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Ashi

COIN : STUCKCOIN is still stuck in the downward channel that it's been in for awhile now (atleast, from this perspective). It shifted upwards a bit yesterday, and is currently lodged underneath the 0.50 fib. The 0.50 fib appears to be COIN's heaviest resistance within the channel (and although COIN did break through the 0.50 fib temporarily twice before, it was rejected at the 0.618 fib just above). The 0.50 fib also hasn't offered much in terms of support when retested... it appears that most of the support is coming from the 0.382 and 0.236 fib levels. As with everyone else (I suppose) who might be considering COIN, I'm still keeping an eye out for some significant upward price action, or atleast something that resembles a price base. I discovered a fascinating horizontal at $291.11, but I'd obviously still need more before confirming anything. Who knows, it could be weeks before it stops dropping... or one day soon it could just start rolling uphill, while I'm still looking for a bottom, never to come back. No matter... for now, I'm still learning and having fun charting COIN. And my outlook on COIN is still long long-term. Enjoy! // Durbtrade
NASDAQ:COINLong
by Durbtrade
10
[MATICUSDT] 40 cents on its way, then room for moreHi all! For those who were in MATIC recently you noticed how unlucky we were as everytime we were about to break the triangle, BTC dumped at the same time. After two massive corrections (Sunday morning and yesterday), I believe we reached a good entry point on most alts. If BTC holds 48k support then this is what I expect from MATIC in the next two days. It's currenty forming an ascending triangle. We'll see the 40-42 area pretty soon. This is not an investment advice, DYOR. Good luck everyone!
MLong
by cryptologyy
COIN : OUTCOIN bounces out of the descending channel that it's been rolling in since the beginning of the week. Has a base of COIN been established at 300? Starting with a horizontal ray at 310 (the bottom of the big drop), I began using rays to connect the higher wicks together, and then the lows together. After that, I extended some rays to the left and looked at where all the lines intersect. Using these lines and points, I placed pitchfans, lining the outside edges up to the rays. Once I established the main placement of the pitchfans, I removed some unnecessary rays and then edited the divisions of the pitchfans in the settings, lining up the divisions to wicks of the inner candles in the most meaningful ways that I could. If you zoom in you can see that every single line on the chart aligns with atleast 2 wicks or 2 candle bodies, other lines line up with quite more. Each line is specifically placed while considering wick importance and # of wicks aligned. Fib spirals too. 2 triangles were then placed forming a pyramid structure in order to express the fact that one of the reasons that I am currently analyzing the trends in COIN price action in this way is to try to establish a possible price base of COIN after its IPO fallout to use as justification for a possible and timely buy in. And here we are, 50 cents above that initial low point after the IPO. Will COIN continue to roll downhill, or will it start bouncing higher? I am not completely sure, and tomorrow this chart may look quite different than it does now. It's fascinating. Got my eye on COIN... watching for a "heads bulls win, tails bears lose" scenario. //Durbtrade
NASDAQ:COINLong
by Durbtrade
9
Bitcoin Trendline break- Long Term Buy Price TargetsBitcoin has recently broken another wedge lower trend line. I took some profit in ETH and BTC when BTC was >60k and am now looking for some entries. My strategy is long term hold, but I do rebalance my crypto against other assets in my portfolio so that has been forcing me to do some selling. I want to be patient and let this break in momentum play out. So I'll be using the following strategy to determine when to add to my long term holds. I use two types of targets in a lot of my long term trades. The first is a momentum signal, and I use both a SMA 8-day or the 4hr heiken ashi candle. At the time of writing the 4hr heiken ashi bear trend had not been reversed. If we get this signal, I will add with the thought being that we are seeing the trend reverse, at least in the mid term. The second type of target is a lower downward target, and these are looking for oversold conditions. For this I use a 135-day SMA, and the lower Bollinger band set at 80-days, 2 standard deviations lower. This gives us the range $36.5k to $42k. When we get any of the above signals, that's when I am looking to add to my position for long term hold. What are your entry targets?
BITSTAMP:BTCUSDLong
by kylespangladesh
6
AG FIRST MAJESTIC on HEINKI ASHIOK, i use Heinki Ashi ´s candle style charts the filter noise and spot trend reversals this is the Daily time frame for AG I still long and guess this stock will close today above 17,40 or nearby (nothing is sure of course) to me First majestic as a relative high spread and goes side ways, for now i expect the stock will reach again $20 now the price is fighting with the MA20, it ´s normal to see here some resistance, let ´s see how the stock handle that Silver as been strongly shorted today but at end the shorts seems to not to get a big strength approximately 12:30 in NYC not the best hour to post a graph, the price on this stock tends to go higher at the end of the session let ´s see :-) Try Heinki Ashi to spot trends reversal as an exercise good luck any advise are my own opinion and i ´m not able to read the future, so take care it ´s risky :-) Charlie
NYSE:AGLong
by Charlie2029
3