blessmywork

blessmywork

Not a whole lot to say here. I'm just creating a trading range, support range, and resistance range. I'm guessing at Phase changes, though there can be some pretty solid arguments as to whether or not the large distribution was healthy, and whether or not it could have been called "Phase A" in our Wychoff Event analysis. Neither here nor there, this analysis is...

blessmywork

ETH appears to be moving through its Resistance band now -- Based on its moves, and solid tests of support, I would expect ETH to continue trading through resistance, form a wedge, and spring out into the E Phase soon with upward momentum soon. I would advise trading after verifying a strong accumulation phase -- shown by clear strong volume, and acquiring for...

blessmywork

I cannot in good faith tell anyone to acquire BCH, especially on Coinbase. The volume isn't there, and we see Distribution and Accumulation signals that are EXACTLY equal. This looks like heavy one handed trading. This looks like a market ripe to take your coins. Beyond that we can see their will be a breakout at the speed arc in the C phase. The resistance...

blessmywork

We have reached what appears to be a clear Selling Climax. We also have an "Automatic Rally" (AR) which occurs when intense selling pressure diminishes. This rally point helps describe an accumulation trading range (TR). We have seen this point tested in phase B and subsequently we can call it a clear resistance band. There is a test of support - Secondary...