Sir-Kameleon

Sir-Kameleon Updated 

The Good and Bad 1. The pull back can be deep -40% down to the 40K range ... Extreme i know but this is if History repeats with a chart. 2. I am looking for some patterns or catalysts for the blow off top action. It will take some serious pump to reach these higher numbers. 3. When it rockets 115 - 120K is the first resistance zone i see .. depending on the greed...

Sir-Kameleon

How I determine the price action. * tools... 1. SMA's ( simple moving averages) 5,10,15,20,40, section 1 50,75 section 2 200, 233 section 3 2. Fib's a. Trend fib b. Retracement fib 3. * Moon phase ( InSillico's 4 season) 4. BTC and news. I start with where is the price in relation to the 200 SMA on the...

Sir-Kameleon

Full disclosure i have some Chiliz in my portfolio. I see this as a very slow rise with lost of up and downs to shake out the out of position hands. I did not see the Rising wedge as the play until BTC pulled back after its hit of the first ATH on this run. The near term targets I see will be the 0.618 fib @ 0.19c The lower target down to the wedge bottom...

Sir-Kameleon

If this chart plays out.. WOW. I like what I am seeing even if BTC pulls back hard. INJ got on top of the pennant and appears to be holding trend. The 40SMA is in play for a bounce. I can easily see this filling the whole flag pole as long as the BTC - ETF buying continues. I would be looking for a new shape to form between the 1 fib. $58.90 area and 1.272...

Sir-Kameleon Updated 

We hit that 15 sma nicely with the 0.382 fib. Unfortunately it looks like we are rolling over and going to pull down. ** we could get a second bounce on that 15 sma, it has been consistent. The lower high was not surprising to me because of the weekend slower price action and BTC not making a move either way. Lets see what patterns show up and keep and eye on...

Sir-Kameleon Updated 

A. Bart Simpson? B. Very large Head n Shoulders? C. Bullish/ Bearish Flag? D. All of the Above? E. None of the Above? What do you see and believe will play out? * I changed the time frame from a 3 hr to a 12 hr .. I like seeing the bigger picture. I believe there is some downside to come before we go up to ATH. Will it be minor and tag the 40 sma and bounce up?...

Sir-Kameleon Updated 

The 200 sma is very significant resistance that finally broke over and stayed on top. The pattern that shows tends to hold at this point of contact. I can see APE getting to the 1.618 but get rejected at this top trend line. This trend line is from the ATH and has held every time tested. The 1.618 is a small window but is likely as the markets push up before the...

Sir-Kameleon Updated 

We are certainly in new territory. BTC is being pulled in both directions. History & TA ------------ ETF buying & FOMO My Crystal ball is at the shoppe for an upgrade, so I am unsure which has more weight. I believe both are very likely and add in the making history part, we are in for one hell of a ride. Stay vigilant my friends.

Sir-Kameleon Updated 

Not much has changed with this chart. We are working the pennants' range currently and watching that 200 sma. BTC will decide the fate of the direction. If the break out happens to the up side. Wow!, it looks really good. Keep the stops active and protect them profits. I cleaned up the chart some to help see the action better.

Sir-Kameleon Updated 

Not too much to add here. The break out occured from the Wyckoff box and is currently holding. Looking back at the price action WOO likes to make big moves and then give most of it back only to push up higher.. that has been the trend thus far. I have no reason other than BTC pulling back hard that this pattern will not continue. My price targets are still in...

Sir-Kameleon Updated 

This pattern and chart look very promising to me. As I work this chart idea WOO is breaking out on the 1day chart. If this can close and hold I am confident in this analysis. WOO is riding on top of all the SMA's and that is good. The up target will be in the golden pocket so that is great news. Algorithms and traders like that psychological area. If it fails...

Sir-Kameleon Updated 

Lots going on with INJ. You have a Pennant that is about to make a deciscion . a. if it breaks out on its own it could get to the $60.00 range. based on the break out area and the flag pole length. b. if it breaks down and under the 200 sma you will have a very ugly bart simpson pattern. that could be a 40% drop down below the 0.618 fib to previous...

Sir-Kameleon Updated 

This is what i expect if BTC and ETH pull back to that historic 10% levels before pushing up to new highs. Target 1. is a pull back of low 20% range. $0.90's Target 2. This is a bit scarier because that means BTC and Eth are pulling back hard. Mid 30% range down to the $0.80's and $0.70's Good luck and keep that powder dry until time to pull that trigger.

Sir-Kameleon Updated 

Confluence is important with market sentiment. Be cautious www.tradingview.com

Sir-Kameleon

This is for the new trader trying to find what works for them. ((Note.)) It does not have to be your idea to work. I struggled with this in my trading early on and it cost me money, stress, and lots of doubt. I am sure this has been shown in some way or another many times over. If you have never seen this concept before then I hope it helps you win. Concept :...