


graham.edwards84
Looking at these 3 hour and 1 hour charts we have two crossovers in play and could lead to a significant impulse especially considering what we have seen with BTC today it only make sense that the other big players would follow the King...
Looking at a 3 hour chart now and as you can see, there is massive upside potential here if the 20 MA and 50 MA can continue to turn and move up through the 200 MA. This is a likely scenario now and if you are holding alt coins in the current alt coin rally then I would seriously watch them closely for an inverse reaction... just saying...
As you can see here BTCUSD made its move sooner than my projected pathway however it still has not gained the support of the 200 MA on this one hour chart which will be key for a continued bullish momentum. To me this indicates that there is a potential for a retrace here and then another attempt will be made, so be cautious here. In my next chart we will move in...
Hitting an upper trend line here. Very bullish move but I would suggest caution here and perhaps you will get a better entry point so if you are thinking of entering here then perhaps a half position or one third to start.
Yes, BTCUSD has now conquered the 200 MA on this 45 min chart however, as you can see... the wave undulation of the 50 MA here is indicating a potential downward movement which will likely draw the price action lower in the short term. I have adjusted a projected pathway but I would really like to see BTCUSD take support on the one hour chart to be more convinced...
This is an update to an earlier idea. Slightly modified trend lines etc.
BCHUSD 2 hour idea. Simple wedge pattern.
If I'm pressed to say up or down I'm going with up from what I am seeing. Perhaps something along these lines. But even if up... can we break to a new high or will it turn below the high and head lower? Tough to say... These are just ideas, please consider all sources of information and formulate your own opinions. Etc, etc...
The 30 minute chart is showing some indication of a potential break out here. Let's see if the bulls will take advantage of this opportunity and start the move. We can see the 20 MA and the 50 MA just trying to move up through the 200.
Simple Ripple 1 hour idea. Breakout should lead to a higher high in my opinion.
Well Stephen007... secret agent license to kill... it really all hinges on the next move out of this wedge formation to retake the 200 and secure support. If the 50 can push through and hold above it we will move to higher ground. If not and turning the 200 upward here is still too soon then we will fall back beneath it and will move lower and sideways until the...
Here's a simple 15 minute chart idea with a 15500 area target.
My findings indicate that while the DEMA can be an early indicator of a bullish cross it is not accurate. On the left in the DEMA chart, the green circle showed the 50 DEMA crossing up through the 20 DEMA caused a spike in price point... which is just weird because it should have gone the other way because it is actually the 20 moving down through the 50... and in...
Guys here we have the 15 minute chart on the left and 5 minute chart on the right side and I have placed the 20 50 and 200 averages. These averages are KEY. You must always put these into your charts as any type of charting without these really is more or less guessing and I don't even bother to look at anyone's posted charts unless they are using averages in...
If we look at BTCUSD on a daily chart we can see clearly that this is not a blow off top spike formation and in fact it looks very similar to many stock charts that I am currently trading with three flat bottomed longer consolidation waves followed by three steeper waves and generally when I see this steepening on a stock chart is when I like to start to enter...
In this 3 Day chart I'm attempting to illustrate a few things... As you can see from off of the March 2017 low indicated by the 2 red circles, the indicator charts have been steadily making higher lows. We can see a pattern of threes which is the way fractal wave patterns work at any and all time frames. Each wave has a left shoulder a head and a right shoulder....
In this Logarithmic chart I have indicated one potential path forward. This is just an idea...