Good afternoon traders, Been quite some time, my workload is year round, however it's quite seasonal . I'm finally coming off and find myself with some time to do some charting. With that in mind, lets see if we can find a trade opportunity with BTC. Bullish Break trade plan: 1) Looking for a potential upwards break of resistance @ 4244, with a target of...
Good afternoon traders, Been quite some time, my workload is year round, however it's quite seasonal. I'm finally coming off and find myself with some time to do some charting. Silver is one of my long term holds, it's at historical imbalances with gold, and once again, expected to out perform gold in 2019, take that with a grain of salt because as we all...
Good evening traders, It's been quite an eventful couple of weeks since our top at 9900, I personally did not expect a retracement past $8500, but alas the market doesn't behave to any individuals expectations. With that out of the way I do feel we are at a critical juncture. Key Notes: 1) In my opinion, BTC has been in a classic Wyckoff logic accumulation...
Good morning traders, Past few weeks I have accurately predicted the following: A) The breakout B) The top C) Soon to be the bottom I have done so, all days in advance, on this last chart I predicted both this zone, and time frame, last Saturday, when very few traders were going short. Today I'm bringing you another update on BTC. Key Notes: 1) We've hit my...
Good evening traders, Hopefully everyones been having a prospering month of trading, today we're going to review BTC. Key Notes: 1) We have bearish divergence on VFI, RSI, MACD 2) Volume has died down at a key level, the 0.65 of the bearish impulse from 3/5 3) We have been unable to clear the 0.618 - 0.65 zone, with 5 weeks of upward movement, a strong dollar,...
Good afternoon all, On my previous chart I accurately predicted the top at the .618-.65 level and sold at these levels. I have re-bought in at $9,025, and I'm expecting range trading and consolidation over the next couple of days. Key Notes: 1) We need to start trading above the 0.5 of the latest bearish impulse, this needs to happen within the next 24 hours...
Good morning traders, Potential opportunity for NEO, make sure to set a tight stop. Key Notes: 1) Triangle formed, if it breaks, good place to set your stop loss. 2) Volatility is dying down, a move one way or the other happening soon. 3) Currently showing bullish 0 histogram MACD rejection, if it holds, it will go for a rise today. 4) RSI trending higher, as...
Good afternoon all, I apologize for my BTC Hiatus, I've been quite the busy bee lately, but I'm back and I'm bringing you the juice. Firstly, I'd like to point out that most traders have switched to bullish, while a bullish impulse is certainly a possibility, I'd like to point you out to this chart. In this chart I have turned on log, and you can see that BTC...
Good afternoon folks, Today's trade I'm looking at QTUM. I have entered a position @ 2077, I am expecting a re-test of 0.0022 at the minimum and will either take profit, or adjust targets if wave 3 is confirmed. Key Notes: 1) Daily RSI is at the resistance, volume needs to enter this coin very soon. 2) We have painted an 'ok' bull flag. 3) Observe the EMA...
Good morning traders, Hope everyone is doing well this morning, we had an unexpected move from BTC, let's see how it handles that trendline. This morning I'm looking into NEO, which has the potential for a continuation, and a possible wave 3 movement. Key Notes: 1) We've currently retraced a little over 38.2%, generally wave 2's retrace 50-85.4%. 2) I have...
Good afternoon all, Today I'm looking at OmiseGo. I'll be monitoring this closely, as ETH continues to rise, expect ERC 20 tokens to rise with it. What I'd like to see before purchasing is a high volume breakout of the resistance zone I've highlighted. Key Notes: 1) If 1425 is broken with high volume, I will be looking to enter long until 1620ish, these...
Afternoon all, It's been a hot minute, alot's happened in the past month, purchased my first home, as well as a layoff from my engineering gig, needless to say I've been busy, my apologies for being MIA! As long as BTC continues going sideways, I'll be focusing on alt's. Let me first be clear, I expect further down, or sideways trading from BTC. If it...
Good afternoon traders, It's been a while. I apologize but I've been busy in real life, closed on my first house! Today I want to bring you the current count I see unfolding. Key notes: 1) If 6k was the bottom, then the 11,788 peak was our wave 1 motive 2) Wave 2 corrective is either finished, or still on going, if we bounce at the zones I've...
Good morning traders, What a day! I apologize for the 'cleanliness' of the chart, it's a bit of a rush job. We're currently looking at a retrace from the 0.618 of the last bearish impulse, I opened a short at this level and I'm expecting a retest lower over the coming hours. Key notes: 1) Look for buy opportunities labeled at the 0.382(10282) and possibly...
Spotted on the hourly. "Leading expanding diagonal" Key notes: 1) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation. I'm definitely not an Elliottician, but figured I'd share since this market makes no sense and it's the only thing I've found to make any sort of sense. If we go up another...
Good afternoon traders, Couple days ago I brought up the large warning signs we were seeing across multiple indicators, granted, had we continued they would have been negated, however at one point we were looking at divergences @ 20% from price, can't really ignore those sort of signs. So what now? We're currently at the decision zone as we'll call it -- what...
Evening traders, Wanted to point out some hidden divergence on CCI and RSI. In addition we had a low volume breakout. This could be legitimate, but I'm still observing before purchasing in. Key notes: 1) Korea is trading at a premium, gives weight to a legitimate breakout. 2) RSI/CCI showing bearish divergence 3) Low volume breakout. Currently streaming...
LTC could be on the brink of another breakout. Huge bullflag forming. Key notes: 1) Look for a high volume impulse above $245 to confirm breakout 2) Triple hourly dojis, something big is coming. 3) Set a tight stop loss around the 20 EMA 4) If BTC starts tanking I advise you to be careful. Otherwise, buy the breakout! I've already entered @ 242 and I...