Get started

Bubblemarket

Bitcoin : change of structure, possible slow and long declineThis is how i see the current Bitcoin crashing structure. The breakdown below the 6k descending triangle broke the main bullish structure. I am expecting a slow declining Usd value, in a sort of similar way of the first Bitcoin bubble. Lonely differences: market cap, and time frame. As you can see, the current crashing market is developping around 6x slower than the first Bitcoin crash, which makes sense considering the difference of capitalization. It took Bitcoin around 135 days since the eventual current position in the same structure, to start a bull cycle. Which means the current Bitcoin cycle could start a bull run in around 2 years. Yes, this is a possibility. Of course this is just some technical speculation, but this might not be far from what is about to happen with Bitcoin , 2 more years of bear market. I could be totally wrong, this is just an hypothetical analysis. But this is something to be aware of, if you are feeling able to invest and wait for some years. Stay tuned.
BITFINEX:BTCUSD
by Giovi6969
46
Bitcoin Daily Update (day 256)I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. My recent Bitcoin Bubble Comparison - 3 Day Chart led to the following calls: < $5,750 by 11/15/2018 & my prediction for the bottom is $2,718 by 1/20/19 | My Bitcoin Bubble Comparison - Monthly Chart closely mirrored my price and time targets | Calling for $35 ETH before the end of 2018. Previous analysis / Death cross with 9 and 34 MA’s, close below symmetrical triangle and a breakdown of horizontal support triggered a full entry Position: Short BTC:USD from $6,353 and short ETH:USD from $205.20 Patterns: $5,600 target from symmetrical triangle was hit within 48 hours of breakdown Horizontal support and resistance: S: $5,522 | R: $5,875 - $6,150 BTCUSDSHORTS: Bouncing hard and fast but still plenty of room to go before resistance Funding Rates: Shorts pay longs 0.224% (wow!) Short term trend (3 day MA): bearish Medium term trend (8 day MA): bearish Long term trend ( 34 day MA): bearish Overall trend: Death cross provided an ideal short entry yesterday evening. Volume: Finally!!!! If anyone tries to say that this is a bear trap / shakeout before breakout then refer them to the daily volume. When using a combo of the 5 major USD exchanges this is the highest we have seen in ~ 3 months. FIB’s: (High of Feb 20th and low of Feb 6th') Candlestick analysis: 1 = $5,863 | 1.272 = $4,262 | 1.4140 = $3,426 | 1.618 = $2,224 Ichimoku Cloud: 4h appears to be lining up with my horizontal resistance at $5,868 TD’ Sequential: Today closed a red 7 and we just opened a red 8 Visible Range: Gap in volume at $5,000 makes me think there will not be the support there that most expect Price action: 24h: -10.24% | 2w: -10.59% | 1m: -9.28% Bollinger Bands: Dat' bulge we have all been waiting for : ) Trendline: Connect top of May 5th to top of July 24th. I expect this to be the top of the down trend. Daily Trend: Bearish Fractals: Took out every last down fractal from 2018 RSI: Record low! High alert for bearish divergence. One one other time daily RSI was < 19.6 and a 18.32% bounce followed. If that happens again then price would rally to $6,332 (probably while alts have a flight to safety) and that would create a very similar bear trap that we saw in 2014 - 2015. Stochastic: Monthly is falling into oversold territory. Monthly buy signal + RSI < 45 will be strong indicators of the bottom. Should be combined with weekly RSI < 30. All things to pay close attention to. Summary: Already took profit on 25% of my BTC’ and ETH’ shorts due to RSI reaching record lows along with the daily TD 8 opening (will often get a 1-4 candle correction on a 7 or an 8 instead of a 9). Now I am preparing for three options: a bounce that retests $5,868 - $6,150 for resistance. If that happens then I will be considering it the highest probability entry of the year. I expect there to be so big volume waiting to exit their longs at that price range. Nevertheless I am paying close attention to the bear trap that followed the support breakdown in the 2014 - 2015 bubble (see charts above). The markets have a strong propensity to rekt both bulls and bears whenever possible. A short term bounce back to $6,300 would do exactly that and it is something to prepare for. The main catalyst that could cause that is a flight from safety out of alts and back into BTC’. Could also see another pump caused by traders exiting Tether. That premium is back to 5% and has been inflating the price on USDT exchanges. The last option I am watching for is a divergence in the daily RSI like the one that followed the last time it reached < 19.6. If that happens then I plan on exiting 80% - 100% of my position with the intention to re open at 10% - 18% higher.
