Whitmans_Ghost

Whitmans_Ghost

Average buy at $0.15 Will cut with clean break below $0.13

Whitmans_Ghost

Bounces are for shorting until proven otherwise. From what I can see, momentum is shifting to the downside.

Whitmans_Ghost

Similar market structure...$ARPA should follow.

Whitmans_Ghost

Noticed $UNI made a rounded bottom on the 4hr. Possibly a handle forming now. ~28% from top of cup to bottom of cup = ~28% move to the upside. Target is $6.67

Whitmans_Ghost

LINK 1W - Cut through the panic on CT and zoom out. What do I see? I see support at the orange box after a 50% retracement from all ATHs. Is this not normal PA in crypto? Large moves up = large moves down. The fact it bounced where it has means it is not time to panic dump. If it falls through I will reassess at the pink line ($9.15). For now I will monitor the 1W.

Whitmans_Ghost

I would like to see support @ 10578 for the weekly close. This would give me confidence in the whole market as BTC makes a higher low.

Whitmans_Ghost

Comments in the boxes.

Whitmans_Ghost

8.22.19 ICX It appears the bottom is in after 3rd attempt held as support. Both the 1W/1D have similar S/R ; a few cents difference Using the daily because it has more data for the EMAs. Would like to see the red box area turn support. Would also like to see the 20 EMA act as support. Sellers were exhausted. Let’s see if Buyers can step in for Higher High. Not...

Whitmans_Ghost Updated 

Compared to the previous two sell offs/buy backs were abrupt, this downtrend/uptrend has been more gradual and range bound; accumulation. For now, support at blue box has turned resistance. Waiting for S/R flip.

Whitmans_Ghost Updated 

Double top? 66% do not close below confirmation point From Thomas Bulkowski’s “Encyclopedia of Chart Patterns”: Guidelines for properly identifying a Double Top: Upward Price Trend ~10% decline b/w 2 tops ~3% or less b/w tops (1.56% difference) A month or more b/w tops is preferred (14 days for $BTC) Volume higher on first top Price must close below confirmation...

Whitmans_Ghost

Looking at the 4HR, $ATOMs uptrend appears to be weakening with decreasing volume and downward trending RSI. However, looking at the 1D it is clear we are still in a very strong uptrend...even the 1HR shows healthy price action. This is an important reminder to zoom out for the big picture/zoom in to see a micro-perspective. Watching to see if $ATOM test the...

Whitmans_Ghost

$ETH has been trending up in the channel for some time now. With a northern breakout and a close above the channel, $ETH can possibly find new resistance at $250...which acted as support during the previous run to ATHs. Of course things could run south quickly...depending on what big poppa $BTC has to say. Still in a long since $159.

Whitmans_Ghost

$ONT is a fun one...when it rips it does so with gusto. Wish I was in a position since watching it at the $0.50 level.

Whitmans_Ghost Updated 

Not the quick flip I was hoping for like last weekends wave of Alts popping. Still above in the black though. Debating on exiting to get into smarter positions. Thoughts?

Whitmans_Ghost

Waiting for another daily close to confirm resistance has turned support.

Whitmans_Ghost

BINANCE:ONTUSD is behaving nicely in the ascending triangle pattern. I have no position...watching to see if S/R flips...or another touch at the bottom of the triangle. If BINANCE:ONTUSD does not break through here I will place a buy order at the bottom of the triangle (black line around the $1 level).

Whitmans_Ghost Updated 

I bought into resistance here. Only because Alts have been popping lately and $POE may as well. I also bought it based off a lesson I learned earlier today...I lost about 1/2% of an investment because I was riding high on my first substantial swing trade. I bought in here with anticipation others may do the same on $POE. Dunno. Plenty of upside. High risk/high...

Whitmans_Ghost Updated 

If this isn't an ascending triangle I guess I'm seeing rhomboids. Another retest of the bottom support of the triangle before the upside green target? Or straight through? In at the dotted line...