beastedz

beastedz Updated 

For now we need to see where that red RSI closes in the 12h time frame, this will have a large affect on where we are headed in the NEAR term

beastedz Updated 

Overall from what I am seeing in these time frames it does NOT look like we are ready to enter a bullish trend in the mid term time frames. We are likely to trade sideways at best allowing time for the green to come out to the side and get above the white energy and the red RSI to come up above 50. At worst the green line falls with the energy and stays below it...

beastedz Updated 

For now it is looking like we need more time to consolidate at these levels to allow time for the green line to go out to the side as the energy falls. This would set us up for a bullish trend once the energy starts to come back up We may see a "small" move up based on what we see in the 1 day time frame but for a big PUMP we need to see similar action in those 2...

beastedz Updated 

For now it looks like we must watch to see whether the green line comes out to the side in the 6h and if the red RSI can close above 50 in the 12h.

beastedz Updated 

Reasoning is posted in the text bubbles. Note we have to be careful here due to what we see in the higher time frames (2 day)

beastedz Updated 

For now I will label this as a long position because it looks like link has more room to run up for the next 24 to 48 hours based on the 1day time frame Although we must be mindful of the 2 day time frame. This will tell us when we need to get out of our long and flip short. or whether we continue in the long position Note this is not saying to enter a trade right...

beastedz Updated 

This is simply to learn how to spot the entry points using the ward method and the recent price action as a teaching point. Now would we close out the position or let it ride? This depends on how higher time frames look and also how these candles close. I will post another chart after the next daily closes which will also give us a new 3h, 6h, and 12h candle. We...

beastedz Updated 

Currently looking like Link has a fairly decent chance to see the upward pressure snowball into the 12h/24h time frames. Long here with a safer entry being the 3h chart closing as it is in the chart published Even safer entry being the red rsi closing above 56 the 2d/3d do still look very bearish but the red rsi going above 50 in the 12h would clear the way for...

beastedz Updated 

Link looks set up to dump and have another respectable rally soon after

beastedz Updated 

I will type out the explanation in the description to avoid the chart being filled with text bubbles. The first chart gives us the short term trend. The second chart is where we look for entry. The numbers refer to the number labels in the chart (1 and 2) 1. We are watching the energy in the 24h time frame as the red rsi has closed above 50. a)notice now...