papabizz

papabizz Updated 

Ive been waiting for this moment to happen, and it finally did. Where do we start? Lets look at the basics first. ETH has been in a downtrend channel for a good while now, as seen on this chart, we just hit that trendline resistance. The resistance we just hit has been hit many times before, which validates it. Reason for the pump is leveraged shorts, alot of...

papabizz Updated 

Have not been posting for a while now mostly because I started keeping my charts to myself to learn more. Thought id share this one Here is a potential bearflag that can break down and make another nice pole down. It clearly looks like we are in a downtrend and looks like its staying that way for a while. As always, this is not a financial investment advice, do...

papabizz

Previous bear pennant is not in play. The flag will break very soon, be ready for a short/long position. Personal guess is this is going down, due to the fact that we are close to a resistance line, but have plenty of room to fall down. Stay safe. NOT AN FINIANCIAL INVESTMENT ADVICE - DO YOUR OWN RESEARCH

papabizz

Good sunny day my friends, BTC has broken out of the downtrend I posted previously, all hail the KING :D Lets take a look at some long term levels to be aware of. The first resistance is I believe we are going to look at is the 9000 USD psychological level. But there is no confirmed resistance here according to the 12h chart, but a very close one, ~9200USD. The...

papabizz

Whatsup fellow traders, I hope all is well with you. Today I took a look at the 12h chart, I came to a realization - sad times ahead. We are seeing some serious downwards movement and I do hope we are going to reverse at one of the blue support lines. Dont get me wrong, I am a big believer in crypto and I believe it will change how things works within the...

papabizz

Whats up my fellow traders -- I hope you are having a great time and well prepared with the eastern eggs. Looking at the 4h chart, We are seeing signals for a reversal, although, we are still in a descending channel. MACD is crossing for a bullish movement and we are also seeing that the RSI is fairly good, although not perfect. If we break above the red line...

papabizz Updated 

Wassup First chart --- Trading sideways at ~7900USD for some time now after the drop, I dont expect 7800 to hold, thus pushing us down to the first marked Support level: 7575. If we drop below the first Support, we gratefully meet our next support at ~7255, MACD & RSI looking good atm - reversal expected at 7255. Educational Chart - I am not responsible if...

papabizz Updated 

Whats good my fellow traders / Looking at the 3H chart, we see some good buy signals coming in. As always, wait for a confirmation to breakout above to ensure we are not getting faked out. Educational Chart - I am not responsible if you use my ideas/suggestions and lose money - Trade with caution