EuroDale

EuroDale

Bitcoin is just repeating itself endlessly. Unless we can make the parrot shut up, we're going back down to support at 11600 again in a moment.

EuroDale

Trust me, our robot overlords have already realised this.

EuroDale Updated 

Noticed this massive and (kinda) harmonic bullish bat-like pattern on the 4h chart, which repeated itself on the 5 min charts at the bottom. Went long from 11700, aiming for 14-16k.

EuroDale Updated 

Chart speaks for itself. Overbought like crazy.

EuroDale

No, we did not bounce of the channel again, as some people were quick to claim. But we probably will. For now we bounced off the downtrend line we broke through 12 hours ago, just as we did in a similar scenario in September. Should see some sideways actions here, before making a decision around New Year's Eve. Use this opportunity to accumulate alts like IOTA...

EuroDale Updated 

Heavy hill to climb, but been done before. Update to my previous idea, I'm long from 13380$ - let's see where we go. And remember, remember September.

EuroDale Updated 

Do not trade this advice, but we could go to 17k+ if we get a good bounce on 4h, or to 8k if we break below the channel.

EuroDale

I'm relatively new at this, but it seems to me there is an obvious historical trendline that btc has respected for months. If it continues doing so, the absolute bottom for the short-term downtrend is at 2400$. Unless it completes its current cat leap, as it did twice under similar conditions in the middle and the end of May, and even once more in June, in which...