I call it how I see it and I spy with my little eye that we recently have a double bottom in and currently making our way to a very important resistance line at about 1100-1200, if we break through this line expect a huge run, if not expect to retrace all the way back down to our major support lines at around 7k-6k area. RSI & MACD are locked and loaded and ready...
Exactly what I said. Most likely. Could always break downward... Or continue sideways! Thats always fun!!!... But I like to stay optimistic and run with current market sentiment. RSI is pretty much reset and MACD is ready for a run. Have your popcorn ready. If TRX makes a run for it expect to test the current market high at around 1075 Satoshi's. If it doesn't...
Self explanatory. Enjoy. Please like, comment, or subscribe. Thanks!
Not sure if its because I had no sleep the past 16 hours, but I believe we have a giant symmetrical triangle on an uptrend for the 4 hour TRX chart forming since the beginning of the month. You know what that means, a nice giant measured move up if the triangle completes and a breakout occurs. So far most of my triangle calls from previous TA have been predicted....
Love triangles, just love them since they give me a good time frame of what to expect and how to prepare when they start forming. So far they are my favorite and makes things less confusing, and more profitable. Thats just me though. Descending triangle seems to appear here and perhaps we may see a run close to 530 and a good scalping opportunity. RSI looks like...
Double top, bear flag, negative divergence on RSI. But because there is a strong buy wall on the 500 mark, it can still make a quick run to 530 for a triple top then back down to the abyss closer to 480-450 range, where it should be a long again.
Everything points down I guess. Looks like a good short at least to 470-450 range, and a good buy from the same range. Lets see what happens but everything points down short term from my end. Someone please correct me if I am wrong, lol. May be ready to retest at 530 again and sell since that area has shown to be tough to get across, if not expect to reach the...
Forgive the sloppiness but you get the idea.... Due for a reversal of the down trend based on the E-Waves. Not sure when but should be soon, April should be a very interesting month, stay tuned for a more detailed analysis, hopefully.... I doubt the overall primary trend would reverse, should be good to goooooo once we hit bottom in the near term. Like, comment,...
Open your eyes! We going no where but up: 1. Bear market truncation 2. Higher highs, higher lows 3. More Whales (soros, etc entering the market.)
First wait for channel breakdown below 350-340 range for the shorting opportunity. Like comment or subscribe! Thanks.
Whats going on guys, on the road but wanted to point out very quickly we have broken out of the short term down trend in green already and have made way to a very important selling range, if we make our way past 420 we have a strong chance to test the major intermediate wave two trend line and potentially a full reversal of the market into wave three of my...
Looks like we broke down from the symmetrical triangle channel, and now in a descending triangle which is still a bearish indicator. On the 4 hour we also have a bear flag so most likely down soon, but probably not before it bounces from 360 one more time. There is also still a chance there could be a double bottom and then a reversal. So watch out for a...
Sup gents and gals, was up last night watching ETH COINBASE:ETHUSD ,in our very near term looks like we have another symmetrical triangle (minimum four reversal points, and diminishing volume) forming in red which usually tells us that the current intermediate trend is going to continue, which is DOWN. How far down? Anything can happen but from what we have...