Nevermorejk

Nevermorejk Updated 

BNB has been a notable exception to the Crypto market recently, rallying against BTC during the bear market. BNB - Because I mentioned it. This is a glorious chart, strong bullish trend long term with long slow corrections between bullish continuations. Love it. Last time we had this kind of bearish divergence on the 6hr RSI for BNB was previous ATH. I...

Nevermorejk Updated 

You are late to the party at the moment, but not too late yet. There is a long term uptrend on ZEN that just had another higher low at our recent bottom. Lower time frames look like we should get a retrace, but have formed bullish trends on multiple indicators. 1hr CMF - just with bullish pattern though still negative, OBV in an obvious bullish trend and has...

Nevermorejk Updated 

TK cross with price action above and already inside the cloud. Strong Buy signal. Look for price to drop no lower than $9045. I have buy orders all the way down to the bottom of the cloud, but now I doubt we will see that low. 8400 is the lowest I would want to see BTC drop if it is to remain bullish. But I am long and adding to my position down to 9k for...

Nevermorejk Updated 

KMD Mid to long term Mixed signals on this one. It looks like someone, or several someones are attempting to drive price down and accumulate this coin. See the strong price drops on weak volume and smaller price pumps on strong volume. So this activity could be throwing some indicators off. Bearish TK cross inside a red cloud is usually and exit signal. So, I...

Nevermorejk Updated 

HSR Short term / Long term This is what a Cup and Handle is supposed to look like. NOTE: A pattern can still invalidate if conditions are not met. And recommended entry on a C&H is the break out of the handle resistance. It is possible to trade the the support touch, but that is a riskier trade. Price action is on support of handle now - see lower time frames....

Nevermorejk Updated 

BTC still in this channel it has been playing with: I am expecting a test of the 6hr kumo and rejection there, or at test of resistance area around 6930-7100. 1hr: 4hr: Some things of note: Weak bullish TK cross under the red Kumo - with price above cross. Price action still inside the 4hr kumo, 3 bullish signals would be the TK cross + price above cross...

Nevermorejk Updated 

Bearish engulfing candle on the daily. Look at the pattern bearish reversal candle followed by a retrace of 1 candle, and then a climb back up. My lowest orders are at 1000 sats. Strong bullish trend with accumulation below 1100 sats, and no big break out yet. Sitting inside a OB. Ichi TK support below. Strong bullish trend on the RSI and CMF. Near the edge of...

Nevermorejk Updated 

I closed my short from the previous post at an average exit of about 6k. We are still in a strong bearish trend, so let me explain why I have started building a long position: Everything on the Daily time frame shows a well defined bearish trend, So keep looking for good opportunities to open short positions, that being said, the current price has a low R:R for a...

Nevermorejk

BTC 1hr chart Short term local bullish Trend Broke. I have a longer term trend line below and the Bullish OB below (green) Looking to see what happens when price action reaches this next support area, or if it breaks through this short term bearish resistance (blue). This area is a good low risk Short opportunity for me, though the bounce off the resistance...

Nevermorejk

Doji close on daily at the top of the ichi cloud, with a potential evening star Doji pattern forming. Potential supports 431, 385, 360 on the daily. A break above the Ichi and close above would be a strong bullish sign and price would likely consolidate above.

Nevermorejk

Bearish and Bullish OBs marked with possible horizontal resistance and likely long term trend resistance. DYOR and trade accordingly. I am Long from the recent bottom and adding to my position on dips and at support. Will close my position if we break support before pushing through the trend resistance above.

Nevermorejk Updated 

Ask a hundred traders whether you should be using Log charts or Linear charts and you will get as many answers. The real answer seems to boil down to - Look at both and find what works. On the lower time frames there is often not a big difference. Log is often considered best for longer-term charting, but that is not an absolute. Badrosha on twitter writes:...

Nevermorejk Updated 

Ask a hundred traders whether you should be using Log charts or Linear charts and you will get as many answers. The real answer seems to boil down to - Look at both and find what works. On the lower time frames there is often not a big difference. Log is often considered best for longer-term charting, but that is not an absolute. @Badrosha on twitter writes:...

Nevermorejk

LTC has made me money many times and It will continue to do so. In 2017 LTC had far better return on investment than BTC and I believe we will see at least a 9x from this level ($120) in 2018-2019. There are plenty of other Altcoins that will do 10x or more, but have a higher Risk/Reward ratio. So it all depends on if you are looking for something you can invest...

Nevermorejk

ETH found a bottom at a long term parallel channel support. I have posted about this channel in the past. I am bullish on ETH as long as that channel holds. When I say I am bullish it means I am buying the dips. Anytime price acting retraces I buy more, or add to my long position. Some important support/resistance zones are marked by blue boxes on this chart....

Nevermorejk

A pattern seems to be grow... developing

Nevermorejk

The major bearish trend is intact. RSI is the only indicator that has broken that trend. I am Long from the support, but keep in mind that the trend is intact and bearish. The secondary trend has been bullish for the past few days yes, but it remains to be seen if this is the start of a true reversal, or just a secondary trend within the major trend. Look at the...

Nevermorejk

The lower support line is the bottom of a long term Parallel channel starting over a year ago. I am bullish on ETH unless that channel is broken. Plenty of bullish signals on ETH right now. Green Ichi twist on the 4hr, TK support below, established bullish trends on the RSI and CMF with Stock resetting. Price action looks to be forming a bull flag too. I am...