price has fallen downward and is testing the lower edge of the 4 hour cloud. 4hour cloud has twisted bullish rsi is nominal stoch rsi nominal, pointing downward...sort of volume is bearish on previous 4 hour candle proprietary tool says we are going sideways margin positions: 25.960k long vs. 38.49k short on btc/usd pair for bitfinex I believe there is more...
I think there will be a short squeeze. over 32,600 are short on bitfinex, while only 25,212 are short on btc/usd likelihood of a short squeeze increases significantly, unless someone knows something else. We may see eth/usd goto $322 or higher as well IF btc/usd goes up a couple hundred...but that is another chart. Trade at your own risk, this trade can totally...
Daily Double Ichimoku shows $880-$900 as a target. I would not margin trade this, because it can be a bulltrap (I doubt it, but possible). Next possible targets would be $1120, then $1265... Longterm targets for this year are $2700, $3k. 50-200 ema - bullish cross on daily? has not confirmed yet, but looks likely. We might have a Kumo Breakout on daily...
Price closed below double cloud on daily candle. Stoch is so-so. RSI is so-so 12hr 50-200 ema will occur in a few days 2D bearish tk (not sure how much weight this has if any at all, will be watching, 1d was very interesting) Q1 I think is bearish for the most part.
btc/jpy might fall through the cloud on hourly. maybe deadcat bounce on 200 ema for 1h. 2hr says its ok still.
btc/usd might fall through cloud on hourly and then bounce on 200 ema. the red line below cloud. may be dead cat, but overall bitcoin is still bullish...this is a very short-term trade. additionally, the price could just wick off inside of cloud and bounce, but I don't think it will after such a hard push upwards this week.
I think btc/usd is currently in leg B of an ABC correction. This mean we are going up, but not to a new high. This idea would be invalidated if we hit a new high (obviously). Drawing a pitchfork on daily or 4h says we can expect price to head further toward the median at around 5800-7200. My best guess is we goto 6800-7000 and see if we can close above median,...
lists.linuxfoundation.org The other stuff shows we hit a new ath, but about 16-30 min ago we can see a memo saying segwit2x was cancelled. I'm pretty confident we will see a correction in btc/usd and alts such as eth/btc start pumping. Additionally, we can see a wick off downward on 4 hour. rsi and stoch on eth/btc say its way oversold. I think eth/btc has...
i think we gonna see btc/usd dip downward now. source: lists.linuxfoundation.org
double cloud has twisted and says bearish on 1 hr cloud is red this also means price can be above cloud and twist and easily come crashing through to 200 ema ~6900. If you guys are going long, i suggest putting in stops as anything can happen. resistance to test would be around 7350-7400, and 7630 (ath) td, says we are doing ok, 30 min says maybe bearish. tk...
RSI: 81.9458, If we look at daily, when RSI reaches over 81 and stoch goes (100,99.x), BTC/USD usually has a significant dip. Stoch RSI: (100,99.2922) TD Sequential: The current candle currently shows a 9. The only conflict to this is that the 9 candle price has gone higher than the 8 candle on previous day. A #9 means we can expect a dip on the next daily...
Conversely Drake's song "started from the bottom". target for taking profit $5400-$5500 Target area is right before 200 ema as most BTC people are very bullish. I suspect a bounce before or on 200 ema for 4 hour. -rising wedge -BTC/USD has been buckling for weeks. -Volume is dropping off as well. -4hr stoch rsi (94.8,94.789), suggesting overbought on 4 hour and...
Block #491407 has occurred in bitcoin's blockchain. This implies Bitcoin Gold Snapshot should have been taken. I suspect massive dumping and money will exit crypto markets as well as move laterally from btc to ALTS. I suspect correction to ~$5350 level or lower. Please note that the long-term trend still says BTC/USD will goto over $9k.
One thing I love to do is study ichimoku cloud patterns for eth and btc. btc/usd has went through cloud on 1 hour. I don't think it's done yet. If you switch to 2 hour we can see it will likely crash through cloud soon, as well. I'd be surprised if it did not. Daily says we are still likely, in a correction. 4h says it has reset for fuel. 2hour shows high...
1hr rsi: 20.1 (oversold) 1hr stoch rsi: 17.4,20.85 (kinda oversold) t-k cross bearish 1hr: candle pattern: possible support 4hr rsi = 19.6152 (oversold) stoch rsi = 4.4473, 7.8293 (oversold and has reset) t-k cross = bearish 50-200 = bearish cloud: price below cloud candle pattern: possible support candle 1d: rsi=31.36 (touching oversold but nominal) stoch...
Youtube stream of Ethereum Developers meeting recorded here: www.youtube.com Metropolis Hard fork set for 10/17/2017 block# 4,370,000 (will have to double verify, but I believe its correct) stoch rsi on daily 85.7719,85.9971, slightly overbought rsi 50.4481, nominal 50/200 - still bullish price is below cloud tk cross: bullish tk-cross below cloud (not a bad...
I am just holding my btc, but I think we will see btc/usd goto ~4k (or close), then fall to 3k, test support, then ~2785 and perhaps even test ~$2600 btc. -4hour stoch rsi is already reaching overbought - 91.6,83.5 (overbought and running out of gas) -4hour rsi 50.2 (nominal, but approaching overbought levels, closer to overbought than oversold) -price is below...
- 4 HOUR shows a long signal entry as 50 EMA has crossed 200 EMA from bottom on the 4 hour, about 12 hours ago. This is a strong signal to try and go long. -Stoch RSI is at oversold on 4 hour -RSI is nominal -my proprietary indicator shows uptrend. -weak, but bullish tk cross 2.5 days ago I think we will see price drop a bit more in the next 4-12 hours, then...