ibitcointrade

ibitcointrade

Dead cat bounce during recent surge. Keep in mind this is on the daily, once it breaks below this triangle then it's going to dump rather quickly.

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If you fib this out starting from the uptrend its at the 50 percent mark. Wyckoff indicates that its a good buy in addition to a possible bull flag formation playing out on the daily. The fractal that many are keeping an eye out for may indeed play out.

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Sorry for the shitty drawing but it was the best I could do on my phone. Anyways str flag is forming with current price above cloud.

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This is finally playing out. Get your eth while its hot! Might break the ATH in the coming week as well, looking forward to it.

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Posted this a few days before it started breaking out again as a private chart but decided to post it public to see what everyone else things. BTS fractal looks nice and the pattern seems to be playing out again

ibitcointrade Updated 

A chart showing how I scalped xrp on the one minute chart yesterday. I know this isn't the actual 1-minute chart but I figured it's easier to read on a higher timeframe. Anyways questions/constructive criticism is welcome. Oh and before anyone asks yes I am bullish very short term for xrp and alts at the moment. Bottoms from yesterday held for most alts even...

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Obviously a triangle, looks even nicer on the daily. Not saying this is going to pump because I think this is wayyyyyyyyyy overbought. I'd think it would break down from here but you never know we've seen some crazy things in crypto. Wait until it makes a decision and then trade from that.

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Posted about this cup and handle as a private chart at the bottom of the range. Never posted it as a public since I figured others might have noticed it already. Glad its finally playing out.

ibitcointrade

Some consolidation going on with litecoin. Bollingerbands on short timeframes are tight. I emphasize those resistance level/support levels. Whichever it decides to break (either support or resistance) will decide trend for the short term.

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Looking at the weekly chart for doge and found some interesting patterns. Make what you will of it but my bet is that it plays out in a similar fashion than before. Would love to hear everyones opinion.

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Only charting this still because I want it to burn. Either way profit is profit and XRP is forming a massive head and shoulders with declining volume. A break below the neckline could lead the price to fall at around ~9k sats.

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XRP broke the neckline on the H&S as expected and went down. Bearish tk cross on the 1h timeframe (not shown here). The descending line represents the current trend resistance. I'd personally wait for 2-3 candlesticks to confirm a reversal (if it even attempts one).

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XRP head and shoulders in play on lower tf. Hopefully this burns to oblivion as I'm not an xrp supporter

ibitcointrade Updated 

Candles closed at a similar price last time. Declining volume compared to previous days but rising price makes me weary. Set a short at a high price like 24k sats and use a tight stop. Its scary to go against a bull market so if you're nervous wait for confirmation of a top

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Price is above cloud on 4h and bullish kumo twist is on the horizon. Bullish tk twist already occurred. Watch out for your alts

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Don't really like calling a top but previous ath candle closed at a similar price. Rising price but declining volume compared to previous days is also scary. I'd set a short at 24k sats and a tight stop along with it. Its scary to go against a bull market to be cautious and wait for confirmation of a top if you'd like

ibitcointrade

I really hate calling tops but previous candle high is around the same current price + declining volume with rising price makes me weary of its market at the moment. It would be smart to set a short at 24000k sats and if it fills cool and if not wait for confirmation of a top. Remember to set tight stops, its dangerous to go against a bull market

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Held support perfectly on the 1D cloud as bitcoin caused it to test cloud support once again. Bullish tk cross and kumo twist means that a large rise is due. First target is e2e at 0.0015 and then 0.0024.