Cris_Crypto

Cris_Crypto

Let's not overcomplicate things, the support levels are clear, the resistance levels are clear. A close beyond either throws the odds in the favor of the direction of the close greatly.

Cris_Crypto

As is previous bear markets the 200wma has acted as a support zone/general bottom for bear markets. On some occasions the 300wma has been wicked down to. A close above this (200) ma would dramatically increase the odds of the bottom already having been set a 17.5k.

Cris_Crypto

After a huge volume packed rally, we had a correction on EGLD, volume for the correction is far less than that for the bullish impulse leading me to believe this could be a standard ABC correction. Whatsmore is that the previous local high is lining up nearly perfectly with the .5 fib mark which is typical for an ABC correction.

Cris_Crypto

BTC looking good on all trending indicators, the count on the TD still gives us 3 possible weeks of upside in the short-term before any overbought conditions are realized, and the trend seems to be our friend for now. What isn't noted on this chart is also that the 21W ma and the 34W ma will be located around the 50-52k mark in the coming weeks which could be a...

Cris_Crypto

We are at an inflection point for the ETH/BTC pair and things are looking promising after support held in october. Two scenarios that are likely, and they both end with a .087 BTC ether in the near-term (zone taken from past relative high) Sit back and watch your portfolios fly

Cris_Crypto

Higher lows building since September with spikes in buy volume, and none to meet on the sell side. This descending slope will likely act as support as we begin to ride up. The stronger and longer the base the greater the jump

Cris_Crypto

So if you have every learnt literally anything about charting, you would know about supports and resistances.... Specially on these timeframes... This posts feels redundant but oh well, some people are up in arms... probably those that bought at 2k

Cris_Crypto

Wow was this a crazy bullish impulse. We are now finally coming back to RSI levels that can allow you to enter the markets without the incredible short term risk involved in buying while overbought. A bounce off of the 70 is very common for BTC during it's bull rallies and we are finally nearing that, now we just need to wait for the weekly candle close

Cris_Crypto

Yes BTC has made some higher lows on the hourly charts, and showed a strong support bounce off of the 20 day MA. But we must remember that a retest of the 20 MA is not off the charts, and still a plausibility. You must plan for all possible scenarios, that's what efficient traders do

Cris_Crypto

We know historically speaking that during bull runs BTC pulls back anywhere from 25-40%. So the fact of the matter is that we may have very well seen the local bottom at 30k. What's more is that the daily RSI has come back down into neutral waters and the 20 MA has proven to be our temporary support line. The next few days will be crucial for BTC and so long as...

Cris_Crypto

I have all major dips charted from the previous bull market using the 20 W MA as the support band, IF things were to play out how they did, which is a big if, then we would be seeing a 21-26k bitcoin in the coming weeks.

Cris_Crypto

Let's keep analysis simple. No fancy indicators or theories, just good old fib retracements and market structure. The bulls are tired, and have put in a long and hard months work. We have 3 levels to eye, the .786, .618 and the 20k mark. We know BTC corrections can vary from 15% dips to 50% craters, so let's set our buys dynamically proportional to the risk to...

Cris_Crypto

Bearish divergence on the 4H, a sustained 90+ RSI, and an over exuberant market sentiment. Bitcoin is like a watermelon that has rubber bands being wrapped around it with every passing day. Yes it could continue this trend, and even with increasing rubber bands placed around the watermelon, the watermelon may still hold its shape, but with every passing day the...

Cris_Crypto

Here on the 4h chart there has developed a bearish divergence on the RSI. Along with a weaker wave up in respects to buying volume. This suggests BTC will possibly fall down to the 20k range for a minor correction, but if broken would likely get closer to the 20 W MA (historic bull market support)

Cris_Crypto

Textbook breakout pattern again with substantial volume on the initial bullish impulse. Aside from the technicals, UNFI has several major news announcements in the coming weeks so it seems to be the perfect storm for a nice rally. With appropriate stop losses and entries this is an amazing R:R trade set up

Cris_Crypto

Bullish divergence spotted on the daily timeframe and lining up with a strong support line as well. Textbook setup

Cris_Crypto

XMR printing out a cup and handle formation on the USD charts, trade the breakout once we get a candle close on the daily or 4h above the psychological resistance level of the big even 150$. Fibonacci retracement suggest a bullish impulse to the 230$ area in the midterm

Cris_Crypto

Lower highs and higher lows, weakening sell side pressure after the initial bullish impulse. Fib retracement suggesting the next target to be 430