Trader-Elisa

Trader-Elisa

Some may see this as a cup and handle that so many coins are showing right now (since 21st March). However the volume profile doesn't match as well as I'd like... the volume was very strong pushing up to the left hand side with a lot of sellers falling out as the price then fell to the bottom of the 'cup'. However the volume pushing up into the right hand side is...

Trader-Elisa

ETHOS - the volume on this coin can't be ignored , bullish wedge is developing on top of bullish wedge. The squeeze between the most recent resistance downtrend against the bottom trendline (orange) is developing and I anticipate a breakout - likely a big one due to the massive volume increase - within the next couple of weeks if not sooner. twitter.com

Trader-Elisa

Hit first resistance but I'm not convinced Wave 5 has completed properly yet - I can only see two distinct impulses within it so far. RSI was overbought and there was some bearish divergence on that and the MFI which forced the retrace, however there was a big volume spike. May see a brief retrace then another go to make it to the 1.618 fib or the next resistance...

Trader-Elisa Updated 

Taking an in depth look at BTC. First looking at the 1 day chart - The more recent high at around 8450 allowed the price to square up that candle on the previous move down (purple dotted line, this can be more easily seen on lower timeframes). On this log chart, the price is still sitting below the important downtrend resistance from 20k, although it can be...

Trader-Elisa

Prob bullish long term, short term not many signs of going back up yet and looks suspiciously like a descending triangle on 1 hour but maybe found support on the fib. Couple of dojis on the 4 hour. Could still be a corrective wave B of the larger wave 2 or develop into an ascending triangle (two options). RSI a little high on lower timeperiods, 4 hour ok but...

Trader-Elisa

BTC still working on the Ichi cloud, not much new to report! Holding the same channel as the last week and having been rejected once off the 4 hour cloud is now sneaking along the bottom towards the weakest resistance point which looks promising. Risky point right now as hitting the log down trend from 11700 and starting to correct. RSI and MACD looking ok, no...

Trader-Elisa Updated 

I think the ichi clouds are looking really great on BTC - I watched the price hit the side of a thick cloud on the day chart then come round underneath, followed by the 8 hour and 4 hour making the same movement. Currently we're on top of the 2 hour and all lower timeframes, and primed to give another push at the 4 hour which is thinning out with every candle.

Trader-Elisa Updated 

I haven't posted much lately, partly because hideously busy for the last and next couple of wks and partly because the volatility of BTC makes it hard to predict too far forward until it settles into a more predictable pattern. This will have to happen over the coming few weeks as the price gets ever closer to the apex of trend lines. The price broke down from...

Trader-Elisa

High volume recently on LINK. After failing to make the cup and handle breakout previously (killed by BTC) it could be gearing up for a second go. Bullish divergence on 1 day and 8 hour timeframes.

Trader-Elisa

BTC - a shark ended up playing out on this one close to my pink projection previously. Target is often the 61.8% fib at 8000. Seeing some bullish divergence on the 1 hour RSI and MACD histogram, we however haven't seen closing candle confirmation yet. From prior action, and the 4 hour movement described below, we will likely see a wedge form in the short term...

Trader-Elisa

BTC Bat, mathematically perfect, let's see if it plays out...watch this space!

Trader-Elisa

BTC - now seeing some good RSI divergence on the 8 hour chart (bullish). ADX is still slanting up however, showing there is still some strength in the downtrend on this timeframe. Excuse all the lines/fibs but have left them in to show we are currently at a confluence of many, leading also down to the apex of the falling wedge (bullish) at 7200. Recalling also...

Trader-Elisa

BTC - on its way down per yesterday's analysis. We had bullish divergence on the 1 hour which led to the current bounce however we have yet to see it on the 4 hour RSI (and typically we do before a bounce is confirmed). I still think we have further down to go and also think we need a stronger correction to the confluence of fibs and trendlines (C) to allow...

Trader-Elisa

ETC - is a tough one now the airdrop is done... clearly it has a lot of opportunity having had highs of 820 previously but it did just barrel through the mid term trendline. Volume is high compared to previously and there is apparently a wallet release on 31 March but not sure whether this will have a great effect now. There is some nice bullish divergence on the...

Trader-Elisa

BTC - a touch off on the timing of this ceiling, but all that divergence on the 4 hour means we really need a decent correction for the past couple of days. Note also the declining ADX gradient and divergence, indicating tapering off of the upward trend, alongside declining volume. Price has bounced off the bottom of the 1 day Ichi cloud without the momentum to...

Trader-Elisa

MUSIC - possible next leg. Price squeezed tight with the bollinger bands 2nd and 3rd st.dev. both inside the Keltner Channels on the 1 hour. On the 4 hour, the price is sitting on the median of the bands, MACD and TK cross are close. Next target on the fib at 374.

Trader-Elisa

NANO broke previous wedge but may have formed a new one using a previous resistance diagonal trend line. Not much history to go on here! Having bounced from 50% to 78.6%, the price is now sitting on the 61.8% fib, with an upward pointing RSI and MACD with the latter looking for a recross. Looks like some bullish hidden divergence on RSI too. Finally, the price is...

Trader-Elisa

It is a slow burner, but if it finally makes the cup and handle breakout, LINK has a target of 17.5k. 1.618 fib at 15k. Put stop loss below the orange line.