OliverTrader

OliverTrader Updated 

After the recent big moves I thought it was worth reassessing what patterns BTC has formed on the shorter duration charts, to get an idea of the next big move. 240 minute chart: You can see the ascending triangle (in yellow) produced a breakdown on April 11. However, in doing so there is a new uptrend channel visible (in blue), which is containing movement...

OliverTrader Updated 

BNB is my favourite coin to trade. High volatility and big movements occur frequently, and it's also one of the first alts to return to pre November-2018 levels. In my opinion BNB, LTC, and BCH have been the main alts leading the currency recovery, and ETH is also worth watching recently. Here we have several views of BNB. Along the bottom is the entire history...

OliverTrader Updated 

Here is BTC on the daily chart, with the 200 moving average shown swooping down in purple. The two blue bars at the bottom indicate a zone which briefly acted as a support for BTC during last November's drop from $6000. When BTC pumped up again 6 days ago, you can see price never even stopped to say hello to this zone on the way up, which should have acted as a...

OliverTrader

Yes yes I know, it's a triangle but it's pretty close to a wedge and what's better than wedges and a shake... BTC has been busy consolidating and deciding which way next, and it looks like we could get an indication in the next four hours as price moves into the apex of this triangle. Small moves above and below are normal as price has been a bit jumpy the last...

OliverTrader

Here we are zoomed in on the 30min chart of Bitcoin, with the dotted blue line indicating a rising trendline that has held since Feb 8. As you can see, the line has clearly been breached on high volume and stayed below. This comes after a repeated failure to remain above overhead resistance at around $4045. In the past few months we have seen price fall to...

OliverTrader

Watching this bullish pennant forming on the DASHBTC daily chart. This could either be in the next 24 hours or maybe one more retest at the lower dotted red line before going up. Target of an upside break from this pennant is 0.026. This is based on the height of the flagpole formed around March 12. Idea would be invalidated on a high volume break down below the...

OliverTrader Updated 

It looks like BCH could be ready for a big move in the next few days. Price moving into the apex of a triangle and sitting between the 50EMA and 50MA. Looking for a high volume break either side of this pattern.

OliverTrader

Keeping an eye on this over the next few days as a possible right shoulder nears completion.

OliverTrader Updated 

Binance Coin is on a roll lately and if the trend continues I believe $17.25 is possible in the next couple of days. A long now at around $15.15 with a stop at around $14.86 (just below the rising trendline) looks like an easy win with minimal losses if the trendline is breached. Trail a stop-loss at around $0.05 once BNB reaches $17. Badda bing badda boom!