TradingNomadic

TradingNomadic Updated 

Real nice divergence here on the 3D chart on BOTH the RSI and MACD. ADX indicates the bear trend is fading, and volatility is just about reset. An expansion into a bull trend could bring a fierce move to the upside here. MACD signal has crossed as well and the RSI shows us that momentum has come back as the Fast RSI cloud has taken off while the regular RSI...

TradingNomadic

Holding this level here on XRP is crucial. Youll notice this resistance was never tested as support after it was broken. These levels ALWAYS get revisted, and we finally did. if you follow the different supply zones, there is potential for nearly 100% upside to the next major level. Currently trying to break upward. Fading ADX bear trend with volatility set...

TradingNomadic

Real nice bullish gartley here on the 4hr/6hr with bullish divergence and 3 bullish japanese candle stick patterns between the 2 time frames (pin bar / engulfing 6hr, rising 3 methods on the 4hr) ADX indicates that the bear trend is fading while volatility contracts. Momentum slowing down a little bit but still bullish as we backtest the .236 for support,...

TradingNomadic

Been following USDT.D here on the daily for a while now, and since the double top we have bearishly engulfed and pulled back substantially. We have a couple targets here confluent with a couple zones we never got a check back on after breaking resistance. RSI still under trend and the ADX is indicating a fading bull trend while volatility is contracting. It...

TradingNomadic

2 higher lows so far off our Bullish Cypher, giving argument to a 3 rising valleys pattern / ascending triangle. We still have that 24k target for the Bearish Butterfly extension which is confluent with the 1.618 extension of the first impulse up from the lows. A common retrace here between the .382 and .618 is also confluent with this level and the .618 is...

TradingNomadic

Yet another perspective here. There is a couple of these on the lower time frames, as well as across the market. Looks like its taking shape of adam eve, double bottom . Real distinct impulse down, ABC up, and a rounding bottom reaccumulation. This is also similar to a well known Wyckoff accumulation schematic. Back above the inflection zone there with a nice...

TradingNomadic

A litle cluttered here but i tried to cram as much as i could into this chart data wise, and also to give possible targets if we do in fact bottom here even for a corrective move like this. Just an idea, if we do bottom here we have a lot of room to correct bullishly without really putting the overall trend in jeopardy. I think we can stay under the yellow...

TradingNomadic Updated 

SOL testing the inflection zone here again. Looks like its shaping up a nice ABC move up with consecutive higher lows. 42 and 47 would be the first targets here i would think if we break this level, and 53 being an extension of the first wave up from the lows. Rising volume, OBV is bullish, ADX is bullish, and volatility is expanding on this time frame. The RSI...

TradingNomadic

Still looking for some more confirmation here, but im really leaning toward this being the hard level we bottom at, at least on higher time frames. Maybe we get another swipe at the lows to really pull away from the range but i still want to reiterate that we cannot breach 13,800 without doing terrible technical damage. I think 16500 and 15000 were extreme level...

TradingNomadic

Another common pattern across the market right now, these nice double bottom / dragon structures. Probably looking for the 1.272 extension here eventually using the structure and relationships from the Bearish butterfly, and the 1.272 / .786

TradingNomadic

See this across the board on a lot of these assets. Wyckoff accumulation schematic 2. RSI has reached the bullish control zone here, momentum is picking up and volatility is expanding with a bullish directional index. Real nice divergence on the LPS, with the ideal money flow curvature. OBV has crossed bullish as well. The composite man may be back in town...

TradingNomadic

I like how we are at an 88.6% retracement on GBTC, while BOTH are backtesting old resistance as support (so far) Bitcoin is here once again testing the 200 week moving average, and just below it now, which is not abnormal in past instances. These variables have been consistance long term buy signals over and over again throughout history. I am not calling...

TradingNomadic

We've been going over an idea on twitter about possibly forming an inverse head and shoulders here, but with volatility expanding from the lows in a bearish trend on the 1HR, i think its more likely we get a retracement to the .786 to complete the Cypher or give us an extension to the .886-1.13 with a spring reversal. Worth mentioning the bearish trend on the...

TradingNomadic

Bullish divergence here on the 1.13 rejection giving us the second low that make up the "Feet". The 1.13 rejection also gives us incite into possible retracement levels, as it could imply we will form the CD wave of the Bearish Shark next, giving us a .886 return. The .382 would be your "Hump" and ultimately the door that takes you to the .886-1.13 extension

TradingNomadic

Bullish divergence forming here at the .786 of the Bullish Gartley at a critical zone for GBTC. No real volume signature to confirm just yet, but volatility is expanding with the ADX signal moving upward in a weakening bear trend. STOCH rsi crossing over as well. Ive been watching a lot of the BTC sympathy stocks and many are painting a similar picture here.

TradingNomadic

Posted this one the other day, but wanted to follow up. Clear impulsive wave down with a 1.13 Bullish shark to reverse momentum. Reaction and confirmation low, with clear accumulation and a bullish engulfing candle on the 4HR here. ADX & OBV bullishly diverging Expanding volatility with a clear upside direction. RSI nearing the control zone with the money...

TradingNomadic

XLM giving us the confirmation low of the larger Bullish Shark here with a 1.13 rejection at the PCZ. The smaller Gartley reached the .886 and engulfed nicely as most time scales are diverging bullishly. The whole market looks primed for much, much higher prices after Powell spoke today DXY is topping out and beginning distribution which is confluent with the...

TradingNomadic

Pair of lower highs here and a double top after a nice run up to the 1.272 on the Bullish dragon breakout! (Inverted of course) The idea here is Bitcoin (Inverted) does not look like an asset id be going long on, infact, it looks like a great asset to short. This is a nice exercise to do when evaluating your bias. I wouldnt be surprised to get another go at...