mrmeeseeks

mrmeeseeks Updated 

I'm Meeseekers, look at mee!!! We're seeing bearish price action run up against a tested demand zone. What happens next? - BEAR SITUATION: price chews through the established demand zone and makes decisive new lows - NEUTRAL SITUATION: price sticks closely to this fat demand zone, fluctuating as we accumulate or mull over selling - BULL SITUATION: price...

mrmeeseeks

I'm Meeseekers, look at mee!!! IOTA looks like it's forming a triple bottom reversal pattern! Even better yet, as this price action is playing on top of a tested demand zone between $0.90 and $0.94, BTC is making GAINS. My conclusion/leanings: I think this is a HUGE buy opportunity. Alts run on their own cycle, but if BTC is doing well historically...

mrmeeseeks Updated 

XLM/USD Analysis 5-5-2018 — XLM/USD Bollinger Band Squeeze! Hi all! Right now we're looking at a period of very low volatility in XLM following a rally that's over doubled its price ($0.20 --> $0.43). Normally, prolonged periods of low volatility are followed by periods of high volatility. This means we might be due for a breakout. Notes: - RSI isn't...

mrmeeseeks Updated 

IOTUSD Analysis 5-2-2018 — IOTA Breaking Out Past Local Resistance Zone Hi all! After consolidating between 4-24 to 5-1, IOTA is taking off again. We're currently riding in the upper channel of the Bollinger Bands and broke the local resistance that was established around $2.20. Notes: - Daily RSI is bullish - I've outlined some price levels that IOTA...

mrmeeseeks Updated 

Hi all! Going to keep this update quick. Looks like we're seeing a bearish divergence on the 4HR RSI that coincides with a second test of the Bollinger Band's lower channel. Could see us retesting the top of the downtrend resistance-turned-support line between $7900-8250. Conclusion: We're in no mans land. - Definitely do not open any longs here -...

mrmeeseeks Updated 

ADA/BTC Analysis 4-26-2018 — ADA/BTC Looks to Continue Uptrend Hi all! Right now we're looking at what appears to be consolidation in the formation of a bull flag. Bullish Notes: - Daily RSI has cooled off, but is currently hovering in bullish zone - We saw a nice volume move off what appears to be a rounded bottom that took us up to .00003500 - Price...

mrmeeseeks Updated 

IOTUSD Analysis 4-26-2018 — Watching IOTA for Pullback to Add to EXISTING Position Hi all! IOTA is cooling off after a monstrous move off the $0.92 local low. After riding the 4 HR Bollinger Band's upper channel all the way up through multiple resistance zones, IOTA has crossed back into the lower channel following a stronger sell off than we saw in the...

mrmeeseeks Updated 

UPDATE ON BTC 4/22 Hi all — here's what I see. BTC has broken out to the upside of a large timeframe descending triangle. It began forming this descending triangle coming previously from an uptrend. Technicals - Due to the breakout we may see continuation of the previous long-term trend (UP) - Daily RSI is sitting comfortably in a bullish range - Clear...

mrmeeseeks Updated 

XRP - Supply & Demand Levels Right now we're looking at a nice volume spike off a supply area that could potentially be acting as the flag pole of a bull flag. Bullish Notes: - RSI hovering in bullish zone - Spike was very high volume - .48-65 zone has proved itself as a demand zone twice in the past If price breaks upward out of the bull flag, monitor price...

mrmeeseeks Updated 

Hi all — here's what I see. BTC formed a large timeframe descending triangle, coming previously from an uptrend. Following the descending trend line of this triangle, BTC has skipped down and double tested resistances. At this moment, BTC seems to have flattened out on the support.... But! - Shorts are piling up to ATHs - There's a bullish divergence...

mrmeeseeks Updated 

- Daily RSI approaching oversold - Falling wedge pattern lining up with strongly established local support zone Break above $7300 with volume would indicate a breakout of the pattern could be in progress. Further confirmation would be established if the local resistance at $7500 was broken. Using this post as a reference — ONE of the many possibilities going...

mrmeeseeks Updated 

Bullish Notes: - BTC seems to be finding buyers sub-6k - Support Zone established by the previous sell off intersects a long tread line from July and September - Volume spikes potentially indicate buyer interest at these price levels - Huge # of shorts - RSI oversold on the daily, last time the daily reached the 30s it rallied up to $11,700 My position's...

mrmeeseeks Updated 

1 - $7800 holds like it's been doing, similar to the retrace seen in the move off the $5900 low. Onward to retest $11700 2 - Double bottom at $7200 local low If the $7200 level breaks down, see everyone at the double bottom test at $5800. Wouldn't cut losses here, we've got support — let's see if it holds.

mrmeeseeks Updated 

Hi all Looking at this chart, we can see that the move from the $5900 bounced off the .236 retracement level on February 11th. This was followed by a slight retracement to the $7900 level, but was followed by a strong move up to $11,700. Considering price bounced off the .236 retracement level in this current bullish move, I'm monitoring to see if BTC follows...

mrmeeseeks Updated 

Just an idea — trough of right shoulder, if symmetrical, would line up nicely with the .618 retracement. Putting this out there for future reference to see if it materializes... I'M THE MEESEEKS, THE WIZARD, THE ... yeah yeah. Just tossing a chart out.

mrmeeseeks Updated 

Fib levels I'm watching in the coming days, especially tomorrow with the G20 conference on BTC. Notes: - Oversold daily RSI - Volume increasing Conclusion: - I believe this market is ripe for a reversal. This is not a bull market, but I'm speculating that BTC's current technicals would facilitate a potential reversal given good news at the G20 summit. Fear is...

mrmeeseeks

Just brainstorming and publishing the idea for tracking purposes. We saw an inverse H&S fail, and form a double top around $11,700. By the time the right shoulder of the iH&S was forming, everyone and their mother was screaming for a $16k target. Now that we saw resistance at $11.7k in the form of a double top, everyone and their mother is screaming for a...

mrmeeseeks Updated 

Hello All! Following a push up to $11,200, BTC has cooled off and seems to be consolidating in the high $10,000 range. However, I'm looking for some continuation in the coming week considering how the RSI has cooled off from the high 80s & volume has decreased compared to the buying we saw over the weekend. Long term I'm bullish and looking to unload some of...