ryanc49

ryanc49

Update from previous idea: Analysis was sh*t hot yesterday, we took a fib from the 2 swing points giving us some key areas to look out for as price was rising. price target was missed by $3 unfortunate but overall insane call. the only thing on the chart which has champed is the 0.5 fib line has became a box, highlighted in green. a new fib has been taken...

ryanc49

Update: new layout - long term time frame This is a new chart here and I don't have much experience with the long term time frames but it will develop as time goes. I have worked out several trend lines and 2 key lines to look out for in the future. start with the good news, this big RED line, taken from the very first high of 2018till now and we have never...

ryanc49

Update, mid term timeframe new layout, lets see how its looking more on the 1hr - 4hr rates there are a few levels I want to look at, firstly lets look at the fib, key level to establish is the 0.5 which unfortunately we have seen resistance and failed to break. in order to look bullish we need to see a break and bullish retest of the 0.5. hopefully we see...

ryanc49

What a day, got wrecked today just like everyone but picking it back up looking for those good spots and sticking to the game plan are essential for progress. Going to switch up the analysis now, going to do 3 posts per day looking at short term, mid term and long term time frames. So can plan for any occasion, one thing I am looking to spot is that break of the...

ryanc49

Update: Dot has been having a tough time lately, since the parachains came out it hasn't seen the same bullish momentum that it previously had been seeing. today is the first day in a while dot has reacted better than btc/eth to a selloff, all day I had been waiting on a reversal pattern forming like a double bottom/inverse head and shoulders, eth made a new...

ryanc49

Update: It has been a while, currently looking at a few things playing out for ETH right now. we have these 2 upwards sloping trend lines and last night we came down and tested the bottom perfectly before seeing a nice volume bounce, unfortunately price has came back down we have gotten a swing failure to the downside eliminating all of the longs and boosting...

ryanc49

Update from previous idea: ETH has had a crazy week, my previous analysis caught me out as well dropping lower than I expected it would, if you zoom out of my chart you can see it almost touching my trend line at 3906. not a great analysis by me here. I have taken a large fib a while ago and my favourite retracement level is the small box between the 0.382 and...

ryanc49

Update from previous idea: ETH has had a volatile start to the week, we are looking at a different ETH chart as my other one is so messy. like yesterday's analysis there are many scenarios that could play out here. best case scenario is we have just came down and tested support of my pennant here and are now looking for a move back up. we broke out earlier today...

ryanc49

Update from previous idea: Looking at a few possible scenarios playing out here, first of all the bearish play would be the M pattern forming on the 1hr/4hr chart, we have held this line of support extremely well so far, looking for a volume bounce which we had the previous 2 tests however we have not seen the volume come in off of this line. we are in the...

ryanc49

Update from previous idea: ETH is still on a tear! previously we spoke about it looking topped out and not to mention the CME gap which is at 4550, we have continued to go up since Friday. luckily my analysis has been on point with support levels, this bottom grey line has been key support before the last leg up and we have just came down and found support again...

ryanc49

Update from previous idea: ETH has played out exactly as spoken about about in the previous analysis. I was looking for a drop below my grey line with a bearish retest in the short term, we got that. usually when this happens on a weekend price will continue to slowly drop as the volume is not there to push it back up, surprisingly today has been extremely...

ryanc49

Update from previous idea: DOT has played out exactly as predicted hopefully a few people have seen my analysis yesterday as this price action would be no surprise to anyone. the grey support line held pretty well today until we finally broke below and got a bearish retest before we then quickly broke below our red sloping trend line. I will look for support...

ryanc49

Update from previous idea: yesterday we were focusing on the red line as support and looking for the green lines as potential price targets, this morning I noticed the grey line as potential support and sure enough price has bounced perfectly off of this level. holding this line is extremely crucial to keeping positive price action, if this trend line is broke...

ryanc49

Update from previous idea: DOT is AMAZING!!! what a week DOT has had it's been so fun trading this, my previous analysis I had bet on DOT going as low as $41.7 and we actually touched $41, annoyed at that call by me however trading with lower leverage at my entries would have put you in a slight loss before making quite amazing gains! it has just been breaking...

ryanc49

Update from last idea: previously we looked at a broadening falling wedge with targets of su [[prt and resistance, if you were to draw the same formation on your charts and follow the price movement the wedge was actually respected extremely well so I hope everyone was building their longs!! we have seen some amazing price action on Eth the past few days I have...

ryanc49

Update from previous analysis: Last time I spoke about Dot I did say I favoured the downside short term and also commented on my buy positions being from $41 down to $39.4, I didn't quite call the exact bottom but I was within 1% of it and all of my buys did get hit which resulted in a scary (for 2 seconds) but very profitable trade. Right now and for the past...

ryanc49

Update: Been several days since I've posted an update on ETH been super busy, everything has went pretty crazy! Last update I was slightly more bearish short term and that is exactly what price done. we came down to my level almost perfectly closing the CME gap I had mentioned before seeing a crazy rise to the upside creating new highs. my trades went...

ryanc49

update from previous analysis: previously we were looking at a rising wedge for DOT but a break to the upside actually looked favourable, we done exactly what I mention on all of analysis's which was a swing fail to one side before a sharp drop the other direction, I marked the bullish target on that analysis but we actually came down and perfectly met my bearish...