This chart is pretty fun to mess with. DYOR and enjoy the crazy roller coaster that is crypto.
Lots of resistance is noted arount that 365K sat range. Just a little reminder that sometimes the simple stuff is the most important. Still got a solid chance of breakout coming after some more accumulation, and with the airdrop on the way its even more likely with each resistance level touch. But all the while I can certainly say I've missed some chances at a...
An update to my last post on LBC. Looks like a massive bullflag is formed. That and a strong support has been verified. And Bullish Divergence is present. DYOR, this is for eduaction. GL out there.
There is a little bit of everything here from what I see. I'm in love with this chart because its literally a market cycle chart to a exact T. Volume is up, it may be down a little from the peak euphoria of the BTC run, but its still 5x the volume of the last pump. So far the fractals are strikingly similar. Bullish Div predated the last spike. Off of the second...
BTC found a strong bounce overnight at 6K and has quickly popped back to 7K with really nice volume. Many weak hands cried out in agony. For my own personal use I have doubled down on $BTC, $STRAT, $LBC, $ETC (coinbase was fast today with all the BTC they must have been hodling from the recent sales) DYOR and get a good entry. This is all for education and...
Not much to see here, an impressive run, but im looking for the next place to get in, and taking a look at this you may be able to find a future entry level.
Didnt respect the 150 EMA for the first time in 2 years, but its found support on a channel thats been forming for a while. BTC doesnt usually stay this oversold long.
Tons of similarities about this current fractal LBC is forming right now. Both formed very shortly after exiting the 1D cloud RSI beginning prior fractal =67, RSI beginning current=71 Ending RSI of prior fratal before pump =41.97, Current fractal RSI =42.92 As long as we don't break down below the support line and retest the cloud this one should be good for a...
Just for show, take the info as you will. BTC hasn't closed below 150 EMA since 10-12-15 RSI is very low, actually any time its been this low has produced good results on buy orders. However if we see the support levels not get respected, the 150EMA not get respected with a close below this level it could get ugly very quickly. Not advise, DYOR, GL out there.
$ETC is still on track to pull off a moonshot. It has stayed very stable in the last few days of FUD despite the market overall taking a very large hit. Here are the main indicators that I believe to give huge bullish sentiment around this coin. RSI on the daily has found a sharp uptrend. With that in mind, its also quite impressive that both the 4H and 1D Stoch...
Its a bullflag, stop drawing H&S, and Elliot waves that are poorly done... Everyone saying "I'm ready to buy the next dip down"... no you weren't the sentiment on Wednesday ranged from scared shitless to super scared shitless, we all saw what was being said on here and around the internet/twitter. Might be time for a good solid look in the mirror for most traders...
Not advise. Just a chart showing some things. Breakout of long consolidation period, entered the 1D cloud and has stayed in despite market pullback last few days. Huge huge huge volume spike, volume is 10x since the beginning of November. Combo this all with a fork coming on March 5th and its ready to move.
In retrospect, this fall from BTC certainly makes some sense. Hopefully its the start of an accumulation range at about 10K and alts can get to cooking. January in the past has been rough for BTC, -44% in 2015, -22% in 2016, -33% in 2017 and then now a huge pullback of 50% early in 2018, certainly something to note for the future. RSI is really oversold and the...
This is less of a $BTC chart and more of a state of the market chart. BTC is uncertian, so its giving the alts some uncertainty, in the short term. But with that uncertainty comes some nice little 5-10% pullbacks on most Altcoins across the board. I expect this to be a great time to load up on alt bags before we go into the coming months with many alts just...
LONGGGGGGGGGGG accumulation period. If you cant see it take 2 seconds to look at the chart on coinmarketcap and wow, its rode .05 BTC for forever. Now its trending towards oversold over the last month on RSI, HUGE volume uptick, cmc has it at about 10x volume since its last little move up. Not advise, DYOR
Lots of mixed feelings about BTC right now. Someone will yell short, the next will yell buy. Here is why the polarized differences are presenting in the market right now. 1D chart will show you a nice clean slightly upwards moving channel, that seems to be supported highly by sitting on the 50 EMA and using it as a support. On the other hand we have this 60min...
Let me start with, I kinda hate H&S, they can be seen in everything if you look hard enough. But when they hit the 1D, you have my attention. And this one makes sense. New support line now correlates with 50 EMA. Meaning we have probably found a nice little shelf that BTC can use to accumulate. I am heavy into my alts currently, but will be looking to move my alt...