Zoom in for detail. Yellow lines represent volume profile POCs from VPSV as well as marked high volume nodes from the VPVR. Fibonacci Retracement levels also marked. Downtrend has held. VWAP (White), 200MA(Yellow) and 120MA (Orange) have all been broken and now act as resistance. As long as we do not break above the diagonal downtrend resistance, with...
Chart shows it all. Plus the current climate of fed tapering down and starting Quantitative Tightening and rate hikes to control inflation, which came in stronger than expected. Bullard speech later will be the near term a catalyst. Plus, of course, current Ukraine Russia situation showing no signs it de-escalation. If we break above the downtrend line, bulk...
I'm trying really hard to trust my gut and follow the sell signals shown on the daily but also feeling the emotion kicking in as BTC remains above £5000. I sold positions at £5100... Waiting for a retrace to 61.8 Fib Levels around £4600 - £4800 before re-entry, or alternatively a break above £5450... What do you guys think? Sit on my hands? Buy back in? *not...
COINBASE:BTCUSD Calling BTC to retrace to between 50 & 61.8 Fib level before resuming positions in BTC and Alt coins: LTC, ETH, ETC, NEO, TRX. What do you all think?
Inspired by @excavo's support and resistance channels. I believe we have completed the ABCDE retracement, comparable to the same pattern formed during April's lows and subsequent break out. Price could find support at 8200 - 8100, and begin a new upward rally. Lets go Bulls! *Not financial advice
Long term indecisive, short term showing buy signals. I do refer to longer time frames, and I know BTC is in the bears den, however, we may be escaping. BTC bouncing off moving averages. May hold above, or break below and continue lower. Alts are in recovery, only halted by BTC dumps... Good sign for overall market... could be due to the upcoming Consensus. This...
Hoping to find support at 8100 - 7800.
SRN supported by fib level. Top volume coin on Bittrex for the past week. Unbelievable volumes in fact. Super under-valued. Great team and project, one day soon all our cellphones will be on blockchain! Buy and sell levels on chart. Mostly posting this to see where it goes when you press the play button. #TechnicalAnalysis
continuation flag forming, due to selling pressures from BTC bearish pattern. Once bitcoin reverses, alts should find their feet. Waiting for entry.
We all know the mysterious power of the fib 61.8 level right? Looking for re-entry as illustrated in the chart. What do you guys think? Constructive criticism welcome - I've quit my job and I am trading full time for a month before I emigrate from South Africa to the UK, so suggestions are more than welcome! Happy trading.