Hello, Take a look at the cup and handle pattern. Ideas are on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when...
Hello everyone, We are on similar ground with ADA as we are with LTC. oddly enough we do have the potential of forming an inverted head and shoulders pattern. I have left my ideas on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework. Cryptocurrency is...
Hello Everyone, There is a possible opportunity at hand as we near the completion of an inverted head and shoulders pattern, thus will become the signal to go long. All points are clear within the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework....
Hello, Looks like a reversal has begun in the form of an Elliot Wave. We shall see. Cheers
Hello Everyone, Wonders never cease to amaze me. BTC was supposed to retrace towards 3500 only making it halfway. The bearish wedge stalled halfway down forming a spinning top then 2 hammer candles which in turn caused a reversal. The reversal made a journey to what appears to be a bullish flag. Time of writing: 01.00 am PST. You can see on the chart the...
Hello Everyone, I have laid out a chart that gives details to support my claim highlighted in the title. Also pan over the information icon for other details. Take note of the patterns that give hints to where BTC has headed and will eventually arrive at. Early January we will see the possible out come of BTC hitting two bottoms within 2 stages. This is my...
Hello Everyone, Looking at the 6 hour chart I have identified a possible double top formation. I have left my ideas on the chart. Cheers.
Hello everyone. The signals looked good and volume was up but it dropped dramatically in the past 2 hours. It broke through resistance at 4 am PST and now looks presently to be struggling to maintain momentum and just bouncing off the roof of resistance for the past hour. Judging by my past experience with BQX on previous bull runs, they have been very short...
Surprising BTC has come back to life after a 9 Billion dollar injection into the market within the past few hours. That is a big pump in terms of time frame. The truth holds true "when pessimism is the consensus the market births opportunity for whales alike" Good lesson for the hodlers that have been dumping of late or should I say toddlers? ;P JK The chart...
Hello Everybody. Recently within the past few hours Market Cap has had a huge injection of 10 billion dollars. Thanks to pessimism it brought the whales in. So we shall see if we hit resistance and if it becomes new support. Buy in near support and sell at resistance. Buy in again if we see another spike but be sure to set up stop loss. I still think we...
Hello everyone, here is my view of BTC at present. In the past 18 hrs the market cap has dropped 8 billion dollars and 50 percent of that within the past 2 hours. At the time of writing 11:30am PST. The past 2 hours is of concern because of the big drop in market cap. We have broken through support and may possibly break through lower supports...and quickly...
Good morning all, As we are nearing the end of the week we can see that there is no clear sign of ETH recovering from the previous high. It appears that the bears have been in control, hammering down Sundays high. Volume has declined, and the CMF shows a curl towards the down side. The candle for this week is a shooting star and it tells me that we may see...
Hello again, So what do you see grasshopper? Well it looks like a H&S pattern in the 4 hr chart with a little hiccup. However hiccups aside it seems to be a reversal pattern. OK, anything else? Well if you like apples then take a look at the 4 hr RSI . It looks like the wright brothers first successful flight recorded in 1903. The actual flight time was recorded...