BTC is in another Rising Wedge with whales trying to push through resistance. Due to this, it's best to have a neutral hedged position. A short position with a tight-stop and a low-leveraged long without a stop. I say no stop because we're very bullish and even if we do retrace down, the price will just come back up as soon as the Daily Stoch hits the...
BTC Finaly has reached the top resistance of the Symmetrical Triangle created from yesterday's rally up. The 4H is Overbought with Divergences showing on the Hourly + lower time frames. As previously stated before, the StochRSI for the daily looks like it needs to hit the bottom before we fully launch up for our next rally to 11K, with that being said it looks...
VEN (VeChain) has a very strong chart showing. Recently it broke the Symmetrical Triangle towards bullishness and is now challenging the local 'Double-Top' resistance. If it breaks this, which seems likely, then we should see a rally up to the next resistance levels where it could retrace and find support on the current channel's resistance (turned support). Once...
BTC tried to do a Diamond Reversal overnight but was rejected by strong bearish resistance. It now creates a Rising Wedge and looks to break the Symmetrical Triangle's support dropping further for a good Short trade. There are 3 levels below to take profit from, obviously the lower it goes, the higher risk of a bounce being possible. Remember that the 4H is still...
Title says it all... watch out for skatin Barts.
BTC is now in a Symmetrical Triangle. Noobs will say this is the end of the rally, but I think we've got more upward space, this is just a much needed retracement after such a strong push upwards. Anyways, the 4H and 1H StochRSI are showing Oversold + we're seeing some Bull Divs on lower timeframes. As previously stated, I think we need to wait until the 1D Stoch...
This is why I consider myself an aggressive daytrader. Longing the neckline on a hedged position. Closing @ Right Shoulder + adding onto my short on Swaps at the right shoulder level to get a better position for this sweet funding + to ride the Head and Shoulders down for more profits.
Not only is there the Rising Wedge, which is still at play, on BTC but I have also noticed a Bearish Gartley Pattern. I thought the market would be bullish due to what seemed like a 'Stop-Hunt' yesterday (the massive wic) but there has been circulation that supposedly it was BitFinex's system in play to equalize volatile spikes. With so many bearish & overbought...
BTC is showing some high 'Overbought' indicators on the higher time-frames, however is oversold on the smaller ones (15M). We're also seeing a Rising Wedge pattern at play. My entry into a short position will be the 'Double-top' of the previous high with a stop above the resistance of the Rising Wedge incase it breaks up to a running wedge. However, I think we'll...
Last night I drew 2 lines to see if WAN will continue up and hit the key resistance, it did... Now, it is on the support of the Rising Wedge. Take profits & re-enter back at a better price for some quick daytrading gains.
WAVESBTC Has broken long-term resistance with a sharp spike in volume on the breakout. It's also breaking a key Fib Retracement Level which all signifies to a nice bull-rally coming on.
XLMBTC is showing signs of a C&H pattern breakout similar to that of TRX's breakout rally. However, due to low volume, this breakout may not be well sustained, so make sure you set a stop-loss in case it rejects and pulls back. Although the Volume of the C&H doesn't match the pattern, we still get a clean saucer with some sideways accumulation for the 'Handle'...
Ascending Triangle about to break out on ETCBTC. We are completing a saucer too which looks very bullish for the short term.
Hello World! My nickname is 'Wolf'. I was a fairly popular #Crypto trader on Twitter reaching over 130K Followers before getting banned from the platform for trolling to much. I have since 'rebranded' to a more professional image and have left the Twitter-verse to branch out onto more social media platforms such as TradingView, Facebook, Discord, Telegram, Twitch...
Hello World! ETC is showing a Bearish Divergence, plus it's hitting resistance of a Rising Wedge with a strong level resistance above. I don't think we'll see it moon any time soon. Like the rest of the market, I believe a retracement is in order. I'm looking for an entry into 0.618 Fib Level to get a good position in that I will HODL for the coming months. If...
Hello World! Quick little analysis for you. Again, I believe that BTC will retrace soon, and with it the rest of the market. ICX hit a double-top which made it oversold and triggered a retracement. I think this will continue to the 2nd uptrend support & 0.618 Fib Level. This should create a nice size for a 'handle'. Upon completion of the pattern, my target would...
Quick little analysis on Bitcoin Cash for Daytrading. Shorted BCH near the top of the Rising Wedge. It broke bearish but there are some bullish divergences + oversold indicators on lower time frames. Higher time frames are obviously showing overbought indicators with TD9 on the daily. I believe that BTC will be retraces soon and with it, the rest of the market....