Good Luck !!
Looks like we're setting up for the final stab of the knife!
I love this indicator. It seems to be quite accurate with these settings on the 1 hour chart. Give this idea a like if you agree.
An inverted Head and Shoulder was completed on 1H and the price is now trading sideways on its 6,700 - 6,800 neckline (CCI = 17.8139, Highs/Lows = 0). 5H remains a Channel Up (RSI = 57.768, Highs/Lows = 15.8509) serving our bullish purpose but a new Higher High near 6,960.40 is required by tomorrow in order to sustain the trend (TP = 6,989 and 7,309.30). The...
Hey peeps, just making this chart as I see the links in bitcoin very interesting to this accumulation pattern. I honestly don't think this is likely to play out, but I made the chart so I can follow it. This is also a very rough idea and I advise no one trades off these arrows. i.gyazo.com PS—preliminary support, where substantial buying begins to provide...
BTC has been acting like itself lately. This reversal was predicted as soon as the left side of the pattern became clear. I felt we should have recovered a day or two earlier than we did - which is why if you go over my previous posts every post says were going to 6800 and then 7200 as chart continued sideways. Buying BTC when its worth less than usual doesn't...
As expected the 2 session sideways trading projection was over and BTC moved to a new High = 6,826.8 on 1H (RSI = 67.099, MACD = 51.500), breaking the Lower (soft) Resistance level (blue dotted line). It does however remain under the 1D Channel Down (Highs/Lows = -41.6720, BBP = -144.8180) selling pressure, but see how the blue arrow is driving it towards the next...
Watching the local trend now. Not entering in this chop.
Don't forget Asset management / and please trade on your own risk and this chart is as my opinion about BTC/USD
Hey guys, I've seen a similar Wyckoff sketch for BITFINEX:BTCUSD on twitter recently and I thought I'd draw it out for myself(while adding what I suspect to be yet another Bull-Trap to end it) and try and get some feedback from people who are more familiar with this pattern than myself. I've been buying in the low 6000s all week so I certainly want to know if...
Over the weekend, BTC was moving sideways around $6500 We had a minor downwards channel with a small breakout late on June 16th. The price has bounced/retested it several times, but we lack enough buyers and sellers for any decisive moves (looks like weekends are similar lately). Over the weekend price has 'drawn' a Triangle pattern. It means soon something...
Yesterday I said that Candle close above $6500 would confirm bullish price action! - and the 7th attempt was successful to break this level in the 1h chart! After the breakout whales push the price back down to $6320 level to sort out tight stop traders and then price quickly pops up our mentioned resistance which was $6650. At the moment we could see on the...
With 5H essentially neutral (STOCH = 52.525, STOCHRSI = 45.918, Highs/Lows = 0) but still inside the 1D Channel Down (RSI = 33.939, MACD = -484.800, BBP = -676.6720), there is nothing further to incorporate to the previos analysis. The 2 session sideways trading projection on that is over, so we should see some divergence starting from today (most likely to...