TheTechnique

TheTechnique

lets see if that volume cluster at 6k wants to be tested soon...

TheTechnique

cant ignore the volume

TheTechnique

See analysis and text in chart.

TheTechnique

Lots of support meeting at this glorious green box...

TheTechnique

There is excessive downwards pressure here in the price structure, further obviated by volume declining in general, but more relevantly for an accurate short play on those tests of local resistance. Expecting a voluminous spike down thru some support. Full moon, expect some volatility. mETH bulls won't go down without a fight.

TheTechnique

This point (blue box) is going to be insane...this is a critical support, and will be turbulent upon impact. Closing my short on a spike thru this support--where the LT MA meets the Kijun-sen. I expect a bounce/short squeeze like we saw a week and a half ago between June 25-29. But on every time frame moving averages are flowing downwards like water, with the...

TheTechnique Updated 

Nice breakout!

TheTechnique

Not sure if this is the big one that will bring it down to .618 .786 fib levels of its run since march....but we definitely have confirmation that its beginning a healthy correction. Please share your thoughts and engage in discussion. Any other indicators saying the opposite, or confirming my analysis?

TheTechnique

Price consolidated around critical support, now trend has painted a reversal and subsequent bright green on GREAT volume and momentum (bull/buy pressure) is rising while sell pressure is fading. I

TheTechnique Updated 

Massive Bullish OBV divergence (clearer on Hourly) MACD is pinched and primed for a move upwards (clearer on Daily) RSI has plenty of room to make a run (similar on both TFs) Stoch RSI oversold on Hourly, but not super worrisome on Daily This week, OBV bull div seals the deal. LONG Also, something about Charlie coming back feels fortuitous. ______ Poloniex LTC/BTC