look at obvi big money wanting price upupupupup stop fighting and go longggg!!! cant beat em join em hit that buy button and take a vacation and come home with lambos in da drivewayyyy u crazy if dont dont be crazy do eeitttt
Just an idea for how long price will move down from this bounce, We've hit log resistance twice now and price will show this with a 3 day bounce. The market has definitely entered a new phase after tax day even if its still going to keep moving like bear for a while, so I am long term bullish, but here is a great opportunity to short.
will be keeping my updates of current action here.
BTC road forks here, 2 positions looking at consolidation of last week. a) is this the last legs of the bulls and down we go to a new resistance? b) or will BTC climb up from our february confirming low of 6,5k as market quickly matures? With BTC hitting below 6,5k on the hourly chart quite a few times I was almost inclined to give in to the bearish fashion after...
I’ve been bullish on the mid term and BTC hasn’t thrown a bone my way. Time to give up the narrative so I’m going to take a break, a smoko, from that position and start doing minute charts. So… What’s happening on the 15 minute chart? After the bull trap where we saw the price around 7,4 two days ago, the RSI and MACD divergence foretold a steep correction,...
all of my TAs lately have been bullish and the reason for this is I’ve been trying to show from different angles why we’re currently in a major consolidation, and why you should gear up to be going long. Today’s lesson covers MACD and RSI with price movement, focused on divergence and signals calling a trend continuation or break. First I want to mention the...
could this be a repeat of the feb low inverse h&s? sure seems like we could be rising from another low… if this is a repeat of the h&s pattern it could very well suggest this time we’ll be breaking up, out of the trend. The numbered and alphabetised points on the chart are significant points to give attention, especially for deciding on the placement for this...
Ayo! Seems like the 4 day break has BTC rested and ready to shift gears or so it seems... so how do we know if we’re going to 7,7 or straight back down? Let’s take a look at the Awesome Oscillator - logarithmic. I scaled on log so the momentum moments i want to discuss are easier to see. You’ll notice the same patterns in linear but with more noise. Right...
WHAT WHAT WHAT? I think a few people are starting to see the moon from the stars. The Chaikin Oscillator is an indicator for the ADL/CMF. USE IT! Chaikin is rolling in his grave right now and you did it. get taught, fool: IT MEASURES MOMENTUM @@ 3 TIMES SEPARATED FROM THE MOTHERF***ING PRICE! Yo, that's a nice final form for a charting tool don't ya think? Go on,...
BTC has been steadily falling in an XYZ correction that should have finished up a few days ago, but traders are still bearish, even though the market seems to be changing hands as we speak. Looking at the downward channel (outlined with the pitchfork), we see it crossing hard with the larger wedge trend (starting on the March 5th high that formed the double top...
Happy easter Monday to erbody in Aus! instead of eggs I’ve been hunting the golden ratio. As we can see here we have a nice Fibbonaci trend matching a 5 wave elliot with a WXY correction wave. In the Fibonacci B section I’ve shown the 3,3,3 pattern for you of a WXY correction, but it gets a little small in the d section to map out so you’ll have to trust me. If...
Happy easter Monday to erbody in Aus! instead of eggs I’ve been hunting the golden ratio. As we can see here we have a nice Fibbonaci trend matching a 5 wave elliot with a WXY correction wave. In the Fibonacci B section I’ve shown the 3,3,3 pattern for you of a WXY correction, but it gets a little small in the d section to map out so you’ll have to trust me. If...
It looks like over the next few days we won't see much out of BTC other than a slow but steady climb to a 7,2 average, as the support at 6,8k is very strong. We've been eeking the end of a 10 wave cycle for a few days now and if BTC wanted to fight that 6k support the bears would have had a smooth ride already; having contested 6,5k TWICE with no avail. The...
rehash of previous chart... Hope we all see the repetitive pattern scaling at the golden ratio. Will be hard to break the 6,7XX support. Just wanted to point out the MACD . I seen a few hot calls saying a time to sell as the MACD breaks the signal down. DO NOT LET THIS FOOL YOU. History repeats itself. Look at the volume at the first 5th wave. Now look at...
Hey guys! I’m really excited about this TA, so let’s jump in! >>> So I've been obsessed with double tops, I keep seeing them everywhere! which got me thinking... fractals, golden ratios, nature and crowd psychology. Looking with fresh eyes at this big wedge and down channel everyone's been drawing made me realise something. If the down channel is going to push...
Not sure what I'm doing just having some fun. I am VERY unaware of the ins and outs of TA so don't read into this too much, but if you want to ride along with some unorthodox sense-making you get front row seats. So what I got here is some big wedge action coupled with a down channel, a MACD, a 120 day SMA, a 120 day EMA (thicker line), and last but not least our...
Its been dark days for BTC and everyone's calling a retest to the 6k/7k support. Its been a pretty bumpy ride sideways and its getting hard to tell what's going to happen. When people can't see clearly they either imagine what they fear or what they hope... In a time of FUD I hope this TA shines a little light at the end of this down channel tunnel! So.. Looking...