pto1026

pto1026

The thought process is simple, it opened ridiculously high and only fell, while being entirely out of the previous range. This is the beginning of a very likely short term pullback that may last as little as 20 minutes tomorrow morning. But these often Provide multiple waves to ride down through the day. And the pattern is there on daily charts too which is a plus...

pto1026

The 2 hr or 144 minute charts are one of my favorites. You can see bitcoin is still making higher lows and is close to breaking 41k. The higher lows indicate demand continues to get stronger and stronger, therefore whenever bitcoin turns down it is challenged at higher and higher dollar values. This is another indication of accumulation and a coming markup. ...

pto1026

Wyckoff method dictates that effort and result are inextricably linked. For instance if the Effort = Result than the price movement is backed by smart money and is warranted. However if the price movement is not backed by the same effort, than this can be an indication of a coming reversal. So what to look for. If the price is increasing/decreasing,...

pto1026

As predicted, the higher lows during consolidation were an indication of accumulation. Now to see if Bitcoin can break its 36k resistance level.

pto1026

Bitcoin has maintained its most recent bull run the last few days. And continued higher lows signal the pauses are Wyckoff accumulations followed by volume (effort) and continued mark-ups (result).

pto1026

Bitcoin is stuck in a new 1hr trading range. Current PnF count shows indication of movement back to 36000 resistance levels is warranted

pto1026

Bitcoin has been trending down but here on the 2 hour chart I have outlined support and resistance levels of a possible new Wyckoff accumulation trading range.

pto1026

If we ever see a SOS sign of strength from Bitcoin, which we will its just a matter of time, I predict Bitcoin will tackle $90,000 based on PnF count and Wyckoff Accumulation models. Let's go through the 9 tests for Accumulation one at a time, then I will explain the prediction. 1. Downside price objective accomplished -- Bitcoin's downside projection from it's...

pto1026

Elliot wave theory states that the first wave of a five wave impulse move is a Wave 1 in the direction of the trend, and then a Wave 2 is a correction, the only requirement being it can't retrace the entire Wave 1, meaning higher lows. So yes BItcoin is stuck in it's horizontal triangle formation, it is consistently making higher lows at this point and we all...

pto1026

These are the excellent entry times for cryptocurrency. Ethereum has dipped significantly and is severely undervalued. I don't have any in depth wave analysis or patterns to highlight in this post just a solid buying opportunity.

pto1026

Matic is a sold hold right now. Even while bitcoin and ethereum are well below their highs, matic continues to gain and gain. That's why we buy dips. Just a day or two ago matic dipped to around 1.50 and now look at it.

pto1026

Bitcoin, one of the top performing assets of all time, is currently on a strong bull trend as is indicated by the gap between the 20 and 200 sma on the daily chart. Furthermore, the current retracement has placed bitcoin's value at a 30 day low and the price is halfway between the 200 sma and 20 sma. For me this indicates that whatever short opportunities were...

pto1026

Doge has formed a bottom to the most recent dip, if you haven't gotten in yet for this trade, it's not too late. I'm predicting dogecoin will hit $0.56 by the end of the day, midnight GMT. It is forming it's traditional stair step pattern and is breaking higher highs and higher lows.

pto1026

Ethereum is in strong bullish trend on both 4h and 1h charts. The 1hr chart shows some retracement of the trend. It is still above the VWAP and a solid buy overall, but as a trader, I am waiting for either Eth to show further retracement below the VWAP before midnight GMT, or for bullish confirmation candles. If I end up waiting till midnight GMT, then I watch...

pto1026

At this time Ethereum and bitcoin are up, Ethereum is up significantly like 10% over 24hrs. However Ada, this little altcoin is lagging and very undervalued. As you can see on the chart it is nearing a finish of it's retracement of it's 20 sma, and is a strong buy. The first price projection is $1.75

pto1026

Bull Flags are common trading chart patterns for day traders and all traders alike. The spike in price is associated with volume and forms what looks like flags. This chart on a 2 or 5 minute chart shows at least 3 bull flags. There are many ways to trade a bull flag but they are a very easy to identify trade if you learn the patterns. It is green bars...

pto1026

Dogecoin aint done. And I called it.

pto1026

Ethereum continues to be very bullish with the price maintaining the VWAP Nicely. More retracement of the 4H 20SMA is likely warranted before the price continues to climb.