klanedroid

klanedroid

I know there are a lot of lines in this story. It is an unique perspective, and only intended to show something different than what most will draw. Bear with me if you care to. The underlying message is price point should gravitate towards the red dashed line through the beginning of April, if you want simplicity. Blue rectangles are downchannel breakouts (1...

klanedroid

I know there are a lot of lines in this story. It is an unique perspective, and only intended to show something different than what most will draw. Bear with me if you care to. The underlying message is price point should gravitate towards the red dashed line through the beginning of April, if you want simplicity. Blue rectangles are downchannel breakouts (1...

klanedroid

I know there are a lot of lines in this story. It is an unique perspective, and only intended to show something different than what most will draw. Bear with me if you care to. Vdub_FX_Sniper is triggered to sell if you want simplicity. This could well be worthless and BTC stays flat the rest of the year, or crashes to 1k if regulators unite against it. Blue...

klanedroid

This one's just a thought. Not advice.

klanedroid

Blue rectangles are downchannel breakouts (1 failed, 2 successful, 1 projected) Downchannels: 1/3 - White; 2/3 - Orange; 3/3 - Red Upchannels: 1/2 - Green (new); 2/2 - Blue Yellow horizontal lines: We have a situation Red Horizontal Lines: We have a PROBLEM BTCUSD is well within the downchannel 1/3 in white, still. This means that either a shallower...

klanedroid

Just trying to fit a repeating movement pattern to BTCUSD price action on this time frame, anchoring pivot points only to price inflection and MACD landmarks, and these aren't calculated by Fib so they aren't technically Elliot waves or anything (AFAIK) but I used those label markers. I color coded it for easier tracking across time (click and drag the chart...

klanedroid

Volatility Index MACD RSI Vdub_FX_Sniper The RSI compression from December ATH still ends on Sunday/Monday. Blue rectangles are downchannel breakouts (1 failed, 2 successful, 1 projected) Downchannels: 1/3 - White; 2/3 - Orange; 3/3 - Red Upchannels: 1/2 - Green; 2/2 - Blue Yellow horizontal lines: We have a situation Red Horizontal Lines: We have a PROBLEM...

klanedroid

The RSI compression from December ATH still ends on Sunday/Monday. Blue rectangles are downchannel breakouts (1 failed, 2 successful, 1 projected) Downchannels: 1/3 - White; 2/3 - Orange; 3/3 - Red Upchannels: 1/2 - Green; 2/2 - Blue Yellow horizontal lines: We have a situation Red Horizontal Lines: We have a PROBLEM If you're getting sick of seeing this...

klanedroid

This is a deep retest of a retest, this is not comfortable territory. This is the downside of a double-top, which was itself near the top of the bubble-pop downchannel off of the December ATH. There's another shallower upchannel that overlaps where we are now, (unpictured) that overlaps with the current price point. Any further decline might become go off of a...

klanedroid

Just saw this as a possibility

klanedroid

Blue rectangles are downchannel breakouts (1 failed, 2 successful, 1 projected) Downchannels: 1/3 - White; 2/3 - Orange; 3/3 - Red Upchannels: 1/2 - Green; 2/2 - Blue Yellow horizontal lines: We have a situation Red Horizontal Lines: We have a PROBLEM BTCUSD moved down the current blue upchannel more than expected, but the relatively low price volatility...

klanedroid

Nothing new here, same story for the last 2 weeks. Just preparing and setting a confirmation/update point on this chart. Blue rectangles are downchannel breakouts (1 failed, 2 successful, 1 projected) Downchannels: 1/3 - White; 2/3 - Orange; 3/3 - Red Upchannels: 1/2 - Green; 2/2 - Blue Yellow horizontal lines: We have a situation Red Horizontal Lines:...

klanedroid

Long retracement could continue, but a token to watch and potentially accumulate. The Gann Fan overlaying the RSI shows several bounces as it works past various resistances, and these are getting higher. Following the downchannels and bouncing off of Fib retracement levels. If BTC goes on a tear in the next few days the next Fib retracement level down for BAT is...

klanedroid

I know some of you cherish simplicity, so here's to that neckline

klanedroid

BTCUSD is still working its way out of the downchannel 1/3 drawn in white from the December ATH. Downchannel 3/3 in red had a failed escape before the successful breakout, and breakout from downchannel 2/3 in orange led to the peak, backtest, and most recent climb. The possibility of hitting the lower half of the current upchannel in blue is fairly high, but...

klanedroid

LEGEND The green Schiff fork is drawn from initial crossover from being oversold to overbought according to 3h RSI, and aligns with price points that have been more bought than sold according to the VPVR. The Fibonacci retracement is drawn from initial major movement to the all-time high. The Schiff fork channel in blue is drawn from the ATH balanced on the...

klanedroid Updated 

tldr: Bearish divergence, RSI could be under compression through March. Bullish for long-term, but as BTC rallies through spring LTC may rise a bit slower. The latest highs can be overlaid with a bearish bat inside of a bullish bat, for what that's worth. I expect the green channel to be dropped and later revisited. Litecoin has been an interesting coin to...

klanedroid

The blue upchannel holds up for now. Vdub Sniper has a sell signal triggered, but sitting at the top of that channel there's a comfortable cushion to drop before redrawing is in order. With the psychological barrier of 10k I'd expect it to keep above 10050, if that's broken, then 9950, and then 9550. Below 9300 where that triple bounce happened on the "we have a...