Clear as day bear flag on the 1D chart. Next point of resistance? The $120 zone based on the previous TD9 mark. Not too many technical indicators required to see this one. I'm hedging my bets on us seeing one more dump before we see a bounce of any sort. That next bounce hopefully being a complete breakout to the upside. We're slowly inching towards the point of...
Just want to point out that we just printed our first red TD9 mark on the weekly chart since the first week of February in 2015. Almost 7 years ago today guys. Where was the market cap that week in 2015? 3.14 billion Where did we close at the end of that year? 6.54 billion. Where was the top that year? 7.49 billion the first week of November. Ignore all the...
TD9 flashing on the weekly chart... But it isn't a perfect TD9. Stoch and Stoch RSI want to go back up. This short term recovery can go to 50k or the middle bollinger band before we roll over. We have another futures Gap at 49k fyi. But we also have one at 24k. And 18k. And 61k
A comparison. The Ichimoku cloud for LINK on the 1D chart is currently set to flip red this weekend. Taking a quick look at our cloud on the Total Crypto Market 1D chart, our cloud is currently set to flip red as well this weekend. This will be the first time the Total Crypto Market will be turning red since last October/early November: However, if we were...
A comparison. The Ichimoku cloud turned red on our BTC chart starting the 3rd week of May during late April. A foreshadowing of things to come. The Ichimoku cloud is currently predicting a downturn for the Total Crypto Market starting this weekend. This is the first time that our cloud will be turning red since late October/early November (The same as our BTC...
TD9 flashing on the hourly. Support found on the previous TD9. Resistance/support at 15.50 and 16.00 Buy low. Sell high. No fear.