CennoCapital

CennoCapital Updated 

XMR has completed the measured move from the breakout of the consolidation box. This also lines up perfectly with a fairly major resistance level from back in June/July 2019 and September/Oct 2018 I don't expect XMR to crash, it will probably go sideways before breakout. If XMR can break $120 and hold support, I would expect a move to $200-215.

CennoCapital Updated 

Because Ether has not broken above 350 with a retest and resumption on the 8hr, I am still neutral. Initially I thought it would have a flash crash down to the long term trend line, but now it looks like it's just heading sideways until it hits it, and then should resume upward. It is still below the 20 MA so no buy signal yet. Whatever road it takes to get there,...

CennoCapital

Pretty self-explanatory. First target is around 5.5 USD I will look to take profits there and then see how it goes.

CennoCapital

YFI has made a good volume recovery. I will be waiting for the 8hr retest of the closest S/R line and a good resumption before going long. A safer entry would be the retest and resumption around the 21000 S/R line. It would also be above the EMAs at that point.

CennoCapital Updated 

If you want a safer entry, wait for the 8hr retest of resistance at 21000

CennoCapital Updated 

Looks to be forming several bullish signal. Good place to buy would be that ~$550 support level. If you missed the wick off there just wait.

CennoCapital

If this retrace on the 8hrly holds, and we have a resumption upwards, I would be looking to go very long here. Monero has held up extremely well during this indecisive market.

CennoCapital Updated 

Going long with a tight stop loss

CennoCapital

Pretty clear Elliot wave pattern going on here. I'd bet my bottom dollar it corrects significantly from here.

CennoCapital

There is finally some buying volume coming through, but too early to call anything. It is technically a lower high, but reached the wicks of the previous low and rebounded with good volume. Definitely wait for confirmation before going long because it is also going through a Bollinger Squeeze and has bounced off the MAs.

CennoCapital Updated 

As long as we stay above the 61.8 retracement of this bull run, LINK it still very bullish. But it will likely fall from here and down to that trend line, unless it breaks this pattern. Wait for confirmation of breakout up or down.

CennoCapital

BTC channel still valid on 8 hourly chart. It should move down the depth of that channel, taking out the gap and probably briefly moving a bit further to around 9500 as panic selling ensues BTFD.

CennoCapital Updated 

SPY has fallen below support, and now tested it and bounced off, turning it in to resistance. It should get to one of the two lower trendlines. Wait for a good volume bounce in order to confirm resumption of the uptrend.

CennoCapital Updated 

Depending on whether OMG rebounds from here, could be a double bottom or a longer slide down. It must rebound with good volume to make a bottom more likely. I am wary of the lack of massive buy volume of OMG at this level.

CennoCapital Updated 

Looks like BTC is in a channel, which will lead straight to the CME gap and then HOPEFULLY up again. Also going through a BB squeeze and heading down, which supports this channel.

CennoCapital Updated 

I thought this recent move might be it, but it's not climactic enough. So continue being short but expect a retrace. Based on long term fib level which is holding well, it'll either go down to around 320 from here, or retrace and then go back down to 320-ish. Hoping for the retrace from here, to offload at 390 to 415. Reversion to the mean.

CennoCapital Updated 

This may not be a quick recovery. May form a triangle and break out toward the end of October Lots of swing trading opportunities if this holds.

CennoCapital Updated 

This may not be a quick recovery. I don't think it will go below the bottom trendline unless it's very briefly. More likely to have some sort of bounce from here, given it's a frequent buy level as you can see from all the demand tails here.