CryptoTennille

CryptoTennille

The last few days BTC has been moving up! forming multiple bull flags on the 4hrly. if price can push through the supply zone 1, clearing previous market structure, we should see a further upwards move to the supply zone 2. potentially testing the 12k mark again. If price fails to clear the supply zone 1. I would expect a move back down to the demand zone. BTC/USD 4hr

CryptoTennille

These 3 charts indicate that price is usually fairly stagnant pre election. The historical data on these charts only go back to 2012 however the patterns are almost identical. Chart number 1 rallies to an all time high in 392 days, and chart 2 rallies to another all time high in 399 days. The blue vertical line is the date of election and the pink line shows...

CryptoTennille

Here is a very simple chart which shows that BTC still hasn't broken the overall uptrend on the daily, I have drawn an internal trend within the overall trend which has now broken. however price has bounced twice off the 38 on fibs. typically a bounce off the 38 is the strongest move of the fib levels, on this chart that isn't the case. IMO if we break below...

CryptoTennille

Following up from my Inverse head and shoulders posted on the 29th of July here we have the perfect breakout I have indicated on this chart a strong break through resistance, which has now become a strong support zone buyers pushed up and formed a double top and the price fell to $11500 however that strong support line pushed price back up so quickly that...

CryptoTennille

I noticed this H&S formation a few days ago and decided it needed to be published. although its not the perfect H&S, after I seen it I couldn't unseen it. The neckline on this lines up perfectly on that Resistance level. I have also marked on the chart a potential Bull flag, this forming bull flag has attempted to pierce through the supply zone twice already which...

CryptoTennille

Bitcoin has been rather boring in the past few weeks, just hanging around this consolidation zone. I have my eyes on this level off fibs, we have a bullish engulfing and now an indecision candle at the 38 I would like to see it test the supply zone and give us a decent break out of this consolidation zone Note : Supply zones are determined buy the last Green...

CryptoTennille

It seems the buyers are in control of XBT right now, after making a quick recovery from yesterdays drop. potentially forming yet another bull flag on the 4hr. I will be waiting for a close above the previous market structure before I make any moves. IMO I think we will see another test at resistance in the next few days. I will also be watching closely for a...

CryptoTennille

LTC is stuck in this consolidation zone and has been for 5 days now, i have an alert set just before the resistance line for a short. Take profit 1 set at the next level of 0.004609 then i will let the rest play out down to demand. Trend bias Bearish LTC/XBT 4hr

CryptoTennille

XBT has failed to break resistance 3 times now. overall trend still bullish however we are long over due for a pullback. I think we should see some new market structure here and perhaps a drop down to the demand zone. I will be watching closely for shorts XBT/USD 4hr

CryptoTennille

After a 17% drop over the weekend we now are back in a nice consolidation zone. this level is right on our 61.8 fib level, it also lines up with previous structure before we seen a move to 10k. Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up. I am seeing a lot of these candles in this zone...

CryptoTennille

XBT has created new market structure and we are back to the price level pre covid-19 There is strong resistance to break with an equally as strong supply block, the next supply level isn't as strong (due to only a small consolidation zone before it) meaning we could easily break though it. XBT is a no trade zone for me at this stage. I will be looking for shorts...

CryptoTennille

I am seeing signs of a retrace now. we have failed again to break through the supply zone, forming a double top. I think we will see a bounce around at the 1st demand zone before potentially breaking down to the second zone XBT 4hr

CryptoTennille

LTC has been in a downwards trend for quiet sometime now. I am currently watching this current demand block. if we break though it we should see a move down to the next demand zone or even a touch and bounce off it. that's when I will be looking for longs. no trade just yet. if we tweezer bottom off the support then I will be looking for longs after a break in...

CryptoTennille

a few minor changes from yesterdays chart, today we broke out of the consolidation zone in a bearish move but the bulls came back and stopped the price getting through the demand zone. also lines up with the 61.8 on fibs I am thinking we are going back up to try and break that resistance level once more. XBTUSD 4hr

CryptoTennille

XBT looking very indecisive as we move slowly through this current consolidation zone. I am waiting for a retest at resistance to see if we can create new market structure. XBT 4HR

CryptoTennille

still in the consolidation zone after the weekends drop. In my opinion we bounce around in this zone for a few days before we see another move Current direction is up however trend bias is still bearish. XBTUSD 4hr Let me know your thoughts

CryptoTennille

Short term short back down to the trend before we try to crack that supply zone again. Entry 7184 Target 6800 - 6750 Stop Loss 7291 XBT/USD 4hr

CryptoTennille

After a decent 20% move in the last 24hrs can we break this resistance and make it up to the supply zone? In my opinion this looks like a key level and could be a hard level to break. we could consolidate just below this resistance for a few days before a re-rest. ETH/USD 4hr