Joined June 2019 68 Followers
12 Sep 2019 1 minute read Oligon
CONTEXT Litecoin has been on a massive sell off in very similar magnitude and length (2-3 months roughly) than the rally that took price from $65 to $145 for a +100% increase. Similarly, since late June, price has lost half it’s value in about two mo...
7 Sep 2019 1 minute read Oligon
CONTEXT Ripple has been selling off impressively since late June and price went from $0.5 to a bit less than half ($0.25) in about two months. However, the strength and impulsive moves we saw early July are starting to clearly disappear, volatility i...
5 Sep 2019 1 minute read Oligon
CONTEXT Ethereum sellers have pushed price down from $360 (late June) to almost half of the value in only two months. The overall order flow is bearish, however, looking at how price is consolidating more towards the bottom of the down move, it signa...
27 Aug 2019 1 minute read Oligon
Price is inside a bearish triangle pattern within the higher timeframe bearish descending channel with a strong resistance level above. Although Bitcoin’s price could rise to $10.6k, the expectation is for price to break and push lower at least to $9...
24 Aug 2019 1 minute read Oligon
As Ripple continues to drop, finally price seems to be printing a wider and more balanced corrective structure, which might just be a pause to resume the impulsive move down, however there are clear signs of bulls stepping in, for example look at the...
19 Aug 2019 1 minute read Oligon
Since december of 2018, Ethereum has pulled off a very impressive bullish run from $80 to a peak at $360, a level where sellers and profit taking from buyers dropped price impulsively to $182, making some corrections along the way (marked in the yell...
14 Aug 2019 1 minute read Oligon
Bitcoin is currently within a really big corrective structure in the form of a descending channel. Price is following an impulsive move that went from $7.5k to $13.8k (almost doubled in value!) and now is relieving some steam off all that buying, how...
9 Aug 2019 1 minute read Oligon
Ripple is sitting right above all time lows at $0.29 and is doing so bringing some strong bearish price action with it. This is the deal breaker moment for Ripple, either buyers step in the next few days or we might see price dive lower. I believe...
9 Aug 2019 1 minute read Oligon
Litecoin has been wandering around between $85 and $106 with no clear direction since the beginning of July. It’s been almost a month and still there are no definitive signs of where price is heading. If we look from a market structure perspective,...
8 Aug 2019 1 minute read Oligon
Ethereum is currently forming either a flag pattern formation or a most likely an ascending triangle. However, price is currently in a downtrend and sellers have shown a strong presence with large impulsive red candles on the chart, so I think this a...
