Hi All, With the Paypal announcement, LTC got a media boost (my opinion) along with BTC, ETH and BCH, as I can recollect. If you pay attention to LTC recent history, it was doing average but with this, as in the past, LTC supporters (like XRP or LINK) will jump in, that's the perception I get. For me, don't care. Go with the Chart until your stopped out. As for...
Hi All, Just keeping this short and makes some points, recapping and what to look for next. Main points > We just hit the 0.618 fib macro level so expect this band to resistance and a pullback. > Paypal announcement today is big, which is likely given the boost for this run. > Go long, 13500 (I have 13800 to 13900) and above is the main target. > While BTC...
Hi All, I'm keeping this short as its a continuation of the previous BTC posts. Links provided below. I made a post yesterday on the SP500, which also has some relevant information on the general market and so far they are also bullish. Note USD DXY dropping today\yesterday. My THOUGHTS: ========================= > My 1st harmonic target was hit some time back...
Hi, Chart tells the story. Look for the bullish candle setup on the 4 HRLY. Cheers, S.SAri MACD setup. PREVIOUS Macro chart, entry
Hi All, BTC dominance is coming to a level for a big move, likely this weekend. SImilarly the BTC price action is pending another big move. I believe the BTC dominance is going to break to the upside, based on the indicators, showing upward pressure but this doesn't help in terms knowing which way BTC price is going to move. But playing it safe, have more BTC in...
Hi All, Many of the Alts have created a reversal bottom and NEO seems lagging behind but doing similar formation. Its pullback is very deep, back were it started from. Trying to find the reversal structure is obviously a bigger risk but better returns. I'm also aware of the BTC price action which can drop a little more as per my post, but i don't see that...
Hi All, Keeping this short as the chart does most of the talking plus I'm tired. As per my BTC post, I see the potential for this level to hold otherwise the next level of support below. Cheers, S.SAri
Hi, The retracement or ABC correction was discussed in previous posts. As you can see on the chart, its ambiguous to know if the ABC moderate correction was in and the inverse H&S is the reversal for then next bullish trend or are we looking at another deeper ABC correction as per the chart below. This has important implications for the major stock markets and...
Hi, Chart tells the story. Look for the breakout and hopefully you get the fill on the re-test area. Cheers, S.SAri Close up
Hi, *** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable *** Link supplied below: Keeping it short and to the point. I entered in the bottom formation and now I wished I bought more. We can see a nice Inverse H&S took place and the target has confluence with...
Hi, Another potential breakout trade in the making. Bit more difficult with the wicks on the top and hence more risk the the CELR setup. However having said that, FET did well on the macro level. Something to think about. Cheers, S.SAri Macro view:
Hi All, I saw someone tweet this yesterday as the weekly chart and he makes a good point. Its what many of us have been saying, at the macro level. It also looks like when you see many Alts hitting their 0.618 or more retracement level with some already completing the reversal bottom pattern. Its good to see it from another perspective, like this chart. It can't...
Hi, Another one to stalk, looking for confluence with the levels for a small trade. - Nice macro pullback; - Bullish on the daily indicators; - Possibly a bottom breakout formation, like BNT (previous post); - Opportunity to trade it as a breakout option. Like KAVA Regards S.SAri
Hi All, Just looking at the recent history of BTC price action by plotting the relevant items as per chart, seems to demonstrate how much Fibonacci and harmonics (Bearish Crab and Bearish butterfly) work on the chart. Note how the head and shoulders structure is confirmed with the price target at 9800 drop\support level. I have added the harmonics (as per...
Hi, The chart says its all. Bullish Can go for a dip, but bounce back like a spring. Cheers, S.SAri
Hi, Bearish Butterfly harmonic it seems with X-B = 0.786 B-D = 2.24 It could also play a nested harmonic as per the green harmonic outline. That's it for now and I'm looking for the dip to buy what ever coin comes first. Cheers, S.SAri PREVIOUS POST, still related:
Hi, This looks like a nice setup for a breakout trade... do you know how to trade this? 1 HRLY Chart Regards, S.SAri Similar to this, recent breakout. BNBUSDT
Hi, Keeping it short as I'm looking for an entry as this has shown some strength and the pullback is in progress. I have 2 levels of interest, here and the blue one. OBSERVATIONS: ====================================== > Bottom structure\reversal seems to be complete and is unlikely to test all the way down as per neckline, if so, too deep and hence not...