I've been looking at this since yesterday. Los Angeles 8:15PM. Going to buy btc on its way down and hopefully in the oversold. Going to create another chart with MA and EMA to track how far down the price action is currently sitting.
BTC another quick overview from Bittrex exchange 4H time frame. Los Angeles 4:10 PM.
KMD looks NEUTRAL compared to BTC performance. Los Angeles 2:52PM. What to look for: Rising wedge in the price action is a warning number 1. RSI bearish divergence is a warning number 2. Macd bearish divergence is a warning number 3. KMD was slightly bullish enough to enter the clouds where it finds some support.
Bitcoin is still under the clouds showing signs of reversal when loss of strength. Lots of strength tightening the price action leading to the rise and recovering in the alt market. Los Angeles 2:30PM What to look for: RSI needs to break above 50 for a trend change and 60+ for a bull run Price action needs to break through $16000 and $17000 to stay above the...
Lots of signals showing under-performance of LTC. BTC is outperforming LTC in which case I would exit LTC or hold for long. Los Angeles 2:04PM.
Tried to analyze XMRBTC and noticed that there is a steady run with BTC. It seems to take turns going up on the XMRBTC chart. Right now XMRBTC is showing a great place to enter. I just wanted to use this USD chart to show that it looks like a bubble from 11/06. XMR is a great technology and forefront in privacy coins. I think its a strong contender and even a...
LTC BULLISH CONSOLIDATION> Los Angeles 10:13PM LTC is having a nice healthy correction before another run up. LTC is also near its end of the consolidation so I'd expect a run on Monday.
WAVES 942 PM Los Angeles 45 Min timeframe. Waves found support on 4H timeframe and broke resistance on 45min time frame. Currently bullish on 15 min time frame. Waves just had a healthy correction.
If Neo breaks resistance it will find itself in a new target price. Lots of strong support. Slightly overbought in the 4 hour time frame but cooling off sideways for another run. Neo above the clouds means it is outperforming btc. My new strategy is to look at BTC and nothing pegged to US dollar. US dollar does not matter in the altcoin race against btc. It is...
Updating the indicators. Los Angeles 4:37PM LTC on other exchanges were much cheaper. With the same proper indicators I think I would've gotten a bigger discount.
LTC is trying to give us a chance at a discount. Los Angeles 5:14PM. What to look for: RSI breaks 40 to lower means bearish. Breaking out of current trends. Look for major supports and create a strategy to buy.
Iota 4 H Time Frame Los Angeles 10:58AM. Green boxes are areas where you can profit. Going off of Elliot waves and everything is an estimate. Nothing will be exact, I think wave 5 will be higher than my conservative profit target.
I think BTC will retest the Purple resistance line two or three times before it breaks out to the top. If BTC is overall bullish it can consolidate sideways and continue to boom the alt market. BTC is also showing signs of weakness in the RSI and MACD. Looking for the best place to take profits on all the alts and let BTC drop the entire market. Currently...
Based on symmetrical triangle breakout BTC should hit the targets before finding resistance. Los Angeles 11:21 AM. I would look for RSI breaks to see if BTC chooses to consolidate sideways. In that case we can expect the alt markets to boom. I believe BTC will continue to be bullish and hit the targets. The conservative targets are measured by the top of the...
BTC Finished the extended wave 5 Looking to correct. Los Angeles 11:55 PM. I think BTC will retrace slightly under .618 to above .382 levels. BTC has been able to retrace back to the 55 EMA levels during the bearish drop. BTC looks like it may find strong support near the 0.5 Fibb level as it was consolidating for couple days. BTC is finding support on the...
Rise bullish divergence from Macd and RSI. Daily chart Los Angeles 8:47AM. When I look for places to invest I look for the absolute bottom so that I can make the most out of my investment. I try to stay away from coins that already ran a lot from this weekend. What to look for: Cloud will be resistance for Rise prices. Slow growth to the top as long as more...
BTC is finding support on the red dotted line on the RSI indicator. Los Angeles 3:52 AM. Correction was needed in order to find new fibb targets. Correction is always healthy for this incredible gain. We should see a couple more corrections up until Nov 16th. I'm probably not the only person thinking that people are going to sell before or on Nov 16th hard fork...
WAVES BTC 4 HOUR TIME FRAME is showing bullish indicators to the upside if it breaks the top. Los Angeles 3:32 AM. Waves has some risk involved. If it doesn't break the top it can easily drop significantly. If it breaks the top we can see a run up to new prices. What to look for: RSI remains above 60 and needs to break 70+ to break the top wall. Risk...