In context to my earlier analysis on BTC ("BTC Decision time) , this chart posted is based on the lower timeframe , and tells we are ready for it , and we can expect the big move within 1-2 weeks.
ETH broke trough the ascending triangle but with little volume. I was expecting it to reach around 245 - 260 Euros but the RSI seems to indicate that ETH is a little bit overbought. My new expectation is that we will reach between 165 - 170 Euros before possibly continuing upwards. EDIT: you can always discuss different ideas with me.
Bitcoin just crossed over first ATR line and changed it to the green (long signal 1/4) RSIOMA signal line changed to green (long signal 2/4) RSI line is very close to the middle line (neutral signal 3/4) Heikin-ashi Smoothed changed from red to green (long signal 4/4) 3/4 Long signals 1/4 Neutral signals Short-Term Market side - Bearish Medium-Term Market side -...
Pattern and volume indicating gaining strenght of bull side.
Comparing BTC 0.02% to the 2014 crash, I think we've found our accumulation zone. In 2014, the crash lasted 1 year with accumulation lasting 9 months during 2015. The crash of 2018 took 6 months, at the current rate this accumulation will last 4.5 months. I personally think it will be a little faster. From this date forward I think we will have 100 days of...
Looking at the bigger picture - Break and Retest of Weekly Trendline - Favoured Fib Retracement
Well, I believe LTC is very close to the end of this Great correction. Even though I am still on the fence whether or not LTC will touch $81 - $83 range, I still think it could take off at any moment. In my opinion BTC will be going crazy in the next 4 to 6 months, so as we all know ALTs will follow and LTC will scream up like crazy as well. I am being very level...
Here's another intra-day re-jig while I think when to update on my other charts.
This trade idea is still playing out pretty well. I did have to adjust it a bit for time but the general path has been pretty good since late April. That dump we had a few weeks ago threw the top of this channel off a bit but I think we see a retest of $114ish and depending on what the bears have left maybe even $96-$100. We can still get a good bounce at the end...
Hello, Welcome back to my page. if you guys recall last week i told you guys that we could see bitcoin closing the week at 8,900 to 9,100. Well, it turns out to be another hit for us as btc was able to hit pass 8,900. on my weekly chart we've been able to break out of the trend line and heading up with strong volume. this is the best time to enter your bullish...
I have a trade set at MN/WK demand, but it looks like price not make it there. D1 chart starting to show some bullish moves, possible uptrend being created. At this point waiting for come direction.
Wan is currently oversold and RSI, MOMENTUM, AND STOCH divergence is showing a drop is imminent. An ABC correction to test the EMA is anticipated. A doji followed by a forming hang man candle is present,but there's still time left for the candle to form something else. Green box near 0.618 fib is first target. If that breaks, 0.5 fib, then 56k satoshi range near...
How to calculate next low with a bearish pennant ? I'm doing it my own way, not like in books $8,674.4 - $7,835.9 = $838.5 or $8,674.4 - $7,716.6 = $957.8 Then pick a measure from inside pennant. I'm going to take 50% $7,941.1. Therefore $7,941.1 - $838.5 = $7,102.6 or $7,941.1 - $957.8 =$6,983.3. I'd be happy if it just broke $7,240. In case of trap I've...
BTCUSD is above its 200 moving day average again. Currency trading is closed on weekends for retail traders has given the false perception to go long on BTCUSD. Notice the red line is flat while BTCUSD is rising. BTCUSD should be flat to up on Monday, down on Tuesday. Then high probability to continue down after. Most likely BTCUSD will stay under its...
Hey everyone, Well I have been looking at opportunities as best I can in this wild west of a market at the moment. Tonight I stumbled across my next call which will be a long on Auroracoin for 25-50% growth. Looking at the day charts this coin has shown some steady improvement since the start of the year after it has had a long slide to the down side for quite...
BTCUSD is in an uptrend. Currently trying to work past resistance at .236 fib. My positions are x1000 since the system does not allow less than one unit to be bought / sold. In other words, my position listed on the chart is 0.101 btc not 101. I entered this trade a little prematurely. I should have waited for a clear break of the .236. I also like to see...
It has been 6 bearish weeks for Bitcoin. Now it's stalling at around 9000 where weekly 20EMA has been acting like a strong level of support ever since. 0.786 Fibonacci level was tested. I do believe that Bitcoin will recover next week with some momentum to the upside. A break and close above the counter trend line and EMA crossover will be a good signal for us to...