measax

measax

Title says it all. The crypto ichi cloud could be key resistance but shows a flip coming by the 19th/20th. Crypto cloud settings 20, 60, 120, 30 Notice the rejection off the top of the cloud here this past candle.... but cloud is converging and there’s strong hourly cloud support

measax

Looking at the daily its clear that volume is depressed vs. the May run. There will be another spike in volume at some point in the next few weeks maybe 6 weeks... There's lots of news to help "tell the story" but we know the technicals have a direction in mind. Insiders already know if there is a delay in alpha/beta, or some big news to move the market. Question...

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This is a Bitcoin BTC bear scenario up for educational review. Thesis: Bitcoin is going lower & we could be consolidating before another strong motive wave down. This could bring price below $5K. No strong bull indicators for a serious move in the opposite direction & this favors the bear argument. The bull case is that we might be consolidating and there are...

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Matic broke the ascending triangle but on low volume and has come back down to the key .025 area to try and prove s/r. Bullish indicators - retest of break out level and moving averages holding support with good posture. Also looks to have held some fib levels and the stoch is resetting Bearish - rejected from .382 of prior ath/top. Volume down while price...

measax Updated 

Ltc has a few bullish patterns in the works Ascending triangle and short term inverse h&s. If we break the ~120 level resistance on the completion of these patterns we could also see a blowoff 5th wave in the works from our cycle low. Fundamentally the timing is good as last halving price rallied into the halving but sold off sharply just a few weeks ahead of...

measax

Major swings in the DXY usually indicate a directional shift to come in other assets and BTC is no different. The dollar was moving down swiftly as BTC was making its epic 2017 run, but both started to move up sharp at the same time the last few weeks of that run which is rare when comparing DXY to BTC in its history. Both moving in the same direction on a...

measax

Bullish short term signals with slowly improving but volume and support from emas. Bearish potential with resistance at .025 area and htf volume still being sluggish. Need a close above the resistance on improved hourly and 4 hour vol.

measax

This is for educational review. This is not financial advice. Wanted to show that a short squeeze can move the price up impulsively on the flip, but doesn't indicate a bull market. More likely just the big boys taking retail heroes money who don't have enough margin to cover shorts. Everyone was eyeing 7500 as a stop loss but the real stop loss is at nearly 9K...

measax Updated 

This is for an Elliott Wave education review. LTC is attempting to hit the .786 retrace from ATH and after several failed attempts could get there in the next 1-2 weeks. A 5-3-5 pattern appears to be happening to the downside in what appears to me to be the final leg of a very complex correction. The target of $87 isn't much lower and a spike below is also...

measax

This is for an educational review looking at trends in BTC. My sub wave count (smaller time frame 1-2-3-4-5 of c = 2 where 7500 marks start of wave 1) was invalidated, but the general trend is still very valid. Unfortunately, I won't get an A on the exam, that is ok. I had an alternate count with a higher C that and was feeling 60/40 on this, so I stayed away...

measax Updated 

BTC This is a short term look the 30 min chart on BTC for education review. Still, there is potential we are in a wave 3 of 3... of another 3 = 3 of 3 of 3. However, I'd expect more volume since it appears wave 2 might have completed with a C=A 1:1 fib ratio on the smaller sub wave. It looks like the Weekly MA is acting as resistance and the shorter time frame...