Not much to my post here other than pointing out the potential of an Adam and Eve bottom forming. This would support the idea that some major coins could reach their previous ATH's sometime over the next year. It would for a cup and handle as well having to break through resistance around $275. If we can break that over the next month I'd upgrade my outlook for...
Hard to believe maybe, I know, but check out the daily on Coinbase. As you can see it is forming an ascending triangle with volume shrinking. The other notable aspect of the volume is that on the upswings (green) there is more volume which is a bullish sign. As you can also see here, the RSI has remains in the oversold condition ever since the drop March 12th....
The pink trend line here represents the top of the downtrend that began back in July. While this is a nice sign of strength, I must interject some bearish insight by pointing out the volume upon breaking this trend line. It is not quite as strong as I was looking for but with that said, it is an uptick in volume. One possibility is BTC could follow down that...
Following my last post As my last post pointed out the original buy signal, this post is strengthening the bull case. As you can see here, another green arrow has printed, along with a red arrow. After reading my last post you will know that we can place a stop loss order at the low price on the candle that has the red arrow below, and another buy order at the...
I'm going to buy in here at $8054 and watch for it to break out above that red trend line, then watch for it to pump or fail. The Williams Fractal is a nice little tool. I think, the longer period, the better this tool is. The way I am using it in this trade (and many) is quite simple and pretty darn accurate. It prints those little red or green arrows in...
It wouldn't be too surprising if BTC touched the bottom of this red Ichimoku cloud on the weekly chart. There is an ascending triangle forming on the weekly here coming off the bottom. I have been watching this for weeks and all signs are pointing to BTC price being stuck under this cloud ($8498.90) until spring but indeed could hit that mark at least once...
Well that weekly chart we have been watching is looking like BTC might have topped out already. We tapped the bottom of the green cloud and now we look to the rest of the week. If it can hold above $7859 I suspect we see it trade above/at that price for an extended period. If it does not hold this level I figure it breaks lower toward $7500 and below. If this...
Equally as bizarre as the Bittrex chart if you ask me. HitBTC BTC/USDT has gone up. along with HUBOI It is interesting to note. Noted
Where is everybody? This is the weekly for BTC/USDT with the volume highlighted. What does this mean? It would be mostly speculation on my part so I'll just say, it doesn't seem like a good thing. Perhaps it is just because of all the other options available in comparison to 2018. Interestingly, we are pretty much at the 50% FIB for the whole run up starting...
It's quite near textbook Adam and Eve. Top to valley is 10% + Small difference between the two tops 3% - Becomes more likely if BTC breaks below the wedge around $7300 But wait for double top confirmation breaking $7200 - $7100 Look for $6800 - $6600 price target upon the chance it confirms.
This could touch the bottom of the red cloud and bounce.
After hitting $8491 my short position closed. It's pretty fun when the calls are so precise. Anyway, I'm keeping watch to see if it can breakout upward from this wedge. Fundamentals are still supporting BTC from my perspective. One could catch the move up to the top of the wedge as well. I will wait till a breakout.
A few chart patterns and the fib retracement over the last week. We could be looking at a drop from here to continue in the falling wedge on the daily converging near the 17th. A low of $8420 according to the fib; and my chart leads me to believe that $8490 by the 15th of Nov. I'm leaning towards a breakout from this wedge due to fundamentals and such. Feel...
30 min look at BTCUSD supporting the previous post of the day chart.
It is still forming up nicely. Back to $191 +2.6% (blue box) and break through that $161 +5.0% mark (out of blue box) and up to $201 +7.8% . Check it out and make sure to check relate ideas. *Istanbul @ block 9069000
Just looking at some forming descending triangles. There are two CME futures gaps which we are at the 50% Fib. If this triangle breaks out down we could be looking at the $8933 $8360 as resistance points on the way to $8000 and below. Upon the drop I will open a short position looking to close a portion at $8933.
ETH might be at the bottom of a channel and could move up for the rest of November. It's holding nicely at the moment and that Istanbul hard fork will commence at block 9069000. Watch it. $191.05 $196 $201 $220 if it wants :)
Get on it. Small 1% but nearly for sure.