tsmith370z

tsmith370z

Hourly chart IMO shows that we are about to start wave 5 of an impulse. 1. approaching the point of a small triangle consolidation. 2. RSI looks ready to jump with plenty of room on the hourly. 3 Major support line of this last up trend is at the point of the Triangle. There are a lot of mixed signals in the market right now So I am watching closely for volume...

tsmith370z Updated 

Watching BTC here for a Right shoulder to form in a inverse head and shoulder. will be watching closely for volume to come in at the bottom of the triangle. Always Trade your own TA. I am a amateur trader just sharing ideas while trying to learn. Constructive criticism welcome!

tsmith370z Updated 

Looks Like whales may want to see this price a little lower still before we shoot up. Looking at a log scale hourly chart. primed to bounce between 6.8k-7.1k to the upside of the triangle. June historically has been a good month for crypto and this year could see the same. would like to see a lot of momentum on the bounce and a break out of the triangle. will...

tsmith370z Updated 

Btc broke below the 50 day MA and is now confirming it as resistance. If it can not get back above the 50day very soon it will continue down till around early june, putting us somewhere in the mid to low 7k range. and a ton of resistance. this should see a great bounce. Possibly enough to finally send us back over 10k but will have to re-evaluate at that...

tsmith370z

First chart. This is what A Noob trader with no official education thinks the wave count is (1 years self taught crypto trading).I believe this was a short healthy correction that is coming to an end. If we can see Btc break out of this channel we shall see a fairly quick climb back to 10k. where we will finally break through and head higher to around 10.7kish. If...