The_Alchemist_Trader_

The_Alchemist_Trader_

Hello Traders, Today’s chart will be an update on Bitcoins immediate term, which is quite bullish as we have a double bullish divergence and a recent double bottom. There are key levels to watch for a potential trade set up… Points to consider, - Clear double bullish divergence - Double bottom (Considering Wick) - Local resistance at $8480 mark - Structural...

The_Alchemist_Trader_

Hello Traders! Welcome back to yet another update, todays chart update will be on LTCUSD, testing its 4 hour uptrend and daily support, a bounce here into local resistance may be probable. Points to consider - Trend bullish, consecutive higher lows - Bounce of major daily support - Local resistance is at .618 Fibonacci - EMA’s turning bullish - VPVR quite...

The_Alchemist_Trader_

Hello Traders! Hope you all had a great weekend, Update on BTC recent developments on the daily chart , at a very critical point, trading below the 200 Moving Average, we need it to break and stay above this level to keep a bullish bias. Points to consider, - Daily trend bearish - Price testing structural resistance - Price below key moving average -...

The_Alchemist_Trader_

Hello Traders! Today’s analysis will be on Bitcoin’s recent developments, Bullish Divergence and CME futures gap filled, could a bounce be more probable from current rage? There are a few technical indicators that point towards a market bounce Points to consider, - Clear bullish divergence on hourly timeframe - Major resistance at .236 Fibonacci level - Major...

The_Alchemist_Trader_

Hello Traders, Welcome back, today’s update will be on ETHUSDT , an epic short from previous technical analysis!, will ETH continue or rebound back, IMO I think we’ve still got further downside potential… Points to consider - Respect of the .236 Fibonacci Level, in confluence with daily support - RSI grinding on its resistance - Local resistance at .50 Fibonacci...

The_Alchemist_Trader_

Hello Traders! BTC breakout came to fruition, major structural support broken, hope you all profited from this long awaited breakout! What Now? Points to consider, - Key structural support broken, now resistance - Price testing lower support, in confluence with .50 Fibonacci Level - Important CME gap filled - $8490 - $9053 - Volume climax - RSI severely...

The_Alchemist_Trader_

Hello Traders! Another update today, this time it’s AUDUSD pairing, possible triple bottom? Points to consider, - Major resistance at 0.688 - Price retraced back to .618 Fibonacci level - Stochastics showing upwards momentum - RSI broke out of its apex - EMA’s projected to turn bullish - Bull Volume has been increasing The AUDUSD pairings has had a major sell...

The_Alchemist_Trader_

Hello Traders, Today’s update will be on XRPBTC from previous technical analysis, the retrace happened, what next? Points to consider - Price retraced and tested new support (R/S – flip retest) - Price respected .618 Fibonacci Level - Local resistance is .382 Fibonacci Level - EMA’s giving price resistance - RSI respecting trend line - Volume Declining...

The_Alchemist_Trader_

Hello Traders! Today’s chart update will be on ICXBTC pairings, Potential Ascending Triangle, Points to consider, - Trend currently bullish on 240 timeframe - New Higher Low potentially in place - Structural resistance in confluence with .382 Fibonacci Level - Stochastics showing upwards momentum - RSI bouncing of local support - Volume extremely low - EMA’s...

The_Alchemist_Trader_

Hello Traders, Hope your enjoying your Sunday! Today’s chart will be an update on ETHUSDT paring, potential bearish divergence or a continuation? Points to consider - Current parabola trend - Consecutive Higher Lows in place - Respected resistance - Testing local support (Potential New Higher Low) - RSI coming into apex - Stochastics in lower levels...

The_Alchemist_Trader_

Hello Traders! Welcome to another update, Today’s chart will be on ADABTC pairings, potential trade setup Points to consider - Trend recently putting in higher lows - Price tested major resistance - .618 Fibonacci Level - RSI testing upwards trend line - Stochs showing upwards momentum - EMA’s giving price support - Volume increasing, above average...

The_Alchemist_Trader_

Hello Traders! Late but an update on Bitcoin! Times ticking break outs coming… Points to consider - Trend is technically putting in higher lows - Bull impulses getting smaller, Breakout Imminent - Volume rapidly declining - RSI neutral - Stochastics neutral - EMA’s neutral - Still no trade till breakout Bitcoin really is on the verge of a breakout as all...

The_Alchemist_Trader_

Hello Traders! Today’s update will be on XRPBTC coming out of a nice strong breakout with convincing volume! Points to consider, - Strong resistance broken - Volume climax - Support at .382 Fibonacci (S/R Flip) - Stoch’s showing downwards momentum - RSI testing structural support, needs to return to neutral territory - EMA’s yet to meet price XRP has broken...

The_Alchemist_Trader_

Hello Traders!, Another chart today worth having a look, LTCBTC Inverse head and shoulders break! Points to consider, - Trend coming out of bear market - Broke resistance and neckline - Increasing bull volume - RSI in overbought territory - Stochs in upper region - EMA’s holding price support - Perfect respect of the 1.414 Fibonacci extension Litecoin...

The_Alchemist_Trader_

Hello Traders, Welcome back to another update, this time on BTC, The Calm Before The Storm! Bitcoin has been trading within a very tight range coming into its apex within the macro descending triangle formation. Usually this is a bearish formation, however coming from a very strong impulse move up, we can literally break either direction… Points to consider...

The_Alchemist_Trader_

Hello Traders! Welcome back to yet another chart, Today’s chart will be on ETHUSD’s recent developments Points to consider - Potential daily lower high in place - EMA’s turning bullish - Price broke through resistance , .618 Fibonacci Retracement - RSI broke its resistance - Stochs in upper region - Bull Volume increasing ETHUSD has had an impressive...

The_Alchemist_Trader_

Hello Traders! New Week Monday Today’s chart will be a bit different, we will have a look at the longer term projection of BTC, remember this is pure speculation, no certainty… Points to consider, - Parabolic rise that retraced and held support - RSI held above 60 in the bull market - Stochastics traded above 70 in the bull market - EMA’s held price as...

The_Alchemist_Trader_

Hello Traders, Another chart worth having a look – Telstra Corporation Limited ASX Points to consider - Monthly double bottom - EMA’s turning bullish - Broke resistance, turned potential support - Stochs testing upwards region - RSI Testing upper level resistance TELSTRA is looking quite similar to previous price action before a 92% rise in value! We...