BeCulda

BeCulda

Decreasing volume and super tight Guppy on 3H and 4H timeframes signal impending volatility Bear Div and H&S formations on RSI show weakening of momentum. While longer time frames remain bullish, I'm betting on a short term correction to the red box.

BeCulda

Get it? Been watching this one for a while. A Cypher pattern appears and is almost complete. Point D is around 0.252 according to theory. The structure supports this entry because this was a pivotal support point back in February 2017 (see red rectangle). Remains to be seen if this market remembers the past. I have my LONG order awaiting the signal. As always,...

BeCulda Updated 

Bitcoin has been respecting the ascending/descending wedge patterns very well. Definitely well enough to stay profitable if we trade all of them (up and down). The downward one is under attack right now and if broken I would open a quick short position. Other possibilities - consolidation within the borders of the wedge for a while - breakout on the up side...

BeCulda

DISCLAIMER - Your money is not in danger but guaranteed to disappear if you follow my trades. These ideas and trades are mostly for my personal use as a journal, but I try to provide as much value as possible to the community Spotted an almost complete cypher pattern. Check my other posts for more info on this Buy point will be point D (0.768 fib level) with the...

BeCulda

DISCLAIMER - Your money is not in danger but guaranteed to disappear if you follow my trades. These ideas and trades are mostly for my personal use as a journal, but I try to provide as much value as possible to the community Cypher patterns supposedly have 80% completion ratio. This one worked flawlessly X - recent bottom A - recent top B - must touch 0.382...

BeCulda Updated 

DISCLAIMER - Your money is not in danger but guaranteed to disappear if you follow my trades. These ideas and trades are mostly for my personal use as a journal, but I try to provide as much value as possible to the community Cypher patterns supposedly have 80% completion ratio. This one worked flawlessly X - recent bottom A - recent top B - must touch 0.382...

BeCulda

DISCLAIMER - Your money is not in danger but guaranteed to disappear if you follow my trades. These ideas and trades are mostly for my personal use as a journal, but I try to provide as much value as possible to the community Cypher patterns supposedly have 80% completion ratio. This one failed X - recent bottom A - recent top B - must touch 0.382 fib...

BeCulda Updated 

A quick analysis this morning - AION. If you think I'm a genius or if you think I'm terribly wrong - please comment Fundamentals Don't know a lot, other than it was a big hit as an ICO - albeit during the golden era of altcoin runs (end of 2017). They are a very ambitious project aiming to tackle blockchain interoperability. They are also part of an alliance...

BeCulda

Friday marks the beginning of the year of the dog in the Chinese calendar and you may ask yourself - is it time to buy some DOGE coin ? Looking at the charts, this coin moves in cycles of around 9 months - this suggests we should still be downtrending. However - last 2 weeks brought an increase of 70%, which could be part of an ascending triangle formation...

BeCulda

Hi guys, This is more of an invitation to comment rather than an analysis because simply I am getting contradictory signals from this chart. The facts are the following: We are in a channel-like retracement from the previous ATH - it is uncertain where it will stop and if somebody says they know they are lying The price bounced violently off the last FIB line...

BeCulda

For more information read the 'Fake-breakouts-everywhere' idea below We can see the channel is broken on the uptrend which creates an explosive breakout. What we need to remember is that Bitcoin price movements affects everything and as a result when BTC/USD bounced off its resistance (upper channel wall seen in my first channel example - link below) the BCH/USD...

BeCulda

For more information read the 'Fake-breakouts-everywhere' idea below The first 2 peaks (teal arrows) define the channel direction. The third time the price hit it - it bounced straight away. This created downward price movements on ETH and BCH and probably many others.

BeCulda

We have seen a lot of fake breakouts with ETH (bearish flags, bull traps whatever you want to call them). A few things we can do to avoid them. 1. Always follow the COINBASE:BTCUSD trend. Whether we like it or not, ALL cryptos are affected by the short term movements of Bitcoins. This is the truth. Looking at the BTC/USD chart we can see we are in a bear...

BeCulda Updated 

POE has been consolidating on what seems to be a bottom and is beginning to form an ascending triangle pattern in the smaller timeframes - all within a larger descending triangle pattern of larger timeframes. The bottom support line at 5000 ethoshi (0.00005000) is never broken Following indicators point towards a good entry point for me - the Tenkan Kijun has...

BeCulda Updated 

Running down a trade following a recent breakout of the ascending triangle pattern. Volume was slightly up as an extra indicator of this bullish pattern. Before the ATH and the massive dip - a similar pattern was observed. Also, the bullish trend going back early December has been broken, so this is another indicator of a bullish continuation In:...

BeCulda

Just want to share a quick thought. During the recent crash of the crypto market (which is probably best expressed with the price of bitcoin), the price of gold spiked the other way in a similar fashion. Also, gold price had been on a decline while cryptos were going up parabolically. It's worth noting that gold is a recent hedge against stock prices and since...

BeCulda

It's hard to notice such a tight correlation when you see one You can see both Monaco and TenX are developing into a potentially explosive cup and handle pattern. From a foundational analysis point of view, it's very timely since crypto's are getting mainstream awareness and people are increasingly curious and willing to use it. Both will provide credit/debit...