veilside350

veilside350 Updated 

if you dont pass this Resistance with great volume you disappoint me

veilside350 Updated 

maybe

veilside350

It shouldve swung down to the Support but since it didnt thats Good sign #1 Good sign #2 is that the last few candles cant keep their losses, they have long whicks on the bottom meaning Bears tried and tried but Bulls came out and kept closing near the tops. lets see if the Bulls can keep pushing to the top and eventually hopefully it confirms a Breakout. i will...

veilside350 Updated 

i did this analysis a few weeks ago and posted it but i think it was private, ill do a new one and update if anything needs to be changed but as of Feb 28th this is what it was

veilside350 Updated 

I Will update soon, but as of now this is what it looks like, if it is a double bottom intraday that will be great for two reasons, 1) it goes up intraday, 2) it held Support on daily and gives hope that its not just going to fall off like the chart is saying it is. (daily its making lower highs) not a good sign

veilside350

going down at least for the next hour or two

veilside350

It may be a forming a double top for short term/ few days. a more technical analysis will follow soon. i may have missed a lot of signs that will make this analysis useless but i wont know until i look deeper.

veilside350

because if it doesnt it can fall to the other one and then its all downhill from there. but if it holds it would be a good sign. looks like intraday it has a better picture. ill do that one now

veilside350

which everer timeframe ur looking at. i was looking at 5 min so i was looking at short term butit wouldnt let me post on 5 min so had to switch to 15 min and that analysis is different

veilside350

going the other way until it stops going that way, and when it does you know because ittl either break the Support or stop making Higher Highs and Higher Lows. You Draw Some Support line you draw some Resistance lines and let the trend go, it will tell u if its weak or strong by the amount of higher highs and higher lows getting larger or smaller and will tell...

veilside350

LTCETH, you're my older brother, and I love you. But don't ever take sides with anyone against the Family again. Ever.

veilside350

i was just scrolling through things and saw this

veilside350 Updated 

as of now it can easily go down to low 6,000, there are a few supports at 7,800 and 7,00 areas but if it breaks below that immediate red support. but if it breaks that green resistance it can start changing the trend to the upside

veilside350

it looks 50%-60% bullish but i rather wait until it breaks out of that red zone to see if its to the upside or down.

veilside350

inverse H&S with multibple shoulders or these last two can be a double top or it can even be a bulish flag. ill post another chart showing that. the most important indicator of these patterns wuld be for it to close above the Suppport its at now. ill post a more detailed analysis when i have tim to actually analyze but as of now, the mos important thing is...

veilside350

there is now an 80% chance it will go to those red Support lines, but will they Support? Shading of the red says they might give it some trouble but it depends on volume. i would say each those transparent red lines are about 40%-60% strong, meaning when they reach there is a 40%- 60% chance they will hold the Support

veilside350

the Resitance before you buy and wait unitl it breaks below Support to short. Why try to guess where its going? just wait unit the chart tells u which way its going On my Feb 28 post is said wait until it passes Resistance before u say it broke out. people were celebrating noise. its still noise, it hasnt broke out or broke down, but now its 70% Bearish. It wasnt...

veilside350

yea, in my last post i said it needs to pass that green Resistance so it can be a breakout, people were claiming they were right and how it broke out.it wasnt a breakout until it passed above hat green Resistance i had drawn last week nobody can predict the future. u can only get as many odds as you can on your side. now its looking like 70% bearish and 30%...