thatdonfc

thatdonfc

We have what looks to be a bull flag forming on the BNBBTC chart. Target .0029 SL .00267

thatdonfc

Bearish divergence is playing out on a few different timeframes. We can see clearly on the 1hr that COINBASE:BTCUSD is losing steam. A further pullback is likely from here.

thatdonfc

We are currently looking at bearish divergence on the 1D BTC chart. MFI has been steadily declining while price continues to rise. Another bearish sign. We're sitting right on top of the $13k psychological resistance. My guess is we have a pullback here back down to the $12.6K/$12.3K levels.

thatdonfc

Looks like we had a nice breakout of the consolidation triangle that formed on the BTCUSD 4hr chart. The volume on this move does not have me convinced. We were not able to break past that 12k resistance once again. Watch out for a possible double top scenario here. Average daily volume has been steadily declining. I would like to see the daily volume for todays...

thatdonfc

We're seeing some serious consolidation here on the BTC 4hr chart. We are at a key resistance zone from 11.4k to 11.6k. We also have a 4hr squeeze in play. MFI has been steadily increasing over the last 8 or so periods. Volume is not what I would like to see for a breakout. If we are to see a breakout we would need to see a significant increase in volume over the...

thatdonfc Updated 

Originally noticed on the weekly chart. Looks like we might have a very long term cup and handle forming on the LTCBTC Daily chart. Watch for a rebound above the 50% mark from the top of the cup. Pattern is invalidated if .0116 level does not hold.

thatdonfc Updated 

LINKBTC is at an interesting point right now. We are right at the 200ma on the 1D chart as well as touching an upward trend line which could act as support. We are also right on a solid support at 9360. RSI is at 31 ready to fall into oversold territory. We have seen 6 days of consistent sell volume and are down nearly 30% since the last high 10 days ago. I will...

thatdonfc

Potential bear case can be made for TRXBTC here based on previous price patterns.

thatdonfc

Looks like we have a decent cup formed on the daily chart. Let's see if the handle forms in the next couple days. Rsi is around 70ish. Should see a little downward pressure before going back up which would confirm the C&H.

thatdonfc Updated 

30 day sideways action. RSI under 50. Looking for a breakout.

thatdonfc Updated 

Testing to see if this theory is correct. It looks like the stock psi cycles every 3 hours. Check back at 2100 pst.