Posting this because i think the wider harmonic is valuable, a great volatile asset and basically early 11 to 10s buy zone, out at 9. Saying this because i do recognise some wycoff action at these bottoms, not plotted, but in exactly the same way as distribution, initial impulses can chuck out erratic upsides after consolidation and it works the same way in...
Seems obvious and whilst the MACD is traditionally used on charts, i suspect it works like an R rate,. but uses cases instead of transmission rates. If people get properly ill they get diagnosed. Timelines are drawn lower on the chart to highlight correlations between macd and action and to forecast lags in this outbreak. Some TA experiment, but i like it and...
Like this one. Puts a different perspective. I think there is reason to have faith on white support lines. The equiv of the 200daily MA is lurking in orange as another key reference point. Key thing i want to see is some drilling into those white support/resistance lines just like the blue example . The red amber green is not painted for buyers perspective, but...
Wild one this but previous completions means it may repeat, but im not a fan of this, because it happened before philsophy. And ratios are more of a gamble than USDT pairs, so beware. They do fluctuate more, but eth looks strong and no reason to think ratio doesnt swoop again. 1.618 theory round 4 i guess. .04 is a wider 23.6% upward retracement from previous...
Corn Wycoff. Painted as distribution, but 50/50 really on reaccumulation and posted because i think its pivotal what happens from here. Cyan line shows how a reaccumulation should look from hereonin with the trademark grind to above previous bottoms without retesting tops. No trade on this one, but does look decent wycoff overlay stuff, be interesting to see...
The 200 MA can be seen as possible sell area if this tanks to a 786 or 886. Nice R2R. Drew it yesterday with a 618 and yep it rose and rejected the 200MA area. Not worth betting on but confirming the top. Strong downward resistance from top in that area. Wicks taken off chart and microscopic corners cut to get a message across . I like it, especially as a short...
A good R2R here. 355 i think sells quickly to rebound if it hits from 300-320. 4hr looks bullish and longer frame i think shows lots of upside potential. Higher lows, in a bull market retrace. Scribble is just a scribble but where i think things hesitate, retest etc in a bullish scenario. 375 now, stop loss 355 for a longer term i think is a decent approach. for...
Defi, one to moon and gloom but when it looks this good why not. Lots of these farm defi going on coinbase so could be next in which case , likely to exceeed that high and R2R is pretty good now, but that is 1:20+ area.
Similar to previous, but slightly evolved. 200 Weekly MA is yellow line and think we kiss it at some stage. So 4.5-5.5 in play but will load in heavier at late 5s if the chance comes. But no surprise if history repeats and 200 weekly MA may be the bottom as it was 3.1k, so could end up very late 5's by the time it touches. Right now, daily looks like a reverse on...
Bullish div 4 hr, oversold, 88.6% retrace area. Not in but imho one to watch. Ok its XRP but doesnt look too shabby at all. SHort term one this i think but good for a 10-20% per month compound strategy. Daily doesnt look as good, but short term may be a nice one to look at over next few weeks. 22c on USD.
So had some order set at previous bottom hoping for a spring. Hit today , good R/R, burt ATL. But i like it. (especially cos im already 20% up). But may be useful for others especially if BTC goes down further. Looks like very strong support and wycoff esque things going on here.
TA wise looks like a good buy area. Perhaps we chuck out lower lows with bullish div on oscillators and wait for that. But this is hardly a crumbling company. It exceeded earnings in recent reports and is expanding rapidly. The distance from the MAs price wise looks particularly tasty and nearing the 618 area. Looks ripe for some upisdes from here in next few...
I do like this. Now slightly above 20 and 50 ma and when we see huge downsides and they cross, usually a good area for a punt. Lets see. I think we can test the pink line which is the dec 17 low which was broken recently and hoping for a BTC dump with good ratio gains which may or may niot result in $ gains. Not traditional TA but circled patterns may mean at...
Great fibs working well within the asc triangle, with classic 618 retracements signallling good buy areas. Interesting time cycle that shows regular up and down cycles. If hostory repeats, some sideways action in may, then an impulse up to test 200 and beyond on 24th May. Lets see. Not painted a bear scenario as this looks continually bullish. Bitfinex / tether...
Meme giggle but bull is in town and expect the serpent to rise. lmao.
6k BTC and retrace may ruin this , but pure TA looks pretty good.