HerrVonBraun

HerrVonBraun

Thoughts on chart. Disclaimer: short from $376.

HerrVonBraun

Daily Flipped resistance into support, succesful retest of 200 EMA. First strong supply zone at x2 from here. Hourly Bullish RSI divergence into demand zone, closed above. Conclusion Had to cool down after a strong run from the lows, came back to previous resistance and flipped it while touching the 200 EMA. Entry signal after bull div on hourly chart.

HerrVonBraun

We've seen a nice up movement for ETH up to 243 resistance level, where it bounced off. I expect to see a little pullback to intersection of 0.618 level and upwards trendline as price is moving in an ascending triangle. (More information regarding triangles can be found here .) We could face a buy opportunity when price breaks the horizontal resistance line...

HerrVonBraun Updated 

LTC is moving in a descending channel since a few days. If it is able to break this downward movement, we could face a buy opportunity. MACD is crossing over and RSI returning from oversold region. Volume on up movement looks fine. Also note that LTC has shown strength in the bearish market conditions we face last weeks. It is only advisable to take action when...

HerrVonBraun Updated 

Seems like ETH has broken the bloody negative trend it was in the past few days. Good chance for launching LONG at 235, with closing points at 255 or 274. Good luck!

HerrVonBraun Updated 

Inverse Head and Shoulders pattern unfolding. Stop loss can be placed under neckline.