cbrookins

cbrookins

Stellar (XLM) has been buoyed by positive PR as of late, but without increased buying volume, the technicals look ready for a brief capitulation period from Ichimoku Cloud resistance level of ~$0.32. bravenewcoin.com

cbrookins

Looking at the 1 Week chart for $BTC we can note a few things: 1. Using the slower Ichimoku Cloud settings of (20/60/120/30), we can see that price is still slightly above the Cloud, which is a bullish signal. However, it looks though price will be testing the Senkou support levels shortly. If these do not hold, then $BTC price could fall beneath the Cloud which...

04:17

cbrookins Updated 

The video provides a look at three indicators and technical analysis methods used to evaluate price trend and strength. It seems $BTC is shaping up for a hard decision over the coming weeks or months within a falling wedge of a breakout to the upside (re-igniting the bull trend back to $20k) or downside (breaking through 2018 lows of $6k). For those of the...

06:30

cbrookins

My full, co-authored, Price Analysis can via Brave New Coin >> bravenewcoin.com Summary In the short-run, one would expect that the strong start to June will continue as hype surrounding the mainet launch continues. The technicals for VEN are mixed and bearish, but price is currently forming a positive trend while re-attempting a Kumo breakout from an oversold...

cbrookins

bravenewcoin.com The overall technicals for OMG are bearish, but price is currently experiencing a short term bounce from oversold levels. Both, the prudent Ichimoku Cloud short term trader (10/30/60/30 settings) and longer term trader (20/60/120/30 settings) will await a positive TK cross, Kumo breakout, and price hold above the $14 - $15 range before entering a...

cbrookins

Cliff Notes from >> bravenewcoin.com Summary $TRX technicals are currently mixed, but pointing bullish. The prudent, shorter term trader will wait to see if price can maintain its current uptrend by staying above the Cloud with a bullish TK recross on (10/30/60/30) settings before entering a long position. Whereas, the prudent, longer term trader will wait for...

cbrookins Updated 

In the short term, BTC looks to be in a descending channel and its price action is conforming to it rather well. I'm inclined to think that it may start floating down towards the bottom range of the triangle by the end of this week, but could get slowed down by the support levels at 10k and 9500. Furthermore, my quant model forecasts a BTC price level of $8592...

cbrookins Updated 

2/12/18 (4:29pm EST): Short Entry (845) Target (500) Stop loss (930) Logic : ETH like all cryptos are in a downtrend, consistently fallen and bounce off key support and fib levels after brief capitulation of about a week or so. Afterward, the price action rolls over and the volume increases to the downside until it reaches the next support or fib level....

cbrookins Updated 

2/12/18: Short Entry (0.388) Target (0.18) Stop loss @ 0.44 Risk/Reward Ratio (4:1) Logic --> XLM is in a LT downtrend, consistently fallen and bounced off key support and fib levels after brief capitulation of about a week or so. Afterward, the volume increases to the downside until it reaches the next support or fib level.

cbrookins Updated 

2/12/18: Short Entry (8800) Target (5000) Stop loss @ 9500 Logic --> BTC is in a LT downtrend, consistently fallen and bounced off key support and fib levels after brief capitulation of about a week or so. Afterward, the volume increases to the downside until it reaches the next support or fib level. Typically the falls are ~2 standard deviations (stdevs)...

cbrookins Updated 

2/12/18 (7:17pm EST) : Short Entry (1.04) Target (0.50) Stop loss (1.25) Logic : XRP like all cryptos are in a downtrend, consistently fallen and bounce off key support and fib levels after brief capitulation of about a week or so. Afterward, the price action rolls over and the volume increases to the downside until it reaches the next support or fib level....

cbrookins Updated 

2/14/18 (2:51pm EST): Short Entry (212) Target (100) Stop loss (250) Logic : LTC like all cryptos are in a downtrend, consistently fallen and bounce off key support and fib levels after brief capitulation of about a week or so. Afterward, the price action rolls over and the volume increases to the downside until it reaches the next support or fib level....

cbrookins

2/12/18 (4:40pm EST): Short Entry (845) Target (500) Stop loss (930) Logic : RCN like all cryptos are in a downtrend, consistently fallen and bounce off key support and fib levels after brief capitulation of about a week or so. Afterward, the price action rolls over and the volume increases to the downside until it reaches the next support or fib level....

cbrookins

No one knows the future, but the short term trading charts for Stellar (XLM/STR) still seem biased negatively; despite the short lived breakout last week. The charts seem to suggest that Stellar will find a home somewhere within the 0.382 fib level (~$0.38) and 0.236 fib level (~0.24), but I wouldn't be surprised if it overshoots and bounces off the $0.178...