


This is a chart showing the buy/sell signals on my custom built indicator. The bull and bear indicate buy and sell.
VET looks like it wants to double bottom before a move back up. price and volume is dropping which is showing that the bottom is near before the reversal.
Bitcoin time to decide. Either we range or we run up to 11,000 or we just simply drop back to 9,000. Which way will we go? For now I am still bearish until key levels are broken!
This is an update to an analysis I posted on July 23rd. here on tradingview, before BTC broke under 10k. I have not touched anything on this chart at all! 100% genuine TA that just happens to be falling perfectly in line with BTC price movement. As the chart shows, I expect BTC to continue to drop until it hits my area of interest. For the original post, please...
ETH needs to break above the 55 EMA/ 50% level of the retrace from the local highs. If ETH can't get over this hump, then I see a drop back down to retest the .618 fib level around $190. Right now my long from yesterday will only be valid if ETH is able to break above this critical resistance. With BTC retesting the 9800-10k support, ETH looks more likely to fall...
Ethereum long opening at the 50%/ 55 EMA. Expect a move up to the 200 EMA/ next fib level. 15%er if full target is hit but will start taking profits around 10%. Looks like bitcoin is also making a move and the best bet here would be to long ETH. WILL ONLY TAKE IF 55 EMA IS BROKEN! Stops at $210
Here we have the 12 hour chart with the 55 EMA acting as resistance. 10k is showing to be a weak support, but a support nonetheless for now. We completed an ABC early on and are now in the Y wave. I expect the 200 EMA on the daily to be a target for a bottom of the Y. Nothing about Bitcoin is telling me that the bears are losing steam or that the bulls are taking...
The 12hr chart tells the tale. Support all the way up from 3k and now showing our first major signs of resistance. Bears want to hold this level. We have spiked up to the next fib up and our short at 11k should play out nicely as the bearish trend is in our favor. Volume decreasing as price is increasing is also very bearish. Looking at 55 EMA 1 day retest...
This is a sample of the Lotus indicator from November 2018 to July 2019. The buy and sells show you how well the Lotus has done.
It looks like this may be an ending 5th wave diagonal with an extended 5th that has a throw over top. Link has run over 600% since May and just like my LTC TA (did not publish), I see the same scenario playing out with Link. If we do get to my level of interest, i'll be a buyer!
The channel that was formed April 11th is still intact. Every test of the 55 EMA has seen a bounce. I do not believe that we will break the local high around 5425 on BTC/USDT. Currently I am neutral until the 55 EMA and current channel fails. Then I would expect the ABC correction to hit around 4800. If BTC is able to break the local highs, then that would...
My trade idea on the BTC/USDT chart. The idea is that BTC must hold the 55 EMA, 4hr or else I see it dropping to the 200 EMA/ 0.382 fib zone around 4800. If BTC is able to climb up to 5400, then this idea would be invalid. We should see over the next few days if this idea becomes a reality.