cgh118

cgh118

This is a VERY long term outlook on the market. Shown is from pre-DotCom bubble. This is relationship of SPX to M2 money supply. There isn't a more straightforward relationship than this. People comparing the current market to the DotCom bubble are actually only halfway there in this respect. We might be disconnected from reality right now but in this figure its...

cgh118

BTC just made a pull back after almost retesting a head and shoulders neckline and not even making it there. ETHBTC however looks like it will be going to the downside if this head and shoulder plays out.

cgh118 Updated 

I am back into Crypto again. After a long bout in only trading stocks I feel I have honed in my TA a little more, simplified it and have been better at looking for patterns and letting them play out. $BTC is showing me something here that could give us our moon shot into the end of the year or early next year. I would love to see this Inverse Head and Shoulders...

cgh118 Updated 

We are now seeing a daily bullish divergence between price and RSI. RSI made a new higher low when the price created a new lower low. I see this as a temporary bottom and a modest recovery.

cgh118 Updated 

Looks like we are at a key point for LTCBTC with this higher low pattern from March '17 which was validated in December '18. Would be great to see a bounce here and have a new up-trend continuation start.

cgh118

I won't take credit for this. @carpenoctom on twitter found this gem. Right after the Kumo Twist LTC is out pacing ETH and is dead set on going up to that cloud line. Will be fun to see how this plays out.

cgh118

We have a lot of confluence to wrap our heads around in the next 24-48 hours. There is a Kumo twist on the horizon and it will sure to be tested. Today or tomorrow? Unsure, but today we are sitting right at the upper limits of the downward channel (logrithmic chart mode). Breaking out of that would be a big step toward the next daily candle starting tomorrow at...

cgh118 Updated 

Not yet in my estimation. Here are some things I need to see before this is confirmation for me and all this talk of BTC back on track isn't just exuberance. Here is a box I have had drawn for a while now for a resistance level that we have broken then fallen back through. Right now it hasn't been broken and the MFI hasn't charged above the line i have drawn...

cgh118 Updated 

So AST has been on my radar for a bit now. I noticed this downward trendline and have been watching it. We pierced it again today and it looks like it wants to let loose with a possible closing 4H candle above it. MFI is trending up as well as STOCH. I have a bag packed with this and ready to see what happens.

cgh118 Updated 

As you can see there is a desending wedge that is soon to come to a cross roads. I have been in ETHLend before and gosh I wish i got out on the highs. But here we are its showing some signs of maybe a breakout? Wedge coming, MFI about the descending trendline as well as RSI. Lets see what happens!

cgh118 Updated 

This is the next level of consolidation I found for our decent. This is my next buy zone. It sat in this level while market makers played around then it took off. Could see a jump when it enters here.

cgh118 Updated 

I am really liking the looks of the 4HR chart here. We just broke through the Ichi Cloud and the Tenken and Kijun are setup to where the Kijun Sen with cross the Tenken Sen above the cloud. This is a double bullish signal. I will be keeping an eye on this one!

cgh118 Updated 

We are at a cross roads right now. Everyone is salivating over this Reverse Head and Shoulders that has formed. We are right now in the part where it takes off confirming the pattern or turns into a bear trap. I am posting to show this trend line that we need to keep following. Lets hope this next test of $9k is a successful one! *crosses fingers*

cgh118 Updated 

This is my question right now before we start any significant uptrend. Do we break the 200EMA on the 1HR chart. Let watch and see today!

cgh118

ETHBTC sitting in a ichi cloud and when it pops out it could be big IMO.

cgh118

Find from Twitter. This is primed for a big breakout when it breaks the Ichimoku Cloud. This is a time tested method of finding breakouts. Get in and get ready for the ride.

cgh118

This is what I anticipate with Ripple's recent surge with Moneygram news. FOMO will be intense when more and more learn of it. XRP is popular so it will only be more intense.