At this point it would be unreasonable to call a top until it becomes more apparent. The overall trend is upward and we are about 4 months from that being a 2 year long trend. If we look at past movements we can see that this weekly candle indicates some support in the 3200-4000 range. The uptrend remains intact pending a breach of last weeks low. Of course we...
The current larger time frame trend on ETH is bullish. We had a healthy pull back and we've now formed a local bottom. ETH has broken the range of the last 10 days on the 4 HR chart and it is now possibly forming a support on the top of the channel. If there is an attempt at the recent all time high I believe that ETH will form a support around this area. The...
Descending triangle playing off a big drop on the larger time frames Looking for a potential test of lows, and definitely a breakdown of this pattern
We've been on a big run with AUDUSD We are likely nearing some volatility as we potentially form a top, that being said the ascending triangle is typically a bullish pattern Watching for a break to the upside here
It was a good week of trading on the AUDUSD pair All of the best trades made are highlighted in the white boxes This week has been very good for breakout resistance plays The previous short turned out to be a long on the ascending triangle as it played out bullish and broke the upper resistance, hindsight I shouldn't have been trying short the breakdown because...
Looking for a small retrace here, RSI bottomed, selling volatility near term peak Tight stop loss
Looking for a break down of the support here on AUDUSD Tight stop
Here we have a textbook ascending triangle, a very straight forward pattern I'm looking for more upside here, keeping in mind that the halving just took place, and we are coming up on almost two straight months of bull run. Of course patterns do not always play out as they should, but tend to be stronger on the larger time frames. Other considerations are that...
Hey look I've emerged from the abyss to post this really cool idea BItcoin's volume (finex, stamp, cbase, average) is the lowest its been on the weekly chart in 5 years! This appears to me to signal that there is no selling interest at this time and bitcoin will continue to trend up for weeks to come. Stay tuned, happy trading. Take a gander yourself by...
On the 4 hour chart if we break 9k we will see potential large upside on this entry. Watching closely as we approach. Many are waiting on the sidelines for confirmation on a larger scale.
The chart has followed a very distinct pattern. It appears to be following that same pattern. Seems easy enough to short here, but I'd be cautious about an entry until we break 9000 sat level one more time. As you can see the previous time we had one more hard bounce off of this level before the short was a solid play.
That's right the trifecta is at it again, and bcash is going up. This is a long, regardless of your political morals, or lack thereof. Watching to see how far this one goes. I could also see it falling flat like several of the past pumps, but a pump of similar magnitude to the large two seems more likely as we retest this significant price point. Stay tuned....
MACD cross signaling change in momentum 385 MILLION traded in the last 24 hours (Bitcoin's current 24 hour volume=515 Million for reference) ETH has 5x times smaller market cap than Bitcoin. It has tripled in the last month alone. If ETH hits passes ~.0372, look for potential big moves to the upside
Judging by the most recent leg up, it appears we are approaching another entry point. Indicators appear to match up so I'll be looking for similar behavior here. Watching very carefully for now.
LTC has been running again recently. As it approaches recent highs I will be watching closely to see if it breaks through. I will be adding to my position if it breaks the ATH for a shorter term long to catch the next leg up. Stay tuned and keep an eye out for those important levels at the red resistance lines.
I don't think I'm alone when I say I'm bullish on BTC. Here's my shorter term prediction. Potential small turnover with a rebound slightly above $1000 and then onward march into ATH
What do you get with XRP and a little bit of Pyramid Sauce from @hanzeholdinworth? This chart. Can't say how high it will go. I can say Clif High's web bot has XRP manifesting legs over "late april". Thanks to @hanzeholdinworth for the beautiful chart idea, hopefully I did it justice :)
Looking like ETH is going to continue on through its April highs Watch Closely - red is resistance