EnlightenedTrading

EnlightenedTrading

Hey there, support this idea with your likes please and make sure to follow me here on TV! Classical ascending triangle on Bitcoin as the most trustable reversal pattern in my opinion. I would now expect a consolidation here between 6k and 7k befor moving higher to 8k+. If we really manage to get to 8k this week, then this will the an amazing reversal engulfing...

EnlightenedTrading

Hey there, please support this idea with your likes and follow me here on TV! Just as a quick update on Stocks. We are shortterm quite oversold on many indicators with longer term still more potential for further downside. SPY and many other stocks like TSLA are today on 9 BUY of the TI Indicator sequential! This is double 9 which means we already had a 9 and...

EnlightenedTrading

Hey there, Thank you for supporting this idea with likes and make sure you follow me here on TV. so I think everyone in this space saw what happend yesterday. The biggest percentage and point drop in Bitcoin in all of its history. A rounded 40%decline in 1 day. An incredible number for any trader. There are now some key questions to be asked: What really valuable...

EnlightenedTrading

Hey there, Please support this post with consistent likes and make sure you follow me on TV if you don't want to miss out! So this is a bit different that what I ususally do. Normaly I don't post any charts of smaller cap altcoins and only refer to the bigger ones, such as Litecoin and Ethereum. Nonetheless, ZRX price movements look quite promising and have a...

EnlightenedTrading

Hey there, Please support this post with your likes since this could be one of my most important ones! Also comment down below and make sure you follow me here on TV! Bitcoin just hit the bottom log growth curve, which has been the leading indicator for Bitcoins long-term price swings imo. If you take a look back at the 2017 bullmarket you will see how...

EnlightenedTrading

Hey there, please support this idea with your likes and follow me on TV if you don't want to miss out! Take a close look at this chart and what is written on it. Ethereum is currently being rejected my the 1004h MA and price is now being squeezed between the 100 and 2004h MA. We are going to have a deathcross of the 2 moving averages shortly, so we will see if...

EnlightenedTrading

Hey there, so this is a pretty important post right here. Leave a like, commend and share this post! Also follow me, if you don't want to miss out! As many of you migh already know, we had the cross (golden cross) of the 200 and 50 MA on the daily chart coming and it happened today. More or less surprisingly, we saw the price ralley strongly to the upside. We...

EnlightenedTrading

Hey there, just really quick. Bitcoin again at a 4h 9 Buy of TD Sequential! Gave strong signals in the past! Cheers, Konrad

EnlightenedTrading Updated 

Hey there, definitely leave a like and share this post to help it spread! Ethereum has seen a pretty steep pullback from its recent swing high to the 240s. We have very strong, bullish wicks on the daily timeframe forming now a second reversal candlestick. The 4h chart bottomed prematurely on a 9-Buy (TD-Sequential) and is sitting on green count currently. Also...

EnlightenedTrading

Hey there, sooo the correction has begun. Take a close look at this chart if you did not yet make your mind up about where price could be headed in the next weeks an months. We are currently forming a reversal candlestick on the weekly timeframe and most signals are flashing atleast short term corrective. Targets are 200MA at the very bottom at 8880 Setup...

EnlightenedTrading

Hey there, Altcoins have been outperforming Bitcoin lately and seem to continue to do so. Litecoin is currently looking very bullish with a break of resistance on the BTC and USD chart. The USD chart is sitting at a 9 on the TD Sequential and could signal a reversal rather soon. Also other cryptos like Ethereum and Bitcoin are sitting at 8s and 9s, which...

EnlightenedTrading

Hey there, Soooooo, well. Guess we can negate the bearish/healthy scenario for now as we see Bitcoin pumping over its prior high for 2020 and even wicking above the last swing high on Bitstamp to create a new swing high. This is quite a huge factor and once more signals the strength and deeper bullish bias of this ralley. This also could now be further...

EnlightenedTrading

Hey there, So it seems like Bitcoin doesn't quite know what it wants to do. Retest swing high, break it, form rising wedges, break them to the upside, then downside... Nonetheless we have a bearish engulfing candle on the daily chart which is signaling strong bears for now. I will look for further downside if bears remain strong shortterm and keep price...

EnlightenedTrading

Hey there, If you look at my latest post on Tradingview you will see that scenario A played out nicely so far. We broke the posibility for a rising wedge break down and managed to get above short term downward resistance. We are now looking for a touch of this ascending channel, coinciding with important horizontal resistance and fibonacci significace. 10k has...

EnlightenedTrading

Hey there, anything you need to know is displayed on the chart. I am in a hurry so please forgive me. Potential rising wedge forming in a ascending channel, altcoins seem to play out similar. Bitcoin has to decide wether it wants to break the channel first with confirmation of the rising wedge, or if it decides to negative the wedge and retest the upward channel...

EnlightenedTrading Updated 

Hey there, So Ethereum has really shown strength in the last few days, especially in this current consolidation. ETH has gained more than BTC in price lately and with the current bearish position of the Bitcoin Dominance chart, we could see ETH gain momentum over BTC. Take a close look at the factors desplayed on the chart and the text besides the arrows. Many...

EnlightenedTrading

Hey there, So Bitcoin has been consolidating in the last few weeks and days and is currently holding its gains. In my latest post I expected Bitcoin to find a daily higher low in the near future at around 9000USD. Therefore it is of no surprise, that we bounced off of low 9000 and are now about to retest resistence. Also we have a bull flag on the 4h and 12h...

EnlightenedTrading

Hey there, trend, outlook and mindset are still the same and have not changed since my latest posts. Bulls still prove to us that they maintain controll on the broader time frames and buy any dips. Currently it seems like Bitcoin wants to scout for its next daily highler low, and is on the verge of breaking 4h support. If this consodilidation/correction continues...