looks like ETH is breaking down... would anticipate a drop further to the $1400-$1240 area. have patience not trading advice tg
BTC has somewhat of a bear flag going on with a potential measures move down to $20k area. if we are able to get a daily close above $35k, i would say the bear flag idea is invalidated. be cautious not trading advice tg
Welp, weekly supports have not held so go to the next one. Looking at the $79-$69 area to fill some bags of litecoin. Any bounce between now and then is a dead cat in my opinion. stay safe and not trading advice
Looking for BTC to back test the break out of the flag pattern... some would say this is a bear flag but i tend to look at this flag pattern as neutral and for price to follow the breakout direction. would expect a test of the $37,700 - $37,400 area before progressing upwards towards $45k not trading advice tg
ADA looks to be forming a rising wedge with decreasing volume. I'm looking for a breakdown to the first support area of $1.10-$1.04, if that should fail, next support area would be $0.94-$0.84; additionally, ADA can't get a daily close above resistance, $1.65. rising wedges are one of the worst performing chart patterns so there is a chance price could break...
on the shorter timeframe chart, it looks like DOGE is trying to create a diamond bottom... or it could be a continuation to the downside. we break up, look for resistance at $0.36 really have no idea where we go from here but in any case, have patience not trading advice tg
another crypto chart that looks trash and is trying to find support. looking at the $0.95 area for a bounce upwards be smart, have patience, and this is not trading advice tg
don't get fooled here, and by God, have some patience... i can see a slight rise in price to get some suckers to buy and believe that was the bottom, but my opinion is we get more downside... need a close above $41k for me to be a buyer, anything lower is chop and will shake you out be safe, have patience, and not trading advice tg
yesterday i posted a bearish DOGE chart as it appears there's a head and shoulders top being completed. one thing to note is the trendline... this is the third test of this important trendline. typically, trendlines are good for about three touches before giving out on the 4th, support/trendlines are only good for so long. i truly hope this trendline stays...
DOGE continues to follow the path of a head and shoulders top. Looking for a break down through support going all the way down to $0.0785-$0.0688. no daily support if we go below $0.25 until the next support area I just mentioned. anything can happen so have patience and see which way we go before jumping in. too much risk to jump in blind at this point not...
not much resistance on the weekly chart but for some reason, we're slowly moving up with little volume, which tells me we're in for a move down. furthermore, looking at the daily chart, it looks more like a bear flag than anything with a measured move down to $1,400-$1,250 (green box) important thing to do now is sit and wait to see what direction we move. too...
Bitcoin is creating a symmetrical triangle on the way down which leads me to believe there's some more downside. I've seen many charts calling this an adam & eve formation but I think the bears are in control right now and the symmetrical triangle and more downside is the play here. as always, have patience and stay safe not trading advice tg
Keeping an eye on an ADA fractal. ADA appears to be one of the more bullish charts out there in a time where the bears are trying to take control. stay cautious and have patience. not trading advice. tg
never expect the unexpected in crypto. this won't play out but can definitely see some sideways action for a little while longer before we move up. tg
LTC looks like it's trying to stabilize and move up after massive selloff. anything below $215 and we have a chance to go lower, get above $215 we have a shot at $260 area. Noticing somewhat of a bull flag on the four hour which leads me to believe we'll go up but I wouldn't count out another move down stay safe and have patience, no harm in sitting on the...
LTC forming an inverse H&S on the 4-hr, looking for a breakout of current area up to $368-$373 area.
DOGE is holding pretty well given the crypto environment at this time... looking like a little inverse H&S playing out similar to back in April. with DOGE being listed on Coinbase in the next 6-8 weeks, I'd expect a good pump before listing with a nice selloff once listed thought only, not trading advice tg
LTC and crypto continues the sell off, we need to finish $270 or higher to break the downside, if not, i'd expect $237-$226 area for next possible support stay safe and have patience tg