Publishing... to share with a friend. I'm big time Bullish, but hoping (yes, hoping) for a short term drop. If it lasts most of the summer, great! Also - I'm drawing on some great analysis from Trading Shot with the 50/200 MA (but I am testing 55 as my MA). I used to study ballistics, specifically how an optical scope (flat line of sight) and...
My notes, just sharing. Not familiar with Gann, but it has steered me well this past month. I've chased 3 LTC pumps (during my trading hours, I watch the charts a bit, play some music, read the news, flirt with my GFs, and keep Twitter feed up and look for a flurry of buys) up in past weeks and made out in digits. ----Gann comments, insight, critique...
A micro head and shoulders, within a large head and shoulders. What a sh!tshow. "Central Banks of World, help us!!"
My current thoughts: I really hope the H&S pattern holds. I'm still long. Will buy more later.
EOS has broken the resistance (orange line), and is resting and consolidating on support. White TA lines indicate much potential for future parabolic moment. Ignore the MACD Indicator for this chart - I use for day training on the 15 minute scale.
Ongoing analysis still stands. It was an exciting week, and I'm also very happy for this pullback. I'm hoping for a summer of accumulation, in small increments. The white Fib lines are so I can compare to XRP - where there is close correlation right now between BTC and XRP. The blue fib lines are the 'main' lines. Green oval buy zone. Golden, and...
I'm VERY wary of XRP TA. Frankly, I chart with TA just to stay oriented, not much more. I'm not a fan of XRP/BTC TA, but prefer XRP/USD for TA purposes.
First, acknowledgement to Trading Shot post (linked below) which influenced me on some of my 50/200 MA calculations and understanding (and hopes!): Thank you Trading Shot Factors I'm watching: LTC as a leading indicator - which I've been doing for about 2 years. Standard Fib ratios. .618 my favorite and coincides with red TA line (discussed below). I...
A busy chart for sure. Three buy zones noted. An early FOMO one, and 2 technical buy zones.
Same as my post a few days ago - this one with Fib counts. The dark blue Wave 5 - can go up for awhile, off the shown portion of chart. ...obviously Wave 3 is the exact same point, but I spread them left/right of the actual pinnacle as both '3s' look cool next to each other.
Thick Lines: 200 day MA (Orange) and 50 day MA (Aqua) Golden Cross Scenario
Factors: 1. Fib - .618 - note the indicators for past week plus. 2. My own system, called MM - Moneymakers Marks - gold line and comments, as they own the gold. Looking for a break and reconfim
Posting this for a beautiful interesting woman I'm hoping to know more about
This is what I got going notice 10/20 Day Moving Average Cross on Daily
Frankly I'm not a believer in TA for BTC right now. I do believe the tale of the Bull Whale, who was so sully that he missed the buy in last year, so accumulated big time during the previous months of this year stability, around $6K. I believe the Bull Whale dumped, to buy back in later at a better price. So, with that said, here are some TA points. I'm going to...
Gold forming Ascending Triangle formation. green square shows where pattern and bounce off .5 Fib might be mutually supportive. I'm already long, but that is a point I'd consider buying if I had more fiat to allocate.
Two rejections at the .618: today's rejection, a bloodbath. The H&S pattern develops
I brushed up this chart for a good Nevada-based commodities trader and procurer this am. Good as in good guy - hard tacks old skol. then had a Warsteiner and decided to share it tonite. all metrics on the chart