Trader-Elisa

Trader-Elisa

SYS - price is sitting on top of the daily Ichi cloud (supported), and the Bollinger Bands are showing a squeeze inside of the Keltner Channel (indicates breakout up or down). There is bullish hidden divergence on the RSI and MACD with the latter coming up to a crossover. The price has formed a bullish pennant - buy point after it breaks the pennant or the 61.8%...

Trader-Elisa

Mixed views in the news on this fork, but the chart is responding well to BTC volatility and has some nice swings.

Trader-Elisa

BTC quick update - drawn in the bullish falling wedge (note when I draw trends I sometimes cut the outliers) Also added the dotted line to the pitchfork which captures the wicks which are falling below the 61.8% fib of the large pitchfork. Wedge potentially takes us to 9k before breakout, but overall the red candles outweighing the green are making me nervous!...

Trader-Elisa

BTC - just some interesting pitchfork observations: The price has moved into the upper section of the large pitchfork which follows the long term down trend from the ATH marked by the orange line. The price has dropped back to the 61.8% line of this pitchfork and is recently fluctuating trying to break back through the 78.6%. The smaller pitchfork shows the...

Trader-Elisa

Divergence on RSI, but ADX still on an upward slope. Next support 93-95.

Trader-Elisa

Upcoming THC fork on 23rd feb. Holding to trend pretty well. Watch BTC though, at a crucial point.

Trader-Elisa

BTC - after ploughing through two trendlines running from September (one with outliers, the other without), the price bounced nicely off a strong support area incorporating a new downward trend line (ACE), previous resistance turned support around 8200, the 38.2% pitchfork fib, and the 1.618% retracement fib. The rally only made it to the pitchfork median and...

Trader-Elisa

BTC - broke previous trendline which was drawn excluding outliers. Redrawing including most outliers sees the current price right on this line along with the median of the pitchfork. The 1 hour chart is showing a multiple candle bounce, however 2 dojis on the 4 hour show a reversal is still being considered. There are a couple of pieces of fud news which may...

Trader-Elisa

LINK - cup and handle yet to play out but not fully broken down either. A double bottom is also evident on the 1 day chart, which may take the price to 13300 (2x) if it is able to break resistance. A mini-bullflag and more volume can also be seen on the 4 hour. Failing breakout this may also morph into an ascending triangle.

Trader-Elisa

POWR looking spiky (mainly due to BTC action), it's hard to tell if the completed head and shoulders is now forming a symmetrical triangle or perhaps a descending (flat-bottom bearish) triangle). Not looking too promising right now however watch the candles to see if the sellers weaken (smaller red candles) and buyers strengthen (larger green candles).

Trader-Elisa

UKG - recent volume spikes, MACD and EMAs have crossed positively. Sitting on top of the 1 hour Ichi cloud as support and trying to break through the centre of the 4 hour bearish cloud while being supported by the tenkan and kijun. 2nd standard deviation Bollinger bands squeezing inside the Keltner Channels indicating upcoming breakout (up or down). Stop loss...

Trader-Elisa

As predicted the impact of the futures was limited to non-existent. I noted a decline in the Japanese and Korean exchanges I follow before the other exchanges followed suit, approximately hours ago. While this could be due to the futures expiry, it may also be a knock-on effect due to a reported theft of XRP ($123m) and XEM ($600m) from the Japanese exchange...

Trader-Elisa

BCPT triangle formed, borderline symmetrical so still a risk it may break down, however buyers seem to be strengthening over the sellers pushing the price into the top half of the triangle. Both the 2nd and 3rd standard deviations have pushed inside the Keltner Channels (sign of consolidation and upcoming break out or break down), the short EMA (7) has crossed...

Trader-Elisa

OST breakout

Trader-Elisa

Bullish divergence on RSI and MACD is currently playing out on the 1 day chart, however this is slightly preceded by a bearish negative reversal (hidden divergence). Daily buy volumes have been increasing and the MACD is now showing a strong cross. We are still awaiting a recross of the EMAs (7,77) however, and the price is sitting at the bottom of the Bollinger...

Trader-Elisa

HSR trying to get out of the triangle... indicators are slightly down therefore there may be a retrace first, however it is worth watching again. Keep an eye out for the EMA short/medium cross.

Trader-Elisa

Another one to watch for a bounce or further correction. Needs a strong green candle to confirm, if not may head down to the 38% fib.

Trader-Elisa

Bollinger bands very squeezed inside the Keltner Channel, waiting for a break in one direction or the other! Needs some volume and a little more time but watch for whether resistance breaks.