CryptoScripts

CryptoScripts Aug 4, 2023

Looking at our TA on ETH combined with our new AI/Machine learning indicators (releasing soon), we can see ETH is setting up for another bullish run. Our indicators have called the tops and bottoms pretty accurately, now it looks like we may have short-term upside. The big levels to watch out for are 1815 (support) and 1850 (resistance). If Ethereum cracks 1815...

CryptoScripts Jun 21, 2023

Looking at our chart, we see that Ethereum started getting oversold near the bottom of our standard deviation bands, along with an oversold reading on our new DVO indicator. This, combined with the oversold green X's we received (combination of multiple indicators), and our dark blue candles (another oversold indication), led us to have a VERY successful ETH...

CryptoScripts Apr 22, 2023

Looking at ETH on the 4h, we can see our DVO indicator called the short perfectly! The top short was called at 2120 which remains strong resistance followed by 1925 (support turned resistance). Now it's currently bouncing off the next support of 1850. I'm closely watching the DVO indicator to see if it flashes a buy near support. If it does, that will be a strong...

CryptoScripts Jan 1, 2023

HAPPY NEW YEAR!!!! On the BTC 4hr chart, we can still it's still stuck in its range between 16.7k and 16.3k. There's massive resistance above 16.7k from the 3 EMAs (50, 100, 200) and the horizontal resistance at 16.7k and 17.3k. Right now I'm waiting for it to approach the 16.3k level to long or the 16.7k or 17.3k levels to short. The MACD is still curving to...

CryptoScripts Dec 31, 2022

Looking at the 4h chart on ETH, we can see it's maintained its tight range around 1200 while also sitting just below horizontal resistance and our 50, 100, and 200 EMAs between 1200-1230. Based on the above resistance levels, I'm still biased towards the downside short-term. My first long target will be 1150, followed by 1100 if we get there. The RSI is still...

CryptoScripts Dec 29, 2022

The last time we made our Tesla chart, we were in a downward channel and expecting a bounce off support. It has since fell through that but looks to have found support at the $111 level. Looking at the weekly RSI, we can see TSLA is at the same level it was at in May 2020 before it had its huge run (oversold). This, combined with the bounce off weekly support at...

CryptoScripts Dec 29, 2022

BTC broke below our 16.7k support and continues to remain in a range between 16.7k and 16.3k. I would not take a trade here until it gets to one of the aforementioned levels. The Wave Fusion indicator still hasn't given a buy and I'm waiting for a sharp move in either direction to get some volatility and create some mean diversion. The 50, 100, and 200 EMA...

CryptoScripts Dec 28, 2022

Looking at ETH on the 4h, we can see it rejected off of our 50 and 100 EMAs as predicted and broke through our 1200 support. Right now I'm look for ETH to retest the 1150 level and will be placing longs there to DCA. If you're looking to short, you could place one here with a stop at 1210 or wait for ETH to reach a more substantial resistance of 1300 before...

CryptoScripts Dec 27, 2022

On the 4h chart for BTC, you can see we broke above the 50 EMA, but are still below the 100 and 200 EMA at 16.9k and 17.1k respectively. Our Wave Fusion indicator still hasn't flashed a buy but we are close to support at 16.7k so I remain cautiously bullish until we break that. If we go below 16.7k, I'm afraid we're heading to 16.3k, where I'll still be DCAing...

CryptoScripts Dec 25, 2022

Looking at the ETH chart on the 4h, we can see it fell below all 3 EMAs (50, 100, 200 EMAs) which is definitely a bearish sign. The RSI is curving sharply downwards along with the MACD. It's bottomed out on lower timeframes but still has more room to decline on the 4h. With that said, we are at micro support at 1200 so we may find some relief here temporarily. If...

CryptoScripts Dec 25, 2022

First of all, MERRY CHRISTMAS! Hope you enjoy the TA :) Looking at BTC on the 4h, we can see it's still under the 50, 100, and 200 EMA: Pink - 200 EMA Blue - 100 EMA Purple - 50 EMA Until we break these, my bias still remains to the downside. Now there's still support at 16.7k, so whichever move we make, it will be violent. If BTC breaks to the downside, we're...

CryptoScripts Dec 24, 2022

Looking at the 1h for ETH, we can see it's finally broken the 50, 100, and 200 EMA on the 1h chart (something it's been under since Dec 15th). This is a very bullish sign and shows we could have some strength to the upside (short term). The current levels of resistance are 1230 and 1300. With ETH being so close between support and resistance (1210 EMAs and 1230),...

CryptoScripts Dec 22, 2022

We're currently in a very tight range for BTC with the majority of levels being resistance. On the 4h I currently have three moving averages: Pink - 200 EMA Blue - 100 EMA Purple - 50 EMA As you can see, the purple line (50 EMA ) has acted as resistance for BTC since Dec 20th on the 4h, along with the 100 EMA. The thing we have to realize is there's also support...

CryptoScripts Dec 21, 2022

We're currently in a very tight range for ETH with the majority of levels being resistance. On the 4h I currently have three moving averages: Pink - 200 EMA Blue - 100 EMA Purple - 50 EMA As you can see, the purple line (50 EMA) has acted as resistance for ETH since Dec 16th. The thing we have to realize is there's also support for ETH right below it at 1200...

CryptoScripts Dec 21, 2022

Over the past few days Bitcoin has shown good resilience, bouncing off of our $16300 support. Now we need it to hold above $16800 for any chance of maintaining this bullish momentum. Here's a couple things that has been concerned: 1. The RSI is crossing to the downside, getting closer to the signal line. This would indicate a change in the momentum and traders...

CryptoScripts Dec 19, 2022

Looking at TSLA on the weekly, we can see it's still in a downwards channel but has a high possibility of bouncing here. Let's look over a few things: 1. It's at the bottom of the channel which it's been in since Oct 2021 2. It's also at horizontal support of $150 that was a key level back in Sep/Oct 2021 3. The weekly RSI is almost oversold and hasn't been this...

CryptoScripts Dec 19, 2022

In the above chart you can see Bitcoin is still hovering around the 16.8k resistance level on the 4h and still hasn't definitively closed above it. Although looking at a few indicators, I'm seeing some bullish signs: 1. The more a level is tested, the weaker it becomes (i.e resistance is becoming weaker) 2. The RSI crossed over the signal line and is climbing to...

CryptoScripts Dec 17, 2022

On the BTC 4h, we can see the Wave Fusion indicator called the short perfectly at $18k. Since then, Bitcoin has broken through three major support levels. Now it's currently at resistance of $16.8k trying to break back above. Let's look at a few things: 1. The 4h RSI was oversold yesterday (last time it was oversold was Nov 21st when we started the upwards...