Orangutan19

Orangutan19

Eth testing the boundaries of this triangle. See all my trades in my Trading Journal for free at www.lucidtraders.com Eth has been dropping for days, I hope you guys have been taking advantage of these nice moves. Eth could pull back short term breaking out of this recent triangle and hit 160 again. If not we could be testing the recent low and see price fall as...

Orangutan19 Updated 

Eth squeezing through this triangle with tight EMAs coming together. OBV has been falling for a while and is also hitting a tight spot. See all my recent trades in my trading journal at www.lucidtraders.com where traders share all. I'm anticipating a strong move in either direction, though OBV is suggesting a Bearish move as we look at its recent trend. I'll be...

Orangutan19

Eth has pushed past recent support and dropped around 5%. we could see a trumpery pullback to resistance at 179 before continuing in the down trend to 160, if this trend continues. If you enjoy these charts please leave some feed back and give us some thumbs. Give my trading journal a view by visiting and registering free on Lucid Traders at...

Orangutan19

Watching price fall just after some OBV divergence, there has so far been clear price rejections on the current pullbacks with the OBV staying bearing, I would anticipate a continuation to around 177 ish where we have seen some stronger buying pressure, I will be waiting for a candle shoring some form of rejection around that price area and for at least he OBV to...

Orangutan19 Updated 

Eth is still being rejected off the previous trend line (blue) that we broke through a few days ago. Price may move closer to the orange trend line showing the downward trend we're in before anything exciting happens. On the OBV we are pushing through the support of the triangle that volume has been bouncing around in for a while so we may see price drop down to...

Orangutan19

BTC is making progress to the lower part of the larger triangle that price is bouncing in. Anticipating a pull up to around 7700 or even 8200 before possibly carrying on this downtrend I plan to monitor price action closely in these areas. The OBV is also getting tighter coming to the end of this triangle it has formed as price volume continues bearish. If your...

Orangutan19 Updated 

Previous Divergence on the OBV let Eth drop around 6%. Currently hitting similar divergence may see us do something similar. However we have just bounced of previous high candle volume support. Can ETH push past the 200 ema or will it be pushed down through support. We could drop to support at 170 or 165, if not we may reach high resistance at 188. Please leave a...

Orangutan19

I will be trading after this break from this triangle formation we seem to be coming to the end off. With many areas of resistance and heavy support all not to far away it would sensible (for me at least) to wait for this break to settle at its next level, either dropping to support around 7500-7400 or the resistance zone around 8400-8200. Will be interested to...

Orangutan19

A test publication, showing BTC moving up a possible rising wedge within the larger Bull Flag.