bonesca

bonesca Updated 

My previous post was before subwave 1 of what I believe is wave 3, but subwave 2 almost completely retraced it. Timing looks right to break out of subwave 2 and into subwave 3 of wave 3. RSI on hour already shows breakout. MACD has crossed. I think its a momentary drop back before price breaks out and we see a nice gain.

bonesca Updated 

BATBTC looks ready for the next leg. This setup is very similar to AIONBTC which I posted about last week and updated today. NANOBTC is leading this ALT market and AION followed, and now it appears BATBTC will follow as well based on this setup of a Classic Wave 1 into a bullish wedge Wave 2 ready for Wave 3 breakout.

bonesca Updated 

Been a while, been patiently waited. There have been some big "breakouts" lately. Remember that if something is $10, and it drops 50% in value, its then $5. If it goes up 50%, its only $7.50. This should be kept in mind when thinking about whether or not this breakout can keep going higher. Nano for instance keeps going up, because it has fallen so far down. So...

bonesca Updated 

Posting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . A number of coins already meet the parameters, including ONT VEN...

bonesca Updated 

Posting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . Coins already meet the parameters include ONT BNB and EOS. ZIL...

bonesca Updated 

I have mentioned ONT in my other posts as one that meets all the parameters for me to confidently buy in. 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . ONT has had a lot of positive sentiment lately and is scheduled to drop the Mainnet on June 30th. On top of that,...

bonesca Updated 

Like a game of Red Light - Green Light. Light is about to be Green, isn't it? Pattern of the bear trend since January. From the Top: 1. Drop below the 50 Day MA (Blue). 2. Bounce up (fake bottom) to test the 50 Day MA - drop lower. 3. Form triangle pattern 1 (fake bottom)- break lower. 4. Find true Bottom and form triangle pattern 2 - break up (price is...

bonesca Updated 

Posting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . Coins already meet the parameters include ONT VEN BNB and EOS....

bonesca Updated 

Day candle closed above the 9 day EMA (orange). This is a very strong indicator that has signaled trend reversal in the past. It will be crucial to see if the EMA acts as enough support to push Bitcoin through the FIb Resistance at 7800 which was tested recently. It could bounce back and forth between 7600 and 7800 for a day or so asthe gap closes and Bitcoin is...

bonesca Updated 

Posting about a series of Alt Coins that follow my relatively straightforward criteria these days for when Bitcoin is in a slide. The four parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI . 4. Positive trend in MacD . Coins already meet the parameters include VEN ONT BNB and EOS....

bonesca Updated 

Been following relatively straightforward criteria these days for Alt Coins when Bitcoin is in a slide. The three parameters are: 1. Above the 50 day MA (RED). 2. Above the 9 day EMA (Orange). 3. Above 50 RSI - Even better if Above 60 RSI. 4. Positive trend in MacD. This is one of few Alt Coins currently meeting all the parameters, along with ONT VEN EOS and...

bonesca Updated 

A little delay in posting: Looking at the entire chart the obvious pattern is a symmetrical triangle being in play. The bottom of this triangle was tested for the 3rd time on 5/10. This is an important pattern to take into account if debating placing a buy order at this time because it shows minimal risk is at play. Currently price is 1923 and the bottom of the...

bonesca Updated 

BTCUSD recently broke out of a symmertrical triangle and now things are lining up to complete a Inverse Head and Shoulders Pattern. My last post was a long call for an Adam and Eve pattern. If this Inverse Head and Shoulders pattern is completed, the breakout potential would push BTCUSD through the Adam and Eve "neckline." A lot of things are beginning to line up...

bonesca Updated 

ICXBTC looks to be completing an Adam and Eve Double Bottom Pattern. This is essentially a double bottom where the left valley is steep while the right valley is rounded. The only issue is that the right valley did not reach quite as low as the left valley. Completion of the pattern signifies a full reversal from the downtrend and projects an additional breakout...

bonesca

Long term call looking at the 1 Day Interval following completion of the previous Inverse Head and Shoulder Call/Breakout. Currently, BTC is sitting between the 100 day (yellow) and 200 day (red) Moving Averages. Short term, looking for BTC to break continue to find support on the 200 day and finally break through the 100 day which would result in a clear shot...

bonesca

Head and Shoulders Pattern looks to come to fruition. Mind the reversal and return to the original trendline.

bonesca

Obvious Head and Shoulders Reversal pattern close to fruition. Be mindful. If it is completed, then drawback to original trend.

bonesca

My Inverse H&S call a few days ago broke out initially but then fell back into the pattern. Welp, woke up this morning to find out that it tested the neckline for the second time, and this time it broke out in a big way! A $1,200 Breakout, through all relevant Moving Averages and all remaining trendlines of resistance. Officially, BTC has broken out of the massive...