weekly chart we need to hold this long term trendline, again the NVT at the bottom, bull runs only start on green, as i have said this last run was not a long term run. rsi and stoc all near oversold. did anyone notcie Bitcoin price dropped and USDT dropped, thats a sigh of pulling out of the market. imo allot of it is miners cashing out. the volume is...
do you need any more info than this chart? pomp- tone vays- all refuse to see that bitcoin grew because futures are invloved and used that it was world interest. the intrest was big money men buying and buying and selling then shorting on launch of futures, bitcoin made them very rich while the hodlers search twitter and youtube for fomo....
Bitcoin RSI turned bearish on daily.... keep an eye on it
Mogg lines just a tip. draw trendline on wick heads and wick bottoms and then in another colour draw trendlines on candle tops and bottoms, if a candle body drives through the gap between full candle trend towards the wick trendlines its a good sign on larger movement
this is if 7850 breaks over sold in RSI and STOC. THIS IS GOOD YES, but it does not mean people stop selling, we could stay under for a while, the more they sell the longer is bounces around in these areas. this is my opinon on the next few months. the monthly charts look , the rsi and stoc are still above the over sold and heading down so imo we might not see...
short term, could see some moves in the next few days,, long term bitcoin is over sold. RSI is over sold, it might stay down there for a while but the only way is up baby!!! being over sold can still send it down, because it does not mean people will stop selling, but when it goes bang all the over sellers are going to jump back in hard
RSI on daily is bottoming . on the weekly its at 46.6 nvt seems to be leveling and crossing over We are not looking to bad, this could lead to sideways for a while, just because it bottoms it does not mean it will moon, it can stay over sold for a while and bring sideways small movements, or it could moon!! as i said on the last i believed we would go below...
#BITCOIN You know i chart pretty basic and dont like btc maximilists , but just for giggles and laughs, if this chart comes true... January seems to be a major month between bull and bear but to be clear, its prety accurate if trend and history carry on MILLLLIOOOOOONSSSS!!!!!!! ANYWAY BACK TO BEAR WATCHING!! HAVE A GOOD WEEK
RSI at the bottom, does not mean it jumps out asap. it can go sideways, on this chart 6300 could be the bottom!! looking back a the last RSI bottom, this could play out. rsi has only a hand ful of times on daily in BTC history been this low
ive gone long short term. Bitcoin looks over sold on the daily on rsi - stoc and seems to be respecting the trend line on NVT a push up to 10200 COULD happen short term, how ever, the long term on weekly they charts still look bearish. this next week could see a move up with some side ways movement and a move up short term, long long term bearish. i still...
OK so everything has floored, rsi, stoc, but NVT is toucning the trend line. IMO, if i was a betting man i think october 4th to 7th could see some moves, how ever!! if the NVT goes below the RED trend line its not good! REMEBER FOLKS, big massive btc moves come when the NVT goes green at the bottom, have a look people need to realise futures have a big say in...
daily bitcoin oversold, weekly looks like a nother few weeks of low volume
long if you are a true believer that cme fututes gaps need filling, if we are going off CME gaps, there are two unfilled if its true that bitcoin needs to fill gaps , which so far is true regardless of bitcoin maximalists refusing to say futures has a big say in Bitcoin price, Pomp, Vays will never even consider it!! Pomp uses people pension funds respect to...
daily 200 ma holding NVT seems to be leveling with the nvt trend line rsi is in oversold i think we will stay in the large triangle i think we should all concentrate on april/may 2020 with moves now in the 5/10 percent up and down inside the triangle until then
NVT is hovering on the trend line, idealy most bull runs have started when it hits the red dotted line. BUT like ive said many times, now that futures are a big part of BITCOIN its impossible for any ... ANY one to do a TA. IF TA works then IMO we need to bounce off that re dotted line, untill then it could be a slow decline if we also break below that long...
I think we will drop very quickly catch the nvt uptrend line and go sideways untill 2020. look at history, tether manipulation brought this last run to 13k. the stage is set for bitcoin to drop and repeat !! buyers are burnt out, sellers are ready to start again at the bottom and Bakkt will want btc cheaper, why the low volume in bakkt? bitcoins to...
RSR pumped a bit ( like i said) we need to hold that trend line volume looks awful lets see what BTC does to the 1 dollar an RSR callers, get out of crypto asap. have we not moved on from 2017