chrstphaubry

chrstphaubry Updated 

Although everything seems mostly bearish after todays down move. It has formed a bullish divergence (yellow lines) at a very interesting level (which has served both as resistance and support june 13). If it can hold this level until the candle close a bounce from this level (if it goes below 6255 this setup is annulled) should not be excluded although OB is...

chrstphaubry Updated 

So the previous scalp worked out even better! Great! But what comes next? Although in a seemingly uptrend, the bearish divergences are piling up on various tf. The fact that it wasn't able to break 6820 speaks volumes since 6840 was the resistance to break in order to avoid a bearish divergence on the larger timeframes. From here on if this does not manage...

chrstphaubry

As can be seen comparing the osscilator to the price action we have formation of a bullish divergence . If the necessary volume comes in to push it up we might see a retest of 6600 and higher possibly with a retest of the highs around 6670-75. If you trade this I advice a tight stop loss around the low of the previous candle. if it breaks that low we can expect...

chrstphaubry

At the moment XBT is in a tight equilibrium, within the given box are the current resistance and support zones. A close below 6562 on the 30min candle would signal more down and a close above 6642 would signal a new upmove. The reason I say equilibrium at this level is because on one hand we have an uptrend and a possible bull flag but on the other hand (and this...

chrstphaubry

Looking for a break above yesterdays high and close above 6850. Would signal we are turning bull again. There has already been a break and close above the 12H trendline (orange) which is a good sign but will be for nothing if we can't break previous highs since this will mean we have a bearish divergence... Been long since 6605 and closed part of my position,...

chrstphaubry Updated 

BTC looks set to make a move and currently is favoring a break to the upside. That is my hope at least. Either way the sideways movements will soon be over and we will know, historically BTC has always done sideways for a day or three before making new big swings. We have our resistance and support lines drawn so let's enjoy the show! Happy trading!

chrstphaubry Updated 

Contrary to the last posts, I believe there is a good long term play here. As the headline states, it is possible to see a C&H formation. The tricky part is calling the bottom of the handle :) Drew the various support lines and where I believe the various bounces back up will happen. A good way to trade this would be to scale your buy orders downwards. start low...

chrstphaubry

Disclaimer: As stated in status. I am currently only playing short term opportunities due to high incertainty in the market. Alts are very overextended and BTC 0.85% seems ready to take the spotlight within the coming days. Previous trades posted are still valid as long as they do not break the trends. Most important to note is the rising support line which if...

chrstphaubry Updated 

Disclaimer: As stated in status. I am currently only playing short term opportunities due to high incertainty in the market. Alts are very overextended and BTC 0.85% seems ready to take the spotlight within the coming days. Previous trades posted are still valid as long as they do not break the trends. CTR is holding the .236 fib level and has found support on...

chrstphaubry Updated 

I know some won't like my view on TRX but we have to look at this with an open mind. TRX is a relatively new Crypto and has done more than 100x in a very short period. For those who made the gains on this congrats! But this one still needs a more healthy correction in my mind. I have drawn different possible outcomes and will say which I believe to be more likely...

chrstphaubry

DIsclaimer: as stated in status. I am currently only playing short term opportunities due to high incertainty in the market. Alts are very overextended and BTC -0.19% seems ready to take the spotlight within the coming days. Previous trades posted are still valid as ong -0.41% as they do not break the trends. I am looking for the price to continue to sell off...

chrstphaubry

Disclaimer: As stated in status. I am currently only playing short term opportunities due to high incertainty in the market. Alts are very overextended and BTC seems ready to take the spotlight within the coming days. Previous trades posted are still valid as long as they do not break the trends. I am currently looking at a possible swing trade here and see if...

chrstphaubry

As stated in status. I am currently only playing short term opportunities due to high incertainty in the market. Alts are very overextended and BTC seems ready to take the spotlight within the coming days. Previous trades posted are still valid as ong as they do not break the trends. ZRX is currently moving within the given wedge. I am looking at riding the...

chrstphaubry Updated 

I won't comment too much on this one since most of the best traders on this platform have already shared their ideas about it and I agree that we haven't run out of steam yet. This one was slumbering for a few months and just started it's uptrend in the past month. Accumulation was at the end of the red arc and that was the best entry point. I have shown the...

chrstphaubry Updated 

As can be seen we broke past the rising resistance line (red) on 23 december and it has turned into its support. I believe that STRAT will continue growing along the current rising support line, testing it every so often but bouncing back up. What I'm looking for is for the price to hold on the 200 day MA in the coming days/weeks until it meets the rising support...

chrstphaubry

There are two formations which I see playing out at the moment. One is positive and the other is negative. In this prediction we have the negative outcome. BTC will move down and bounce back from the 13K level to form the right shoulder. If it finds resistance at the 16K level and bounces of this level to continue moving downwards this formation will be...

chrstphaubry

There are two formations which I see playing out at the moment. One is positive and the other is negative. If you look on a grander scale you can see aan inverted H&S pattern. for this pattern to unfold it would require BTC to bounce back up in the coming day and not break below 13K after which it WILL have to break past the 17K barrier. If this happens I will be...

chrstphaubry

Might have seen the patterns wrong in my previous post of MONA. My apologies for that! If we are going to see anything like a repetition of history, the price will probably move down more and follow given patterns. After the previous ABC correction we tested the .236 fib level and got rejected after which the price moved below 50 day MA but found support on the...