


Deftsuo
PremiumARK/BTC is currently within a daily ascending triangle pattern, and it has the 50 day moving average riding up alongside the rising line of support. Setup is looking pretty good overall, but the market is a bit jittery, so take that into consideration. Also, if anyone is feeling generous and would like to support me and my TA, I accept Bitcoin donations. Any...
AGI/BTC is currently consolidating on top of prior resistance at the .382 fib level (around 1240ish.) Also, it has the 50/100 day moving averages there as well acting as another layer of support. The S/R flip at 1240, the .382 fib level being at 1240, and the 50/100 day MA's acting as support lead me to think that AGI has a higher likelihood of going up then down....
RVN/BTC is currently consolidating on top of prior resistance around 1540, and if the trend continues, we should see another leg up. High risk play as RVN is basically parabolic at this point, but bullish FOMO in combination with a 14 month down trending market can be a perfect storm for these coins to continue moving higher. Use proper risk management and be...
NEO/BTC is currently consolidating under resistance (which is at 2400.) As it sits, we are trading above the 50/100/200 day moving averages, and we have tested that 2400 resistance level several times, so it should be getting weaker and weaker after each test. 2400 was a previously strong support zone, and we see it now acting as resistance. One can either take a...
POLY/BTC is currently consolidating on a prior resistance zone around 2850-2900, and this level has been a pretty important pivot point in the past. If we can continue to hold this level as support, then POLY might look to move up to higher levels. Beware of Bitcoin though as it may be making a decisive move sooner rather than later. This is a high risk trade, so...
ADA/BTC is currently consolidating on prior resistance around 1615, and so long as price can hold this level and consolidate, it might have more in the tank. Price is in a clear up-trend, so buying pull-backs has been effective, and this might be another one of those opportunities. High risk as Bitcoin could be making a decisive move soon. Also, if anyone wants to...
MTH/BTC just popped for over 60%, and I think there is a chance DOCK could be next given there similar price action and market structure. Time will tell. Bitcoin can always ruin the party, so keep that in mind. Also, if anyone wants to get a free stock from Robinhood, feel free to sign up using my referral link below. They also offer feeless cryptocurrency trading...
LINK/BTC is currently within a bullish pennant/triangle formation, and it could look to move higher. It is nearing the end of this triangle, and we could see it move with conviction whichever way it breaks. Given the prior trend is bullish, I lean toward this being a bullish continuation pattern. If Bitcoin decides to decisively move either way, it can ruin the...
XLM/BTC is currently within a falling wedge pattern on both the 4-hour price action and the 4-hour RSI. XLM/BTC is also approaching the .5 fib level which acted as support before it ran to ~2980. Setup looks good from what I can see as we have a falling wedge pattern heading right for a prior support zone, but Bitcoin can ruin the party if it decides to decisively...
LTC/USD has had a solid run up to ~$59, but the party might be rolling to a close as LTC/USD has daily bearish divergence and has double-topped with 2 wick rejections from $59 as it sits. LTC/USD has been leading the market for the last 2-3 months, and if it starts to pull-back we might see that impact flow over to Bitcoin and Ethereum. The .236 fib and the .382...
ETH/USD is entering into a tightening range as we have strong resistance at the 4-hour 100 MA and support from the 50/200 4-hour MA's. With that said, I am leaning bearish in part due to LTC (see my other post for context on this.) Going along with that, the current side-ways range looks a lot like distribution to me; and that could indicate an eventual drop/dump....
AMZN is finding resistance at the 50 week moving average, and could be set to test the 100/200 week moving averages going forward. Currently, price is holding near the 20 week moving average after finding several weeks of rejection from the 50 week moving average. If the 20 week moving average breaks, we could see AMZN come down to retest the 100 week moving...
I believe there is a very strong argument that the SPX has entered in the complacency phase of the Wall Street, "Psychology of a Market cycle". The SPX has been on a 10-year bull-run, and at this point, I really have my doubts with how much longer this can continue. Of course it is being propped up for a variety of things (stock buy-backs, plunge protection team,...
TSLA has had to go through a lot with all the news stories and FUD surrounding Elon Musk, and the stock price has suffered a bit. However, we are now sitting just above the 200 weekly moving average, and if if continues respecting this upward-sloping support (which is just below the 200 week moving average), TSLA has the potential to bounce up to higher levels. If...
SPY has been on a run since it tested its 200 weekly moving average back in December, but the rally may soon be over. This rally has been on declining volume (this basically means volume isn't confirming this rally, which indicates a bearish divergence, as the price is rising, but the volume is declining), and the weekly Stochastic appears to be preparing for a...
Netflix is currently breaking down from its rising wedge pattern, and it appears to be setting up to retest some of its daily moving averages. We have the 200 day moving average around 339, the 50 day moving average around 327, and the 100 day moving average around 313. Based on the measured move of the rising wedge, we could see Netflix come down to the 310-315...
AMB/BTC is currently sitting on a strong support zone around 1600 with daily bullish divergence on the RSI. If Bitcoin and crew can remain stable for a few days, I think AMB could pop pretty hard. Daily Stochastic might be preparing for a turn around to the upside, so I am watching for momentum to shift back to the buyers. Entry: 1600-1650 Target 1: 1800...
KNC/BTC is currently within a falling wedge pattern with daily bullish divergence showing on the RSI and Stochastic. I think we could see it break out pretty hard if Bitcoin and crew can remain stable for a few days. Daily Stochastic is looking to get a bullish cross-over, so we could see KNC run pretty hard if we get the upward momentum going. If we break out, I...