Litecoin keep going down until reach Demand Zone Hi Folks,
LTC might still going down until reach demand zone and reverse for uptrend.
When I look back in time I saw a similar scenario played so we might see the same thing happen again
Cryptocoin
BTC 4 Hour Higher Low Search BTC bulls made some significant follow through on the resistance break during the live stream yesterday.
Now we have set a double top and started consolidation.
Back test of 4 hour EMA support this morning as the bulls look for a healthy higher low.
ETH and LTC were laggards to the bull move on BTC but now we are seeing more significant consolidation with 5 and 15 min RSI levels oversold long before BTC.
If BTC loses the 4 hour uptrend we will have a daily lower high and tightening range set to start the week.
Bears potentially looking for the loss of the 4 hour uptrend as an entry signal for a bear swing trade.
Dash will reach Demand zone before Bulls take over Hi Folks,
I am still thinking Dash will reach Demand Zone and then we go up.
We still have a lot of sellers selling and we need to see some zone of interest for bulls to come alone.
Requst Network - Wait for Pull Back Hi Folks,
Wait for pull back if it will reach for 3rd time Main Support Line.
I think it will go again to test it.
NEO ~ There is 2 scenario. Previously I This 1st graf might beHi Folks,
I have called couple of days ago about NEO to gain 15%. WE might get it or we might see and dip even more till reach second Demand Zone.
BTC Bulls Testing 4 Hour Lower High ResistanceAfter dropping to a lower low, bulls bounced back to the original tops and are currently trying to break the lower high pattern.
On the daily chart this is currently seen as a bullish reversal candle off EMA12 support.
Bulls are hoping for a strong close of this candle, but keep in mind we will need a 4H higher low and HH to change the trend back to bulls.
LTC ended up with a nice double bottom at the lows, and it and ETH are testing their resistances as well.
We get a lot of information judging what consolidation looks like and if that is it and the bulls resume a 4 hour uptrend from here, it is very favorable for bulls.
Bears will be scouting entries on daily lower highs, using recent tops as stop levels.
Zilliqa - I am out! Waiting for new Confirmation Hi Folks,
I was in yesterday, but how does is play overall I am out and I Will wait for new Confirmation maybe on the bottom.
I didn't lose much which is ok when I saw how the market is going.
I see many traders using a lot of graffs on their charts. I like simply price action. I used to use a lot more, but I found out they are only distracting me from prices.
Bitcoin Cash wait till reach Demand Zone Hi Folks,
Keep an eye on this!
There is a lot of volume going upward in that region and by L2 bulls are waiting to hit their target
Ethereum Going down for correction before going upHi Folks,
I would just say I hope this would be the last time that ETH is going down,. Wish I have magic one to see what future holds for us :-)
Ontology 1;3RR Hi Folks,
I am going to be trading from Demand to Support Zone with 1;3RR
AS I showed previously, target is nearly the same. What comes to buy and sell.
BTC 4 Hour Bull Break Lacking Follow Through Bull break last night but only 1 resistance level and we do not have a volume spike and follow through.
This is keeping the bulls in control with the higher lows intact, but it is not convincing yet for daily continuation.
Bulls continue to impress holding up this long after the original break out has occurred however.
Also liking the 4 hour equilibrium on LTC currently forming. With a bull break out daily higher low will be set.
I will be entering LTC if we get a bull break, as the daily consolidation has cooled things off significantly.
Remaining patient. Bears are top fishing recent highs or waiting for supports to break before entering a position.
Bulls are using the 4 hour higher lows as a guide.
Enjin Coin 1:3RR Hi Folks,
This coin could have good potential for rise. I am aiming only for 1;3RR and if I see keep continuation uptrend I will hold that position there.
BTC 4 Hour Equilibrium to Watch Bulls are keeping EMA 12 support on the hourly but if this pattern breaks bear it will be lost.
Currently all cash and patiently waiting.
ETH is also in a 4 hour equilibrium, while LTC has pulled back significantly looking for the daily higher low to be set.
With a bull break we will be looking at $5,400 resistance on BTC.
Bulls are just now bouncing off support to try and form a solid higher low, so we may see this pattern continue to tighten into this afternoon.
Both bulls and bears will have some stops based on these levels, so we should see a clear volume spike when ranges break.
ADABMB, Fib Levels, 14/21 EMA crossovers- cryto possible longSee fib levels.
The price seems to be ranging a bit now and really looking for some shift in volatility for price to resume upward trend .
1 hour chart see also RSI
BTC Bulls Hoping for 4 hour HLBulls saw a continuation break last night to higher highs, though not by a large amount.
