BitCapJNY

BitCapJNY

Inverse head and shoulders BULLISH PATTERN. Wait for PA to break the neckline, which is consistent with my 1:2 Gann Fan (yellow dotted line). Relatively low risk/ high reward. Seeing this among a lot of alt coins right now, if this is any indication to what BITCOIN is going to do -we could all be smiling come tomorrow morning. Happy Trading!

BitCapJNY

Hey all! DASH is KILLING the rest of the market right now, and absolutely demolishing STOCKS in performance. I'm going to buy some DASH today -It looks like we have a ton of room to continue this move upward. Also - Could there be a positive correlation to the BTC price? I firmly believe so, considering the history. What do you think?

BitCapJNY

Hope everyone's having a decent day. This is what I'm looking at -forming a nice rounded top, a pretty BEARISH indication we're going to fall back down. Currently in a RISING WEDGE -which if broken to the downside as expected, will see a large move down, potentially forming a double bottom with a BULLISH MOVE UP to follow. Could be two NICE TRADES...

BitCapJNY

Hello everyone, I hope everyone is having a great and healthy day! I'm just getting back into the groove of things today after taking an entire day to catch up on sleep. haha. I will be being extremely patient today before I decide to hop into any trades, it's painfully obvious that BOTS are here with these insane wicks and confusing PA. Before I decide to...

BitCapJNY

Hang tight! I know it's moving slow, but I'm starting to see some assistance from some whales in the order book, yeeee :) If you took my trade idea, I hope you were able to get in at a price near the top! Managed to sneak in a limit at $5370 , decent entry with relatively low -risk considering the potential for reward on this trade. Plan is to ride it all the...

BitCapJNY

Hola everyone. I hope you and your family are safe and maintaining through these weird times. I'm sure you've all seen the SUPER BULLISH NEWS (US Treasury Secretary Steven Mnuchin Appoints Coinbase Chief Legal Officer to Oversee Banking System) (LiINK: dailyhodl.com) Stock Market is continuing it's death plunge. Fed is still printing the dollar into...

BitCapJNY

PA Seems to be respecting the 2:1 and 1:2 (Gann Fan) Support lines here.. Looking for PA to break either of these support lines -that will be my signal to sell. I'm just not seeing any bullish confluence right now -hopefully that will change. ___ The idea of a DOUBLE BOTTOM BULLISH REVERSAL is beginning to play out -it's my opinion that interest in BTC...

BitCapJNY

Hey guys.. in my previous post, I suggested I'm walking away from this for a little bit -but decided to take 70% of my bag offline and see if I can't flip the remaining tonight. Here is what I'm looking at. Eyes on MONEY FLOW, VOLUME, VWAP, RSI, and looking for momentum changes on the MACD.. If we fall to the downside of this BEARISH PATTERN (some say...

BitCapJNY

Get off of your computer and prepare. Take your BTC and put it on your LEDGER.

BitCapJNY

Hey guys! Friday the 13th. Let's see how this goes. So far these last few hours, so good. Update to the previous -Some are saying there's a double forming, I personally do not see it happening. In order for the double top to confirm, BTC will need to break the above RES trend line (white) -Not happn'n. What I do think is more likely, Drop to buy zone....

BitCapJNY Updated 

Hey guys. Spotted this bad boy, let's see if it plays out? Before you buy, make sure the momentum is there. There's a chance we just don't have the legs. Also. End of MP. Be objective. Good luck!

BitCapJNY

Hey all! Congrats to whoever snuck in at the bottom of the dump. You're the real MVP. I hope everyone's having a decent day in light of the events going on concerning the markets. I haven't published an Idea in a day or so, that's mostly due to not knowing what to expect -also due to finally getting some hours of sleep :) Traditional markets open in a few...

BitCapJNY Updated 

SO MUCH PATIENCE. Previous idea still in play. Finally a good sign. Looking Bullish on the 1HR. Let's see how it plays out. Entered a trade at 7790, keeping a tight stop in case the price dumps below -if it does, I will exit my position and take the small loss. How are you guys playing this indecisive PA of Bitcoin?

BitCapJNY

Howdy. SO.. Given the way BTC has been acting, it's hard for me to accept that this is a possibility. - We have a descending broadening wedge, a BULLISH REVERSAL PATTERN that, if confirmed -will give us a TARGET OF $10.4K - We also appear to be in the business end of the huge CUP AND HANDLE pattern - ALSO, we are at the apex of the RIGHT SHOULDER in what...

01:57

BitCapJNY

Hey all. Hope everyone traded the break out safely and got out of there before we dumped all the way back down! I"m sure you did too, but it started to feel like something wasn't right after BTC seemed to have hit a wall just as it was picking up some steam. Welcome to Bitcoin! ha. Looking at a DOUBLE BOTTOM BULLISH REVERSAL here.. Will wait to confirm...

BitCapJNY Updated 

Waiting for BTC to show signs of a BULLISH REVERSAL. Currently - Looks like we're at the decision point of a V Bottom.. Waiting for the break out of the GREEN BOX If we break below this box, a potential double bottom reversal is in play, if we hold support on the 38.2% FIB RT. Just being completely honest -BTC is not giving me ANY clear signs it wants to...

BitCapJNY

Update to my previous idea. Found a lil boost -We broke out. Momentum was slowly building, all it needed was a kick in the bum Hope you all snagged the break out. If not, don't worry, I really think we'll get a consolidation around the 3:1 before taking a shot at crossing the trend 38.6 Fib RT. Wait for it. We'll see what our momentum is looking like around...

BitCapJNY

I'm a 100% "Show me the chart, I'll tell you the news" type of dude. So.. You never know when a crazy green momentum shift is gonna come. But if you've traded this coin, you know what's coming. So.. Every time I see red like that below 9K.. I'm patiently buying the bottoms. Anyway - Three Buy zones here.. Waiting for the tests of the two zones.. Shorting...