billcondrad

billcondrad

Over this 4hr chart we can see a potential Elliot wave pattern. For this to be confirmed, first it should break above the 1.272 fibb level and then reach the 1.618 level. After those two scenarios, expect a correction. Elliot wave pattern are fractal which means this might repeat on higher timeframe once it succeed to reach the 1.618 fibb level thus making this...

billcondrad

As long as LINK hold the 14.980 and 13.450 USDT chainlink is still fine. These levels are crucial for the continuation of the uptrend; validating and confirmation of the hidden divergence found on the MACD and 21 period RSI on the daily timeframe.

billcondrad

While most are probably in focus on the daily or hourly timeframe, for me it's the weekly bars are the real deal in looking at the overall market structure. As long as LINK hold the 14.980 and 13.450 USDT chainlink is still fine. These levels are crucial for the continuation of the uptrend. If LINK will close below and stays below on these levels then it'll be...

billcondrad

The line you see on the chart are the fibonacci 0.618 and .5 (yellow and green broken line respectively), another yellow ray plotted on its local low, a white line extended on the right side of the chart plotted from its ATH 16th of Dec. at 20:00 GMT, and an 21 EMA on a weekly timeframe. From these setup I can conclude: 1. ETH has not broken its market...

billcondrad Updated 

ETH has confirmed a retracement, has broken the 21 and 34 daily EMA. For now I'm eyeing the 0.618 ($3499.57) Fibonacci level being the first strongest support as it's almost in confluence with the 21 weekly EMA at the time of writing this update

billcondrad

After two weeks, BTC is now out of the wedge it had formed and its price target is 52959.98 on Binance. If you zoom out on daily timeframe, BTC has been above of it's 8 EMA. If it stays above today and tomorrow this might indicate that crypto market sentiment has now change.

billcondrad

On a 4 hour timeframe, LINK was able to perfectly bounce on this re trend line that I plot from ATH and previous local high on the daily timeframe. Altogether with the hidden divergence on the MACD and RSI it could be an another accumulation point for investors and a good opportunity for a long position for the traders. All it have to do is remain above the trend...

billcondrad

If we get a red candle bar on a daily timeframe it might just indicate that it's loosing it's steam temporarily. Seeing the 21 daily RSI indicate that it has been overbought for a couple of days now. It is much better if wait for the CRO come near to the 21 daily EMA, touch it and then look for a bounce. Though nobody's stopping if somebody wants to short it. It...

billcondrad

SHIB has successfully hold the .5 Fibb retracement level for a couple of times and too, have held the 34 daily EMA. It has now created a point confluence altogether with the sloping trend line. MACD also got a bullish hidden divergence. We will know by the end of this day (GMT 00:00) if it will confirm all of this to the upside or is it just all false hopes

billcondrad

Since the past few weeks LINK was able to push itself higher but as of this moment its hovering near to its 21 weekly EMA and at the Fibonacci level at .618 plotted from September low to the October local high. It also noted that it has hold itself at $28. If LINK would be able to hold this levels, it is likely to take the local high. And if it succeed to stay...

billcondrad

XRP has touch the 21 weekly EMA quicker than what I have expected. Aggressive traders might probably start looking into lower timeframe for entering a long position.

billcondrad

AGC(Grab) has been overbought twice on the 21 period RSI for a couple of days. I'm expecting that it's retracemet will reach the 21and 34 daily EMA as it has respected these moving averages in the past. I'm also looking into the key fibb levels as well on the daily timeframe. It could also be suggested that it's an Elliott wave pattern as well. On that case wave 1...

billcondrad

According to VPFR these are the levels to watch: $57000-58000 $53000-54000 (Take note the local low is at $57528.97) BTC should remain above these level at the daily timeframe or else we need to look at the 21&34 EMA on the weekly chart and wait for a bounce there or close below overall my bias is still bullish we just have to wait

billcondrad

Ethereum has been out of it's rising wedge for a couple of times in the Binance chart however, it still holds the 50 period moving average on the four hour timeframe. MACD show's a weakening momentun on the upside and volatility has increased for the last couple of hours.

billcondrad

GE stock has underperform for the past few years however, it has revisited major support rage that it has established in 2010-2011(~104-114 USD) according to VPFR. If it succeed taking out this major price range, it is very likely to reach the 0.5(148.80 USD) and 0.618(173.57 USD) Fibonacci price target in few years or months.