FLOWGROUP PLC ORD 0.1P, POLEMOS PLC ORD 0.01P, WEATHERLY INTERNATIONAL PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, PHOTONSTAR LED GROUP PLC ORD 0.01P, ANDALAS ENERGY AND POWER PLC ORD NPV
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
I don't think it makes sense to use normal TA on Bitcoin because it cannot be compared to any asset... except itself, so I've overlayed the early 2013 bubble (daily candles) on the current run (weekly). We'll peak on CME futures and then an exchange CEO will get kidnapped or something. I don't know. Nobody does. Good luck. Still long as of my last linked trade:
Do you remember when this exact same thing happened before? Bar pattern is LTCBTC weekly from BTC-e in 2013, chart is recent Bittrex price action. Immediately after this happened the first time, the new money-doublers (who make sure to tell all their friends about litecoin gainz) went to barely functioning Cryptsy and lost everything to Wolong trading a picture of ...
Nothing more than playing around with the monthly log and heikin ashi candles to show the trend better. Pure hopium speculation... Until we see some green on this time frame my inner bear is still winning. Both RSI and Stoch are still pointing down as well, which indicates to me that we aren't out of the current downtrend just yet, despite all the bulls on ...
What a beautiful cycle on the stoch rsi, it's the kind of cycle that you wish you could turn back time and get involved with, consistent 15% + profits on each cycle. Will it continue, there is talk of an easy 1k sats by June. Worth keeping an eye on, and perhaps a good trade entry will be at the bottom of the 4 hr Stoch RSI cycle?
There's blood in the streets, and the smell of fear, we may even be witnessing capitulation. But it never lasts that long. Unless this really is the end of crypto this time - we've all heard that one before. This is just a rough little sketch on the zoomed out weekly (log scale), Apart from the Mt Gox prolonged bear market, with some big bear flags in that ...
This is a work in progress. I am not trading off this idea (yet); I'm waiting to see whether it develops as I expect in the future to make sure I'm not seeing patterns where there are none. Spotting highs: Teal lines = bearish divergence. This is where the RSI chart diverges from (does the opposite of) the price chart. Basically: price goes up, while RSI goes ...
In the next days this intersection should get resolved. As it seems we are not anymore in a bubble (arguably I must say), price should go down to a new Fib. channel in up trend, probably up to 0.32 level, before to push up once more. However, this step is highly sensitive to fundamentals, if fundamentals fails, we may fall back into descending channel to keep ...
Today i'm visiting my favorite Forex pair to look at and discuss a very long term Elliott Wave count that it appears to have formed. It appears as if in early 2008, a 5th wave completed as a high. From there the market has been clearly corrective, ultimately going sideways. A Zig-zag completed into mid 2015 and from there we have seen a sharp move to the upside. ...
Purely coincidental trajectory line of 19 degree peaks, based on previous sharp rises of 77 degrees and dips of 19 degrees. Only based on two distinct S curves, if these S curves were to continue at the same rate and magnitude, you end up with a steady 19 degree increase into 2018 and beyond. It means the latest sharp rise may not have bucked this 19 degree trend, ...
I once saw a cycle chart by @lowstrife (twitter) on BTC that seems to still be for the most part valid today even. I decided to play around with ETHUSD chart and found that ETH has rallied twice around 27 December. I made mine on the 3D chart. Each cycle is around 122 bars. If this is true it may be possible for ETH to dip one more time despite the bull flag at ...