E3-Trading

E3-Trading

If only everyone saw this bottom trend line earlier. Kind of amazing how it bounced right off it.

E3-Trading

The latest Bitcoin move has invalidated the inner wedge creating a new inner wedge . My E3 Super Oscillator called the move on the faster moving settings, the one on the bottom for those using this new free indicator. I did sell a big part of my position based on the call from the indicator.. score one for this little experiment writing a trading view script!

E3-Trading

Here's a weekly chart of BTC USD I've been working on. The bottom blue trend line, it's held as long time support. The moving averages are 21, 50, 100, 200. The purple is the 200, and the red is 100. Those are the ones to focus on. I circled every time the 100 and 200 crossed the blue trend line. It could mean absolutely nothing, but it did call the start of the...

E3-Trading

On the Total Market Cap minus BTC Chart, I just noticed the 100 day crossing the 377 on the daily. This is a huge golden cross. I pointed out in the chart when it had it's last death cross. Before that, the alts were in a golden cross since the beginning of alts. This downswing we are in, actually looks like a normal retracement on a longer term uptrend, kind of...

E3-Trading

Most people have seen the Alessio Rastani video on the B Wave. After making some adjustments to my 2 previous ideas on this comparison to 2017, along with everything he said in his video, and even though I noticed this 2 months earlier than he did.. lol.. to me, it's just more confluence in the idea. Seriously look at these 2 charts comparing the macd and stochs...

E3-Trading

I setup this 8 chart layout on BTC. Each chart has a different time frame. The low time frames on the top and high on the bottom. Top is 5 min, 30 min, 1 hour, 4 hour. Bottom is 1 day, 3 day, 1 week, 1 month. I think this paints a really clear picture on how the oscillators work affect each other on different time frames. The big thing I took away from this is...

E3-Trading Updated 

Possible ascending triangle on NEO BTC. Tough resistance to break, but nice upside if it does.

E3-Trading

Tron is in a large descending triangle. Even though they are usually bearish, there is also a double bottom along with a possible break of a falling channel when zoomed in. The MACD and STOCHS are looking like they want to move up on daily. My personal opinion is we at least test the top of the triangle in the short term.

E3-Trading

XVG is currently riding the .618 on the fib, in a descending channel, and volume is dropping. The 4 hour stochs is dropping, but price isn't moving, while the MACD is on the way up. This looks to be a good setup, that is if Bitcoin doesn't do anything crazy first. Personally, I'm buying while it rides this .618 and waiting for one of the crypto like explosive...

E3-Trading Updated 

I noticed something when playing around with the 2015 comparison to now, looking at my previous post: "What if we aren't where we think we are?" My theory is that markets tend to slow down over time, everything takes longer. So when comparing now to 2015, this may seem out there, but what if we set the 2015 chart to the 3 day and the current chart to the 1 week....

E3-Trading

This is a possible bearish outlook. While I'm long term bullish, I've been looking for possibilities where the bear market is not over yet. I think it's a good exercise to do, as specially at the point in the market where we could be either seeing the start of a massive bull market or the continuation of a massive bear market. We are at a potential pivot point,...

E3-Trading

At first, I noticed that the weekly stochs when overbought for an extended period of time had a direct correlation between the length overbought and the price action. The longer the stochs is in overbought territory, the more drastic the price drop will be once it exits overbought territory. I was doing a comparison of other time periods that had an over extended...