CryptoSwings

CryptoSwings

-20hr EMA just crossed the 50hr EMA for the first time in a LONG TIME -Hidden bearish divergence that says we'll go lower by seeing that we have a trend of lower highs in price but higher highs on the Stoch RSI -.618 Fibonacci is the ideal Fib level to retrace back to out of all other Fibs. It also aligns perfectly with extremely strong support from when we...

CryptoSwings Updated 

-we're over extended from the original price target from the previous ascending triangle breakout -we're forming a doji on the hourly candle -there's been a crazy amount of violent swings -9 on the TD indicator is also a loss of momentum Not sure what the price target will be just yet, but this looks like a good take profit situation

CryptoSwings

We've been going sideways for a few days now and have built this nice ascending triangle that is just now breaking out as we approach 12k. On Bitstamp, you can also see that sell pressure in the order book is dying down. Now target for now, but I am long for the time being.

CryptoSwings Updated 

A lot of recoil recent since the crazy price action. Currently forming a bearish pennant and could lead to test the previous low when it breaks out.

CryptoSwings

We broke out of the ascending pennant. Now looking to see if we topped or if we'll go higher. Found Fibonacci support to test.