Yoshi14

Yoshi14

Here we see the 4-hour chart for BTC printing a nice correction after an insane run-up smashing the 40k level. There is a possible head and shoulders pattern that could play out with a horizontal neckline near $30k price point. If the sell off continues I have set buy markers at the referenced horizontal support lines (cyan dashed). The short term price level to...

Yoshi14 Updated 

BTC bull run losing momentum here just below the 10k psychological barrier. Important to watch reactions to the 150 EMA and the cyan trendline from mid-April being tested right now. Targets if trendline and EMA break down is 7900, 7800, 7600.

Yoshi14

Chart Speaks for itself... Time for a retracement of the BTCUSD price with Targets in the range of $5700-$6500. I've got my sights on 5873 for this trade. Happy Trading :) -Yoshi

Yoshi14 Updated 

HERE WE ARE LOOKING AT THE ETHBTC DAILY CHART ON A LOG SCALE. CURRENTLY ETHBTC IS IN A MAJOR DOWNTREND AND WE ARE WITNESSING A CORRECTION UPWARDS. THE TOP OF THE DOWNTREND LINE (RED) IS THE IMMEDIATE RESISTANCE. IF ETHBTC IS REJECTED AT THIS LEVEL ON THE DAILY THE FIRST MAJOR SUPPORT IS AT .03404 MARKED WITH A HORIZONTAL DASHED LINE (CYAN). AFTER THAT THERE ARE...

Yoshi14

After recent bullish price action BCH looks likely to test the big resistance line at around $660 USD. I'm anticipating a rejection here which could lead BCH into the right shoulder of my projected InvH&S pattern highlighted on the chart. The neckline would be the major resistance at around $660 USD. This is obviously just speculation at this point but with the...

Yoshi14 Updated 

ETHBTC Long opportunity with potential 65% profit :0. ETH has been on a sharp downtrend with respect to BTC and it is currently grossly oversold. Evidence that a relief rally is probable include the pin bar (hammer) candle stick seen on 8-14-2018 on this Daily chart. Also, the daily RSI is currently painting a bull divergence with a higher low on the RSI whilst...

Yoshi14 Updated 

We have a clear hammer candle on the 4-hr chart for ETH right at critical support. This paired with the deeply oversold RSI and high volume indicate a counter trend rally is imminent. The resistances to watch and seek as targets for this swing trade are $400 and the orange downtrend line from the recent high. Stop loss set at $350 which can be moved higher if the...

Yoshi14 Updated 

BCH has painted a bearish divergence on the 4 hr time-frame. I will enter a short position if we lose the 4 hr 50 SMA since the previous couple of times the price dropped below the 4hr 50 SMA there was a sharp decline. I have highlighted this on the chart as well as the bearish divergence in the RSI. If a short position is opened targets will be in the $650-$660...

Yoshi14 Updated 

Looking for small bounce off 460 to top of wedge before continuing down. 460 is the .786 retracement from last rally from 360 low to 830 high. Also, a fractal in rsi from end of May shows a bull divergence that played out well. Let's see if she bounces.

Yoshi14 Updated 

Ether is oversold on the daily time frame and is headed towards a strong long term support trend line (Blue). This looks like a great buy opportunity with profit targets set at the .786 and .618 fib lines from the All Time Highs. There is also a hidden bullish divergence forming on the RSI that further confirms the bullish reversal set up. My only concerns...

Yoshi14 Updated 

BTC is currently in a Bear Flag pattern which signals a continuation of the current downtrend. I predict this to fall to the 0.5 fib retracement level at least. There is the possibility (Less likely) of BTCUSD falling further to the 0.382 fib retracement in order to test the LOG downtrend line as support, but i find this scenario less likely with the recent...

Yoshi14 Updated 

Hello all, I am making a short term prediction on ETHER. I see a classic Head & Shoulders pattern that just broke the neckline to the downside. This looks like an easy short with my target being the intersection of the Cyan support trend line and the .618 fib retracement from our local move up. I will be taking profit at $470. Wish me luck :) Cheers, -Yoshi

Yoshi14 Updated 

Correction over! Confirmation pending break out of large triangle. I am optimistic of bitcoin making at least double current value before 2018 comes to a close. Happy trading :)