PumptyMcDumpty

PumptyMcDumpty

Just a quick thought nothing fancy. BTC looks like its building for a nice breakout to the upside. If it breaks down I will expect more downside if it breaks through 44k as it may be toying with us a bit(shocker right?). That would be two levels of solid support on the 4H TF

PumptyMcDumpty

Looks like BTC may range in a channel that is sandwiched between nice support and resistance before more upside. What are your thoughts?

PumptyMcDumpty

Just a thought for a potential swing trade, just posting for fun :)

PumptyMcDumpty

I have been studying up on Wyckoff a bit and this caught my eye, could be way off so please take with a grain of salt. Happy Trading! :)

PumptyMcDumpty

Real Simple LTC chart I wanted to share, a couple scenarios can play out here, if it breakout of the descending trendline it will do a retest of resistance at $190(ish) if it breaks through and holds ill be expecting more upside. If it breaks down then a retest of the $90 and if it breaks down again $65. These price points are just rough numbers as trendlines,...

PumptyMcDumpty

We know the correlation between BTC and DXY so I figured I would post a weekly chart of the two. As we know anything above the 50rsi the bulls are in control and anything under the bears are in control and the 50rsi will be retested throughout each cycle etc On the btc chart I highlighted the rsi and price action of BTC to reflect that during the bull run the...

PumptyMcDumpty

Simple chart showing Ren following the ascending trendline while getting squeezed under strong resistance.

PumptyMcDumpty

Here is a weekly chart I've had for a while, now seems like a great time to share it! As you can see XRP has been rejected at this resistance line since August of 2019. If it breaks out it could be a great show!! :)

PumptyMcDumpty

Looks like band has started forming a channel here, what do you guys think?

PumptyMcDumpty

Here is a simple chart on the 3D that shows my perspective for LTC Current State. Hit current resistance perfectly, if it breaks through I expect a retest of current resistance and one leg up at a time after that. Sorry its so simple but I think it helps new traders see the whole picture more clearly when its this simple. Thanks for stopping by! :)

PumptyMcDumpty

XTZ getting squeezed on the daily, can expect a breakout to the upside or downside. If BTC holds strong I expect it to be to the upside and probably a nice pump since XTZ has been slowly dying off since early September. Hope you found it useful, Good Luck!!

PumptyMcDumpty

Looks like OXT is forming a bullish triangle here and could be breaking out within the next few days(markets permitting). One thing I'm watching out for is BTC movement as it has started retrace a little and many speculate a correction, if it does a correction then alts will follow as usual. If BTC stands strong and consolidates for a bit I expect a decent pump...

PumptyMcDumpty

I dont typically like charting coins new to the coinbase exchange because of the "Coinbase Affect" but here is REN looking like it wants to touchdown on what I can consider an important support line, just food for thought.

PumptyMcDumpty

Hey there! here is another simple chart I have thrown together, looks like LRC is ready to breakout from the descending trendline, if it can break through the descending trendline and pop above the purple resistance line and hold .16 we should see a nice little run from it. In addition to this LRC claims 3.6 will be released by end of November so we should get a...

PumptyMcDumpty

Bounced of the ascending trendline perfectly, how are you guys feeling about OXT in general? RSI looking favorable as well. Did you guys also take this trade? I entered at .2051 and so far so good! thanks for stopping by!! I'm still learning so if you have any pointers by all means please share!! cheers!

PumptyMcDumpty

it present in multiple time frames, just food for though :)

PumptyMcDumpty

Here is as simple interpretation of Bands current state and what I am watching for before I take a position. As you can see Band has previously respected descending trendlines pretty well. Currently it stuck behind one and needs to brake out in order to reverse its current downtrend. But now you can see its not only stuck behind a descending trendline but also...

PumptyMcDumpty

Just a thought as it broke down, btc likes to do mini consolidations and take another leg down. thoughts?