quyverlander

quyverlander

Strong bullish divergence clearly visible on the 4hr chart, price is coming down to test the local lows/support zone (12950/13150). Clear invalidation below the local low and trend line 12870/12940, and first TP target is around 13750 - this could be a great long opportunity.

quyverlander

1) 13850 support held and downtrend broke 2) 14350 resistance held temporarily 3) Price broke up towards 0.618 fib retrace level where it rejected. 4) 14350 then acted as temporary support which broke 5) NAS100 is trying to bounce/find support around the previous 13850 support level. If the 13850 level holds I think over the next couple of weeks we will make...

quyverlander

Yesterday (March 16th 2022) the FED announced a 0.25% rate hike, following this news there was a quick selloff in stocks with the NAS100 index down a little over 2% within 30 mins of the release, but a sharp rebound allowed NAS100 to finish the day up over 4%. Although we have seen some decent gains this week we are still below the trend-line resistance and are...

quyverlander

Although this structure is far from perfect due to the lower line being violated multiple times, its formation has been going on for over 4 years now and has also been respected many times, and this structure is still in play due to the fact that there is no significant break to either direction, yet.. LTC/ BTC is approaching the end of the apex and will soon...

quyverlander

Bullish on Litecoin (and the altcoin market as a whole), anticipating the altcoin market taking off within 1-6 months. From a TA perspective there are several reasons while Litecoin is one of my favorite altcoin picks at the moment: 1) Within a falling wedge pattern 2) Bullish divergence 3) Sitting just above major support area (great RR opportunity) 4) Well...

quyverlander

In the past 2 months there have now been 5 clear bullish divergences (price pushing lower with less momentum). 4 of them successfully resulted in fairly significant bullish moves, now just waiting to see how the 5th plays out.

quyverlander

Potential bullish case for Bitcoin based on 2 key factors: 1) Very similar price action to the last year, mainly referring to the Head and shoulder formation which preceded the run to ATHs. Yes a Head and Shoulders pattern does indicated a bearish reversal, so the important factor hear is that bitcoin rejects the pattern at/around the neckline once again; 2)...

quyverlander

After a surge following the Fed interest rate decision and FOMC conference, price has gone on to test the final major resistance (16458) before the ATH. The 20, 50 and 100 EMA's are converging around $16150, from which we are rather overextended. I think we will fail to close above the 16458 resistance and move back towards the EMA's (16150) for support, and...

quyverlander

Bitcoin is currently bouncing off the 0.618 fib retracement level and has formed bullish divergence (seen on 1hr & 4hr chart). Expecting a move towards the white trendline, however with the Fed rate decision and FOMC conference tomorrow I expect there will be a lot of hesitation and volatility in the market, and wouldn't be surprised to see Bitcoin take one last...

quyverlander

After having fallen 7.36% from the ATH (22nd November) to the local low (7th December), NAS100, along with the stock market as a whole has been rapidly making its way up through the retracement levels with NAS100 now sitting just below the 0.702 fib retracement level. It looks like price is going to move sideways between the 0.702 and 0.382 levels awaiting the...

quyverlander

Bullish divergences appearing on the 1hr chart, potential long trade op with decent risk/reward. If we break down below 15760/15780, I would expect a deeper move to the daily 100EMA (15400).

quyverlander

2017: 2 weekly candles just above the 20EMA, the 2nd being a doji, followed by a 'hanging man' candle that wicks into the 20EMA. The following week we gained 215%. 2021: 2 weekly candles just above the 20EMA, the 2nd being a doji, followed by a 'hanging man' candle that wicks into the 20EMA (this week). The following week we gain..? OK, this is not quite...

quyverlander

Over the next 2-6 months I expect the price of many altcoins to take off, marking the end of the current bull run / market cycle. In the previous 2 cycles (ending 2013/14 & 2017/18) XRP was one of the best performers, and I believe it will be again in the coming months (with or without any progress from the SEC case filed against Ripple). To try an identify just...

quyverlander Updated 

Approximately every 4 years comes the 'bitcoin halving', where the reward for mining bitcoin is halved with the goal of preventing an exponential increase in the amount of bitcoin in circulation 'capping supply'. As history has show, after each halving comes a bull run.. Halving 1: 28th November 2012 Halving 2: 9th July 2016 Halving 3: 11th May 2020 Halving 4:...

quyverlander

Price currently testing resistance around $15,400 (resistance previously shown at this level on both the 25th August and 27th September 2021). Bearish divergence as shown by increasing prices along with decreasing momentum (referring to the RSI) With the 200 hour EMA currently as low as $14,999, NAS100 looks over-extended. I believe NAS100 still has a long way up...

quyverlander

Price action looking very similar to mid may when be broke out of a inverted H&S reversal pattern. Will be looking to buy dips around the 0.382 fib retracement (approx $14,900), if the opportunity arises. Short-term goal will be the 0.702 around $15,300

quyverlander

Over the past 2 weeks, XRP along with the rest of the crypto market has been carrying out an ABC correction, from the local high ($1.41) to the current C wave low ($0.86). While it remains possible that we still need to move lower to mark the end of the C wave, RSI has entered oversold territory on the 4hr chart, and is now reflecting bullish divergence, providing...

quyverlander

BTCUSD forming an inverse H&S pattern on the shorter time-frames. A break of the neckline should send price back up to test the longer term 0.618 resistance level ($51,095)