BTC just made a pull back after almost retesting a head and shoulders neckline and not even making it there. ETHBTC however looks like it will be going to the downside if this head and shoulder plays out.
I am back into Crypto again. After a long bout in only trading stocks I feel I have honed in my TA a little more, simplified it and have been better at looking for patterns and letting them play out. $BTC is showing me something here that could give us our moon shot into the end of the year or early next year. I would love to see this Inverse Head and Shoulders...
Looks like we are at a key point for LTCBTC with this higher low pattern from March '17 which was validated in December '18. Would be great to see a bounce here and have a new up-trend continuation start.
I won't take credit for this. @carpenoctom on twitter found this gem. Right after the Kumo Twist LTC is out pacing ETH and is dead set on going up to that cloud line. Will be fun to see how this plays out.
We have a lot of confluence to wrap our heads around in the next 24-48 hours. There is a Kumo twist on the horizon and it will sure to be tested. Today or tomorrow? Unsure, but today we are sitting right at the upper limits of the downward channel (logrithmic chart mode). Breaking out of that would be a big step toward the next daily candle starting tomorrow at...
Not yet in my estimation. Here are some things I need to see before this is confirmation for me and all this talk of BTC back on track isn't just exuberance. Here is a box I have had drawn for a while now for a resistance level that we have broken then fallen back through. Right now it hasn't been broken and the MFI hasn't charged above the line i have drawn...
So AST has been on my radar for a bit now. I noticed this downward trendline and have been watching it. We pierced it again today and it looks like it wants to let loose with a possible closing 4H candle above it. MFI is trending up as well as STOCH. I have a bag packed with this and ready to see what happens.
As you can see there is a desending wedge that is soon to come to a cross roads. I have been in ETHLend before and gosh I wish i got out on the highs. But here we are its showing some signs of maybe a breakout? Wedge coming, MFI about the descending trendline as well as RSI. Lets see what happens!
We are at a cross roads right now. Everyone is salivating over this Reverse Head and Shoulders that has formed. We are right now in the part where it takes off confirming the pattern or turns into a bear trap. I am posting to show this trend line that we need to keep following. Lets hope this next test of $9k is a successful one!
I am really liking the looks of the 4HR chart here. We just broke through the Ichi Cloud and the Tenken and Kijun are setup to where the Kijun Sen with cross the Tenken Sen above the cloud. This is a double bullish signal. I will be keeping an eye on this one!