cryptoworldnews

cryptoworldnews Updated 

be safe

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be safe xD

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once again, please be safe :)

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VEN needs to hold support AT or ABOVE the local 618 FIB to pop-off onto the short-term 1.618 extension. If support isn't made AT or ABOVE the local 618 FIB, then we can expect the retracement negative-momentum to continue as we move towards previously untested levels of support.

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As BNB moves forward, we need to find support at previously untested levels from it's current upward move to the ATH. Previous trend moves have already been supported except for the levels inside the yellow rectangle. Volume Profiles on the right show that these levels have not been supported previously. When and If BNB finds support at these retracement levels,...

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As ADA continues to retrace, to previous untested levels over time, we look for the end of the ABCDE correction before making a long-term entry. After the current retracement trend finishes, the market would most likely be looking to reverse the momentum towards a positive-trend after untested levels are supported.

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Looking for support at or above the 618 for a double-top breakout. Profit-Taking would happen around the 1.618. Safe short-term exits are generally around the 1.272-1.414 FIB Extension. If entries are made at or above the local 618, short-term safe exit is around 10% Profit-Taking.

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Riecoin has been moving nicely the past several days, we're now in the process of forming the handle on this Cup and Handle. Now that we do have a confirmed double-top that finished from yesterday, we are looking for support AT or ABOVE the local 618 extension. If support is find above the 786, then we would have an even higher parabolic move towards the 1.618...

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SUB SUB/BTC is continuing the down-trend retracement from the previous local high run. Volume overall is down and in a down-trend, if local fib 618 and 382 are not supported, then we are moving towards the long-term 618 FIB. If SUB doesn't find support there, it is headed towards the long-term 236 FIB which means it would need to find support at the previous...

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Looking for a few conditions to line-up before making a short-term entry and potential exit range. If we bounce off the 382-500 Fib, I am looking for a double top at previous local high, if support holds at the 618, then short term entry would be made by most traders before looking for profit target at the 1.272-1.414 Extension.

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As KNC bounces off the 786, I am looking for a potential short-term double-top pattern, if retracement holds at the 618, I would expect traders respect the value as support is made at that level. If these conditions are met, Market Traders would be looking for a short-term run up to the 1.272-1.414 Extension for short-term profit taking. 11% Gains if these...

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Counts by TraderUnknown, fibs by Mike

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As ADA volume begins another short term negative trend, BTC value drop could potentially have a good effect on the value of ADA as it nears previous support levels at or below the 236 Fib ratio (based on previous ATH). Look for Cardano ADA to make another run towards the 382, but will encounter more selling resistance on the way to the 382 fib as short-term...

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Historically, BTC/USD has recovered from 70%+ RSI levels after bouncing off of 30% RSI to reach new All-Time-Highs. Currently, we are in the correction after being above 70% RSI when BTC/USD was at 19.9k USD. As we near 30% RSI (under-valued BTC) I feel that BTC/USD will bounce off of 30% RSI like it did historically and make another positive-trend run towards...

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BTC/USD might not have enough volume of support and time to hit 12k before the CME resistance that might happen on Jan 26th which most believe will see BTC/USD hitting a lot of selling resistance pushing the value to previously untested levels of support during the rise to 19.9k USD. While we're in our retracement back to those levels after the parabolic move to...

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OMG is forming an ascending scallop pattern...it has completed a Primary Elliott 5 Wave, along with an ABC correction...it is moving, upward, along the 0.25 Pitchfork channel in what appears to be a new impulse wave...should it continue to rise, look for it to ascend the channels to the 0.886 which is where Primary waves 3 and 5 previously ended. -...

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Ven is currently transitioning into wave 4; it has proven to move regardless of BTC price volatility... @juni04lancaster TV: BTCookieMonster

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ETH is in an overall uptrend but is once again being pulled by BTC price movement. It now is in a Bear Flag within a Bull Flag and will need to climb, and remain, above the Ichimoku Cloud to continue its Bull run. -- @juni0rlancaster (aka BTCookieMonster)