ShiverMeeTimberz

ShiverMeeTimberz

Hey all, here's a fresh new update on BCH for yall. An interesting parallel formation as the resistance and support trends showed a light uptrend that the bears could not break. Everyone was looking at a wall of support for BTC at 8000 which was supported, which helped BCH keep this trend. BCH with a lagging bounce after ETH and BTC, but one is now under way. ...

ShiverMeeTimberz

Hey all, quick educational post on a text book H & S pattern break on ETH on the hourly that just played out. Left shoulder started around 740, the head formation started aroun 6pm last night with a higher right shoulder around 2am this morning. When the right sided neck line broke $740 look what happened, a respectable dump and a new resistance being formed...

ShiverMeeTimberz

Hey guys and gals, Here is a update on LTC weekly equilibrium pattern that is in play, but we are looking at the day timeframe. Why you might ask? Because the daily shows you clues to what the weekly does. We don't ever look at one time frame. But more on that in a minute. The first high was established around the week of 2/19, the first higher low formed...

ShiverMeeTimberz Updated 

Shiv here. All eyes on the closing Ascending triangle.

ShiverMeeTimberz

Hey folks, its your boy Shiv here. Here's something interesting I just found that I wanted to point out. I've been very bearish lately and I expect to see it to be tested again. BTC long upward trend line was just tested yet again. This makes a fourth test of this line, in sorts, which helps strengthen the trend. July 16 '17, Sept 14 '17, Feb 5 '18, and...

ShiverMeeTimberz

Hey guys, It's your boy SMT, welcome to the latest update on LTC. It appears as we are having a equilibrium inside bar formation appear before our eyes. LTC looks to be trading between 214 resistance and 200, psychological support. This trend is confirmed with the decreased volume noted with the red arrow. This is just for your pirate educations, but if I...

ShiverMeeTimberz Updated 

Hey guys, it's SMT here! Something to look out for in the very near future that will influence our projected future is the covergence of two trend lines. The downward trend line set from when BTC hit $20k and our most recent uptrend set from our new and present bottom (for now). This convergence will force BTC's hand into either breakout mode upwards or...

ShiverMeeTimberz Updated 

Hey all, it's your boy SMT, BTC is in a close tug of war between the bears and bulls so I marked out some key points of resistance and supports for ya'll. Resistances, Red lines, and Supports, Green lines, are areas to look out for and possibly make decisions on whether to buy, sell, or set your stop losses below or above. The blue line is the upward trend...

ShiverMeeTimberz

Since Jan 7th BTC has had trouble breaking the 12 period EMA on the daily time frame. Despite the high volume bullish reversal, we are still below this line. Until we break this trend we will continue to be bearish. Look for the MACD cross on the daily as well and a consistent higher highs and higher lows on a multi-day streak for confirmation that this is a...