BitViewEU

BitViewEU

I think we could go down one subwave of an extended fifth down. Circles are the fourth wave of a higher degree and the most important supportline is the first wave where this bigger fourth my not enter, Do you got this, then your familiair...

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For #bitcoin we're facing the end of an double three (WXY) structure ending with a barrier triangle. The E-wave is finishing. This together with oversold RSI situations on the higher time frames is opening up a bullish expectation. As the 'double three' is probably the fourth wave of a higher degree, the move up can be the fifth whereafter I expect a correction down.

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Hi Chaps, Not that it changes anything from my last posts, still bearish, but we have also a reverse cup-handle forming. So three patterns in each other. Rising channel, slightly descending triangle and a reverse cup and handle. Save trades.

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see my latest TA. This is a nice slightly descending triangle coming from above in a rising channel. See other comments in earlier TA. Still valid. Save trades!

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Hi chaps, For those who follow me, not that much people, a short update on bitcoin. Course is going up in a rising channel, which 69% of the times comes down. We have two chuvashov forks (purple) facing the way up. Still bearish on long time trend and the bigger picture is still a descending/falling wedge not showed in this picture. Falling wedge takes runs in...

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Hi Guys, Bitcoin has climbed out of the choppy zone. The yellow ellipse is the manipulated pump by exchange(s) or whales, nobody knows. Its a pretty bullish moment but I wouldn't be that optimistic. Let's see what bitcoin does when it faces the Chuvashov fork and thereafter it to climb out off the light blue triangle. For me still bearish, which of course is not...

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We're in a choppy zone for a while. No trading in this kind of zones and take a rest. Still expecting course to make a breakdown. Volume are very low and bigger picture(yellow descending wedge) is playing out. Yellow elipse is yesterdays manipulation by big whales or an exchange. It is what is. Save trades!

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Hello all, This is a 12hour chart with trading pair BTCEUR to make it quite clear. The yellow falling wedge is the bigger picture and the high-blue color is the triangle formed inside the wedge. Currently we're moving at the downside of the blue triangle and regarding the bearish moves inside the triangle, the red candles are much more aggressive down instead of...

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triangle in bitcoin with its entry from above. You bet its coming down. And it does!

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Nice elliot-wave forming on little bullrun for bitcoin. Overall very choppy. Still bearish on big picture. Chuvaskov fork used here. Thanks @b33tcoin.

BitViewEU Updated 

Goodmorning all, Regarding my latest post, course is walking sideways forming a little triangle were it first broke down and then it move up like a renewed break-out. I see that often happening with rising and falling wedges. First a break-out/down to be followed-up by the correct move regarding the specific wedge. Anyway, those rectangles in the chart, in my...

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Still on track. Falling wedge as predicted.

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Good afternoon chaps, After very fire full discussions on Twitter by lots of people, finally a short view from my side. I'm not posting that much because I'm more a bigger swing trader. Besides all the Goldman-Sachs Bullshit (sorry) it was nothing more than a needed correction where we're still in. RSI was very high, market overbought and we were in the top of a...

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The head and shoulders didn't workout completely followed by a rise in price over de last days because course was following a rising wedge. Course is coming down and following my exception in two stages being a correction wave, ABC. Still very choppy and hard to make a sound TA. I remain bearish because our bigger picture is a falling wedge till beginning...

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See my previous update in which I analyzed a head and shoulders forming between a descending wedge structure. Still on track and I expect it will fall below €5000. This is NOT to be taken as an advise in any form.

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Good morning, In a bigger picture we're in a descending triangle where you can see the yellow lines describing them. In that triangle, course is making different waves and patterns, as patterns within the descending triangle. What we're facing at the moment is a SHS or a head and shoulders pattern. It looks like it will fall below $5700 level if you ask me. This...

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Just a short wrap-up regarding my latest post. Against all American opportunistic traders...not to mention names here, who never admits any mistakes in their analyses, I think I was right this time. No further comments.

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Then we will get a retracement further down than 68%. As we see the first rising wedge in green which was also part of this uptrend we could see a similar retarcement. (we COULD SEE). Let's see how far it gets. Still bearish for the bigger picture. Save trades chaps.