petrreo

petrreo

I am not publishing this time, to tell You what my predictions are, what will happen now, but to ask You what do You do think. Is it continuation pattern? Is it pattern at all? What are You watching here?

petrreo Updated 

Descending triangle this time? Of course I see it. (dotted line - DT visible better in Day time-frame) Everyone sees it. Absolutely everyone. You know it when all think the same - market just tend to make the opposite and in retrospect we will say why. In the last cycle, in 2015 our break from bottom ended up in ascending triangle. Now are people pointing...

petrreo

Everyone's trying to find the long term pattern behind Bull an Bear in BTC. Using 3Day chart - I will try my best too. Not sure, not claiming anything, just having few observations and fun. I divided the cycle into one more time windows. - the bottom. Bull run in VIOLET is relatively obvious. Contentious might be only the timing when it starts - for me it is...

petrreo

Hi everyone. I usually do not use much any of time-frames above 4H or the more over day for charting. However I tried my best with weekly candles on the BTCUSD pair .. because we are inside this cycle already for quite some time and it is good to try to grab some perspective. So I jumped in and I did my best. Now I am bit hesitant to believe what I do see .. I...

petrreo Updated 

Hi everyone, Monero is pleasing us. It shows growth as it should have. When it dips, it drops hard .. then it resurrects itself as allways. I have published before my opinion on the growth Channel for XMR BTC - I was successfully trading within it. I am curious, if it will show it's boundaries this time once again. Did I mention the fork again? Yeah again .....

petrreo Updated 

Hi people! MONERO NEVER CEASED TO GROW in relation to Bitcoin . In long term - it always growths in average speed characterised by a growth channel. If I would zoom out, You would see that the channel is even more prominent than visible here (However it would be harder to discern the other important - present action) I always follow this trend to adjust my...

petrreo

Do You see it too? Observing how spiky-spiky volatile Agrello can be even without any pretext ... it would indeed be wonderful, if proper Cup & Handle was formed on it. Don't you think? There is no need to talk about all there is nicely visible.. what I want to query is .. > would that be actually CaH ... based on rather small initial growth before starting...

petrreo Updated 

I am long time hodler of SUB .. however.. if time permits I love to sell on top and accumulate on the dips after :-) It is never certain business, however now it looks as if SUBSTRATUM decided on beautiful wavy growth. So I am gonna test the range in olive green I have shown you to sell (hopefully the dip will come close after) .. and that based on confluence of...

petrreo

The chart is in itself self-explanatory ... I am in crypto mostly from the beginning of the bearmarket (or just few months before ... however only the Bear forced me to make my first TA analysis and learn fast). Is this easiness and predictability something to expect from growing market? I love the rythmicity.. boundaries of the parallel channel (little bit...

petrreo Updated 

New term of the XMV fork on the horizon. Sellers getting lazy both in price and volume. price fall curving sidewise ... just before it meets deadline for the XMV fork. BTCUSD goes sidewise as of now too. I think, we have local bottom. If not for some unforseen action on the BTC front, up we go! Up the channel, up!

petrreo Updated 

I was granted access to a new indicator, so I decided to test it on my Favorited coin. UncloBo is merged with RSI in one line (RSI is in Cyan and in unorthodox format) ... UncloBo has signaling colors for action. I backtested it on the 4H chart and it seems to have no mistake in indicating times to buy (green lines)- I do not see good time to sell (well I...

petrreo

LOG scale RSI UncleBo

petrreo

They say cryptocurrency is bubble/ is in bubble. I try to educate myself from the past bubbles in the traditional market ... however this looks like not only past bubbles are on the chart, just one imminent ... Am I wrong? Charting may not give sense.. it is a way I cope with exponential growth over long period .. try to switch back and forth with LOG scaling.

petrreo Updated 

Hi people! MONERO NEVER CEASED TO GROW in relation to Bitcoin. In long term - it always growths in average speed characterised by a growth channel. If I would zoom out, You would see that the channel is even more prominent than visible here (However it would be harder to discern the other important - present action) I always follow this trend to adjust my price...

petrreo

Just one of those watching for the pattern Inverse Head and Shoulders to take action - and now enjoying the sight ... How I miss the popcorn ! :-)) How far up we can go? What volumes will it bring? (Thanks to Magic Poop for showing me before I noticed it myself) Enjoy the sight !

petrreo Updated 

Also look on RSI .. and have a look in the past ... it has history of touching the 30% only so very slightly before taking of and never looking back.

petrreo

Sorry to bother you again with the NAV :-))) After producing bigger and longer chart for the NAV Coin .. delimiting falling wedge being somewhat broken, just to be replaced by its bigger cousin .. slightly extended falling wedge. I noted, that I still miss volume coming to the trade and sooner or later we may expect breakout (the bigger wedge tip meets at the mid...

petrreo

Hi all dear people. Last time I posted my chart about NavCoin, it was my first chart about NAV.. and I knew I cannot expect much from a newbie, like a myself :-D ... So I must admit, It didn't do that well. .. Hmm, on the other look, it didn't do that bad either :-), I just to have to learn on few more points. So what happened? And what's going on now? Let's...