McPaddles

McPaddles Updated 

Looking at the 4hr time frame BTC we can see that a break below the trend line is possible if the price slides any lower. A break down would see the the 38% FIB ($7,250) and next support level come in to play. However with the RSI currently sitting at 42, I believe this will fall to high 30's before a break to the upside pushing through the $8,300 resistance...

McPaddles

On the daily charts we can see strong resistance BTC over head between the $5500 and $6100 range. BTC almost reached the lower level of resistance before turning to the current downward leg. We can see the MACD signal is setting up to confirm the reversal, I expect to see BTC at $4,390, failing to hold this this level we can expect to see a further downward push...

McPaddles

Very very bullish on Ethos which is consolidating nicely. Volume is strong and the the 20 Day MA (blue line) is looking to poke it's head above the clouds. Expect to see more sideways action until the release of their Universal Wallet, which will be a game changer in the crypto sphere, then BOOM, BOOM, MOON! With the exception of some unforeseen catastrophic...

McPaddles

BINANCE:GTOBTC is setting up nicely on the 4 hours chart. The previous period closed with an inside candle, now waiting waiting for close of the current period and a bounce of the 50% FIB to confirm.

McPaddles

As you can see on the BTC 4hr charts we have has some major breaks. We have passed the 100 day MA resistance which now becomes our support. With the 200 day MA becoming our resistance. We are looking for BTC to now pass the next major physiological & technical resistance at $9,500 before confirming the bulls are back. Looking further out, the daily chart...

McPaddles Updated 

BTC failed to break the resistance at $9,000 and has formed a double top at the 78.6 FIB and we could be heading into a ABC correction wave. I will be looking to re-enter at $6,000 where I think we will find support. I'm expecting the current trend to continue for a couple of weeks yet. We should see the bulls return early March.

McPaddles

I think we have a couple more weeks before we see a longterm reversal. I estimate we will confirm bullish early March, but for now BTC has some retracing to do.

McPaddles Updated 

BINANCE:LTCBTC has had a breakout with some good volume, this may continue for a while following a retrace based on high RSI. Looking for a retrace to the 78.6 on the FIB setting buy orders at 0.0185 & 0.0184

McPaddles

The daily BINANCE:ETHUSDT chart is looking good, while this trade needs time to mature, we could soon be looking at new ATHs and testing BTC for the number one spot. We can see ETH had a strong bounced off the 100 moving day average and a bullish pendant is forming. The RSI and MACD are both setting up nicely and positioning for a long bullrun. If the current...

McPaddles

In the short term we can expect to see BTC retrace to .236 on the Fib which will meet with the support at $8013 Buy orders set for BTC at $8001 with a S/L at $7,920 Please trade at your own risks this is not financial advice.

McPaddles

The next 4-8 hours will determine where BTC goes. The MACD is heading towards the signal line, if it crosses below we are in bull territory, coupled with the candle sticks dropping into the Ichimoku Cloud will mean its time to bail. If both these signals trigger we are looking at $12200 region. If If If it breaks below that, hold on.

McPaddles

The 4 hour charts indicated the run is not over, I'm expecting the run to continue following the current dip. The Ichimoku future indicator and bearish MACD are both signaling an upward trend.

McPaddles Updated 

The MACD has just crossed under the signal line indicating bearish turn. Will be looking to retrace targets: 8172: 7660: 7148: 6515 & 5492. Long term, this is an amazing project, I'm expecting $15 in 2018.