Meeting resistance. I think we test the lower levels at $5300~ first. If support at $5300 breaks, I would argue $4150~ which would give us a chance to fill the gap below. (small but note worthy!) Breaking $8450 would null this chart and we might look to aim for $9000 - $10,300 before the bulls run out of steam. I am in a short from $8120. Cheers, stay safe out there.
Key Notes! MA's & EMA's: - Weekly 356 Day Moving Average = $220.50 - Weekly 300 Day Moving Average = $252.50 - Weekly 300 Exponential Moving Average = $234.50 * DASHED: - 3 Month Breakout Candle 50% level = $249.18 - 3 Month Candle (BULL STANCE) 50% level = $228.73 - 3 Month (If shit hits the fan) 50% of (January 2014 important candle) = $200.84 - Strongest...
Enjin price action scenarios.
Accumulation? Or Distribution? Let's find out!
$BTC Fractal Study (updated & edited) --- I wanted to post this without context so you took the time to study it. BUT. I added a parabola that if broken = price drop of 5% bringing price to; $3640. If the fractal repeats twice like before; it would complete the cycle; $3510. Neat. --- I actually found a problem with the right parabola, the two long wicks...
Hello everyone! UPDATED version of this fractal. (Deep study late at night...) - Each Trend - Ray - Level Color coordinated & the duplicates are fractals. If Bitcoin breaks and closes above this bias would lose strength and the fractal likely not play out. That would be bullish nonetheless. Watching for the squeeze and shakeout. Still questionable territory!
Hello everyone! (Deep study late at night...) - Each Trend - Ray - Level Color coordinated & the duplicates are fractals. If Bitcoin breaks and closes above this bias would lose strength and the fractal likely not play out. That would be bullish nonetheless. Watching for the squeeze and shakeout. Still questionable territory!
... pending how talks with Trump and Xi go ... as well as other variables... Cheers!
What I am watching and targeting if this is a double top. Blue = Targets. Red = Stop Loss. My other charts show a gap that is about 22% below where we are at currently. Keep that in your thoughts if we test these support levels. Stay safe friends :)
Posting for a friend. I believe the S&P to struggle this week, nearing resistance and a key level. Unlikely to find a lot of buyers resulting in a sharp price drop, but to where? when? Markets seem to become more and more predictable, is that me, or is that society catching up to the basics that is 'trading' - the analysis of the flow of money, it's . . ....
After watching the price action of Bitcoin the past few days I wanted to publish what I am watching, what I see. :) --- This is the general setup I am watching play out. --- Diving into the analysis; After the failed attempt at a second higher high and seeing a fierce rejection at $4100 (the wick during the morning of January 8th.) there was a massive...
Watching these two key resistance levels. Horizontals based on 3-Day closes + history. Let's see if the bulls can break through the 4250 resistance and make it up to the next zone. + Shorts are underwater right now! Will be posting a more detailed version of this scenario if/when a break of 4250 occurs. Cheers! Happy holidays! (DONT WORK TOO HARD! :P)
Marked above are areas of resistance. Below, is support. This chart is to show the overall price action of Icon as $BTC is finding a very nice bullish bounce of the bottom, taking out 10 days worth of price action. (temporary or not). I 'never' update my charts or treat Trading View as an outlet to share charts, normally I do that on Twitter. I am making some...