


descending wedge bullish divergence great entry, real close to phat support
double top after a huge rally. momentum indicators suggest the pair is losing steam. shorting the break of the 114.325 resistance seems like a solid play
price just broke the daily cloud showing bullish sentiment. mini head and shoulders right against a fat resistance level. plan is to go long the break of that level for a little scalp
stop is a couple ticks below the all time low. huge bullish divergence. looks like a home run
as i type this, bitcoin is threatening to break out of my resistence, if that happens then fuck this, but it the resistence holds... then damn... i think we got a bullish descending wedge.
dont pay a penny more than 381 for bitcoin or youre over paying
the mouth is the short term target, his chin is optimistic target.
watch out for the fud, it will crash market again... if no bad news for a long time then we can start to go up
last crash is on the right.... current situation is on the left. eerily similar bearish divergence on the duoble tops forcasts a downtrend that ultimately leads to breaking the ichimoku and touching the 100 day moving average ( these two occurances NEVER happen in bitcoin) ill be looking to buy whenever the daily gets oversold... if this play ends up working out
3 time frames we are seeing a pretty strong pattern of bearish divergence. the bold line is stuff thats already happened. the thin line is measuring this last spike up which may or may not be over with yet. if RSI breaks thru both lines and price makes higher highs, that would be scary. however i dont really see that happening. the last chart (bottom right)...
3 time frames we are seeing a pretty strong pattern of bearish divergence. the bold line is stuff thats already happened. the thin line is measuring this last spike up which may or may not be over with yet. if RSI breaks thru both lines and price makes higher highs, that would be scary. however i dont really see that happening. the last chart (bottom right)...
btc has continued to make lower prices while RSI makes the same high. btc doesnt seem to want to stay in that RSI channel i drew. also entering the orange rectangle would spell out huge bearish divergence, ontop of the already bearish pattern that has been going on for the past month (RSI same high, price lower high) also, when this crashes again... maybe an...
ive color coded some macd divergences. they seem to be good at predicting moves