Ref. C.chart Hi All, Based on a the structure and the current price action which broke the lead in trend line , this then becomes a bullish chart. We can observe the structure and how the fib levels resonate with it. I have 2 targets for LTC. 1st Target, being a double top and it has confluence with the 0.5 fib level and on the 1.618 fib extension, from $80.5...
ref z.chart Hi All, Short and to the point: > Weekly indicators shows upward pressure still there; You can see that its peaking on the weekly so it still can have a few weeks left in its tank to keep this level up. > Weekly candles confirm; > Daily candles confirm; > Note the FIB levels; > Note the key resistance equates to the 1.618 fib extension, this might...
Hi, Just putting it out there. Probably explains the $1k dump. Cheers, S.SAri Exact calculations as using the height by the length of the stick can be inaccurate. 18480-10480=8000 10482-3852= 6630 So they don't match. Does this mean we have another $1370 to go?
Hi, This is a continuation of the previous post where many people got it wrong, including me as to when we have that pullback level that everyone is saying is due. Many seasoned traders got it wrong and its normal. I have one reliable source who says that 21K is the target based on the Elliot wave theory.... which I lean towards as he is much more experienced...
Hi, I thought I check with the popular ones, and like ETH and LINK, ADA is almost there for that big move. I'm assuming its up with the slow topping off with BTC dominance at either the upper trend line or the 200 EMA (for the short term). The indicators seem to suggest this. As for ADA: On the WEEKLY chart: =================================== > We have the RSI...
Hi All, The following are my stalking list, some are waiting for pullbacks and others are looking for confirmation of a breakout pattern. These are only for going longs...at this point, I'm not interested for short while BTC finds a ranging pattern. > RUNE > UNI > AAVE > ALPHA > LINK (the bullish perspective) > Fetch.AI, potentially here for a...
Hi All, While BTC does another ranging price action, the ALTs are coming into play. BAL has a nice trend formation on the 8 hrly and now is at a strong resistance. I have 2 scenarios where the resistance is broken decisively or its consolidated underneath this resistance layer. Either way, looking at the MACRO structure, the following can be observed: a) Wedge...
Hi, Reasons for a good entry, a bit late but should be good. Note the following points: > fib level and support line, gets 2 touches on the 1 Hrly. > EMA ribbon (50/100) > Trend is upwards, from the 13th to now, HH, HL, > BTC likely to have a ranging price, which is when ALTs start moving. > Harmonic ( shark) setup Note where to place your stop loss, chart...
Hi All, Looking at the chart we can have a fair range of possibilities, and based on a few indicators, I reduce the scenario's to 2. Both bullish, for the time being The reason I'm still bullish at this point is because of the trend so far, HH and LH of recent times along this EMA (ribbon) of 10/20. The 16400 range was a likely to have a pullback because of...
Hi, Looking at the current chart and indicators, we have the following observations for a bullish case: > Daily chart has the upward trend along with the EMAs of 10, 20 (red, green) until these 2 are broken as support, we will continue to have stronger performance with BTC; > Note the fib level we got a bounce or support; > The daily candle sticks for the past...
Hi All, On the LEFT I have the weekly and the 2 on the right are 1 hrly and 4 hrly. - Weekly shows upward pressure on the indicators; - 1 hourly shows you the formation\structure; - 4 hourly shows you the trend along the 20 and 50 ema. Is it time to flip to Alts, I don't think its worth the risk at this point, based on BTC dom. chart below. What is your...
Hi, Just look for a bullish candle combination with this uptrend on the 4 HRLY with the 20 EMA on its side. Criteria is engulfing candles otherwise it can be the 0.618 fib level. Cheers, S.SAri
Hi All, Looking at the BTC dominance and the ETH.BTC paring, one can assume soon ALTs will start their upward motion. However I don't think its ready yet. Looking at this chart, we can see price bouncing off a key level support and its getting squeezed between the 2 MAs.(50 and 100) Looking at the indicators on the weekly, we can see cross over signals and...
Hi All, this is to support yesterday's post, link below. This is on Binance and yesterday's post was on Coinbase, hence others don't get the visibility. Above chart, BAT harmonic which has confluence with the bottom range. Note the fib extension targets compliment the target as well. Mind you many seasoned traders have been getting it wrong as...
Hi All, For me, the main crypto's (reliable) projects are a few and one just needs to look at the top 10 to pick some of them who are likely to qualify (except XRP). BTC, ETH, LINK and a few more (DOT, ADA, XMR, etc - which could perform much better for a number of reasons) are those that come to mind. However these 3 as a sample are clearly aligned in terms of...
Hi All, Just posting an update of the previous post which explains a whole bunch of things. Note the key points; > Resistance inverted barr trendline, still playing obstacle; > 21 WEEKLY (red) acting as support, as per BTC; > We have not confirmed the bull run until we break that trend line; > Weekly indicators are bullish; > If and when ETH breaks this...
Hi All, As long as BTC stays below the green box level, then we can assume that this impulse is part of the correction wave impulse of ABC. So we are looking at potentially dropping down to the strong support zone of 13800 as per charts below. This has confluence on a number of factors, including the daily 21 EMA. Observe the charts below. I have my level of...
Hi All, From a monthly perspective, all looks bullish. On the daily, there is a 2 scenarios, both are bullish: a) a breakout to the upside from here and b) more ranging movement in this area, chart below before breaking up to the upside. completing an elliot ABCDE symmetrical triangle of some sort. Hence a medium macro bull flag or consolidation just under the...