Alex-al-Citadel

Alex-al-Citadel Updated 

No financial advice - just my ideas. I often hear in the chat "omg what does EOS do" on some pumps - people often forget the overall picture. I want to share my simple chart that I made at the green horizontal line (check in the chat history) - took around 15mins. There never was real strength in this chart. Make up your own mind. McGinley Dynamic never really...

Alex-al-Citadel Updated 

No financial advice - just my thoughts. Left side: 1. First the one that I think is the one with lower probability at (1) - that would be the result of a diamond reversal (in purple). 2. Then we could have a bearish flag or rising broadening wedge (you could also see a inverted cup with flag handle) wich would imply a breakdown of 8200. Right side:...

Alex-al-Citadel

This is no financial advice just my opinion. So after this push volume decreases. OBV and RSI are not following the price but show stagnation. I think it is possible that we will see another push to 84ish but then I expect a relatively sharp drop. I will post more about the expectations I have for the lower areas as soon as I know how this develops. But retest...

Alex-al-Citadel Updated 

This is no financial advice. Make up your own mind. Just my ideas. Volume is completely wrong. If you look the other way round and think about wash trading and pushing price to sell into it - the price action actually makes more sense. If you look how many patterns you only get in extremes and how often we get them in BTC the last 4 weeks...

Alex-al-Citadel

I tried to annotate the charts so you can understand how I think about the situation. If you have questions, ask. This is no financial advice. You have to make your own decisions.

Alex-al-Citadel

No Financial advice.

Alex-al-Citadel

No financial advice. This is where we are at the moment I think. Only trade that if you are sure what you are doing. We have to see where the next clear down reversal happens. From that moment I would short down and take a percentage of the profits at each upswing. Stop losses would be placed at the new high. Difficult to lower them during that process cause...

Alex-al-Citadel

Don`t have to say much. No trading advice.

Alex-al-Citadel

This is no financial advice. Today I expect the Bear-Flag which forms the handle of the inverted cup and handle to break to the downside. And yes, the handle of inverted cup and handles do look like Bear-Flags. No much more to say. I don`t see indications to the upside.

Alex-al-Citadel

Just compare the flag poles of the big flag and the smaller inside flag from today. That will mark the landing area for today I think. Higher volume at the poles - lower at the bodies. Not much more to say at the moment. Direction is pretty clear.

Alex-al-Citadel

Short idea for documentation und education. No financial advice. This channel looks to weak for a break out to the top and would be a classic example of a consolidation before a drop. Notice how the pole would end near the next support levels. Fundamentals: If we assume that one or more whales try to sell around 10.000 - if they see that the recovery happening...

Alex-al-Citadel

I have to track this one. Rising green candle but still the pattern fits just "obviously"?

Alex-al-Citadel

Hi together, Unit: 1h The red lines are from my previous idea and the price roughly followed. After the huge drop I see a flag forming. I think it will break to the downside since the volume was high at the flag pole and goes lower now at the body of the flag. I don`t think we will go down as much as the pole length - at least not in one run. I think we will find...

Alex-al-Citadel Updated 

This is for educational purpose only. Many see the possibility of a inverse H&S so I won`t repeat that. Another possible pattern could be a double top. We have some bullish action but we also have low volume. The positive sentiment and the inverse H&S seem to motivate buyers. Though with the low volume the possibility is high that the momentum will not be strong...

Alex-al-Citadel

Volume just is against Bullish. We are on a level like short before the "crash" to 6000. Simply - that is not enough. Big H%S forming - low OBV, failed MACD crossing on 4h. But actually the missing volume is the key. You can`t win a fight without volume. Let me ask a question: Even if there would be a slight bullish strength - could you imagine a good strategy...

Alex-al-Citadel

The idea is clear I think. I can`t imagine that the previous supports are stronger than the last ones. Does not fit into the volume-development since 2016.

Alex-al-Citadel Updated 

What shall I say.. I just did not see it coming so early. I thought we might be testing this level in 20-30 hours from now.. Too many flags, too much down pressure to make a Hail Mary jump to higher levels. Although 5600ish is strong - if that velocity does not slow down fast - that support will be broken easily. That would be kind of sad. I like the market.

Alex-al-Citadel

I just published this idea - but I can`t see it. So I will post it again. Let`s see. Nothing to say other that it looks even weaker then the last tests of support. Volume isn`t playing out well either.