quantguy

quantguy

Ethereum has blasted off to highs, finally pausing just below $4450. We saw strong support from $3861, and are currently just below $4400. From here we are likely to retrace a bit, and should find support at $4258 then $4020. If we retrace teh entire move, then $3861 should continue to provide strong support. If we are able to break out again, then $4450 is...

quantguy

Bitcoin has found strong support in the high $50K handle and has regained the $60K's. We are currently facing resistance from $61.6K and $62.4K. Several red triangles on the KRI are indicating strong resistance here, and the Kovach OBV is still very bearish. It is likely we will test lower levels again at $57.7K and $56.8K, but if not, we have a vacuum zone...

quantguy

Stocks have paused their rally, establishing value near all time highs. This is a clear sideways correction to a strong bull Elliott Wave impulse that we saw starting in mid October. From here, we can expect the S&P to range until further momentum comes through. If we correct further, expect support at 4545, 4521, or 4504. If we break out, there is a vacuum...

quantguy

Litecoin found support just above our level at $174. We identified some green triangles on the KRI here, which suggested the selloff was temporary. We have since regained the $180's and are in the value area between $184 and $191. We anticipate some ranging, but if the selloff persists, we anticipate more support at $174. The next targets are $195 and $202.

quantguy

Ethereum found good support in the upper $3K handle. We loaded up here thinking this was a bargain price for ETH. In particular, we found great support at $3861, the level we called out yesterday. Since then, Ethereum has rallied, regaining the $4K handle with ease. It is currently in the vacuum zone between $4020 and $4258. We anticipate some ranging in this...

quantguy

Bitcoin found support after breaking through the $60K handle. We saw great support at $57.7K, and regained footing in the $60K handle. BTC is currently hovering at about $61K at the time of this writing, just below our level at $61.6K. We have two levels of resistance here, and are likely to range until further momentum comes through. Further support should...

quantguy

Stocks have paused their rally as we suggested yesterday. We have found support just above 4545, as confirmed by a green triangle on the KRI. The Kovach OBV is still strong, but has curved over recently to reflect the pause. We will anticipate further support at 4521 and 4504. If we can muster the momentum for a continued rally, we will need to break 4580...

quantguy

Litecoin broke out from its consolidation pattern at $195. It tested $202, the next level above, but then dipped sharply, smashing through $195. It finally found support just below the next level at $184. The wick of the candle extended down to $174, but we appear to be equilibrating in the mid $180's. We are seeing a green triangle on the KRI around $180,...

quantguy

Ethereum dipped sharply to test the very lower bound of the $4K handle. We are seeing support just below that with a green triangle on the KRI. If we continue to dump, then we will have support at $3861, then there is a vacuum zone to $3646, where we should see strong support. If we are able to press higher, the next target is $4258. We anticipate ETH to...

quantguy

Bitcoin has dipped further, breaking down from the $60K handle. We broke past $59.4K, the first level in the $50K handle. Currently, we appear to be finding support just above $57.7K. The Kovach OBV has dipped significantly, registering the selloff. We are seeing a green triangle from the KRI to suggest support, but if not, we anticipate support at $56.8K, and $55.7K.

quantguy

Stocks have inched above the upper bound at 4580 to achieve new highs. However, the S&P 500 has pulled back slightly as we have anticipated yesterday. This appears to be a technical retracement as the S&P pauses for air after its aggressive rally. We expect support at 4564, 4545, then 4521. Our next target is 4632. The Kovach OBV is still really strong, but...

quantguy

Harmony one has been rallying all week, continuously making new highs lately. This is a project we have been following since the $0.10's. It is a great platform with a lot of potential. The team includes ex Google data scientists and the network boasts sharding and extremely low transaction fees and more. They just released the ONE wallet, which authenticates...

quantguy

Litecoin is ranging, maintaining the $190's. It has found support $184, the exact level we identified. Currently we are holding a very narrow range, so watch for a breakout soon either way. We should see continued support at $184, but if not, there is a vacuum zone down to $174. The Kovach OBV has dipped notably, so we need more momentum to come through before...

quantguy

Ethereum is outperforming other cryptos due to exuberance over the next network upgrade. We are currently testing $4258, which is the last level before highs at $4380. If we can break out, the next target is $4450. The Kovach OBV is rather flat, suggesting there is not a lot of momentum to this move, and we may anticipate some ranging at current levels. If so,...

quantguy

Bitcoin has found solid support in the low $60K handle, and gotten meager lift to the $62K's. We are currently seeing support at $62.8K. The Kovach OBV has flattened, which suggests we may see continued ranging. Watch for Bitcoin to establish value between $61.6K and $64.3K. It will take some momentum to take us back to highs at $66.3K. If we can muster the...

quantguy

Stocks have rallied for the fourth day in a row. They have gained strength off earnings and the potential of the Fed keeping interest rates unchanged. We are seeing some resistance at all time highs as identified by two red triangles on the KRI. The next target is 4632, but we are likely to see a pullback first. The Kovach OBV is still very strong, but at this...

quantguy

Litecoin has retraced sharply from highs in the $200's, just above our level at $209. Support in the lower $200's held briefly, but we have since retraced back to the $100 handle, currently finding value in the $190's. We are facing resistance at $195, a level we have highlighted many times. If current levels don't hold, we should find support at $184, but if...

quantguy

Ethereum has retraced from highs, but is still seeing strong support in the $4K's. We dipped as low as $3861, but are currently forming what appears to be a bull wedge with an upper bound at $4200 or so. The Kovach OBV is a bit stagnant, but the chart looks overall bullish, despite the pullback. We will face resistance at $4258, but if we can clear that, the...