tomm.giannessi23

tomm.giannessi23 Updated 

similar time cycles between this and previous bull run. If we count purple time cycle we have almost perfectly the same amount and bull run it's over. Green time cycle says we have some more time for bull run. But price seems acting as previous bear markets beginning. Breaking weekly ema 21 and touching ema 50. Both previous crash price couldn't break to the...

tomm.giannessi23 Updated 

too obvious?

tomm.giannessi23 Updated 

for personal use

tomm.giannessi23 Updated 

As we can see the price fell back under the downtrend line. Sign of Bear trend A weekly 20MA is showing downtrend too (not shown in chart). We can spot possible trend reversal zones. Fib 61.80% zone (7900-7800$) Fib 78.60% zone (7300-7200$) Uptrend line of the triangle. (6800-7000$) Ps: The breakout of 8167$ level (fib 61.80% of major fib retracement) could be a...

tomm.giannessi23 Updated 

We can se another downtrend line now. Price reached the daily MA200, found resistance and couldn't break it with upward movement. Price could find resistance in the 7700-8160$ price zone, where we can find: - 61.80% fibonacci level of the major bullish structure /grey one) - the 50% fibonacci level of the latest bullish movement (red one) - the previous...

tomm.giannessi23

A bearish divergence between BCHUSD price and RSI indicator is formng in proximity of level 23.60% fibonacci of last major bearish structure. Doji is forming too. signs of trend reversal. possible targets are in the 1150-1000$ zone.

tomm.giannessi23 Updated 

This idea is based on Masterluc famous chart. My trendlines are a bit different but we can see many correlation in price movements. At the moment we are in a support zone formed by the MA50,the ascending trendline and 461.80% of the huge fibonacci retracement. I drawn just three of the infinite possible move. The bearish one has correlation with the bearish...

tomm.giannessi23 Updated 

Looking at the log scale of BTCUSD daily we can see the price still under the major downtrend line. At the moment the price is fighting the 61.80% level of the major Bullish structure. To me to consider BTC bullish again we have to see prices out of the MA50 and the downtrend line after breaking out the Fib 61.80% Anyway MACD, and RSI over 50 , supports bullish...

tomm.giannessi23

EOS moving in channels. Bigger channel (red) longer term bullish, smaller channel (purple) shorter bearish. Previous wave movement could repeat in the last one. So i would consider good entry points the Fibonacci retracement levels around 7.64$ and 7.19$ and i expect upward movement when price is near the red channel upward trendline. Pay attention when price...

tomm.giannessi23 Updated 

We can se the false Breakout of the previously mentioned 61.80% fib level at 8167$ that now is again a resistance level. RSI is in a possible reversal zone, and the price could be forming a Head & Shoulders pattern. Multiple 4h close under 8167$ could lead to a retracement. The target of the short term bearish retracement could be 7607$ that is 50% fib levele of...