OrnusOfficial

OrnusOfficial

You can see the inverse head and shoulder that formed in the blue circles and the double top that is finishing up forming by the yellow circles. BTC still moves in the channel that has been formed since the rally a few weeks ago but, the double top and the beginning of the red ichi cloud (red circle) indicate that we are going to see another drop towards the...

OrnusOfficial

BTC broke out of the lower bound of the channel it has been forming since the big rally up from 4k. However, strong buying volume brought the price back into the channel very quickly. I think we will soon see whether we head back towards the 4600 level around the 0.5 Fib level. If we do see a strong bounce back towards the upper channel the rally may still be...

OrnusOfficial

AMD has formed a channel and appears to have just broken out below the channel, spending a good portion of today climbing back up to retouch the bottom bound of the channel also the 0.236 Fib level. If buy volume doesn't drastically pick up and push price back towards the upper bounds of the channel, AMD is likely heading down towards the 0.5 Fib level around...

OrnusOfficial

If BTC breaks out on the lower bound of the flag/channel then a drop towards 5530 will be the first support as the upper bounds of a previous trend. A break of 5530 means a drop towards the 5400 support level which is also the 0.382 Fib level is likely. If a drop to 5400 area occurs and the sell volume is beginning to dry up by this second drop, then a bounce...

OrnusOfficial

BCDBTC is getting ready to move back up after double bottom on a very strong support at 205sats. Target is around 255sats with a possible continuation move move to 265sats back to the 0.382 Fib Level. Daily Volume for this coin is EXTREMELY LOW currently so even a little bit of inflow of capital can drive this coin up fast.

OrnusOfficial

BTC has be bouncing back and forth in between the wedge-like channel. Think we will see a brief relief with the failure to push BTC down through the green Ichi cloud. Next step here is a bounce up back towards the upper channel where it will hug the upper bounds for a little bit before a drop back towards the 0.236 Fib Level where the green trend line has been a...

OrnusOfficial

Inverse Head and Shoulder Pattern finishing up, possible short term play for a small profit if breakthrough of 0.382 Fib occurs with volume support. Break of upper channel will be a stronger buy signal. Near term price target is around 0.00048BTC.

OrnusOfficial

NEO appears to be bottoming out around 0.0021BTC. On the right chart (60m), you can see the ascending triangle forming. If the volume is weak the breakout may only go to the 0.5 Fib level around 0.0022BTC. Watch Volume at the Yellow Circle in breakout above triangle occurs. However, with sizable volume, a breakout could send the price back up to the bottom of...

OrnusOfficial

SQ broke out of a descending triangle pattern that was forming for the past two months. In the short term there is a possibility for a brief recovery back to around $73. The orange arrow highlights the path for a brief recovery, following the pink trend support. However, if the price reaches the resistance at $73 and fails the break through with significant...

OrnusOfficial

PEP has been forming a large ascending triangle that has been in play for over a year. PEP just broke out of the triangle recently so watch for the brief consolidation and bounce on upper trendline of triangle around $122 for confirmation of the new price target from triangle at around $135-$145.

OrnusOfficial

The breakout above the resistance trend line, followed by a retracement to the top of the line as a support and also the 0.382 Fib Level will signal a buy. Price target estimated back up to old high at $0.39. Set stop loss around $0.32.

OrnusOfficial

AMD currently forming a bear flag, spending today bouncing between the upper and lower bounds. The two circles are to show that we are not in the same situation from two days ago where a clear ascending triangle was forming. The pattern that has formed here is a bearish flag and if tomorrow open doesn't break above the channel, then a break of the lower bound...

OrnusOfficial

Near term play. BTC finishing up it's short consolidation from the recent rise back to 5200s. After touching top of Ichimoku Clouds, bounce back up towards 5320 possible. However, watch volume for confirmation, need an equally strong green bar for the run to 5320 to be a sure play.

OrnusOfficial

Small bounce back up to the bottom of the cloud at around 1.33-1.34 to finish the double bottom that occurred around 1.27 before continuation downward to 1.11 at the 0.618 fib retracement.