IAmSpartacus

IAmSpartacus Dec 28, 2017

Lower highs and higher lows forming a pennant. This last higher low saw multiple inside bars forming(1h chart), signaling a strong reversal. Will test resistance at around $380-390, if it breaks through, this might turn into a nice break toward the upside, targeting the strong resistance at $477.

IAmSpartacus Dec 20, 2017

Approaching a tough zone of resistance (.030-.032). Additionally inside bars forming on 2h and 4h charts, which signal a reversal. MACD looks very bullish on 2h chart and up, however the RSI is oversold and looking bearish in addition to the volume tapering off. It doesn't seem likely that we'll see it punch through that zone of resistance. Advise watching...

IAmSpartacus Updated  Dec 20, 2017

Have a clear pennant trend pattern forming. This could break through the downtrend line and move upward toward ~$409 or it could potentially break the uptrend line and move downward toward $271 or $194 support levels. (Be aware, I am a novice. Do you're own work and take responsibility for your own trades.)

IAmSpartacus Updated  Dec 19, 2017

Elliot Wave Pattern visible on the 30m and 1h chart seems to indicate a possible fifth wave. If this is true, we might see this one reach beyond .018, maybe even up to .02 and beyond. (Beginner posting, go do your own analysis.)

IAmSpartacus Updated  Dec 18, 2017

We bounced off resistance at .68, but have upward trend crossing with support at .53. MACD indicator reading bullish on 2h and up. Volume was good on the initial move upward. If we rebound off .53 and the volume is strong, maybe there's something here. (This is my first idea post ever. I'm very much a novice so don't take my word for it. )