daily RSI cooled down and Ichimoku cloud turned green the first time since February. Don't take it easy! I'm still in, and loading up as much as I can :)

LanaFL Updated 

DOGE had a serious pullback during the last two days, found the support at 0.0050 and heading up again. Not clear how high ATM, but closest resistances are 0.0056, 0.0059, 0.0066, and the last one might be tough. Bulls went for reinforcement and came back strong. May breakout both ways, but targets(length of the arrows) are measured. Watch this triangle -...

LanaFL Updated 

DOGE has some cool off finally and painted inverse H&S . The neckline at 65 , if broken, the target at least 75. Also! DOGEcoin has been added to Poloniex! This is a very bullish news. twitter.com If Coinbase will do the same, I expect it to cross $1 eventually And yeah, September 5. Don't miss it! //This information is not a recommendation to...

LanaFL Updated 

DOGE has been rallying since yesterday and made an impressive +30% gain this week. Meanwhile, BTC has only +6%. DOGE is the only double-digit gainer among all cryptos, and it's understandable since it was added to the most popular trading app Robinhood , but the real reason for rally is an announcement of Etherum-DOGE collaboration which should occur...

LanaFL Updated 

BTC has a Cup & Handle on 1H chart. This is a real Mexican standoff, and price stall at diabolic 6666.01. Price should test 7050 - 7200 and this probably will be the last mover before the continuation of the downtrend //This information is not a recommendation to buy or sell. It is to be used for educational purposes only//

LanaFL Updated 

Hi, folks! I didn't post anything for a while, because previous targets remain intact and there is not to much I can add. However, some traders got tired from the downtrend, that's why they forcing the trades trying to call this a bottom. As you can see, RSI currently ~50 remaining neutral for move in both ways, but BTC painted a big bearish flag which...

LanaFL Updated 

Hi, everyone! BTC is in the bearish channel for 14 days and we didn't have any significant bounces that often can be found during selloffs like this. This is understandable because the selling pressure is ridiculously high . During the last 24 hours price formed a Diamond pattern that we talk about and traded previously. Diamond is the reversal pattern ...

LanaFL Updated 

Hi, guys! BTC has literally 10 red days in a row, and there was no support on the way down that would make it bounce. Now, we approached the main support line that has been tested three times this year, and as we know, if support was tested 3 times, on forth it fails almost guaranteed. We all were waiting for Inverse H&S, but it doesn't look legit anymore,...

LanaFL Updated 

Hi! My concerns about a H&S in my previous post appeared to be reasonable. The neckline was broken, measured target at 6550. 7K trying to hold, but if broken, we will go down hard and fast. If the price will manage to get back to 7400 today, we still have some hope for the cancelation of the pattern but my SL was hit at 7499, and I'm not going to go back...

LanaFL Updated 

Hi, everyone! BTC has 7 red days in a row, and after one day of consolidation have a two red dailys again. STOCH RSI oversold and trying to engulf, RSI not oversold yet, but very close. I expect some sideways between the downtrend line(connecting all last tops) and a new support line (green, connects A-C-E). Watch the price action after E, it will determine the...

LanaFL Updated 

Hi guys! We had some correction during last week, and price found the support at 7500. BTC came back to retest the support and touch the downtrend line that we had since 13k and broke recently. BTC just formed the Diamond pattern , which is a reversal pattern . We also have an inside bar on the key support level , daily StochRSI under 40 and daily RSI ~50 ...

LanaFL

Hi, everyone! Yesterday BTC got under the pressure of FUD, and perfect set up has been messed up. 7200 was my point of no return, but we bounced from it, made a rising double bottom and heading up for now. But the problem is, that momentum was lost and we got under one more resistance that will hold BTC on the way up. It's between 7600 and 7700. The bullish...

LanaFL

Hi! DOGE has been added to the Robinhood , so everyone can buy it now and this caused a huge pump. The other reason for the intensive growth is Bitcoin, which is very bullish atm and trying to break MA200 . DOGECoin painted a bullish flag during the past week, slow and steady decreasing RSI to nearly oversold condition at all timeframes from 4H and lower....

LanaFL

I think that my previous post looks pessimistic, while I'm actually not. We have way more on the bullish side than on the bearish. BTC painting Inverse H&S that I mentioned here The neckline right under the strong resistance line and breaking it not going to be easy. BUT! If we will break MA200 at 8500, we likely will see a very strong FOMO that may bring us to...

LanaFL

Hi, guys! BTC has a strong run during the last two weeks. We are almost 3000 from the entry point and this is a great gain! 8500 was rejected, but I expect it to be tested again. Price is right under the MA200 (8500 atm)and breaking it not going to be easy. If we breaking 8500 in next couple of days - we should see 9350 eventually, and if FOMO will be...

LanaFL Updated 

Hi, guys! Hope you like my last charts and you made money together with me :) We have a lot of good news: 1) We found strong support ~5800-6000 2) We broke the longtime downtrend channel 3) We broke 6200 resistance 4) !!! We are approaching 4/1 Gann Fan that I talked about in my previous charts. It's currently at 6800 and breaking this level should bring an...

LanaFL

Hi! DOGE has been added to the ROBINHOOD , and now available to the general public, and right after the announcement, it was clear that the price will pump vertically, what we could see during this week. Rule of thumb - whatever is being added to the Robinhood or other major exchange being pumped impressively. Twitter literally exploded with the bullish...