chris-abc

chris-abc

Ok....formatyion looks like one of those cup handle type things. But probably more important is that its been making higher lows higher highs and the RSI is heading in to bullish territory across most time intervals up to 3 days. Also showing the chart on the inverase as sometimes it makes it easier to read Its actually pretty similar to my ltc idea that i...

chris-abc

Not alot to say about this really, rsi bullish on most time intervals, all just starting emerge from what I call the neutral zone. Not too much resistance above. Lets see if it plays out like this...will obviously be watching to see if things start to prove this wrong and will exit trade early accordingly, but right now of this moment this looks a real good ...

chris-abc

BITFINEX:BTCUSD Looks to me like we have a cup handle formation, this would fit in the steady upside of the 3 day RSI and also the 3 day channel drawn on the price chart. 3 Day moving average is now on the upside. So in conclusion i do expect a rise to 4500 on this next leg up. There is plenty to be wary of as i do not think it will take much to turn this...

chris-abc

BINANCE:TRXBTC Spotted a possible large elliot wav e in trxbtx, i always analyse with many about 12 time inte3rvals, sometimes more sometimes a bit less. So i can say this would fit nicely in with what the chart is doing on the 21min as much as it does fiot oin on the 134day chart. Not to say it will deffo happen but iots worth trading as if it is since the...

chris-abc

OANDA:NAS100USD Ok i know this may seem far fetchewd and i really arent normally a doom monger but many things point to this, one Brexit, 2, USA Trade war with China, 3 MASSIVE debt of developed countries, 4, governments have not been able to get themselves in a position where they have the tools to boost the economy since the world wide finicial crisis,...

chris-abc

Ok, hope we have all been enjoying the crypto volatility :) Ok so where next. I will will stick to just the3 bitmex coins since keeps it simple. Ok so out of those coins i can onl;y see that TRX is worth shorting and BCH and most likely ADA after the first correction btc makes. COINBASE:BCHBTC I have only done the chart for BCH, but as you can see rsi we make...

chris-abc

I think we may end up with a fprmation like this which will develop in to a increasing triagle which should create increasing volatility

chris-abc

Ok just a short one with the main reasons i think this is ready for a impulse up wave. Ok we are just bouncing off the moving averages i use for 3 day, stoch rsi bottoming, rsi in the bullish zone, when stoch rsi turns i think it shouyld produce a powerful impulse wave up I dont have time to go in to ew waves., or my own phase analysis but the reason i think...

chris-abc Updated 

Ok, for me Neo still may well fall back again but i think here would be a good risk reward scenario, against btc neo broke through the moving averages i use on the 144 minute interval, so it stands a good chance of good performance against BTC since NEO will usually move more violently in either direction than btc it leads me to think that any rises in BTC...

chris-abc Updated 

BITFINEX:XRPUSD First time we have seen it break above the Moving averages on the 3 day. Also looks likely that we may have finished or nearly finished wave 2 of a possible set of 5 EW waves. Also I do like XRP long term, mainly due to the big names it has behind it, if there are any doors needing to be opened then these people will be able to open them...

chris-abc Updated 

Linked to this idea is the previous ideas. On this little story of XRP i published a chart 19october to say i thought XRP was best bet long in crypto at that time. But yesterday i posted a idea that was stil a long but i was becoming wary of something. Well today i think i have now conviced myself this is high chance to happen so it has made me sell most of my...

chris-abc

BITFINEX:XRPBTC ]https://www.tradingview.com/x/hQGqX7he/ Just a quite idea. I dont normally post on ALT pair against btc but many people to trade XRPBTC pair so just thought i would do a quite idea. Pretty much same as my XRPUSD view. I think XRP is the only long I have much confidence in right now. Its the only alt to have cleared long term MA's that i use. But i...

chris-abc

Could EOS be about to break up like XRP has, for me it looks very well set to be the one that breaks up next, although trx is looking good too. Eos looks like it is about to break through all 3 day resistances that i use. So for me like i did with Xrp, it is just a case now of laddering my buy orders down for low risk high reward trade. BITFINEX:EOSUSD

chris-abc

Ok. Still on going with my development of my own TA method, i guess i should call it phase analysis since i work in phases instead of waves. Ok so i previously thought there would be 3 phases and a transition phase before changing to a bull market. Well looking at where we are now it looks very much like this is indeed the start of what would be a 4th phase,...

chris-abc

BITFINEX:BTCUSD Ok...some more odd TA from me. Quite simply i expect it to stay within the white lines. Entering phase 1 of a bull market

chris-abc

BITFINEX:BTCUSD I'll keep this short as its all been said in previous ideas which are linked here. We completed the double abc waves which i am pleased about as i felt we needed to have a double abc wave to have a 5 wave cycle up, obviously abc alone would then lead on to a 5 wave continuation. Anyway not out the woods yet but i beleive we have just completed...

chris-abc

If you like to day trade then a nice short chance to to btween 6100-6300 is on us . Related to my other ideasm, i belwive we are going to start a the second of a double ABC elliot wave, i think the A wave will take us down to 6120ish, but i personally will be taking profits from my short at 6300 and 6250. Then will wait and long again wonce we hit the bottm of...

chris-abc

BITFINEX:BTCUSD Just a quick update on my last idea as if or when it happens then it is good to be aware of what is going on as most trader who dont read my posts have no idea really what is going on. I am becoming convinced that we are going to see a double bbc wave inside this phase. Most of my TA is based on my own style of TA which i have developed using...