Ameo

Ameo

RSI overbought and near a strong horizontal resistance at 2630 - as simple as that. Opportunity for a tight stop; probably a good idea to scale out as it approaches the take profit point.

Ameo Updated 

I'm watching the $210 level very closely as a determinator for future trend activity. I believe that if we can hold this level one more time and manage to create a higher low above it, there will be sufficient evidence of a trend reversal and an end to this downtrend for me to open a position.

Ameo

This bull trend has just about met its end. I've enjoyed the free 5%/day for these past few days and the free green in general over the past couple of months, but I think that things have reached a fever pitch and are due for a healthy retracement. I'm not saying that this is the start of a bear trend or that this is going to cause any kind of doom; the markets...

Ameo

Ethereum's been heading towards a decision point for a couple weeks now, the range shrinking with every sign pointing towards a decision point. I was lucky enough to get a position open before sleeping last night and am happy to see that we've made clear moves upward without any visible change in BTC price; a very good sign. ameo.link

Ameo

Prices are finding support back in regions from before the large pump up to .125. I think it's likely we'll re-test some of the old highs in the future.

Ameo

I've spent enough hours staring at magic triangles on crypto charts to know where this is going. Price has been coiling up ever since the last big selloff and we got a CLEAR breakout of the formation. We're probably still in the larger structure, however, so don't look for too much upside.

Ameo

Wicks have been aggressively bought up in the .009-.01BTC range. Strong old support levels at ~.0092. Looking for bounce up to .0013 or beyond!

Ameo

Looking for a double bottom here at .0015. Hoping for a bounce up to .002 or higher!

Ameo

Breakout from lower bounds of bull channel stretching back over 5 months. Prices have moved back up to re-test the bottom of the channel. If resistance is found here, it's very likely we will transition into bear market and large downside will be seen.

Ameo

From my perspective, we're out of the triangle. I'm aware that Chinese prices look very different, but the price curve is pointed up instead of sideways on increasingly large time scales. There was a clear break-out with a higher high which re-tested the top of the triangle and bounced upwards to new 60-day highs. I think this is it; the next step is parabolic :)

Ameo

Short-term pennant forming on EURUSD which could lead to a trend continuation. Looking to enter long if it breaks out to the upside.