ripper_the_flipper

ripper_the_flipper Updated 

Shown is the BTC daily chart. 6.8k range has proven to be a pretty strong resistance and price needs to recharge for another run. It's possible it retraces to the 6.1 - 6.2k range (61.8 of recent run) and springs from the very long term channel support (green dotted line) and breaks through the horizontal resistance zone. RSI is also recharging and looks to...

ripper_the_flipper Updated 

It appears that BTC found some resistance at the trend line resistance formed from previous corrections. The more it's tested and holds, the stronger it gets. A channel down has formed and we could be looking at a triangle formation centered around 14k. This is only speculation since it is very early to say for sure. If you're looking to buy, you can take a...

ripper_the_flipper

I figured I'd have a little speculative fun... At some point the price will break downward out of the rising wedge. I'm assuming it will happen at the black line and form a large triangle pattern that sets up a showdown at the "Perfect Storm" location with the SMA100 & Triangle Resistance on one team (Bears) and the SMA50 & 3500 Support on the other (Bulls). So,...

ripper_the_flipper

So, the rising wedge on the upward price movement provided an easy call on the drop to 3500, which was spot on. Things are a little more complicated now. Price has formed a descending triangle and is squeezing at the 3500 support which is very strong with help from the SMA50. Triangle patterns are pretty neutral, so price could break either way. "Generally" a...

ripper_the_flipper Updated 

After hitting the 3k target zone from the previous analysis, BTC price bounced sharply before consolidating a bit. A rising wedge pattern has formed on the upward movement, which signals a reversal. Look for a breakout downward and watch for fake-outs. Target should be around 3500 range. ...but what do I know, I'm just a space suit engineer, not a trader. Good luck!

ripper_the_flipper Updated 

After not quite getting to the 5k mark, BTC has consolidated and entered into a large triangle pattern on the daily chart, bouncing from 3900 to 4700 to 3950 to 4400, and is currently around 4000. So, where will it go? If my wave numbering is accurate, which I believe it is, BTC price will be heading down. As noted on the chart, my target zone is the 2600 to...

ripper_the_flipper

XLM price is fighting to breakout of a triangle chart pattern. It hit resistance at the 0.00000514 level and will have the SMA100 to deal with. RSI is supporting the upward movement. Place buys as to avoid fake-outs. A conservative buy is shown. A more aggressive buy could be placed around the 0.00000518 level. ...but what do I know, I'm just a space suit...

ripper_the_flipper Updated 

This large triangle pattern has been forming for a while. OMG price has gone on a little run, creeping closer to the top resistance of the triangle. If you aren't already in from our other, smaller time-frame entry idea, or want to increase you stake, look for entry above the horizontal resistance after the triangle breakout. RSI is in an upward trend with room...

ripper_the_flipper

ETH going on a little run. Sorry, didn't have time to post before the run started.

ripper_the_flipper

After retracing, BCC price is in a consolidation period inside a loooong Triangle Pattern. With BTC falling, it could bode well for a BCC run. RSI says there is buying space. It will turn up and conform, as will the MACD. If it breaks out of the top resistance we can be ready with a Buy Trigger to jump on a nice little run up. ...but what do I know, I'm a...

ripper_the_flipper Updated 

Posting this quickly...breakout from the Triangle Pattern happening soon. Triangle gives no indication of up or down, but RSI is set up to bounce off trend line. If you are more risky, place buy just above resistance to maximize profits. ...but what do I know, I'm just a space suit engineer, not a trader. Good luck!

ripper_the_flipper Updated 

LBC chart has a Double Bottom that completed with a Triangle (or Pennant) Pattern on the wing. After a little consolidation, and cooling from the overbought zone, it will be looking to finish out the DB with an upward run. Set the buy and stop loss accordingly - don't get caught on a fake-out. ...but what do I know, I'm just a space suit engineer, not a...

ripper_the_flipper

ZCASH price has formed a pennant. It is generally a continuation pattern with the vertical "stick". Catch the breakout and ride to at least the 0.064 level. ...but what do I know, I'm just a space suit engineer, not a trader. Good luck!

ripper_the_flipper

There's a wedge on the BCC chart and a channel on the BTC chart. BTC is dropping toward the channel resistance and it will assist with the upward movement of BCC out of the wedge breakout. ...but what do I know, I'm just a space suit engineer, not a trader. Good luck!

ripper_the_flipper Updated 

Okay, so it's just a descending pennant pattern, but the knife is cool. Coming off a downtrend, it should signal an up-move is coming. Price will be fighting the all time low (for bittrex) and the wedge support line. It just might be enough to turn the momentum positive. Set your buy trigger and stop loss appropriately. There are 2 potential breakout...

ripper_the_flipper Updated 

BTC price has formed a slight downward channel. Look for an opportunity to short if it breaks the channel lower support. It will have a lot of resistance at the 3800 level, so put your sell below to avoid fake-outs. A more risky play would be to go long on some counter-trend trading within the channel - profits won't be large (5% range), but if that's your...

ripper_the_flipper

The NEO price (BTC and USD) has formed a large Triangle Pattern. Breaks from this pattern can go either direction, so you can set up for both if you have the ability to short. If it takes the upward path, look for the target noted (distance up = ~height of triangle). Set stop loss below the 618 FIB. Price is supported by the 50 SMA, and the 100 is just below...

ripper_the_flipper

Triangle formed and a breakout is taking place. If it can get past the previous high, it should have a pretty good run up. ...but what do I know, I'm just a space suit engineer, not a trader. Good luck!