TradingThroughTheLens

TradingThroughTheLens

VeChain is still within its massive Symmetrical Triangle on this 1d timeframe. Note that VET is still ABOVE its Longterm Upwards trend-line. Note that VET is back ABOVE its Least Squares Moving Average (LSMA) on this 1d timeframe. VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Lower Band is moving upwards indicating...

TradingThroughTheLens

ADA is still in a Descending Triangle on the Daily Chart. Note that a descending triangle is a bearish pattern. ADA needs to break back above the descending trend-line for renewed upwards momentum. ADA is fighing to stay above its Bollinger Bands Middle Band Basis 20 Period SMA. ADA is back above its Least Squares Moving Average (LSMA) for this 1d timeframe. A...

TradingThroughTheLens

The big question is..... will history repeat itself for a 3rd time? If we look at the BTC Daily Chart, at the moment, it looks like BTC is in a massive Descending Triangle, its apex is around October - Dec 2022. For those that don’t know, a Descending Triangle is a Bearish Chart Pattern. BTC needs to CLOSE back ABOVE its Descending Trend-line! If BTC cannot...

TradingThroughTheLens

Let’s have a look at the weekly chart for the most criminally undervalued crypto EVER. A Blockchain that is actually being USED by some of the words top companies and has a client base that would make any corporate jealous & salivate with envy. It HAS and IS everything every other Blockchain wishes it was. Worthy of note it that the behemoth PwC is an actual...

TradingThroughTheLens

ADA is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that we have had expansion of the Lower Bollinger Band. ADA is below its Least Squares Moving Average (LSMA) fo this 1D timeframe. Note that ADA has also found some resistance at this level. ADA is still ranging sideways within a support/resistance area. Using the 20,60,120,30 settings...

TradingThroughTheLens Updated 

BTC - let’s have a look at the 1 week chart for a change: Note that BTC is still above its 50MA for this 1W timeframe. BTC is still above its Bollinger Bands Middle Band Basis 20 Period SMA on this 1W timeframe. Note that the Upper and Lower Bollinger Bands are looking very close to expanding, at the moment, if they do expand, this would be expansion for the...

TradingThroughTheLens

VeChain 4hr Chart Update As usual with the massive Longs Liquidation yesterday, our beloved VeChain got hit with one of the worst drops compared to other assets, basically erasing all the gains from 31st August. More on this later. VET is still within its upwards Pitchfork Pattern (A,B,C), it actually dropped all the way to its lower blue support line and...

TradingThroughTheLens Updated 

BTC Update: BTC has finally made it above its major resistance area and turned that level into support. BTC is back below its Pitchfork (A,B,C) Median Line. BTC is still above its Bollinger Bands Middle Band Basis 20 Period SMA. Note that Volatility is actually still low on this 1D timeframe because we do not yet have expansion of the Upper and lower Bollinger...

TradingThroughTheLens Updated 

BTC Update: BTC is still safely above its 50MA and its 200MA. Note that the 50MA is pointing upwards and the 200MA is pointing sideways. If the support levels hold strong and if and when BTC is able to push above the Upper Resistance Zone and the Pitchfork Median Line then........ we will witness a GOLDEN CROSS on this 1D timeframe. BTC is back above its...

TradingThroughTheLens Updated 

Very quick VET 6hr chart update VET has broken UPWARDS from its Triangle Pattern. A successful 6hr candle close above the descending trend-line is crucial. A successful retest of the descending trend line as support will also be another great positive sign. With the Long Horizontal Support Area, VET was also in a potential Descending Triangle, so it's a really...

TradingThroughTheLens

Quick VTHO 1D chart update: VTHO is still in the Equilibrium Zone of the Ichimoku Cloud for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating the mid-point of the short-term momentum is slightly upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid-point of the mid-term momentum is sideways. The Ichimoku...

TradingThroughTheLens Updated 

Lets have a look at the BTC 1D chart using the Ichimoku Cloud with the 20,60,120,30 settings and a few other indicators and squiggly lines: BTC is in the Bullish Zone of the Ichimoku Cloud for this 1D timeframe. BTC has closed 4 daily candles within the Bullish Zone for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the...

TradingThroughTheLens Updated 

Very quick and dirty ADA 1hr chart update: On the 1hr chart, ADA is in a potential Falling Wedge Pattern. A Falling Wedge Pattern in an uptrend is a potential Bullish Continuation Pattern. Obviously this is all dependant on what BTC does tonight. ADA has found some resistance at its Bollinger Bands Middle Band Basis 20 Period SMA on this 1hr timeframe. Note that...

TradingThroughTheLens

ADA 1D chart update using the Ichimoku Cloud 20,60,120,30 settings: The Ichimoku Cloud Lagging Span (Tenkan Sen) is indicating that the mid point of the short-term momentum is upwards. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid point of the mid-term momentum is sideways. The Ichmoku Cloud Lagging Span (Chikou Span) is indicating that...

TradingThroughTheLens

VTHO 1D chart update using the Ichimoku Cloud with the 20,60,120,30 settings: Note that VTHO is in the Ichimoku Cloud Equilibrium Zone for this 1D timeframe. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid point of the short-term momentum is sideways. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid point of the...

TradingThroughTheLens

VeChain 1D chart update using the 20,60,120,30 Ichimoku Cloud Settings: The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid point of the short-term momentum is sideways. The Ichimoku Cloud Base Line (Kijun Sen) is indicating that the mid point of the mid-term momentum is sideways. The Ichimoku Cloud Lagging Span (Chikou Span) is...

TradingThroughTheLens

If we ignore the peaks and the troths in between, then from March 2020 to May 2021 ADA did about a 14400% move up from its bottom of around $0.017 to its previous top of around $2.5. If ADA does another roughly 14400% move up from this level now of $2.5, that would take ADA up to well over $305! ;-). Now, I’m not predicting or preaching that this is going to...

TradingThroughTheLens

BTC is still above its upwards Pitchfork Median Line (A,B,C) on this 1D timeframe. BTC is still above its Bollinger Bands Middle Band Basis 20 Period SMA on this 1D timeframe. Note that the 50EMA (Yellow Line) has finally crossed back above the 200EMA (Red Line) on this 1D timeframe. BTC has found some resistance at its Least Squares Moving Average level (LSMA)...