CryptoAccountBuilders

CryptoAccountBuilders

We recently noticed a quick but inadequate uptick in price action today. Things have been really boring over the last two months for most swig traders these days as the price has been consolidating between the $9000 to $9800 range over the last two months. We're currently lookig a bit bearish at the moment, however as we all know things can change at a moment’s...

CryptoAccountBuilders Updated 

So here’s what we currently got with this recent pump that occurred 48 hours ago… - A solid bounce off the 200 day SMA - An inverse H&S forming - A closing approach to the major resistance we’ve had forming since 2019 WE ARE NOW APPROACHING THE “MOMENT OF TRUTH” ZONE… >> IF we end up breaking past the $9800-$10,200 zone on the 4 hour and 1 day timeframe, we’ll...

CryptoAccountBuilders Updated 

A correction is now at our doorstep. We are in day 4 of the recent bull run, which typically exhausts by day 3 or 5. - Volume Divergence - RSI Divergence - MACD Divergence - Long red candle forming on 4 hour - Long green wick on the 1 day - Elliot Wave complete - Correction wave initiated This is only a prediction off the TA I am currently viewing, which...

CryptoAccountBuilders Updated 

A correction is now at our doorstep. We are in day 4 of the recent bull run, which typically exhausts by day 3 or 5. - Volume Divergence - RSI Divergence - MACD Divergence - Long red candle forming on 4 hour - Long green wick on the 1 day - Elliot Wave complete - Correction wave initiated This is only a prediction off the TA I am currently viewing, which...

CryptoAccountBuilders Updated 

Bitcoin now bouncing downward on the last leg of an Elliot Correction Wave. The bounce will come off of the 7700-7800 level or break through and bounce off the 7400-7500 level as both price levels indicate large volume profiles (especially 7400 level). These levels also coincide with the top of the descending trendline, adding more relevancy of a bounce off the...

CryptoAccountBuilders

ETH out of a descending channel and has now finished the end of a right shoulder of a head and shoulders pattern. It’s currently taking a short dip for gaining momentum for the breakout past $466.31, which has failed on 3 different occasions. A bounce off the acending trendline should prove to break past this critical resistance and start another wave (2nd...

CryptoAccountBuilders

Afternoon Crypto Junkies! Pretty easy to see here. We got a descending wedge that has been consolidating for the last several hours. This could also be considered a bull flag pattern. MACD is also fairly low as both fast and slow signals are about to cross. Love trading GRS as it offers tremendous gains!

CryptoAccountBuilders

ETH is proving to be a STRONG hedge against the current BTC drop. We're only on Elliot Wave 2 (finishing up) and momentum seems to be above average. Take note that the volume has substantially decreased, but not enough to keep it from breaking past the .236 fib @ 1212 sats. MACD indicates that the move is still looking bullish without any clear indication...

CryptoAccountBuilders Updated 

This is about as high of a probability on a breakout to the upside as you get with a descending triangle. It'll breakout due to a nice MASSIVE buy wall at 7950. I haven' t seen such a large buy wall in quite some time, so take solice in this fact that this bad boy is shooting upward within the next few hours. Factors on the 1 hour.... 1. MASSIVE Buy Wall at...

CryptoAccountBuilders

A breakout of an ascending triangle should occur in the next few hours. Keep a close eye out!

CryptoAccountBuilders Updated 

Bull flag has formed and 1,2,3,and 4 hour Stochastic is low. Only one way to go.......UP!

CryptoAccountBuilders

A little glimmer of hope for us BCH hodlers. A little light at the end of this dark and gloomy tunnel. First huge spike we've seen in awhile from BCH, while BTC corrects after a 5th wave. TA tells us, that the chances of a 6th or 7th wave will exponentially decrease. The odds could put us in favor of a BCH turnaround, however I'm not relying on anything until...

CryptoAccountBuilders

So we have some great (and simple) indicators here... 1. BTC is starting to drop from an all time high (8470 - 2nd line graph comparison above BCH) 2. BCH has formed another right wedge and has been consolidating for most of the day. This happened 3 days ago (right wedge breakout) to bring BCH back to a bull run which we all enjoyed over the last few days. 3....

CryptoAccountBuilders Updated 

Bitcoin Cash has been very stagnant over the last couple days (boring). Here's to hoping that something meaningful comes out of this right angle wedge.

CryptoAccountBuilders

Where it stops.....nobody knows

CryptoAccountBuilders

Descending wedge breaks in favor of the bulls. Other indicators show bullish trend.