MaxKoke

MaxKoke

Hello all, I do not typically do any analytical content out side of cryptocurrency, but with the state of the markets and everything happening I thought I would take a look. This analysis is just a simple thought process so do not trade based off this. S&P 500 in Elliot Wave Correction. This seems to be a possibility. After the unfortunate spike in the...

MaxKoke

Looking at the hour chart as I was typing the bullish hammer formed and the price starting moving up. You can see that we are trading in the 6.8-7 range. 6.8 held so a move to 7 is very possible. Just a small trade for fun. Trade safe.

MaxKoke Updated 

Hello, I tend to move around and trade different assets and recently I have had my eye on ADA. Looking at the chart, just a minute ago we saw a huge price drop around 8%. I had drawn up a symmetrical triangle and it seems to be trading within that triangle. A consolidation phase is expected with the large jump in price over the last 24 hours. Consolidation in...

MaxKoke

As circled on the 1H chart, death cross pattern has just formed. Firstly a week or so ago, driving the price lower, and now crossing again, which leads me to conclude that we are going to see a bull run, how large is anyones guess. Just a thought.

MaxKoke

BTC is above 50/200 MA and might be forming a 3 bar play on the 4 hour chart for attempt at $10,000. We will just have to wait for the verification bar to form to know for sure. Volume is very low though. Trade carefully.

MaxKoke Updated 

Bearish Hanging man candle stick and overbought conditions. Be careful.

MaxKoke

Ascending channel, a bearish formation. Btc just hit major bearish resistance. I am short here.

MaxKoke

Hello, In support of the ZRX analysis I just posted, here is another focusing on what ZRX might do in the next week or so. If you want to know in a little better detail why I am predicting a the price to drop to 0.21 check my bearish engulfing post. But I did want to zoom out a bit to get a better look what ZRX is doing relative to the past month or so. If the...

MaxKoke

Hello, hope all is well and everyone is healthy. I wanted to update all of you on my thought of ZRX. So looking at the 1 day chart there is a bearish engulfing pattern, a sign of a large downtrend. Couple this with the fact that BTC, whose behavior effects ZRX, is in a bearish flag and despite a decent amount of volume the price is struggling to keep any upward...

MaxKoke

Hello REP Traders! I am new to REP but I wanted to check out the current state of the market and see what might be happening within the next couple of weeks. Just a simple analysis on the day chart, it looks like we are in a descending triangle. The recent price action I think supports this with a move downward. Possibly falling to the bottom of the triangle at...

MaxKoke Updated 

ZRX has a clear descending triangle . The one hour chart shows several key bearish candlestick patters, most recently a hanging man candle stick. There is resistance around 0.36, however looking on the day chart, the RSI is completely maxed out around 80 at the time of writing this. It is certainly possible we retest the 0.50 cent area, on the 1 week chart there...

MaxKoke

Ascending triangle, support around $8800, and major resistance around $10100. We have tested the resistance once, if it breaks Im long, if it breaks the support it could retest $7800 area. Just a thought, I am not long or short here. Please don't trade based on this, just a thought to consider. What do you guys think? Thanks, - Max K.

MaxKoke

Who ever ran this pump made 65%. I am Shorting. Do not trade by my word. Trade at your own risk.

MaxKoke

Hope all of you are well and staying safe! Don't forget to social distance! 🧍🏽‍♂️--(6ft)--🧍🏽‍♀️ Looking at the chart, my last analysis was short. But looking at the 1 day chart again with a fresh cup of joe, I am long. There is a Downward-Channel ZRX has been in for some time. This channel has replicated a head-shoulders pattern consecutively. Are we seeing...

MaxKoke

Looking at the day chart, a H&S pattern might be forming. This seems to be supported by a high RSI. What do you all think? - Max K.

MaxKoke

Just a simple thought, BTC-USD ascending triangle. Typically a bullish signal, however the price is starting from the bottom of the triangle- not the top, thus creating a bearish signal. The purple line simply shows the current support zone. It is possible the formation continues until the closure of the triangle before a price move downward, or it could break the...

MaxKoke

Hello everyone, it has been a while sense my last post. It is good to be back. I was looking at LTC / USD on 1 day chart and see a possible cup handle formation. I think this is supported by the RSI which is currently around 30 and Bollinger bands, where LTC is at the bottom band for a month or so. I expect to see 120-130 in the next couple of months. I think we...

MaxKoke

BTC/USD has put on a great show today as we jump up to the $4800 range, about 15%. This clears the top of the downward channel in BTC that has been relentless for the last year or so as the bears have been dominate until only recently. This is a good sign that Bitcoin has bottomed and we can look upward in the coming months and year. The next major milestone is...