kirchnek

kirchnek Updated 

Long on crude!

kirchnek Updated 

Long NQ just triggered

kirchnek Updated 

Short just triggered... look out below!

kirchnek

Long just triggered on CL

kirchnek

BITFINEX:ETHUSD I believe we will have capitulation and could see $150 before the bottom is in. Most likely create a H&S bottom before the next bull leg starts.

kirchnek Updated 

BITFINEX:BTCUSD Inverse head and shoulders to the top of the wedge?

kirchnek

COINBASE:BTCUSD 1. We have bullish divergence with Bolinger Bands. We made a new low on the daily chart but we stayed inside the Bollinger Bands which sets up divergence for a bottom. 2. MACD is printing higher lows although we are making new lows on the daily chart. Take profits if you are short and nimble into longs. BITFINEX:BTCUSD Long for a test of...

kirchnek

COINBASE:BTCUSD Bull divergence with MACD making a higher high while BTC making a lower low. Looks like this will become a false breakout.

kirchnek

All eyes are on 4,900. I personally don't think it is possible but it is an open untested gap. BTCUSD

kirchnek Updated 

BITFINEX:BTCUSD We have a lot of interesting things going on right now so let's try and work through this: You are looking at the Daily $BTC chart. We had a beautiful leg up from the bulls which has now resulted in a triangle. - 50% chance we break above or below the triangle and 50% the breakout fails. - Location is great for the bears, so I...

kirchnek Updated 

If we break this parallel - get LOONNNGGG!! $btc

kirchnek Updated 

BTC is in a downtrend. The trend is your friend, therefore you should be short. BEAR CASE: - BTC is in downtrend, failed to make 200 MA (red line) support. Our short term target is $6,600 but we are at crucial support so be careful with shorts. BULL CASE - POTENTIAL for Adam & Eve bottom (hasn't formed yet) or "W" bottom. This is also a Harmonic pattern...

kirchnek

BEAR CASE : In a downtrend, lost the 200 MA, retest prior lows, looking for $6,900 first, if that doesn't hold look for $5,900. BULL CASE: : Potential for Adam and Eve bottom or "W" bottom. Harmonic XABCD pattern where our target would be $13,155 to $13,800. If you are to go long, I would wait for a break out on strength of buying, otherwise you should be short.