biffbifford

biffbifford Updated 

It looks like a squeeze play hit ETH to drive it south but was met with some buyers. This is good demonstrate support. I have not made a chart on ETH for a while because there has been no defined trend. We have been consolidating between R1 and S1 as seen on the chart. Now we are trading the lower channel below the "Perceived" dotted Primary trendline. The chart...

biffbifford

I have expanded the chart for a micro view of BCH on the 4-Hr timeframe. You can see the rounded bottom failed; broke thru and fell: Bearish . A Primary trendline (Orange Dotted Trendline) has formed with 3-data points: Bearish Below the Primary Trendline is a green uptrend line; commonly called a Pennant formation, wedge, or flag, depending on who is...

biffbifford Updated 

I have looked at LTC on the daily, 4Hr, and now the Hourly trying to find a setup. Something to wet my beak! Nada, nothing stands out with the exception we have been in a range since December 20, 2018. The Primary Trendline has been breached and now the dotted Trendline is only a reference but should act as resistance on a move up. I am seeing a strange Head &...

biffbifford Updated 

We called the volatility squeeze within one candle of it happening. I was feeling Bearish but optimistic. Nevertheless, the length of the breakout met the criteria I laid out in my previous analysis. Please note that my charts are correlated to the 4Hr timeframe and only forward-looking a few days. A week at the most. I like to stay somewhat updated on XRP as it...

biffbifford

I threw this up quick so please don't mind the colored triangle. IMPORTANT: We have a double bottom as seen by the two green arrows and clouded circles. We are also nearing the lower green channel trendline. That is where I am looking to go before I even consider buying this DOG. I need a 20 percent swing trade so if I can buy at around the $3400 level, I would...

biffbifford Updated 

It sure looks like we are running right smack into a volatility squeeze! So, let's have a quick look! The dotted Primary Trendline has held since December 15, 2018. We have 3 data point's on the overhead green line we are squeezing against. You can see the two green downward green trendlines indicating a Bearish longer-term trend. You can see a pennant formed...

biffbifford

****YAWN**** After analyzing BTC, XRP is looking almost the same from a geometric pattern perspective. If we break lower I am BUYING MORE. This is no doubt my favorite Crypto because of its utility. This looks like a continuation Bear flag. They usually break about the midway price point; we are so heavily correlated with BTC that we are gonna move with BTC when...

biffbifford

I had been working on this chart for a long while looking for any trade setup. Took a shower and drank some milk, and noticed the theoretical Primary trendline I drew was validated with another data point, putting ETH on my radar again. The theoretical trendline is not dotted as per my usual style but is holding thus far. Let's delve into the technicals! We are...

biffbifford

As usual with most cryptos, we get blown up and deflated soon thereafter. As you may know, XRP is one of my favorites and any chance we can pull back to new lower lows, I am always looking to hold more. Outlook: Neutral -- We are range trading waiting for something to happen that will drive XRP to $.50. I noted support at the .786 fib level. The pull-back is...

biffbifford

We hit the downward solid trendline and resistance area previously noted. Always watch my trendlines as they statistically hold as support and resistance levels. Not because I am a genius, but because these areas are used when programming trading bots and used by people like me to enter and exit a trade. There is nothing special here but a move with the broader...

biffbifford

Did you take my advice from my last BTC chart and buy on the lower trendline? I know I didn't have the guts to do so! If you did, congratulations on a nice short-term swing play. Is there more upside -- your guess is as good as mine, but we can a look at some price levels of interest. 1. $3571 was the suggested buy level for those with high-risk tolerance. 2....

biffbifford

Out of nowhere ETH just rips NORTH! Stay tuned for more in-depth analysis! Biff

biffbifford Updated 

I have been on appl Short-Watch since the price collapsed believing there is more room to head south. Finding a decent entry point is the hardest part. This chart speaks for itself and is my trading idea. I haven't decided if it will be n option play or a straight short entry play, if all goes as planned, of course. Please note -- This is just an idea with the...

biffbifford

I am long TEVA and feel we are a bit over-extended on price action North and hoping for a pullback to $17.80 or lower to get more (If not, oh well). I have a $21.00 price target (3-weeks) timeframe. Let's see if there is some profit taking to bring the price action down to the level mentioned. This analysis speaks for itself -- the chart display's a V-Bottom on...

biffbifford Updated 

LTC moved negative with the broader crypto market. I highlighted the Inverse Head and Shoulder pattern, something I have failed to note in my prior analysis because I was focused too heavily on trend analysis. I have moved the Primary trend line to coincide with a Perceived new trend and channel forming which is easily seen on the chart. We are likely to fade...

biffbifford Updated 

As you can see from the chart the 4-Hr has developed a rounded bottom. In a perfect world, we can predict future price action to go higher by doubling the width of the semi-circle for a short-term price prediction of around $147.xx. And, of course, we could just trade right thru the semi-circle for more consolidation! In this crypto game, anything is possible,...

biffbifford Updated 

Well, this looks like a Bearish Ascending Triangle. What's troubling me is not enough data points on the base of the triangle, so this is perceived on the 4-hour timeframe. Outlook: Well, Bearish it appears. In this crazy crypto-world up is down and down is up, nevertheless, I have formulated a strategy that appears simple enough to me. I have located my...

biffbifford Updated 

I hate BTC! It has proven to be so manipulated that it has become just a reference tool to analysis the alt-coins. As price lowers I feel miners squeeze the volatility out of BTC and push the price action North and BOOM liquidation occurs almost immediately. Suffice it to say charting BTC is an ambitious endeavor at best! I conclude that SOMEBODY wants to drive...