Trader-Elisa

Trader-Elisa

Thoroughly overbought, however let's see if it can break trend. No volume to speak of but little resistance other than the 23.6% fib until it reaches 55-60.

Trader-Elisa Updated 

All info on the chart, will try and add shorter time-frame later.

Trader-Elisa

An 8 hour version. Part 1 was the 1 day.

Trader-Elisa Updated 

BTC - scruffy chart update. Square up candle completed (purple dotted horizontal), looking for confirmation of either rising channel (dark blue), or larger broadening wedge (purple solid) . RSI corrected out well at 4 hour but has returned to previous levels on the lower timeframes. Looking for a sideways movement here to allow further room to go up.

Trader-Elisa

BTC - boringly neutral per previous analysis continued for quite a while (I don’t consider the sideways motion and trickle down as worth writing home about!) Tonight, however we have seen a rally, leading to a breakout of the shortest term wedge. However resistance is being experienced currently at the previously broken longterm support line which ran from July...

Trader-Elisa Updated 

Bullish Gartley and some indecision candles being shown in the PRZ, still waiting for an affirmative bounce! More than 50% of the indicators I look at are showing bullish divergence with probably another 25% recording oversold conditions. Price is at a confluence of prior resistance potentially turned support, possible new trendline (green dotted) and the...

Trader-Elisa

ARN - crazy volume on the bounce, and some nice hidden divergence on the RSI preparing for the next run. Watch for some bouncing around the fibs while the correction completes and let's see if this possible new trendline can hold.

Trader-Elisa

A new buying opportunity here as ADX has nearly fallen back to its mid term support at 8000. As we come to the apex of a near term falling wedge, and over a longer period two upper trendline resistances squeezing the price against the support, we are likely to see an upward move in response presuming support holds strong. Divergences are already apparent or are...

Trader-Elisa

BTC - the confluence zone is still holding at horizontal support, 78.6 fib, bullish falling wedge, and upward longterm trend from July 2017. We are pressing right to the apex of the original wedge (which may have been invalidated already) so the next couple of candles will be interesting. Shorter term, we can see a bearish pennant forming - a measured move down...

Trader-Elisa

Currently a whole raft of supports and resistances to be watching on BTC. Looking at the 4hr, we are sitting in a small possible channel or have bounced off a broadening wedge based on a trendline running from the 6.5k bottom (brown line). A possible new downward trend has formed off the prior three highs (purple line). Additionally we have a strong support...

Trader-Elisa

SALT - for the last month this coin has had some really strong volume and price increase, however the recent move by BTC hit SALT hard with the price retracing to the 61.8% fib. The fib coincides with a previous support line and the bounce printed a bullish doji morning star on the 4 hour. In addition we can see bullish rsi divergence and the formation of a...

Trader-Elisa

We’ve come around and underneath the 3 day Ichimoku cloud which has now thinned dramatically throughout the consolidation period - i.e. forms a lesser resistance the next time the price approaches it (exactly as we saw with BTC if you were following my previous analysis there). The Tenkan and Kijun lines have now crossed, and the chikou-span is looking to cross...

Trader-Elisa Updated 

Buy after break of triangle or >25 if more conservative. Targets : 29, 32, 40 and fibs if we have enough volume to go thereafter. Remember your stop loss and that this is currently a symmetrical triangle which could go either way!

Trader-Elisa

High traded volume for DASH at the lower price levels recently between 43k and 50k sats. Price has settled on the 23.6 fib of the big down move (which incidentally coincides with the 61.8 fib of the much longer term up move shown on the bittrex chart). RSI and ADX show the price is still ranging. On the close up we see we are coming to few possible decision...

Trader-Elisa Updated 

HSR - lots of potential for growth from a TA perspective, with an ATH of 10x previously. This does come with the pitfall of plenty of support turned resistance points and other prior resistances to get back through. This coin piqued my interest a couple of months ago because of all the traded volume...not sure if it was manipulation - there were rumours but I...

Trader-Elisa

Not long before hitting the apex of the symmetrical triangle. There is a also a possible descending triangle ( bearish ) in play however the last time the price tried to break it tweezer bottoms pushed us back above. Keep an eye on the RSI breaking the trendline as this can happen as a precursor to a price breakout. Not many other indicators due to there being...

Trader-Elisa

For those that love the cup and handle, waiting for the breakout of this one on TRX. At a fairly strong resistance point but I still think worst case an ascending triangle will develop against that lower trend line.

Trader-Elisa Updated 

4 hour is primed. EMAs, parabolic SAR and MACD at buy signal, ichimoku looking for TK cross. RSI has reset nicely and ADX is in ranging mode. We are at a good POC on the volume profile, and VWAP is positioned correctly. The volume, money flow and oscillators aren’t doing anything they shouldn’t (nor showing much divergence in either direction) I.e. aligned with...