solargod

solargod

BINANCE:BTCUSDT Well defined support/resistance at 6852 and 5740. Currently appears to be forming the right shoulder of a HS pattern. Within that formation of the right shoulder if you look at a 15 minute view is a well defined pennant. So many ways to move here. The HS pattern says we should test the bottom of 5740 once completed. The pennant unfolding...

solargod Updated 

Soooooo much important info in this chart. We've just broken out of a 1200 point consolidation range off of a double bottom. (blue line) So there's that. We just broke out of overhead resistance (down sloped yellow line) from 12/17 and 5/4. So there's that too. We've just made the first of a higher high in a couple of months. That's no 3! Yay!!! ...

solargod Updated 

BITFINEX:BTCUSD The first chart is a 15 minute view of what the last 8 hour run looks like at the sloped yellow overhead resistance. Two big green up-bars. Looks great! Well, let's look at the daily.

solargod Updated 

COINBASE:BTCUSD I'm leaving this as a neutral call, because direction has yet to be determined......but we're certainly at a juncture. You can see from the snapshot that we have crossed but no close above the downtrend line. It's a line in the sand. The line connects the all time high on 12/17/18 and the more recent 5/6/18. If you watch RSI, look at a daily...

solargod Updated 

BITFINEX:XMRUSD Prett straighforeward here. A pennant which you can see is forcing price to bounce like a balll. It's either going to higher, or lower once we push through or support/resistance. Because we're in a downtrend, I'm anticipating a short......if not.....it's going higher. There's much simplicity in that. If the short takes hold, targets are...

solargod

POLONIEX:LTCUSD Descending triangle which is an indicator of downward pressure. Current price is $164.......overhead resistance 177. How many times have you had a great setup that you didnt take because you missed your entry by 1, 2 maybe 3 percent? This is an excellent risk/reward scenario with initial downside target of 105 which is solid underlying...

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POLONIEX:DASHUSDT I like these kind of trades because your stops can be very tight. You can see we're hitting major overhead resistance put in on 11/13, 2/5, 3/14, 3/22 and the 3 showing currently on the chart ass well as today. Indicators show we've put in a top, with divergence, as well as a bullish flag with the top being higher than the flag...

solargod Updated 

BTC/ BTC rolling over after the big runup.......possibly a shortsqueeze? We were stopped by overhead resistance which was put in place by connecting 9/14/17 and 2/6/18.......amazing how this stuff works. Goal is underlying support of about 7400 or so depending on how long it takes to get there as support is downward sloping.

solargod Updated 

ETHBTC Traditional bear flag and just an epic short setup. I love waiting for just he right trade and keeping stops tight. 4 days of of hugging the top of the flag with immediate underlying support. Short here with a stop just the other side of the line. Wanted to post before it unfolded (for the TA skeptics).

solargod Updated 

BTC is clearly breaking down. The very first arrow was put in place (you can see it from my previous post about BTC) and look how many times is was tested (see other arrows) before finally falling like a knife (left pointing arrow). Aaanndddd we've also broken the underlying horizontal support. Pretty boring stuff......but simple and true.

solargod Updated 

POLONIEX:XEMBTC We just broke thru overhead horizontal support which was tested many many times as well as broke up thru the downtrend line which both have been tested with success. We're also coming out of an oversold position. Going long here would be safe with an exit of the underlying upward support line Ive drawn.

solargod Updated 

BITTREX:ETHBTC ETH is breaking out of a downtrend put in place bu the high on 2/1 then the peak of 2/26. The 4 hours has closed above the downtrend line, daily has not. Safe easy trade here. Immediate buy with a stop if we cross the uptrend support line.

solargod Updated 

COINBASE:BTCUSD This is my first post so I hope the chart comes up to see. And this is for all the noobs that say charting doesn't work..........and the sky's not blue. SMH The inverse head and shoulders has completed. The Double top has been confirmed and is now breaking down thru from support put in on 1/17. The white arrow marks the top of the down...