Just for fun I thought I might like to play predictor and plot some scenarios on LTC going forward. It seems to me this trading vehicle likes to trade on 14 day cycles and pivots nicely off trend lines and fibs. With all this in mind I believe there are four very realistic possibilities over the near term. Resolution of our current key level will dictate which...
Crude oil has made a very natural correction over the past couple weeks as it cleaned itself up from a 'stupid overbought' condition registered through late February & early March, 2014. We have come back to the 38.2 fib, consolidated and are now deciding weather to rally back up into the short term OTE short zone (102.22 to 103.54) or to complete the daily OTE...
One by one the OTE long zones are getting cleaned up on this pullback. 579 hit and she still looks like she wants lower (a la bear ab=cd tgt 534). We have one more significant OTE long zone (off the entire range) at 508.57. If that fails to hold this entire bottom is in doubt. If my charts help you, or you use my indicators... please consider a BTC donation to...
The recent double bottom registered has been broken with the fail of the 590 lows. The break itself negated the 1hr OTE long sweet spot (605) and now suggests a 534 target going forward. Given that there is a 4hr OTE long sweet spot at 579, it shall be interesting to see how she acts off that level here. If my charts help you, or you use my indicators... please...
On the heels of some fantastic pics for 2013 (GLW,PWRD, DRYS to name a few) the WDB options model is suggesting we take a close look at some names that are either not in the market spotlight at the moment or outright disliked. PBR is on that list and after further investigation the much maligned company appears to be an interesting idea. The model's basic premise...
This feels like a dangerous market, she is very quietly slipping lower. Downside targets indicated, hope for the bulls sake, I am wrong... If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on Twitter @CRInvestor
I have been waiting for OTE long sweet spot tag for three days now. MA rainbow bear cross suggests more patients required. I shall be watching how she acts around the 618 area for a potential long entry. If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 &...
Lots of room to swing either side. With significant fibs both higher and lower one ought to take pause before betting the farm. At present - a very poor trade location unless playing the bullish ab=cd harmonic price pattern but that is a lot of risk for a little fish like me... If my charts help you, or you use my indicators... please consider a BTC donation to...
The most recent bullish ab=cd harmonic price pattern working on the 4hr chart for BTCE has setup a BoT long (from 621.06) and it is still working. Stop atm for this setup at be, target remains tag of floor of OTE short sweet spot at/near 657.37 (bull ab=cd tgt). If my charts help you, or you use my indicators... please consider a BTC donation to allow me...
Wow, to a guy coming home from a 'day job' this chart makes me sick. Clear intra-day buy at OTE L SS (625.91) with tgt OTE Sh SS 632.10 fast approaching (let go of half and stop to be on remainder) and see where she takes you... If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work :...
After liquidating longs at the OTE short sweet spot two days ago I have been more than happy to wait patiently for an OTE long sweet spot tag to re-enter. That level was around the 619 area and I have been working my orders to buy there. We got as low as 622.90 yesterday but could not punch our way down into my buying zone. I woke this AM to see Willy had entered...
Because I am away from my screen through the North American session today I won't be able to monitor price action through the day. I have placed open orders to buy back the coins sold last evening. I have chosen 619 as it is right in the OTE long zone, near significant lows and trend lines. Additionally, there is a gap on the hourly chart at this level. While I am...
After a nice rally off the OTE long sweet spot tag (609.16) price has moved aggressively higher. So much so, we entered the OTE short zone (630.36 to 635.91). While not enough to justify a outright short, the OTE short sweet spot tag was enough of a reason for me to cover long positions - so that is what I did. I shall wait patiently for both momentum and volume...
After some nice volatility, Stamp has quieted down a lot of late. Today's trading range implies resistance about $20 higher then where we are at the moment and support about $20 lower. The market seems to be fixated around the $625 level as that is my current Bull / Bear line. Sometimes the market just tells you to sit on your hands and it would seem we are in...
We are at a cross-roads. Higher time frame bull ab=cd still valid and working but literally caught between two OTE levels. To matters even more pressing, we are also in the very short term caught in a MA sandwich! Which way does she break from here - stay tuned to find out.... If my charts help you, or you use my indicators... please consider a BTC donation to...
OTE ftw! Last night's post regarding an OTE short sweet spot tag on Stamp and a nice short setup was Money!. We fell right back into the OTE long zone for some sweet short term profits....wooot If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on...
Here is an interesting example of how the combination of analysis tools can prove to be very profitable. A rally into the OTE short zone was expected. Couple that rally with a move of our Willy21 momentum indicator into the 'stupid overbought' zone and a moving average cross and a triple top and we had a nice shorting opportunity. If my charts help you, or you...
After a nice turn higher BTC-E currently is consolidating very near our significant pivot of 632. A resolution of this level either way should produce a trade-able move but it isn't here just yet. Considering too Willy's rather negative ema cross here, I recon we are going to have to take some time and clean things up. If my charts help you, or you use my...