snowdrop194

snowdrop194

The Chart says it all.... Watch this space $IOC is undervalued and has unique features to be released very soon. If you understand blockchain you will be investing in IOC's future.

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Shorting Canada housing and oil, USD weak but CAD weaker.

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Silver made a significant trend line break, but speculator longs we too high to get the follow through needed. Savage two weeks shaking out weak hands sets up the next push higher.

snowdrop194 Updated 

Tgt 1 - 0.752 Tgt 2 - 0.735 Tgt 3 - 0.7075

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The Aussie closed the week taking out a key support around the 0.7603 level as well as two key trend line support levels off the 4h and daily charts. We are currently coming into a 4h demand level around .75 so a bounce around here is not out of the question. However, given the weekly close and weakness in the commodities markets following China cracking down on...

snowdrop194 Updated 

After the last explosive move IOC has been consolidating in the form of a bullish flag with two higher lows and two lower highs. With new technology features now in BETA testing, there is a chance this market will push higher when the new technology is released and the scale of this is fully understood. Ultimate target for next push is AB=CD 80k . Short term tgt...

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Gann 8x1 resistance tested multiple times a break and close above 1355 - LONG to 1385 Gann 1x1 support tested multiple times a break and close below 1333 - Short to 1310

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The PotCoin network is powered by Blockchain Technology . Marijuana merchants and users can use PotCoin to simplify payments, record business processes, and address security issues Technicals: Oversold , OBV divergence , 78.6 Fib support , bullish macd divergence . The cryptocurrency markets are alive and kicking. We post trade ideas for our...

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Total loss of trust in the Ethereum project development team, they have over promised and undelivered with rushed code which is now proving the foundations that this blockchain is based are turning to dust.

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I have been waiting for this pull back since noticing this RSI Divergence We pulled back to 78.6 Fib deep into a weekly ITC Institutional Order Block Trade entered on 4H Hammer. Tgt 1 50% Gann retracement Tgt 2 50% of previous consolidation Within Potential Bearish bat setup

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As you can see we made a double top at the 61.8 Fib. Confirmation of the double top came in at 1.1079. Trend is now firmly south to test the bottom of the range. Sold at OTE short zone based off Tuesdays range into LKZ. Tgt 1 - 1.0967 Tgt 2 - 1.0892 Also worth noting potential bullish bat forming right at weekly long term demand zone.

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Waiting to see is we get a reversal pattern in the coming sessions to validate the Harmonic Bat

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With the FOMC coming up I like to anticipate the trades and let the market dictate the direction. With that said here is what I am looking at for the upcoming month long term trade.

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Reasons for a trade: Bullish Bat Formation Bullish momentum divergence Oversold Trend line OTE trade location Descending wedge formation **Waiting for lower time frame confirmation in market structure**

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This is a setup brought to my attention by a trader in the Crypto Live Lounge by the name or Pop. 3 touches of the lower wedge are preferred, trade entered on a break above the wedge and tp target is top of the wedge. Thanks to Pop and my trading mentor CRInvestor www.therationalinvestor.co Follow me @Cryptoelite and subscribe to Crypto Newspaper - paper.li

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Weekly candle confirmed wedge break out.

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I think this chart really speaks for itself. Thanks goes to Chris Moody and Brian Beamish for the 'Vix Fix' and 'Willy' scripts.

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6h Chart - What's clear to me from a technical perspective is that a big bear AB=CD is currently working away. It's tgt is the old November 2013 Low. I have highlighted some other tgt's in case of further downside pressure: 1. 0.786 Fib retracement, If the bulls cannot keep BTC above $250 this has very bearish implications 2. Significant old high ($215) can act...