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A quick look at the ADA/USD 1 day chart: ADA is still below its Longterm upwards Pitchfork (Blue A,B,C) Median Line on this 1 day timeframe. ADA is also below its smaller descending Pitchfork (Black A,B,C) Median Line on this 1 day timeframe. ADA is still below its Bollinger Bands Middle Band Basis 20 Period SMA for this 1 day timeframe. Note that the Lower...

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Looking at the Trend-Base Fib Extension we can see that BTC found some support from its 0.5 Fib Level at $30,329. If this support level fails then the next Fib Levels are 0.618 at $26,100 and 0.786 at $20,077. Looking at the Bollinger Bands, we can see that BTC is still way below its Bollinger Bands Middle Band Basis 20 Period SMA on this 1 week timeframe. Note...

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At the moment of typing this, ADA is still below its longterm Pitchfork Median Line and has been below it since the 3rd March 2022. ADA is also in a Descending Pitchfork Pattern (Black A,B,C). At the moment, ADA is still above its Descending pitchfork Median Line. At the moment, ADA has found some support from its Descending Upper Yellow Pitchfork Support...

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A quick BTC/USD update: At the moment, BTC is testing its crucial Descending Resistance Line of its Triangle Pattern as well as testing its crucial Resistance Area. Note that BTC has found resistance from this Descending Resistance Line 3 times previous and you can clearly see the interactions of the previous Daily Candles with this Resistance/Support area. Note...

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The Trend-Based Fib Extension level 0.236 at $42,492.75 is the level BTC needs to close above and successfully re-test as support for continued upwards momentum on this 1 day timeframe. This level is also where its descending trend-line is located exactly on the 0.236 level. At the moment, BTC is also back above its Least Squares Moving Average, its Bollinger...

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VeChain update: As with most cryptos, downwards pressure is still dominant. VET is still in a Descending Channel, VET broke above the Descending Channel on the 3rd of March but quickly came back down and closed back inside the Descending Channel so the Descending Channel is still valid. VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA on...

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Quick and dirty BTC/USD 1hr chart update. BTC has found support from its Bollinger Bands Middle Band Basis 20 Period SMA on this 1hr timeframe. Note that we have expansion of the Upper and Lower Bollinger Bands and this expansion is for Positive Momentum. BTC is also back above its Least Squares Moving Average (LSMA) for this 1h timeframe. A close above the LSMA...

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BTC update. Here is a closer look at this 1 day BTC/USD Bitstamp Chart. BTC is still below its Bollinger Bands Middle Band Basis 20 Period SMA on this 1 day timeframe. Note that the Upper and Lower Bands have started to expand outwards and this expansion is for negative momentum. BTC is also still below its Least Squares Moving Average (LSMA) for this 1 day...

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VTHO update and a quick look to the future opportunities that may arise, not just VTHO but all crypto assets, because downtrends don’t last forever. Here is a closer look at this VTHO 1 day chart. At the moment VTHO is below its Least Squares Moving Average (LSMA) on this 1 day timeframe. A daily close below the LSMA is considered a sell signal. At the...

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VeChain Update VeChain had broke out of its previous Falling Wedge Pattern but is still in a downwards channel. VeChain failed 4x to close above its sideways Pitchfork Median Line (A,B,C). VeChain has closed below its Least Squares Moving Average (LSMA) on this 1 day timeframe. Note that a close below the LSMA is considered a sell signal. At the moment,...

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Here is a closer look at this MATIC 1d Binance chart. MATIC is in a massive Ascending Triangle Pattern on the 1 day chart. An Ascending Triangle Pattern is potentially a Bullish Continuation Pattern. The APEX of this Triangle Pattern is around July 2022. For your viewing pleasure, I have added various support and resistance lines within this Ascending...

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Here is a closer look at this ADA 1 day Binance chart. As you can see, ADA is in a massive Descending Triangle Pattern. A Descending Triangle Pattern is potentially a Bearish Continuation Pattern. Note that ADA is still ABOVE its Longterm Pitchfork Median Line on this 1 day timeframe. ADA is still below its Bollinger Bands Middle Band Basis 20 Period SMA for...

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Today could be a very crucial daily candle close for BTC. Note that if this daily candle closes ABOVE the Descending Trend-line, it will also close ABOVE the Bollinger Bands Middle Band Basis 20 Period SMA on this 1 day timeframe. Note that if/when BTC closes a daily candle ABOVE the BB Middle Band Basis, it will be the first time it has done so since the 27th...

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Here is a quick BTC 4hr Chart update. At the moment, BTC is in an Ascending Triangle Pattern on this 4hr timeframe. An Ascending Triangle Pattern is a potential Bullish Continuation Pattern. At the moment, BTC is above its Bollinger Bands Middle Bands Basis 20 period SMA on this 4hr timeframe. At the moment, BTC is above its Least Squares Moving Average (LSMA)...

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Here is my quick and dirty introduction/explanation of what the Moving Average Convergence Divergence (MACD) indicator………… indicates. The Moving Average Convergence Divergence (MACD) is a trend following momentum indicator that follows the intimate relationship between a 12-Period EMA and a 26-Period EMA on a price chart in whatever timeframe you are in. The...

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A quick look at the FTSE100 Index using the traditional Ichimoku Cloud Settings of 9,26,52,26 and the MACD Indicator. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-Term momentum is downwards at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating the Mid-Point of the Mid-Term momentum is sideways at...

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We have a potential Bullish Divergence with the Price on the VET Chart and the MACD Line on the Moving Average Convergence Divergence (MACD) indicator as indicated by the Converging Blue Lines. Note that the MACD RED Histograms have also shrunk in size, confirmation will be if the MACD Line (Blue Line) crosses back above the Signal Line (Orange Line) on this 1 day...

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Let’s have a look at BTC/USD using as many indicators as i can. The purpose of my post as always is not price predication but more education on what these various indicators and squiggly lines are indicating. As you can see on this Bitstamp 1d chart, BTC is in a Descending Triangle Pattern ‘potentially a Bearish Continuation’ as well as a Falling Wedge Pattern...