Beginning to love the Ichimoku for exiting/entering trades on the H1 Charts - as an example here I watched the Candle cross the Tenkan (blue on my chart) and banged in the Margin Order - exited just before the 10,400 Resistance (today's Resistance slightly below the previous 11,500). Combined with the slightly more responsive CCI indicator (RSI is better for...
BTC Seeks Buddy Moon Outside Prison Confines of 11 - 12.4 Walls
Let's see how it fares this time.
Bull Flag formed at 29/6/19 07:00 (UTC+1) - attempted breakout again along the 11800 Resistance line apropos the previous day's breakout.
RSI & MFI both divergent on H1.
Moderate Volume - but as we know high-value single players may break the surface and "Whale"...
Channel Formed … Rig the Sails for Stormy Weather ^^
Storms can be good, or bad - we'll see!
Factors to note: -
1. Following the Channel up presently
2. Bounced off the 50 EMA & 0.618 Fib - always good to see
3. Broke resistance @ 11800 / 11:00am (UTC+1) and now retesting
4. If it effects a full breakthrough next Resistance at 12400
5. On the Ichimoku, Candles...
On the Range … mebbe ^^
Short Term Fib based H&S & speculated price range.
Let's see how it pans out :)
Factors to consider, 1,2,3: -
1. It's Friday - payday :)
2. Price dropped then appears to be lighting up the candles
3. General Public small time retail investor FOMO MAY kick in
Oh and ofc: -
- MACD Cross at 01:00 28/6
- MFI & MAC rising trend lines
Interesting comparison of price range from 2017 Projected to 2019 … finger's crossed ^^
(Please note this Analysis does NOT constitute advice and readers must undertake their own analysis/research before committing to any positions)
Vertigo, Interrupted ...
It flashed, it fell, sort of.
Patterns are the thing.
Here's a snapshot of the previous price range flash mini crashes.
Waiting to see if the current one "falls" into one, or, being BTC, does its own thing anyways ^^
(Please note this Analysis does NOT constitute advice and readers must undertake their own analysis/research before...
Thar She Blows Cap'n!
It's Sunday evening, the becalmed Sunday is about to drive the Crew Completely Nuts when … THAR SHE BLOWS Cap'n!
The Wind rustles the Sail, Fractals gather at the base of the Clouds and the Seas begin to stir, something is rousing in the depths ...
And UP it comes … a KRAKEN breaking through the becalmed surface, and reaching for the...
Possible XABCD pattern showing target range between 11750 - 12000.
Patterns are everything and this run seems to follow.
(This observational Chart does not constitute advice or recommendation. You must make your own research and effect decisions based on your own judgement).
Triangles - Symmetrical or Possibly a Bullish Ascending - Breakout in mid-end July / beginning of August 2019?
Trend bounced off 0.38 Fib but hasn't broken convincingly up yet.
Accumulating momentum of News Pressure though may assist in an Upwards Breakout.
Moneygram has 5% of the World's Remittance market. This may assist XRP in achieving what FB is...