BeastofCrypto

BeastofCrypto

- price near support -RSI holding 30 levels -if diagonal shows up, ill go long

BeastofCrypto

-waiting for bear scenario -when price climbs fast it also drop fast

BeastofCrypto

-Deathcross 1hr moving average 200 > 50

BeastofCrypto

-4.15 to 3.43 is a steep drop ill consider it as first wave -Price rallies from 3.43 then drops from 3.96 w/c was 0.618 fib trend extension a probable C wave -price is bouncing up looking for entry @786 zone 3.89 invalidation if price creates new high above 3.96

BeastofCrypto

-Rising wedge after falling wedge -Bullish breakout

BeastofCrypto

-Waiting for the price to confirm itself -I like to see price action breaks support and we close back up possible a pinbar CS on a higher timeframe -since it still a 3 wave ill call it abc for now -break above trendline is a good entry for short term hold long entry -RSI is near oversold, which means there a room for upside

BeastofCrypto

-4hr and 1hr RSI are aligned at over bought zone price needs to reset - probable flat @ 382 fib retracement from previous impulse -waiting for some divergence near the area before going long

BeastofCrypto

-Breaking upper trendline could mean there's another leg up -also spot some flat connects two impulse

BeastofCrypto

-Impulse wave is invalidated when wave 4 enters territory of the first wave. - 3rd wave cannot be the shortest - 1-2 1-2 should at least show some leading diagonal for overthrows or extension to occur

BeastofCrypto

-Price at support ema 200 -Breakout from trendline

BeastofCrypto

-Breakout -Retesting resistance turns support

BeastofCrypto

Price is correcting from its recent drop, also found divergence on 1hr RSI -Price drops fast which means there's a more probable continuation -Price Slop is very steep down -Should break the upper trendline, if only then ill switch to bullish scenario

BeastofCrypto

Bullish alt

BeastofCrypto

One more leg up

BeastofCrypto

Role Reversal, simple is more

BeastofCrypto Updated 

Zcash ( ZEC ) flat continuation pattern, bullish scenario