BMoom

BMoom Updated 

We may be getting a little overheated with too many people FOMOing in on news. Possible rising wedge on daily to watch. Daily sell zone target hit. Strong sell signals on TRDR trdr.io With that said, we broke out from a bull flag and the target has not yet been hit.

BMoom Updated 

Back in our old channel as if 2017/18 never happened. Let's see for how long.

BMoom Updated 

Descending triangle has high probability of eventually breaking down. Possible bear flag on 4Hr. Red lines and zone resistance. Green lines and zone support.

BMoom Updated 

This is a republication after I realized how confusing the arrow on the last one looked. The pattern we are making has a lot in common with the July 2017 Segwit crash. Looking for a strong rejection from the red zone after bouncing from the green zone (bottom left). Possible to not bounce in the green zone and break through. Bounce off green and through red,...

BMoom Updated 

The pattern we are making has a lot in common with the July 2017 Segwit crash. Looking for a strong rejection from around $38.6K to confirm. Let's see how this plays out. Mostly watch the two bottom charts. 4 Hour on the bottom left and 1 Hour on the bottom right. I just publish the charts I'm using and don't pretty them up for you. It may not play out...

BMoom Updated 

If you followed along on the last publication, we bottommed out right into a very strong support zone. The trend ended with oversold conditions and a TD9 buy on the 4 hour chart. We are currently in the 1-4 4Hr candle bounce from the TD9 buy. The scale is a little off because it's drawn in 10Min candles but can only publish 15 min as the lowest timeframe. ...

BMoom

Bitcoin Sell your Hodl or $60,000 - $81,000 ?

BMoom Updated 

It is starting to look like a breakout to new all time highs is coming. 4hr chart is currently on a TD9 sell, so I’m watching for one of two things to happen. 1) we breakout of the symmetrical triangle on the 1h then pull back to test the top of the ascending triangle on the 4hr or 2) we pull back to the $33.1k (100hr WMA) area then bounce to break through to...

BMoom Updated 

Watching for a breakout of ascending triangle but being cautious of the TD7 hourly candle. If the break out extends beyond two hours we may pull back to confirm or adjust the diagonal line. Break out should take us close to $30k and the 1.618 Fib ~$29.9k. From there I will be watching for a top and TD9 sell Monthly to start. Friday will be the TD9 sell daily...

BMoom Updated 

I've been watching the market conditions a bit more closely and while there is cause for celebration, being back in the vicinity of the all-time highs, we appear to be overextended again. The monthly, weekly, and three-day charts are all on TD9 sells. Curiously, the 1D chart is making what could be a rising wedge again, just like my last short call back in...

BMoom Updated 

We will need to see a bounce around here. If 200 D MA and trend line break. I'll be watching for the next trend lines around $8k.

BMoom Updated 

We are at a critical place in my opinion. Currently bouncing off very long term trend lines, but stuck under 50 Day MA. Watching 1hr candles, which topped on TD 9 sell, for directional indication. Taking a break for more upside and to smash through MA or break the trend line to signify lots of bearishness to continue for a while? We will see. I still see ~$1.2K...

BMoom Updated 

Let's see how this ages over time. Channels with grand channel. I'm thinking a bear market continues until July 2019 and bottoms in the $1,100-1,300 range. Chart using 3 day candles.

BMoom Updated 

Two options: Bullish break out from symmetric triangle for a continued short term rally. More likely, a break down of symmetric triangle off TD 8 or 9 daily count, with a head and shoulders pattern and further breakdown to red buy zone. Note on this next buy zone: I've become very doubtful this next buy zone will be our bottom.

BMoom Updated 

Looks like trend line could not be broken on daily. A short likely.

BMoom Updated 

It's time for a decision to be made. Continue with the bear or reverse to the bull. If we see a breakdown, then yellow lines are target.

BMoom Updated 

Trying to keep this one simple. Buy zone(s) in red.

BMoom Updated 

So if you have been following my TA on BTC, you know by now I’m a fan of Byteball (Yes, funny name, but the balls are from the image of the Directed acyclic graph (DAG) and Bytes are the native currency, so Byteball is very fitting). Byteball is one for the first crypto currencies to use DAG, which is a technology different than blockchain and I believe it to be...