BitCapJNY

BitCapJNY

Hola Everyone. Hope you're all really nailing this Social Distancing thing -It's been pretty easy here, I don't have to apologize to anyone for trading 24/7 :) Anyway. Looks like we "broke out" of this falling wedge. - I say that in quotes, because it's not moving with any strength or assertion... but it's moving. So I will take it. We're making higher...

BitCapJNY

Good morning everyone! I hope everyone is having a great start to their Friday -considering the circumstances. SO.. I'm feeling BEARISH here, but my intuition hasn't been very accurate these last few days. While I've had some great calls on the PA, I haven't entered into any trades the last few days because I haven't felt confident enough in anything BTC's been...

BitCapJNY Updated 

A ton of confluence in this idea. Looking at BITCOIN making 1 of 3 choices tomorrow: 1. Pumping up towards $8650 staying up there for the day and maintaining the price level for a day or so as retail FOMO's in, then coming back down to A) previous low to form a double bottom (YELLOW CURVE) 2. Pump up to $8650 quickly to cover the CME gap, then head right back...

BitCapJNY

BTC SHOULD have dumped earlier.. I couldn't figure out WTF was going on, or why my TA was so off. SOMEONE. Most likely the US GOVT -Pumped the S&P, and pumped it HARD. They literally just took a match to all the money used in that pump. It's really disgusting how corrupt, evil and greedy they are. Disgusting. S&P 500 is in WHITE. FUG.

BitCapJNY

My previous idea I discussed the potential BEARISH scenario according to where BTC was in the previous trend down. HEAD AND SHOULDERS BEARISH PATTERN still in play. A leg down was a very probable scenario, so I entered a SHORT with a TP of 6300. However -BTC does whatever TF it wants, whenever TF it wants. I'm currently stuck in this trade, waiting for this...

BitCapJNY

HoLa Hope everyone is having a great evening. Looks like we have some downward movement expected in the next couple of hours as we make our way down to touch the 200MA. There will be some decent volatility on the way down if you're into trading lower time frames. Over these last few days, the 50 and 200MA have been pretty accurate support and resistance -I...

BitCapJNY

G'morning Everyone WOOF. SO.. We got the pump I was looking for.. But NOT the "pump I was looking for".. ya know. Dang. Hope you all traded that crazy sh!t safely so far! WHAT THE HECK WAS THAT? - Bots definitely DID not make that one easy to trade. Definitely got a bite, but on moves like that there's ZERO reason to not be feasting :( oh Whale. Next...

BitCapJNY

Last line of resistance before we make the trek up to $8k - BTC is pushing this 8:1 GANN FAN HARD!! Sitting back.. Waiting. Watching. :)

BitCapJNY

Hey Hey! Wondering if the above scenario is a possibility here.. I also kind of see an ADAM AND EVE in this pattern. HM.. Could REALLY draw things out for us.. but it also could be EXTREMELY BULLISH for BTC closer to the end of the month. What do you think? Would love some interesting perspective on this.. Thanks for checking out my idea!

BitCapJNY

So. Was looking at something earlier, MIGHT get a SUPER good buy zone around $5333 - $5340 .. in the GREEN CIRCLE. Felt cute. Might delete later.

BitCapJNY

Buy zones in the chart. Always keep your eyes out for a BULL TRAP on the way up. REMEMBER. Bitcoin could retrace to new lows out of no where. Wouldn't be the first time, and it wont be the last. Keep your STOPS tight on the way up, especially if we drop down to B2 and B3. Keep em tight until we candle above the NECKLINE. GOOD LUCK

BitCapJNY Updated 

Hurry. Look at the chart. All things pointing down. Perfect triple bottom pattern. Which is ultimately bullish. We're going lower here.

BitCapJNY

Hey all! Hope everyone is having a geat day! ... errr night. errr wait. Morning. Whatever time of day it is -I hope you're enjoying it. Update to my previous 5 published ideas. We look to be continuing to play out the larger CUP AND HANDLE BULLISH REVERSAL PATTERN over -all. The tricky part has been ID'ing the HANDLE structure and where to expect BTC to...

BitCapJNY Updated 

Good morning everyone -hope you're all having a decent Saturday morning. I published this idea idea yesterday, but was a bit impatient with my expectations. This BULLISH pattern was dependent on confluence with 2 previous BULLISH patterns. We have completed the 'HANDLE' structure to the larger CUP AND HANDLE BULLISH pattern. There is significant HIDDEN...

BitCapJNY Updated 

Hope everyone's having a dope Friday night of social.distancing. A lot of confluence for move #1. Let's see if it plays out! Shooting to grab a buy as low as possible. Hopefullly low $5k

BitCapJNY

Looks like we will get a retest before moving up. Keep your eye on the 200MA here, will be a great reference for a re-buy. There was a clear HEAD AND SHOULDERS BEARISH REVERSAL pattern at the top of this pump, missing the target of the DESCENDING BROADENING WEDGE. HOWEVER - THAT DOES NOT MEAN WE WON"T REACH IT! Like I said in the original post, BTC has been...

BitCapJNY Updated 

BREAKING! BTC is currently breaking out of a DESCENDING BROADENING WEDGE -a BULLISH REVERSAL pattern, which is likely to be the HANDLE structure in the larger CUP&HANDLE BULLISH REVERSAL pattern. For T2 ($8600), watch for PA to break NECKLINE of the C&H: $627150% FIB For T1 ($7137), watch for PA to remain outside of BROADENING WEDGE. Keep your eye on this...

BitCapJNY

Hello Everyone Hope everyone is having a decent day. As you can see from my chart, it appears we have a HUGE CUP AND HANDLE forming here. Target is $9.7K :)