philipraytburg

philipraytburg

These are some of the support/resistance levels I am watching. 8400-8800 is pretty critical to hold, otherwise I think it could get pretty bad.

philipraytburg

Volume picking up. Market cycle sine wave looks ripe for the picking. RSI turning back up on the weekly with a crossover. New platform coming out Q1. Inverse head and shoulders playing out beautifully on smaller time frame. Could repeat 2017 at this rate.

philipraytburg

This chart is just for me to look back on. I don't see how you can look at this and short it.

philipraytburg

The weekly for ETC looks great heading towards the airdrop. Assuming BTC stays solid in this range, we should be able to hit the median line at the very least (0.0045). We also formed three white soldiers on the weekly.

philipraytburg

Just a quick idea of a fractal I noticed on the weekly chart. One of the best pieces of advice I've heard was "when in doubt, zoom out." Easy to get caught up in intra-day trading and FOMO. Weekly RSI is bottomed out and we're approaching the end of the triangle formed by the master trend line (bottom yellow line) and downward channel trend (top yellow line). Over...

philipraytburg Updated 

Bitcoin -1.29% on the daily is looking to reset itself further. The 50 day and 20 day EMA have a higher spread, the RSI is overbought, and the MACD is showing some more short-mid term bearishness with the crossover. The master trend line on the bottom is where I think we bounce at ~7500. We might be in a pretty big inverse head and shoulders formation which would...

philipraytburg Updated 

Price of bitcoin couldn't break past resistance at 11.7k and bounced back to 10.2k earlier today. It is currently completing the right shoulder of the H & S pattern. RSI is oversold on several larger timeframes (I am using the 4HR), and MACD is soon to cross over. I am looking to take profits between 11k and 11.2k and later open up a short. Will be moving mostly...