COINBASE:BTCUSD
by Sawcruhteez
11
BTC Bubble Comparison - Monthly ChartI believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. The monthly Stochastic and TD' Sequential are showing multiple similarities as 2014 - 2015. The last buy signal did a great job of calling the bottom and it also lined up with a monthly red 8. If that pattern continues then we should get a $2,880 bottom in February 2019 and then it should take 12 months to close back above $6,400. This lines up very nicely with the most recent Bitcoin' Bubble Comparison that I did on the 3D chart.
BITSTAMP:BTCUSDShort
by Sawcruhteez
9
pop goes the bubble.i checked this on the 6 monthly as well and boy it looks parabolic as hell. This is the monthly chart though. The signal is clear as bloody day for me. Finally my monthly indicators are literally ALL in unison. Simple bearish divergence on the RSI. Simple bearish divergence on the fast oscillator and collapsing close to the zero line - scary. Simple bearish divergence on the slow oscillator. Simple bearish divergence on the histograms on both fast and slow oscillators. It's as if the stars are lining up. I don't know about you. But I'm GTFO stocks rn. Come back in when poop hits the fan.
TVC:IXICShort
by EnZo
9
BTC USD nearly at decision timeWe know what altcoins will do. They will follow BITFINEX:BTCUSD so why bother on the others? BTC is the main driver like gold is for silver and S&P is for other markets. Very short analyse from my site. Due to AT, we are targeting to the end of the 'after-bubble' triangle that is normally decision time. We also have very nice channel of accumulation --> $6000 - $6800 where the main battles are. My assumption is, we will almost hit the bottom of channel: ~ $6100 bounce up, test next support at ~ $6200 and then decide to go up to (depend of the market bullishness) or slowly go deeper for next levels. Go up - 60% Do down - 40% How do you think? Best Regards! P4vlus
BITFINEX:BTCUSD
by P4vlus
Trading Strategy for Parabolic Markets [Part 3]In part 1 I outlined an approach that I have been working on that is aimed towards trading parabolic markets. In part 2 I outlined 4 trades with entries, stop losses and risk:reward calculations. The best position (in terms of risk:reward) has been saved for last. Notes: Tyler Jenks says, “All hyperwaves are bubbles but not all bubbles are hyperwaves.” This looks much more like a legit bubble than a hyper wave. Weekly chart has been included to illustrate that. | 200 MA > 10 MA > 50 MA | ADX is getting ready to cross 20 in confluence with the bull flag breakout | Weekly ADX getting ready to cross below 20 | Price is currently below 200 day MA and is acting as resistance | 50 week MA is also acting as resistance | Daily RSI = 56.81 and weekly RSI = 53 | Visible Range Volume Profile shows all of the volume at $19 - $50 and very little resistance at higher prices. Since this is not a hyperwave the VRPR and FIB Retracement levels will be very important. The profit targets are also much easier to recognize/calculate. Q-2 Earnings Report: Deposits: Expected earnings per share: $1.54 vs $1.62 actual earnings per share for a +5.19% surprise. $996.7B vs Projection: $1.009T | Fixed income trading revenue: $308B vs Projection: $3.11B' | Sales from consumer banking and institutional clients: $8.25B & 9.691B for a growth of 2% & 3% respectively. Time Analysis: Could see it gapping over the 200 day MA on Monday, could also see months of consolidation to follow death cross from 4/26 and ADX falling below 25 on weekly chart. Possible Entries: Breakout above 200 day MA and 50 week MA - I have set a price alert at $75.59 | Breakout above local high of $81.54 (second price alert) | 50 and 200 day MA golden cross Risk: Need new low to be established on the weekly after breaking through the 200 MA. If use current low then the risk is 21.25%. Profit Targets: $125 (+56%) | $236 (+195%) | $399 (+398%) Risk:Reward: Depends on how much is profit is capitalized at each target and where the next weekly low comes in. Suffice it to say this is the best r:r out of all the positions listed. When there are too many good opportunities for an entry then I like to use the risk:reward ratio to determine the best entry. Part 1 Part 2 Thank you for reading! If you found this helpful then please like, comment and subscribe!
