It's two weeks since Charlie sold his coins..... 2 days ago (6-JAN-18) it looked like LTC decided to wake up with a flurry of tweets from @SatoshiLite highlighting the coins growth in usuage... transaction volume ...network security ...mining stats "reduce the relay fees from 0.001 LTC/kb ($0.30/kb) to 0.00001 LTC ($0.003/kb). We hope to have that out next week....
Now price is stand above MODE of volume and Fibonacci 61.8% RETRACEMENT. H4 volume significant is coming with price strong move up. So we can expect reversal signal will be happened here. p.s. please be remember if price can move break out down trend line. Uptrend will be reveal.
BCHUSD Another spawn from the Bitcoin stable that has behaved technically perfectly - could be fresh from the latest chart book showing what a 'stock' can do under perfect conditions - but this time looking at downsides, not upsides... It's fallen below it's dynamic support line and then come back up to retest it from the underside....and repeatedly...
IOTA IOTUSD Iota is testing important support at 3.229 with a low at 3.20. this latter level must continue to hold (and will do so long as Bitcoin holds up, which will not be for much longer now, it's just completing its own counter-rally now). Any failure to hold 3.20 will force Iota lower still to 3.03 and then should this level fail to 2.73 at least if...
Litecoin: LTC Longs should have been out as the dynamic support failed at around the 276 level - see how often there will then be a challenge of the same support from the underside, which works for an hour or so before it falls away...not always, but maybe 50% of breaks are like this and the other half are clean, hard and fast. Last comment suggested looking...
GE Will 2018 be the year GE starts to get better? Who can say and who can be believed anyway? The chart. It walks while CEO's talk. GE has pretty much turned dead since the traumas of the Fall. It's been moving in a very controilled trader-friendly way with 4 perfect hits on the 18.04 line and three on the 17.59 line before it gave way, falling to new low at...
WTI: USOIL See that Wave? Use it. It's free power. The impulse wave on WTI is not quite so perfect as that on Brent (which is creating one of the most perfect trader- friendly waves ever seen right now, check it out). But the wave is beginning to take shape here nicely now too and looks full of intent and stored energy, ready to power it higher over the next...
requested by my fellow poster @f130nacci price tells us order flow is immediately bullish, expectation remains NSH Potential exhaustion zone completing overhead, according to price From what price can tell us about source. Look to join continuation short from zone overhead Indicators will only ensure you are futher removed from price, and in turn from...
price suggesting exhaustion zone overhead, look to sell correction from here - countertrend with usual situational awareness continuation long opportunity from below level wait for price to confirm what it can get close to price get closer to source
requested by my fellow poster @RonaldAviles EC remains bearish in the short term, wait for price to tell us all it knows about source before presuming to know what order flow is working towards. Price can tell us what is knows. Get close to price, get closer to source.
requested by my fellow poster @mitchell.morris.96 Source based analysis on h4 AU Price is our ticket to source. GET CLOSE to price!!
price tells us all it knows about source. Look to short at completion of correction into continuation low immediate expectation is new structure high however expectation has severely weakened. price has spoken. watch how price approaches 8020 for signs of expectation failure, order flow will translate through price. medium term expectation of a break of 7986...
requested by a fellow poster: Source based analysis on EU M15. Trade with expectation according to what price can tell us about source. Two likely completion areas to rejoin continuation long to retest highs. Order flow is source. Get close to price.
price is overextended suggesting source order flow may be retracting trade open short
TThere is a good penetration of the level, we will test the bottoms
Nerdyness on a new level. ETH enterprise is ready for takeoff . Destination far far up and away. The only thing we know is that Vitalik have saved you a seat. Remember to hold on to your Eth...We are going very far and its going much faster then we thought .Cause this thing runs on Ethereum . -Disclaimer , my first chart ,made from what I have learnt reading on...
DXY Dollar Index holding up so far but it still looks like a continuation pattern and that holds whilst unable to break above 97.75. But there's a little uptrend off the lows and it should work on this, the 4th strike, creating another little rally...still cannot do much other than play between the lines at moment, but next move is building, as per comment