R3c0nTrader

R3c0nTrader

I see what used to be resistance line has recently turned into a support line at around 22,000. Volume profile analysis confirms this. If BTC can close above 25,214, the next target would be 27,700 and 31,303 after that.

R3c0nTrader

Created this about week ago and the price decline we are seeing now has currently bounced off the first yellow trend line. I think it could possible move down further but by end of 2023 I remain bullish.

R3c0nTrader

Not sure but I think VETUSD might go up based on similar pattern that was seen in Dec-2020 and the Ranged Volume indicators.

R3c0nTrader

Wave theory states that every trend has 5 waves. 3 impulse waves and 2 corrective waves. I count 2 impulse waves and 2 corrective waves. Looks like we will find out soon if we see one more impulse wave.

R3c0nTrader

Bearish short-term; Bullish long term. For ETHUSD, I see 4 bases of support under the peak. It is possible it recovers at any one of these lower support bases. It is also possible it drops to Base-1 before it recovers. I think it may reach Base-2 and then bounce up to Base-3 shortly afterwards. I could be wrong but looking at other parabolic moves, it is...

R3c0nTrader

Bearish near-term, and Bullish Long-term. BNBUSD has made a nice parabolic move to ATH of 347 and has recently been trending down. Where can it go from here? In my view, I see 4 bases and 3 of those could be where this ends up at before it recovers. After peaking, parabolic curves can drop as far as the first Base of support before recovering. Wherever it goes,...

R3c0nTrader Updated 

I have been testing some ideas new to me such as Gann box and using it together with the Viper Volume Profiler with a 4hr chart. I also found some patterns in the "OBV MA Crossover". I noticed a spike in selling volume which precedes a major larger spike in selling. I seems pretty consistent, 11-bars on a 4hr chart after a minor sell off, there is a bigger sell...

R3c0nTrader Updated 

Posting an updated view of my chart for ETHUSD to be used as part of my last post. I have added additional comments and analysis on the chart showing the signals I look for. I look for signals that occur in the "OBV MA Crossover" (tool appears as 'vb_VF2EMA' on my chart under the candle chart). On a 4hr chart, when I see spikes to the downside (there the dark...

R3c0nTrader Updated 

When the Fast Red Line which is the 20 DMA (10-Displaced Moving Avg) crosses over the Slow White Line which is the 30EMA, this can sometime indicate it is time to reduce and possibly sell short the underlying. When this TA is applied to AAPL's bearish moves going back to June-2017, we can see we get the signal to reduce our long positions or get into a short...