oldstout

oldstout

Details at chart. Looks like we're going down from triangle with nice fakeout 18th. If price won't come back above triangle upper trendline soon, targets would be at .618-1 fibo retrace. If breakdown is not fake, upper triangle trendline should act now like a resistance. Chart suggesting SHORT sentiment but it can go back up soon or go sideways without any clear...

oldstout

Finex made a breakout but Okcoin is not. Expecting correction soon. Targets at trendlines and fibo levels. 100 and 200 hourly EMA following trendlines. If 5 is top and C will end at trendline around 320$, big HS can be formed (1-5abc as a head)

oldstout

Here's few ideas about ETH now. Inverse HS is pretty easy to see. Same as less power of downtrend (look at 100 and 200 ema). Going above 100-200 ema would establish potentialstrong bullish wave. We can be in a bottom of bigger formation similar to c&h. Targets for 3rd and 5th wave can be fibo levels (or near to fibo): .236 and .382. Green is potential target of...

oldstout

I see possibility of ABC now and HS pattern. Maybe great time to short?

oldstout

Just to remember. That was awesome :-)

oldstout

ETH is just before breaking downtrend line. Inv unregular HS is easy to see***. Neckline as a actual downtrend line. .0043-.0045 price is acting good as a support. We can also see that triangle is about to end soon. Buy support is rising at poloniex and whole price actions looks like it's not going to crash soon. Bullish short/mid target is attack to actual ATH....

oldstout

I wonder if this count is good. I see B as a main resistance in new potential cycle - maybe B - around 0.007 would be top of 5th wave of new cycle? Any ideas?

oldstout

Trendline broken. If we won't go up next hours, I see possibility of HS pattern. Very nice and easy to see support and resistance: R1 top of LS R2 Head S trendline (broken but can come back quick) S1 neckline S2 ~1700 level Another bearish scenario is falling wedge. Next 2 days are very interesting:-)

oldstout

Bull scenario with 2 HS. Open position: now, asap. Take Profit - necklines - and if we break bigger HS neckline, 300$ or even higher! SL- down from HS All details at chart. I don't trade that but publish idea for bulls. Pretty interesting tactic imo. But it would be too nice to happen lol. Good luck with trading!

oldstout

Few clues: -look at first support line (start ~223$); each time we touched line price went up hard with rsi>70 -this strong bullish trend doesn't care about RSI, so we see bearish divergence -we jumped into 2nd support line and made 2 HH -now we're touching line 3rd time, so we "should" make solid bounce and form right shoulder of HS (left shoulder started with...

oldstout

Interesting HS with 2 bullish hammers and 2 bearish hammers. We "should" bounce here with inv HS and target 292$ but China is still very bearish and only few cny above last low 1763cny. We can see falling wedge... Probably with bearish ending. Chart looks very bearish for me, it's trend reversal type chart. Ofc go long now is a solid idea, but I guess we'll see...

oldstout

We're now in smth like rising wedge pattern and (much psychological) resistance is 300$. If we won't break 300$ soon, I see posibility of LH triangle with 275-280$ revisit. Market should adjust itself with bearish div 1 to 6h. Good short idea might be SL 299.9$ and TP low risk 290, 285 or maybe even 275-280$. Good luck with trading. note: 300$ fail attack is...