Seraphic

Seraphic

I posted a week or so ago about NEO. Time to revisit 12Hr We broke up above the cloud on the 12th of Feb, and have not closed within the cloud since: Bullish - We still have green skies ahead: Bullish - Chikou Span is above Price still: Bullish - Looking to close above Tenkan and Kijun: Bullish MoMo (Bottom Oscillator) The slow line is above, and failed...

Seraphic

12Hr Looking for a bullish close above the Tenkan. - If this happens I would definitely be looking to get in. - We first would like to see an equilibrium return of price to the Kijun (Black) which is the first place I would like to see price - CCI Need to break above the slow line and stay above. - MoMo Indicator is giving a strong buy, Slow line is starting...

Seraphic Updated 

This looks like a high probability trade. A lot of key ideas are in confluence across multiple time frames. But I definitely will be adding a stop loss. Daily - We see a massive wedge formation playing out. and a Strong level of Support/Resistance. If we can get a daily close above, this could bounce off of support and continue upwards. 12Hr - We've had a...

Seraphic

12Hr - So the pump for the BTT tokens is over, we topped out 960 and haven't really looked back since. - The price is just being suppressed by the Tenkan and the Kijin is coming down to meet it also. - We had the Bearish TK Cross and Bearish Kumo twist already and now we have failed to stay above the cloud. 3Hr - We can see where we held a relief rally, but...

Seraphic

AGI has been in a relentless Bull trend since October. We had a clear double top where AGI needed to cool off from so much upward momentum. (1450+ Range) 12Hr Looking good, have had a clear change in direction especially with the bounce on the blue trend line. We didnt crawl off of it, we had a Hard Bounce I'm bullish on the probability we make it into the...

Seraphic

$MANA Potentially the beggining of a trend reversal I waited for an official close on the 12 Hour before publishing this chart. 12Hr MANA has closed convincingly above the Kijin on the 12 Hour. The Tenkan is starting to curl up, if we can get a TK Cross this would help with bullish sentiment. The biggest hurdle will be 1039 which has acted as key...

Seraphic

LRC broke above 1500 then had a fairly bullish charge as soon as it did. This was significant Support/Resistance for more than a week. The good thing is we have broken this barrier and have come back down to retest it. For the short term time-frame it is holding. 12Hr Time frame We have the Fib Retracement tool showing a deep retracement to 0.786 The current 12...

Seraphic

ENG is doing well as it has maintained this trend for well over a week. Indicators suggest it needs a pull back with a Bear Div showing on the 12Hr RSI - It may break trend to consolidate for a little bit before pushing up again. I have done a Fib Extension with a chance of a 1:1 target of 12K which would be a nice earner. - I have ignored the massive wick...

Seraphic

We see that KMD never went below the "Golden Pocket" - This to me appears to be fairly bullish Going by a simple Fib Extension if we get a 1:1 we could see this move as high as 29,000 and beyond.

Seraphic

EW BTC BEAR

Seraphic Updated 

EW1

Seraphic

BTC

Seraphic Updated 

This is nothing new, I cannot claim this as my own, all the major traders trade this way. This is a strategy a lot of traders use. It is one of the most simple trading methods available. It is simple and effect, you dont have to risk everything to be successful either. You don't need any fancy indicators. I cannot express enough how important Stop-Losses...

Seraphic

My outlook is neutral. We have failed to make a continued bull run several times now. Yet we haven't failed to keep above 6K also. While I believe we should test sub 6K before we go up. Nothing is certain. In the short term I feel we will see a short squeeze before coming back down

Seraphic

IF BTC continues downwards from here and we remain in this long downward channel - these are some of the targets I am expecting. This link below shows the overall channel we're in: cdn.discordapp.com

Seraphic

So from my minimal knowledge on EW's... - **Guideline** Wave 2 finishes between the 50% 61.8% Fib (yellow box) - **Rule** Wave 2 is it will never retrace more than 99.99% of wave 1 (red box, *AKA:* ***Danger Zone!*** - *Thanks Archer*) - **Guildline:** If Wave 2 is sharp, then Wave 4 will be flat (and vice versa) Looking at the 4Hr, we could be very well near...

Seraphic

This resistance has been very strong... The 50MA hasn't been much help of late either... Supporting price, then failing, as well as the 100MA, support followed by failure... I think the 50MA will provide some support once more and set a higher low between 6590-6650 first. Conversely if we go up from where we are now, we still need to contend with the 100MA and...

Seraphic

So we are still very much in a bear market atm. The price is extremely volatile. We can blame whales or market manipulators and the like (there is some very inorganic movements on BTC) - But never the less, it is still chartable... For now we still reside inside of a weak-trending bull channel for the most part. This is -not- the bottom/end for the downfall of...