


We are in a health consolidation mode as per BTC. Observation: Bullish trend (short term) 1 hrly Candle sticks are above EMA 50 and 100 range, plus cross over over, indicating BULLISH RSI in 1 hrly overbought conditions Double bottom completed for a reversal Volumes are appearing to return and at this moment, dropping off due to the...
Observations: 1. Obviously bearish trend 2. Looks like a downward wedge > looking at 136 as the major support. If that fails, volatility between 110 -145 range at the bottom for the coming weeks\months. This reflects BTC 3k to 4k range. 3. Pay attention to the volume. We note in YELLOW when we had a bullish trend in the 6k range. If we are to have the bottom or...
Observation: Still below EMA 10 and 20 which will act like a resistance Volume low as expected because everyone is now looking at low 5K as for possible entry. RSI over 80% We have higher lows on the 1 hrly and 4 hrly RSI Daily candle states we are oversold. But RSI is not reliable in a bearing trend. 5765 is the next major resistance. My thoughts: I feel we...
Just looking for any potential pattern. If there is a double bottom, then it increases the chances of a break out. Let keep an eye out for the coming weeks for going long.
Observation, descending wedge however we can see potentially 2 points for a reversal. The good thing is the descending triangle that past, was indicating a further drop. However just like ETH, its breakout was up. A good sign. I think with the recent announcement for Cardano Foundation CEO resignation of Parsons could only be a good thing. If your going to go...
Looking at the trend since last year NOV., we can see clearly a down trend. Pay head to the decending triangles. We have 2 that started and broke down further. But the 3rd, across Sept. Oct. and Nov. has a break in form and went up. This is significant to say that the trend broke and the sideways trading like BTC has started. We can see slight lower highs (as...
To be honest, I thought there was no point in the past few weeks to publish anything because of the charts were not giving anything to go with. Hence I stayed away. Many people publish the "if this happens or that happens, then this is to be assumed" or still stating the long vision...Durrrh. No kidding. It is does not help for the daily trader or weekly...
Observations: We have lower highs of late We have not had a higher high, we are waiting for the daily green candle to pass the previous green hight of 6838 We have immediate resistances, horizontal resistance, wedge resistances and trending resistance The pressure is downwards (selling) with the higher lows but the lower highs give the bulls a chance towards the...
What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines. Observations: BTC - has more downward trend and the weekly BTC charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction (like a symmetric triangle)....
What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines. Since bounces happen very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short. Observations: BTC downward trend but the weekly charts show since August we...
What is the price for that hard drop to be followed by a bounce? I'm posting up the price range from a historical perspective and recent support lines. Observations: BTC - downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction. EOS like NEO is move alike as per BTC,...
What is the price for that hard drop to be followed by a bounce? Im posting up the prices from a historical perspective. Since it happens very quickly, one must put the buy price in before it happens and then sell at the bounce top for a quick short. Good luck
As you can see the resistances and support over the month of September. We have hit the overall merging wedge upper resistance and horizontal resistance. We also have rejection at these resistances and have on the 4 hrly chart higher lows which will indicate the easier path is downwards. Its anyones guess what will take place next because XRP has driven this bull...
Observation: - The RSI (4 hrly) is currently well above the EMA\MA 20 - MACD is in neutral zone - Important resistance levels: $0.62, $068 and $0.79 - Important support levels: $0.52 and $0.58 - 6 hrly chart, healthy pullback (over the weekend) - very high volume in buys and sells - Volume selloff lower, over the weekend - have green candles to create...
1 day candle sticks show we had a healthy pullback and have not yet reached the peak for a reversal\sell off (on the RSI). We have not hit the few major resistances I'm still bullish as 7000 is the expected target before a reversal. Take note of the RSI chart and its peak coinciding with sell NOTE: I'm using my new wide screen to accomplish more details into...
NEO has had a hard pullback. 4 Hrly chart indicates we have had higher lows and is bearish. However we have not hit the peak resistance for this period of bull run which is above 20 but lower than 21. The volume has dropped off the green candle sticks probably because its a weekend. Next week will be volatile and it will be interesting to see if we hit the peak...