TheMentalTrader

TheMentalTrader

not a financial advice

TheMentalTrader

#ETCBTC $ETC beautiful set up for a 17% GAIN Stock BULLISH RSI Bullish PRICE ACTION BULLISH 2.5 RR Trade at your own risk! Not a financial advice

TheMentalTrader

hello again and welcome, feel free to view my chart above to understand my view of the market and feel free to comment your opinion below my analysis must not considered a financial advice, I am not a financial adviser! have a good weekend

TheMentalTrader Updated 

hey guys what is up??? hope you're having a fantastic day please feel free to go through my analysis above it is very easy to understand and I am sure it makes perfect sense. that is my bearish scenario and for the bullish scenario please go feel free to read my previous post. let me know if you have any questions also feel free to share your opinion based on...

TheMentalTrader

hello everyone and welcome to another analysis on #bitcoin $BTC BTCUSD as you can see on the chart above bitcoin is on an ascending channel on the 4 hour time frame and that is a BULLISH pattern which could take us all the way up to $11000 if BTC breaks the upper resistance at $10150 also we have an RSI and MACD histogram bullish divergence on a 4H time frame....

TheMentalTrader Updated 

hello again and welcome back for another technical analysis on EOS Lower time frames. if EOS closes below $4.48 on a 1 hour candle, I will be looking for continuation to 4.32 and if the current level of support holds my target to the upside is $4.82 Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when...

TheMentalTrader

hello again. another new analysis not the EOSUSDT chart and things looks bullish on lower time frames which could drive the higher time frames to continue the uptrend. as you can see on the chart. EOS is has completely formed a Dimond pattern which is bullish and it is a reversal pattern. now lets wait and see. I am currently in a long position and I target the...

TheMentalTrader

hello again, this is my read to the 4 hour chart as you can see we are upwards trending on a paralleled channel which is a bearish pattern and usually breaks to the Downside. Definitely something to keep in mind! please let me know what you guys think about my analysis! and feel free to comment your opinion in the comments below. I am not a financial adviser and...

TheMentalTrader

hello everyone and welcome back! Just following up on my Litecoin LTC analysis and the picture still looks the same and the probability of LTCUSD going down is still higher than it going up. please take your time to look at my chart and let me know what you think about my analysis and also feel free to share your point of view in the comments below. CHEERS! my...

TheMentalTrader

hello again, just following on my LITECOIN LTCUSD analysis and here is my recent update. everything is clear on my chart, if there is any confusion feel free to comment below! let me know if you guys agree with my analysis or not! Cheers Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to...

TheMentalTrader

hello guys. as you can see Litecoin is on its last wave up Endig 5th wave diagonal! RSI SHOWS extreme exhaustion on price action by developing a there drive Mega bearish divergence which is likely to play out in the coming days to weeks! so this is a moment to be cautious on the market is anything can happen. at any moment and you need to be prepared. cheers

TheMentalTrader

hey guys. in my analysis I used Elliot wave theory, chart patters, candle stick analysis and also fibo levels to get a general idea of where the market may go In the coming few days, weeks! according to my analysis it is very likely to see a correction and then we will have to do a deep dive into the charts to see what they are telling us!! what do you guys...

TheMentalTrader

bitcoin just got rejected from the 200 simple moving average, and the 0.618 Fibonacci level " golden ratio " PLUS hidden bearish divergence on the RSI for me all those signs suggest that this dead cat bounce rally has came to its END!!! thanks for going through my analysis!! not a financial advice I am not a financial adviser.

TheMentalTrader

hello everyone, glad to have you here today! so according to fib extensions $27000 is the next relevant target for bitcoin, we recently successfully bounced off of the 0.618 fib level and if we hold that level I believe $27K is the next on the cards as a first target for the next bull cycle! also according to Elliot wave theory there is a very high probability...

TheMentalTrader

hello guys, please take a look at the chart where I mention the 5 reason for QTUMUSD bottoming out. thank you and see you in my next Analysis!

TheMentalTrader

HEY HEY traders/analysts, hope you're having a fantastic day, in todays analysis I decided to talk about the bearish scenario coz since we are all bullish, its important to keep it in mind in order not to get WRECT.. if btc succeeded to form a horizontal triangle and breaks to the downside, its very likely to go towards the 7200-6800 area which comes in confluence...

TheMentalTrader

hey guys, in this analysis I'm bringing you litecoin `s bearish scenario just to keep it in mind since 95% of the analysts out there are screaming " moon moon moon " Since I'm too lazy lol I decided to explain everything on the chart. please take your time to understand my point, thanks in ADVANCE. Nothing I'm sharing over here is a financial advice.. its all...

TheMentalTrader

55 EMA crossing 200 SMA on the DAILY time frame what we are seeing is a charge in behavior and LTCUSD is probably going down to previous lows ( 30-42 ) IF the following happens : 55 EMA cross 200 SMA followed by the death cross ( 50 EMA crossing 200 EMA ) I know its too early to take this scenario into consideration but its important to keep this in mind and I...