noomnahor

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BTCCNY 73% | 11 PPCBTC 20% | 3 ETHBTC 6% | 1
noomnahor noomnahor ETHBTC, D, Long ,
ETHBTC: ETC:BTC double bottom suggests bear trend reversal
92 0 2
ETHBTC, D Long
ETC:BTC double bottom suggests bear trend reversal

Bouncing off the strong support at 0.037 has resulted in continued higher highs and higher lows for the past month. With BTC's recent parabolic rise, and current uncertainty displayed in today's dump, there is potential for a reversal in the ETC:BTC bear trend. Using Fib extensions, and resistance levels we can predict the potential price rise in a future bear ...

noomnahor noomnahor BTCCNY, 240,
BTCCNY: Time for some down
280 0 3
BTCCNY, 240
Time for some down

Looking like a lower high and near enough to be called a double top. Price action looks weak, expecting some short term bearish movements. Targets are 2880, 2820 and with a possibility of going as low as 2740. Do not despair, these prices will still be a very healthy higher low, and we will still be in an up trend. I must note caution here, I am not actually ...

noomnahor noomnahor BTCCNY, 240, Long ,
BTCCNY: Higher low suggests move up from here
267 0 6
BTCCNY, 240 Long
Higher low suggests move up from here

Looks like that higher low is confirmed, we should move up from here. I doubt we will make a higher high at this time so be careful when we start getting close to 3k again.

noomnahor noomnahor BTCCNY, 240, Long ,
BTCCNY: Down trend breaking, some room to breath
269 0 5
BTCCNY, 240 Long
Down trend breaking, some room to breath

We broke a down trend that was getting quite strong on the 4h. This has given the price a new range to work with and strengthens the shorter term up trend that has been forming. The last few weeks have felt bearish, although the price did not make any lower lows, so ultimately this appears to be serving to provide a strong support (marked in yellow). If the short ...

noomnahor noomnahor BTCCNY, 240, Long ,
BTCCNY: good long entry
269 0 7
BTCCNY, 240 Long
good long entry

Double bottom, bottom of the larger triangle. I expect this to move up from here. I also believe we're still in a larger bull market, and after this correction we may be seeing higher highs on the daily. Hoping to break the triangle for real this time and reach up back into the 3000's.

noomnahor noomnahor BTCCNY, D,
BTCCNY: just a thought
41 0 1
BTCCNY, D
just a thought

have been wondering if this is a repeat of that previous pattern, not sure where the last purples should go though

noomnahor noomnahor BTCCNY, 60, Long ,
BTCCNY: Up is Up!
300 0 5
BTCCNY, 60 Long
Up is Up!

Looking like a flag at this stage, which may terminate at the .618 range. Upwards trend should continue and with the next push up we will test the previous high at 3130. Whether we break through this time or not is still in the air. However I firmly believe that we will ultimately break this line and move on to test 3340.

noomnahor noomnahor BTCCNY, D,
BTCCNY: Short pump and a long dump
149 0 4
BTCCNY, D
Short pump and a long dump

The pump is over, time to return to some normal levels and recharge for another wave.

noomnahor noomnahor BTCCNY, 15, Short ,
BTCCNY: Sideways continues, short term down trend
76 0 2
BTCCNY, 15 Short
Sideways continues, short term down trend

Price failed to break out of the channel and will now return to test previous lows. Key supports are circled in red, each arrow represents a possibility dependent on reactions to these supports.

noomnahor noomnahor BTCCNY, 15,
BTCCNY: Time for more sideways
57 0 1
BTCCNY, 15
Time for more sideways

We have a channel forming and it's based on the trend before the bubble, expect to range in this channel for some time. Ultimately we will continue the upward trend for the short term (days to weeks), to test some of the highs created during the last pump. Be careful going long in this period, because at some stage it will return to the downtrend and test previous ...

noomnahor noomnahor BTCCNY, 15,
BTCCNY: Nothing to see here, just more sideways...
131 0 4
BTCCNY, 15
Nothing to see here, just more sideways...

Looking like we've just returned to the previous high for the wedge, which means it really could break either way.

noomnahor noomnahor BTCCNY, 15,
BTCCNY: Is this just a dead cat bounce?
126 0 4
BTCCNY, 15
Is this just a dead cat bounce?

These last few days have made a pretty nice curve (in green), this movement had steady higher lows for a time, but recently dropped to make some new local lows, we are now close to crossing our most recent lowest low. If the price continues to break down, this could be an indication that this curve was just the bounce, and has turned into a dead cat bounce, ...

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