NYSE:CLong
by Sawcruhteez
Basic Analysis for ETHUSD based on Bollinger Bands.Hello everyone, This is my first educational idea on Tradingview and I hope it would be useful for many, your comments, supportive ideas or the counter ones are welcome. I admire sharing ideas in respectful way, after all no one has the whole image, and who claims that is not truthful with themselves, whoever they are. Let me introduce myself first, I'm a blockchain enthusiastic who believes in the concept of decentralized networks, not only for money transaction solutions but also in the technology itself, what blockchain technology is capable to provide is massive. I'm not an experienced trader, I just started trading my self for less than 1 year, but I like analysis and looking at the bigger image, I usually go long with an appetite to hodl, usually it pays off, even if you bought at the peaks. However, the crypto market is still lacking regulations, thus why we have this massive fluctuations in this market which is very profitable (at least for many) and also may lead to catastrophic situations if we don't double check on all factors surrounding any buy or sell order. This basic analysis is based on a simple idea of Bollinger Bands on the weekly chart of ETHUSD, as we can see on the chart the down trend which is marked by a red "bubble" is almost finished, we just started a new yellowish in color bubble, but this bubble is still young and lacking the right momentum for a massive bull run like the one we had by the end of the last year, in my opinion side ways trade will keep playing for the next 3 months (maybe less, maybe more) in values between 300-400$ before a breakout. This expansion and deflection of the bubbles implies on all cryptomarket, including BTCUSD pair. The main question is, for how long this bottle neck would last? Did we get through it or not yet? I don't think there would be a breakout for the next major uptrend before touching the 350$ levels again, it's the next main support for ETHUSD on the weekly chart, which is a strong support zone and it was active many times especially in the end of the last year. However, that level could not be the bottom of Ethereum, after all ETHUSD started in way less values last year, from 7 to an impressive figure of 1400$, this led to drawback in the market and we are experiencing that right now. We don't know yet how far in terms of price and time this correction would last, but I don't think ETHUSD would go less than 3 digit number in the foreseen future. After all Ethereum is a protocol and it has many implications that would be useful for businesses and organizations, it gained a lot of attention and after the rally last year which gained a lot of exposure that won't wear off easily. This idea is not obsolete nor complete, but I would like to add updates to it when the market starts to show where is it going exactly, your comments and arguments would be very valuable and feel free to express in the comments section. This idea is published for educational purposes only, and it shouldn't be considered as a financial advice.
BITFINEX:ETHUSD
by F_Dibs
Bitcoin: Death cross incoming, unless a miracle happensHi traders, I did not make any update since the last TA i talked about the possibility of a 12h chart death cross incoming. It seems to be closer and closer to happen. How did Bitcoin react in 2014 after the first death cross: a value decrease followed by an important bull trap, then another death cross, that plunged the price of Btc under 500$ for almost 1 year. I am not saying the same fate will happen, as the 2018 peak was not the same value. But it is honnestly not the best sign ever. If we have a bull trap after the death cross, this could be interesting. But i really doubt about the possibility of such an important bull trap, as the 2018 crashing pattern is not the same structure at all than the 2014 pattern for many different reasons; it should logically be very unlikely to happen. Good luck!
