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Topic: PnF TA - page 27. (Read 190682 times)

legendary
Activity: 1428
Merit: 1001
getmonero.org
March 15, 2016, 05:39:00 PM
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...
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
March 15, 2016, 08:24:59 AM
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.
legendary
Activity: 1498
Merit: 1000
March 15, 2016, 06:36:32 AM
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.

legendary
Activity: 1498
Merit: 1000
March 15, 2016, 04:15:50 AM
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 Wink
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.

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
March 14, 2016, 07:12:30 AM
Worth mentioning that another great trade happened yesterday, marking the top on ETH by klee. Great job dood. Wink
hero member
Activity: 564
Merit: 502
March 09, 2016, 05:38:32 AM
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 Wink
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/
legendary
Activity: 1498
Merit: 1000
March 08, 2016, 04:52:38 PM
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! Tongue

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...



legendary
Activity: 1260
Merit: 1002
March 08, 2016, 04:19:33 PM
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 Grin
hero member
Activity: 564
Merit: 502
March 08, 2016, 04:10:26 PM
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.
legendary
Activity: 1498
Merit: 1000
March 07, 2016, 04:18:28 PM
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!
legendary
Activity: 1473
Merit: 1086
March 07, 2016, 04:11:33 PM
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 ?
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
March 04, 2016, 05:24:46 AM
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  Cool Cool Cool
legendary
Activity: 1498
Merit: 1000
March 04, 2016, 05:23:29 AM
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!
newbie
Activity: 7
Merit: 0
March 04, 2016, 05:13:46 AM
I confirm. Well done kLee!!  Cool
legendary
Activity: 1498
Merit: 1000
March 04, 2016, 04:14:09 AM
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!
legendary
Activity: 1498
Merit: 1000
March 03, 2016, 02:04:13 PM
legendary
Activity: 1498
Merit: 1000
March 03, 2016, 12:25:56 PM
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


legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
March 03, 2016, 11:23:57 AM
so ltc pump has been delayed because eth?

when would be a good call to scoop some ltc?

need to trade a bit im bored Grin

I expected LTC pump earlier this year (precisely, end of January). It turned out that I earned much more by trading EXP/ETH and could have had MUCH more by buying and holding XMR. If I were you I'd focus on those 2 (XMR/ETH).
legendary
Activity: 1260
Merit: 1002
March 03, 2016, 11:19:15 AM
so ltc pump has been delayed because eth?

when would be a good call to scoop some ltc?

need to trade a bit im bored Grin
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
March 03, 2016, 11:12:31 AM


Have to give kudos where deserved. Good call once again Klee. Smiley
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