Using the 4 hour EMA 12 support which has been holding for 20 candlesticks, or 80 hours as support.
ETH strength in favor over LTC now for me personally in the short term, and I flipped it yesterday.
Continuing to use BTC as a guide, I exited when the 5 min BTC uptrend was lost, which signaled the top for most names.
Bulls are very comfortable knowing that even if 4 hour higher lows are lost we will look for a daily higher low to form.
At this point BTC has 4 hour inside bars and there are no red flags on consolidation.
Scouting to potentially scale back in some ETH in the $170s if this remains the case.
BTC Tightening 4 hour PatternIf we are going to continue to fill out this tightening range, I would expect a 4 hour lower high to be set this morning and a pullback to a higher low.
We have gotten the anticipated price action for this pattern so far since the video yesterday.
Increasing bull volume would be an indication the bulls can just break this patter and head back towards recent highs.
With out it, the lower high and consolidation most of today is a more likely scenario.
Bulls and bears all patiently waiting for the tight range to break for a volume and volatility spike after the wild start to the week.
nice double zigzag correction (long it)buy the dip
or
buy the next dip.
updated thread on the trade in comments.
BTC Bulls Continue to Hold EMA 12 4 hour SupportBTC bulls keep up the slow grind and control after a bear attempt last night was met with bullish buying.
We saw 5 minutes of bear breaks met with 30+ minutes of buying at the ask to push the price to the highest levels in a couple days.
This is not the first time buying of the dip has saved EMA12 support on the 4 hour in the last few days.
Everyone is still watching weekly resistance $4,239 as we continue to get closer.
Volume will be key in determining the kind of follow through to be expected if we do break.
Some are not comfortable with a bull entry on this resistance break for BTC.
I must admit the last few months have me in the same place, but I do have my "Anti-FOMO" LTC positions which were entered in the last couple days. This is a smaller position but intended to give some of the action if the bulls are able to pull it off.
If not, a loss of the daily uptrend will be a small loss to be back to all cash patiently waiting.
Bears are going to be potentially top fishing this weekly resistance, and entering short in the upper $4,100s.
BTC Significant Recovery After the daily bear break and loss of the uptrend, BTC bulls are making an impact with a significant recovery back towards resistance levels.
The hourly RSI is fairly high at this point, so we are watching for a healthy 4 hour higher low to form.
The bulls continue to prove resiliency over the last couple months, increasing the odds of a weekly bull break.
LTC bulls have a very strong daily chart and I am personally looking to establish a position there for a move into the mid $60s if we see BTC break $4,239 resistance.
If BTC Loses the hourly uptrend, we will be looking at daily tightening ranges into the weekend.
A good number of bears that entered on the recent weakness and continuation, have been stopped out.
BTC Hourly Equilibrium Bounce BTC dumped right after uploading my last video, and lost the daily uptrend.
We have been grinding hourly EMA 12 resistance on this bounce attempt and if it breaks bull we will zoom out to the 4 hour chart.
Currently a daily inside bar forming reflecting the tightening range.
The weekly chart is now in consolidation mode looking for a higher low after the weekly resistance double top.
Bears are back being comfortable in swing positions and bulls are patiently waiting to see if we are going to hold $3,337 key weekly support.
Remember anything is possible, including the potential that we break to lower lows this Summer.
Set game plans accordingly!
BTC 4 Days of Sideways We are still in a very tight range, with no winner after the last rejection from resistance.
The daily uptrend is still intact, but bulls will have to make another move to resistance, where we know the bears are waiting.
The pattern has been a slow move to resistance, a quick break or hard rejection, and then lack of bear follow through.
In 2019 the periods like this where BTC trades sideways for days, we see individual alt coins run for bulls.
The pause in BTC volatility allows for the alt coins to run on their own.
BNB continues to perform as the lead bull in the crypto space with news catalysts recently sending it to higher highs.
Congrats to bulls capitalizing on alt coin strength while we wait for more clear direction from the more popular coins.
BTC 4 Hour EMA Resistance TestBTC bounce still underway, rejecting from EMA resistance on the 4 hour but still battling for it.
There is a notable pattern the last few weeks of bears smashing the price down when we get to a certain level, but not getting any follow through, just setting daily higher lows.
It is as if there are bots programmed at a resistance level, but they only trigger at those levels and there are not enough retail bears out there to get any follow through.
We will see if this continues with a slow and steady climb back over $4,000.
Daily inside bar is likely to form today, and yesterday's low is potentially just another daily higher low.
