Hey guys, My last few charts were neutral with a bearish sentiment but good traders have to keep in mind the possibility of the opposit of what they expect to happen. And even tho I am a little more bearish, I am ready to trade this bullish possibility.
All right guys lets talk moon.
As long as we Hold the purple pennant trend line, we have to assume bullishness...
Hey guys your boy Vinnycrypto here to analyse how healthy this bull run was.
1. 12h candle just closed as very bearish reversal candle.
2. Got rejected right on last high and on a very important trend line seen in last analysis
3. Possible double top forming.
4. RSI shows bearish divergence.
5. Histogram shows bearish divergence.
6. MFI shows bearish...
Hey guys welcome to a new market update and analysis from your boy Vinnycrypto.
On the menu today we have:
-Past important channels.
-Current important channel.
-Our well known wedge with an added secret ingredient.
-An indicator used by no one but that should be used by everyone.
-A moon, a welcome back to earth, and a big green truck backing up.
I made this...
Lets go straight to the point on this one guys as this is serious matters.
Someone is being played big time here. Bulls or Bears?
I received messages of bears and bull laughing at my no trade zone comments. Long now or get rekt the bulls say. Short now or cry later the bears say.
But my question to you bulls and bears is, are you being played?
Here are the...
Sorry guys, I am going to be a bit of a douche and let my secret out while it is too late, I discovered this on the last 2 bull runs while people started talking about the .618 of the last bear run to be the way to predict tops, you can see for yourself now that it was accurate but not the most accurate as we didn't quite touched on the last 2 bull runs.
Bounced right up at 0.618 fib with bullish divergence on RSI indicating a move up.
-I am expecting a retest at the 200 on the hour. which coincides with 0.5 fib and previous heavy resistance.
That would make a text book head and shoulder pattern inside the bear flag if we breach the neckline.
But you know what they say about head and shoulders at the bottom of...
A bear flag formed on the daily.
-We broke out of the channel. Waiting remaining of daily candle to confirm breakout.
-We are touching the .618 FIB of the last uptrend. A breakout of it would cancel the uptrend indicating that new lows are possible.
-2 trend lines indicating crucial support. Angled one is the new trend of higher lows, horizontal one is weekly...
Death cross is the 200 ema crossing over the 50 ema. A death cross occurring on bigger time frames indicates that we are still in trouble. A death cross occurred on the daily chart in April and has now happened on the 2 day chart. Make sure your seat belt is fastened boys.