algocowboy2030

algocowboy2030

BTC UPDATE 1 HR CHART: BTC has been recoving after it's fall to the 6100 range. The overall longer term sentiment is very much in question right now. I am leaning bearish in the mid term, but I see a possibility of a run past 7100 in the near to mid term. I do believe that a run past 7100 would likely eventually stop around 7900. If we go bearish after this...

algocowboy2030

VERI has respected the ascending trend line even in this blood. Any bullishness in the overall market would push VERI higher, most likely. Or strong fundamental news. The following is a bullish scenario.

algocowboy2030

2 possible and 1 probable path is laid out in the below chart. I think BNB will likely see a rejection at the cloud around 24K Sats and then a retracement as low as 23K Sats before we see another bounce. Overall, I still think we could see a fall to 22K SATS and then a possible consolidation, which could lead to a rise or fall, depending on overall fundamentals...

algocowboy2030

Dollar/Canadian Dollar pair has shown some bullishess. The chart reflects a current possible and probable moves in the next 6 to 24 Hrs Despite tough talk, NAFTA seems like it will remain intact at least for now. If this can be confirmed, then the Bank of Canada is anticipated to execute a rate hike. In the meantime, the tough talk continues with Trump imposing...

algocowboy2030

Possible and probable paths for BTC in the next several hours/few days. We have been forecasting a run toward 7K and then a fall to the demand zone for several days now. This is a simplistic version of what this may look like leading up to such a possible pump

algocowboy2030

BNB UPDATE: 2H CHART BNB showing bullishess, but may need to cool off. The FA has gone a bit soft and we are looking at slight decrease in volume over the past 10 days or so. We still could see a rise to the 26k SAT level. Heiken-Ashi short candle bodies/long tails indicate a change in direction or a change in the severity of direction (inflection point). We...

algocowboy2030

BTC UPDATE 15 Minute chart: We are seeing some patterns with BTC on which we may be able to make some short term profits. Namely: a bounce off the RSI during a short term stabilization. The chart shows BTC rising off the oversold RSI once BTC had stabilized from it's recent fall. We also see a distorted (invalidated) bearish shark pattern preceding a fall in...

algocowboy2030 Updated 

BTC UPDATE 1 HR: We are seeing a fall back down towards 6200 as well as a possible break down to 6K support. The ETH news (bullish info) today is important to the overall cryptosphere, but I feel the longer term bear market sentiment far supersedes that. While we may see the rise to 7K that we have been talking about in the short term, I am not confident enough...

algocowboy2030

VEN 12 HR CHART: VEN appears to be in a bull flag and is consolidating over the last 6 months around 45 Satoshi. The above chart lays out general bearish and bullish scenarios over the next several days. VEN's bear cross in the cloud and it's trajectory look bearish overall, but VEN's FA is very strong with news and new ICO's around the corner. BTC's...

algocowboy2030

BTC UPDATE 30 MIN CHART: BTC is currently traveling up it's sub channel at the bottom of a much larger symmetrical triangle that's been established over the last several months. If we are trending toward the top of this triangle, then crypto sentiment in general should be positive until the mid 8000's. This chart below takes this sentiment into account and...

algocowboy2030

There was a vote scheduled earlier this year for legalization which was later rescheduled. Rumor has it that there were not enough votes to pass initially, which may have contributed to some kind of reschedule. This measure is estimated to potentially create a 4 billion annual industry in Canada, and the sentiment is that it will pass over the next few...

algocowboy2030

GVT is in a consolidation pattern which may have shifted upward into a sub-wedge due to some recent bullishness. GVT had it's "Markets Release" today which may have cause a slight bump that has since retraced well within our upper sub-wedge. GV is integrating with Metatrader 4, which an industry standard in mobile trading through integrated exchanges. ...

algocowboy2030

We are approaching what I think to be a good entry point ROUGHLY 5750 Satoshi. We want to enter as close to the ascending trend line as possible after confirming bullishness. There are many technical ways to confirm bullishness, but the simplest way is to see a sustained bounce off of the line accompanied by bullish indicators.

algocowboy2030 Updated 

I'll be shorting LULU around current levels with a stop loss around $127.50 LULU LEMON has had an incredible Q1 and Q2 explained by top line growth, stock returns, and lower production costs due to cheaper materials. While these are certainly factors that can explain growth, I'm skeptical that these factors alone have created the virtually geometric change in...

algocowboy2030

SNAP, INC has been on a steady decline since it hit the market. In a period where the tech sector has been performing well despite recent market shocks, SNAP has not been rising with it's tech cousins. The company has also had some trouble from a recent redesign which upset users as well as some other internal issues. We are seeing a rise from the $10.00 handle...

algocowboy2030

APPLE has broken above the bullish channel formed a bull flag, and has now broken out. We can expect a rise above 200 and possibly as high as 210 provided that the tech sector remains bullish.

algocowboy2030

WAN is traveling slowly upward along the violet ascending trend line. WAN has strong FA, but nothing major coming for a few months. Profvided that the crypto market remains relatively stable or bullish, and as long as WAN fundamentals don't change drastically, I see a slow climb over the next several to the next 2 fib levels as per the above chart.

algocowboy2030

We see a thick Kumo Cloud on the daily within the current upward trajectory. We may see a cloud rejection and perhaps a some slow, upward movement along the current low ascending trendline to bypass the cloud, and then a bullish move toward the top of the interior (violet colored) descending trend line. We may also see a more direct rebound through the daily...