Welcome back to TJ's Trade Corner, today we will take a HTF chart of Bitcoin.
There are many similarities between the last bear market and this one. Yet, most people like to see on the bullishness, over-leveraged positions might get into some problems.
We have the 50 Week MA, the 50 Week EMA and the 100 Week EMA.
Right now, the 50 MA and EMA are the current...
Hello Lads and Ladies,
Welcome back to a TJ TA Session.
Lets take a look at XBT for today's update.
We saw yesterday a nice rejection at the upper bands, breaking the little uptrend that we have had. This rejection went exactly into our expected 3.6k region. Nevertheless, we closed on the trend as if nothing would have happened. This lets me to believe that we...
BTC-USD Market : Bitstamp
BTC is currently forming falling wedge pattern (bullish) on 1D time frame, Let's see how it plays out
We're holding 0.718 fib level as support, breaking this level will lead market to bleed
Hello Lads and Ladies,
Welcome back to TJ's TA sessions.- The Daily BTC Update #23
What happened in the last 24h?
In the last 24 hours we saw quite some movement. Especially after the last few days being very bearish, we saw and see still more downwards movement and expect it to continue. Nevertheless, we saw on altcoins and btc a mini bounce from its daily...
Hello Lads and Ladies,
Welcome back to TJ's TA sessions.- The Daily BTC Update
What happened in the last 24h?
The last 24 hours have been quite interesting and informative. We saw a nice breakout from the bullfrog on lower timeframes but as many times seen on bitcoin a clear rejection from the top and a dump back to where we started. Finally we are seeing a...
Hello Lads and Ladies,
Welcome back to TJ's TA sessions.- The Daily BTC Update
What happened in the last 24h?
Finally back! Being able to work on my passion is really motivating. I hope everyone had beautiful days off and we are jumping straight back into the Bitcoin chart.
We saw in the last 24 hours almost zero to none movement and just small pumps and...
Hello Lads and Ladies,
Welcome back to TJ's TA sessions.- The Daily BTC Update
What happened in the last 24h?
Looking at todays chart, we see a lot of indecision in the market. We are seeing a doji as a possible close for today, same as the weekly that we will be getting. Yet, even if this shows indecision in the market, there is something hidden good/bullish...
No-trading zone for me, I will simply wait for a breakout, considering this could be solved sideways, downwards and upwards.
What I would wish for is a weekly candleclose tomorrow night above the historically important weekly EMA200 which is currently our strongest support.
If we close underneath by next week´s sunday close (capitulation in a big wick down to...
Hello Lads and Ladies,
I have called the inverted HnS as one of the first, I also want to share this yet ambitious idea of a normal HnS for BTC.
There are actually two scenarios that might happen here. The first one is a more tilted HnS which would not look very nice. This one might have a bounce on the daily towards 7.2k and after that go for a re-test of the...
Hello Lads and Ladies,
Everyone is looking at the possible Head and Shoulders formation playing out and I have to admit that I was one of the first people to call this formation but as soon as I started seeing this TA almost EVERYWHERE, I got very sceptical and started looking for reasons against my own TA.
First of all, this is the ugliest and weirdest HnS...
Good morning, traders. Bitcoin has finally been making some movement that we can look at, and it's nothing that we haven't been talking about as a possibility for a while now. Specifically, overnight we saw Bitcoin retrace 50% from its recent run up. Now things are becoming more interesting. The potential IHS in development that I have been referring to recently...
Good morning, traders. Bitcoin has finally been making some movement that we can look at, and it's nothing that we haven't been talking about as a possibility for a while now. Specifically, overnight we saw Bitcoin retrace 50% from its recent run up. Now things are becoming more interesting. The potential IHS in development that I have been referring to recently...
This is just a short idea that I have seen directly after todays push.
For me there is very strong resistance @6800 and that might hold, we might see BTC hanging there for a few days and then going back down, regaining some deep RSI points and starting a new rally from there on.
As it is right now, I don't believe that Bitcoin will get REKT wishing 1 day. It...
Good Tuesday morning, traders. Price is doing what I mentioned that it needed to do last night -- retracing. Buyside needs the time to recollect itself before another push upward. Failure to do so results in a failed push and lack of energy for the buyside to negate the effects of the sellside which could see price falling further downward. Retracement is an...
Good Tuesday morning, traders. Price is doing what I mentioned that it needed to do last night -- retracing. Buyside needs the time to recollect itself before another push upward. Failure to do so results in a failed push and lack of energy for the buyside to negate the effects of the sellside which could see price falling further downward. Retracement is an...
