SPY sitting right on the 1.272 Fib, looks like we may consolidate before our next direction. Target to the upside 1.618. Downside targeting 30SMA.
Looking at the chart, the middle kelt has acted as resistance the last few days. Long wicks above the kelt, but closes below. Today looks like another close below with a test of the lower kelt looking imminent. If you zoom out to the weekly, LTC has dropped below the lower kelt, and that is now acting as resistance. I intend to scale in with a successful hold of...
Hey everyone, hope you all have had a good week of trading thus far. I just wanted to post what I am seeing in BTC at the moment. I am looking at the 4 hour. It hit my short term buy zone in the blue box, before making a lower high. BTC failed to hold the $11,000 mark, and I believe we are in for another pull back into the green box on my chart. Looking at the OBV...
What's up everyone, as I mentioned in my last post, I like LTC the most right now. It has shown the most strength since the bounce after the correction, and I think it is ready for a massive bull run. On the 4H notice the 2 tests of support at $188ish, and the third test it failed. I really thought earlier this week after the run-up toward $250, LTC was in for a...
This is my first of many opinions I will be posting on the cryptocurrency market. If you would like to skip to the analysis start at the next paragraph, because I want to give a brief introduction of myself. I am a 21 year old trader, who manages portfolios for the LLC I work for. We then use the profits to purchase real estate, or if we like our holdings we will...