BitBookkeeper

BitBookkeeper

This chart speaks for itself. Your comments are welcome.

BitBookkeeper

Keep an eye on the red line in the quicksand.

BitBookkeeper Updated 

5.5k by the end of the year? You shouldn't disregard the possibility and be ready to act.

BitBookkeeper

Looks like 5 wave have completed here. 7360 area looks like a good short target. Remember to never over leverage yourself and keep your stop losses at 2% max.

BitBookkeeper

Very short term long.....short term short........Any questions go ahead and contact me. alex@bitbookkeeper.com

BitBookkeeper

Diamond Bottom...Confluence in the MACD Historgram downtrend coupled with Rising volume on a series of two very bearish daily candles. Then you've got this Death Cross Looming overhead. But what's in front of us right now is the fact that the 200 day Moving Average on the 2hr chart, which held for 7 times before it broke down over a course of a month, is what is...

BitBookkeeper Updated 

Bitcoin is in a very precarious situation right now. Either bulls step it up now or they will drop to 7.7 to 7.8k region where this Diamond Bottom would be at risk of failure (a failure that bulls just cannot afford since this will send BTC spiraling down to the 6.4k region. Something that my friend @Crediblecrypto has been calling for over a month. Read my...

BitBookkeeper

The Death Cross is almost here......This can get really ugly very fast....Watch out! If 6.4k does not hold we could go sub 5k.

BitBookkeeper Updated 

So looking here at the corrective Second Wave that we are experiencing now it appears to me that we have completed the A leg of the 3 subwaves and may begin a B Wave correct that will of course be thwarted at I believe the .5 Fib level prompting the start of the last subwave (C) of the larger corrective wave (2). I have placed that at the breakout support which...

BitBookkeeper

It appears that wave one is nearing completion if not complete already. Based on the strength of the previous impulse wave up (Wave 1) this third wave may have alot of strength behind it as well. I have drawn my targets in a very conservative way. More aggressive traders may want to set higher targets based on price action at the time of the next impulse wave...

BitBookkeeper

The ascending channel pattern has broken to the downside. This is a technical indicator that lower prices are to come. Traders should wait it out on the sidelines on this. In the event that $TNB attempts to reinsert itself into the channel we should wait for confirmation given by volume and oscillator positions to enter any long positions in this. That being...

BitBookkeeper

It appears that the head and shoulders formation has finally completed. Previous research indicates that upon completion of a head and shoulders top pattern the price tends to bounce and attempt to return to the break out point. However, it should be noted that the completion of a head and shoulders pattern marks the beginning of a major trend reversal. ...

BitBookkeeper

My take on the Super Elliot Wave count. If my calculations are correct $XLM is headed to 10,000 SATS at some point in the future.

BitBookkeeper Updated 

Using Elliot Waves and Fibonacci Retracement levels we can see a nice risk to reward ratio of 4.23 here for a potential 35% Gain.

BitBookkeeper Updated 

Buy: Between 269 and if that doesn't hold then 275 Sell: Between 560 and 568 Stop loss 5% below 275.

BitBookkeeper

This is the same chart I posted before. It looks like we are going to test the .236 Fib retracement level of the last wave up with a possible wick beneath it to test the support line...This willl be the 5th test of this support. Keep an eye out for a breakdown but if it continues to hold (and it seems as if it will) then there is the potential for nice gains in...

BitBookkeeper

H&S failure chart pattern price target is calculated by taking the width of the chart pattern between the Head and the neckline and adding it to the highest point of the right shoulder (for H&S top reversal failures). New target 857.

BitBookkeeper Updated 

Clear Head and shoulders visible on the 1hr chart. This is indicative of a reversal of the previous trend. In this case that would mean a drop back down to the 570 level. Be very careful here. Look for a break below the neckline. It can hover beneath it temporarily and still continue up wards negating the pattern but the diminishing volume only reinforces the...