Still riding 40% of the BTC entry from $8,900 but anticipating a 4 hour lower high to be set as hourly RSI approaches 70. Losing the hourly higher low pattern will indicate our 4 hour lower high is in. Also watching the SPY, BTC correlation close today which was highlighted in the video last night. Beautiful touch of EMA 12 hourly to lead to continuation, which...
After Finding it's resistance at 9729$ ,it came down to it's supporting level 8652$.Elliott wave pattern is showing that it's going to hit it's next level at 10.5$k-11$k.If It Hits according to 127% Fibonacci Extension, it will be a good news for the crypto market.Good time to buy it at 8.8k-8.95k$ today. Disclaimer: Everything written here is for discussion...
Same tightening patterns in the BIG 3 but very tight on LTC which may indicate we will break here first. Bear breaks are for bears to enter and bulls to patiently wait for hourly oversold conditions. Bulls breaks are potential bullish entries. Volume spikes will indicate the break is happening, and must see some follow through for confirmation. Expecting the...
4 hour equilibrium expected in the video last night playing out. Looking for a break today to indicate direction and momentum into tonight. I will not be looking for an entry after a bear break until BTC hourly RSI gets back in the 20s. A bull break will likely give us a daily inside bar to watch into tomorrow. Patience here as trading opportunity in a...
Highlighted in the video yesterday, the 4 hour equilibrium is playing out as anticipated. Looking for a break this morning for direction today. I personally am anticipating a bear break, but not making any moves until the actual break to ensure maximum risk/reward ratio. If we see a bear break we will consolidate further on the daily back to the lower...
Use BTC as your guide, looking for a potential $9k support flush to mark the bottom this morning. I personally will be playing ETH or BTC on the bounce as LTC has not been a lead bull in a long time. Expecting daily consolidation for at least a few days and looking at the potential that this is our weekly lower high to continue to tighten in the equilibrium....
Congrats to the bears that took the top fishing bear setup highlighted in the last video. It ended up best case scenario nailing the top. Now we watch BTC to see if $6k is going to break for one last flush before an oversold bounce. Just looking for $20 on ETH oversold bounce playing against the trend now in consolidation mode. We are looking to consolidate...
Congrats to bulls who took profits and shorts who played the volume climax at the top. Volume climaxes and flush/ pushes mark the tops and bottoms often. Now there is a 15 min oversold RSI and hourly low RSI bull flip approaching this morning. Currently a double bottom holding but if it break the $9k support flush will be a potential entry level to begin scaling...
Ripple We are seeing a slow but strong base is forming, it is near 0.40 regions. It has a nice Higher High, Higher Low potential too. The first target is 1.07 while it can go as high as 1.8 regions DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment...
Watching the LTC action and comparing it to BTC and ETH, we have 3, 4 hour candles since the breakout, and LTC is the only one without continuation to higher highs on the current forming candle. The being said by looking at the LTC/BTC chart we can see the bulls have played a bit of catch up on the % gains with this current breakout. Note that there is the...
ETH still has not lost 4 hour higher lows in over a week and is leading the way to the upside on this move. Bulls in full control, though we know a 4 hour higher low is needed as RSI approaches levels we previously consolidated from. Personally played ETH on this last bull move, and have scaled out half in the upper $680s to lock in solid profit. Every leg up...
Congrats bulls, we saw days of tightening 4 hour consolidation before the clear equilibrium break and move over $9,000. The initial spurt was shorts covering and bulls buying the break, but the gains have held slow and steady all night. We will need to see 4 hour consolidation to form another higher low sooner rather than later. This position does not favor...
LTC still forming clear 4 hour higher lows after the high volume pull back candlestick. Lose these higher lows and we will be looking for daily consolidation. ETH bulls continue to higher highs, BTC bulls continue to top out at $9,000, and LTC continues to lag behind slightly. PAtiently waiting for BTC to give us a direction today for the short term. Either...
ETH continues to set the stage for bulls with every consolidation leading to another 4 hour higher low. The bulls remain in full control, riding EMA 12 4 hour support up. BTC remains strong and in a tightening pattern, with significant bounces from 15 min oversold RSI. The correlation with ETH continues to favor bulls, hitting higher highs where BTC failed....