Homeless17

Homeless17

After a 5 wave down, looking for a bounce off support after to about 280-285 then continue back down

Homeless17

We could be hitting major support at $2.20-$2.25. If so, we should see at least a bounce to $2.50-$2.75

Homeless17

Crossroads for MGTI. It could go either way. Obviously right now it looks like its recovering and that MGTI is taking the purple stairs to follow the parallel blue trend line. However this could be a fake out and we could see the price test 2.75 again as early as tomorrow. If I had to guess I would say it is forming a new support base and will climb higher, but...

Homeless17

I don't know if it will obey the channel, we are in irrational times. It may charge higher so be cautious and look for the reversal. But standard trend behavior would indicate a pullback on profit taking and momentum exaggeration from other actors. If this is the case, I'd be looking for a bounce down to $65ish. idfk xD

Homeless17

Based of the chart, I am looking for MGTI to bounce down off the resistance. To retest the support levels around $2.50 or so. Keep an eye on the MACD , Starcastics, and RSI to see when/if it starts to turn

Homeless17

$LSK needs to break the 0.00145 resistance level to run higher. If it doesn't it will be rejected. If LSK is rejected it looks like it will either bounce back up off the 0.00135-0.0013 level to retest and maybe surpass 0.00145 or keep dropping down if the upward bounce fails. This is a short term chart.

Homeless17

Last time $VIA hit the bottom of the bollengers it had a 3 wave move up. Looking for a similar move, but in the lower trend wedge

Homeless17

If we see $DGB/BTC retest 400 satoshi I could see a breakout to potentially reach 550 Sat. If we breakdown below 300-275, I would be careful of any long positions. We could test as low as 100 sat in the near-term. It is important to note that we are still making lower lows, there has not been a reversal in the down trend as of yet.

Homeless17

Hard to tell direction given this BCH manip but it looks like we are getting to a pretty important moment. Either look for the bounce up or the breakdown below the pink trend line. Looks like a cup and handle forming but we won't know if its successful until after the fact. keep your eyes peeled Potential short term ranges 260-230

Homeless17

Seems to be a general trend based off the log scale. We are currently above the trend, but that doesn't mean we can't keep going to hit the 5k mark. In comparison to the previous breakout from 2013-2014, BTC price is barley over the trend channel. Today the trend line is at $1,300. But I think it is extremely unlikely to hit this level. If there is a drop in...

Homeless17

ETH seems to be at the top of the channel but there is strong momentum and we are in unprecedented times. I'm looking for ETH to test at least the 245 range but I will be careful to watch out for the momentum continuing upwards. In addition, if we trend sideways, I will be aware of the potential breakout

Homeless17

There is divergence between the dollar and the Dow Jones Industrial which began around the time of the presidential election. Pink trend lines are the DOW. The blue trend lines are the Dollar

Homeless17

similar chart to ETH/BTC

Homeless17

Maybe a move to 210 or under. before continuing the pattern

Homeless17

I wouldn't be surprised to see a cup and handle form on $ETH/USD as people take profits from the easy gain.

Homeless17

In the short term I'm looking for ETH to push to 225. From there it will either continue with momentum to 275+ or be rejected to test the bottom of the ascending triangle. If ETH doesn't bounce back up and breaks the bottom of the ascending triangle, it looks like it will test the 170 support.

Homeless17

I'm looking for it to retest $42 with its current momentum

Homeless17

Looking for $ETHBTC to bounce to the top of the channel/ascending triangle (blue). IF this is true, looking for either a breakout (blue) or a rejection (pink) to retest support levels.