Supernova_elite

Supernova_elite Updated 

Still waiting for this sweet short position; ETH in down-trend; now forming a rounded top which did not break previous top - its a weak signal. Price is below of MA 100,200. So, I looking for realisation of classic patterns soon. 1st target - 160$ - based on the length of pattern, 2nd - 140$ - based on previous impulse. Do not forget about Risk management!

Supernova_elite Updated 

Price formed wedge-continuation pattern, now in wedge we see rounded tops, which looking down, price is below MA 100,200; According the Fan principle we see 2 brokedown of supports, 3rd suppord=big wedge support, so if 3rd support will break - waiting for next falling impulse. Targets: 6200$

Supernova_elite Updated 

The last rising movement showed fake brokeout of flag resistance. Now BTC come back to flag support, and I waiting continuation of down movement. Classic target of Short position 5600-5500$.

Supernova_elite

XRP brokeout big wedge - continuation pattern, then brokeout small wedge where prices consolidated, price is above MA 100,200 - XRP continue rising trend. 1st. target - 0.60$; agressive target - 0.80$.

Supernova_elite

Ethereum is in down trend. 3 classic continuation patterns broken and price is below MA 100,200. Waiting for continuation of falling movement. Targets: 130-125$; 80$.

Supernova_elite

Now we have continuation pattern - flag (from 7400 to 6100) and yestarday BTC drop down under flag-support. Now BTC consolidating at small continuation pattern below support. So, waiting for continuation falling. 6000, 5400 - targets.

Supernova_elite

First weakness of this local trend. Brokeout of support on background divergence of price and Volume. Do not forget that overall trend is downtrend

Supernova_elite

Bullish trend on ETP from July.. I think ETP is overvalued. There is Strong volume Divergence, so, trend can reverse soon. It will be a great short.

Supernova_elite Updated 

As I told after breakout S.h - support horizontal I get bearish side. We see the standart TA pattern of continuation of down trend. Price consolidated in bearish wedge and started work from 61.8 Fibo lvl. retracement, brokeout wedge support by strong impulse. Waiting for continuation of descending movement. Targets - 5850 - 5200. Dont forget about SL!

Supernova_elite Updated 

1st. option: brokeout S-traingle support, and continuation falling; trgt=210. 2nd. option: brokeout R-traingle resist. + next resist. zone(320-330). Then I will think about bullish scenario.

Supernova_elite Updated 

Price consolidating in rising traingle pattern near R-resist. on background local rising trend, so waiting for continuation of rising movement. Breakout of R will be the signal. Targets - 7600 - 7800. Will do revision of local bullish scenario after breakout S.h. - support horizontal.

Supernova_elite Updated 

Local vision: brokethroug r1, r2 + f-fractal resist.(top of rounded form); all this action was from S-support and BTC formed increasing bottoms at the way - all this factors are bullish. So, waiting for continuation of local rising movement to 7200-7250 (1.272 Fibo lvl.) When price hit 6800 - need to revision of previous local bullish scenario.

Supernova_elite

I have many requests about EOS/BTC. "EOS on the bottom" they told. Ok, brokeout of r-resist. of small wedge + previous fractal looks like we have local rising trend. But! What the real potential of rise? On 1D chart we see very strong Resistance zone - X point - crosses of strong R + f1(fractal resist.) + dynamic resist. of MA 100,200. So, I think we may see...

Supernova_elite

Rounded Top looks like bull trap. Price come back below traingle pattern - bear signal. If price will hit 1st target - 6600-6700 zone - it will be next bear signal. On my previous Daily chart price reverse from strong support zone and shown bearish candle-pattern. BTC is weak now.

Supernova_elite Updated 

26.08 we saw weak candle which was rebought from Support zone. Then next candle changes previous conception about market weakness. But next trgt I see - X - point (7100). Because X is a heavy resistance: 0.5 lvl Fibo correction + R-resistance. For continue of rising scenario need price consolidating near X-point and then brokeout R-resist. In this situation I...

Supernova_elite

Now BTC gives strong bullish signals! Price brokeout of long-term traingle pattern with good volumes. BTC is above 100,200 MA. Good news fon. Waiting for continuation of up-ternd. We can see correction to 8000 or even 7500 but my opinion will change under 7000.

Supernova_elite Updated 

Brokeout of local trading range a-b with good volume. Need keep this lvl to continue rising movement.

Supernova_elite Updated 

We have 2 options for further movement: 1, Main - BTC consolidating near channel support after breakout will continue falling. 2 - price forming right shoulder of reversal pattern.