Ticker: COINBASE:BTCUSD Timeframe: 15min/2 weeks 1- RSI is overbought more so than most the time in the past two weeks and looks to be ticking down. 2- MACD is higher than it's been the majority of the past two weeks. 3- If the elliot wave analysis is correct BTC is ready to move from a wave 3 to a wave 4 in time with the MACD and RSI cool off. 4- If the...
Ticker: COINBASE:LTCUSD Timeframe: Daily/All History 1- When taking a Fibonacci retracement from the all time low to the all time high we see that a possible front run of the .786 may have happened twice. Denoted by the gray box. If we were to retrace to the 1, we would see $3 litecoin, which, while I would capitalize like crazy, I don't think will happen. 2- ...
If my H&S formation plays out, COINBASE:BTCUSD may be at the top of a wave failure denoted by X and heading down to Z @ around $7600. $7600 should hold, unless FUD takes over, in which case we may see the high to mid $6000 range again (one last time). 04/20 should be close to the last day of the bear market. 15 min RSI and MACD looking to downtrend ASAP. (No...
COINBASE:BTCUSD seems to be completing a H&S, in which case we should see a break down to $6900-$7300. I think for sure we'll hit $7700-$7800, but going below that can be dangerous. RSI and MACD may be hinting towards quick reversal down. Trend WILL effect entire market. Exception, a few random alts. Short Term: Bear Mid Term: Neutral Long Term: Bull
Idk what deformed humans you guys have been looking at, but I just wanted to clear up the proper anatomy. Lol. Demonstrated on COINBASE:LTCUSD (not saying this will happen)
BITFINEX:BTCUSD Are we just seeing a textbook retracement? RSI ticked from overbought. MACD sharp downtrend. Sell volume confirmation. Swing high to swing low gives a .786 retrace to $3142.44, or a .618 retrace to $5439.40. Still biased bull. (First idea, new trader, rip me to shreds. lol)