phoneywc

phoneywc

1M hidden bullish divergence. Assuming path of least resistance, a 2R long position should take the price to $0.26.

phoneywc

Title: AXS 4th August 2022 Time Frame: 1D Indicators: STOCH RSI - Hidden Bullish Divergence Price Action: The price has rejected off the 0.618 level 2 times, and currently it is sitting just above the EMA50. Looking like exhaustion from the bears. I think it is possible the price goes to maximum $19.89 --Like, follow or drop a cheer if you find my findings useful!

phoneywc

Time Frame: 1 Week Indicators: MACD reversing up OBV up Stoch RSI up RSI up Price Action: The price at the beginning of the week was trading below $1517, and since the FOMC announcement it hard rejected that level and is currently sitting just above EMA13. This hints that the price action is ready to challenge the EMA21 (currently $1985 but expecting it to...

phoneywc

Time Frame: 1 Week Indicators: MACD up Price Action: Route has pivot off the 0.85 ATL and since holding up well. It has invalidated the bear flag by breaking $2.62 and went to reclaim the 0.618 level. Currently retesting the 0.618 this week. If this week closes above $3.7148, I am taking a long into $6.5796 for the near-mid term. --Like, follow or drop a...

phoneywc

Time Frame: 4H Indicators: STOCH RSI - Near 0 RSI - Approaching 40 Volume - The volume on the red candles are now greater than the volume on the green candles Price Action: BTC has just got below the 0.382 level, and right now it is 1-2 candles to reclaim to maintain the bull flag. Given weak indicator readings I don't feel there is much upside other than more...

phoneywc

Time Frame: 12 Hours Indicators: MACD - Neutral-negative OBV - Lesser volume than the previous candle (not organic) Price Action: If the price action remain above $1065 then we can confirm an engulfing candle to the upside. All 4 EMAs are understandably moving down due to 6 consecutive red 12H candles, thus posing as strong layers of resistances. The next...

phoneywc

The good: (Low %) If all Crypto makes a lower low, its going for the -0.382 level of negative 1T (means all crypto go to bed and never wake up) The neutral: (High %) Judging from the MACD, we are minimally range-bound between the 792B - 1.2T levels. The bad: (High %) All key EMAs are above the current price, hence there are multiple layers of resistance levels....

phoneywc

Time Frame: 1 Hour Indicators: MACD - Flat/Negative OBV - Organic Price Action: The price closed just above the 0.618 level ($1135.60), hence there will be some upside into retesting the prior resistance at the 0.786 level ($1152.31) --Like, follow or drop a cheer if you find my findings useful!

phoneywc

Indicators: MACD largely negative-flat OBV organic Price Action: The price at 1H chart got rejected at the 0.382 2 times, as we are talking it will test the same level again. If the 0.382 holds firm, 19379 is the next level to check. --Like, follow or drop a cheer if you find my information useful!

phoneywc Updated 

Current matters: 1. MACD is up 2. The price still trading above EMA34 3. The price broke 0.382 > bear flag invalidated If the price close above 20.6k, then it's a go for further up trend (to test 22.6k).

phoneywc

2D bearish divergence. Invalidated if OBV crosses 3.045b

phoneywc

Big risk-off of all global markets due to the outbreak of the new Covid variant. Market structure is still intact. The VWMA will cross down SMA50 which means a correctional period. A bearish period will commence when SMA50 crosses down SMA200 which implies a simple death cross pattern. I expect the floor to be around 50.5-51k as the trendline support has...

phoneywc

When BTC began its run from 47k > 66k , ETH and Defi did not really capitulate as per expected behavior (via rotations). I sense the same thing might just happen again when BTC begins its next advance, taking ETH/Defi with him. This means we might not see a severe capitulation from ETH / Defi while BTC sets new highs.

phoneywc

BNB is currently past the 2.618 Fibonacci level and if it is able to remain in that channel, I do not have any qualms that it will try to test the 3.618 level and attempt to set a new ATH in the process. I do not think for the short term it will be able to go any further than the 3.618 though.

phoneywc

BTC looks ready for a short-term rally. The current BTC price is moving on the same MA sequence (50>200>VWMA) and MACD crossover is about to happen. My guess is a rally to 62.4k to retest the local resistance level.

phoneywc

Last week's BTC fight has been tremendous, as it manages to *uncross* the VWMA / SMA50 with a 11.67% rally over 7 days. As the bullish Golden Cross structure is now still back to active (VWMA > SMA50 > SMA200). I do think this is set to continue in the current week. Bear case: Breakdown AND close below the trendline (42k) at the end of this Weekly candle, and...

phoneywc

Using the VWMA20 / SMA50 / SMA200 combination: We are about to experience a crossover of the VWMA / SMA50 , which validates a trend reversal (Up > Down). Previous similar crossovers have resulted in the BTC price falling into the SMA200 hard support and then subsequently the mass buying into recovery and beyond. Historically since the availability of the SMA200...

phoneywc

BTC is currently fighting at the SMA200 (44290) on its way to contest the nearest support line (43370). If it breaks through and if the next few candles closes below 43370 then potentially it will test the 1.618 level (39987.56) and likely to retrace back into the trendline at the bottom of the triangle. The 2.618 level (34514.36) is only possible if any 8hr...