chris.volkernick

chris.volkernick

any day now

chris.volkernick

www.investopedia.com

chris.volkernick

BTC has not only rejected the breakout higher at local resistance, but has made moves lower. Expect to retrace a bit before halving.

chris.volkernick

waiting to see if daily close confirms breakout

chris.volkernick

Looks like ETH could have a last small leg upward before meeting resistance and continuing to consolidate downward on the larger timescale(s). Divergence of price/RSI as well. Long in the immediate term, short in mid-term, long in the longer term (days/weeks).

chris.volkernick

Price diverging from RSI - short move likely/possible

chris.volkernick

continuation downward to the historical mean seems possible if not likely. observation not advice.

chris.volkernick

Self explanatory :)

chris.volkernick

Unpopular opinion but looks like we could see that 3K BTC after all...thoughts?

chris.volkernick

another leg of a continuation downward in the micro correction before macro bull run

chris.volkernick

Continuation pattern showing further decline to the 7200 area possibly.

chris.volkernick

Title says it all, just an observation

chris.volkernick

OCNETH pairing could be breaking downward on the 4h

chris.volkernick

TSLA forming long-term ascending triangle on the weekly chart, with a falling wedge forming on the micro scale which should bounce off the larger triangle's resistance to support this theory.

chris.volkernick

Google looks to be forming a long-term head and shoulders on the weekly chart. Will need to continue to monitor whether the trend downward breaks the neckline and continues. Target around the ~750 area if so.

chris.volkernick

After reevaluating my prior elliott wave thoughts, I'm now wondering whether it's more likely that we are actually completing the 4th macro wave, not the 2nd. Do you think the first set (green / pink) or second set (blues) are more likely..? or maybe some combination of both and I'm mixing up macro/micro waves? Looking for thoughts on this. Thanks!

chris.volkernick

I found this indicator today for the Accumulation/Distribution line which color codes the ADL according to the difference in the lines moving average within a period(I think it's 9 and 15 day MA but I would have to check again). I wanted to see what the results would be if you traded each time the color coding (i.e. MA differential) swung before crossing the 0...

chris.volkernick

Take a look here at Guideline 2. It would appear the current chart could be showing the end of a flat wave 2 (On the final "C" leg of ABC correction).