bottlenekdolfin

bottlenekdolfin

We're sitting on a historic LTC support/resistance. We are also coming to the end of a falling wedge. I'm expecting a long term bullish for LTC. I'm not confident where we're going in the short term. If the support breaks we could break down pretty bad. Being in a falling wedge we'd expect a break upward, but it's going to follow the other cryptos. The other...

bottlenekdolfin

we still have some more to fall to hit the bottom of the wedge on ETH. We seem to be at the bottom for BTC. I'm seeing both line up for a December bullish breakout out of the descending wedges. Where bitcoin I'm seeing a bullish divergence I am not seeing that for ETH. Pure speculation, I'm expecting it to fall to 150 in the short term, then maybe a return to 165...

bottlenekdolfin

we may be starting a bullish divergence. I'm gonna watch the daily for the next day or two and possible open a long with a target at around 8000 mid November. The ichi cloud looks kinda heavy but the falling wedge isn't close to it. I'm seeing at 7000 on December 1st and then a bullish breakout.

bottlenekdolfin

Bearish divergence on the MFI on the 4 hour. I called for a short at .27 seeing a falling wedge and we might have broke that, but using horizontals I suspected that resistance at .3 would hold anyways. I'm seeing a fall from here to .25 on October 27th. I'd stop loss at .325, or even better I'd like to see a rise to .315 and a drop back to .3 and use it as...

bottlenekdolfin

ETH and BTC are not giving away that xrp is going to break this trend

bottlenekdolfin

ETH fell where my trend lines met. Not unexpected. Calling a falling wedge.

bottlenekdolfin

If I'm right that we're now in a descending wedge I'm expecting a turn bearish now. If you think differently it's still a terrible time to buy. You should have been in position at .23-.24ish. I would not be surprised if we even continued to .3 before we fall back into the wedge. Bitcoin still has a lot of room to grow to get to the top of it's channel but it...

bottlenekdolfin

Falling wedge, lots of time to chill. 6k Jan.

bottlenekdolfin

could go back to 9400, but we're bearish until we reach a lower low and a higher mfi

bottlenekdolfin

I see a bearish Divergence from June and two Bullish divergences. I'm expecting a falling wedge with bitcoin and xrp will likely follow, but I'm seeing better odds for growth on XRP. XRP's falling wedge is much shorter than Bitcoin's. Scalp until we finish the wedge and long. I'll keep up to date on what happens. Things can change. As it is I see this as the...

bottlenekdolfin

I called wrong and thought we'd hold support but in fact, we were in a descending triangle which breaks downward. if we look back to the last time the MFI was this low we can see we continued down until we had bullish divergence on the MFI. We could hold this bearish trendline for the future and hopefully form a descending wedge and break out bullish. We can wait...

bottlenekdolfin

I'm expecting a continuation of the bull market. MFI is getting very low, showing what appears to be a hidden bullish divergence. On a bearish perspective, you could argue that we are in a descending triangle. I do not see the oscillators agreeing but I would be careful.

bottlenekdolfin Updated 

ETH is getting high making a higher high, mfi is making a higher low. Be careful. If I had a long i'd close now. Good time to short. If we break trend you can close.

bottlenekdolfin

Possible reversal, waiting for confirmation on MFI. MFI has already diverged on 2-hour. I'm thinking we'll break trend this time.

bottlenekdolfin

Bullish divergence on MFI with higher lows and lower lows on the chart. Possible falling wedge pattern which breakout bullish. Good time to long.

bottlenekdolfin Updated 

I thought we had bearish divergence at the purple trend line and shorted, but since then we have broken that resistance and I've closed. I'm now bullish. We have the green, and then the red trend-line as support. I see no trend resistance until 12.7k. I've included the Ichimoku cloud as resistance. The lagging span on the Ichimoku has broken through the cloud on...

bottlenekdolfin Updated 

I was hesitant before with only a 2hour divergence downward and a larger 4-hour divergence upward, but now I'm seeing the bearish divergence on the 4-hour. I'm opening a short. I'm still bullish for October.

bottlenekdolfin

I'm seeing many oscillators having bearish divergence all the way to the 2-hour or 3-hour. We're way overbought. The earlier bullish divergence is much larger and seems to appear all the way on the 12 hour. Upper trend line is broke. I'm expecting either we get rejected back to 10.2k or we use the trend line for support.