CryptoWolfPack

CryptoWolfPack Updated 

Looks to have bottomed out, higher lows starting a new uptrend with cup and handle reversal forming here wolves, still awaiting confirmation on the handle. Entry point: 0.00001150-1250 Target 1: 0.00001400 Target 2: 0.00001800 Target 3: 0.00002000 Target 4: 0.00003000 Stop loss: 0.00001000

CryptoWolfPack Updated 

TRIG Entry point: 0.0001000-1060 Target 1: 0.0001100 Target 2: 0.0001250 Target 3: 0.0001500 Target 4: 0.0002000 Stop loss: 0.0000750 TRIG looking very nice, triple bottomed, now forming higher lows, bull wedge formed and breaking out - looks ready to make some serious moves.

CryptoWolfPack Updated 

If we zoom out to the 1D chart, you can see we have just been rejected from the descending triangle resistance (red) once again, if we break the 0.618 fib support we are headed back to the longterm wedge support at 6400 (yellow), next support is double bottom at 5900 (green), then 5400 historic support (purple) and worst case the bottom of the descending triangle...

CryptoWolfPack Updated 

Head and shoulders has broken up, could see it test the long term wedge if we can pick up in volume. With Cobinhood listing coming today we could see this give us the fresh volume needed. neonewstoday.com

CryptoWolfPack Updated 

Just bounced off wedge support, should test the top resistance once before breaking out. Entry- 0.00002000-0.00002200 Targets- 0.00002790 - 0.00003099 - 0.00003989 - 0.00005093 Stop loss- 0.00001900

CryptoWolfPack Updated 

Alright wolves, I am still 100% bearish here and solidly believe we will reach 6k before recovering. However, how we will get to that 6k double bottom is what we are discussing today. Lets jump in - As you can see I have mapped out 2 routes for BTC on this chart, each relying on the direction the current bull flag that we have formed will break. Route 1 - If...

CryptoWolfPack Updated 

LTC/BTC looks to be moving down the trend channel here wolves, Bear flag forming on the 1h, easy pickings for a short. Entry: 0.0174-0.0176 Targets: 0.0172-0.0170-0.0167-0.0158 Stop Loss: 0.0178 Move stop loss up to entry point once T1 has been hit.

CryptoWolfPack Updated 

Alright wolves, we broke the fib support briefly but recovered quite fast, it seems to be holding up for now and we are forming a bear flag. From here we will see some more sideways movement before breaking down to the 6400 long term wedge support (RSI and MACD both reading bear) We will then bounce up and test the descending triangle resistance once more at...

CryptoWolfPack Updated 

BTC found support at 6550 and bounced a little earlier than expected, I still believe we need to retrace to at least the 6400 wedge support (possibly to 6000) before we have a shot at breaking this long term downtrend. We now have a bull flag forming on the 1H MACD just crossed bull, RSI also bull. We might see a bounce back up to around 7k - this just seems to...

CryptoWolfPack

Alright wolves, although we didn't quite reach the 6400 support, everything seems to be going as predicted - a bounce back up to the 7k mark to test the long term descending triangle resistance, the higher lows I have marked with the black arrows would suggest bullish, however, the lack of volume wont be enough to get us over the line. IMO a rejection down to...

CryptoWolfPack

Short coming along nicely wolves, after a lengthy battle between bear and bull, the bears have come out on top with BTC breaking down from the bear flag as predicted and now testing the 6550 support, going to move the stop loss up here and take some profit, next targets are 6400, 6250, 6000.

CryptoWolfPack Updated 

ETH/BTC looks ready for a break out - watching this one closely, testing the wedge resistance as we speak, solid long opportunity if break the wedge and consolidate at 0.056. Possible repeat of previous wave (highlighted).