shawnteoh

shawnteoh Updated 

Read about Elliot Wave recently and decided to try it on BTC, surprised to find a rather nice fit here. Looks like it is in the last correction wave (C). The correction waves form a triangle, and volume is compressing, showing tighter consolidation. Seems like an explosive move will happen soon, unfortunately there is no clear indication, price could go either...

shawnteoh

Rising wedge spotted with decreasing volume, looking for short entry once: Breakdown from lower trendline Below current support TP at next support. Setting a rather tight SL here due to the uncertain market conditions recently.

shawnteoh

Inverse Heads & Shoulders observed at 1H, pending confirmation: Breakout and retest triangle Breakout from neckline

shawnteoh

Trying out a classic Bollinger Bands + RSI strategy: VET crossed the lower Bollinger Bands and RSI oversold at 23.18, bounced off support with good volume and showed signs of recovery after. Have always been keen on VET cause the fundamentals checks out with real and implemented use cases. Binance Earnings accepts VET for flexible savings too, plus bonus airdrops of VTHO.

shawnteoh

Divergence confirmed, reinforced by strong buy candle (above BB mean), to start looking for long entry.

shawnteoh

Slight divergence observed, require strong buy confirmations for buy entry or else overall trend is still bearish