bgeraghty

bgeraghty

Looking at the current reaction to price at the 9600 levels, and taking a step back to the weekly chart, it seems possible we could see a retrace back to the top of our downtrend some weeks in the future, as a more proper re-test of it than the one we see on shorter timeframes. ( ). Going to keep this chart posted publicly to keep an eye on what happens next. ...

bgeraghty

For those unfamiliar, a Wyckoff throwback is a rally back up to the floor level of the distribution zone, which in our case would be the Descending Triangle pattern we saw from June to late September. Here is a simple illustration of that: school.stockcharts.com The very old trend lines in yellow can be seen respected well by the pump, which I believe was...

bgeraghty

This original idea posted on August 25th seemed to hold pretty well in terms of support and resistance trend lines. Currently, there is a strong support appearing at around the 7150-7250 area. Lets see how it holds up. Good Luck out there!

bgeraghty

Hi All, BTC is clearly on a downtrend with a lot of fakeouts in terms of a reversal happening in the past week. I am looking to the yellow Moving Average line, the 55-Hull Moving Average from the 4-hour chart timeframe. Posting this chart to monitor activity as it is very close and testing that resistance now.

bgeraghty

Trendlines from the current high to several of the subsequent highs, roughly translate to a Fibonacci time retrace chart scaled to fit along the bottom of the descending triangle pattern. A very interesting thing to note is the price action in respect to these channels of support and resistance. Some follow a ping-pong pattern down, and others cut across wasting...

bgeraghty

BTC's overall upward trend after Q1 2019, which seem to be riding on 3 distinct trend lines from January/February/March of 2018. These are 50/100 period pivot trend lines. The overall shape of this trend does appear to resemble a head and shoulders formation. Is it about to break down and fall hard? On the 4-Hour, we are on the bottom of a perfectly...

bgeraghty Updated 

BTC Looks to be hugging the red ichimoku cloud bottom and on a downward channel trend. If a bullish engulfing candle into the red cloud occurs, set stop loss to slightly below the cloud bottom, and enter a long with a target of the top of the red cloud, or slightly below it. If there is no strong cloud entry, and a breakdown happens of 10350 (teal), look to...

bgeraghty

BTC has fallen through support of the 8HR Ichimoku Cloud (Red). Now from within, has tested resistance at top of cloud and failed. Volume is tapering off, particularly buy volume.

bgeraghty

Some potential outcomes based on BTC resting in a Liquidity Zone. The entire pennant could also be broken down from here as well.

bgeraghty

BTC appears to be in a pennant pattern. A break to the upside or downside could be the difference between 8k region and 11k. For now, buy zones (green) and sell zones (yellow) are set based on pennant swing pattern.

bgeraghty

*See Chart