Steezy702

Steezy702

Could see this pattern play off

Steezy702

Bearish Tk cross over about to happen inside a cloud, very strong indicator of a bearish market. The price is also below the cloud another bearish indicator

Steezy702

Strong resistance level we are currently sitting at. We could see a pull back to the 50% Fib level

Steezy702

Looks like a bearish pennant formation. Trade the break

Steezy702

I believe we will see the price range between the .618 and .786 fib level for a bit. Once the .786 level broken we will be retest the 1220's

Steezy702

Pretty clear Kumo Break with lagging line starting to cross the cloud. Very strong Bearish indicators here: TK Cross over, Kumo Twist, Kumo Break, and Lagging line breaking the cloud. My target will be the .786 Fib Level

Steezy702

During the first initial uptrend we had Brexit taking place, we saw a huge swing in price to the upside, then a dramatic move to the downside followed by consolidation. Volume was slowly decreasing over a period of 45 days leading us in one more fall in price until it finally started moving back to the upside. Now we are seeing a very similar graph with very...

Steezy702 Updated 

Looks like its gunna keep going down after this 2 hr head and shoulder pattern formed

Steezy702 Updated 

We just recently broke the Tenkan support line, at this point if you are not already in a shorting position I recommend waiting to see if price hits 1995-1994 before actually entering a position. As of right now there are some solid bearish indicators: Double Top formation, Lagging Line inside of price, 1 day MAJOR resistance level, Broken 4 hr Tenkan, seems...

Steezy702 Updated 

Wait for price action to break cloud before entering a short trade. Main support level could possibly hold up the price but the way things are looking in the US, I personally dont see it

Steezy702 Updated 

We have all kinds of bearish indications here: Shooting star, Bearish TK cross over, Kumo Twist, and lagging line inside price. The graph pattern I personally see is a Rising Wedge. All of this analysis is purely technical.

Steezy702 Updated 

The USD is not looking good on basically all pairs right now. There is a lot of uncertainty in the United States with the recent transition of power. The country is completely divided with riots everytime you turn on the TV. The technicals are supporting the sentiment, and I just can't find it in myself to Long the dollar

Steezy702 Updated 

We held the fall to 1200 pretty nicely, things are still looking pretty bullish. Target is around 1230 watch how price reacts to that level of resistance

Steezy702

Pretty risky time to be trading Bitcoin right now. We must wait for direction before making any decisions. Bitcoins direction will be identified in the next Support/Resistance break. Wait on this one guys

Steezy702

Overall on a 1 week time frame Oil is looking pretty bullish. Seems to me like a long term hold. On a other note everyone should take into account Gold and oil are positively related. A rise in oil prices is an indication of bad times and gold prices rise correspondingly. Gold and stocks are negatively correlated. If stocks go up, gold goes down and vice versa.

Steezy702

Looks pretty bearish all around still, we have a 1 day kumo break and TK Cross over. I do not see a reversal in trend happening. Most likely still safe to short but wait for a pull back to resistance levels

Steezy702

We have the price going slightly below the cloud along with a counter trend line break on the 1 day graph. We are at a strong 1 week support line, so we will have to see how the price reacts. The candlesticks are not giving us any clear indications on how it will react to this level. On the market open we will have to see in what direction it wants to go.

Steezy702

Bullish Signs: -Cloud looking bullish, -Fractals looking bullish -Trend making higher high and higher lows -Bitcoin currently crashing giving altcoins opportunity to grow -Downtrend started in October broken - 4Hr Kumo Break -Lagging Line above price Keep in mind price could do a reversal on this 1 day resistance level but with the drop in Bitcoin i dont...