


BTCookieMonster
EssentialMay not be ready just yet but the 60 HMA has flipped bullish (blue) on the 4H
Everything is in the chart...
Litecoin has been within an Ascending Broadening Wedge since its bottom in December of 2018, similar to my Etherium analysis, and is currently below the 60-Day Hull Moving Average on the Weekly... The Daily candle opened lower and below the 8- and 20-Day HMA... With the support of the 8- and 20-DHMA's on the 4Hour but below all HMA's on the 1Hour... The...
BTC dominance appears to be within a Bearish Pennant... This is my current count here... Also within a Rising Wedge... 5Day Bearish Divergence with Declining Volume at the top of the trend line... I expect BTC to decline in dominance within the Crypto Market cap within weeks if not days.
*Using Poloniex for historical data. Shorting can be done on other exchanges, Bitmex in the case of this analysis. ETH is within an Ascending Broadening Wedge for its overall history, currently having broken below the lower trend line with the Weekly 60-Day Hull Moving Average and the 175-Day HMA above it at $235. A cross of these two HMA's could occur within the...
Beyond Meat bubble is beginning its burst with Stochastic RSI, RSI, and Godmode showing a Double Top on the Daily with bearish crosses... Declining Volume within a Rising Wedge... Consecutive Hanging Man candles on the Daily... Short target is the major unfilled Gap on the Daily...
Google beginning to break down out of a rising wedge with diminishing Volume from its high point in 2005... We see a Diamond Top taking shape going back to late 2017... Also an M-Top or Double Top... The Weekly has been sideways along the 60-Day (blue) and 175-Day (orange) Hull Moving Averages... Same for the 14-Day Chart... Support levels to be aware...
Call me what you will, and you will, and I do not care- but you can't unsee this. _____________________________________________________________________ Declining volume since 2015... Tops on HTF's Closer look at the current Horn Top on a 2 Week chart Meeting resistance Broke down out of Ascending Wedge 5 Waves with correctives abiding by the rule of...
Bitcoin is currently moving within a potential Bullish Gartley on High Time Frames. I have been watching the price action on all time frames and one can notice that the corrective waves can be seen as harmonic patterns. The correctives that have been seen in this bull market have been Triangles, Flats, and Running Flats. For those of you that are familiar...
4 Hour Godmode/RSI/Stochastic RSI forming Bullish Divergences... Daily indicators all still in uptrend. Stochastic RSI RSI Godmode The #ProofOfKeys debacle has trapped a lot of people with slow exchange transactions delayed in confirmations. I expect people to FOMO when their funds are made available as I think Arthur and the Whales are going to...
Charting What I see. Updates to follow.
This Analysis coincides with the Bitcoin analysis I posted earlier today that is link below. Shorts are wedging to an apex with, what I count as an ABCDE Diagonal, representative of a Wave 4, with the current swing high being the 5th Wave, leading up to a reversal... Fibonacci Extension ratios align with this premise... And Wave 5 Wedging towards an...
*Some of the previous charts I am referring to have been posted on my twitter account and links will be in the comments below. The Trend-based Fibonacci Time Extension tool that I have plotted on my chart has been spot on with the next sequence beginning at the start of the next Weekly candle on December 10, 2018. Furthermore, on the Weekly, the Stochastic RSI...
Who ordered dinner?? 3 Black Crows brewing on the Daily and on the Weekly...
First adjustment to this chart in months
Seeing a lot saying sub 4800 may not happen but I think a look at the Weekly will show we have entered a severely bearish zone; Fib Time Zone has been on point thus far with next coming at 12/10/18...
It has been a while, so first I would like to thank you for reading this post. As always, I welcome any positive constructive comments and points of view I may have missed. To be clear I am bearish mid-term (4-6 months), and bullish long-term (+1 year) on Bitcoin...and I have been quite bearish for a while. Earlier today I was working on some quick TA for a...