moorbles

moorbles Updated 

Wondering about the same patterns repeating here to drive ALGO on for another push. Bull pennant fakeout on bearish divergence (the most recent was largely down to the latest BTC dump), drop and test of 200 4hr EMA (blue), inverted H&S at that level then push on up to another higher high from there. I plan on trading this idea and will be entering around this...

moorbles Updated 

Liking the look of this chart. The daily had a bit of a pump yesterday and closed above the all moving averages (12, 26, 50, 100 and 200) plus the 50VWMA (stepped purple line). Lunyr's been spiking upwards regularly in its consolidation/accumulation phase before retracing back to the ascending support line. Now that the MAs have been cleared they should provide...

moorbles Updated 

ADA sitting at range lows (close to all hope being lost if you read some commentators) in an ascending triangle. Plan is to ride it up to the top of the range, compounding profit along the way. Targets marked, maybe it even breaks out of the upper range resistance this time? S/L below the current ascending triangle. Recently made another play almost exactly the...

moorbles Updated 

Lots of good looking signals here: MA convergence Ascending triangle (with a few recent swing fails below it, most recently a loss and reclaim of the 100MA IF today's candle closes above it) Some very good looking gaps above immediate resistance Stoch reset and potential bull cross (RSI is not shown but at decision point, hovering at 50) Volume spike...

moorbles Updated 

Based on recent price action... Everything's noted on the chart, but essentially we potentially have another IHS forming at the moment (see the prior one marked up), where the right shoulder is possibly being suppressed by the 12MA into the bid zone (1180-1210). If it plays out it should bounce around there to a breakout and retest of the neckline for...

moorbles

Running this idea to test an observation. If this is right, an ETHBTC trend reversal is stirring up, might be aligned with bullish rumours on ETH futures and the block reward reduction from 3 to 2 ETH. Target for the falling wedge should be the level at the end of the arrow. Let's see if it does the thing.

moorbles

Might have a rising wedge here, maybe also some exponential support on the current trend. Logscale 1 day chart to track progress.

moorbles

3day chart, logscale tracker for ETHBTC ratio. Flippening line marked at 0.177

moorbles

Just to check progress to end of 2019.

moorbles Updated 

I'm just learning TA, so I post these more to see how my ideas play out than inform anybody else's thinking. Please tell me if this sounds like a load of misinformed BS. Looking for the next leg up to land in the €560-€570 range. It all seems to currently be coming back to that magic number of 1.618 - the One line of this fib retrace is drawn from the support...

moorbles Updated 

Was just noodling around on the ETH chart, and it suddenly struck me that the initial leg up in the last bubble is showing a very similar pattern to the one that we're in right now, with RSI, Stock and MACD also seemingly repeating history too. I don't believe we're about to bubble up again for a single minute, simply wanted to put this up to see how it develops...

moorbles

Drew a little fork on a log scale chart to map out likely prices for ETH to 31 December 2018. Assuming the current trajectory holds, this is what I came up with. Let's see how the rest of the year goes.

moorbles Updated 

Just doing some comparison here. The ETH shorts channel points down.

moorbles Updated 

I'm not convinced we've been through despair yet. This falling wedge is quite interesting though, and if BTC pulls through 9k, I guess the picture changes. The RSI is as oversold as it's ever been, and continues to be, unlike previous crashes. So, there has to be some kind of uptick there soon. But, there might be one final drop into the pit?

moorbles

Another long term log chart, this time it's ETH - which, like BTC, is mostly a continuation pattern of bull flags going back in time. How you choose to determine the current trend is up to you, a series of bear flags? Or one big bull flag?

moorbles

Where are we on the Bitcoin/crypto journey? This log scale chart roughly guesses at different stages on the Gartner hype cycle. We might still be on the way up to the peak of speculation, we may have peaked, and the chart also imagines that this asset class might continue to grow more modestly than it has previously done, up to September next year. And maybe...

moorbles

There's blood in the streets, and the smell of fear, we may even be witnessing capitulation. But it never lasts that long. Unless this really is the end of crypto this time - we've all heard that one before. This is just a rough little sketch on the zoomed out weekly (log scale), Apart from the Mt Gox prolonged bear market, with some big bear flags in that...

moorbles

Been looking at this for a few days now, and put up a previous idea on it. This chart has been updated to catch the low of 15th March. I've seen others also looking at this wedge, and looking for the price to bottom out at $7200, but on log scale it meets a long term rising trend at about $7400. I guess this is one scenario out of several possible. If the wedge...