YEHOK

YEHOK Updated 

With BTC reaching the area of resistance it should get pushed down from, LTC is itself is holding over a support with lack of positive momentum. The candle developing on the 1H chart will be a signal for us. We really don’t want to see a shooting star/gravestone . Bearish divergences and a rising wedge/channel. Not what we want for continued movement up. A break...

YEHOK Updated 

If you have been following from prior posts , in the last update I mentioned a descending broadening wedge break out to the second area to back test the rising line. It is expected that sell pressure is waiting here and ready for lower price levels. If a break above this line occurs and holds with increasing volume and candle spread we could see the channel...

YEHOK Updated 

Seems too good to be true. Will this play out as expected? 4H Divergence with MACD however not with RSI. The 0.618 is the breakout target.

YEHOK

Is it possible for the US dollar to lose 40% valuation in just a few years? This chart has shown it in a down trend happening since 1985! There was a near 40% drop in a 6 year period, from 2002 - 2008. The last 10 years have recovered up 61.8% of the way and could possibly be ready to continue down.

YEHOK Updated 

Good morning all. Price is now trading under the rising support line and has already back tested it with failure on the 1H chart. We should expect a continuation down but perhaps not before back testing the line one more time on higher timeframes. The 4H chart is just now showing negative momentum on the MACD. A reversal now above the support turned resistance...

YEHOK Updated 

Will the support here hold and get us over $73?

YEHOK Updated 

A different approach at the recent development in the structure we are watching. Price has temporarily been held up at $10,300 level. We could be developing the handle to a cup! Upper target of that would bring price back to $10,700 or above.

YEHOK Updated 

Xrp has fallen 4 times now with less negative momentum each time on the 1H chart. The descending triangle on RSI turned out to be a reversal rather than a continuation. We continue to track price until it hits the down sloping resistance with an expectation of breaking it to the $0.27 target.

YEHOK Updated 

Currently having converging higher highs and higher lows on price-rising wedge. We had a rising wedge measured move lead into what could possibly now be a falling wedge on the smaller time frame. Upward target could be the upper line but $10,400 is the resistance. This pattern is most likely to have an ultimate conclusion of a break down to around $10,150.

YEHOK Updated 

Ltc seems to be flagging over $70 which is good news for continuation upwards. The only issue now is that short positions have gone down. The long/short metric has been known to act as a leading indicator for counter measure. If the majority are doing one thing, we should look to do the other. With that being said, since the short positions have dropped off...

YEHOK Updated 

Possible rising triangle for ETH on the 15 minute chart.192 is the upper target.

YEHOK Updated 

On the 15 minute chart XRP teleported above the 0.618! A gap left behind resembles that of a solid bar when looking at the 4H chart. Currently we move in a flag formation with the 0.886 as the ceiling thus far. We should expect a continuation up to the $0.27 target. This gap doesn’t have to get filled right away. My personal opinion not trade advice!

YEHOK

This structure that has been playing out over the last few month since reaching a local top of $13,800 resembles the triangle that fell 50% from the 6k range last year. Consistent lower highs are being put in with a baseline near 9k being established. If we take a closer look however we see that the last 2 drops did not get down to the previous lows, so we are...

YEHOK

LTC had down sloping consolidation on top of the wedge and finally decided to break to the upside. The 0.618 target has been reached with volume and MACD bearishly diverging. RSI has double toped on the 15 minute timeframe suggesting a short term pullback or last least a consolidation period. Let us hope that price can hold above this $70 area so another leg up...

YEHOK Updated 

Another drop for lite coin possibly gave it a wedge formation like BTC. It seems we are having a flip of the resistance line with down sloping price action. I would really like to see price get about $70 and hold. Upper target is the 0.886 level with 0.5 as immediate range. let me know what you think!

YEHOK

XRP is reaching upper targets of $0.27. There is a gap now that began just over the 0.618 level and should be expected to fill. RSI topping out on the 1H and we are seeing the 0.886 to act as an immediate resistance.

YEHOK Updated 

Since the last 4 drops on the lower channel line have been made, there have been higher lows with a flat resistance converging to the upper channel line. A break of this triangle could lead us to the upper target at the 200 EMA on the 4H timeframe as discussed in earlier posts.

YEHOK

Good morning all. After we had a breakout of the descending wedge we made it up to the measured move off the pattern and began consolidating as expected. Although price did not get as low as hope for it seems we are now are printing a neutral/continuation symmetrical triangle with 2 possible breakout targets. The upside target is back at the previous high made at...