Smaller time frames look like we're ready to go up a little bit to around $6,800, but just as a short squeeze.
Still waiting to see if we go to $5,500-$5,200.
Wall street and institutions have set themselves up for a huge crypto boom.
1)We have the CBOE bitcoin ETF that has been said to have a 95%+ chance of getting approved by the SEC, which will be the...
It seems pretty likely that we're going to make new lows; the first indication is that we went sideways for a few days and just today broke below the low of the sideways movement. The next indication is that we're insanely close the the local low and it's pretty certain that it'll be broken.
This bleeding will continue until the SEC approves the CBOE bitcoin...
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Previous analysis /position: “Expecting sharp reversal to the downside if we cannot...
We have just made a lower low of $7657 since this move upwards with high selling volume and broken our February trend line (GREEN LINE) confirmed broken on lower TF which was working as support now turned resistance.
We have horizontal support at $7400 plus the 30 EMA on the D TF which has been significant throughout this last bullish uptrend.
Our TD buy setup...
CDW came across our td Monthly Equity screener this weekend.
CDW currently near ATHs and trading on a 9,13 for the Monthly timeframe.
Took short based on prior Daily 9 (see below) failing to close @ new Highs and confirmation divergence on RSI.
So we have a few things going on here that tell me we're going to have a pullback.
1) Looks like we've formed the left shoulder and the head, and that we're going to create a right shoulder. I don't think we'll close below $6,167.04 here on this chart, which if we did we would go down further to complete the pattern.
2) We have -div here on the 4 hour chart on...
Sadly, the pennant broke downwards and continued the downtrend for a total of 55 days as of now.
Now that the dust has settled we've built some nice strong +div on 3 day, and a little +div on daily. We've gone down into a falling wedge on seen on daily tf.
T D Sequential is still signalling bearish, but 3 day is showing a potential reversal in roughly a week,...
SP:SPX @ critical level on weekly chart while also flashing a Weekly TD ell Set Up.
If orange line (last top) fails to be taken out this week (weekly 9) then at least a short-term correction likely.
Daily chart below shows how a completed Sell Set-Up failed to take out the orange line so far this week with today on watch for a color flip to a red 1 on the...
With BTC falling for the past month and half we've seen alts absolutely slaughtered.
Although it can be risky, I like these times for beginning to build positions in some of the more mature, stable alt-coins that I like. Things I like looking for 1) 50%+ retraces against BTC 2) 80%+ retraces in fiat value 3) TDBuy Signals
NEO is @ the top of such a list and...
Would have liked to see a red 9 instead of a green 1 count. Lately, this has been happening especially on daily, 6 hour and 4 hour. I think it's because now that wall street is trading crypto, along with their bots it does crap like this to screw with people.
We reached the bottom of the pennant , so expecting a big up move anytime now. Want to see $8,700ish...
Things are starting to look bullish now that we've broken out of the falling wedge and we could confirm a T D Buy soon.
4 hour is showing some -divergence so we could get a retest of the $8,350ish range.
There's an obvious pennant forming, which is nice to swing trade inside of for some low risk profit.
The .786 Fib and a darvas box give us an exit target that coincides with the resistance of the pennant.
Depending on your risk level and or what kind of leverage you trade with, you could have entered a long once the candle closed as a green 1 count, or enter...
Linear scale has broken out of the wedge, but I expect price to meet strong resistance on log scale.
We still have massive +div on daily time frame.
Tom DeMark Sequential gave a buy on daily once the green 2 count broke the high of the green 1 count. Stop loss is below the green 1 count. Considering how close we are to resistance on log scale the risk vs....
Previous daily candle just closed above support, and with the 9 buy and the plus div we're looking at bitcoin gaining a nice 10% over the next week or so.
Fib and VPVR confirm where the next strong resistance is btwn $7566-$7756. We'll more than likely reverse around those levels depending on if we close above or below those levels.
The title pretty much explains what's going on on the chart.
We have +div on 2 of the 3 LB_sqz settings, and also some +div on the RSI, which isn't shown here.
The 9 buy is saying this is a potential bottom.
We have the potential to see $9,000+ bitcoin in the next couple weeks.
I hope everyone survived the insane mainstream media FUD + death cross last thursday!
4 hour is bearish with the bear flag, which if it plays out in full effect then it would take us to a double bottom. We can still bounce before making a double bottom, but it's very unlikely.
Weekly is obviously very bearish. As of now Tom DeMark Sequential has us on a red 1 count. But we have a whole week before it's set in stone. You have the bearish engulfing...
On almost every time frame we started building a lot of -div over a long period of time, and it finally caught up with the bulls.
I'm showing the next major support areas where it can bounce, along with some serious -div that I have been watching for about a week now. There's an obvious M pattern going on, and it hasn't even broken the neckline yet so that's why...
We got confirmation, and still have really big +div, but it's still a bear trend so use a stop loss like always.
Things are looking optimistic for now, wouldn't be surprised if we continued down though.
