Rouge1896

Rouge1896

On the weekly chart we sawaa pull back to the 87.5 level. Stopping volume halted the decline from November through December, producing a buy pivot at this fib level. Daily chart shows to prominent buy pivots for a good entry. The price should get to a least the 50% weekly fib, which is the 10835 level, the weekly POC (point of control).

Rouge1896

Buy pivot on the weekly chart is good indication that we should see higher prices for Ethereum. The has also entered a demand zone(where price exploded out of a range back in May 2018). May a run to safety away from the volatility of the Equity markets. Price has also closed above the cloud on the daily chart, which is also a good sign for to long for long...

Rouge1896

Weekly chart shows this market is a bad way. Close below the cloud with volume fueling the move. Should see a target of around 1880 handle.

Rouge1896

Volume picked up over the last few weeks. Price is below the cloud which is still bearish in nature The cloud extension is widening, pointing to possible volatile moment in price in coming week. Weekly support zones(marked in green) are targets area to determine price reacts to these zones. For now its wait and see.

Rouge1896

Price is above the cloud with the lag line also above the price. Should trend strongly

Rouge1896

A quick retracement after profit taking by the bulls. Successful tested the demand area at 530 with good stopping volume at the the 61.8% (38.2%) Fib level. Buyers are present! This gives a target of 833 which lines up with the supply area at this handle. Technically obedient which is nice to see.

Rouge1896

First target of 690 has been reached. No signs of volume climatic volume, signaling sellers are not present. If price can get above this level and retest this area successfully, next supply level is the 826 handle. Stop loss move to 680 level so to lock in profits.

Rouge1896

Waiting on a pull back to the $460 handle to scale in. Looking at a target of $690, which is a supply level. Good to see a confluence of 50% Fibs level and a fresh demand level at 460.

Rouge1896

Wykoff accumulation range occurring in Ethereum. Will see tests of the old highs in the near future.

Rouge1896

Wave 5 of 5 downward move into an area of demand around 4300. Looking for large stopping volume in this region before considering a long position.

Rouge1896

Price projection for SPY 500 using fib clusters to calculate the full move, should see price reach the 2450 level.

Rouge1896

Same pattern as BTC. Bounced into 50% fib. Support becomes resistance (red fill area). Fib target of $300.

Rouge1896

BTCUSD - Possible new target below 5216 is the 2400 handle. Calculated using a fib projection form the previous bounce. I haven't seen any selling climax yet to indicate a reversal. 2400 level looks like a good buying opportunity if buyers turn at this level.

Rouge1896

BTCUSD is in the last phase before a further move down. If the price cannot get above the ICE, the price will fall further. See the Attached YouTube video on distribution to explain the concept. www.youtube.com

Rouge1896

Distribution wyckoff pattern

Rouge1896

Fibonacci Extension - ABC corrective wave. A wave 2 of a 5 wave pattern.

Rouge1896

COINBASE:BTCUSD is in anaccumulation range. Need to see if buyer as present at low end of the range for longs, and no sellers a the top of the range before taking a position.

Rouge1896

AUDUSD has broken out of he accumulation range. The nearest target is 0.82 level. Point and figure calculation reveals a higher target of 0.92.