denjhanekt

denjhanekt

Been watching the S&P harder since January's Volmageddon (High volatility day, or the day that the gig was... no kidding, up). .618 Fib is critical. Note the previous resistance, now support. Note the 385 Day moving average (blue MA line). I like the 385 MA - as it better accounts for holiday swings. i.e a full year, plus at least one full holiday period (less...

denjhanekt

Very short term parabola movement - for me, when I can sketch 3 lines (aqua) with sharper and sharper angles - I watch out (or sell). In this case, admittedly, I'm already underwater - no selling for sure - plus, for social reasons, I don't want to sell my BTC to the rich (who are driving down price, to what I think is it's near bottom - now). That BTC - it's...

denjhanekt

Looks like a developing Cup and Handle formation I hope not...

denjhanekt

Litecoin testing channel resistance, although no divergence with RSI noted. OVBOSC - one of my favorite indicators, has established a nice higher low. In my opinion, Litecoin and Ripple have provided good indicators of Bitcoin price movement in the recent past.

denjhanekt

.236 Fib watch on SPY

denjhanekt

Just sharing my mind and testing my new twitter link please note the consecutive SPY -1.15% .236 Fib rejections. Each rejection is after result of a sustained breakout attempt. Interesting to me that BTC 0.36% jumped up this am just before NY market opening.

denjhanekt Updated 

Just sharing my mind and testing my new twitter link please note the consecutive SPY .236 Fib rejections. Each rejection is after result of a sustained breakout attempt. Interesting to me that BTC jumped up this am just before NY market opening.

denjhanekt

Just sharing ideas, and testing my new link to Twitter please note the constant series of Fib .238 rejections, despite sustained pushes to break upwards. Also - interesting to me - BTC's jump up hours before NY opening.

denjhanekt

Just sharing some TA of mine. It helps me to write down and share what I'm doing, so if this helps you too - great - but it sure isn't investment advice. I have a lot of color going on: Green target box - the center of which is 8888 - is my next buy in target (better term - consideration point, I'll decide on the scene, when I have more info.) I am looking for...

denjhanekt

Shorts are at Parabola

denjhanekt

Quick Note Based on today's RSI and price action - my holistic synopsis is Bitcoins breaking point is USD 8000. We had Bullish divergence on RSI for quite some time, but, today, that RSI was flipped Bearish. Now, I see massive buying in the past hour (after NYSE close) - in my mind, that's the whales knowing buy now and keep this thing up or lose it. I realize...

denjhanekt

Mondays and Tuesdays seem to be bloody. With that in mind, I have a green box on this chart - that's my buy box, late tomorrow - considering: 3 hits on the Aqua Blue up trend support line? (tomorrow being the 3rd hit?) The top Red channel marker of our last 2+ months of ills (I believe the Market Markers "MMs" will tease this for psychological effect, perhaps...

denjhanekt

RSI: Bullish Divergence noted (Green line). At intersection of top of long channel (Red line, modest support) and the newer trendline (Aqua line) formed by the early February low. Ascending Triangle forming.

denjhanekt

My purpose in writing is not to provide analysis for future positions, but simply as part of a capture management process of lessons learned from today's dramatic drop. Some signs were technical, some general: General: It's Monday PM, Tuesdays seem to be pretty bloody for crypto. I look for evening (Eastern Standard Time) sells offs as Asia...

denjhanekt

This is much less TA, and simply a capture of my thoughts at this moment. Since CME Futures has gone into effect, I've noticed (or imagined??) the psychological aspects of this game have increased - boundaries get pushed harder/deeper than before. The experts know we know the basics, so they use that against us. Support lines get pushed/probed more. I myself...

denjhanekt

descending triangle formation bearish

denjhanekt Updated 

After an incredible ride (pump) XRP has broken down and appears to be balancing into the Golden Fibonacci ratio. Note the 'new' trend lines developing (purple), which were actually established during the rise up - and have simply been extended and initially confirmed. Current strategy - watch XRPUSD price action vis-a-vis the support trend lines, and look to...

denjhanekt

I was Bullish on ETH (until yesterday's BTC extreme selloff) and still closely tracking (notice dotted line marked Tripwire). However, the Bearish "3 Descending Peaks" pattern is emerging, marked on chart, easily enough: 1,2,3. (also, I did not include the spike down hours previously, so the 'peak numbering' could be placed to the left/earlier by another...