BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD
Rationale for entry..
The reversal from the falling wedge on good volumes ,
The 5/13 dema cross on the uptrend,
The RSi in the oversold zone
And finally the Bryce Gilmore classic butterfly with an uncommon AB=CD pattern doing reversal from the PRZ on the back of good volumes...
In short, a feast!
Take profit is...
COINBASE:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD OKCOIN:BTCUSD
A bearish gartley on the back of a bullish momentum price divergence..
This is a good opportunity to trade..., may trigger a breakout, although the bulls are too weak for the bears in the short term
BITTREX:ETCBTC BINANCE:ETCBTC BITFINEX:ETCBTC POLONIEX:ETCBTC a bearish butterfly is caught in action...
A long now, to start cover from 0.886 retracement level and potential reversal form the PRZ , to short from the to take profit in the 0.382 to 0.618AX level...
BITSTAMP:BTCUSD
Case for the bulls...
1.A longer term bearish abcd with a bullish CD leg under formation
2.Breakout from the ichimoku cloud on the four hr chart , both lagging line(Chikou span) and price action
3.Fibonacci retracements of 0.382 bokeen on good volume support (although not a clear brekout)
4.A inverse head and shoulder with classical volume pattern...
BITFINEX:LTCUSD
decreasing volume in a symmetrical triangle, might breakout the positive way, in that case a entry into the trade if good volume spike happens...
TO take profit at 0.618 retracement level....
BITFINEX:LTCUSD this is a bilateral trade to be taken, a long followed by a short..
After a long time i see a gartley in the cryptoworld..!
Personally never trader a gartley in crypto..!! this is beautiful and if it turns out good, a potential money maker and a compounder..!
Bitcoin Inverted Head & Shoulders Setting Up? $4,309 26Aug17
Are we seeing a start of an Inverted Head & Shoulders?
Resistance remains at around $4,440 (potential neckline)
Expecting a pullback to at least $4,000 from there we will see...
Sean Vengan
Professional Cryptocurrency Trader and Trading Educator
