krugman87

19:15

krugman87

In this video I talk about a live trade I have had open since yesterday and my thought process with setting entry, stoploss and profit targets. I also cover hourly, daily and weekly candlestick analysis. This video builds on top of the analysis I posted yesterday.

19:53

krugman87

In this video I look at about a dozen different crypto markets that currently have interesting price action.

krugman87

This ratio of ratio's chart paints a pretty clear picture that ETHBTC's ratio compared to ETH's price in USD is at historic lows and is also sitting right on support. This could also means, compared historically, that the ratio flat on support and there is huge potential of ETH outperforming BTC if BTC and ETH continue to rally vs the dollar.

krugman87

A bullish inside bar / pin bar pattern has formed. If price can break out strongly enough to retake the trendline it had broken out of a week ago that would be extremely bullish and could mark a long term bottom in ETHBTC. Giddyup!

krugman87

ETHUSD has completed an bullish inside bar pattern on the 2 day and a bullish pin bar on the 4 day charts. If price is able to break out from here that could see price rally into the 240-280 level before reaching its next major resistance area.

krugman87 Updated 

LINKUSD has formed a bullish reversal pattern from key support increasing the chances that it heads up towards all time highs in the near future. LINK's relative strength versus BTC and ETH also makes it more likely that LINK will outperform the other 2 major cryptocurrency's in the near future.

krugman87 Updated 

ETHBTC has formed an Inside-Bar / Pin Bar pattern which could see this ratio move much higher once the highs of the mother candle are taken out. These patterns generally signify bullish consolidation of price and often precede bullish breakouts. This pattern is in harmony with the very bullish pattern that has formed in BTC. If the BTCUSD pattern breaks out and...

krugman87 Updated 

A massive Inside Bar / Pin Bar Fakeout pattern has form on BTC's 2 month candlestick chart and has formed just on top of a critical trend line support level. These setups can be very powerful continuation signals. A break above the top of this candle could send BTC soaring up to its previous ATH and well beyond.

krugman87

The SP500 has formed and confirmed a bearish H&S pattern after seeing price rejection at the very critical 2,600 support and resistance price level. If this pattern fully plays out we could see price drop back to at least the 2,200-2,300 level.

krugman87

With the weekly candle closing a short while ago, it locked in a fairly bearish price action pattern. The pattern is a bearish Inside Bar/Pin Bar combo. This pattern would imply a greater probability that price continues its bearish trend. If price does break down in a major way then the next logical support zone is between $80-90. If that level were to give...

krugman87

ETH is current sitting just below a very important price point of $136-140. What price does at this range will strongly move me int either a bullish or very bearish bias. The current market dynamic is that a large bearish wedge had been forming over the past few weeks and finally broke downwards out of the pattern thus confirming it. After breaking down,...

krugman87

A pennant has been forming in ETHUSD after a massive selloff last week. Overnight price broke through the top of the pennant. If price can hold this level as support now we could see begin to rally further. The first price target is the top of the pennant at about 145. The second price target is 190 which is the distance from the highest and lowest point of...

krugman87

I believe this yearly chart shows the worst case scenario facing ETH holders, which involves price decisively breaking down from the bearish pinbar that formed on the yearly candle in 2019. If this pattern plays out then the next major support doesn't come into play until around $40-50. That is about 40-50% lower than the lowest price that was hit in the epic...

krugman87

ETHUSD is forming a head & shoulders pattern on the intraday chart. If this pattern were to break through the neckline and be confirmed it has a $195 price target. Before bulls get too excited there are some things to keep in mind... 1.Price MUST break the neckline first or there is no H & S. 2.This pattern is forming into a massive selloff. Expect selling...

krugman87

A bear flag formed on the intraday chart over the past week and has broken out this evening. This pattern has a price target of 2400, or about 7% lower than the current price.

krugman87

Price nearly feel through the bottom of this bear channel but was saved with a sharp reversal which came in the form of a 2 bar reversal on the 6 hour charts. With this reversal we could see price pop up into the resistance area of the channel around 205ish. Given the bearishness of the overall crypto market we could see price hit this area and fall, but if...

krugman87

LINKETH has formed a bearish head and shoulders on the intraday charts. In the daily charts a large bearish pin bar has formed. Bearish price action has also taken shape on ETHUSD and ETHBTC. Even though LINK has had a very strong rally these bearish pattern signal the probability of a pullback is high.

krugman87

BTCUSD has formed a complex inverse head and shoulders pattern. This is a bullish pattern and if the neckline is broken could see price aggressively rally higher.