SR618

SR618

Crypto Weekly Update: (Daily Charts) Symbol Total Vol Chg (24H) Chg (7D) 20/50/200 Support Resistance BNB 0.37% -1.94% 15.86% yes/yes/yes $16.00 $27.50 Near all time highs! Strong healthy trend. . . all indicators are suggesting a new high. If long would get nervous only if price closes strong below the $50 ma $15.

SR618

Crypto Weekly Update: (Daily Charts) Symbol Total Vol Chg (24H) Chg (7D) $>20/50/200 SMA Support Resistence ADA 0.22% 2.08% 32.97% yes/yes/yes $0.05 $0.11 Stoch are embedded to upside and vol suggest will at least try to test $.11, and perhaps even go to new time highs!

SR618 Updated 

Crypto is on fire thanks to short positions getting liquidated. Over the previous 6 months nearly every time ETH breaks out on volume there is a move to at least 30%. Price broke the $170 resistance level with ease and decent volume. And to this point in time volume and price action are all very bullish. So I would expect price to get to at least $180 and then...

SR618

Crypto Weekly Update: (Daily Charts) Symbol Total Vol Chg (24H) Chg (7D) $>20/50/200SMA Support Resistence BTC 31.47% 3.63% 26.09% yes/yes/yes $4,200.00 $5,875.00 Cleared 200ma on vol! Until see selling vol and bearish candles momo on long side. Look for flag on 4 hour chart for continuation long.

SR618 Updated 

Today I’m In Korea and on my way back to Seattle. Some people don’t have crypto trading accounts, but my have access to US stock. While there still is no crypto ETF, there is another option - GBTC which is a Bitcoin Trust kind of similar to GLD - gold etf. Like the BTCUSD GBTC is also oscillator is displaying convergence indicating a strong possibility of a...

SR618 Updated 

After consolidating for about a month and bouncing off the 20ma it looks as though BTC is about to breakout. This is a very good trade setup with clear support and resistance and a 2:1 risk/reward. On the down side, volume is still lacking. Support : $3900 Resistance : $4600 (200ma)

SR618 Updated 

LTC bounced off the 20 daily ma with a doji but with no volume. Support: $57.70 Resistance: $70.24 Price greater than 20 50 and 200 ma - bullish Stoch still looking strong AO still looking strong ETH bounced off the 50 daily ma

SR618

Big picture is BTC is still trading range. Volume is tapering and below average. Major Resistance: $4200 (downward trendline) Minor Resistance: $4150 Minor Support: $3950 (200 ma) Major Support: $3760 Shorter term BTC is showing signs of weakness. Upward trendline broken. 20ma broken 50ma broken Stoch still not oversold Big question can BTC hold the...

SR618

BNB been trending in an upward channel with bounces occurring when stochastic become oversold in conjunction with a fib entrancement. Could another bounce be about to occur? Bottom trend line could provide support, however, oscillator divergence and volume spike could suggest that there is more room to go down. Real support is closer to $12.4 - $12.00. At this...

SR618

Leading the recent bull move, LTC looks like i t could be forming a flag. Perhaps it will bounce off the minor support and the 50ma. Also worth noting how price tends to move up every time stochastic become oversold.

SR618

If there is a bullish case for XRP I would like to hear it. Otherwise I cannot see why anybody would waste their time and money in XRP. Especially when it is showing considerable weakness compared to BTC, ETH, and LTC. The other coins are all making healthy bases and double bottoms, but XRP just can't get off the floor and in fact appears to be making a bearish...

SR618

Crypto market have been on a bull run for the last couple days. Binance Coin has been the leader and breaks $2 billion cap. Some would be inclined to short this pop, but beware of the momentum . Buy volume is still growing and showing strength. I would expect a pause in this move to move to at least $18.40 and then $25. Be careful of trying to pick a high. If...

SR618

BTCUSD bounced hard with volume at our levels and now retesting $4000 forming a double bottom. Trading above all the major MA on the 4hr chart. Levels: $4200 resistance $3700 support

SR618

EHUSD 4hr chart shows price drops to $126 level. $126 is a significant level because it touched the 200ma and a consolidation zone. Furthermore, stochastics are oversol Possible setup: Buy under $128 with stop $114 with a first target around $140. Comments and feedback welcomed!

SR618

After the recent announcement of XRP token in Coinbase Pro platform created some whipsaws, XRP is once again falling back down the pre-announcement levels. Bearish Signs: Can’t seem to break upward trend line. Can't seem to hold the 20 or 50 daily moving averages. Price currently, breaking below minor channel lines support. Bullish Signs: None of the price...

SR618

Symbol SCWX setup flag Upcoming Earnings Jan 29, 2019 (EST) Mar 27, 2019 (EST) Horizontal S&R: yes Channel S&R: yes >20 & 50MA S&R: yes >200MA: no Volume confirmation: no Candle Confirmation: yes Stoch Divergence: yes Reg Trendline >85: no Short Float: 28% Entry 22 Stop 18 Price Target 30 Risk / Reward: 1:2 Zacks Rank: 3-Hold 3 Style Scores: F Value | A...

SR618

Besides a very bullish dragonfly doji that can be seen on a 4-hour chart, BTC has been still consolidating in a tight range between $3800-$4000. The dragonfly doji in conjunction with the divergence in stochastics could be part of a bullish double bottom. The double bottom neckline was breached, and quickly rejected off the 50ma on decent volume. Thus i remain...

SR618

Not much to say about ETHUSD because its in a trading range. Price below the 20 and 50ma and above the 200. The pullback after the breakout rally seems weak with really no strong buy volume. The bounce could fail and price go lower. Important levels: 166 resistance 125 support. 131-119 a consolidation / base.