Im posting a lot of charts today. :) Feedback is always welcome
Here is a little proof to all the haters that Fibs definitely work. If you do not understand the way fibs work you can send me a private message and I can help you out. They are pretty simple to use. Check out some of my literature if you get bored today at work or something :P medium.com That is my medium account. There are quite a few write ups I have done over...
Here are my thoughts on XBT today. I am seeing the end of a pennant and Im curious to see what happens. Keep your eyes open. On another note the cloud has been working so well on the 4 hr lately. I really like seeing TA work like this. So many people discount TA because they suck at it. When the price bounces along the cloud like this it proves to me that there is...
Im trying to see if I can make sense of the madness. Possible scenarios are drawn on the chart. If you have any questions drop them in the comments. If you are interested in learning more about Bitcoin check out my writings: medium.com These write ups are more aimed to help noobs enter the market with some confidence but some of the writings are also just...
Here is a look at possible scenarios if the cloud fails to provide support for BTC. Keep your eyes open folks... This ride may just get bumpy
Here is another example of the cloud performing rather well. Just wanted to document it in case I ever have any doubts later. The cloud is a great indicator
That cloud is a great indicator. It doesnt always work this well but I have seen plenty of instances where it works exactly as advertised. My thoughts are on the chart! I am learning more every day.
My thoughts are written on the chart. I usually stick to daily charts but I decided to look at the 4 hr today. If you would like to read up on my thoughts in relation to Bitcoin and basic economics check out my write ups here: medium.com Thanks!
Looking at a possible scenario for BTC today. The pattern on the chart may not be perfect but this is what I expect for a bit. This is more or less just a chart that will help me. But I figured I would share it with everyone else as well.
This chart is more or less for my personal use. This is every time Ive bought this year. (Every paycheck) This is a great strategy. When combined with trading this has worked pretty well for me.
Just observing what happens with this. 2.5 more hours til confirmation candle. Im thinking we may just walk up this cloud
A look at the 4 hr chart shows a double top followed by a significant drop. Just want to keep my eye on it
Just drew a different fib on this chart. My thoughts are written on the chart itself :)
Here is a look at the chart today. BTC has fallen from 8k to nearly 7k in a matter of an hour. Discouraged? Dont be. If you didnt take profit take this as a lesson. Next time secure profit so when a dump happens you arent holding those heavy bags! My thoughts are on the chart. Happy Friday everyone! If you would like to learn more about Bitcoin check out my write...
Here is a look at a prediction I am making. I dont usually do this but since its not really a price prediction I am gonna throw this out there. The golden cross worked well with BTC and many other Alts so I am keeping an eye on this. We have already seen a 25%+ increase over the past few days. Maybe this was in anticipation of the future golden cross? Maybe not....
Is it time for a significant retrace? All signs point to maybe. Keep an eye on this. Here is my latest write up (Bitcoin vs Altcoins) Check it out when you can medium.com Happy trading :)
Here are a few of my thoughts on BTC for today. I am beginning to really love the Fibonacci. Daily volume has been record breaking. Not even during the biggest day of the bull run of 2017 did we see daily volume like this. On December 17 2017 we had 20,000 dollar BTC. The daily volume on that day was 13,314,599,936 and the market cap for BTC at the time was...