PnF TA

[klee]

From earlier today:

(Fibonacci)
https://cryptrader.com/c/TiUCEMeH

[9:21]
At around 0.024 we have resistance. I had calculated a Price Objective in the same area too.

[9:21]
Maybe take some profit there.

[9:24]

Bullish resistance 0.02337-0.002470

[1715655681]

1715655681

[1715655681]

1715655681

[klee]

[klee]

CryptXO predicted that the current $BTC levels are at strong support and that XMR will find resistance at 0.027.

My subscribers can confirm this.

Cheers!

[fotathan]

I confirm. Well done kLee!! 

[klee]

Today I will add 4h charts fro alt coins!

HL, CLOSE and most importantly ALT coins Relative Strength charts (both 1d & 4h)!!!

So you know which alt is rallying/dumping harder!

[wizzardTim]

CryptXO predicted that the current $BTC levels are at strong support and that XMR will find resistance at 0.027.

My subscribers can confirm this.

Cheers!

Confirmed 

[Wexlike]

BTCChina just gave a bullish catapult!

BTCChina 1D HL 1%x3



IMO this is the battle that will end the war between bull & bears in the 365-465 area.

Triple breaks in this chart was not strong enough to do this.

That is a pretty old PnF chart, but bitcoin bounced off of the ~2610 support line. Thus confirming the bullish trend ?

[klee]

You are a great PnF practitioner sir!

Indeed we bounced in the support (which got stronger) and to be honest it is the only bullish thing I see for BTC right now.

BTCChina 1D HL 1%x3



In case we break these green lines block (now below 2600) things will start getting really ugly!

[slap]

I'm sorry to post in your topic, I do understand when this post is removed.
But I do have a question regarding the chart I posted here...
Do you also see a (bullish) pennant, which looks like to come to end just before the supposed halving?
Thank you so much.

[hdbuck]

I'm sorry to post in your topic, I do understand when this post is removed.
But I do have a question regarding the chart I posted here...
Do you also see a (bullish) pennant, which looks like to come to end just before the supposed halving?
Thank you so much.

yes, but its not even about some penant anymoar..




place your bets gentlemen, see you on the other side. #yolo

[klee]

I'm sorry to post in your topic, I do understand when this post is removed.
But I do have a question regarding the chart I posted here...
Do you also see a (bullish) pennant, which looks like to come to end just before the supposed halving?
Thank you so much.

You are very welcome to post here!

Regarding your question, I am not very good at this type of TA but you can see there in your chart that since we hit 500, we are doing lower highs.
IMO if we manage to break above 452-453 we will have the power needed to go for a new high, above 500.

On the other hand, breaking 385 would be highly problematic.

In the chart you posted the pennant has to break somewhere, I agree. Maybe it will around the halving. In PnF we don't take time into consideration though.

Also regarding the halving, it is a fundamental analysis which might be an endless discussion (someone could argue that this in combination with the scaling issue is bearish etc etc).

This is the reason I decided to focus on TA for my trading/investing.

I read many fundamental analyses and I agree with the writer until I read the next one arguing against it! Everyone looks to me right & wrong in the same time!

If you want a hint from classical non PnF TA, buy when 1d RSI is 30 and/or below and sell when the weekly RSI is 90+.

It worked in the past and it might continue to do so...

[slap]

Your answer is more than I was hoping for, thank you!
Also great advice regarding RSI, thanks again.
Keep up the great work, your thread gives this subforum so much gold.

Your post on ETH March 3th, you stated there was resistance around 0.023/ 0.024, looks like ETH now found some support there. Any ideas on coming targets?
If I'm not mistaken target could be 0.275-ish?
How is your general view on ETH price development?


Lots of questions, sorry for that, I'm a bit curious
Thanks again!

/edit couple of days back someone posted this on reddit
(credits to the creator of this drawing)
https://www.tradingview.com/chart/pQe91Rlh/

[macsga]

Worth mentioning that another great trade happened yesterday, marking the top on ETH by klee. Great job dood.

[klee]

Your answer is more than I was hoping for, thank you!
Also great advice regarding RSI, thanks again.
Keep up the great work, your thread gives this subforum so much gold.

Your post on ETH March 3th, you stated there was resistance around 0.023/ 0.024, looks like ETH now found some support there. Any ideas on coming targets?
If I'm not mistaken target could be 0.275-ish?
How is your general view on ETH price development?


Lots of questions, sorry for that, I'm a bit curious
Thanks again!

/edit couple of days back someone posted this on reddit
(credits to the creator of this drawing)
https://www.tradingview.com/chart/pQe91Rlh/

Apologies for the late reply, I am very busy with all this market action.

When a support breaks it becomes resistance and vice versa!

ETH shows clear signs of topping but if BTC does not wake up, the 300-375 area will just be another accumulation zone for ETH, which will aim at 0.06.

[klee]

Hello all,

Crypt-XO is celebrating one year of operations, and would like to make a special offer to you!

Subscribe now for a 1-year subscription on the "BTC and ALTs" package at the price of 200$, instead of 250$.

The offer is valid for subscriptions ordered from 15th till 20th March.

In order to take advantage of this offer, please PM me.

[macsga]

Let me jump in and say that for ignorant traders like me, this is a straightforward, fool-proof method to trade. Congrats on your service Klee, and thanks personally for the spot-on predictions that you've made so far.

Cheers.

[GreekBitcoin]

I am considering to join for some weeks now. I am intrigued that macsga seems on board too and after all you are both Greeks. But to be honest i am not sure if it is rational to throw 200 dollars in something i have no idea what it is. Oh well i will think about it some more...

[klee]

I am considering to join for some weeks now. I am intrigued that macsga seems on board too and after all you are both Greeks. But to be honest i am not sure if it is rational to throw 200 dollars in something i have no idea what it is. Oh well i will think about it some more...

Damn I always forgot to highlight this:

There is an one week (I assure you more than enough but if you are not convinced then two!) free trial period!!!

[klee]

Just to remind the subscription fees again:


15$/month or 120$/year for BTC & LTC,
*15$/month or 120$/year for alts,
25$/month OR 250 200$/year for both. (Discount until 20 March)

I will soon prepare programs for 3 & 6 month subscription service.
In case you are interested PM me so I will let you know when I have them!

FREE 1 week trial.



*The alt coins I currently cover are:

ETH, XMR, MAID, BTS, FCT, SJCX and per request.

[macsga]

I am considering to join for some weeks now. I am intrigued that macsga seems on board too and after all you are both Greeks. But to be honest i am not sure if it is rational to throw 200 dollars in something i have no idea what it is. Oh well i will think about it some more...

Be rest assured that I'm -slowly-but-surely- driving everyone crazy in there... Klee's subscribers can confirm my claims