CyberExploit

CyberExploit

I'm quite excited to see where Bitcoin and Altcoins are headed. I do hold some myself because I believe in BTC & ETH, specially long term. With the government BRRRRR™ Money Printer©, we need an asset that is limited quantitatively.

CyberExploit

So far we have: > Golden Cross > Bull flag formation > 5 year long Trend Line > Bullish Squeeze Momentum > 100MA Weekly is now Support > We've had a nice healthy correction and established good support, RSI cooled off > Halving (difficulty to mine 1 bitcoin will duplicate in May 2020, requiring double the electricity and/or hardware resources to mine 1 Bitcoin),...

CyberExploit Updated 

Not only is ETH showing good support at the 0.5 fib retracement level, it has yet to touch the gigantic resistance line that began to form in 2017. It is also bouncing off multiple times and showing good support on the 50MA and the 0.5 fib retracement level, two very powerful indicators in crypto. Most importantly, this last price increase was too fast, and as...

CyberExploit Updated 

We've been bouncing off the very same resistance line for over 5 years now. Now we're at the crossroads. Whatever the feeling you have about the market, I think we can all agree that it's pretty exciting to see that these "crossroads" both begin and end in the next bitcoin halving... This gigantic trend line began in May 2015, and will be confronted again in...

CyberExploit

Which way will it break to? Huge trend line that starts (September 2015) in the beginning of the incredible bull run that we saw back in 2017-2018 , merges with a very nice, good old textbook meme triangle. Funny thing is, this triangle end, meets the exact same date as the bitcoin halving :) As of now, everything seems ready for launch. The halving event. The...

CyberExploit Updated 

Which way will it break to? Huge trend line that starts (September 2015) in the beginning of the incredible bull run that we saw back in 2017-2018 , merges with a very nice, good old textbook meme triangle. Funny thing is, this triangle end, meets the exact same date as the bitcoin halving :) As of now, everything seems ready for launch. The halving event. The...

CyberExploit

Watching these charts is like Poetry. Keep an eye on the 50 MA indicator (yellow line :) Watch how the price action coincides and bounces off the different levels of the Fibonacci Retracement levels (colored layers) ? It's like magic. There's one thing you have to understand... most of the volume nowadays in the crypto markets is from bots. Bots follow logic,...

CyberExploit

Not only is a -20% correction something completely natural after exponential price increases, In many other Altcoin markets the tendency is bullish. I think we might be up for a cup and handle pattern, since we've broken out of the downtrend channel with a lot of volume (not here on bitfinex specifically, I'm referring to global market volume during the downtrend...

CyberExploit

Very little momentum, very little volume... This small pump smells fishy. After retesting 5.8k, we might just break the downtrend channel upwards. Not just that but we're just now hitting the 0.5 fib retrace level of the last BTC exponential pump (at 8.5k).

CyberExploit

Channels provide the ability to determine how likely your trade is to be successful. This is done through something known as confirmations. Confirmations represent the number of times the price has rebounded from the top or bottom of the channel. These are the important confirmation levels to remember: 1-2: Weak channel (not tradeable) 3-4: Adequate channel...

CyberExploit

I've noticed this huge Falling wedge that has been forming these last weeks/months. I don't think support will hold, but I'll only enter short position after price action goes below the 2 horizontal red lines.

CyberExploit

200 EMA has now become resistance, bitcoin doesn't seem to be capable of breaking this resistance at the moment, I think it will go down soon enough. I'm currently not investing in BTC, just watching the charts.

CyberExploit

I'm neutral on bitcoin for now.

CyberExploit

Bullish. I'm buying some here

CyberExploit

Volume confirms it, rising wedge

CyberExploit

If we cross the blue ray, I'm switching to bullish prespective.

CyberExploit

Big Move Incoming

CyberExploit

Bottom of Channel, Ascending Triangle, MACD bullish divergence, RSI looking bullish