NodeInvestor

03:21

NodeInvestor

A look at some recent BTC impulse moves higher and subsequent price movement. I prefer bull flags that drift lower on lighter volume and then push higher on increased volume. However, ultimately the breakout volume and follow-through move is what's important. Box A is yesterday's move showing an ideal pullback level. Box B is the Dec 17th move which turned...

05:37

NodeInvestor

Prices broke below support and spiked lower yesterday. After a small bounce which formed a bear-flag, we saw another break lower today. Here are few ways this could play out near-term and some levels to watch this weekend.

04:10

NodeInvestor

What is the rising wedge pattern and why is it considered a bearish pattern? Quick explanation of what it is and how it works. More video training at: nodeinvestor.com

02:58

NodeInvestor Updated 

After a couple days of pullback, the RSI on the 1hr chart has fully gone from the high extreme to the low end so a from bounce here is likely. However, the momentum is still in favor of the bears and the EMA's continue to point down. On a bounce from here, there are two resistance levels to watch. First is the 6474 level and then 6520. Looking at the fibonacci...

02:32

NodeInvestor Updated 

The 1hr chart is looking like a bear flag as it bounces higher and at resistance now. The good news is that prices found support right at the breakout point which is support now. On the 4hr chart, the support level corresponds with the 22 EMA. The 4hr view looks positive so if we see a break lower from that bear flag on the 1hr, it may be a buyable dip with the...

NodeInvestor Updated 

After breaking higher this weekend and temporarily clearing the resistance zone , prices have been pulling back. This pullback has been constructive and has allowed for the RSI to cool off while the EMA's catch up. This pullback has set up a bull flag and secondary entry point with expectation of trend continuation. A daily close above $6420 would be needed to...

02:19

NodeInvestor

Prices are consolidating just below resistance levels on the daily chart after bouncing for the last few days. It would not surprise me to see some profit-taking from this level so we could see a pull back here. However, the 1hr chart is still holding up and prices are forming a symmetrical pattern. It could break out either way so I'm going to tighten up the...

03:15

NodeInvestor

For many cryptocurrency traders and investors, the past year of price history represents the bulk of their crypto experience. 2018 has been a roller-coaster year and October's relatively flat prices marked the lowest volatility since late 2016. The pressure is building and we will ultimately break out of this range! Which way it goes next is anyone's guess but...

NodeInvestor

While the daily trend is still up and the volume signatures are positive, it's important to watch this potential rising wedge on the shorter timeframes. The RSI & MACD are also starting to diverge signifying some loss in momentum. Several other names are also showing divergences at the recent highs (NEO & EOS for example). The lower trend-line is now a...

NodeInvestor

The battle for $4400 bitcoin continues. So far the channel has held but we're right at the support line. A break below could see BTC retest the $4100 area. Further strength will take it to $4600 before the next pause. BTC is the one to watch here today/tomorrow.

NodeInvestor

NEO has been forming a channel during this recent consolidation and is now putting in a nice bull flag pattern. I'm looking for a break above the descending trend line. Projecting out a measured move using length of the flag pole, a break out could take the next move up to around 0.01 BTC.

NodeInvestor

The chart of LTC/BTC may breakout here if support at the moving average holds. No buy signals yet but look for a break above the descending line with volume.

NodeInvestor

These are the levels I've been watching. I've been pointing out the descending triangle we've been in and it finally broke below it. Let's see how low it goes. It's currently at the next level of support so it could bounce here but ultimately, I think we're going lower. However, Bitcoin will present some fabulous buying opportunities. I'm still a believer...

NodeInvestor

Stratis has hit a key support level multiple times during this consolidation but has continued to find resistance along the descending trend line. That declining trend line is now meeting the horizontal support which also happens to coincide with a key fib ratio. Volume has been drying up during this correction which is a bullish sign that the selling may be...

NodeInvestor

I prefer that these patterns were formed on the daily charts as they are much more powerful then. However, it looks like BTC is breaking out of a nice little inverted Head & Shoulders pattern on the hourly charts. Good to see it bounced and didn't head back down around the $2,600 mark. Bitcoin looks good here.

NodeInvestor

After a big run up, stratis has been consolidating very nicely for most of June. The sell volume on the downtrend has been very low which is a great sign. Stratis is on the cusp of breaking that down trend and volume is starting to pick up again. I'm watching this for a resumed move to the upside.

NodeInvestor

Stellar Lumens finally finds a solid bottom around 1400 satoshi. This also happens to coincide with the 78.6% retracement level. Shorter-term EMA finally back above the longer 30 period EMA. Looks like it wants to move up here. We should see a move up to 2400 SAT a least before testing resistance.