Hello again my friends, I was asked again if I could help one of my discord members, he asked if I could help him with an EOS chart :) Here`s what I call a safe trade, let's see how this plays out over the next week with only 3% risk on investment and opportunities up to 25% I have today received a number of new indicators that I will try out for...
LTC 4 hour RSI similar to BTC as we approach historic bounce levels in the low 20s. Watching for the potential of another flush down and climax to signal the bottom being in for the morning. When the bounce does begin playing out, we will need to be cautious of a potential 4 hour bear flag if RSI cools off. This has been a tricky trade that requires a lot of...
ETH is on bounce watch with the rest of cryptos while we look for BTC to set a bottom this morning and see the 4 hour oversold bounce. The tops are in on the weekly charts to set lower highs, and daily consolidation is likely for the next week+. I personally have been very active on this dump last night into this morning with entries, scaling out small profit,...
We are looking for a low to be set today and for BTC to bounce from 4 hour RSI in the mid to low 20s as we have seen many times in the past. Scaling into entries at this point with cash on the side to add another leg down is the strategy. We will be watching for either a flush climax kind of bounce, or a change in the hourly trend to indicate a bottom is in....
LTC currently at 10 hour lows while ETH and BTC are not close to being in the same position. ETH and BTC are grinding EMA 12 and 26 hourly supports but LTC is currently losing them. Still 4 hour lower highs, which the other two bulls already broke as well. Bulls still struggling to hold their own in comparison to the others. We now have a double top in the mid...
ETH bulls continue to hold the lead of the Big 3, slowly grinding higher. EMA 12 and 26 supports on the hourly are keeping the bulls in control. Lose hourly higher lows and we will look for 4 hour consolidation and a higher low. Bulls in positions are comfortable with the hourly trend, but bulls looking for an entry dont have the best risk to reward from this...
This daily setup screams bull trade potential to me as there is a lot of space on the daily for bulls to bounce even if we do see a lower high. We need the 4 hour trend to change for the bullish reversal candle to form on the daily, and to be our most confident in the bounce. With so much time left today, if this is just another 4 hour lower high, we could see...
Watching for the potential of another 4 hour lower high this morning as the pattern tightens up. If we break the 4 hour lower highs, the odds of the daily higher low of support being set and the bulls heading back to upper $700s is likely. The likely scenario, looking at BTC, would need a 4 hour higher low then a break of resistance. We also still have not...
We got a flush under $9,000 last night that led to just barely touching hourly oversold RSI and 4 hour RSI hit low 30s as well. We are currently seeing a solid bounce but it is not likely to change this 4 hour trend. We will need consolidation to a higher low, then a bull move for continuation to a higher high to make us very confident our daily higher low of...
BTC and LTC are currently heading down to test their recent lows, which bulls are hoping are our daily higher lows. In order for this to be the case, we have to see a 4 hour higher low this morning to try and reverse the 4 hour downtrend in play the last couple days. The correlations right now as the are most frequently have BTC and LTC strongest correlated and...
ETH continues to lead the bulls whenever BTC sees any upside. We have a lot more space on the 4 hour to form a higher low, which makes it much more likely for bulls. We are still not very confident our daily higher low is set until the 4 hour forms a higher low and higher high, but due to the 4 hour chart setup for ETH the odds of the daily higher low being in...
After a solid bounce day all yesterday, we could look at the 4 hour chart for Anti-FOMO knowing we were unlikely to break the lower highs, and would need to consolidate to a higher low before any trends changed. Now we are seeing this consolidation, and looking for signs on the hourly that the bulls are taking back over with a higher low. The daily chart is...
ETH had another leg down and flush to hourly RSI at 20 which LTC and BTC did not correlate with. We have the "securities" info today and no one really knows when, or if there is even a decision that will be handed down. This uncertainty will certainly impact the short term volatility. Solid bounce from the recent lows and we will need an hourly higher low and...
LTC continues to set hourly lower highs and lower lows as we approach oversold conditions. The daily chart is still likely to easily form a higher low, and see a bounce attempt back towards the recent highs, which I feel will fail and set a lower high. Watching for the potential of 1 more leg down on BTC which would drop LTC into the upper $150s. Keep an eye...
BTC has certainly entered consolidation mode with a loss of hourly higher lows, then a loss of 4 hour higher lows, and now the bulls try and maintain a higher low on the daily chart. The current bounce attempt looks like a bear flag and will be confirmed if we drop to a lower low. Hourly RSI will be right at oversold levels and 4 hour RSI will be approaching low...
After bulls led BTC breaking the daily lower highs yesterday, they stalled out and were unable to keep the advantage. We have not broken the top of the daily bull move yet, which ETH broke 10% ago and BTC broke last night. I personally have not looked back at LTC after my initial trade, and will continue to stick with lead bull ETH for that reason. The moves in...
ETH bulls continue to stair step higher just riding the higher lows on the hourly for days. Using this trend as your guide and moving up stop losses would still have a bull in this profitable trade. This kind of move looks like it will be a climax that indicates the top. A big bull volume move that has us thinking "who is still buying up here" before a complete...
BTC had a very quick pullback on high bear volume dropping a few hundred $$ which was a sign the high of the day was likely in. Fortunately for bulls it has been healthy consolidation since then as we watch the tightening hourly range. Bulls will be looking for continuation towards $10k today but if we lose the hourly higher lows highlighted we will look for 4...