BITSTAMP:BTCUSD
by Giovi6969
5
Bitcoin: a huge scam created the biggest bubble in HistoryThis message is for the cryptomaniacs that are still brainwashed regarding the situation of Bitcoin and that are calling me a noob since a few months : Bitcoin is the future of money, a virtual gold, only smart people understand its true value, it is a gift from Gods, i am too stupid to understand it,... The problem IS that i UNDERSTAND it. The rich persons that own almost half of the Bitcoin, brainwashed you through any kind of network to buy Bitcoin . This huge artificially created demand made you believe you will become a millionaire buying Bitcoin. They have got half of the avalaible coins, you rushed the trading exchanges to buy Bitcoins in mass because of their brainwashing on you, your Fomo and your greed. Bitcoin became more and more rare as coins are almost not used as a currency and are instead stocked in virtual safes, the extra huge demand compared to the small supply made the prices explode. And the value crashed to the downside when the whales sold in mass. They stole your money, and you keep on dreaming about Btc. Bitcoin itself is not a scam, blockchain is awesome, the way bitcoin itself is mined and transferred is awesome. The existing scam that i want you to realize, is the manipulation these whales did to you to make you think you absolutely need Bitcoin. Their idea was indeed extremely good. This whole move of Bitcoin Holy Grail label is a monstruous fraud. They managed transforming a crypto currency into an sort of Ponzi scheme asset like. Don't you see it? Governments, banks and investment funds are warning you since months that Bitcoin is a fraud. You think it is for no reason? And i am not even talking about the monstruous price manipulations, Tether, pump and dump schemes, Bots artificially pumping the prices, ... If you think Bitcoin is the future as a currency, you are wrong. Almost every country in the world is about to regulate these coins. When they say regulate, it does not mean they intend to regulate them in a positive way, wake up! They intend to shut down bitcoin beeing used as a currency, it is extremely dangerous for governments as it creates risks of fraud, money laundering, they need and want to control their money, and believe me, they will terminate the use of Bitcoin! They can, and they will do it. They will regulate it as beeing a stock, not a currency! they are saying every day that Bitcoin is not a currency, but you are blind because of your brainwashing and DO NOT even see governments warning messages. This means you will only be allowed to trade on recognized exchanges! If you have financial knowledge, you know what it means: no more Tether, no more price manipulations, no use as a currency but as a stock only. Countries decided right in front of your eyes about Bitcoin Faith during the G20 meeting: they want and they will regulate this cryptocurrencies market. They want to regulate its speculation! you know what it means? Open your eyes, it means they want to stop this Bitcoin Label scam that brainwashed so many persons to speculate on Bitcoin, they will terminate the fraudulent market and they will certainly terminate its use as a currency. Bitcoin is extremely highly priced because prices are manipulated since a few years, you have to realize this too. Human trading did not raise the value of Bitcoin from 1 dollar to 20.000 dollars! When this market will be regulated, this will be game over for the Bitcoin you know since all those years. You would still be able to trade a non volatile Polly Pocket Bitcoin. Finally, i want you to face the gigantic bubble of 2018. Its pattern structure is a Nasdaq Composite pattern type, this ressembles in nothing to the previous crashes (already made by whales) of Bitcoin, i am sure you can see it. This 2018 crash is the biggest bubble humans have ever created in term of value, and if you do not realize this, ask yourself why you are too blind to see this market speed-light collapsing right in front of you, and try to save your money...
BITSTAMP:BTCUSDEducation
by Giovi6969
143
Bitcoin and Bubbles. Amazon.com, repetitive human behaviours.BITFINEX:BTCUSD Hi people! Time to chill on this Sunday, by staying home, and why not having a quick look of what happened to the Amazon.com stock during the early 2000's. You can see that this bubble crashing pattern was very brutal, as we almost don't see any important bull trap. As opposed to cryptocurrencies, you can see that stocks crashed in a slow process during the dot.com crash, as it took the stock 1 year and some months to be completely crashed. Crypto currencies generally crash in a matter of a few months (except the Mtgox crash that left Btc under 1.000$ for some years). The current Btc pattern could form a sort of equivalent pattern regarding its bottom. Amazon bottomed around slightly above of its rally start. If we report this to Btc, we could form a bottom at around the 3.000$. This is of course very hypothetical, the bottom could be higher, or why not even lower. The Amazon stock ended up with a period of very low volatility between April 2001 and July 2001. This period, is the very ideal timing to buy the stock if you are investing for the long term. As the volatility is low/very low, traders are not interested with this stock, as potential profits are meagre. But this is where you have to inject your cash if you think the asset will gain some value in the future. This buy time could be valid for Btc, unless another rallye to new highs brutally happens leaving no opportunity of low volatility periods, which is possible. Amazon stock ended up slowly rallying to the top, to new highs, and now we can see that Amazon has formed another important new bubble pattern rallye, which should dangerously questions about Nasdaq current health. Yes, we have high chances to be again in a bubble regarding the dot.coms. Have an awesome Sunday.
NASDAQ:AMZN
by Giovi6969
13