Red_X

Red_X

SPY is showing signs that sellers are getting exhausted. This chart shows the price of SPY in a wedge and these types of wedges are typically bullish. The idea is to start accumulating during early buy signals and dollar cost average to minimize risk (no more than 20% of your capital). Should it continue to drop the next potential entry would sit around 339 which...

Red_X

Potential H&S for LTC. LTC also hitting some resistance on the RSI. High probability that LTC will have some down side.

Red_X Updated 

Right shoulder has yet to be formed, blue line represents areas that acted as support and resistance. Wait to see if we can get support for the right shoulder.

Red_X

BTC ready for a move up? I think there is a strong possibility that we will break out bullishly from this falling wedge. My targets, good luck traders.

Red_X Updated 

Here is some handy work done by my RSI showing clear indications that BTC has had a few false breakouts. You can see the line of resistance on the RSI and BTC struggling to get passed it. Beware of this RSI resistance and you can time your shorts with confidence accordingly. Good luck traders.

Red_X

Can we hold support on our trend macd? We'll have to wait and see but my money is on the bears right now