A simple update today. So many green daily candles. Lines lining up perfectly. It looks good for a steam off at both these zones. 20% sell on each of them. (3250 & 3500-3600) Ofcourse RSI is high too. Most of short term ema's are lower.
A simple update today. So many green daily candles.. lines lining up perfectly.. It looks good for a steam off at both these zones. 20% sell on each of them (3250 & 3500-3600) is fine for me.
Hello, So, my last update was super bearish... just comparing 2017 charts. However, the idea I post right now is the most logical one in my opinion. Back to 30k, after redistribution phase counts too.. but is way more bullish. For one.. 20k after this peak might be too soon.. considering how strong 30k behaved past bearish leg. 2017 is not 2021.. for the...
Hello everyone, So my thoughts on BTC is that we are in the redistribution phase, which means a second peak (but not as high) as the previous 65k peak. Look how the red lines perfectly line up.. i think BTC might try to test this with some kind of fakeout. Imo we could see 44-45k soon, 40k retest (black line) and after this maybe a final push before going down....
Eth has crossed it's global average. Notice how it also crosses the blue line. With the recent update on eth (burnable)! And btc easily breaking 40k.. I am 70% sure of eth 3k+ this week.
Hello, as you can see in the chart.. some lines match up with this idea. Also this would line up with the earlier drop.. making a black line retest + a Bart pattern.. which we saw earlier too. I dive a little bit deeper into this on my page.
Hello, After multiple rejections on 60k.. i can't unsee this pattern develop. It is also strengthening the idea of BTC consolidating here between 50-52k and 58-60k. Have a look at these trendlines, and the current "head and shoulder", a very common pattern at a "peak". I am more into alts, than into BTC at the moment.. With a reason! BTC dominance is going...
Hello everyone If you followed my channel, you'd have seen I was very bullish on major altcoins the past week. I have been in LTC since 195, and I will not sell yet. Look at these chart lines, LTC might aim to break out heavily now! I am for 235-255 dollar.. And hoping for 350, because let's be francly.. LTC should be at 500 already if we compare with other...
Very bullish on BTC, we can see a clear Cup and Handle pattern, while breaking through the trendlines. The global trendline, broken. The black upper line, almost no resistance.. broken. I am very bullish here.. this setup is good. We are long since 54200.. and I think it can go higher.
Hello, In my last update I was bearish on BTC, but BTC broke 54200 (hard global resistance) and broke down in dominance. This means, also for historical facts, that "altseason" april .. is very possible. More traders know about April.. and it seems alts restore VERY quickly. In this update, Kucoinshares. ATH $22, 2017. This coin can go a long way. I like...
Hello, In my last update I was bearish on BTC, but BTC broke 54200 (hard global resistance) and broke down in dominance. This means, also for historical facts, that "altseason" april .. is very possible. More traders know about April.. and it seems alts restore VERY quickly. In this update, Kucoinshares. ATH $22, 2017. This coin can go a long way. I like...
Hello I have been bullish from 50500-52200 zone, but decided to sell what I bought at that zone again.. here at 53000-54000. And re-accumulate half.. at 50500-51000. Reason is that a double bottom is very likely, looking at blue squares. From here it could go up again, the pattern is kind of equal. What is making me more bearish in this case is the red line...
*Crossed black line, Will we pump upwards finally breaking out? *Between blue lines.. very clearly. is 1300-1330 a good zone to get in now? *Red lines seem to be the longer term plan.. Will it go down again? I can't set my mind to ETH at the moment, though longer term i am bullish. Therefore I am holding my spot, selling 10% here at 1440 and rebuying between 1200-1350.
I think the blue or red line will be tested.. combining them, averaging entry and going for an Ethereum breakout upwards makes sense to me.
This setup is, what I believe, very plausible. Considering ETH testing ATH multiple times now this year and BTC being at almost twice it's All time high. BTC dominance is also declining, I am very bullish on ETH. The only thing that could kill this idea is a BTC drop.
I think BTC has a little bit more chance to go up than down, but with "India banning crypto news" today, a drop under blue line could happen and could inflict deeper wounds.
Because of the ordinary "Mcafee-pump" that Elon musk did, I will aim lower for the retrace than 0.5-0.618 fib. I aim around 0.34, 0.382 fib zone.. even bit lower. My prediction of yesterday was a breakout to +- 34k.. This pump will "give" a little bit more value, I will give BTC "real" value today around 33500-34500. Means my long/buy zone will be around 34k.