It's now or never. Key Notes: 1) 4 hour inverse H&S 2) Currently wedged up against long term trend line 3) Double 4 hour EMA support, and trend line support below it. 4) Low volume, market indecision. Something huge coming very soon. 5) RSI supports upmovement Bullish Targets: 1) 9115 2) 10,176 (200 MA) 3) 11,620 (H&S) Bearish Targets: 1) 7900 2)...
Good morning traders, Yesterday I called the top @ 8579, this morning I'm calling for another bottom. Key Notes: 1) We're overbought on 1,3,4,8,12 hour stochs 2) Momentum indicators are showing the current trend is dying down 3) Bearish divergence is warning us not to buy the next dip. Anythings of course possible in this crazy market right now, but...
Good morning traders, Been a minute since I posted an LTC chart. But here we are! I'm looking to enter into LTC @ the 146-148 range, and I'm looking to take profits @ 157 / 177. Key notes: 1) MACD Looks incredibly bullish 2) Volume is increasing 3) BTC 1.14% is range trading! As always if you find this chart useful please support me by hitting the like...
Good morning traders, Ripple is currently primed and ready to go, assuming BTC has bottomed out we can expect range trading. I'm expecting some serious Ripple growth over the coming days. Key Notes: 1) If BTC continues to breakdown, we should see $0.41-0.42 cent ripple. 2) If BTC established a range trading area, I'm expecting ripple to make its way back up...
Good afternoon traders, What a day! I apologize ahead of time for the messy chart, but "bear" with me, I've had a long night. I'm going to post out all of the possible scenarios I see forming. Bullish Scenarios: 1) We had a picture perfect ounce off the 200 SMA on daily. This could imply a possible reversal, back towards 9-10k area. 2) We start trading...
Good afternoon traders, On my last chart I predicted a breakout, I was accurate, however my target didn't even come close, we pretty much blew up on the launch pad! In my defense, I have been updating them to show that it was a failed breakout, and did accurately predict the breakdown early on as it was becoming evident the rally wasn't going to sustain...
Good morning traders, In my last chart, I mentioned the potential for a failed breakout, well obviously, that turned out to be true. If you've been following me you'd be well prepared for the situations we've found ourselves in over the past few days. With that in mind, on this most recent break downwards of the triangle, we tested the hard support zone, and...
Good morning traders, My first alt trade in a while. First up is XRP, we're looking at a bullflag formation on the 30 minute. Key Notes: Target 0.0001395 4 hour / Hourly RSI supports move upwards. Only potential obstacle I see is if BTC decides to decline further. Good luck and trade safely! As always, if you find this chart helpful, please support me by...
Good morning traders, Looks like we broke that $11,256 zone - but will it last? Key notes: 1)We had a higher low, which I mentioned as a possibility in my last chart, that seems to be driving this breakout. 2)Look at the yellow circle to see the last breakout we had, and how it ended up being a failed breakout. 3)We want to observe volume closely over...
Good morning traders, My second alt chart of the day. XLM! Back to my roots. I was one of the first people calling a significant move upwards back in the day, but have been sticking to the main show BTC lately. With that in mind, we are looking for a test of the recently formed upper fib resistance. Key notes: Fib target 4773 Bull flag target 5083 4 hour...
Good morning traders, I'll keep it simple today, I've highlighted the potential bounce zones, or areas where BTC -11.84% may catch its breath and bounce from. We're still in a downtrend, and as mentioned previously we've been expecting one more down, this could be the last time to load up on cheap BTC -11.84% , as a result, expect alot of buyers in these...
Good morning traders, My last chart i brought you I was looking for one more down or range trading, well, I shouldn't have closed that because it looks like we're in the same situation. You will have to move the chart to the left to see the area's I'm discussing. Let's breakdown what I'm looking at here: Yellow Boxed Area - The 20 day MA almost crossed but did...
Good morning traders, Wow, what a day we had huh? Luckily, if you were following me you'd be prepared for a sell off. Unfortunately, my support levels didn't hold at $11,193-$11,600. I've been self analyzing as to why, this support level was different than the previous ones, and the only thing I can think of is the futures closing today, I believe a lot of...
Good morning traders, If you've been following my charts you'd be well prepared for the scenario we are currently in, I'm damn near 100% accuracy lately. On my previous chart I showed you a symmetrical triangle, with where it would go up or down depending on the breakouts, and I kept you up-to-date, accurately, I might add, when we had a false breakout above,...
Good morning traders, Today it looks like BTC 3.94% had a breakout of the symmetrical triangle. When these triangles form, they have a 64% chance to break upwards, with all the negative indicators however I believe what we are witnessing is capital flight from alts back into BTC 3.94% . This could mean a couple of things, either the movement picks up more...
Good afternoon traders! I'm posting a longer term chart today, in this chart I want to highlight a few things of importance. We've never been so closely tied to the hip with BTC as we currently are in my opinion, what I mean by this is that breakouts, and downtrends will only happen when BTC allows it. We need a healthy BTC or a sideway trading BTC to make our...
Good morning traders, We have two possible scenarios unfolding. 1) We have a falling wedge forming and we're looking for the 5th touch with a strong volume breakout above the resistance lines I've plotted in this chart. In this scenario we could be seeing 17-19k BTC again. 2) We are signalling VFI divergence since the 7th of December. Additionally the monthly...
Buy zone in the green box with a quick turn around, looking to make this purchase in the next couple hours, let's see how it goes! As usual, if this chart receives 15 likes I'll keep updating it as opportunities present themselves. In regards to my long term holdings, I'm still short on LTC and BTC, but if the titanic is going down via a slow bleed, might as...