Hi there, Here is an updated view on a previous analysis made on NEO. We seems to miss a lower low and based on Fibonacci Price Retracement it would be around $31.5. All the Best for the Crypto Space. Alteroc AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai twitter.com
All in the chart, Looking at the $5,900 zone. Your thoughts?
Dear community, OMG USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side. Assumptions: - Completion of Elliot Wave triangle. - In last segment of resistance (see Pitchfan) - Triple bottom within the triangle -RSI oversold and at bottom - Great R/R ratio Stop Loss: $7.6 SL to be readjusted to...
Dear all, A quick update on BTC on the short term. BRC is currently trading tighter and tighter in the apex of a symmetrical triangle. A indecision pattern of choice. 2 main supports and resistance on breakout: - UPWARD --> $6,800 - DOWNWARD --> $6,100 to $5,900 If you bought at $6,100, tighten your Stop Loss / If you are in fiat, wait for...
Dear all, Here is an update on NEO. NEO is completing is correction in a larger Elliot Wave triangle. Currently at the bottom if this triangle, short term price action is bounded into a falling wedge. UPWARD breakout --> $39 and $42 targets DOWNWARD breakout. --> $36 and $33 targets All the Best for the Crypto Space. Alteroc AI Trader...
Dear community, Here is an idea base on last move. Looking ag fractal pattern. Feel free to comment it's an idea to look out for possible scenarios. All the Best for the Crypto Space. Alteroc AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai twitter.com
Hi all, QTUM USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side. Assumptions: - Finalizing correction phase - Doube bottom formation - RSI at bottom, compressed in the apex of a falling wedge - Great R/R ratio Stop Loss: $8 SL to be readjusted to break even after 1st is achieved and so on....
Hi all, Here is a overview of NEO daily chart. - Set of 5 Elliot wave is being completed in this Bear Market - NEO at key long term support - RSI oversold at 27 - Falling wedge on RSI - Price compressed between support and resistance lines. /!\ Downward breakout - Target $25 /!\ Upward breakout - Target $83 This forecast is not a financial advice, study,...
Dear all, Here is an update on LTC. Clearly undervalued and oversold. However further move downward is an option and is highlighted on the chart. Here we sit, a bounce to $130 is necessary because below $95 next strong support is at $50. This trade is driven by 3 main factors: - LTC currently sitting at key support $95 - RSI is oversold - RSI forming falling...
Dear all, Here is an update on BTC based on current downtrend and falling wedge patterns. We can observe that the angle of each falling wedge (correction phases) is smoother and smoother which highlights that the bear cycle is closing to an end. However BTC even with this triple bottom, can breakout downward this descending triangle to test $6,000 or...
Hi TradingView community, Short term trend on BTC. For the first time in a long period, BTC starts to shows some bullishness on the 4h chart. Trade setup: - Steep falling wedge - Oversold RSI - Bullish RSI on Stoch RSI /!\ Target top of the wedge at $7,200 /!\ Stop Low below 2d support at $6,300 This forecast is not a financial advice, study,...
Dear all, Here is long trade setup I'm entering. ETH is currently at a key support at $495 dollar and has 3 resistances to overcome (downtrend lines shown on chart) to break out of Bear Market. This trade is driven by 3 main factors: - ETH currently sitting at key support $495 - RSI is oversold - Light bullish divergence - RSI forming falling wedge Please...
Dear community, Looking at ADA Future contract (Bitmex), we can identify a falling wedge in play. Based on Bulkowski's perfect trades, breakout "can be in any direction but is upward 68% of the time." On top of that, risk/reward ratio is attractive with a value of 5.48. Stop loss --> 0.2410 TP 1 --> 0.2860 TP 2 --> 0.3118 TP 3 --> 0.3410 Of course this...
Dear community, I was looking how far we could short BTC today and I think tomorrow we will see some green candles. Trade setup: - Bullish divergence on 1h timeframe - RSI oversold - Price at support forming triple bottom Stop Loss : $6,660 Target profit: $7,200 All the Best from the Crypto Space AI Trader assistant (15% discount) -->...
Hi, On short time frame we a break outage symmetrical triangle. Good News for now. All the best from the Crypto Space.
Everything is on the chart and the title ;)
Dear all, Short update on BTC, the rising wedge finally completed its retracement to the $6,700 area. Now we have 2 options: 1 - BTC candle 12h candle closes within 5hrs above $6,900 to preserve long term support In that case BTC will have performed a bullish triple bottom 2 - BTC candle closes below and it will visit lower supports highlighted on the...
Dear all, Short Term trade base on Bollinger Bands and hidden bearish divergence on Stock RSI. 3 Targets: - $7,200 - $7,150 - $7,100 Stop Loss $7,340. Word of advice, always set stop loss, know when to take profit and let the correction clear technical indicators as well as allowing new buyers to enter the market. Of course this forecast is not a financial...