Before BTC can take a dumpy dumpy . . OBV is still in a down-trend from previous tests of the 11,600~ USD levels. BTC is well below VWAP and looking for a short-term support level before previous support on the move up become resistance levels. The Giraffe pattern is a long-forgotten tactic, used by prehistoric 'chartists'. The Giraffe pattern was once spotted...
Stuff stuff stuff, words words words. Nothing else to see here.
With the daily candle reset coming soon (1hr 19mins) I am looking to see where VWAP ends up. We could already potentially be at our peak from this move on a short-term 12345. RSI down-trend channel is forming locally, with OBV (On Balance Volume) reaching a peak, but overall major down-trend since we hit 11,800 USD. If value ends up being above VWAP, I would...
XBT/USD is following the short-term C-D move while we stay mostly sideways in a wedge formation for the next several hours. Looking at divergences for RSI and OBV before $BTC reaches a critical level near the top of the down-trend channel. At that time I am waiting for RSI to hit 80% again before meeting more selling resistance and moving towards the previous...
WTC is currently in an ABC Wave 4 on the 1Week...I'm Bullish - @juni0rlancaster (aka BTCookieMonster
This is what I see - @juni0rlancaster
Battling with BTC... - @juni0rlancaster (aka BTCookieMonster)
Since I don't like giving multiple options...just read the chart... - Junior Lancaster of @CWNProductions (aka BTCookieMonster; @juni0rlancaster)
BTC/USD reaching a point to carry momentum into a potential new double-top. If one is formed at our local 1.618, new swing up to double-top would be our 100% Fib Level where we look towards 12.3k for new target. Expect resistance at 11.3k USD (the .382 fib from ATH to 6k bottom)
NEO respecting levels, the move is still valid as support has held above the 618 after previous top from retracement recovery.
Potential Moves if support is held!
Here you see the typical mating cycle that happens every leap year. We will be looking for possible conception and a birth of new trend. IE The Sealiraffe. Eskimo kisses FTW LETTTSSS GOOOOOO Unfortunately at the end of this ritual the seal usually ends up gutted by the giraffe. RIP little seal
BTC barely broke the upper the upper trend line at 11300...The price has respected all Gann Fan Fibonacci levels since the beginning of the correction on 12/21/18...Primary Wave 3, of the impulse wave that began at 5800 is now completing- it was extended beyond the projection of nearly ever Elliott Wave theorist...thanks to the team in our 1-5 scalping discord...
Looking for OMG to finish the current ABCDE retracement before going sideways and potentially reversing retracement down-trend.
Looking for LTC to bounce around/off the $100 on the current retracement before potentially reversing down-trend. Just an idea! "be safe." - Mike
Looking for VEN to finish an ABCDE correction to previous level of support before it made the swing up to the local ATH.
VEN is beginning its Wave 5 climb, hopefully it will not be too affected by BTC volatility - @juni0rlancaster (aka BTCookieMonster)