Coinamic

Coinamic Updated 

As expected not much happened during the weekend. On Saturday I posted in Telegram about the downwards move that we will have today, and how we need to be patience. When there is no liquidity whales tend to stay away until big walls show up. Since the rally that the altcoins had the sentiment in Crypto is bullish, many are still buying and that´s what the whales...

Coinamic Updated 

Time is passing and this lateral action is getting along very well with alts. Some of them have made a good performance during last and this week. Could we see a short squeeze (forced buying, stops triggering) before the dump? Of course we could, that´s why in my telegram group I gave some recommendations to my users, I´ve seen it many times and I´m used to it, I...

Coinamic Updated 

Almost a month I published and idea titled "ETH, triangle or ABC?" where I start discussing which figure the market was printing. A few hours after that chart, the price declined heavily downwards which gave us an important profit. So I was watching support levels and Elliot Waves behaviour and I´m still convinced that this is either an ascending triangle or a...

Coinamic Updated 

The overall market sentiment is definitely bearish at the moment. While we are in clear ascending triangle and a upward movement is coming up around beginning next month, the bulls has lost strength to maintain the price above 3975-4000 levels, while alts are getting weaker. Ether is the canary that dies first, so paying attention to what it does use to be very...

Coinamic Updated 

We haven´t see any breakout during the past days, no any further strength in any indicator. While there is no indication of change of strength, is better to stay out of the market, however after a few tries of a breakout consolidating which never happened, now is the proper moment to enter short. The best view that I have so far is that this is the leg b of a big...

Coinamic Updated 

As you guys could see, all my ideas use to be short since are safest in this bear market, but this time I want to make some profit on what I think is the beginning of the wave B in this ABC down to 6500, so basically this is a continuation of my short idea just with a quick stop to gain some pips in the next green days that are coming. I placed a long order at...

Coinamic Updated 

Hi guys, Bitcoin and Ether are printing exactly the same pattern, so although I´m short in Ether, I´ll focus the analysis in Bitcoin since what happens in Bitcoin will happen in Ether. In my previous ETH analysis I was debating wether we are making a symmetrical triangle (which definitely is not) or an ABC from December 15th. So there is another chance as well,...

Coinamic Updated 

Hi guys, although this is getting boring, at the same time the price has printed the way that we are going to follow soon, so you can be quiet just by placing yourself correctly in the market. Many think that we are leaving the bear territory and mooning just because alts did a very good performance in the last couple of months, but how many time have we seen it?...

Coinamic

Easy entry and targets. Entry now or wait around 3525. Stop loss at 3575 and Take profit at 3422. Good luck.

Coinamic Updated 

So as we perfectly saw, making false breakouts is the game that the whales love to play on the market every time there is an opportunity. What it seemed to be an ABC correction up to around 3800 has become a perfect bear flag that very soon will break down liquidating the longs of the one who thought the price is making a text book correction. Normally during the...

Coinamic Updated 

After a boring weekend full of bots with a very low real volume the price continue inside of a symmetrical triangle which regardless the SEC decision, looks quite ugly. The announcement whether they delay or denny the current ETF´s, have to be released in a period of 24-48 hours maximum, and the deadline for the price leaving the triangle is depending on that...

Coinamic Updated 

We had a retest of 7120 with a 7140 peak overnight, followed by a strong decline to 38.2 fibo from 24 July, which also is 23.6 fibo from the beginning of leg C, that looks like a good point to start a new and last wave 5 to finally finish the ABC started at 14 August. The short squeeze we had a few days ago while BTCUSDSHORTS was at ATH, as expected it helped to...

Coinamic Updated 

Hello folks and followers to a new update on my Bitcoin 1.00% analysis! So many things happened after my last report where I posted a bearish cypher getting consolidated and indicating a bearish trend . At the time of writing BTC 1.00% was at 8212 and it started the downtrend at 8600 just $67 earlier than I thought. After that Bitcoin 1.00% has broken the...

Coinamic Updated 

Hello folks and welcome to another TA of our beloved and hated Bitcoin! So crazy days, FUD, FOMO and whales confirming an unstable market that almost no one understand anymore, but as always, we gotta find our path through the chaos and survive in this jungle without blowing our account trying it. I posted a while ago an idea about an ABCDE correction, and...

Coinamic Updated 

Hello dear followers and welcome to another episode of the awakening of the bears! Today is not a great day for hodlers but traders are going to love what is just about to happen so let´s get right to it. Bitcoin is leaving its I don´t know where the hell I´m going phase. During a few days the price was facing 4 solid resistances: 1. Log downtrend line. (black) 2....

Coinamic Updated 

Hello and welcome to this new update on my Bitcoin analysis! Seems that BTC is having a tough time to breakout and continue what looks to others the beginning of an epic bull run. Even if my vision is quite different from an spectacular rise right now, I want to express just what is going on and not a future teller prediction. Bitcoin has back to range and is...

Coinamic Updated 

Hello dear followers! Welcome to this update analysis on Bitcoin! First of all I want to let all of my followers and readers know that the fact that I´m being bearish since a while and still is not filling my forecast is not a meaning of a failing TA. My last 2 ideas after 9700 last high are pointing to a retest of the neckline at around 6800, and I still firmly...

Coinamic Updated 

Hello and welcome to my Bitcoin analysis! These last days are being crazy, some are positive that we did break out, others think that we are still in a downtrend, bust mostly are loosing money because not using a properly money management strategy and because of bad advices while the whales are feeding as pigs. Yes that´s the market, that´s how it works, whales...