BallsOfSteel32

BallsOfSteel32 Updated 

LTC is at a point where it has reversed 4 times since mid 2017. RSI is below 40. A pump into the 90s would be a easy 50% return. Just not sure of the timeframe. Keep an eye on this. May not be the worst buy for a small percentage of your portfolio to hold. NFA Do your own DD Good Luck!

BallsOfSteel32

Too many ideas go unpublished. In the world of the alt coins, its hard to pick a pony. Sometimes you need a posse. Internet computer long targets for take profit zones. NFA Do your own DD.

BallsOfSteel32 Updated 

ADA/USD on the daily chart. Price flipped a rising resistance to support. Price has retraced to the .5 fib level. This coincides with an oversold trend in the RSI. Price has smashed through simple moving averages. SMA's sloping upward. Targets overhead in purple based on fib extensions. Risk:Reward: 1:9 NFA, do your own DD Novice here.

BallsOfSteel32 Updated 

Last cycle bottom was marked by a 50sma 100sma cross. This time possibly a 50sma crossing the 100sma and then the 150sma to mark bottom, which has recently occurred. Confluence in the horizontal support area with a rising non horizontal support trend line. Do your own DD Come to your own conclusions. NFA GL Comment!

BallsOfSteel32 Updated 

Following the run up to all time high in 2017, we had a bear market breakdown that lasted the year. This period was followed by an uptrend after bouncing off the monthly 50 simple moving average. That uptrend broke at the .618 extension and gave way to another breakdown to test the 50 simple moving average. PA wicked below the 50sma and opened above the...

BallsOfSteel32 Updated 

Long Legged Doji signifies the market reaching an equilibrium with a possible reversal to follow. We've also received our allotted 5 months of green candles, which generally is the max for an impulse on the monthly. Simple idea here, will update the other timeframes. Not financial advice Do your own DD

BallsOfSteel32 Updated 

This looks to be bearish structure. Wanted to check against the community to ask for other opinions. Trend lines are valid. Little more pump before the DXY drops off into the Low 80s? Rsi indicated another pump to the top of the wedge, but I could see it falling through after that. Comment! Not financial Advice. I am a hobbyist.

BallsOfSteel32 Updated 

Giant Falling wedge on the daily chart. It will probably go to the .618 which finds confluence in the bottom of the wedge. Expect a breakout after.

BallsOfSteel32

The price has started its descent off a Gravestone Doji. Selling pressure expected to last into the spring. This is either a good place to look for short entries, or a good chart to watch to buy into GBTC at a discount. RSI suggests GBTC has just began its descent. The ideal place the PA looks to land after the dust settles is around the .618 fib retracement...

BallsOfSteel32 Updated 

This is my first educational post. This is not long or short. This is just fib circles. This tool is great for non-linear support and resistance. you can also draw horizontal lines at the top of each circle to make your traditional fib extensions and retracements. these can be used on any timeframe just like your standard linear fib ext/ret The biggest rule...

BallsOfSteel32

Disney is one of the few legacy media companies that still has more room to fall. From an Elliot wave perspective, This looks like an ABC correction forming after completion of a 5th wave. Structure wise, this would also form a macro head and shoulders. The measured move from the head to the neckline would place the bottom of the corrective wave (c) around the...

BallsOfSteel32 Updated 

Ltc is riding a macro support while coming to the end of this correction/ bear phase. RSI is at a historic value that has resulted in reversal highlighted by the white vertical lines. Both downtrends have nearly identical timeframes. This could be a place to take a small position in LTC. This also seems like a make or break position for Litecoin in the...

BallsOfSteel32

If your bags are heavy with btc right now, hodl. Dont fear the next dip. Its a test. Hodl gang. Chart is pretty self explanatory. We are at around the same rsi level and resistance as the previous cycle. This is a modified idea of an idea I posted a while back that will be linked below. Not Financial Advice Im a Noob Hodl Gang, Hodl Gang, Hodl Gang

BallsOfSteel32

This shape is generally a bearish pattern, with the likelihood of a breakdown to the next major support area. The rising wedge pattern is one of the numerous tools in technical analysis, often signaling a potential move in the asset or broader market. Recognizing this pattern involves identifying a narrowing range of prices enclosed by two upward-sloping...

BallsOfSteel32 Updated 

Weekly Timeframe: This looks like a classic "w" formation or double bottom pattern. For those looking for a good entry into another long set up, I would wait for a retest of the old resistance now turned support around the 30,500 level. This area coincides with the .5 to .618 fib level. RSI is at a key level that often signifies a reversal just above 70. Not...

BallsOfSteel32 Updated 

The trend is down, and is definitely going to continue. target for the short is 15.70 with a 30% return NFA

BallsOfSteel32

bare minimum 3.618 pump from cycle to cycle. Linked my other views on the coin. Check it out! NFA do your own DD

BallsOfSteel32

Just sharing something simple. Consolidation usually happens at the .786 run to run.