Very short TF, just looking at levels at where whalechad was filling up his hidden orders on the 15th on BitFinex. (Green lines) Absorbed a lot of BTC and not sure what to make of this; seems like a bad idea to accumulate this way. Some possible scenarios: -Wash trading by selling into their own hidden walls with other people's shorts too (maybe) <<< -Whalechad...
99% of the ideas posted here turn out wrong only 1% of them are right this is the 1% so watch very carefully I actually created this exact chart quite literally all the way back one month ago and so far it has been following my path near perfectly bitcoin will not go lower then 6,000 before seeing near 10k again now is a beautiful time to be buying bitcoin today...
sunday could really be a day for bitcoin by this TA
$7820 at 00:01 UTC today 5/18 My call on April 17th 2018 of a $9849 short term high and the low of $5680 on the GDAX 1day is still valid from the multiple idea's I have listed here on Tradingview. I am basing the $5680 figure on market sentiment + my unorthodox charting (however it is true speculation on my part at this point). I have been of the opinion that a...
BTC is currently sitting at a critical support level of $8800 USD. Bitcoin needs to complete it's 5th wave past $10K for many alt coins to complete their own 5th waves or cup+handle breakout. News that the Mt. Gox trustee has transferred 16,000 BTC and 16,000 BCH from off of cold storage and (the rumor is) on to an exchange. Who knows? Could plan to sell...
The wedge is tightening on BTC and a second test of 9000-9200 resistance is possibly coming up. There are two scenarios as I see it: 1. A bearish smaller wedge is forming, reaching to test 9000-9200 resistance, also around a weekly resistance that is strong. Today is sunday so a close below can show us testing of the previous support levels at 8000-8500. 2....
RSI is reaching prior resistance around 60 aswell as the 50 EMA on the daily. Still in a nice channel. I would be careful to call it a wedge at this point. A break could bring support on top of the EMA and give yet another uptrend confirmation. Will bring obstacles around previous resistances at 8600 and major 9100. A rejection at EMA could initiate a double...
New support zone for BTCUSD @ 6800. If the support breaks, new support @ 6400 ( see ). BTCUSD is clearly bearish but the immediate trend could go either way. I can see a sea of whales. Never underestimate the ability for a bear to turn into a bull and the other way around. One wave at a time. DON'T APPLY ANYTHING I WRITE.
One thing I was always taught was that bitcoin doesn't do sideways. Well, obviously it does. Either someone needs to restart the bot server, or whoever is keeping the price in this strict channel needs to work out what they want to do. Maybe we're in a negotiation phase. One whale (bear whale) wants to keep the price down, and is negotiating with another whale who...
Spike - this is very interesting spike, I believe a whale entered market here, but such spike, means huge volume = someone have very big reasons. And whoever he is he knows something what we don't know. From that point price reversed to a uptrend and very volatile. My suggestion is - follow the whale. Resistance - if it brakes resistance our TARGET1 is...
Holy moly! The water is not fine anymore. I just wait until this Whale fight has finished... P!