cryptonekoz

cryptonekoz

AMD is currently showing heavy amounts of retracement and entering the 0.382 zone. This is typically the bounce off region according to fib theory. Bullish Points: - 0.382 fib zone is the bounce off zone typically for most assets - Bottom of kumo cloud acts as additional support and coincides with fib retracement level of 0.382 - 100 EMA acting as support as...

cryptonekoz Updated 

DIS is as many big name stocks are currently sliding down as earning reports are being reported across the financial sector. Despite this I remain bullish about Disney due to strong fundamentals coming in 2019 and techncial analysis on the shorter term. A few bullish points that I see for Disney on the shorter term. - Ichimoku showed point of entry on OCT 15...

cryptonekoz

BTC is currently showing a falling wedge pattern which is textbook bullish. Could potentially see a play back up to upper resistance levels shown on chart in the next few days. The following are some bullish points: - Pattern is a falling wedge - Stoch RSI is heavily oversold and beginning to trail upwards - RSI is still within wedge pattern and trailing...

cryptonekoz

Interesting find, I see a broadening bottom in BTC's current pattern. Below is an image of what a broadening pattern looks like. Bullish Points: - Broadening Bottom Pattern - RSI showing higher lows - Stoch RSI showing higher lows Example of Broadening Bottom: excellenceassured.com

cryptonekoz

Summary: Found something interesting today, realized there was a falling wedge (bullish pattern) inside a longer bearish descending triangle. Note: This is solely based on TA and any FA could cause a change. My longer term bearish outlook still plays as this wedge is inside that. It is provided below. Bullish Points: - A falling wedge would give BTC quite...

cryptonekoz Updated 

Summary: BTC in the past 8 hours has falling out of rising wedge as expected and is showing a reset before testing upper trend line. Below is my summary showing the various points that I see on BTC. Note: This chart was created before the daily candle prints. We are looking for a higher low for the daily. I will be breaking down the points I see as...

cryptonekoz

BTC is showing an ascending wedge with possible fall out. Along with the ascending wedge shows the Head being complete in a diagonal H&S pattern, in which the head to neckline drop would coincide with the local supports of 6600. I will highlight the bearish factors as follows. Note: The daily is still bullish in my opinion with BTC touching upwards of 6900,...

cryptonekoz

BTC has recently rebounded violently off the 6200-6100 critical support as previously indicated. The rebound was accompanied with a very strong bullish movement up to above 6500. Each day BTC has been slowly establishing higher lows indicating a bullish trajectory upwards. I will highlight the bullish and bearish points as follows. In my opinion, BTC will reach...

cryptonekoz

BTC has been trailing up for the past week with very light volume . Bitcoin -0.14% has been respecting the local resistances and supports trailing within the upwards channel. I will break down what the bull and bear points are for BTC. BTC has been consistently bouncing within the 0. 5-0 .382 fib levels. Note: With ETF decision coming up we could see a rally...

cryptonekoz Updated 

This is the bullish short term scenario for BTC. BTC is currently testing local support of 6400. Note: My long term bearish scenario is still in play. - Pattern shows what looks to be an inverse head and shoulders. Neckline to head indicates a rise of $250. - Critical supports still stand at 6100 and 5800s - Local resistances are 6400 with critical...

cryptonekoz

This is the bearish mid term scenario for BTC. On the mid BTC -0.35% could see lows of 6100 with minor wicks down to 6050. Critical supports of 6100 and 5800 still stand. Note: Note: My long term bearish scenario is still in play. - Pattern shows what looks to bearish pennant almost at completion. - RSI showing rising wedge (bearish pattern) Expect fall...

cryptonekoz

This is the bearish mid term scenario for BTC. On the mid BTC could see lows of 6100 with minor wicks down to 6050. Critical supports of 6100 and 5800 still stand. Note: Note: My long term bearish scenario is still in play. - Pattern shows what looks to bearish pennant almost at completion. - Critical supports still stand at 6100 and 5800s - Intermediate...

cryptonekoz Updated 

Daily candle printed an inverse hammer which is a bullish candle. Could be the start of a reversal back up, to test the upper overall trend line.

cryptonekoz Updated 

This is the bearish short term scenario for BTC. On the short BTC could see a low of 6050 with critical support being at 6100. The news in regards to SEC is as follows: The Securities and Exchange Commission announced the temporary suspension of trading in the securities Bitcoin Tracker One (“CXBTF”) and Ether Tracker One (“CETHF”) commencing at 5:30 pm EDT Sept....

cryptonekoz Updated 

This is the bearish mid term scenario for BTC. On the short BTC could see a rise up to 6700, both RSIs on the shorter time frames are showing oversold extension towards the bottom side. The daily printing above 6600 could potentially over rule this pattern. I will be breaking the chart down through bullet points so that it is easy to understand. Note: My long...

cryptonekoz Updated 

This is the bullish scenario long term with BTC. I will be breaking the chart down through bullet points so that it is easy to understand. Note: This is a bullish long term scenario, I will link the long term bearish scenario below. This is strictly based on technical analysis and any catalyst like approval of ETFs could alter the course of this T/A. ...

cryptonekoz

This is the bearish scenario short term with BTC. I will be breaking the chart down through bullet points so that it is easy to understand. Note: My long term bearish scenario is still in play. You can find it below. - Pattern shows what looks to be a bearish pennant playing out. - Critical supports still stand at 6100s and 5800s. - Stoch RSI is showing...

cryptonekoz

This the bearish scenario long term with BTC. I will be breaking the chart down through bullet points so that it is easy to understand. Note: This is a bearish long term scenario, I will publish a bullish scenario so you can compare. This is strictly based on technical analysis and any catalyst like approval of ETFs could alter the course of this T/A. -...