Sawcruhteez

Sawcruhteez Updated 

On 3/2 I drew the last arrow from $11,000 to $11,750. Unfortunately we came up just short with $11,676 being the local top. Within 6 hours the price fell all the way back to the original entry of $11,000. This illustrates why it is so important to actively manage your trades. Buying Bitcoin before it goes up is the easiest part of trading! The trailing stop was...

Sawcruhteez

This morning the trailing stop was set at $11,400. We broke through that and now have multiple doji's above $11,200 support. Enter under $11,400 and new stop loss is set at $11,100. Happy trading and remember that following is free!

Sawcruhteez

Yesterday I was holding onto my long position with a price target of $11,750. On Saturday I mentioned that I was inclined to think that we would range over the weekend and most likely hit my price target on Monday. Everything is still right on track and I expect us to pump to $11,750 somewhere in the next 4-6 hours. If you are not in a position then the long entry...

Sawcruhteez

Yesterday I expected the rally to continue to $11,750 before pulling back. Instead we were met with resistance at $11,500. The good news is that we appear to be turning previous resistance into support at $11,100. The bad news is that the 50 day SMA is forming resistance. I will remain short term bullish as long as the bulls continue to hold strong at $11,100. I...

Sawcruhteez

Yesterday there was a bull flag that formed on the 1 hour chart that pointed to $11,750. Today everything is still moving along as expected. Price target remains right below that resistance cluster. It is difficult to say how long it will take to get there. I'm inclined to think that the price will range on low volume over the weekend and then hit $11,750 on...

Sawcruhteez

Yesterday I called for BTC to break $11,000 resistance. Then I wanted to see it turn that area into support before pumping to $11,750. It has pulled back further than I originally wanted, but it is forming a nice bull flag. When using the flag to measure the move it is also indicating $11,750. Support currently is at $10,750 and slightly under would be the stop...

Sawcruhteez

Yesterday I called for an $11,000 retest, and I expect us to break that resistance today. Right now the bulls are building momentum off a nice 1 hour hammer doji which tested previous support. There should be some resistance waiting at $11,200, which should cause a healthy pullback to $11,000 then we should liftoff straight to $11,750. Happy trading and don't...

Sawcruhteez Updated 

Yesterday I turned bullish, and was waiting for a pullback to under $10,477 to build a position. Today the price appears to be supporting above prior resistance and everything looks good! I expect us to retest $11,000 in the next 6-8 hours where the first profit target is set. The second profit target would be $11,600 from yesterdays cup & handle. Stop loss is...

Sawcruhteez

A) Want to see small bounce at 0.08 find resistance at or below 0.08168 for confirmation of trend Enter: Short 0.0815 - 0.08168 Target: 0.078 Stop: 0.0817 B) Will watch for resistance below 0.08 to confirm that trend is still in tact Enter: Short 0.078 - 0.08 Target: 0.07501 Stop: 0.082 Happy Trading!

Sawcruhteez

Yesterday I expected a healthy pull back to $9,750 and thought we would have to retest $10,000 at a minimum. The rally continuing from $10,200 support is very bullish! It also confirmed the cup & handle on the 1 hour chart. Now i expect the price to pull back into the 50/200 day SMA's and to re test $10,400. If that holds as support then we should see a bullish...

Sawcruhteez

Yesterday I called for a $10,200 retest, however I wasn't nearly confident enough to take a position. Today the volume looks good on the breakout and all signs are looking bullish for the next week/month. However, in regards to the next 24 hours I am expecting a healthy pullback to $9,750. This is indicated by multiple reversal dojis, as well as resistance from...

Sawcruhteez Updated 

Yesterday I expected us to retest $8,939 support, instead resistance at $9,750 failed to push below $9,275. Now we are in a no trade zone as far as I am concerned. Hovering right below major resistance, after it did not reach my target entry. Time to be patient and attentive to both options. Bearish Case Triple resistance upcoming (under arrow) from 50 day SMA,...

Sawcruhteez

Yesterday I expected the price to re test $10,600 and I needed it so support above $10,400 to be bullish. Now that the price has broken below $10,000 I am fully bearish. I expect $10,000 to turn into resistance in the next few hours, which would give us a clear bear flag. The measured move would be to $8,939 and that is also the next horizontal support. I would...

Sawcruhteez

Yesterday I was keeping an eye on the 50/200 day SMA cross in combination with support breaking down at $9,750. However, soon after that happen the price rebounded and the stop loss was hit. Such is the life. Now I consider us in a no trade zone and am waiting to see what happens. I expect us to retest $10,600 - which is the 200 day SMA and the bottom end of...

Sawcruhteez Updated 

Hello! My name is Sawcruhteez and I am excited to start posting charts on Trading View. A little bit about myself; I have owned Bitcoin since June 2017 and traded since September. NOT AN EXPERT! My intention is to provide a daily update of the Bitcoin price action and I will always do my best to be as objective as possible. I use 95% technical analysis -...