Yung_Crypt0

Yung_Crypt0

The bulls haven't really showed up after that intense selling, now we have a textbook bear pennant priting and I expect price to fall to the low 9k range.

Yung_Crypt0 Updated 

This pattern is bearish, and if it plays out price price will more than likely retest the previous low

Yung_Crypt0

After a few days of brutal selling we might finally be ready for some gains. Looks like we got a possible bull flag printing on the 30min chart that would take us to 10.8k if it plays out. Wait for confirmation above $10,254 to see if it's for real

Yung_Crypt0

Right now I see an asset that's trading in a descending wedge. These patterns have a higher probability to break to the upside so I'll be watching this coin closely. Wait for an upward move, that has bullish volume, before jumping in this one. If you want be safe you could take some profit at the pivot and wait to see what price is going to do.

Yung_Crypt0 Updated 

Right now, I see $BTC trading in a tight consolidation pattern, coiling up like a spring before it makes its next move. If this breakout is to the upside, than I expect price to test the high made late June. A downward break here and at a minimum we would retrace to 10.8k. If that fails to hold, than I expect lower lows to be made around the 8k range. But as of...

Yung_Crypt0

$ETH has been traveling in an ascending channel since the beginning on the year, and as of right now it looks like it's going to respect the boundaries of said channel. This assets, along with the whole crypto market, has experienced a TON of selling since the highs made in late June. But we couldn't defy gravity forever, and it should come as no surprise that...

Yung_Crypt0 Updated 

Since the run up late June, we've seen a month of consolidation as the market digest the move. I see $BTC trading in a descending channel, but more recently trading in a continuation triangle pattern. The triangle points to more downside, but until we start breaking down below $9400 I remain neutral as price could easily break upwards. The grey boxes indicated...

Yung_Crypt0 Updated 

If this downtrend is going to reverse $BTC needs to find some demand and push above the grey box, if that doesn't happen and buyers don't step in, sellers will. So as of right now the best course of action is probably to sit on the sidelines and wait. There should be some decent demand around the blue line, which also lines up with the ascending black trend line....

Yung_Crypt0

If you want to be caustious you can wait for a break/close above the .618 and ride the wave the .786 and either sell there or see if price breaks through and heads for the next supply zone at $3

Yung_Crypt0

Stellar has broke out of the patter and came close enough to the trend line for me to consider it a confirmation... this breakout could take us as high as .10 The stop could be a point under the trend line

Yung_Crypt0

Look for a breakout above the .786 fib and either sell whenever we reach the POC or wait and and see what happens with price! Set your S/L a point or two below 310 and your G2G... When I look at the higher time frames $BCH looks very oversold, as has most of the market, and we see lots of assets on critical supports so be on the lookout today. POTENTIAL

Yung_Crypt0 Updated 

The daily chart shows that we've been simply consolidating since the high made in June... This consolidation is like the coiling of a spring, and once the spring is ready it will breakout in dramatic fashion. Decline volume is also something you want to see in continuation patterns, and then looking at the momentum indicators, I see greener pastures ahead. So once...

Yung_Crypt0 Updated 

This promising project has been in a downtrend since the 29th of June, but the chart is starting to print a reversal pattern. If the pattern plays out it could take price to $3.64.

Yung_Crypt0

While the trend is undoubtedly bullish, $LTC has experienced some correction/consolidation over these last few days/weeks, but as we move closer to the halving event in August, demand for this assets will surely increase. I expect price to jump up the the EQ at around 1$46, which also is the previous high made on the 22nd... Once $LTC absorbs all the supply at...

Yung_Crypt0 Updated 

$BTC giving us some fireworks early; finally breaking above that channel! If this flag plays out, it could take us to 12.3k where we might consolidate/correct/blow right through to test resistance at 13.9k

Yung_Crypt0 Updated 

$BTC bounced off the bottom of the wedge right through a supply zone and then broke through the top of the wedge and is now consolidating between 11.1k - 11.4k. Also, notice how $BTC went back to test the top of the trend line, tested it as support, and bounced right off it confirming the break and also confirming the trend line as support. So if you want to enter...

Yung_Crypt0 Updated 

If its confirmed, I think we could move easily

Yung_Crypt0 Updated 

We've known that a correction is due for some time now. With this parabolic run up we can expect the same on the way down. If BTC closes the daily under 10.2k than I think we will head down to 9.5k before we find some decent demand. The grey box is the general area you can accumulate some for yourself. Taking a step back and looking at the weekly tf... Look...