TheBeardedBull

TheBeardedBull

I hope all of you are doing well and had a good Memorial Day weekend. Tonight's chart makes one thing abundantly clear.....I am severely lacking in artistic ability! That said, I do see the makings of an inverse head & shoulders pattern on the Bitcoin hourly chart. The price action has definitely been a bit choppy lately, but the general outline is there. ...

TheBeardedBull

Good morning, everyone. I hope you have a great Saturday. Well, after that significant run yesterday, it looks like ETH may have reached the perfect storm of price level of support. As of 0300 EST, on the 4-hour chart, the 12-period Exponential Moving Average is providing nice support, and it looks like the 200-period EMA is moving in to offer some backup as...

TheBeardedBull Updated 

Hey guys, I hope you're all having a great weekend. I just wanted to give a quick update on what I'm seeing with Ethereum. I've been tracking it very closely for the past 12 hours or so. On the Hourly chart, it may be time to start paying attention. You'll see we are close to overbought on the RSI, but if you take a look at the 4-hour chart, we have some...

TheBeardedBull

Good afternoon, guys. I hope you're having a good weekend. I just wanted to highlight a potential buying opportunity for Ontology (ONT) in the short term. Not only is the RSI reaching the lower end of the scale, but the current price on the hourly chart is nearing a previous support level. This may prove to be a decent setup for a short term bounce. I want...

TheBeardedBull

Good afternoon, guys, In reviewing its paring with ETH, it looks like Wanchain (WAN) is about to break through support levels on the hourly chart, and bearish volume has increased significantly in the past hour. The RSI is still in the mid-forties, but this might be a play to keep an eye on over the next hour or two. We may have an opportunity to catch a small...

TheBeardedBull Updated 

Good morning, everyone, I just wanted to provide another example very similar to my very first post. As we all know, Ethereum has been bottom-dwelling for quite a while now. This is another example of an extremely large hourly candle with a relatively strong rush of volume. In reviewing the previous price action over the short term, it simply didn't appear...

TheBeardedBull Updated 

Hey guys. This is my very first post on Trading View, and frankly, I'm still learning to use the software. Like many of you, I've been watching Ethereum closely and monitoring its lines of support since the initial dump. When this hourly candle started rapidly pushing higher -- around 1800 local -- and the RSI shot almost vertical, I decided to sell my small...