Pheneck

Pheneck

Price reclaimed older range which caused initial breakdown in price. After reclaiming the S/R zone around 36595$, price is likely to retest that level for support. Thats the area I would focus on adding to my long positions and targeting new all time highs. Cheers!

Pheneck

Bitcoin is going to make an attempt at new all time highs in the coming week or so, that's an undisputed fact we all need to accept. I do expect a minor pullback in the form of wave 4 as mentioned in my wave count. Following that pullback, I expect the bottom channel to hold support and ignite a rally to attack previous "ALL TIME HIGHS". Cheers to all who held...

Pheneck

ZRX has started showing buyer interest on the weekly. It has slowly made it's way above key S/R level on the weekly, which hints towards hidden buying momentum. Once it has done the retest of 4710 sats on the weekly chart, it should be ready to go to new weekly highs.

Pheneck

LINK Created an impulse move to the downside on August 16th, as marked in the form of 1,2,3,4,5 impulse count. Expect another leg down after this ABC corrective wave is finished. Price should see a dip down to .00092687 in the coming week, that support zone is a key support on the daily chart and I expect bulls to heavily defend that level. That is where I...

Pheneck

Support zone being defended at 366$ currently, not much sell pressure in the market. I will be a buyer if 313$ support gets tapped, would be a great place to add for longs.

Pheneck Updated 

Bitcoin pump seems exhaustive over here, it's bound to give us a retrace down to support levels i have marked. Ideal buy zone would be around 8250 region where the mid range level is, it is also in confluence with the breaker marked in yellow. I'd hope nobody gets caught off guard trying to long bitcoin here, it could hurt you before finally resuming the bull...

Pheneck

BTC did the much needed pullback, we saw price find support at the mid range level and a nice bounce from there pursued immediately. If this is the point where BTC resumes it's rally, I expect the red dashed S/R level to hold as support(~11800$). Targeting Range High almost immediately, once that is broken I am confident it will continue to rally towards...

Pheneck Updated 

After showing such a spectacular run up from 10k support, the run up is looking exhausted, however, the liquidity pool at 11130 seems to be attracting price at the moment. I like the R/R for this long setup, as it gives a clear invalidation level at 10700 as we witnessed a clear stop run before the push up. However, I am wanting to keep my risk lower and use a...

Pheneck

Its about time Bitcoin Cash gave us the opportunity to long those steroidal rallies, this is looking like a safe bet to get in before the storm strikes next week. - Daily Bullish engulfing Support Levels: - Mid Range: .3009 BTC Resistance levels: - 25% range : .03115 BTC (Very weak resistance now, hammered 3 times already) - Range High : .03219 BTC (Strong...

Pheneck

Bitcoin is finally experiencing the retrace after pumping 1000$ in one giant candle and we have a wonderful range to work with. Resistance : - Range High (11069$) - 25% range level (10763$) Support : - 75% Range Level (10157$) - Range Low (9850$) Game Plan..... Longing the breaker (yellow zone) formed at Range Low, Targeting the resistance at Range High,...

Pheneck

LTC/BTC finally showing bull signs, as you can see we broke some resistances on hourly chart and have developed a very clear range just in time before the block halving even happening in 18 days!!! My plan is as follows- Support zones: - Mid Range level (.008697) - 75% Range level (.008440) ->> Extreme discount! Resistances- - First resistance based off of...

Pheneck

BTC BULLS HAVE SHOWN THEIR HAND. Plan A: Buy Resistance turned support- 11654$ Higher time frame S/R level- 11771$ Plan B: Follow Plan A, there is no plan B period.... Lets get it boys and girls!!!

Pheneck

We're seeing classic bullish price action on ETH/USD. Higher lows being made, as price comes closer to retest the resistance zone overhead marked in red. I expect a pull back from the resistance zone once before the final launch up to 350$!! Support - 290.40$ Resistance- 305.15$ In a bull market, supports are always respected and resistances are broken ;) cheers!!

Pheneck

Finally we get the much needed pullback on bitcoin. Price has been consolidating around 11k and has finally shown a clear rejection from the resistance zone marked in red. Expecting a sweep of the lows near 10300 level, will reassess the situation on taking long positions once we revisit 10,260$ level. Invalidation level for short trade- close above...

14:11

Pheneck

Bitcoin has been surprising everyone with it's extreme bullishness, in this video I have marked clear resistance zones which have been broken and should act as support. Moreover, as we approach the much awaited 10k level, managing your risk on your long trades will be extremely important: New untested support zone- 9442$ Invalidation level- 9282$ Target 1:...

Pheneck

We should be in the final round of "buying the dip" before price lifts off to 9700 and 10k levels. Entry level- 9210$ and 9171$ Target 1- 9700$ Target 2- 10,000$ Target 3- 10,400$ Stop loss- 9045$ Price is forming a bullish ascending triangle, supports are being held, making a third touch at the resistance level, next attempt at resistance will cause a...

Pheneck

Classic head and shoulders inverse reversal pattern visible on lower time frame Waiting for confirmation on potential breakout. Once right shoulder is competed, it should be targeting .016002 and .017742 levels Cheers!

18:09

Pheneck Updated 

Bitcoin confirmed weekly bullish engulfing - Very Bullish Sign Support zones to keep an eye on- - 8581$ - 8460$ expect a retrace heading into new weekly candle, with daily forming an SFP. Cheers!!