oh92

oh92 Updated 

As you all can tell BTC has been very bullish over the last 24 hours. Slowing pushing its way upward to the .618 fib. However, buying into the .618 fib level is rarely a good idea. This is because the .618 fib is often a retracement point for a trend and as you can see, BTC is struggling to break this level. This indicates that an harmonic ABCD pattern may be...

oh92 Updated 

Over the last couple days BTC has made a massive correction of up to $1000 on some exchanges. Browsing through my feed I have noticed a couple post of people calling the bottom, and so I feel obbligated to share with you my IF/THEN theory. Based on the chart above, BTC is on it's way to the $4440 mark. This is a possible turning point for BTC. Now, IF BTC...

oh92 Updated 

As we all know, ETH has had an extremely bullish over the last month with very little retracement. However based off TA, it appears that ETH may have hit its' "short term" top. I say this because a bearish wedge has formed at the top, and the RSI indicator is showing signs of divergence. This could mean that at least somewhat of a correction is likely. I say...

oh92 Updated 

Over the last month and a half BTC has been extremely bullish by placing new highs and by once again reaching the top of it's long term channel. This is a deciding point for BTC. There are multiple scenarios that could play out, here are a few that I believe are the most probable. Scenario 1: Many of us know that history tends to repeat itself, therefore BTC...

oh92 Updated 

Once again XMR has bounced off its long term trendline at $122. This indicates that we are still in a very bullish market and we will likely be test the previous high of $153 again. As long as we are able to close a candle above the 50% fib level, we should see a steady push of momentum to the first target of $143. This target is historical resistance level...

oh92 Updated 

Above I have listed the multiple stages of a trade. A lot of the time it starts with a great buy, which leads to a logical selling point. Rarely do people go through with this. Why? because humans are full of emotion, which a lot of the time will get the best of us. Even though that sell order should be placed, GREED takes over. We hold on just a while longer...

oh92 Updated 

It appears that ETH has formed a divergence line which could be an early indication of a reversal. As long as ETH fails to create a new high with the RSI indicator, we will likely see a correction. My short order will be placed at about $322; immediately after a break in the trendline. Final target is set at $292. Once we have a confirmation of reversal,...

oh92 Updated 

Ever since Ethereum hit its all time high of $409 back in early June, the market has been in what has seemed a never ending downward run. Just recently Ethereum has broken the final trendline which has been keeping it within the bearish market. In order for ETH to maintain itself above the bearish trendline, it must first break the previous short term high of...

oh92 Updated 

Since ETH's sudden surge up, it has formed a falling wedge . This could signal for a continuation if we have a break from the upside. IF ETH passes the green line on my chart I will initiate the long position, with a target of the top, long term trend line . Profit levels will be posted below if trade becomes active. IF ETH fails to keep the wedge formation...

oh92 Updated 

As you can see, it appears a falling wedge has formed throughout the day. This has created a possible long opportunity for us all here! or has it? If you If examine multiple exchanges, you will notice that not all exchanges are giving the same signal. As shown in the chart bellow it shows a possible descending triangle forming. If this is the case, we will...

oh92 Updated 

A bullish pennant has formed over the last week, giving us an excellent long opportunity. - Things to consider - Like stated above this is based strictly on TA. We could still possibly see a break towards the bottom. Here are my following reasons: According to my charts ETH is still in a BEAR market. So until we break this pennant things are not looking...

oh92 Updated 

For those of you following me in chat, ETH hit the predicted target of $210. This target sits right on a major trend line so this has become a major deciding factor for ETH. As long as ETH stays above the trendline this is an excellent long opportunity. I currently have two longs placed with my entries shown on the chart. Here are my targets: T1: $217 :: Placed...

oh92 Updated 

ETH has formed a rising wedge which IF it falls below, it would signal for a reversal. Watch very closely. What to do: IF ETH falls below the line at ~$115 ,wait for a full candle to close for confirmation. Entry should be around $212-213 I will post target levels if the short becomes active. Likely: IF ETH breaks below the wedge, we could see profits all the...

oh92

ETH has broken the major downward channel that it has been stuck in for weeks, it is currently sitting at the last major trendline that indicates complete reversal. Breaking this resistance would mean the bearish market has come to an end. However this line will hold a lot of resistance, meaning that a downward continuation is still possible. Like stated in the...

oh92

If ETH breaks the current Resistance Line we will likely see and upward movement to the $170 level. Be sure not to buy too early, it could just as easily follow the channel down. Be very cautious. I wish you all luck!

oh92 Updated 

ETH is still struggling to break the downward channel. We saw a good increase in volume today leaving many of us optimistic about the market. As long as ETH fails to break the channel, I have indicated several fib levels that will likely indicate support. Use these levels for your shorts/longs. Remember, even though this is a bearish market, we can still come...

oh92 Updated 

As long as the trendline continues expect some gains in the near future. I have placed some fib extension levels indicating good exit positions. Thanks and good luck to all!

oh92

According to the 1 day chart, ETH has yet to close below the .618 fib level. ** This indicates that there is still major support at $200, and with the current downtrend this level will likely be tested again. As long as the $200 level is held, prices will probably fluctuate into the mid $220's until the downward trend is broken. If the $200 level is broken, we...