ItisCalvin

ItisCalvin

We have broken below 600 again ever since we did so in late June. This time was more intense and stronger than ever as it looks like we will end the candle off staying this way. Support levels 590 (strongly tested), 586, 557 and 534 are all possible zones for a battle if we happen to fall lower. Good possibility we either do that or continue sideways unless we get...

ItisCalvin

When a saw a 1 day chart of the E-Mini S&P 500 I couldn't help but to draw a pitchfork. Everything was lined up so well that it seemed foolish not to. What this chart is screaming to me is that there is some funny business going on with Stoch and Stoch RSI. Just taking a look at both of them shows that they are complete opposite of each other. Are they negating...

ItisCalvin

I'm purely bored of Bitcoin at the moment and decided to go to TD to trade. So, today I decided to look at some ETFs. What I have found is that currently $FEZ is being highly OVERSOLD for whatever reason. The bears may have taken over short term, but it looks like a correction is long overdue at this point. The current bear trend is not valid at this point. Many...

ItisCalvin

The heartbeat analogy is weird and out there. So is the title, but who cares. Today’s TA includes two different pitchforks. The one downward trend pitchfork is based upon the bubble while the other is just based upon a pivot point that happens to be the lowest low. For the moment we are ranging into an ever tightening price range. There has to be some point in...

ItisCalvin

Last night I was looking at the charts and seeing how we were stuck in a bear trend. At the time I thought we would have to break soon and as of 11:00 AM PST we did so a few candlesticks ago. I believe most of what needs to be said is on the chart. Over the coming days if we do go up keep any eye on those Fib extension levels. It would be wise to think about...

ItisCalvin

Well I've been busy recovering from my vacation which was 3 time zones away. Threw me off my schedule making me not want to do anything. Then I had to go through 100+ photos, toss the bad ones, and finally post process them all. Made it through all that yesterday. To add to that, I have been rather lazy and just wanted to relax a bit. Well time for some...

ItisCalvin

So, I am currently on vacation doing this. I really do not have much time or even have the internet all the time for my laptop. At this point I am just bought in. No time to care about spending 5+ hours looking at charts or Google (well I'd rather do other things even if I wasn't on vacation. There are many sell signals in effect right now. Stoch RSI is...

ItisCalvin

We are all holding our breath until the Silk Road auction as it is fast approaching. This may be the event that starts us moving again, but may not be the one the moves us very far. At the moment we are just barely above the support line. More @ www.allbitcointa.cu.cc Indicators DC – We have managed to stay just slightly below the median. I’d wait for a...

ItisCalvin

This has been one crazy week to say the least. First we had the fear about Ghash.io was going to reach 51%. After that we saw the news about the SR coins being auctioned off. The latter was the true push the market needed to see us tumble. Even while Ghash.io reached 51% it was not news that I thought pushed us as deep as the new influx of coins going back into...

ItisCalvin

My first time doing a script! Aroon Oscillator is difference between Arron Up and Aroon Down. Aroon Oscillator makes it easier to see which of the two indicators are stronger. Normally Aroon is plotted with the two distinct lines. This indicator fluctuates between -100 and +100 with 0 as the mid line. When oscillator is positive there tends to be upward trend...

ItisCalvin

With all the recent movement down I decided to do some sentiment analysis. I figured since people are becoming irrational it was time to look at it. Moving on to the chart. What I am trying to compare here is a few of the key points that we have seen in the market. If you have used Adobe Premiere Pro and tried to blur faces you would know what these key points...

ItisCalvin

This was an interesting chart that I did. I have been busy and rather lazy since I did my last TA on that bull rectangle (apparently not a "flag" but w/e). At first when I fired up the chart I thought I would pull up some standard indicators that I use. When I opened the chart on 4H with BB on I was looking at how we were contracting into even tighter ranges. I...

ItisCalvin

There was some talk in Reddit from user Factitiously_Real about some sort of triangle pattern. I looked into more and found it to be a flag pattern instead. This is a consolidation before the continuation happens. This flag has been setup perfectly because it does have a nice bull trend before it. There was a sharp decline before entering into it. It is showing...

ItisCalvin

Now the reason we really will not go down overall in the mid term is because the market has seen too much bad news. We have already seen how even as bad news happens it becomes less dramatic each time. The Willy report is not anything new that we did not already know or speculate on. If it was bad it would have moved us FAST like all news does. There does need to...

ItisCalvin

While no one can really know where anything is going in life it is always great to share ideas. With that in mind when I originally made this chart I looked at how past history may be driving us forward. It is hard to tell what may happen with so little time but we could be in for another bubble. There is and always has been greed in the market. Those who don't...

ItisCalvin

So we broke away much quicker than I had expected. Seems like 9H is the magic number before things break away. Let's talk about the bull trend. At first it had not been confirmed so it was speculation on whether it would do the trend or just go back down. Now that it is confirmed we can take it more seriously. This pattern reminded me of what $VCLT was doing by...

ItisCalvin

Title is sort of a joke since you see that all the time in the Bitcoin community. lol So the waves were in play this whole time. I figured there would be some much quicker movements for the last C wave but this one took me by surprise. Now onto the TA... So I have seen this many times in my years (lol not really years) trading and this has a near 95% chance of...

ItisCalvin

Okay, so this is not Bitcoin (har, har) but the reason I did this was I was curious as to what my other investments were doing. As it turns out there was a very clear trend channel that formed while I wasn't looking for I think 2 years (yeah, set and forget investment LOL). StochRSI divergence means there is going to soon be some type of break in the trend it...