Cryptonym_Real

Cryptonym_Real

Multiple Fibonacci retracements appear to show a 0.786 region history and current confluence. Will this region (which has remained valid in the past, even with 25% variance around the exact level) hold ?

Cryptonym_Real

Multiple Fibonacci retracements appear to show a 0.786 region history and current confluence. Will this region (which has remained valid in the past, even with 25% variance around the exact level) hold ?

Cryptonym_Real

Multiple Fibonacci retracements appear to show a 0.786 region history and current confluence. Will this region (which has remained valid in the past, even with 25% variance around the exact level) hold ?

Cryptonym_Real

This kind of just popped out to me when I was thinking about Fib retracements vs extensions. Anyways, the BTC fib retracement has us currently in the region of 0.786 of the last bull trend. This is the exact same fib value that the last bear trend bottomed out at relative to it's previous bull market. Last time it rubber banded around this level by around 10 -...

Cryptonym_Real

Will 6K hold? IMO this longs (blue) vs shorts (red) chart is ominous for the bulls. Longs are stacking, while shorts are being cautious. In the context of a) extremely low organic volume into the Crypto space, b) not enough shorts to fuel a short squeeze and c) plenty of longs to provide a stop loss cascade if 6000 breaks, this is the last chance saloon for the bulls.

Cryptonym_Real

Just some ideas

Cryptonym_Real

XMR pumping above resistance. Could be on news of upcoming hardfork

Cryptonym_Real

$WABI appears to be picking up steam

Cryptonym_Real

Likely head and shoulders pattern playing out, with possible bounce zones highlighted according to Fib retracement.

Cryptonym_Real

Could be attempting breakout. I'm still quite bearish on this since the spike was purely off the news of an airdrop which is now over and people will look to cash in soon. Also longs are at a high, which could create a stop loss breakdown

Cryptonym_Real

Another Altcoin that has broken out the side of the descending trend line recently and has had a few days above previous horizontal resistance

Cryptonym_Real

Holy crap.

Cryptonym_Real

Potential breakout of MANA from bearish downtrend through logarithmic overhead resistance. Important horizontal resistance level is 1295 sats.

Cryptonym_Real

Bitcoin logarithmic chart, with over head trend lines, lower level support lines, fibonacci overlays and an idea about how price action may evolve. Notice that the fibonacci levels have largely been respected on every dip and partial recovery since the December 2017 highs. We are now below the lowest Fib level, means that it's likely free fall down to $6000/$7000...

Cryptonym_Real

Double top pattern already established with the break below $9280. Multiple long positions being liquidated and prices driving lower. Potential bounce at $8200 support but over next few days may see $7000.