Earl_of_Crypto

Earl_of_Crypto

Hi One and all to my first BTC analysis of 2019. I hope you all had a wonderful new year. Without further ado, BTC. I have removed my IH&S pattern to aid clarity, if you want to you can go back to my previous publication to read what I had to say there about the formation. A word before we continue though, as you will no doubt see BTC slid a little into the...

Earl_of_Crypto

Hey one and all to a new years eve edition of chart analysis. without further ado lets get into it. looking at the 4 hour chart ETC has been doing some good work, previously you can see it has finished a round bottom pattern which usually indicates a price reversal pattern. see: www.investopedia.com if you want to dip deeper into that pattern. This has been...

Earl_of_Crypto Updated 

Hi all, Been absent for a while watching whats been happening. In my last post all those months ago I got caught up in the hype of everything. Now after taking some time away to learn and reflect on it all, im back with a fresh perspective and analysis. A inverse H&S pattern is starting to emerge from the charts. This doesn't by it self indicate a trend...

Earl_of_Crypto

Hi all, as you can see from the chart BTC has followed the trend line up smashing through the previous resistance lines I highlighted in my previous TA, which if you haven't checked out, i recommend you do, throw a man a bone, go check it out and give me a like! really helps me out. Anyway, enough of me begging like a street urchin. BTC has just touched my...

Earl_of_Crypto

Hi all, In my last analysis I warned you all that BTC could drop down to the 6k mark and hopfully find support. Well, the time where that could happen is now upon us. As you can see BTC has arrived at the crux on my chart being pushed between the short term up trend and my long term bear trend line. What breaks first will signal the next week or so's trend until...

Earl_of_Crypto

Hi all, Last time i claimed the BTC was attempting a break out move and a trend reversal, this claim could still hold merit. Im sure you, like me are a little worried about the latest dip this hour or two, as you are right to be, if BTC continues to drop, and drop past ~7k the bears will have a stronger footing to push BTC further down. they will face further...

Earl_of_Crypto

Hi guys, im sure you have all been glued to the markets like I have, if you have, as you should be, you may of noticed a spicey reverse head and shoulders pattern emerging... Do you know what they normally indicate? yes, thats right!! A trend reversal. If you where smart you would of read my last post to see that BTC was going to continue you down just as it...

Earl_of_Crypto

alright guys and gals, see all that low volume indicated by those arrows? and then see the sudden spike of volume? well that is what we call a volume squeeze. After one these squeezes massive changes of price occur and as im very sure you can see the price has gone down. As im writing this we have had a small bounce that many have called the "true bottom" well...

Earl_of_Crypto Updated 

You choose guys, you can sell now or you can hold tight. Before I really get into this if you zoom out the fractals on this arnt that bad, this was expected, dont get your pantys in a twist... without further due... If you havnt already bought then I would hold off buying right now, btc does look to be dropping further as you can see via the chart. If i was a...

Earl_of_Crypto

Ill keep this short and simple, if you belong on etc this is a chance for some small returns. etc ill hit the red before going anywhere else. it was thrice failed to break the resistance, once breaking through before the bears smashed it back below. it has broken a trend line and has formed a bear flag and has only just followed through. there will be more...

Earl_of_Crypto

As you can see via the chart yesterday we saw BTC -3.41% bounce off the .382 fib level as well as an area of support from months ago. This bounce saw two bear flags being produced which, if you zoom out to a lower time frame those two bear flag merge into one scary looking bear pennant . However, this is an opportunity for us all, looking at this chart we have...

Earl_of_Crypto

Follwing trx over the last two days it has hugged the support line dipping below and shooting above all the time coming back to rest on the support. This to me says that trx is under a heavy load from both the bears and the bulls. it will be interesting to see where it ends up as the market has been slowly leveling out over the last week. It looks to me that any...

Earl_of_Crypto

Tron pushed up with the latest btc bounce which has given it a new support line detailed by the dotted yellow and highlighted by the box. this is good news if you are holding trx as if the support continues to hold despite being tested multiple times today it gives trx a good place to rise from. im expecting trx to follow the dotted white line highlighted by my...

Earl_of_Crypto

What i lay out above is where i believe trx is going in the short term.

Earl_of_Crypto

From plotting resistance lines from the lagging span, you can get a clear picture off ware ETC could be heading. The kumo cross combined with the tk across happening above the cloud indicates a strong bull signal. If the Volume can increase we can expect to see strong bullish behavior towards these resistance lines, most likely with bounces between.

Earl_of_Crypto

I think TRX is getting to the point where its either going to drop or pop up to the dotted line and test the resistance here. if it doesn't bounce off the dotted line, we might experience a double dip back to our previous low. This is just my two cents, please let me know what you think in the comments. if you havnt seen my previous post, go check it out, it...

Earl_of_Crypto

The two boxes I have highlighted demonstrate simple and fundamental bullish tenancies. When the tk crosses positively its a bullish signal, what enhances this is when the price escapes the cloud as well, this should be seen as an extra strong signal. I would be happy to say that we should see a fairly stable bull run from btc.

Earl_of_Crypto

cloud thinning and long term trend support. I am not suggesting a retracment to an all time high, but rather im expecting to see an Elliot triangle wave to form which is not detailed here. I will be doing further analysis tomorrow which will include this trend.