Lorenz_Capital

Lorenz_Capital

Bitcoin reached our level 3 - take profit at $5,000 which represents a significant psychology level and a juicy shorting opportunity for bears - They will retain control until the $3,500 - $3,000 levels. We will be buying back in at these levels. Stay tuned

Lorenz_Capital

Here is the wedge support and resistance levels for bch. In normal market conditions, Green arrow is most likely scenario... If Bitcoin falls through $4000 - the red is most likely scenario as sentiment shifts for crypto market Wait for the market to tell you what do do... don't let it get personal

Lorenz_Capital

We shall find out soon enough what is to come of our beloved XRP - 1- the wedge could break on the downside sending price back to $0.15 support 2. the wedge could break to the upside, triggering another song up - move to $0.30 levels 3. price can continue to drift sideways within a tight channel as uncertainty grips the market Note - keep an eye on bitcoin - ...

Lorenz_Capital

strong downward pressure for bitcoin - prepare for a crypto sale

Lorenz_Capital

I can see more near-term downside for ETH to complete elliot wave - could be a great buying opportunity for the long-term play.

Lorenz_Capital

The sky is the limit for BCH. I can see how an elliot wave continuation pattern could play out on a daily chart following that last monster up move. Just as i suspected we saw consolidation around the 550 level, which aligned with the 50% fib, and is now resting on the 61.8% fib level. On the 1H chart, bulls have retained control of the 20MA and is now pushing...

Lorenz_Capital

....For my own records.... 100% return from here? This could shape up to be an epic elliot wave call....imagine! Only time will tell...

Lorenz_Capital

This chart is clearly respecting the fib levels drawn from the highs and lows of hourly, daily and weekly charts, which is a positive sign for traders... Just want to point this out to my followers who are expecting another sudden roaring up move...you have to respect the support and resistance levels, and trust your indicators and overlays. I hope this can...

Lorenz_Capital

We see the top half of the BB gaining control on a 1h chart, supported by the 1.618 fib from the previous high. I was hoping to see a deeper correction to the 320 levels where previous price structure would come in as strong support...but it looks like the momentum wants to push DSH to the $500 level from here, as we see a nice base form around 350 level. I'm...

Lorenz_Capital

Here we can see a follow up rally from the initial wedge breakout- I like to see price come back down to retest the previous resistance (white down drend line) to find support, which we did see. Top half of the bollinger band is gaining control, and maintaining control, as the 20MA has just been tested on the 1h chart and is not pushing towards the top of the...

Lorenz_Capital

Support coming in from fib, 20MA, trend line and psych level 0.22. On a close up chart (15 min) we can see an ascending channel forming - solid 4 hour close above downward trendily resistance would confirm another big up move in play.

Lorenz_Capital

Following todays breakout, price has consolidated around the 4500 level. - Expected to break out of this wedge and continue higher in the next 24 hours. Buy more if it breaks back down to previous highs near 4300.

Lorenz_Capital

Watching for a breakout or the wedge. 23.6 looks to be holding nicely last week's big up move. Also 23.6% fib support from the all-time high. I can't see it breaking this support, but I will wait patiently for more confirmation.

Lorenz_Capital

Here comes the sell- off

Lorenz_Capital

Strong support on a 1H and 4H chart. $5,000 psych level aligning with a 161 fib level- watch for a 4 hour close above $450

Lorenz_Capital

3 - up moves each extending 161% followed by 2 down moves wiping out 50% of total up moves...classic elliot wave here.

Lorenz_Capital

Not sure what to make of this price action - better opportunities elsewhere

Lorenz_Capital

Wave pattern could play out here. We see a nice base formed at the $300 level - expect new all-time highs for DSH