gingerbre4d

gingerbre4d

Quick analysis on LTCBTC Looking like a critical point here, with LTC testing two major supports, 200MA (in red) and the bottom threshold of the major wedge structure. Will Litecoin bounce? I reckon two scenarios could play out. 1 - We bounce at this level to retest the resistance of the major wedge structure 2 - We fail at this level, and fall to a create a...

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Welcome to this quick TA on Faecbook Quick look on the following indicators: - MACD appears to be rolling over (bearish) - ADX momentum coming in (>20), DI- crossing over (bearish) - MA downward crossover (bearish) We observe a large channel in formation indicating a commencement of a downtrend, with lower high printed at the big even of $200. Failing at this...

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Welcome to an XRP analysis Have not done one for a while, so i'll start with the observations: - Price coiling within a wedge pattern - Forming strong support at the 4100sat range - This is concurrent with its previous reversal point - However, notice that price action does not follow the surge of volume - No clear divergence pattern forming on the RSI as per...

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Just unpacking some observations on this 4 hours chart, - BTC experienced a healthy pullback to the 7500 level, retesting three times at this level, and clear bullish RSI divergence was observed - This leads me to think that a new support level at 7500 has been established - Pivoting back up from 7500, we observe the overhead resistance line being tested,...

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Simple TA on Basic Attention Token (BAT) No complex TA, just plain vanilla. Looking at the longer term support trend, we see BAT testing this support with an increasing divergence on the RSI. The likelihood of BAT pivoting at this point is not clear yet, as it is still too early to tell. Regardless, I'd say this is a good RR ratio with a tight stop...

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Following up on a previous TA, As observed price squeeze from BB indicating an imminent break to either the upside or downside. Given the bullish golden cross (50MA over the 200MA) as well as strong support evident on the 50MA, the breakout to the upside was of a much greater likelihood. MACD has consistently defended its signal line, indicating a rejection of...

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Welcome to this quick TA on ICX. As you can see a wedge pattern has formed while price coils in towards converging Moving Averages. We can also observe price has broken above the all three MAs, returning back to the mean. The other key pattern printed is an impending GOLDEN CROSS formation, where the 50MA is testing the 200MA. Three critical points to look out...

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Welcome to this TA on XLM. We can observe from the daily charts that we are experience a hell of a squeeze on the bollinger bands as the price coils in within a wedge at around 1500sats. We can only await a breakout or breakdown at this point. However, is it going UP or DOWN?? That's the big question. The 4hr charts give us a bit more insight into this. It...

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Quick TA on Cardano ADABTC, We see a tightening of the bollinger bands as the price coils within its wedge, signalling a possible breakout. Price has shown stability from the shorter to the longer MAs (50/100/200) in the subsequent days leading up to this squeeze, indicative of a likely break to the upside. Also note, the 50MA (in green) has crossed the 200MA (in...

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Welcome to a follow up TA on TESLA, Clear skies this week for TESLA as a good amount of recovery as shown on the charts. this may just be a dead cat bounce, an overextension of the downward price capitulation follow by a sharp recovery. However, pay close attention to the overhead resistance level at approx $240. What served as previous support down serves a new...

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Following up from previous EOS TA, a possible reversal to the upside may be in play Opportunity spotted, looking for a breakout to the upside from most immediate overhead resistance on the 50MA (in green). Clear 3x instance RSI divergence (high highs on RSI, lower lows on Price) indicative of a reversal pattern - compare this against the longer time...

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Quick TA on ETHUSD After the breakout from its ascending channel in May, price action seems to have printed a bullflag. Some may be bullish on ETH breaking the big even of $300. However, some observations to suggest otherwise for the short term: - DI crossover imminent, to the bearish side - MACD printed a clear bearish crossover, heading back for the signal...

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What goes up must come down innit? :) Quick TA on BTCUSD, Expect a markdown back to the 50%-61% Fib ranges in the near term - this may not happen in a day or two as we may see a retest of the $8300 level. Both MACD and ADX printing a crossover to the bearish side, indicating a near term reversal from its once bullish momentum. For all the bulls out there, dont...

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Quick TA on APPLE For those who've heard all the news on the techstocks and antitrust FUD, here's the TA. The bigger picture indicates lower highs, maxing out at $215 in April, with MACD, ADX, and RSI printing a strong downward trend since. With prices trending below the Moving Averages, it is clear that the downward price action is in full swing. As per my last...

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We observe LTCBTC's first markup in a 3 part impulse wave, followed by a pretty dramatic 2 part correction wave, and markdown back to the 200MA (in red). It is a pretty solid double bottom on the 200MA to indicate a strong support level/indicator. This is followed by a rebound and flag consolidation at the converging 50MA (in green) and 100MA (in orange). Price...

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A quick TA on the BTCUSD charts! In the past weeks, quite clearly we are seeing price action of BTC within a narrowing upward channel, holding quite diligently to the 50MA (in green). However, we are starting to see weakness in the bulls as volume seems to be diminishing, and a clear MACD divergence printed. The ADX is also starting to show signs of weakness in...

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Are we set up for a recession in the coming years?? Looks like a classic Wycoff Market Cycle pattern. Paired this with Fibonnaci to predict levels.

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Quick TA on IOTA Indicators: DI crossover signalling trend reversal MACD crossover as well Stochastic trailing behind Primary focus would be strong volume and breakout to the upside from the inverse H&S neckline. Look out for ADX momentum to come in (>25) as well as Stoch above 80. Volume is still weak so it will take sustained volume to keep price momentum...