CuddlyCuddles

CuddlyCuddles Updated 

DO you see this shit? I thought of it while I was about to update one of my ideas. This is a head and shoulder continuation pattern, a very possible one at least. And it is a part of that big inverse head and shoulder pattern, what the hell is this what am I looking at... Only in crypto for real, this is absurd. Okay so outrage aside, this honestly looks like...

CuddlyCuddles Updated 

There is no bullish momentum or strength, earlier I was expecting a bounce, but so far we have been dropping indiscriminately, each time is just a small pause to another movement to the downside. The strongest support in a while has been broken, it held strong but it was broken in a matter of an hour, so it is far to say that the entire cryptomarket and bitcoin...

CuddlyCuddles

It looks like there is a descending wedge (light blue) that occurred with a 4 hour bullish divergence that occurred at around 7300. The bulls did a really good job defending 7300, and the bears were showing a lot of weakness, however, it was on the fence if the bulls could recover from that drop, but they did and right now the bulls control the field. The...

CuddlyCuddles Updated 

It took me a while to figure out what was going on in this case, as most patterns did not fit the volume identity to be confirmed as a pattern, even this one on the daily does not have strong confirmation from volume , and if we are looking for just patterns, I can find a multitude of patterns, within the same setting, and we are suppose to look at volume for...

CuddlyCuddles Updated 

After yesterday's large drop in price, I found a couple of things; however, I do not know if the bullish sentiment has remained, I do believe that because bitcoin has broken 8000 again, there is a chance that the bulls may still have this and that yesterdays' price drop was just drop because of news but not a change in market sentiment. Short term analysis: This...

CuddlyCuddles Updated 

Calm Down, everything is currently fine if your concerned. I will provide you a synopsis of is happening right now and why there is nothing really to be concerned of as of yet. Bitcoin did make a move downwards, which was something I expected and I had mentioned it prior, in the light blue, I have drawn three tentative trendlines, and currently, they have yet to...

CuddlyCuddles Updated 

No, it is unlikely that Litecoin will get slaughter like other Alts. It appears that Litecoin, some other coins has had a double bottom head on an inverse head and shoulder bottom, and it appears like the better altcoins are popping off at different times which makes me think that it is completely possible this is a total cryptocurrency trend reversal with...

CuddlyCuddles Updated 

Okay, So I have had so choppy really bad analysis, and sometimes I do not give an idea the time in analysis that it deserves, and since I botched my analysis first of Bitcoin Cash I decided to take a step away, and re-examine it later and check out what I discovered! Bitcoin Cash might be on the verge of an absolute explosion in price. My Analysis: During my...

CuddlyCuddles Updated 

Ever since Ethereum has crossed the neckline of the major inverted head and shoulder, the buy volume has been lacking, including on the break out, barely pushing through the neckline at first as opposed to other cryptocurrencies. I can identify a couple things that are more probably to happen to Ethereum. But before I do that, I would like to say that I am...

CuddlyCuddles

Ethereum has a challenging chart to read, and for this reason, I will be creating this idea for Ethereum which will be competing with another Idea I recently posted. I will be updating them both and depending on the situation, I will close one. There is a lot of things happening in bitcoin and the alts are being very challenging to read, and I do not want to...

CuddlyCuddles Updated 

Its true, the double bottom has been confirmed, and we can officially say that it is bitcoin season and that this bull market is strictly a bitcoin bull market. I did hear some news only recently about an ETF but I do not know anything about it. Bitcoin has broken 8000, but it needs a significant break. I do not have the volume profile up, but I do know that there...

CuddlyCuddles Updated 

Currently, there are a lot of people giving up on Bitcoin, but its not over yet, and here are my reasons. 1.) There was a reversal pattern that took 2 months to develop and in accordance to our rules as traders, we must note that the longer and more volatile a pattern, the more explosive an outbreak is and there are higher chances of it hitting its price...

CuddlyCuddles

Ethereum has broken through its neckline to the upside in the wake of bitcoin's movement but it has broken to the downside on no volume which is still a valid break because topping patterns do not need volume and Ethereum has and will collapse on the weight of itself, this is an unfortunate event and it is extremely like that it will continue a downtrend...

CuddlyCuddles Updated 

Right now, Ethereum is not showing the best signs of strength. 1.) Its current head and shoulder bottom has a downward slope, however, while Bitcoin has a horizontal slope proving how much more bullish bitcoin is comparatively. 2.) The bottom of the inverted head and shoulder did have less volume and it did show a bullish divergence which gives this inverted...

CuddlyCuddles Updated 

I was trying to find inverse head and shoulders throughout the market and for bitcoin cash -0.62%this is what I came up with and I will be dissecting this as thoroughly as my dissection with bitcoin 0.95%. Before I begin, I must mention that bitcoin cash -0.62%did have previous much smaller stronger inverted head and shoulder pattern before this one, it is...

CuddlyCuddles Updated 

As you guys can tell, I have been extremely excited lately, and watching bitcoin in good health and strength is really satisfying. Although you can make money at greater speed shorting, there is nothing that satisfies the spirit as a strong bull market. This is the last and the final battle for bitcoins longer term future right here, and its exciting. IF you have...

CuddlyCuddles Updated 

The bulls have successfully pushed through 6500 with easy. It was actually an ascending wedge (purple wedge with purple arrowed price objective) that broke out to the upside, which surprised me, I knew there was a possibility of that, however, they are most often a bearish continuation pattern, so I was holding my tongue for a moment with a higher expectation of...

CuddlyCuddles Updated 

Alright, my last analysis called it in too quickly, because right now the bulls are putting up a good fight, so I decided to create a new idea where I talk a lot more of what has happened/the possible inverted head and shoulder. So, this shows all of the classic signs of being an inverse head and shoulders, generally, bottom patterns take longer to occur and this...