TODAY WE ARE LOOKING AT BTCUSD WHICH HAS BEEN AMAZING GUYS . ON THE 12TH WE SAW PRICE SHOOT UP FROM $6800 TO $8030 WHICH WAS GREAT . CURRENTLY PRICE IS IN A ASCENDING TRIANGLE WHICH WE HAVE IDENTIFIED , WE EXPECT PPRICE TO TRADE EVEN MUCH MORE HIGHER AS WE WAIT FOR THE BREAKOUT TO THE UPSIDE .WE ARE LOOKING AT THE $9100 LEVEL/ZONE WHICH IS VERY KEY , OVERALL...
TODAY WE ARE LOOKING AT LITECOIN WHICH HAS SOMEWHAT BEEN CONSOLIDATING/RANGING OUR SUPPORT LEVEL IS AT $112 WHICH HAS BEEN HOLDING SUPERBLY , NOW WE HAVE IDENTIFIED AN ASCENDING TRIANGLE . WE EXPECT PRICE TO PUSH UP AND BREAKOUT OF THE TRIANGLE TO OUR MAIN DESCENDING TREND LINE WHICH IS AT $115 AND CONTINUE THE OVERALL BEARISH TREND .LTCUSD
GOOD DAY FELLOW TRADERS TODAY WE ARE LOOKING AT ETHUSD YESTERDAY THIS PAIR TRADED AT HIGHS OF $430 , PRICE IS CURRENTLY TRADING AT $395 WE HAVE IDENTIFIED A "POSSIBLE" HARMONIC BUTTERFLY PATTERN . THE POTENTIAL REVERSAL ZONE (PRZ) IS AT THE $386.77 LEVEL WHICH IS OUR D POINT WHICH WILL COMPLETE OUR BUTTERFLY PATTERN OVERALL ETHUSD IS STILL BEARISH .
SORRY GUYS I KNOW I HAVE NOT BEEN ONLINE NOR POSTING IDEAS LATELY AS I HAVE BEEN AWAY ON VACATION NEVERTHELESS TODAY WE ARE LOOKING AT BTCUSD . UNFORTUNATELY WE ARE STILL BEARISH WE HAVE IDENTIFIED A "POSSIBLE" GARTLEY ADVANCED PATTERN WHICH HAS SO FAR MET THE NECESSARY REQUIREMENTS FUTHERMORE WE HAVE IDENTIFIED A BEARISH TREND LINE AT OUR D COMPLETION ZONE WHICH...
PRICE SEEMS TO BE HOLDING OUR BEARISH TREND LINES WHICH IS A GOOD SIGN . WE HAVE IDENTIFIED A SERIES OF SYMMETRICAL TRIANGLES WHICH WE HAVE USED PREVIOUSLY TO PREDICT WHERE WOULD PRICE LIKELY MOVE , A BULLISH PINBAR HAS DEVELOPED TO REJECT OUR LOWER TREND LINE OF THE CHANNEL , WE HAVE THEN DEVELOPED ANOTHER SYMMETRICAL TRIANGLE .WE ARE GOING TO MONITOR PRICE AND...
BTCUSD IS CURRENTLY IN A ASCENDING TRIANGLE , WE HAVE IDENTIFIED A SMALL SUPPLY AREA/ZONE THAT MIGHT POTENTIALLY SLOW DOWN THE UPWARD/BULLISH MOVEMENT , WE ARE EXPECTING PRICE TO MOVE TO THE $8,405 LEVEL WE ARE CURRENTLY ACHIEVING HIGHER LOWS SINCE WE ARE IN A ASCENDING TRIANGLE . PRICE SEEMS TO BE REJECTING OUR "HYPOTENUSE" TREND LINE WHICH IS A GOOD SIGN .
NICE BULLISH PINBAR HAS DEVELOPED TO CONFIRM OUR DOUBLE BOTTOM WE EXPECT PRICE TO RETRACE BACK TO THE IDENTIFIED SUPPLY ZONE/AREA . OVERALL ETHUSD IS STILL BEARISH IN TERMS OF TREND ANALYSIS HOWEVER YOU CAN TAKE ADVATANGE OF THIS MOVE ALTHOUGH I ENCOURAGE MEMEBERS TO NOT TRADE AGAINST THE OVERALL TREND BECAUSE THIS IS JUST A SLIGHT RETRACE TO THE IDENTIFIED SUPPLY...
EOSUSD IS ONE OF THE TOP RISERS TODAY , WHICH IS AWESOME , WE SHOULD ANTICIPATE MORE BULLISH MOVEMENT TO THE IDENTIFIED SUPPLY ZONE/AREA FURTHERMORE WE HAVE IDENTIFIED A SYMMETRICAL TIRANGLE SO WE EXPECT PRICE TO REVERSE AT THE IDENTIFIED SUPPLY ZONE/AREA AND CONTINUE ON THE BEARISH TREND TO THE MAJOR DEMAND ZONE THAT HAS BEEN TESTED 'ONCE' .
WELL IT IS ALL GOING ACCORDINGLY , AS WE HAD UNTICIPATED YESTERDAY THAT THE PRICE WILL MOVE LOWER TO FORM A DOUBLE BOTTOM WE CAN NOW CONFIRM THAT IT WILL RETRACE BACK TO THE IDENTIFIED SUPPLY ZONE/AREA ,A NICE BULLISH PINBAR HAS DEVELOPED TO REJECT THE LEVEL . OVERALL LTCUSD IS STILL BEARISH .
IT IS NOT LOOKINNG GOOD FOR LITECOIN , WE ARE CURRENTLY IN A DESCENDING TRIANGLE OF WHICH HAS A BEARISH TREND CHANNEL IN IT FURTHERMORE WE HAVE IDENTIFIED A SUPPLY ZONE/AREA AT THE $160,17 LEVEL WE ARE EXPECTING THE PRICE TO RETRACE BACK TO THAT LEVEL BEFORE ANOTHER IMPULSE , WHICH IS LIKELY TO HEAD TO THE $140,38 LEVEL TO POSSIBLY FORM A DOUBLE BOTTOM .
A NICE BULLISH PINBAR IS DEVELOPING TO REJECT THE $484,57 LEVEL PRICE WILL RETRACE FURTHER TO THE IDENTIFIED DEMAND ZONE BEFORE CONTINUING WITH THE ORIGINAL BEARISH TREND TO THE IDENTIFIED SUPPORT LEVEL $403,35
PRICE HAS CURRENTLY BROKEN THE NECKLINE OF THE SECOND DOUBLE TOP PATTERN CURRENTLY IN A (WEAK) DEMAND ZONE EXPECTING PRICE TO CONTINUE FURTHER LOWER TO THE PREVIOUS RESISTANCE (NOW SUPPORT) WE WILL THEN WAIT FOR THE PRICE TO RETRACE BACK TO THE $8,273 AREA BEFORE WE CAN SHORT THE PAIR TO THE NEXT RESISTANCE LEVEL (TURNED SUPPORT ) .
