tired_man_willis

tired_man_willis

ONT looks to be forming a cup and handle. Accumulation has been going on for the last week. These are the levels and projection that I believe will occur.

tired_man_willis Updated 

Possible Elliot Wave for ONT. Look for more volume to come in, the RSI has cooled off and I think we are getting ready for that final leg up before the big sell-off. Things to note, on the 15m chart, there is some bullish divergence on the RSI so let's see how it plays out over the next few days. A move to retest those ATH would be 26%.

tired_man_willis

Looks like a possible Head and Shoulders is forming on the 4 hr. RSI is floating around 53 with the MACD about to show some downwards momentum. Volume is not looking too great right now, I've set some stop losses and am waiting for this to play out.

tired_man_willis

So, I want to start off by saying I'm still in some alts atm. Though I did take profit and am mostly in BTC atm. BTC had that big volume push come through (it may be a Bull Trap but who knows?) and we broke out of that descending triangle so that is honestly great news. Anyway, this is what I expect to happen as BTC has seemed to have formed a channel. I...

tired_man_willis Updated 

Short term play on what will happen if the next candle doesn't close ABOVE THE 30 EMA.

tired_man_willis Updated 

I made a post yesterday about ADA possible forming a cup and handle. It looks like it's playing out as I planned. RSI is at 60 with the EMA's crossed over with candles closing above. Volume is ok but I want to see more right now.

tired_man_willis

Pretty standard looking Cup and Handle on the 4hr. RSI is looking healthy, we just need some volume to push it through. It'll largely depend on how BTC performs over the next day or so. If BTC stays steady, then the chances are higher for the breakout whereas if BTC drops and breaks support at $6.5-6.7k then it'll drop.

tired_man_willis

WAN has seemed to have run out of steam. As you can see RSI is showing Bearish Divergence, Volume is starting to wind down and we have multiple FAILED attempts to break that resistance level. Here's a Fib Retrace on the 1 hr with some Support/Resistance levels slapped on. I plan on scaling back in sometime next week. Happy Trading!!!

tired_man_willis Updated 

So BTC is finally coming down to this critical point. It's been on that downtrend getting tighter on the 4hr chart. Over the past week we've had Lower High's but we've also had Higher Low's. (Hence why I said it's tightening up). RSI is showing some bullish indicators too as you can see. EMA's are almost caught up too so all we really need, imo, is some volume...

tired_man_willis Updated 

Daily Chart looks to be tightening up. 420 sats is that former resistance/now support level where the price keeps dropping to after pushing past it a few weeks ago. That being said, higher low's are being formed. I expect a move within the next week to the upside.

tired_man_willis Updated 

Possible C&H on the ADA 4hr chart. RSI is looking to cool off on this next candlestick which will theoretically give ADA room to grow once more buyers step in. If BTC holds I think we will see the completion of this move within the next few days. Keep eyes on.

tired_man_willis Updated 

I moved into WAN yesterday and have been waiting for a little breakout. It looks to be forming a cup and handle on the 4hr and on the 1hr we have a nice little break above the EMA's. I'm expecting more volume to pick up this evening. Those 2 resistance points are my target profit zones.

tired_man_willis Updated 

We have a Cup and Handle forming on ONT. Major resistance is .00035. Set your alerts and standby. If it breaks, it has a good chance of flying since it'll be a new ATH.

tired_man_willis Updated 

Right now, I'm looking at a possible Inverted Head and Shoulders forming on the BTC 4 hr Chart. If it can bounce off of that $6500 area and break the neckline up then we can a change in the trend if we get enough volume. That being said, I still think we have another leg to the downside and will remain bearish until we get that final dump.

tired_man_willis

I've taken the liberty to drop some support levels for BTC at some nice psychological numbers. Now, the reason for making this post is because I've also measured each dump and applied it to this one. On average, we get around a 43% retracement. That being said, a 42% on our current dump would put it around $5k. It may not drop to that price specifically but...

tired_man_willis

BTC has hit that .61 on the Fib Retracement. If we can hold here that would be great and an ideal area for us to consolidate at. If not, we can see $8k followed by $7.5k. However, there is also the possibility of forming an Inverted Head & Shoulders pattern.

tired_man_willis

Marked the Resistance and Support Levels I'm looking at for the short term. A full retracement to that 2nd support is 12% which is very reasonable in crypto. I'll be monitoring both as I look for another entry point. Currently waiting for the RSI to cool down and the Volume to pick back up again.

tired_man_willis

It had that little breakout from 405 satoshi's but couldn't push past that resistance at 420 which I had posted yesterday. Right now I've drawn out the "BEAR FLAG" and have measured the % retracement from 420 to the bottom of the first leg down at 386. Then I measured from the peak of the flag at 397 to the next support level. Both measurements equal to around...