Neilsh

Neilsh Updated 

Massive 13 yr trend line broken. Retest of Value Area for long term hold.

Neilsh Updated 

Hi all, S&P is showing signs of reversal. It is moving within a ascending wedge clearly seen on the Daily chart and we possibly have a Gravestone Doji candle forming on the Weekly.. both suggesting a reversal is coming. I will be looking for a breakdown below 1D and 1W ATH candle close level and then shorting the retest of said level.

Neilsh

The USA Feds printing press or credit supply machine of money supply is an incredible chart... wish I could have been long on that one!!! Like looking at BTC on a 1W chart that thing mooned hard! But like BTC we know it rockets up but also it returns to its mean.. usually an 80% drop from ATH. I'm not saying the money supply will be cut by 80% but with such an...

Neilsh

This is the Value area to set Buy Limit orders

Neilsh

I'm waiting till September or August for a break upwards to new highs. I believe we will see a ranging market for the next few months and then a break of the 14000 level and retest. I will be looking for a successful Daily close above 14000 and consolidation above that area.

Neilsh

Hi Some notes to myself and hopefully something helpful to my fellow traders for trading longer term market structure without the use of lagging indicators. Simply looking for reversal patterns like the double bottom seen here then waiting for a break out upwards of Structure Resistance and the decending trendline .. Retest of now hopefully support.. waiting for a...

Neilsh

Measuring the last 2 Bullish waves up and comparing them to the last 2 Bearish waves down shows Slowing Bullish momentum. The Bullish wave to the high took longer and had a smaller % gain than the previous wave up.. and also if you measure the bullish waves from 16k each has been smaller than the previous. The Bearish waves down are growing in size and speed.

Neilsh

Hi all, Just wanted to share something that I noticed with BTC for educational purposes. I measured the last two bullish legs... the 1st to $42000 and second to $58000. The 1st move being $320% and the 2nd being pretty much a 100% move up. This looks to me like the upwards momentum is slowing and that this possible leg up to $74000 and 70% might possibly be the...

Neilsh Updated 

An interesting n simple way to look at the market ...Stochastic with 14- 5- 5 setting. Two Descending Wedges.. only time will tell which one will play out.. possibly the latter (in my mind) .. And if you judge this market by and compare it the last Bear market in 2014-2015. But hey 2019 isn't 2014 so stay abstract in your Zen..

Neilsh Updated 

I'm not liking the look of the fast approaching 55ma.. its played strong resistance since Sept on the Daily. 13ma looking like it will cross under the Bol Basis line. Volume is dropping. Bollinger bands are tightening so we have some Volatility coming. On the 1W Chart Stochastic RSI is very low at 11 and starting to curl up. CCI is low @ -148.0000 and moving...

Neilsh Updated 

Some price comparison between 2014 and 2018 bear markets.

Neilsh Updated 

BTC moving inside falling wedge. I'll be looking for a strong volume break to the upside to validate this pattern as bullish.

Neilsh Updated 

Divergence on the 1D CCI Price is very low. Looking for volume and a break upwards of resistance.

Neilsh Updated 

BTC 1M chart not showing any signs of divergence on the CCI. Still a way to go yet to get below -100.0000. This could mean that price will fall some more. Thought I'd look at the last bull run from 2013 for any clues for were the present price could possibly be at and were it could be heading.

Neilsh

Sorry Ms. Jackson I drew some more lines.. can't help a fetish for geometry.

Neilsh

Hey everyone, not sure if this Qualifies as a head n shoulders pattern but seems to fit the shapes as far as I can see. Combined with the Tweezer tops that printed on the last Weekly it would seem like we could possibly have a rejection of price of off the upper resistance line.

Neilsh

Here's a few support n resistance lines showing possible BTC paths n dates.