CrimsonBull

CrimsonBull

BTC/USD is currently consolidating after a wild short squeeze, currently I see it doing one of two things. 1) Retest the log scale down trend starting at $20,000 till now. This is a a strong resistance point as there are multiple other resistances including daily 50 MA and daily kijun in the area. 2) Retrace to .5 fib of the entire pump in order to either...

CrimsonBull

ETC/BTC has finally had a bounce after a couple of brutal weeks. The bounce consists of low volume, so I expect this to be more of a dead cat than anything. Shorting oppurtinty at daily tenken and kijun levels as long as we break above the local resistance that it is about to meet. For a long position on ETC, I would like to se a push to 0.03 level with...

CrimsonBull

DASH/BTC is currently at 0.786 retrace of the last rally. With RSI nearing the bottom on the daily I expect a stronger bounce to test one of the resistance, either the daily tenken or kijun, or one of the marked red lines. A breakdown of this fib I could see us retesting sub .04 level. With a drop of about 20% for last support and about 50% for the next support...

CrimsonBull

ADA/BTC Just bounced off .786 fib retrace of its entire market move upwards. The volume is really weak in comparison to the start of the rally, so it does not look too promising, however with such a long downtrend, we may see it retrace upwards for a bit, how far is the real question. The red lines indicate classic resistances and possible spots to pump...

CrimsonBull

BTC/USD is not looking great, painting bear flags all the way down. Currently we have 2 bear flags with our targets beings : Flag 1 : $5,500 Range Flag 2 : $6,400 Range Both of those targets are in the Double bottom territory in my opinion with BTC bounce at $6,000. I do not see it being supported strongly there as it would break all bullish trends from last...

CrimsonBull

BTC/USD 12H cloud is just about ready to be entered, providing an edge to edge play of about 13% until the a full retrace of .5 fib since the start of this entire down trend. Would like to see some heavy volume come in on the pierce and breka throught the down trend line. We do have a tenken cross buy signal on the 12, so things are looking good. For local...

CrimsonBull

STR/BTC has been lowering its range and forming a nice consolidation pattern. A break out from this pattern with enough momentum and BTC consolidation can lead to a new ATH push. Currently held triple fib retrace with every time achieving a higher level of support. Trend : Consolidation Play : Down trend breakout buy Things to note : BTC price action and...

CrimsonBull

NEO/USD is heading into its decision area. A break above it's down trend line gives hope in a run up to a new ATH in USD value. Ideal play is to wait for the breakout and buy the retest. If NEO breakout while BTC consolidates, expect an attempt at a new ATH. Trend : Down Current Play : Breakout retrace long position

CrimsonBull

As long as bitcoin remain consolidated I expect XRP to continue the move it had not too long ago. With a likely push to mid 15,000 satoshis once again. If bitcoin remains bullish and continues its break out, ripple gives a nice short play vs the BTC pair, with it likely heading to test the lower support once more. Trend : Consolidation/Retrace Play : Based on...

CrimsonBull

BTC/USD is currently trying to stay above $10,000 which leads me to believe we have a shot at testing the major down trend resistance. A break above the downtrend resistance and proper consolidation can give us the push needed for the test of $20,000. Currently upper time frames including 1 Day are in need of a retrace, expecting consolidation between $10,400 and...

CrimsonBull

BTC/USD - After having a $600 bounce last night as the weekly closed, we are now seeing a decent support at the $8,000 level. Looking currently at two possible scenerios, witht he break of first down trend, to slowly with consolidation go and touch the next one at the $10,000 resistance level. The longer we consolidate above $8,000 level the better in my...

CrimsonBull

BTC/USD 1D Huge volume spike on the daily, with it bouncing off the $6,000. Would like to see momunutm pish above previous day high which is currently at $8,500. If not the daily TD completes it's 9 tomorrow with a possible bottom support level around $5,500. BTC/USD 6H TD played out with a 9 doji reversal, currently pulling up, good momuntum but we have to see...

CrimsonBull

BTC had a very good bounce and momentum into pushing lower time frames into reversing. Looking for daily to close above $9,000, with short term bounce being $11,000 and a proper breakout from that to a new bullish cycle. RSI is currently turning around, and we have multiple buy signals on hourly time frames. Currently looking to long any local retraces in into...

CrimsonBull

BTC/USD 1D - Currently hanging around the 50D EMA, not much of a reversal pattern or any signs of support at this level. BTC/USD 12H - Momuntum for shorters is finishing, likely to see some sort of bounce in this area, just to relief the constant pressure we had for past days. BTC/USD 4H - Looking for a pump to hoepfully break us out of the local down trend,...

CrimsonBull Updated 

Bitcoin is currently consolidating after a sharp move down, I expect a lower retrace to test a proper support. The scenarios I am looking at are currently 1 and 2. With 2 being more possible because of the recent wave of FUD and fear in the market. I am covering myself with short, while playing the catch the bottom. Currently relative time frames : 6H : 12H....

CrimsonBull Updated 

ETC has been consolidation for some time now, and has made an impact move in the last 12 hours. If the strength is to continue and break .5 Fib retrace we can see it testing higher fibs with a goal of it breaking out completly and targeting the fib extensions. Currently looking for an entry on the retrace of this move, and prepping for bigger move to come within...

CrimsonBull

$BTC Has been consolidating in the range of $12,000 - $10,000. Currently there is no significant reversal patterns in play, so both possibilities of breakdown or breakout are possible. On our daily RSI we possibility of retesting the bigger down trend is increasing. There have been a good amount of shorts entered in this area for people who want to see sub $9,000...

CrimsonBull Updated 

BTC did a nice retrace and is now ready to make the next move up. The fib extensions show that we could reach $4,300 as early target and $4,600 as the bigger target with enough momentum behind the move. Stoch RSI on the 4 hours is showing a reversal and is signalling buy. MACD Is also turning around and is about to cross bullish again. Overall sentiment is...