bambam320

bambam320

I drew the trend of BTC for all of last year up until today. Since then, there have been 4 counter trends to our clearly outlined and proven bullish major trend. While these last 4 counter trends have taken dissimilar amounts of times to return to an uptrend, they have all retraced by roughly 45% and continued to rise up. Time is very important when trading and...

bambam320

I'm using XLM here because it's a good chart based on average market movement. It seems that we'll be moving sideways for a few months until we'll see renewed interest and investment into the market and we make a move beyond current highs.

bambam320

short term trend consolidation has not been broken through. Long term rising trend is still holding and the cloud is supporting that trend for the most part. Should see movement sometime today.

bambam320

Looks like we'll have similar repeat of the consolidation period before the trend continues. Based on similarly structured climbs.

bambam320

Maybe ripple is running out of steem but with the hype, we're not done yet. Good chance here for a .30 move until this time tomorrow.

bambam320

Investing is way better than trading but if you've been in like I have from lower, This might be a good place to take profit if resistance is too much and sends it back down. I missed two of these opportunities since it topped out at .87 and entered what I hope to be a pennant pattern last week. The high of the wick has created a lower high and this may not be...

bambam320

Up from $100 to $360 in 4.5 days and has been consolidating for 6.5 days now. On the 4 hour chart it seems to stay well above the support of the cloud span A. I would expect a completion of the pennant pattern very soon with a target of 377 or 411.

bambam320

While still in an uptrend, eth/usd has been pulling back for longer every 12 hours or so. The price of the close wick at the deepest part of these pull backs has been creating higher lows and falling fairly close to consecutively higher fib levels. This could mean that consolidation is the name of the game at the moment and we're looking at higher prices later...

bambam320

Using trend lines and fibonacci retracement scale on the 1 hour chart. I was glad to be wrong about the previous idea but it hasnt broken out of that trend yet. On this time frame it's finding resistance at consecutively higher fib levels and breaking through after retracing and resisting the next lower level. Let's hope this trend continues.

bambam320

Using Ichimoku cloud and Andrews pitchfork on the day chart. Firstly, Since its up trend began in June with an ATH of $400 it receded and moved along in a range until last month. Since then its met resistance in the median of the pitchfork where it has stopped at the moment. I would like to be wrong but without any profound fundamental news pushing it higher, it...

bambam320

The one hour chart shows aggressive chance of breaking above resistance at 471. Smaller time frames indicate the same and trading above chikou-sen and the cloud are good signs of further climbing. I'm in from the previous step at 410 and will be holding.

bambam320

If this happens a third time, which is what we're all hoping for, then I can see a serious rebound reaching new highs starting in early to middle of November.