thegoodsamm

thegoodsamm

While trying to review daily chart for bulls strength on this current rally, found something amazing and interesting that is worth sharing and requires carefull attention. -Firstly, there was a failed micro H&S bottom in Jan,2018; -Right after that in April,2018 there was another micro H&S bottom, completed with target @ $10k+; this H&S bottom created a left...

thegoodsamm

As we all know that for the past few days $8300 has been the rejected price for BTC to move higher. With 3 different touches to the horizontal line the right angle broadening wedge (resistance), and two touches to the diagonal trend line (support). Only a clairvoyant eyes will see this ugly H&S bottom forming up on the chart, and while $8300 serves as the...

thegoodsamm

As we all know that for the past few days $8300 has been the rejected price for BTC to move higher. With 3 different touches to the horizontal line the right angle broadening wedge (resistance), and two touches to the diagonal trend line (support). Only a clairvoyant eyes will see this ugly H&S bottom forming up on the chart, and while $8300 serves as the...

thegoodsamm

After the sharp drop that hit NFLX, with a Double Top pattern. Double Top target has been achieved, exactly on the 4 hr trend line, and the trend line has been so good for price re-bounce after 2 different touches. So, this 3rd time touch won't be different.

thegoodsamm

LONGS should feel more comfortable, if price breaks RT4. First Pennant Target @ $8401 Second Pennant Target @ $8472 the last peak price

thegoodsamm

This is not an H&S until price retrace back to $8200 (Tenkan-Sen) to from a Head and bounce back to form a right shoulder @ $8406. Then the big sell pressure down to $7922 (Kinjun- Sen or edge of the cloud) which is the expected H&S target. Price will bounce back after H&S target is completed as there is always a price reversal at the end of this pattern. MACD...

thegoodsamm

BTC just broke the 6 months old strong bearish trend line with the new $8,000 price on 1 week chart. We have our next resistance in between $8731- $8800. Followed by the psychological resistance price of $10,000 MACD almost crossing up on Signal on 1 week as well, a very strong bullish indicator. The last cross over on 1 week chart was executed in 2016: 2 years...

thegoodsamm

Price broke out of the bullish rectangle and nearly test $7800 resistance price. We are burying this $7800 right now with the god's energy given volume . $7500-$7550 is the new bullish trend support, price looking up to $8100-$8200 as the new resistance.

thegoodsamm

Price broke out of the bullish rectangle and nearly test re $7800 resistance price. We are burying this $7800 right now with the god's energy given volume. $7500-$7550 is the new bullish trend support, price looking up to $8100-$8200 as the new resistance.

thegoodsamm

Looking to pick up BRD dip around the last wick test of March low of 48 the daily chart lowest price. Price already out of the bearish block. A bit of correction is still highly possible. 48 should mark the price reversal on this set up.

thegoodsamm

Expecting ARDR to consolidate a bit before making moving upward.

thegoodsamm Updated 

What if ADA is trying to replay March,2018 to June ,2018 market scenario one more time, with the Coinbase Addition? Just a food for thought, worth pondering on.

thegoodsamm

Wave 4 had a good bounce on " hammer" candlestick. Price may continue upward till $7500-$7550,based on weekend low volume and volatility. More volume will be needed to push above that block.

thegoodsamm Updated 

More of what was envisaged that will happen after the uptrend channel, from this July, 03 chart: is about playing out, time to pay close attention to the market as this may be the beginning of another downtrend. Also, take a look at how the diagonal trend line has been rejecting the upside movement in March,April and perhaps this month. If we fail to get $8k...

thegoodsamm

We have a bullish flag pattern on BTC right now, and this consolidation we continue ranging until there is a strong volume to push the bullish flag to the expected bullish flag target of $8100-$8200. Pattern already confirmed as the price left the green dot, Volume is needed to make this happen completely.

thegoodsamm Updated 

Don't blame me if this happen, blame it on huge inflow of money into BTC market right now. Chaikin Money Flow is indicating serious uptrend with aggressive buying volume . Except more shorts liquidation.

thegoodsamm

Strong bullish pattern in a bearish market. pattern already confirmed after breaking out of the neckline. Strong buy pressure may push up price to 2850-30000

thegoodsamm

Strong upward price movement start once, it leaves the ranging box and move to 2750