Pivx - 4hr 1. Retraced back to the .786 from previous impulse 2. TD Sequential full 9 count retrace 3. STOCH and RSI look to be rounding under 4. #9 could be a hammer. a. 9 count retrace b. range longer than previous frame c. More volume than previous frame 5. MACD has rounded under a bit since I wrote that. and the 30MA and 7 MA have joined...
IOTA 3d chart. 1. Long Long Retrace. 2. Bounced @ .00006639 then climbed to .00001139 3. Retraced to under the .786 fib 4. Formed a hammer. I am buying the Hammer, Bullish RSI, MACD. Stoch is turning Bullish. 5. I am waiting for a slight rise followed by a pull back and then I believe we will return to the Nick line and will complete a double bottom pattern. ...
1. 16 weeks of down trend 2. retraced 100% 3. sitting on strong support 4. macd crossing over on multiple time frames 5. very low volume for this coin. It will need volume confirmation to run. 6. sitting at bottom of its channel. 7. Possible 1,2,3,4 waves complete awaiting 5th wave TRX has a habbit of extending the 5th wave due to FOMO for this coin.
XVG on 4 hr. Normal things which show a possible bullish lean. Macd has scooped under and can curl up anytime. RSI dipped into undersold territory and has started Stoch is looking bullish. Inverted H&S at the bottom of a decline. Better seen on 30 min. We retraced a 7 count and the 7th count is the Head. Head candlestick is a hammer. Next candle is a body...
XLM - 1hr,4hr 1. Forming a nice triangle. Which is comresssing 2. MACD also compressing 3. MACD curling under and getting ready to cross over 4. I marked with arrows each time the MACD crossed over 5. Yellow lines point the action which happened after. 6. RSI and STOCH are turning bullish. 7. Juicy is spelt XLM Triangles break up or down. MACD, RSI, STOCH all...
ETH / USD - 20 % short term 1. Descending wedge triangle since January 2. Largest weekly volume 4.05m since 03/2017 Last two weeks. Need to see this week close. 3. Largest daily volume since Dec. 4. MACD crossed over on 4H, 1D, curling on weekly 5. RSI daily is over bought but weekly is oversold and curling up
I am saving this here as I drew this chart on 9/2 and couldn't believe we would hit red so hard. This chart is based purely on speculation and what would be a good balanced elliot waves in and elliot waves out. Consensus from everywhere shows a b wave up followed by a strong C wave down to 5k. This chart shows low of 6k and so it most likely wrong.
1. RSI Oversold again 2. MACD curling under. 3. 500MA is at 3300 and rounding up 4. 100MA is at 3148 and angling up hard 5. 200MS is at 2600 and rounding up 6. Maybe Fractals in play I didn't see before Jaws of Wealth ? There is a second scenario for this pattern on the 4H
This is a classic ascending triangle at the bottom of a very long fall. XRP has been consolidating for a while here. Wait for a breakout to confirm. Still have to bounce a third time on bottom of triangle and then break out the top. not trading advise just charting so I can learn from doing it.
Sky - Inverse Head and Shoulders
BTC / USD 1. Descending wedge triangle since January 2. Perfect a,b,c,d,e retrace followed by 1,2,3,4,5 impulse and another a,b,c,d,e retrace. 3. May have just done a double bottom. 4. MACD crossed over 5. RSI daily is over bought but weekly is oversold
Buy Zone. TA. 1. ETC is sitting on strong support line which it has touched and rebounded from several times. 2. ETC looks to be in the basin phase of a cup and handle 3. ETC has done a full retrace from the previous run caused by listing on Coinbase. FA. 1. ETC is a strong runner when it goes. 2. ETC is a legacy coin. 3. ETC is the cheapest coin on Conibase if...
1. RSI Oversold again 2. MACD curling under. 3. Up 3% since second entry in 15 minutes. Could be good or could get very quickly bad. Jaws of Wealth ? could it be?
The 1Week chart looks even juicer as its RSI is around 12 and oversold and also looking like it is straghtening out and hopefully will curl up and cross over. You can see what has happened each time the RSI has bullish divergence. 4 marks on chart. Could be a good time to buy a small bag and set some ladders.
1D - Binance 1. Trading is a well formed triangle January 2. RSI Oversold 3. MACD is compressing and should recoil like a spring up or down with triangles. It is a good coin as far as the ALTs are concernted. You can probably expect a run to at least the top of the descending blue line which would be 15% - 20% It could also explode up from there or explode down...
1. Ran full market cyccle since November. 2. Retracing since January below original start 3. If it bounced here this could be confirmation of this Channel. 4. Could be channel or ascending triangle play. 5. Laddering in from the blue zone. 6. Small cap coin so tight stop loss. Not Market Advice just learning and posting for review of trades.
Coin recommended by RED KING After Looking this is how I am playing it. Same looking setup as many other coins.