Trader-Elisa

Trader-Elisa Updated 

Head and Shoulders complete followed by what may be a double top. The price has started to drift down towards the bottom of the Bollinger bands. MACD hasn't yet crossed, nor the long/short EMA, but the former looks primed to do so. Support possible at 10390, 9370 or 8800.

Trader-Elisa

ADX is converging well onto the 23.6% fib and is currently in a symmetrical triangle with opportunity to go either way with further support below at the 10 level. Convergence may take another few days. The longer term picture shows a bullish falling wedge indicating an upward trend may come. Volume analysis shows strength at the current price point and upwards to...

Trader-Elisa

A bullish flag formed followed by a bullish falling wedge. The recent low of 8900 bounced off the longer period's trend line. Currently the price is sitting at the longer period fib 23.6% and is above the moving average. Signs are good for an upward trend, however volume has decreased, so there may be a delay before we see any changes. News being released on Monday!

Trader-Elisa Updated 

Seems to be following trends on the 4 hour, placing a trade on this one.

Trader-Elisa Updated 

A lot of watching going on today - Seeing what this trend is doing for maybe a short term buy. However volume falling against current mini-rally!

Trader-Elisa

Updated analysis - so ADX broke support, probably due to BTC's volatility over the last few days I hope you waited before entering or held! I'm risk averse so held off until the fall was over... and then some! Luckily got in at 125 and set an SO for 143 (just below first resistance line) and made a nice overnight gain. Watching now to see if it comes back to the...

Trader-Elisa Updated 

Buy low sell high?

Trader-Elisa

ZEC trending up but about to hit resistance, RSI heading into overbought. Wait and see if it breaks through!

Trader-Elisa Updated 

Watching movement against the channel, potential support and resistance lines.

Trader-Elisa Updated 

Keeping an eye on the RSI.