speaking_tree

speaking_tree

Btc is forming an Inverse Head and Shoulders, but volume doesn't look good. I have 2 possible scenario: 1) btc will break up from the H&S with decent strenght and volume: target could be 9850-9900; 2) btc will go under the red line and the target could be 9450. I will trade one of them, if my coinditions will get triggered.

speaking_tree Updated 

I think that an h1 close under 7080 it's good enough to open a short with 6800 as first target and 6600 area as second target.

speaking_tree

If DJI drop, first target is 22700-22300 area; second target is 20900-20300 area. All indicators are showing weakness during the last rise, so I think it's time for a little short :)

speaking_tree

As you can see, we have a bearish pennant here; the target is around 6700 and at 6650 we have level 1.618 of Fibonacci, so i think that 6700 is a good area to have a take profit for a short.

speaking_tree

In the actual PA, we have similar patterns of the past days. I think that we will have distribution with 8200 as target. Everything is on the chart.

speaking_tree Updated 

If btc will close h4 above the black trendline (7400 area), could rise to 7800 first and 8500 then.

speaking_tree

Rectangle blue is bullish target (7800$). If btc will go up the actual trendline (7400-7450), could reach 7800$. If btc will go under 7150, we have a first support at 6950, then 6750 (red rectangles)

speaking_tree

Everything is on the chart :D

speaking_tree Updated 

At the moment it's only an experiment. At the green vertical line, price should reacts and change direction-->PIVOT

speaking_tree

Blue= accumulation Green= mark up Yellow= distribution Red= sell off Here we have a complete Wyckoff cycle (from december 2018) and a smaller cycle. I think that we had the sell off and a first accumulation phase and now btc could be ready for another mark up (green). - I expect a trend reversal from tomorrow; - I expect a pump 21-22 november; - I expect a...

speaking_tree

Indicators in LTFs show that during the dump we had accumulation. Bears went weaker during the dump and looks like people started accumulating during the dump so i could expect a little rise in the next hours. We had a low, the the low was raided so a possible Quasimodo pattern could be formed. For a complete Quasimodo, btc now should rise to 9050, then dump to...

speaking_tree Updated 

If btc won't do violent movements, eth should rise easly 8-10%. On the daily, we have the ichimoku cloud as support + eth touched level 0.618 of Fibonacci and is sitting on a S/R area.

speaking_tree

Trend based Fib. time show that we are near an important trend reversal. If the price breaks the black dashed line, i could expect 0.0081-0.0084 as first target (mid term) and 0.011 as second target (obviously there will be corrections during the uptrend).

speaking_tree

Right now btc is ranging. 9050 is an important level to hold (bitstamp price). From this level, we could see a bounce, to 9400-9500. If 9050 won't hold, next area of interest is 8900-8750.

speaking_tree

Everything is on the chart. If eth closes the daily above 180$, first target could be 205$, then 220.

speaking_tree Updated 

After the drop, btc is showing some bullish stuff on the h4 chart. - A possible quasimodo pattern is forming. - Mfi shows bullish divergences - DI+ was rising while price was falling---> bullish - DI- is at the same level while price was falling ---> bullish - ADX is going down while the price is going down ---> bullish - ADX is crossing down the SMA: this means...

speaking_tree

At this point, btc needs a big push from the bulls. Volume shows no interest in buy and this could be so fucking dangerous... If btc get rejected now, will go at 7800 first, then who knows? At this level better to be out of positions. Keep calm and wait.

speaking_tree

As you can see, the fractal i posted days ago is going on!