I have been watching Steller for a while now, trying to learn stuff. See the linked idea of what i think its a triangle playing out that can go either way. I am going to play a short here. I always lose on shorts so I will watch this and if it goes against me I'll close it. They can get out of hand and cost you money if you wait for them to turn around. Going to...
This is for the HAI charting comp. I am personally playing this one for the next couple of weeks / months. I think we have started a new cycle with Ethereum Classic. Barring anything crazy happening and using smart stoplosses we can double or triple our BTC / Money with this coin. This is not a for people looking for quick profits. I think it is a good place to...
Just posting for myself to see if it goes this way.
CTR Is trading in a channel. I've been trading it the past few days making dramatic gains by just buying at the dips. Right now its in heavy cosolidation so we may see a spike with a drastic short term gain. Trade with caution. There was a large sell wall that been removed and we should see a massive spike shortly. All indicators are pointing toa breakout. Both...
Bitcoin currently making an ABCDE (which is part of the 1-2 waves on elliot wave cycle) on 1 hour chart after it's ABC correction and is gearing up for it's 3rd wave up. Top of the 3 could be the 1.618 or even higher. If it's the 1.618 fib extension line, could see bitcoin going to $19,000+ short term.
Glad I went long based on the MACD, pretty good positive so far...
I believe BTC has broken out of it's downtrending resistance on the 1 hour. The correction from $20,000 seems like it has finished by painting an ABCDE correction and now it has started a new Elliot Wave set structure. New target for this wave set on the 1 hour time frames = $24,000!
Probably should've published this when i first charted it to show how well this has been working. Aw well, let us see how it plays out. I am bearish on BTC at the moment... Let us wait and see what tomorrows daily candle does.
NYSE ADL data, NAAIM data , AAII data and NYSE MARGIN DEBT data for SPX analysis ...
NYXDATA, FINRA AND CFTC DATA for SPX analysis...
Looking for BTC to pass the historic structural resistance - if we do, we should see ATH tested . Thoughts?
With the update to the factom wallet, volume will be increasing. Bollinger bands are tightening with the candles closing above the midline. If the candles break and close above the top band, we are in for liftoff.
sl:1220.689 First target: 1205.1450 Open pice:open price 1217.1565
Looking for bottom truth in the recent volumes drop on btc, i made a volume compare tool. The reasoning is that if volume on btccny really disappeared due to the forbidden margin trading, there should be a big difference in the ratio since a few days ago. Blue and green lines are a ratio against the same base volume. the red line is a 5 day average of the 2...
A divergence between the volume and the value of the index indicates a lack of enthusiasm with this new top. This ocurrs just before August, which is a typically bearish month, and under the systemic risk posed by Deutsche Bank. Moreover, NYSE Margin Debt chart reached a peak some months ago (see www.advisorperspectives.com). In my opinion, there is no substantial...