Tdsequential
$BTC Bull Flag vs Bear Trend continuation #SequentialHi everyone,
BTC is still forming a bull flag, but this could be insufficient to cancel the daily bearish countdown.
If the countdown has to complete first, this means a bearish target of at least:
- $7.993 on Coinbase
- $7.470 on Bitstamp
There is a countdown shift between the 2 platforms so it is actually quite difficult to predict a target.
I would favor the coinbase target as it coincides better with the 0.764 Fib retracement...
Targets are not a guarantee!
Countdown can be cancelled by these 2 conditions:
- A new Sell setup (After a bullish TD Price Flip, there must be nine consecutive closes, each one greater than the corresponding close four bars earlier)
- A candle low completed above TDST Resistance @10.379USD
On the 12H chart, we had 2 nice potential Buy points indicated by S13 and S21.
Here also the main bearish sequential countdown has not been canceled so we could reach the next S34 exhaustion point.
Best!
MATHR3E
Sequential indicators:
MATHR3E TD Setup Trend
MATHR3E TD Sequential Fibonacci Extension
MATHR3E TD Aggressive Fibonacci Extension
MATHR3E TD Combo Fibonacci Extension
BTCUSD: TD Sequential 9 Next Week To Decide Direction?Part 9: Next week looks set for a bullish TD Sequential 9 on the Weekly chart that hasn't been seen since July 2018. Back then this led to a 40% increase in the price of Bitcoin followed by 4 months of consolidation. This scenario is labeled "A". Extrapolation C is the inverse of the "bearish" TD 9 in April 2019 that led to a continuation of the bull trend. Hence, C is labeled as the "bullish" TD 9 but would be the most bearish scenario. Scenario B is the extrapolation of the 2018 wedge breakdown, as documented in Part 1 of the Bitcoin repeating history series.
The two year vpvr "average price" is referenced as a key level to break (and close) above at $8376.
If Bitcoin Repeats History?
Part 1: Descending Triangle Looking Similar To 2018
Part 2: Measuring The Move of the Descending Triangle Breakdown
Part 3: A repeat of 2014? Worst Case Scenario A $2,500 Low
Part 4: If Bitcoin Repeats History? Extrapolating 2012 Breakdown
Part 5: If 2017 Descending Triangle Repeats? Best Case Scenario
Part 6: If Bitcoin Repeats History? Monthly TD Sequential Red 1
Part 7: Another Bearish Indicator: 200 EMA & MA Bearcross
Part 8: Bitcoin's Full Moon Reversal 6 Month Pattern
Mid-Term XRP Analysis TD Sequential WeeklyIn most important exchanges XRP has just printed three 9's in the weekly chart using TD Sequential; the first one in the 2017 bull market (I think it was actually January 2018, those days right?), the second near the bottom in August 2018, the third one just a month ago, and right now we are in the number 2 with a bullish outlook and high probabilities of making the fourth 9 (and second being bullish and maybe in the midst of another bull market).
That being said, price in the next days can go way lower than we would like it (closing next week above 0.242 cents aprox.) and still form (print) a 9 in six weeks, so in the mid-term I'm completely bullish because of fundamentals and news, MACD weekly bullish crossover, Swell, and the fact that XRP vs BTC already is trending upwards, so if we can´t "make it" in Fiat, we still have the possibility of "making it" big time vs BTC-market.
Resistance according to chart above are 0.30, another at 0.37 area, then 0.425 aprox, then 0.50, we could spend anywhere from a few hours to full days correcting at those levels, and then more upside, or just smash through it the xrp-way lol.
Bitcoin showing signs of reversalBitcoin had some correctional move recently with many people expecting lower lows, therefore shorting a lot.
I think this could be the bottom already and taking some risk with a small long trade here.
TD sequential showing a red 9 signaling the end of a down trend on both, 1hr and 4hr candlestick and my Oszillators are all in oversold territory.
The Squeeze Momentum is again in squeeze-release-mode so be careful, worst case for bulls here would be testing the Weekly Support 1 pivot point around 7760 USD.
First resistance to watch would be around 8300, where the weekly pivot point and the 4hr 50 Moving Average is around, than I expect some testing of the 200MA and the Weekly Resistance 1 pivot Point.
If you like this analysis please like & share it and join me on telegram @cryptocrew_trading
Cheers
BTCUSD: If Bitcoin Repeats History? Monthly TD Sequential Red 1Part 6: With the month of September coming to close in the coming days on a Monthly TD Sequential Red 1 price flip, October will be critical as to whether Bitcoin's monthly candle will close as a green 1 to break the sequential correction, or continue with another 6-8 red candles - as has happened in 2014 and 2018 during bear markets. Note that the Monthly Red 1 candles immediately preceding ATH have been excluded, as previously only have led to a 1-4 candle correction.
As intriguing is that 4 years have now passed since Bitcoin's 2014 Monthly Red 1 candle that led to the 2016-2017 bull market. Additionally, the monthly RSI has broken down from 60 (bullish) to neutral territory, indicating scope for a 7-9 candle correction.
If Bitcoin Repeats History?
