Andresa30

Andresa30

Analyzing the Russell 2000 (small caps) & the Down Jones (large caps), I saw two divergences were formed since the beginning of 2018. In early January 18', the Russell 2000 was making new highs, while the Dow Jones made a line of resistance. The first divergence took place at the end of the October 18', markets dropped heavily 27% and 18%, respectively. A new...

Andresa30

Two different patterns for XTZUSD AND BTCUSD. While XTZUSD appears to be in a broadening formation (WEEKLY CHART), BTCUSD appears to be in a descending channel pattern. I do not personally rely only in patterns, but I try to get a cluster of information. In the near term, in the XTZUSD demand has become more aggressive forming a declining wedge in a daily chart....

Andresa30

LONG XTZUSD . DAILY DECLINING WEDGE SHOWS THAT BUYERS ARE MORE EXCITED AT THIS PRICE LEVEL. VOLUME IS PICKING UP AND THAT IS A GOOD SIGN. I PICKED A MORE CONSERVATIVE TARGET, BUT PRICE COULD REACH NEW RESISTANCE LEVEL . MONTHLY UPTREND IS STILL INTACT (THE BLUE DOT LINE). CRYPTO TOTAL MARKET CAP EXCLUDE BTC JUST BROKE RESISTANCE LEVEL (CONFIRMATION) I'M IN....

Andresa30

LONG XTZUSD. DAILY DECLINING WEDGE SHOWS THAT BUYERS ARE MORE EXCITED AT THIS PRICE LEVEL. VOLUME IS PICKING UP AND THAT IS A GOOD SIGN. I PICKED A MORE CONSERVATIVE TARGET, BUT PRICE COULD REACH NEW RESISTANCE LEVEL. MONTHLY UPTREND IS STILL INTACT (THE BLUE DOT LINE). CRYPTO TOTAL MARKET CAP EXCLUDE BTC JUST BROKE RESISTANCE LEVEL (CONFIRMATION) I'M IN. WE WILL SEE

Andresa30

XLU is looking good. Demand is becoming more anxious (descending wedge). There is a weekly DZ between 48.50 and 49.50. Price may reach that level and then jump until 200 SMA that may act as a resistance. Volume does not show any signals yet. We will see.

Andresa30

Critical moment for XRPUSD. Price has made a new low last week, but it did not close below DZ. Price is currently in a monthly DZ. If price breaks and closes out below distal line, it might be the worst scenario for holders. However, RSI suggests that coin is relatively oversold, and it has been sideways since January 2018. The daily timeframe shows that 20 SMA...

Andresa30

Like to check higher timeframes. The higher the timeframe, the stronger are support and resistance levels. Blue Iines show that price has been sideways from August 18' to March 20'. My interpretation of this chart is that even though price broke support level in asymmetric triangle, volume did not follow breakout. In other words, it could be a false breakout....

Andresa30

CHECKING CRYPTO MARKET CAP. FOUND THIS POTENTIAL FLAG PATTERN (DAILY CHART). MARKET CAP. JUST HIT LOWER LINE IN THE PATTERN. Also, market Cap just hit DZ (MONTHLY). Target could 500B. in market cap. Lets see how players react in the following days. BTC halving is taking place in May.

Andresa30

Whoever got into these profitable trades I just can say congratulations. Both weekly DZ were broken. When price retrace, price found resistance in both DZ. DZ (support) acted as SZ (resistance).

Andresa30

This is the current situation of the SPY. In the last massive sell off, two rising wedges in daily and weekly time frames were broken. Price also broke out two weekly demand zones. When it touched the third one, price spiked all the way up to the prior demand zone. Price found resistance on it. This could mean that second demand zone will be a new supply zone....

Andresa30

Bearish on BTCUSD. See a support (Demand zone) in $5k level. Price may hit MA 50 (Weekly) and come all the way down to DZ.

Andresa30

Wait for price to touch demand zone. There is a clear DBR. It is forming another flag. Flags are bullish. See prior patterns on the weekly chart. First target $17.5 to $18. MA 200 (WEEKLY) could cross MA 50 (WEEKLY). If that happens, there is a more room to go up.

Andresa30

Fundamentals are not strong. Technically speaking, wait for price to reach Demand Zone 1 (Weekly) to go long. Potential Profit $4 Demand Zone 2 Weekly has been tested.

Andresa30

Support has been tested in a weekly chart. Waiting for confirmation to go long. Target is between $8.00 to $8.50. If uncertainty in the global market continues, gold miners are bullish.

Andresa30

I found an uptrend in my HTF (60 min.). I am going long. TARGET: 1.32983 ENTRY: 1.31374 STOP LOSS: 1.31173

Andresa30

My LTF SUPPLY is inside my HTF SUPPLY. I found a downtrend in my ITF (60 minutes). Going short on my LTF (15 minutes) stop loss: 1.16130 entry: 1.15919 target: 1.15685

Andresa30

Found a downtrend on my ITF (60 min), and I am going short in my LTF (15 min.) Stop loss: 0.74008 Entry: 0.73873 Target: 0.73004

Andresa30

Found a downtrend on my ITF (60 min.), and I am going short on my LTF (15 min.) Plus: LTF IS INSIDE HTF. Stop loss: 0.73942 Entry: 0.73873 Target: 0.73008