What an exiting ride it was with Lisk today. I read the chat and a lot of people who missed the train in the first place wanted to take this ride to late. I tried to warn you but the fomo was to big. In the beginning i made the same mistakes, so i decided to make this chart for you. Trading rules: 1. You missed the train. Bad luck but you have to wait for the...
Today (2017-08-26) a doji again. The good news is that the possible (small) bearish reversal pattern failed. Nothing has changed since yesterday. I would recommend to be extremely carefull so close to the ATH. Stay short and go in if the resistance at 4480$ is broken. If that happens the next resistance is around 4730$. If the attempt to break the resistance fails...
Today we came near the ATH but the bulls are out of steem which at the moment. The daily candle is a shooting stari. The bears were not able to push it down enough to make it a bearish shooting star. But be carefull at the moment we are close to the ATH and bulls are weak. If the next attempt fails we go down to the resistance at around 3860$. It would be wise to...
The candle today (2017-08-24) looks very bullish. With this candle the possible weekly bear pattern is gone. The weekly candle has turned into a bullish one. The bulls are back earlier than i thought in the last analysis i expected it by the weekend. We will soon see a new ATH. Be careful with the alt coins. BTC strong means alt coins weak. Wish you all...
Today's candle (2017-08-23) shows a little shooting star so little you also can call it a doji. The Bitcoin bulls are out of power at the moment mentioned in the last analysis. Monthly candle still is overbought and so no new money is flowing in. The bearish attack yesterday was clearly rejected so i expect like yesterday, we move side wards with up and downs. It...
The last analysis was correct and made you hopefully a profit of 600$. If not simply take the next train. Today we have a big hammer. A hammers importance refers to the length of its shaft, so the one today clearly is a sign that the market does not accept lower prices. But expect no big rally at the moment because the monthly candle still shows Bitcoin is...
The candles of the last few days shows a tower top.The bears seems to become stronger and stronger but as you all know well the bears are mostly very weak in Bitcoin. As i see it now the both are equal fighting for their positions. The tower top is a signal for a possible change of trend. I compare that to the weekly candle which would turn very easy in the coming...
The Daily candle shows that a change of trend is possible. First support at 3550 could be broken. If that happens we go to the support at around 3150 that means a 50% correction. The Hammer two days ago showed the end of the rally. This new daily candle is the confirmation. Tell me your opinion.