Part 1: Descending Triangle Looking Similar
Part 2: Measuring The Move of the Descending Triangle Breakdown
Part 3: A repeat of 2014? Worst Case Scenario A $2,500 Low
Part 4: Extrapolating 2012 Descending Triangle Breakdown
Part 5: If 2017 Descending Triangle Repeats? Best Case Scenario
XBTC-BTC/USD WEEKLY CLOSEGood day guys,
well we had the weekly close under 8 k, not a good sign on my view, per weekly we are in a bear market. We have ton of 9 buy coming up or in game now and a possible descending triangle forming on the daily/4 h ( later a chart of the 4 coming up).
On a overview of the TD and CME open:
M 2 UNDER 1
31 D PRICE FLIP - green 1
W 7 ON 9 COUNT
3D 9 BUY
2D 9 BUY
18 H 9 BUY
12 H 9 BUY
8H 7 ON 9 COUNT
4H 8 ON 9 COUNT - NEXT CANDLE A 9 BUY
2H 6 ON 9 COUNT
1H 2 ON 9 COUNT, NOT YET A 2 ABOVE 1
15 MIN NEUTRAL
CME OPEN GAP FROM 8200 TO 7903, possibility for upside to the trend line and 8k resistance zone with a wick up to close the gap. This would be a relief bounce before new lows in my view.
Keep a close eye on ADX and the -DI on verge of a possibile cross with +Di
Safe trade folks
4h BTC The 4 h topped on the daily 200 MA, it was a 4h 9 TD sell, which in the end printed a RED 1 TD price flip, if we go on as this without a reversal, we could face a countdown to TD 9 buy on the 4h.
The 4h EMA are still bearish and the short EMA just flirted with the 50 EMA (yellow), I still don't see a reversal and also the volume keeps declining. We are stuck in an EQ and we still have time to go on, be careful.
Trade safe folks.
ETHUSD: Ascending Triangle Forming On DailyEthereum looks to be confirming another ascending triangle on the Daily chart with currently two touch points on both horizontal resistance as well as rising support. The TD Sequential on the Daily as well as the Weekly is on a green 2 so now waiting for confirmation on a move above ₿0.0216, the Daily green 1 candle as well as triangle resistance. The Weekly green 2 candle then needs to move above ₿0.022215 to also become bullish on a Weekly chart.
Stop loss just under ₿0.02 (-7.4%)
Target of ₿0.02611 (+20.9% / 200 Day MA)
2.82 reward ratio.
Altcoin Dominance Bouncing From 0.382 Fib Retracement
ETHUSD Ascending Triangle Breakout On 4hr
Dumped into chop zoneThe big red bar from today put it back in the middle of a chop zone meaning it's going to be hard to assign an intraday bias to the day type until it gets out of this middle area.
The overall daily structure is the B point after a 5 wave elliot impulse. It seems reasonable that the c target could be the pitchfork median which would also be about at the prior 3 point.
This overall elliot wave is inside a much larger elliot cycle so I think a tag of the median line will send prices upward.
If it can open above 1530 in the next few days that would be reason to expect a bullish intraday bias. If below 1481 then a bearish bias.
If it sits in the middle then it will be a bit dangerous to trade and it's better to use tight stops and avoid shooting for the moon.
TD sequential is also at bullish 9 which means it's probably about to reset to 1. I've been testing TD lately and found that there may be a correlation between trend day types and higher TD counts, meaning it's better to wait for TD to get to about 3 or 5 or so before looking for trend continuations rather the trading on the reversal itself.
ETHUSD: Needs To Again Breach 200 Week MA For Ultra Bullish CaseETHUSD needs to again breach the 200 Week MA @ $222.72, as well as the 20 Week MA just above it at $231.30, in order to make a new swing high above the green 1 at $230.54. Following the TD Sequential 9 earlier this month, Ethereum against the US dollar has bounced back over 20% while currently holding onto approximately 15% of it's gains. A green 2 moving above the green 1 for ETHUSD would be an ultra bullish move, hence a long trade from $232 with a stop loss at $184.5 below the green 1 for a 2.75 risk reward ratio. The target would be the 100 Week MA.
See related ideas:
Altcoins Bouncing From 200 Week MA after TD Sequential 9
Altcoin Dominance Bouncing From 0.382 Fib Retracement
4 H BTC USD UPDATEWell, what a beauty the TD setup trend resistance line, I can't keep thinking how many times it kept up to my expectations.
Adding to the daily 9 BUY, 128 daily EMA, the TD setup trend resistance line, a 4 h 9 BUY is also to be factor in as support area. In my view exiting (or at least taking 50% profit) in the short is a must, then wait and reevaluate.
We are still in a down trend, as you can see by the EMA in the 4 h are trending downwards, but a good trader live long when he follow his own strategies and obey by his own rules. Don't be greedy and stick to the plan.
HOTUSD: Decision Time - The Countdown Phase
TD Sequential support from the red 9 is at $0.00068195 (red dots), at bottom of horizontal support area.
If sequential/horizontal support is broken to the downside, expect a breach of the falling channel to the next support.
Waiting to see what happens in the countdown phase, whether the sequential will flip green soon or carry on red.
There's a similarity in the November-December 2018 consolidation (in organge) but far from convincing.
The projected bars are taken from the most substantial rises (January 2019) and crashes (November 2018).
This is the first time the Weekly TD Sequential has reached a 9 or 13 for the HOTUSD pairing.
Indicators all look bearish on a weekly scale and don't look much better on the Daily either.
Upside target: $0.0037 (+360% NATH) / Downside target: $0.000385 (-53%).
FYI-ATL: $0.000341 on June 29th 2018, not December 2018 low.