BillionaireTomBoi

BillionaireTomBoi

See my previous bitcoin analysis to see how I successfully predicted Bitcoins path weeks ago. We have now shown strength on the weekly chart, with a strong bullish break & candle formation. See my Daily chart analysis for possible reversal soon, to retest the low of the uptrend. I'm still overall bullish for the next year, but do expect small pullbacks over the...

BillionaireTomBoi

Update from my last bitcoin analysis. Short term bullish (net 3-6 months), long term, we'll see once we retest the red lines indicating resistance & then fall back & hold the white diagonal line, signaling a trend continuation to the upside. If this happens, that's when I'll look to add to my crypto positions. News does't matter to me. I'm a trader. All trades...

BillionaireTomBoi

I haven't posted in a while because since I entered a position in my SPX index fund, there hasn't been much to say. Until now. I'm posting this chart to show my updated levels & chart analysis. I'm NOT adding to this position until we retest the (diagonal) white line, indicating the current trend that we are in. At which point, we will either hold the trend for a...

BillionaireTomBoi

Heres my technical levels drawn. My day trades will be SHORT until further notice. I'm only trading: BTC US100 USDWTI (Oil)

BillionaireTomBoi

This daily chart analysis couldn't get any simpler. Price will either respect these high concentration zones or fail them.

BillionaireTomBoi

Contrary to my normal technical analysis, I've added common Moving Averages used by Hedge Funds on the Daily Chart. Price is clearly below all of them, with a strong break below the most recent Support Zone, which I've labeled "Current Resistance". My previous analysis notated that Zone as a possible support level, which we have now clearly broken through....

BillionaireTomBoi

If you've been holding out on Bitcoin, here are the levels a smart trader would be buying. We've finally reached a level on the chart where history has shown high demand, as marked by my white circles. This analysis is strictly Technical, as Fundamentals don't matter once you get to high demand levels that are watched by Top Traders. I won't predict a new high...

BillionaireTomBoi

I've drawn areas to possibly buy more bitcoin. We are bearish at the moment but not yet in a downtrend. Price will need to pullback & fail resistance before claiming downtrend. I am not adding to my position at this time.

BillionaireTomBoi

Litecoin’s chart does not have to follow the chart of BTC, ETC, or any other crypto. From my analysis, LTC has not broken out into it’s potential like Bitcoin or Ethereum has. Litecoin has much more potential at this point, especially for those with a smaller account. This is a wave beginners can ride. Adding majorly to my position.

BillionaireTomBoi

BTC is a waiting game for now. I've drawn possible levels of support.

BillionaireTomBoi

Bitcoin has just retested it's previous level of downward pressure. This could just be a pullback which will push us above the highs or a failure back to the $35,000 level. The current candle formation, within this short term downtrend, is showing to be extremely bearish. Look for price to retest one of the solid white lines I've drawn, before adding to you...

BillionaireTomBoi

If you haven't gotten into AMC long, this is the time. Regardless of all the talk about the short interest, or other fundamental factors, the technical chart shows a perfect entry. Whether you want to day trade this or hold it for a few weeks/months, this is a great momentum play for any trader of any skill level.

BillionaireTomBoi

BTC has found support & given us a very bullish candle to breakout of the bounce at support. See all my previous BTCUSD analysis'.

BillionaireTomBoi

I'm still long Bitcoin from the $9,000 area. See my previous analysis, linked below. Mass adoption of crypto for payments, money transfers, & store of wealth is still possible, but in my opinion, not yet 100% reality. I'll go into more detail about my fundamental analysis at a later time. For now, these lines shown on this chart indicate the technical trend that...

BillionaireTomBoi Updated 

Short explanation: Wait for price to drop to my drawn lines before buying or adding to your positions. These lines indicate the areas that the big buying is currently taking place in bitcoin...AKA the uptrend Long explanantion: My drawing projections aren't always 100% accurate, however, it's all about direction & areas of obvious buying pressure. The lines I've...

BillionaireTomBoi

This is a retest of the Hell that broke loose. Ask youself a question...If there was that much selling here, what's the probability that price will fall big the next time price comes here again? If the answer is more than 50.1%, you should probably take the trade. Price might not be guaranteed to fall as far but you've got a clear signal that you could bank at...

BillionaireTomBoi

See my previous BTC analysis'. As long as we stay above $8,000, we WILL retest $20,000. This move will more than likely take another 3-6 months to complete. I've got Bitcoin in my long term account & don't plan on reducing my size until at least $15-18,000. I plan to Daytrade all 1 hour pullbacks for income trades, over the next few months. Buying at key Fibonacci...

BillionaireTomBoi

Projected road map for bitcoin.