ryan_fw

ryan_fw Updated 

don't usually post top tier shitcoins here but worth a long at this area. -20% on the day, hit off 0.618 on the pitch fan, why the hell not. worth even a small long considering the volume on exchanges atm for this coin and a bounce thats bound to happen. keep your stops tight and happy trading folks. more of a gamble than anything else so take this as you...

ryan_fw

Just posting for future reference. Pivot points for pitchfan are: #1: 48221.29 #2: 38565.86 #3: 42972.78 Pitchfan was placed while on logrithmic price scale

ryan_fw Updated 

BTC has reacted strongly from this area multiple times within the last year showing that this area of support/resistance is something to be watched. Currently sitting on the 50EMA on Daily chart and also 55EMA on the weekly as well. I'd say this is worth a buy at this price. If we do break down here though, chances of retesting 35k are high

ryan_fw

expecting a decent correction on SOL soon. currently in a rising wedge pattern with bear divs popping up on the hourly and volume seems to be dropping as well. might have one more bounce left in it before it goes for a proper correction. but if this is the top im expecting 225 as a price target for this short

ryan_fw Updated 

Luna has recently been consolidating for a while now but what I can see from the charts is its ready to bounce once again. We have 7 bull divergences showing on the 4HR, a quadruple bottom on the hourly, MACD is slowly shifting to the upside, we are currently within a bullish harmonic and sitting between the 5-618 fib. Looks like a good quality buy to me atm. If...

ryan_fw Updated 

Follow up from my last idea. Could this be the end up this massive dip? We are still within the falling wedge on ETH and can also see a bullish divergence on the RSI on the 4HR time frame. MACD seems to be slowly turning up as well if you zoom in(Be be grasping at straws here), as well as the RSI slowly creeping back up. Ethereum seems to have respected the...

ryan_fw Updated 

Currently seeing ETH in a falling wedge showing us a ABCD pattern which could show potential upside. Being cautious of the H&S seen on the hourly chart which could show more down to come around $1700, will wait for more confirmation before entering a long position.

ryan_fw Updated 

Can see a continuation of more downside for Ethereum incoming.

ryan_fw

Hoping this crab action ends soon for some waterfall short positions. Could still see a small amount of potential upside before it falls out of the wedge.

ryan_fw Updated 

ADA seems to be forming a rising wedge at the moment after its run up over the past couple of days and volume seems to be slowly declining. We had a previous support level of $1.37 which seems to have acted as a resistance after the run up so we could possibly see a price drop on ADA for the time being(Depending on what BTC chooses to treat us to in the coming...

ryan_fw

So, after a good run from $31000 to $41500 in 7 days with multiple resistance breaks there could possibly be a Head & Shoulders pattern forming on Bitcoin as seen on multiple hourly time frames. As of writing this Bitcoin has been heavily rejected from $41330 after breaking through its previous resistance and I believe it will continue to go down after this for a...