cryptoastrologist

cryptoastrologist

Target : 12.5K 1) low volume bottom, no sellers willing to sell sub 9K, and we know many buyers are waiting for 8-7K. market has to rally. 2) new bottom found after a long draw out correction, during which accumulation appears to have taken place. 3) a new support trend line can be drawn by connecting the 1 & 2 bottoms, However! this new trend is not tested, ...

cryptoastrologist

Looking at the previous market cycle: We see that fib 0.382 is first resistance then support, as BTC climbs out of the bear market. We will be trading within the confines of the 0.618 and 0.382 for some time, so a nice wick to the down side is possible but unlikely.

cryptoastrologist Updated 

Bitcoin is now entering a key support zone ( 9.6 -9.1k ). Everyone thinks that the recent drop has "broken the triangle" and this means 8-7K is a given. when infact, that pattern was simply invalid to begin with, we need to just throw it away and move on. On the chart above we see that whenever price breaks below initial support, it goes for a test of the support...

cryptoastrologist

without going into any details, this is my perdition. when all the bears turn bullish ( at ~11.3 ) that's when it'll be time to start thinking about the pull back.

cryptoastrologist Updated 

Bitcoin is looking stronger then ever! We will soon see an explosive move above $14400, at which point bitcoin will continue to rally and eventually set a New ATH!!! just in time for Christmas! YAYE! its going to be a happy new year! Currently, price is in an upward channel and hitting a weee bit of resistance. DON'T PANIC! price is also Above the the 4hr60MA ,...

cryptoastrologist Updated 

We just had a nice little bull run, sadly that is over now. I suspect we will paint a falling wedge. Because i believe the market as a whole is slowly turning more bullish, I expect the bottom of the falling wedge to be in less of an incline then the previous one. Once this falling wedge is complete, we will have put in yet another higher low, as we once again set...

cryptoastrologist Updated 

The Picture above paints the most bullish outcome of the inevitable Fake out + Break down to come! get ready, this is happening! 100% chance. watch the 60 MA on the hourly ( or 15MA on the 4 hours) a clear break above it will signal the breakout. wait for price action to appear to use this MA as support for full confirmation. I believe this fake out will have a...

cryptoastrologist

this is my best guess for BTT's future. i don't hold any, and dont plan to. just making a quick little chart for you BTT holders. Cheers

cryptoastrologist

It appears the 6 week long wedge is done.Market has broken out of the wedge to the upside, but have yet to paint any high volume green candles. hour by hour volume is shrinking, this tell me that a big move is coming soon. I'm thinking up, but i don't think it will be as violent at the the previous big rally from the likely bottom (3.1K) I believe we will...

cryptoastrologist

Everyone says there will be DOOOM if we break the 200MA. But it looks like no one is willing to sell coins for that cheap just yet. We are currently forming a double bottom on this 200MA line, with medium volume. Why? because buyers are waiting for 200MA to break to get a better price, and sellers are unwilling to dump coins for low prices. will the 200MA...

cryptoastrologist

just in case you're new to TA I labeled what we call the "Top" and "Bottom". So... are you planning on selling at the very bottom or are you selling now? comment below.