In my previous post I talked about Bitcoin potentially trading in a Ascending Triangle, now that a few days / week has passed, we can see that is clearly the case.
Today with RIOTS breaking out worldwide, especially in Hong Kong, we can see the need for #Bitcoin more than ever, as even "developed countries" start to fall apart economically & politically.
Time...
It looks like Ethereum is trying to break this resistance keeping it from trading in a Ascending Triangle.
Let's see if we can gap to 254ish USD.
Time will tell per usual.
It appears as though Bitcoin may be trading in a Ascending Triangle, once again.
I have adjusted the trendline since my last post linked to this one, and this chart is on a larger time frame, so it's more accurate in regards to the Macro trend.
FYI, I'm in savage mode atm, watch how the market reacts after every post I make!
And for the people trying to...
Hello my fellow Bitcoinistas!
I modified my weekly chart slightly and moved the baby blue trend-line connection points from Touchback to Touchback. Still a perfect fit! If this decline ends at the trend-line like it did the last time we broke out we should see some significant movement from here. I'm not going into the 20/40 cross etc. as I have written about...
Bitcoin looks like it's trading along the Green upward sloping trendline just fine.
The Macro picture looks decent here, honestly.
It will be interesting to see how this plays out now that the CME contracts have expired.
Friday (May 31, 2019) was the last day of trading with futures contracts settlement happening on Monday (June 3, 2019). Several industry...
For a long time, Smartlands was the best performer in my crypto portfolio. It even outpaced BNB for a while (which I still don't own). I originally bought SLT when it was worth 2XLM. Now it's worth 24 XLM. At its peak, it was nearly 50XLM. Interestingly enough, that peak coincided with its listing on Bittrex, where it gained a Bitcoin pairing for the first time....
A couple days ago i put out a post predicting that we would break to the upside. Despite all the bears calling for the market to break down we ended up breaking to the upside as i predicted. The previous trade i posted is still working away with targets around 9800 and my stops have been moved to the 8550 area to guarantee that i lock in some profits .
On the...
It appears as though Bitcoin is going to finish this pattern by the end of the weekend.
In one of my previous posts on Bitcoin i talked about the upward sloping trendline & how every time #BTC has traded on it since April / May, technically even further but not on this chart, we've seen parabolic movement, and we seen just that.
I've adjusted the line slightly...
Bitcoin has just had a nice healthy retracement back $7,675ish USD, which is now new support.
Since bouncing off that support BTC has retested resistance at $8,253ish USD, and is now getting ready to make a move higher.
Time will tell per usual.
