The ultimate oscillator is showing a little bullish divergence and we should be hitting support around $785-$800. Do keep in mind things have been on the way down since mid January. It could also just go the other way ¯\_( $ )_/¯.
With such a clear downtrend on the BCH daily chart, it's hard to be a bull. It could also just go the other way ¯\_( $ )_/¯.
Checkout this rising wedge on the BCHUSD 4H chart. The increased volume during the previous three periods is interesting too. Rising wedges are expected to fall. It could also just go the other way ¯\_( $ )_/¯.
Watching the reaction at the 50 on the 4hr GDAX chart. Over the next few days my decision will be based on price action and if any confluences can be corroborated. Expecting retracement from pull from major swing b wave. How hard and how strong will determine the next move. --longmoney out
Hi, Friends! BTC moving in slow pace, trying to reach resistance. Until now bulls in a control of market. Retracements are weak, and price on 1h timeframe following EMA50 (blue one). Key levels are 11850$ - 12000$ Possible retracement zone 11000$
There's a bullish edge-to-edge cloud trade setup on the daily chart. The other side of the cloud is also the 50% fib retracement of the last major move down between mid December to the beginning of February. It could also just go the other way ¯\_( $ )_/¯.
There's a bullish edge-to-edge cloud trade setup on the 4H. A flat kumo cloud is a magnet. It could also just go the other way ¯\_( $ )_/¯.
It looks like price could break out of the cloud on the 4H chart. I'd would like to see price and lagging span above the peak of the cloud. And it should be noted that we don't have a bullish future kumo cloud yet. The ultimate oscillator is showing some hidden bullish divergence. Though I'd like to see price break above the 50 line first. It could also just go...
I'm not going to write a long explanation here, but the chart does most of the talking. We've already retraced back to the 100 usd mark which was where the original 2017 bull run took off from. The only way to go from here is up. Ignore all the FUD and useless TA, we've been to the bottom and now it is time to go up. Nothing goes down forever and nothing goes up...
Buy on the purple line. Sell on the yellow line. Trade smart & make some money!
An inverse head and shoulder pattern is almost complete. If followed through, we could be looking at a target of around $18k. The volume profile is messy, though each major movement does have a decreasing volume trend. Also shown are two fib retracements. One from all time high in mid December through the big dipper ending in the beginning of February. The second...
Both can materialize The complex target is @ mid channel and looks more probable in my opinion at the current levels of "excitement" We will see soon enough if it falls and bounces back for the inverse HS to take place.
LTC pushed hard yesterday but didn't give much opportunity for day traders. unless you were holding from the 220-230 range for the last few days you would have probably missed the spike unless you were watching it at that moment. The pop was just a couple candles then the range started. WE are setting up right now with our EMA'S curling up under it and we look...
Looking for another move down to complete the blue wave iv and then continue upward with rough guesses of where it will go based on most recent information. If it breaks below the .764, I will turn more bearish, and will be looking down if it it goes below the blue wave i.
Waiting for another move up to reach around the 5th wave. Still a possibility that the 206 was an A wave and looking for another low to complete the 4th wave. Expectation at this time is that 4th is complete.
Okay so our previous goal was indeed HALTED by the bears and we did not make it to 170 for LTC USD (COINBASE-GDAX). However that does not mean the market is NOT rebounding. If you notice the weekly charts, every week crypto is gaining more market cap. The lowest we have gone in this correction is around 290 Billion Market Cap. When the market hit 290BLN (Two weeks...
Today LTC will hit 170 and then peel back a little so have your sell order set to around 165-169, and then rebuy around 155-164. Since 2/2/18 we've been seeing higher lows and consolidation of our support in key areas such as 100, 125, and now 150. Our new support level will be around 175 in the coming week. Make sure to always convert fiat back into LTC after...
A quick update on The Great One--bitcoin. The bitcoin long posts are coming: the signs, the calls, the 100% returns. The math skills needed to trade markets is quickly acquired at a very young age a child can do it. But this is a market of strategy--strategic planning. Regardless of school of thought (methods used in technical trading) this is a game of buying...