I thought eos would slowly fade after the massive pump it underwent and it could pop and drop here but its def something to keep on your radar. We have broken the down trend line and also broke the decreasing bearish vol and now have significant increasing bull vol which is a good sign that we maybe off for another big move. A lot of these coins especially lately...
I was a little cautious about getting back into bch after seeing how big the up move was especially after seeing the first major move within the first month of trading when we got up to almost 900 then it fell to like 300. Didn't want to get involved in a very risky trade but you can see we have a break of the one hour downtrend line. This is also a very common...
bearish divergence has indicated all major pull backs in btc wait for confirmation
not gonna post a lot here because it has to be quick get in at 7045 you can play a short term 5 min bullish divergence could lead to longer term but only exect a short term move
I mean I know it seems that this will never end but a pullback at least looks like its coming. Not gonna write a lot here becausei have a million things to do at the moi always try to look at other pairs of btc not just usd which is the only reason i used krw. We did get some significant vol at the top selling vol on Bitfinex as well
There is really no indication here of up or down but the way btc has been moving so quickly up in such a short time period you have to anticipate these moves by taking good entry points and setting stop. if you wait for the breakout a lot of times you miss a lot if not all of the move. This pattern is well known if you been in crypto currencies for awhile....
not much to say here but bearish momentum has forme before both major corrections since april and this would be the third if we continue to see a pullback. lets see what happens here I have posted previous charts when these corrections occurred if you want to check them out!
The areas highlighted are possible support area but i believe we will at least get to the black line previous high of btc from run august. You can also see the bearish divergence I highlighted. It is also on the four hour chart I just felt the one hour had better details. The four hour bearish divergence when on both macd and rsi has been an indicator for every...
Were still not at all time highs usd value for lumens and with ibm stating they are using there technology this is a big deal and I would say we still have plenty of upsie. We have cooled off most of the day and we are begininning to wedge out on smaller time frames. We need to almost double in usd value to break all time highs so taking a position here around...
There are a few things to watch out for one being that the stoch rsi is at its peak as well as the cloud breakout has not closed above the cloud so actually wouldn't be considered a kumo breakout until it closes above the cloud. I look for an entry on the .618 fib retracement at 690sat which is on the chart attached. We are seeing good vol on this leg up so I...
I am having major issues publishing chats and having slow internet connection. I will try to remember everything I wrote and get all the info back in. The major thing to notice is cycles in the market. cycle 1 btc to 1800 all alts ran. 2 btc to 3 k still most alts ran with it. 3 btc to 5 k and leading up to it the previous alts that ran with btc prior continued to...
If you have been in the market for awhile you have seen that xrp and xlm or steller str have traded and moved in tandum or together. Ripple has gained a lot of momentum over the past few weeks and though lumens have leveled out and went up some nothing like xrp which is only 33 percent below its all time highs. Steller lumens is still down only about 25 percent...
As all ico coins do the dump happened soon as the exchange started trading but now you see a leveling out around the 300 sat mark. If you have been around crypto awhile you know getting in early on a new coin and waiting for the first big push up can be very very profitable. I caught it last night and scaled in and out for over a 15 percent gain in less than an...
I learned this from the guys from bulls on wallstreet or now bulls of crypto and the shred lounge on youtube check these guys out if you get a change. But the first test of resistance is usually rejected but the third or fourth is usually when you see a break unless you have unusually large vol. I don't see tons of volume coming in at the moment but the chart...
I posted a chart saying go long on btc and we have had another leg up. I did think we would start to get a sell off in market cap an that has not occurred. Last two run up all time highs of btc was the alts starting to sell off btc dominance running up then one btc started to sell off the whole market cap started to sell off. I thought after yesterday we would...
Every big pull back has been indicated to me by a bearish divergence on both macd and rsi. I will only trade into a reversal or a pull back or breakdown when we see a divergence on at minimum 4 hour time frame. Because we dont have that at this point i do believe we have another leg up. Also this is a bullish consolidation pattern which will most likely lead us...
I'm personally gonna try to get a decent short entry on this which I have starting scaling into with only a very small amount at a time. There is not a lot to tell you to short here so its kind of a flashback kind of moment to me personally. I remember the last fork as btc went up up up btc dominance kept climbing and alts were getting murdered. It seems like a...
The black lines are the resistance lines an the yellow and red are the support lines with the yellow being the most recent low that the bulls must hold to keep the momentum in their favor and keep the uptrend in tact. Looking at the smaller time frames which i attached a link below you can see a nice consoliation forming a pennant or flag no matter the name its...