charterman

charterman Updated 

BTC Macro. A nice trend line since the bottom has acted several times as support/resistance. We just hit this, so this may temporarily be the end of short term down trend. Ascending wedge has been forming though, so may see short term increase before a dump down to bottom trend line, which also corresponds to 200 EMA. Third option is that mega bullishness...

charterman

BTCUSD from my previous chart looks to be taking option A - Green route. We have broken the wedge support. 3 things lead me to thinking 10.5K: 1. Size of wedge leads to 10.5K 2. Fib extension leads to 10.5K 3. Longer term support leads to 10.5K This may be an opportunity to nab any missed longs. Keep in mind we are currently sitting at support (not drawn) for a...

charterman Updated 

BTCUSDT forming its second strong divergence here after another decent pump. Thinking that we drop down to approx 11600 before another go at 12000. On another note. mid caps are pumping right now! This might be another opportunity for them before BTC takes over.

charterman

XRP is currently at a long term resistance that has been rejected multiple times. With a RSI that looks like that, i'm getting serious shorting vibes. I would expect a retrace to the 100MA, 200MA or bottom of channel at worst. Although, an active bull market may change this.

charterman

OPTION A: Clearly been in a triangle for some time. If this continues, we will see a drop to around $7,100 short term and a significant rise once volatility has tightened (RED). OPTION B: Following the end of an ABC, we are currently still retracing to 62% fib on wave 2. If BTC bounces off this ($7,800), we could see an increase to the $13,500 mark (BLUE). Fib...

charterman

At times like these. BTC is anyone's guess. Therefore, the best thing may be to watch support and resistance zones. BTC has failed to break 11800 zone since its upward trend twice now. Has reached 9300 and looks to be going for a second bounce. Next support around 8400. If miracle does happen and break occurs. Then next major resistance is 14000 zone. Stoch...

charterman

Having a look at TRX, as we begin March. Things to keep in mind: a) test net launch, b) coin burn. - end of month. TRX is tightening in a triangle, with a solid cup and handle forming (See yellow). I'm hoping that within a week, we see significant increases in value.

charterman Updated 

RDD is tightening. It has found strong support and been travelling horizontally. It has also dropped to 60% fib retracement from last wave. Fib time zones indicate a change at precisely the tip of the triangle. Keep an eye out. As the market is currently going up, and technicals indicate a good buy, I'm leaning towards a positive turn.

charterman

BTC has bounced earlier than expected at the 38% fib retracement. Inverse head and shoulders formed (yellow) 3rd wave prediction at around 18,000 Rumours are speculating, Indicators are strong, graphs are green Watch previous support and resistance lines for bounces.

charterman

Most common levels for retrace is 50%, if not 62%. Extensions are drawn off the latter (62%) Wave three most common fib extension is 1.62.

charterman Updated 

Ascending channel meets strong resistance point. Has bounced of fib and will hopefully continue until meeting resistance point again (Technicals currently indicate buy) Watch for break of support line and update stops often Note: BTC had an identical scenario earlier in the ascending channel when it met strong resistance point and continued to soar. Anything is...

charterman

Stubborn TRX has fallen and bounced of a previous support line. If this continues, new larger scale uptrend triangle to follow. Keep an eye on support breaks (blue lines). .382 Fib may be trouble again, as triangle draws to a close. If so, there's always end of march ;)

charterman

ETH has followed through with previous chart. Finishing of long-term wave 2 and triangle with short-term wave 2. See notes on charts. As always watch for breaks in support (blue lines), nothing is certain.

charterman Updated 

There has been a lot of argument around whether BTC is currently on a larger downtrend and in a B wave, or beginning a new cycle in wave 1. Either way BTC has been riding the .75 fan fib support line for some time in an ascending triangle. This looks to continue for some time yet, but keep an eye out for fib support breaks and the beginning of retrace of...

charterman

XRP has failed again at the symmetrical triangle, following a small drop across the market. It seems to have found support at the 50% fib extension and .50 Fib fan line. Fingers crossed we ride this .50 fib line up and begin to see a proper impulse wave

charterman

XRP wave 3 delayed after dropping to next support

charterman Updated 

While there has been a failed break at the 78.6% fib level after triangle point, XRP looks to be gearing up to try again.

charterman

Triangle magic. XVG has broken support of the symmetrical blue triangle. will most likely retrace to the green support line of the bigger triangle, where it will continue until breaking through red resistance point. See yellow arrows of previous and possible future trends.