TradingNomadic

TradingNomadic Mar 2, 2022

We are back above critical resistance, and seem to have successfully backtested it as support. Historically the next move will be 12$, and possibly a return the .886 to complete the bearish back before we see a correction. Real nice bullish divergence here and bull flag type behavior.

TradingNomadic Updated  Mar 2, 2022

Real nice bullish gartley here on LUNA. Testing a critical inflection point here with a clear divergence in the RSI. As always itd be best to get a confirmation low, but if we can get a clean break above 54, we may not get another shot at the lows.

TradingNomadic Mar 1, 2022

Real nice bullish dragon here on SNX with bullish divergence at the 1.618 extension of the impulsive wave down. You really want to see it get back above local resistance here just under 6.00 if youre looking for the larger move. Historically thats where the big moves going to be. The bearish shark, and the dragon both would be looking for the .886 around 21-23$....

TradingNomadic Mar 1, 2022

Bullish divergence locally here, and on the daily on the 3 drives while breaking out of the Wedge. Looking for a retest of the local highs at the least. If we see a continuation, id look for about 1.90 above that or the .886 next.

TradingNomadic Feb 28, 2022

ONT testing the bottom of a large accumulation range on the weekly here at the 1.13. Super low risk here with massive upside potential. About a 400% return to the .886 of the potential Bearish Shark

TradingNomadic Feb 28, 2022

Type 2 return with bullish divergence on the smaller bullish shark but again, with many of these alt coins, the bigger picture here is going to be larger bearish Shark wave structure, where we would be looking for an .886 return eventuallly. Above .20 cents, we could see .40 cents pretty fast.

TradingNomadic Feb 28, 2022

Bullish divergence on the local double bottom will bring you to our first target here on Litecoin. Historically 226 would be next, but the bigger picture would be the harmonic wave structure. The Bearish Shark would bring you a little higher than this but respecting the .618 retracement here ive drawn this out as a cypher and would expect to see the .786 minimum....

TradingNomadic Feb 28, 2022

GBTC seems to be putting in a double bottom here on the 10D as it backtests the highs from 2018. Even an .886 would be nearing a 2x. A 1.618 extension would give you a nice Bearish Deep crab and the 2.0 extension would be the 100% measured move of the double bottom here. If we were to assume theres a chance GBTC can possible 3x from here on a macro basis, one...

TradingNomadic Feb 28, 2022

Price action above .75 cents here will historically take you to about 1.09. Nice Bullish shark and strong wave structure, however, i do think the bigger picture here is going to be 1.65, which will complete the larger Bearish Gartley Wave structure with a .786 minimum return. If we do get a rejection before making a new high, my analysis wont change, id look at...

TradingNomadic Feb 27, 2022

Bullish divergence at the .886 completing the Bullish Bat. Trying to hold above a critical level with a much higher low. Historically your first major target up is going to be about 5.00.

TradingNomadic Feb 27, 2022

Nice double bottom here with bullish divergence. Larger Bullish Butterfly with a type 2 return at a historical inflection zone. I'm a big fan of POW coins, and i think privacy coins will do as well considering the current climate and events around the world.

TradingNomadic Feb 27, 2022

Seeing these type of patterns across the board that really do support a much larger reversal across the market, and give strength to the argument in a Bullish continuation of the Bitcoin wave structures i've been posting about. While things are rather uncertain right now, theres always a chance we never get the follow thru, but its hard to argue with these charts....

TradingNomadic Feb 27, 2022

Nice Anti-Pattern here forming a double bottom, with a reaction low and Type-2 return. One could argue youve got a Dragon forming on this one locally as well. The first target there would be about 175 at the .886 of the Bearish Bat it will potentially create on the breakout.

TradingNomadic Feb 26, 2022

Real nice Bullish shark here on Monero. Reaction low, and confirmation low after hitting the 88.6% retracement with bullish divergence.

TradingNomadic Feb 26, 2022

Bullish divergence on both bottoms here on BNB, and youve also got bullish divergence locally. Bullish Dragon/Bearish Bat Wouldnt be wierd to see a confirmation low locally if we see some downside but setting up real nice here for a nice move up to the .886

TradingNomadic Updated  Feb 24, 2022

Should we hold our new lows here on Bitcoin, i would look at this as not only further validation of accumulation and a likely continuation of this bullish trend, but its also our smaller Bullish Bat formation completing giving us a Type 2 return on the Bullish Gartley. Ive got levels marked all the way up to 100k only because i do think these are valid levels...

TradingNomadic Updated  Feb 24, 2022

It looks like we are trying to put in a bottom at one of our targeted zones, at least for now. Not much of a bottom fisher myself, but this would be the .886 retracement of the entire move here, and the 1.13 extension of the shark. This is also confluent with the 1.618 extension on this most recent ABC corrective wave down inside of the larger impulsive 1.113...

TradingNomadic Updated  Feb 23, 2022

Bitcoin still respecting the lower trend here, and if we can confirm our low, id start looking for a continuation to our 48 and 51,500 target. Tough to find confidence in the markets with all of the outside antagonists to volatility, but im still bullish on a continuation here until we invalidate the wave structure. I have presented a few other confluences with...