The_Cannalyst

The_Cannalyst Updated 

If u have a look at my chart, you can see two clear trading marks at present. resistance Levels : 9,17 / 9,50 (main resist) / 0,5 and max fibos /11.20 Support levels: 8,36-8,6 (ema and former lows) / 7,75(last significant low) / 6,59

The_Cannalyst Updated 

Former thread: EMA 200 = Buying trigger or Selling trigger?

The_Cannalyst Updated 

Classical Break-Out Szenario...

The_Cannalyst Updated 

We are kissing the ema at this moment, the RSI is signalizing a possible buying wave soon. BTCUSD should not fall below 3.777$ (min fibo 38,2)- this could initiate a selling wave down to 3.000$ (max fibo) Trading above 4.450 should initiate the next buying wave up to TP1= 4.995 & TP2= 5.600$

The_Cannalyst Updated 

This is exponetial, this is CRAZY! There are no selling signes, but the RSI is mega overbought and we are trading again out of the BB`s....tha`t seems not healthy to me, so let`s fight the trend ? ;-)

The_Cannalyst Updated 

Breaking 172,5 should initiate a buyingwave up to 175,6. Trading above this biveau sould initiate a dynamic breakout-move. Trading below 164,6 is bearish

The_Cannalyst Updated 

We are kissing the Support Level right now...trading below that Level is bearish, a trendbreak could follow...trading above that Level is strict bullish former view: Hammer Candle initiated buying wave The RSI made a selling Signal! Ready for Breakout?

The_Cannalyst Updated 

Is this a nice short Chance near the 61,8 fibo-retracement? The rsi made a selling signal Only trading above 12070 will brighten the Chart and perhaps turn him bullish again - 12350 is the possible mid/longterm-buytrigger (trading above the illustrated right shoulder) daily view:

The_Cannalyst Updated 

Breakout Through 21,2 should initiate a dynamic upwave. First tp could be the top at 22.65 Longterm Chart:

The_Cannalyst Updated 

Trading below yesterdays low could initiate a sellingwave down to the ema 200....trading above the potential right shopulder will brighten the Chart and turn him bullish again

The_Cannalyst Updated 

BreakOut time again? It seems so, but have a look at the RSI, he says:no, not yet :-) long-Szenario: short Scalp:

The_Cannalyst Updated 

Classical 1-2-3 --who will make the game? Which position do you prefer dear followers? 1-2-3 ..for further information feel free to read my comments of this thread:

The_Cannalyst Updated 

11.940/ 11. 850 are the Levels to watch. Breaking these Levels means aiming 11.200! Trading above the potential right shoulder will brighten the Chart and turn him bullish again.

The_Cannalyst Updated 

The exspected consolidation stopped near by the min fibo correction Level (tp1 former view) and a big bullish hammer candle was formed. Such a candle is a signal that the momentum is still strong bullish and the buying pressure is still given. The Level to watch is now: 4500$ Breaking that Level should initiate a new buying wave up to 4.800 respective 6.000$!...

The_Cannalyst Updated 

We are trading in the "Long-area" (for further information feel free to have a look at my former longterm view) Is this the bottom? The uptrend since April 2017 is still full in tact, so let`s make a new high :-)

The_Cannalyst Updated 

We are trading near a potential support level, the 38,2 fibo and the EMA 200...something will happen here :-) It`s a nice 1-2-3 game btw former thread: PS: I don`t like these kind of counetrtrades (buying a supportlevel) , i prefer to catch the breakout when "breaking the "2" like shown in my former view

The_Cannalyst Updated 

INSY has reached it`s Pivot Support Zone @ 8,75$. Trading below that level could initiate a sharp sellingwave. In my opinion are here based several strategical and tactical stop loss orders which could acellerate the downmove. -The anticyclical risk Lover could buy this actual Level, this anticyclical Long has a very nice Chance-risk Ratio. I don`t trade such...

The_Cannalyst Updated 

At present there are no signals to short btc. Ok, the BB`s are streessed out, but the rsi is not bearish yet. But isn`t a short (SL=ATH) a nice try? I don`t like countertrades, i won`t trade it. But you risk lovers could use this view perhaps :-) the chance-risk-ratio is ok, a thinkable first tp could be the 38,2 fibo @ 3500$, the more favourite dip could be the...