ammypatt1987

ammypatt1987

If it holds then good or it could end up being double top

ammypatt1987 Updated 

Hello, We have Daily CME chart here, We saw BTC broke from the Ascending triangle pattern and reached the measured move target perfectly. Only thing was this target still fell just a bit short than where we have long unfulfilled gap on CME. For today and on next coming days, I am expecting BTC to put in some small retrace (Note: I am not expecting deeper...

ammypatt1987

Here we have DGB-BTC pair, this chart is still maintaining its Ascending triangle pattern. It did took big drop today after BTC moved above 10500, but it has not broken below the support.

ammypatt1987

ZIL is Tapping into the Long term support area. If BTC slows down then Zil can start moving up again.

ammypatt1987

Hello, Quick update for XRP. On Daily XRP is holding above the Trend Maker ribbon if it continues to do so the we can see XRP move to test 0.23 level. On 3D TF however XRP is still holding below the Trend Maker ribbon which is small sign for concern. Once the ribbon is broken there are 2 more resistance levels of up side @0.211 and @0.226 On Daily TF we see...

ammypatt1987

Hello All, RLC just hit the 3D SR and 3D order block. From here I am expecting a re-trace on it. My reasons are: Daily and 2D Shepherd: On both of this TFs we see Shepherd over extended with Daily showing bearish div. On 2D the indicator still has some more room to move up but it is getting into higher levels. And from its short history we see in past when...

ammypatt1987

Hello All, On weekly TF, BTC is still maintaining its bullish trend and managed to close 1st green candle after 4 red candles. It is still maintaining above the 21EMA (yellow line), and also managed to take out the high of previous candle. On weekly Stochs. We see them coming down pretty strong but this could also be a bullish re-set on this indicator. If they...

ammypatt1987

Link is in price discovery mode now, at this stage we don't have many tools to predict where price could go. But I wanted to share this 2 patterns with you guys. Fib extension and Pitchfork can give us some rough estimate of next top/target.

ammypatt1987

Hello All, Today I would like to get some larger TF charts on BTC and go through them. To start we now see BTC trading above the 21EMA on Daily, 2D, 3D, weekly and 2Weekly TF. This is a very bullish sign and could push BTC back to 10K level in coming days. This bullish momentum is also supported by the Daily Stochastics up cross and Daily RSI finding support...

ammypatt1987

Hello everyone, Today 23 June 2020, In this short update I wanted to show you guys a very interesting chart pattern on BTC Daily chart. To draw this pattern on your chart, you need to select a parallel channel tool, turn the strong magnet mode on, select the 3 key points from the daily candles as shown below This pattern had shown very nice confluence as a...

ammypatt1987

Good Morning @everyone; Today 17 June 2020, BTC once again continues to be in a sideways trading range from 9500-9260. There are some interesting chart patterns forming which I would like to highlight here, 1) Low TF Descending triangle: Here we have BTC 1hr chart and we can clearly make out a descending triangle pattern, this pattern is forming just below...

ammypatt1987

Hello everyone; Today 15 June 2020, Firstly, I would like to Thank TradingView team for featuring my last TA post in the weekly digest. I have put the link to that post below if you guys want to check it out. To explain that post in brief, I had mentioned that CME have support at 9560 which bulls should hold. If this support fails then we could see the SR flip...

ammypatt1987

Hello, Today 10 June 2020: BTC is still following its sideways movement so there is not a lot to write. To keep it short and simple; 1) I am still trading with my bullish bias as BTC on Daily is holding above all key MAs, we now have seen almost 5 touches on the Daily 21EMA which for a short term not a good sign as, ‘More times it is getting tested, weaker it...

ammypatt1987

Hello Guys, Today 5 June 2020, I saw some cautionary signs for bulls from the CME chart which I want to share here. Quick Note: I am not bearish on BTC as long as it is holding above the 21EMA Daily. 1) Weekly RSI pattern: On the weekly CME RSI chart I saw a trend line which has been acting as a support/resistance for almost a year now. At present we see...

ammypatt1987

Hello everyone; Today 4 June 2020, After a massive drop and one whole day of consolidation we still do not have clear trend direction. Price keep trading sideways awaiting another major breakout. From the Daily chart everything still looks good for bulls as; • BTC still holding above key MAs like 10SMA (red dots) and 21EMA (Yellow line), • RSI although...

ammypatt1987

Good Morning guys; We saw very nice up move in BTC taking it from 9500 to 10400. In this TA I would like to break it down step by step; 1) What Bulls are looking for? • Daily MAs: Looking at the daily chart, all the key MAs are now facing north with Daily Golden cross continuing its bullish momentum. BTC had held the Daily 21EMA very nicely, this is why I have...

ammypatt1987

Good Morning everyone; My yesterdays prediction for 9200 came true, in this one I want to show what could be next? Today 28 May 2020, BTC on the Daily chart is looking pretty interesting, there are lot of things happening here and I would like to take them one-by-one; 1) EMA setup: AS per the major MA setup BTC is looking bullish. It managed to take out the...

ammypatt1987

Hello everyone; Today 27 May 2020, BTC daily chart is looking good for bears, as BTC still maintaining below the 21EMA. However, the overall long-term trend is still to the upside as BTC trending above the 200SMA Daily. From the Daily BB, I am expecting a upside move today to test the Mid-line which is coming around 9200 area. BTC already tested the lower...