ralis24

ralis24

Heads up! If price breaks through and holds over the resistance line at approximately 12,200 we could see a nice run higher. 13,200 would be the next logical stop.

ralis24

Keep an eye out for a break of either yellow lines on the existing triangle for an actionable trade in either direction. Note that the macd has given decent buy/sell signal confirmation ,

ralis24

Nice support at the 38.2% fib level. I dipped in on a partial buy there. Like this play for the longer term if the entire crypto market doesn't go belly up. One of the very few alt's that holds any interest. Spec play nonetheless.... stops just under the fib if you decide to long it.

ralis24

As you can see from the chart above The Fisher transform is very near or at a buy signal assuming the market structure will remain bullish in this time frame. As noted in a previous post this indicator does not violate the zero or equilibrium line in bull or bear markets. Any break and one can assume the current market structure has reversed to the opposite trend.

ralis24

IF the pattern continues...and that's a big IF ... then one can expect a rip to the upside lasting approximately 15 days and a gain of approximately 69% to 15961. Nothing is written on stone tablets so this is merely conjecture. Notice the dip of box 3 into box 2 was much larger than the dip of box 2 into box 1 as indicated by the horizontal purple lines. ...

ralis24

Looks like the math is working out as suggested previously. We have the ParabolicSAR flip combined with the bullish Fisher Transform crossover and the MACD histogram bar color shift. Sometimes (rarely) we get a small headfake, meaning price can dip a bit more before the full reversal takes hold, so caution is warranted. But if you are scaling in on dips, this...

ralis24

Primary resistance at $29.30 if broken should and will be bought. Upon breakage, secondary resistance at $34 becomes the target. Both levels will be reached in the short term. The high Fisher reading means price may consolidate for a bit before resistance is broken. Accumulation is positive and bullish on this play, making it a good candidate for a short,...

ralis24

Notice on the chart above the last 2 consolidation periods after a bitcoin rip were 22 and 26 days. Also note the Parabolic Sar indicator during those periods alternated 3 times. At the end of the 3rd flip another parabolic rip to the upside occurred. Extrapolating from this data we may be nearing the end of this consolidation period which could lead us to a...

ralis24

If you watch enough YouTube video on crypto's, you get a sense of the market's sentiment. Because of it's relatively small size and as yet unproven technology, and low or non-existent mass adoption, it's prone to bouts of mood swings like a bi-polar meth head. One only look to the charts for a sense of calm. It's all in the math. I had a professor in...

ralis24

Buying partial positions in BNB sub $32. I see this as at least a $50 coin in the short to medium term. One of the few crypto's with consistent High marks on the Accumulation/Distribution indicator as you can see on the chart above. I know I am repeating myself to my subscribers but please check the Accumulation/Distribution indicator on any crypto you are...

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Daily chark looks near a buy signal as 2 out of 3 indicators have just signaled a bullish reversal. Note the Fisher Transform cross (under the -2 line) and the Macd histogram bar color shift. Just waiting on the ParSar to flip for confirmation. I also like the 8 day ema and the 24 day ema squeezing back together. As long as those ema's do not perform a bearish...

ralis24

4 hr chart trendline break possible soon. We just got a bullish ParSar flip combined with a Fisher Transform bullish crossover and the MACD is right at the zero line. However we are in a solid sideways consolidation channel so the signals don't hold the weight they usually do in confirmed up or down trends. If the trendine breaks on decent volume look for a run...

ralis24

Range break on ok volume. Could lead the market higher if momentum persists....or could be a head fake. Keep an eye on her..

ralis24

Partial buy on the Fisher Transform dip. Combined with the ParSar and MACD bar color shift, a decent buying op is presented. Stops set just under $29.

ralis24

If you are trading in the daily time frame you will note that price is channel bound consolidating its gains from the recent parabolic rip. Very similar to the price action after the run-up mid May. If the pattern remains we can expect price to remain between 10k on the low end to 12500 on the high end give or take 100 points throughout July. I place the pivot...

ralis24

I posted the weekly chart above back on November 13th, 2018 just before rip down to 3k. I foretold 2 possibilities.... Scenario A which was a spike down to just under 3k followed by a reversal, as institutional fomo caught on, to 17k by September 2019. Scenario B was a more moderate rise following the late bear market peaks. Both Scenario's followed...

ralis24

4 hour system buy as ParSar has flipped combined with Fisher Transform bullish cross and MACD bar color shift. Stay long until signals reverse.

ralis24

4 hour chart just printed a buy signal as the ParabolicSar has flipped and the Fisher Transform has performed a bullish cross. The macd has also shifted to pink which also helps confirm the signal.