About meThe Trader's Corner creates Cryptocurrency Education, Training and Charts
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I have been busy so, sorry for lack of public charts here. I have put in the related ideas the follow up of BTCUSD since 08/07/2018 so we understand where I come from here.
As always, easy to put up a chart and say I told you so. Truth is that this big move that we saw yesterday is well a big move.
This is what happens when fundamental is aligned...
Kindly Remember to like the Idea if you feel it deserves it. It helps the channel and is greatly appreciated.
Good opportunity here in the 1h.
From 599.49 low, the first sequence is a leading diagonale that ends at 831.00. From there, the first sequence to 737.22 is truncated and failure to take out the high on 04/07/2018 would result in bchusd...
Please do not forget to like the Idea if you feel it deserves it. It is very much appreciated as it helps the channel. Thanks
ZRXUSD 1H ASIA UPDATE - 05/07/2018
Following previous post in the 4h, here is the plan.
Chart self explanatory. Green box is a sure buy (in the sense that I will buy there for sure), yellow one is shaky as we would have a...
Hope you guys are doing fine. As a reminder, please like the Idea if you fell like it deserves it, this helps tremendously the channel. Thanks in advance.
ZRXUSD has been good to me in March and I wanted to share with you here this 4h chart because we have some good potential. I will post the 1h if we have a possible pullback as 0.574026 looks...
New idea for BTCUSD with a trade setup for soon, hopefully. Remember to like the post if you feel it deserves it. It helps me a lot and is very much appreciated. Thanks
BTCUSD 1h ASIA UPDATE - 05/07/2018
With this new high at 6,792.28 and rsi divergence, we have enough swings to the upside to call first leg of new cycle from 24/06/20178 completed,...
And I'm back (and happy) to posting here in TradingView. It's been a long time, lot's of change and new stuff... Anyhow, back to the chart.
Break of 5,920.72 was bad! Very bad! It was predictable as an option only but it is what it is, I guess. I'm out of all my positions in BTCUSD (stopped out at break even). The good point (for bulls) is that...
ETHUSD 4H UPDATE - 21/06/2018
From 358.40 low, ETHUSD posted a clear motive 5 waves to 832.37 high. Since then, market has been correcting. Equal leg for green cycle was projecting 548.82-502.99 with possible extension to 428.82 and initial call of correction ending at 506.30 has been denied but the view remained unchanged. With new low at 449.65 with RSI...
ETHUSD DAILY UPDATE - 21/06/2018
Correction of cycle from inception to 1,420.00 high is called completed at 358.40 and while above this level, we should see more upside and a challenge of 832.37 to initiate a bullish sequence. Until then, the altcoin is navigating within equal leg area at 581.61-174.72.
From 358.40, ethusd bounced in and is showing a motive 5...
BTCUSD 1H ASIA UPDATE - 21/06/2018
Bitcoin ended the sequence from 7,790.69 high at 6,120.00 with break of RSI trendline on 18/06/2018/
And therefore, cycle from 25/04/2018 is called ended, providing an opportunity for the historic crypto to resume.
Shorter term, equal leg of cycle from 6,120.00 projects 6,904.81-7,038.96 in a possible regular FLAT (3-3-5) if we...
BTCUSD 4H UPDATE - 21/06/2018
Lots of conflicting signs with break of 6,427.16 which reflects the uncertainty of market conditions: Everybody being long, there is an impossibility to go higher without fresh longs (therefore seller and new buyers with money), and those can only come from big players which are now testing the market to check if they can buy lower...
BTCUSD DAILY UPDATE - 21/06/2018
What makes the daily bullish is the motive 5 waves to 19,666.00 high, because since that level, we see lower highs and lower lows ... So that motive 5 waves does not call the end of the correction. Daily time frame is pretty long term view for an individual trader.
Now, break of 6,427.16 few sessions back was disappointing for...
BTCUSD WEEKLY UPDATE - 21/06/2018
In weekly, bitcoin has ended a sequence from inception to reach 19,666.00 high last yeast and since then we have seen a correction (past 6 months).
I proposed to end the correction at 5,920.72 but as mentioned before, this is a soft support because there is no bullish sequence as of now and true support is 0.00! The end of the...
I have been saying this long time ago, the lockup in crypto is that everybody is long and holding. Referring to Rodrigue charts, public must be purged at some point for the market to resume its trend. So new lows in NEOUSD and outlook of other altcoin could be proving the point here.
Problem is where will it stop? I don't have the answer and any level proposed...
Things are getting complicated... or very clear (only future will tell us haha).
We are in the zone where it happens to the upside, otherwise it is gonna be messy
4h view is unchanged, no there is no need for big end of the bitcoin talk. Levels are in place and we know what to do or not to do!
Every week, for one...
NEOUSD 1H ASIA UPDATE - 10/06/2018
Price pushed down below 51.66 and is heading for a double correction to 50.12-48.17 in confluence with 48.34-47.45 (equal leg area of cycle from 58.31 high overlaps with invalidation level 47.45). So alternate view was the right path chosen by the market (seen it coming as I mentioned NEOUSD was heavy for past few sessions but...
NEOUSD 1H ASIA UPDATE - 09/06/2018
FLAT from 02/06/2018 high ended at 51.66 and bounce reached 54.96 before turning down in what appears to be a FLAT with sequence from 07/06/2018 high as a 5 waves down to 51.81 within equal leg area as proposed few sessions back.
So, as long as above 51.66, we should see higher toward 55.10-55.88, possibly 57.14 to either...
NEOUSD 4H UPDATE - 09/06/2018
View unchanged, although NEOUSD is very heavy in lower time frame and trapped in a tight range for last 3 days. RSI trendline is holding and we still need a break above 58.31 to confirm a bullish sequence and give 47.45 more conviction as end of cycle from 25/04/2018.
Invalidation level to the upside remains 44.16.
It has to be...
NEOUSD 1H ASIA UPDATE 07/06/2018
First sequence from 51.66 low ended at 54.96 and we need this level to break to the upside to propose a bullish sequence to the upside. Until then, NEOUSD is still under the pressure and failing to hold 52.33 would send the crypto to challenge 51.66. If this level fails as well, we would have a double correction towards 48.34 and...