We are dealing with low liquidity and choppy action the last couple days that are giving lots of fake outs. The moves are happening on 1 or a couple 5 min candles in bursts followed by long consolidation. Bulls need a break of $8,400 for continuation on the daily towards weekly equilibrium. Losing hourly higher lows will be red flag #1, unless it occurs on a...
Bulls keeping 4 hour higher lows after the bullish break from correlation yesterday. Bull break of this equilibrium, looking for a lower high this morning, will be a bullish signal for daily continuation. We have a scenario where bears could get trapped if we see this bull break for continuation. The Big 3 are holding up much better than most anticipated, and...
Bulls have not lost the uptrend at this point and after another higher low yesterday we are currently in an equilibrium on the 4 hour. Still the lead bull of the Big 3 the last week+ and no sign of weakness. Even if we lose the 4 hour higher low, we will look for a daily higher low and healthy consolidation. A bull break of this 4 hour equilibrium will also...
Daily bull flag pattern currently forming, and if the bulls can form a higher low on the 4 hour, Then break the current double top, we will be looking for daily bullish continuation. We had a fake out last night where the bears were about to form a 4 hour bear flag and take the price back to recent lows, and a huge volume spike and short squeeze trapped bears in...
After days of the bull break out and LTC under performing BTC and ETH, the bulls are now playing catch up. The daily chart is now testing highs of early April bounce attempt, which ETH and BTC are still far above. If we see BTC 4 hour confirm the bearish head and shoulders, LTC will likely pull back as well, that being said, the bulls can consolidate...
Still more favorable than BTC with more support, and more space to consolidate in a healthy way on the daily. 4 hour higher lows intact which means bulls remain in full control. We are seeing a clear developing pattern however that could indicate the bulls are losing their short term strength. Lose the 4 hour higher low highlighted and we will then look to back...
BTC continuing to form the pattern highlighted early in the video yesterday. Watching for a loss of 4 hour higher lows to indicate more significant daily consolidation is coming. If bulls can keep this support intact today it will be a victory for the bulls. I personally dont see a bull trade setup I like at these levels today. Patient as we watch the healthy...
ETH continues to show signs as the lead bull, first with continuation and no double top like BTC and LTC, and now on the 4 hour consolidation the bulls have the most space before testing the most recent 4 hour higher low. The daily chart is due for healthy consolidation so we will know to be even more patient as bulls if we lose 4 hour higher lows. The best...
LTC rejected from the high of the bounce, and pulled back losing hourly higher lows. The video yesterday described what is likely to happen for the consolidation on the daily and higher low to form. This is step #1 and now we watch to see if the 4 hour higher lows can hold. Lose 4 hour higher lows and we know to be more patient waiting for the shift of momentum...
BTC has lost the hourly higher low pattern and is now trying to hold the 4 hour higher lows. Lose the 4 hour higher lows and we will look for more significant consolidation on the daily as the bulls try for a higher low. Bulls want to see low volume on this consolidation to indicate a higher low is healthy. Bulls are looking for the daily higher low to form by...
On the 4 Hour Chart the Price broke the Symmetrical Triangle and closed above the Daily trend line which is also a Symmetrical Triangle on the Daily Time Frame. Now the price may retest the new found support and continue the Rally or it may takeoff to find a new resistance and also might break the previous high of 19891 which was created on 17th December,...
Not only on the 4 Hour Chart but also on the Daily Time Frame the price did manage to break and close above the Symmetrical triangle. Just all we need is a confirmation that it is not a false breakout. Before entering long 1)You could wait for the price to retest the Support or else 2) You can join the rally and keep a bigger SL. This is the most traded...
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day!...
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day!...
I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day!...
LTC still a very solid move and uptrend, but unable to break the high of early April yet, which the other names are already well above. Bulls have a clear hourly higher low pattern to keep an eye on to ensure the move is still fully control by the bulls. Loss this pattern and we will look for longer term consolidation. If the 4 hour higher lows are lost we will...
Congrats bulls! ETH has been the strongest for a week now and is following through with a huge move. Target was $500 just visually on the daily chart and the bulls have far exceeded this already. Hourly higher lows are crystal clear on this move with a good old fashioned uptrend being respected by the bulls and bears. We will be looking for a loss of the hourly...
Easy to continue to hold my 40% BTC position left, as I move up stop losses under the higher level of support created. 4 hour bull flag confirmed, then a 4 hour inside bar breaks bullish. Hourly EMA 12 support holding as well keeping the bulls in control. I will continue to move my stop loss up on newly created support to ensure locking in the rest of this...