A blog about trading analysis, in which I explain my thought process and trading ideas to share with the community.
17 Jul 2019 1 minute read 0 comments Oligon
Ethereum is currently printing an overextended swing to the downside with a lot of momentum, however we broke past the previous structure level at $227 and have not yet fully tested the $187 level, which is the next barrier. If this bearish move is t...
16 Jul 2019 1 minute read 0 comments Oligon
Litecoin is currently consolidating between $85 and $97, however we are testing a major level of structure support, so my expectation is for price to eventually break to the upside with ragained strength of buyers. The ideal scenario would be for Lit...
15 Jul 2019 1 minute read 0 comments Oligon
Bitcoin is currently slowing down and setting up for what seems a pre-breakout inside a triangle pattern. This type of patterns following an impulsive bullish move, as we saw on Bitcoin since the beginning of June, mean that a continuation is likely...
15 Jul 2019 1 minute read 0 comments Oligon
Harmony is, in my opinion, starting to consolidate as buyers are showing signs of strength and sellers are struggling to keep printing new lows in the chart. The consolidation zone goes between 0.0000010 and 0.0000015 BTC. Let me know what you thin...
12 Jul 2019 1 minute read 0 comments Oligon
Steem seems to be continuing it’s way down on the daily chart after breaking a flag pattern and is now heading for the most likely turning point around $0.20 where an AB=CD pattern would complete and a major support level is located. This would be th...
12 Jul 2019 1 minute read 0 comments Oligon
Bitcoin price is very close to the previous major demand zone in which we got a big reaction. If this level is tested again and broken, price would still need to go lower than $9.6k to really proof that sellers have enough strength and that lower pri...
11 Jul 2019 1 minute read 0 comments Oligon
Ethereum price broke shyly the support at $273 and is now ranging on the lower timeframes. However, as market structure generally dictates, we should see a retest of this level now as resistance and head lower to the $256 area where we have a nice de...
10 Jul 2019 1 minute read 2 comments Oligon
LEO just touched an area of very strong confluence between two great demand levels and a zone of major support. Although there are some structure levels to be broken around $1.70, I believe price could easily reach $1.81 in the next weeks if buyers b...
10 Jul 2019 1 minute read 0 comments Oligon
Bitcoin is about to complete a bat pattern at $13.3k, with most likely targets at $12.4k and $11.6k. If price negates the pattern going beyond point X, then $14k and $14.4K are on the table as possible destinations.
9 Jul 2019 1 minute read 0 comments Oligon
Solve is currently bouncing from a minor structure level and slowing down quite a bit. I think some upside movement is ahead, at least until the next supply level at 0.00002891 where price could find rejection by sellers. If this happens, I would exp...
