ThomasManning

ThomasManning

Currently we are at a most hold level IMO at 10650 on BTC in order for the C&H pattern to be a possibility. This current 4 hour candle needs to close above 10650 and stay above that trend line coming off the daily support all the way from the 6k level back in February! RSI indicators are OS and bearish volume is dissipating so this is definitely feasible and not...

ThomasManning

The 1 hour channel clearly didnt hold over night and there has been a big sell off since. Currently we are testing the daily trendline starting from the 6k level back in February. It is currently a support line for a potential cup and handle pattern. IMO the bulls need to close this 4 hour candle above 10500 and and maintain that support line to have a...

ThomasManning

BTC just broke bearish on an equilibrium pattern that has been playing out all day! A current bullish scenario is that this new bottom creates a channel with the previous sets of 4 hr higher highs and lows! This seems rather likely to be the case given that the 1 hr RSI trendline acted as a support level for the potential new trend line. We are unlikely to dip...

ThomasManning

More bear H&S downtrend continuation on BTC via GDAX

ThomasManning

CUP AND HANDLE CONTINUATION PATTERN FORMING ON ETHBTC

ThomasManning Updated 

We are at a very key point for the current BTC direction long term in my opinion! Currently we have pulled back to the 38.2 % retracement level (1) on the previous bull run from 5.8k (3) to 11.8k (4). The bullish scenario is to break through the 23.6 (2) retracement level either today or tomorrow and head towards a retest of 11.8k and likely beyond! The neutral...

ThomasManning

ZClassic just closed the previous daily candle right on the 78.6% FIB retracement level. If ZCL holds that level today, expect to see a potential equilibrium pattern forming btw the .01945 before the fork on Feb 28th at the very least with potential far greater upside. If we drop below that key level, expect another test of the daily EMA 50 with potential...

ThomasManning

EOSBTC seems to be failing to hold the 78.6 FIB retracement level (77671 sats) from its most recently bull run. It has also fallen below the potential for a long term equilibrium pattern of 81648 sats. Given that we didn't bounce off the last retracement level and hasn't been able to hold a daily inside bar today, I think EOS is heading towards 62.5k sats level...

ThomasManning

BTC had a 4 hour inside candle bar that broke bullish and i am now bullish on btc until that blue trend line is broken.

ThomasManning

Volume will either push BTC over the 11k pyshchological level and create at the very least a short term bull or the 11k will hold and likely bring btc back into one of the downward trending channels!

ThomasManning Updated 

BCC just broke the key 925 support level while in a descending flag pattern. Likely trend reversal for BCC

ThomasManning

According to my daily charts, we are on the lower boundary of the BTC daily channel that has been guiding bitcoin basically since mid September before all the fork Shenanigans! If we can stay above the 6325 level and in this channel, then BTC is just consolidating (all be it on the fringe of this pattern) while still maintain a bull market! However, if we break...

ThomasManning

Major sell offs after BTC exceeded 7k 3 times in a row... BTC is likely to trade below 7k now for a relatively long amount of time (4 days would be a very long time in this situation lol)... Next time BTC exceeds 7k, I'm anticipating it to stay above that level at least till FUD kicks in around the day of the Nov Fork!

ThomasManning Updated 

Looks like BTC could reverse course into a consolidation towards the ~4840 level if it begins to follow the slope depicted of the mountain range pattern!

ThomasManning Updated 

Follow up recreation of cryptoinvisible's KORE analysis with a couple more bells and whistles. I will be trading his assessment! GL GL. Trade at your own risk!

ThomasManning Updated 

BTC has been following the clone uptrend pattern and is getting close to breaking out around 5635 IMO!!! GL GL... Trade at your own risk!

ThomasManning

If we can stay in the channel and break above the 5700 resistance line before ~1035 Central Time (UTC -5) and follow that with a break above the 5727 resistance, then we have a great chance to break the BTC consolodation pattern and have a big spike towards a potential all time high!

ThomasManning

BTC has't consolodated past its previous big pump since its been on this SegWit2 Fork run. I dont think BTC will get lower than the next closest support level. IMO this will be the floor from now till the Fork! If not, it wont be the first or last time I'm wrong. Bet at ur own risk! GL GL!