nickrodriguez94

nickrodriguez94

Confluence at the green rectangle and 200MA on the weekly. Opportunity to bounce and maybe stop the sell pressure; we shall see.

nickrodriguez94

Weekly uptrend within channel, W-resistance is ~ HKEX:2 ,000. On the daily, there's a channel, and a highlighted triangle pattern on the 4H (check yellow shape).

nickrodriguez94

Daily channel within a weekly channel I think price is gonna keep moving up, but it’s going to take some time - has many levels to break through

nickrodriguez94

The chart is pretty simple - MAs are the 50 and the 21. I have some zones drawn out and one pattern. If that pattern breaks down, I have a landing zone of 12500 or so. Who knows what could happen? But, I BTC shall bounce back. =

nickrodriguez94

This is a 12 day update from the last MATIC post: - the pattern is in the middle of being broken, and we really gotta wait to see what happens over the next couple of days. - with the way the world is currently going, and bitcoin, FTX fallout - it could really fall farther. I am eager to see where the development goes. We're still below both MAs (21 and 50). I...

nickrodriguez94

On the WEEKLY chart, price is: above the 20 SMMA, .618 FIB and trendline - however, price hit its head on the 50MA, resistance, and top of pattern. On the daily, that red candle is twice the size of the preceding green, but price is headed towards: the .618 zone, 20SMMA, 50MA, a trend line and well above the 200MA, AND... I think price is going to cool off. All...

nickrodriguez94

We broke down out of a range and going towards the trendline that you see, price should go just below $2,700 if we bounce of that bad boy. We really have to get above those moving averages, so let's hope we get some LIFT from the monthly trendline. We need a rebound, let me tell you. With BTC being under $40,000, that might not be the case. BTC is king, so keep...

nickrodriguez94

Here's a little update on my last idea, where i didn't take much into account. Now, we are bouncing off the Weekly Golden Fibo. zone. - HUGE bullish engulfing, accompanied with high volume. If we can turn this into support, then we might be able to move to higher levels. The thiccck pink line is confluent with the 50EMA - if we can get above that, then we'll be...

nickrodriguez94

Strong trend, just threw up some structures. I charted this in the weekly, plotted the most recent supports, trendlines forming triangles with build-up. 50EMA and 200EMA are in use I think that the trend is going to continue, because the previous high was not broken - and there appears to be some building up happening near the top of that triangle. perhaps a...

nickrodriguez94

Luna is down ~30% from the ATH. They’re trying to do a lot with their blockchain when it comes to making BTC a reserve asset, and recently adding AVAX to that equation. The price fell to the .500 on the retracement tool; we are currently rejecting the level, but we shall see if it holds. Either way, it’s good to let the price cool off for further upside. That...

nickrodriguez94

We've recently made some all time highs, and we're touching down into the buy zone. Price could breakdown or break up, largely depending on BTC. However, if we bounce off the ATH again, then we might face some trouble. CONFLUENCE: 21EMA, weekly buy zone, and Daily trendline.