Venatore

Venatore

Analysis BTC currently created a Strong Reversal Bullish Divergence on the 4H and 1H chart. Nothing much to explain on this part of the chart. Bullish Divergence, specially strong ones are a clear hint of market reversal. This can mean that the last 2 days it has been a massive Bear Trap, and we would want to wait for a Hammer Candle as an indicator of that. It...

Venatore

Analysis Clear Ascending Triangle in the making on the 30m Chart . RSI mostly overbought but with yesterday's rally, RSI isn't something to completely rely on. EMA20 just crossed on the 30m Chart, meaning that it can bounce back up from here, or make a reversal down to an abyss. Personal Thoughts EMA20 doesn't lie, meaning that BTC has to make a decision...

Venatore

BTC broke two descending triangles in one bullish rally early this week. Currently running a Bullish Rectangle on the 30-Minute Chart, and respecting the new support area around $48.500. I am still bearish on a weekly timeframe, but this might be the beginning of the reversal, that can start around 25 to 31 of December.

Venatore

Greetings Readers - I just joined the Technical Analysis aspect of the market in the 3rd quarter of this year, and after a couple of bullseye analysis, including the short of BTC from it's ATH (which pissed some of my friends that are in the game longer than me), I decided to start sharing my analysis with the public. Non of this is any trading or investment...