davisp83

davisp83

Eyeing a potential head and shoulder pattern on the hourly line chart. Note the top of the head bounced off of the top of the Ichi cloud. Happy trading!

davisp83

Pulling a hook and go off of the bottom of the rising wedge. RIP xrp.

davisp83

Bitcoin looks to be aiming to test the lower support and potentially fall into a falling-wedge. What do you think?

davisp83

The recent xrp short squeeze is over. The lawsuit(s) still stand!

davisp83

When Bitcoin crashes out of this local rising wedge, the short squeeze pump from earlier will reverse. Posting the xrp chart in one sec.

davisp83

It looks like we've failed to break old support and are potentially forming a nasty head and shoulder pattern. A correction to $21K-$19K would be very healthy in my opinion and could bring in the new money required to create new all time highs.

davisp83

BTC is marching into the land of the walking dead. There is no buying interest at these levels.

davisp83

Cup and handle breakout followed by consolidation and ascending triangle break out. I'm looking to close my long at $7.5K and improve my short entry price average on the way up. I think this bull trend is almost out of gas and we are headed lower in the short to mid-term finding yet another lower high in our sustained bear market dating back to early 2018. It's...

davisp83 Updated 

Targets in the daily chart previously published.

davisp83

I'm long ZRX, and believe there may be cup and handle forming on the daily chart. Notice the decreasing volume, and converging MACD. I've outlined my targets. With a potential bullish reversal in BTC, I feel ZRX is poised to be a big gainer in the subsequent altcoin rally. And there's that Coinbase rumor. Happy trading!

davisp83

This is how I'm playing ZRX right now. I already have a small long position, but look to add to it if we break through .00017090. It also depends on BTC direction, and in particular if BTC can break 6800. Happy trading.

davisp83

My long term outlook for BTC.

davisp83

Potential descending triangle. Looking to break out above 6800 to confirm a short to mid term bullish reversal. Not much support if we break down.

davisp83 Updated 

This is a potential reversal forming from a bull flag coming out of a long-term triple bottom. We could also break down pretty hard, but this is how i'm playing the trend.