Backtesting for the Vortex Oscillator tool, I didnt make it to be used on the daily candle timeframe but it did very well on this chart. Its designed for 3 to 6 hour candles but depending on the market it can work on much longer timeframes. You can change the backtesting range if required but I like to keep it on this range so that I can compare the results...
Looking for the wave cycles for LSKBTC to find potential entry points, if the botom of the fibonacci continues to act as support untill December 2018 then this could be a good accumulation zone to buy into. The other highlighted fibonacci levels can be used as sell targets if we see a bullish reversal and uptrend. Any thoughts and ideas are...
The inverted H&S neckline resistance has been tested alot, and now the trendline is growing closer to the support level. It will be interesting to see whether it breaks the support or resistance. Not intended to be financial advice, do your own research etc Peace, Biffy
I anticipate that etherum may now stop reacting to the price swings of bitcoin, and have better liquidty, due to the recent slaughter in ethereum's price. The ethereum price has now hit a clear support zone so it will be interesting to see how the alt coin will progress in terms of price swings. We also have a 123.6% fibonacciI retracement which I find unusual....
Thought there might be some interesting patterns here so here we go, i'm not buying into this yet but i'll be watching this chart to see if the pattern is correct nfa dyor etc Peace, Biffy
I see a huge pennant forming, in the chart I am trying to predict when it may breakout by using the time axis fibonacci to identify full (breakout - breakdown - flatline) wave cycles. Disclamers, not intended to be financial advise. I'm not holding any XLM at the time of writing. Let me know you thoughts, I'll try answer any questions if there are comments. Peace, Biffy
hoping eth will bounce back in the next couple of weeks, im not holding any now but if the pricec onsolidates in the purple square i speculate that a bull run may be possible in the early weeks of october was going to keep the chart private but what the hell :) any thoughts welcome
I was taking a look at some fibonacci levels and cycles after seeing the idea by B.K. linked below, there does seem to be a pattern here so im going to be watching the 0.382 and 0.618 fib levels to see which of them the brice breaks through. Any thoughts? Not an expert :) d.y.o.r, n.f.a. Biffy
Will be interesting to see the long term play out on this chart, I beleive that it is possible that the price may reverse around the end of September as indicated by the time fibonacci (blue pillar lines). If the price fails to break out by the mid-October then I would consider this idea invalid. If the price rallies into an uptrend before this time, I would...
The chart is drawn from the crossover triggers on the 'Wave Comparison' indicator, the purple line in the indicator shows how far above the BTC/USD close is above a long moving average (234), the red line (horizontal one in the indicator) shows how far above the number of SHORTS on Bitfinex are above the same moving average on the same time resolution. I have...
having seen some life recently thought id better take a fresh look at the iot/btc pair; i speculate that we may be in for a reversal at the end of october... it will be interesting to see how the price interacts with the fibonacci levels in the next couple of months.
The decentraland project is one which I have been looking to invest in recently, unfortunately the technicals dont look good in the short term so I have made this chart to identify where the price may consolidate. You can see from the comparitive history that usually MANA is resiliant to the price swings of bitcoin, which is what I personally look for in alt...
Hi, This chart shows the decending trendlines which are acting as resistance at the moment. My outlook is that the market will remain brearish untill these resistance lines have been broken through... there is support at $0.90 - $0.96 from the previous lows but this support has already been tested multiple times; I beleive if the price comes back to this level...
I've been keeping an eye on stratis over the downtrend and there are now some convincing signals which may indicate the downtrend is over, the formation of a triple bottom shortly followed by an inverted head and shoulder pattern ususally indicagtes a reversal. I'm not holding any Stratis at the moment, but waiting for signs of a bull market; which I beleive we...
Made this for a friend so thought I'd share (not financial advise). IOTA / IOT has formed a pretty convincing bottom which would indicate the beginning of the next wave cycle, though this should be confirmed by trading volume... which at this point hasn't really been confirmed. I'd keep a tight stop loss just below the previous low point as inidicated on the...
its been a while since i posted a chart so sharing my thoughts on ETH's little bro ETC, wondering where this wave might take us :)
Woke up a little late this morning, despite the breakout on the dollar chart i'm still bearish on this trading pair as we have seen a consistent downtrend since the April high point. If the chart breaks the trend then we will see, but for now I remain bearish on dollars.
If we break the next resistance we could have a very nice weekend indeed, i'll be keeping a close eye on the rsi indicator to see if it holds above 50