TonyCryptano

TonyCryptano Updated 

thepatternsite.com Now we can see the great pattern with great risk/reward ration if to trade properly. Double top. Because we have huge negative volume, the pattern will probably perform well. But entering into short trade right now would be unwise because we can either to pull back to 10000, either to form a range. I think 200 sdma is important level so we...

TonyCryptano Updated 

thepatternsite.com A - 0.083010 B - 0.073218 A - B = 0.009782 Waiting for C D = A-B-C is our target. We have inverted cup with handle what indicate us that downtrend is not finished yet.

TonyCryptano Updated 

Trying to close under BB. Sitting on 200 sma and Fib 0.5 Res. Just because we are falling too fast, we need a little retracement.

TonyCryptano

If we hold 20 sma, we are bullish. If we break then...

TonyCryptano Updated 

We need a little retracement. Stoch oversold. Will look for entries at discount.

TonyCryptano Updated 

Ugly Cup with handle. Perfect retracement of the candle to of 0.5 Fibbs Will wait for break out to ride the swing!

TonyCryptano Updated 

Cyclical Iota. If compare ETH/BTC to IOTA/BTC, the first spike occurs when ETH/BTC is going up. But big spikes occur when ETH/BTC is going down. So when Eherium based alts will bleed, IMO, IOTA will be a good investment for future. I will load when IOTA bounce one of the pre-pump supports. This decision will be made based on Overall market conditions. Will post...

TonyCryptano Updated 

If bitcoin bounces properly and consolidates, ETH clone on my radar. Why everybody hates bcash but like Eclashic?

TonyCryptano Updated 

No volume, multiple bearish divergences on RSI. With tight stop loss

TonyCryptano

My thought - we are still in the bear market. And need healthy accumulation. Inverted cup with handle on ETH/BTC chart. Head and shoulders on ETH/USD

TonyCryptano

Cool stuff. Potential inverse Head and Shoulders, everything is about to moon, but... Let's take a look at the lower time frame. Ascending wedge is a bearish pattern but can lead to explosive upward moves. For me, this is the most unpredictable pattern. Both StochRSI failing to make HH. Price is sitting on strong resistance. RSI on 1D chart is also overbought...

TonyCryptano Updated 

The price broke through ascending wedge. I will look for reversal signals at 0.077 level. If volume catches up on reversal candles, RSI fails to make lower low and the price failed to close under BB, I will look for a long reentry in ETH and overall altcoin market.

TonyCryptano

4H RSI shows hidden bearish divergence. 4H Stochastic is fully oversold. Touching upper BB Whoever popped bitcoin is now facing high selling pressure. Price is constantly failing to close over the highest high of the leg in the yellow box. Whoever is selling, wants to sell higher, buy back even lower. We have already seen that bitcoin goes through rough...

TonyCryptano Updated 

In my opinion, Alt Bull depend fully on Ethetium. Though, if bitcoin goes bearish again, then we will see no Alt bull at all. So I will continuously be monitoring both. On bitcoin, we can observe two chart patterns, Head and Shoulder, and Inverted Wedge. 1. Right shoulder was uncompleted and we can see neckline doesn't hold. The short-term downtrend was stopped...

TonyCryptano Updated 

The potential bull flag can drive the price even higher. Happy trading!

TonyCryptano Updated 

Sitting on support and touching daily BB. BTC and ETH still weak. Need to wait.

TonyCryptano Updated 

ETC/USD chart can give us interesting targets for future. This weekly ETC/ETH and TD sequential can indicate us great upward potential even for longer-term trend. An interesting thing, 20/50 ma are about to cross. Very strong bullish signal. Lesson for future. 10-20 ema and 30 sma cross lead to explosive move. By the way, it touched 10 ema....

TonyCryptano Updated 

I have no doubt that this is falling wedge. OBV formed interesting Descending Triangle. There are multiple bullish divergence signals. Though MoneyFlow worked well in defining overbought/oversold areas, we still need confirmation from bitcoin and etherium. I believe in this project look for long-term entries