CapMoore

CapMoore

Support @ 1180-1230 @ 1065 @ 950 Resistance @ 1430 @ 1500-1530 & Cloud @ 1750 Trend: Bearish Candles: Bullish Hammer Triggered on Daily tf

CapMoore

On the daily timeframe we see how price has come back to retest the broken trendline/Triangle pattern from below after putting in a Hammer by the support and SMA200. Bulls would like to see price establish itself above the 9400 level marked by the 61,8 Fib retracement. If it does, the next natural destination would be the 50% Fib at 11400. Above that is the yet...

CapMoore

Price has bounced off the Daily SMA200 and is now facing strong confluence resistance on the H4 chart. Bulls would like to see price cut through this level and close above 220, which would be a good bullish sign. Normally, price would pull back at this resistance on a first test before trying to breach it again. If price fails to get back up after a pullback, we...

CapMoore

Price tested the lower Cloud and the Monthly S1 at 750 and has since bounced and closed above the Cloud. The strong recovery from the sharp sell off without closing inside the Cloud, is a sign of buying power and market confidence from bulls. It would be natural to see more gains from here as price takes out the different resistance levels. The upper Pitchfork...

CapMoore

Support: Weekly S3/previous highs @0.13 Weekly S4 @ 0.123 Monthly S1 @ 0.119 Resistance: S/R /Weekly S2 @ 0.136 Previous support/Weekly S1/Daily R1 @ 0.142 Weekly pp/S/R @ 0.149 Trend: Bearish (Ich) Divergence: Bullish Divergence H4 tf Candles: Bullish Hammer Daily tf untriggered

CapMoore

Support: Weekly S3 @0.80 Previous Support/Weekly S4 @ 0.65 Yearly S1 @ 0.50 Previous high May 17 @ 0.40 Resistance: S/R a@ 0.88 Previous support @ 1.07 Weekly S1/Daily R2 & S/R @ 1.15 Trendline (white line) Trend: Bearish (Ich/MACD) Candle stick patterns: Bullish Hammer (Daily tf, untriggered)

CapMoore Updated 

Yesterday price fell through the important confluence support level on daily timeframe around 9000. Currently it is probing lower after the critical trendline break. I have unearthed a smaller channel on the 4 hr chart were price is sitting at the bottom right now. Chances are we will see bearish continuation, wether sharp or slow, and the first target is the...

CapMoore Updated 

Support: Weekly S3 @ 0.80 Previous Support/Weekly S4 @ 0.65 Yearly S1 @ 0.50 Previous high @ 0.39 Resistance: S/R a@ 0.875 Weekly S1 & S/R @ 1.15 Trend: Bearish

CapMoore Updated 

Ethereum has come back to the long term trendline and has began giving in to the overall bearish crypto market sentiments. Still it has a much better position, should things turn around, as it is still trading above the Cloud and the previous swing low. If price crash through the trendline,we have the Cloud support at 850 and below that the 820 S/R level....

CapMoore

Price has moved down rapidly during the last hours and has now reached important support level, made up of the Weekly S2, the trendline going back to mid September and also the 5/8 fib retracement of the large bull wave up. If price cuts through this level and moves down towards the 8350 level, Weekly S3, we might see a flight reaction and a spike towards the...

CapMoore

The gradual depreciation seen during the last ten days has been a test for Bulls. Are there any signs that this slide will come to an halt? As of now on the daily timeframe, trend is bearish and price did retest the Cloud after it broke below it and has since moved lower. We also see how the 61,8 fib at 1.38 is an important resistance level that any bounce...

CapMoore

The pair found support by the Weekly S1 at 1010 in a way that shows that uptrend is intact. Bulls would only need to worry if S1 was taken out. Price is now back at the important 1150 level which right above the Weekly pp, which it tried to breach on Jan 28 but failed. If price takes out the previous top at 1239 chances are we will see a move to the Weekly R1...

CapMoore

Price failed to create upward momentum on the back of a Bullish MACD crossing and has fallen back towards the low from Jan 17 at 9222. Today has this far seen indecision which is shown as a doji candle (not closed). If we draw the fib levels from the beginning of the ascending trendline Sep 15 we see that price is trading just above the 61,8 fib support at 9410,...

CapMoore

Price broke above the 11800 resistance/range high two days ago but closed below it and has since fallen back towards the middle of the range. On H1 chart we see how price has tested the Daily S1 at 10830 which also mark the lower end of an ascending channel and Horizontal support. If this level holds support, chances are we will see a move to the daily pivot...

CapMoore

Price has come back to retest the resistance level that was broken Jan 28 and we currently see a bounce off the Weekly pivot point/Daily S1 confluence level at 1125. Next resistance in the intra day pivot point at 1185. Bulls would like to see a close above this level for a start. But as long as price trades above the trendline marked on the right chart the pair...

CapMoore

The pair has advanced during the last couple of days but still failed to close above the 11800 level, which is the upper band of its narrow range (red lines). The turn was visible on the hourly chart with price moving higher on bearish divergence along the trendline that finally broke and price came back down to the intraday support at 11300. The new Weekly...

CapMoore

All the higher timeframes are bullish and to find resistance beyond the trendlines (white lines) we have to look at the Monthly chart, were price has hit the upper band of the Cloud and was rejected there. Slightly above current high stands the new Yearly R1 and the descending trendline. It would be natural for price to target these levels before retracing som of...

CapMoore

Price has today taken out the important previous top by the support and resistance level around 11200. With this a higher low and higher high is in place. Next important resistance level is the Yearly R2 at 1275. Natural price action would see this level hit before a retest of the broken resistance at 11200. A MACD bullish cross is also brewing and likely by...