Dear all, I try to remember the hardest Lesson everyday "On green days you look for a sell and on red for a buy". We had a good series of green... Here we had a really interesting rally. Compared to other analysis, I don't think we've breached resistance but that we actually touched them. In case of bullish div at resistance I would go long above. However here...
Dear all, I want my bags of alts to be full of green candles, see BTC 0.68%at 70k, however what do we need for a strong bull run? A strong touch to support line for a bounce. Having a discussion with a TV member to look at a broader TF we can see that it does not look good for Bulls (right now) Here is my thoughts, feel free to comment and exchange on this...
Dear all, Another harmonic pattern on BTC 1 hour, a bearish bat I'm entering the trade with TP 7356 and 7272. All the Best from the Crypto Space Alteroc
Dear friends, Looking at the larger picture it's currently making me more cautious about BTC right now. Let's have a look at the Daily chart: - RSI at 0.618 resistance - Bearish divergence - Price at multiple resistance and exhausted on shorter 4h TF My short target is $6,800 for now. All the Best from the Crypto Space Alteroc Not a Financial...
Dear friends, Sorry for those only longing, good lucks for shorters. One more bearish sign on BTC 0.28%, A bearish Bat Pattern has developped: TP 1 --> $7,020 TP 2 --> $6,666 All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR If you liked the idea press the like button :)
Hi there, BTC caught us by surprise with a $1,000 dollar candle. I thought that given the current bear market we would consolidate within a ascending EW triangle on top of the H&S pattern. Well we went straight up. Even though a retracement is almost mandatory right now I do think that we will see a bit more upside $6,670 area (Target of the inverted...
Dear all, Here is what I am following on BTC currently. Two bullish patterns are in formation: - The famous Inverted Head & Shoulders - An Elliot Wave ascending triangle Both patterns are bullish are I'm confident that we now have a healthy setup to break the Bear Market. My Target profit on this setup would be the $7,700 mark. All the best from the Crypto...
Dear all, EOS is an interesting buy on breakout if it manages to break upwards from the falling wedge it's in. All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
Dear all, LTC is printing an interesting silent break out of the falling wedge. It needs to be confirmed by the the closing of this candle. For now RSI confirmation as well. TP 1 ---> $85 TP 2 ---> $95 All the best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
Dear all, Here is a trade setup I'm taking on SALT. The coin had a extensive retracement, now price has printed a double bottom and daily RSI is showing a bullish divergence. Several resistances in front: - the previous support of falling wedge turned resistance - Falling wedge resistance This is a long term trade and I highlighted in green my TPs zones. All...
Hey there, Everything is in the chart: -Support & Resistance - Falling wedge pattern - RSI triangle All the Best from the Crypto Space
Dear all, Here is the view I'll be watching on the weekly chart. All the Best from the Crypto Space Alteroc
Dear all, A quick chart on how I am monitoring BTC right now. I see a lot of bullish signs on this red days, like we shall see a lot of bearish signs after several green days. - RSI is bottomed - Stoch RSI double bottom - Parallel channel support - Falling wedge I'm a buyer with tight tight tight stops. All the Best from the Crypto Space
Dear all, Here is the current view on BTC that I am monitoring. We really had a fight right now between Bullish and Bearish patterns. Bulls: - Inverse Head & Shoulders in formation (Target $7,900 area) - Possible Diamond bottom Bears: - Downward break out of the falling wedge - Trend line rejection on the Daily at key $6,800 level - RSI too high to have...
Dear all, Here is the play I'm following on BTC. We can clearly see a possible inverse Head & Shoulders that might form. That pattern, if completed would help cross the last downtrend line. On top of that, this rally was strong but RSI shows signs of retracement, H&S in formation on RSI. Targets on my side are $6,400 for shorting and $6,300 to 6,200 to add to...
Dear all, Yesterday was a nice ride for longs. Now things need to cool off a bit. NEO was one of the strongest coins and I anticipate the following retracement to $34. Assumptions: - RSI overbought and in rising wedge - Price face resistance and starts to retrace within rising wedge Target is the 0.618 fib level of current extension. All the Best from the...
Hi all, BTC made it's usual pump. Now almost touching the downtrend resistance line. But still in descending channel... On top, hidden bear divergence on the daily so I keep looking at the $6,160/ $5,850 levels with attention before going thinking going long This is the perfect moment to be extra cautious, why? - It' s dangerous to open short close to "the...
Dear community, Fractals worked great so far, here is another one. See how without any modification it fits perfectly fib level. I do believe $5570 is a great reversal level since it's the 0.618 fib level based on a Fib speed resistance fan from 2013. All the Best from the Crypto Space Alteroc