OneTrueSloth

OneTrueSloth Aug 29, 2019

There is still a potential bearish Cypher pattern that could form for BTC and bring some bulls back to break-even prices before the downtrend continues.

OneTrueSloth Updated  Aug 22, 2019

Just reached the PCZ of a bearish Gartley. Target level ~$250 (1.618% retrace, and key support). Does it have the momentum to play out?

OneTrueSloth Aug 22, 2019

There is a bullish cypher forming which could indicate a reversal to the upside around $8.85.

OneTrueSloth Updated  Aug 22, 2019

VIX is in a post-bearish-Gartley downtrend. The target level is around $14.00.

OneTrueSloth Aug 15, 2019

We are forming a similar pattern on SPY to what was happening in mid-May, where the price dipped to around $274 before recovering.

OneTrueSloth Aug 14, 2019

There is bullish divergence on BTC 4h chart, indicating a possible momentum reversal. People looking for a hedge against the falling stock market might be looking to push BTC higher soon.

OneTrueSloth Aug 14, 2019

If we reverse to the upside at this level, which is a 0.618 retracement of our previous impulse up, it could carry us to higher prices (~$12,000) and play out as a bullish Gartley pattern.

OneTrueSloth Aug 10, 2019

There was a bearish breakout from the pennant but there is still a potential bullish Gartley . I would like to see a reversal in the $10,900 zone if $11,300 support does not hold.

OneTrueSloth Aug 9, 2019

Ford has formed a double top pattern, which has now back-tested the valley as resistance! Exciting stuff.

OneTrueSloth Aug 8, 2019

There is a line of resistance for TSLA that would complete a bearish crab formation.

OneTrueSloth Aug 8, 2019

Since BTC has just broken the uptrend line it appears to be forming a bullish Gartley pattern.