The chart did present a wonderful exit for those that missed it the first time around. 7k is the next level for a retest.
Looking like a great short. Mr. Manbearpig
Long Position from area indicated on the chart as buy zone and sell into the Noobie Rape Zone Then Sell Short if proper indicators signal to do so. Should take about a day or so. Set stops below 7390 Good Luck Gents, Mr. Manbearpig
Alright Gents, Havent been around a computer long enough to get some of the specifics of the calls Ive been making on twitter. Anyway lets get down to brass tax. Looks like we have many bearish signals at this time. From the Mac D to the RSI as well as the pattern that I believe will take another day to complete so there will be plenty of trading opportunities...
Called the BTC top however I have been travelling a lot so I am mostly just giving my analysis on twitter until I get back home. Anyway I do believe we are in a bull market finally. Lots of bigs still too shy to call it what it is or are just unaware. As of now we have had our first 4 waves and I am now waiting to see if this .5 Fib level holds with this channel...
So it looks like we had our first 5 waves and are looking for a healthy pull back which may or may not happen. I however m sticking to my guns on the short to 8090 followed by a rally much higher. Itll happen... Even if it takes all damn day. BTC is playing hard to get. Anyway, multiple time frames appear to be signaling that which I already know. Shooting stars...
Channel Broken... looks like we are going lower. I would hold about 30% in cash to take advantage of some discounts. Good luck Gents, Mr. Manbearpig
Looks like we have a classing head and shoulders formation that came back and retested the neck line only to have it fail.. Time to prepare for a discount. Good Luck and God Speed Gents Mr. Manbearpig
Danger Will Robinson Danger!!! Danger everyone I think this will be the last retracement we have in BTC before we move back to 13000 level. We should have a retracement back to about the 7800-7700 level if we are using the .61 Fib level. After that there is a wave failure in which case we must start to plan for 4000 Dollar BTC. Highly unlikely at this time and...
Profit takers are starting to show up and is obvious by the heavy selling we saw at the 19100 sat mark. Setting my target to get back in at 18500 sats. Also heads up... Massive Volume spike today. I think the over all crypto market is in for a little bit more of a dump down to 7700 level BTC before we can start moving up higher again. Nice little bounce we had...
Looks like we have a perfect 5 wave pattern happen after what seemed to be a crash that lasted forever relative to previous corrections. There was also a perfect fib retracement back with an ABC correction pattern. So far we have started the first sub wave belonging to a 3rd wave count which is usually the strongest. Its time to load the boat if you haven't...
Well looks like we had not only a fair consolidation but a complete wave failure. Perfect opportunity for those that missed out on the first run to about 27$. The risk to reward ratio is in your favor at this point and also looking forward to the gold backed pokens. A lot of innovation is happening with this company. Lots of opportunity out there guys. I post...
Needs a pull back but again this damn thing is so damn bullish you never know when it will occur. Alot of people are still very shy of this sector at this time but only the bold make GREAT money. Everything is starting to look on the up and up. BTC... That beautiful Bastard.... Hes back... Mr. Manbearpig
Made some notations on the chart that I feel would be much easier to follow than if I noted it here. Everything does appear to be lining up well. Over all havent been making alot of TA because we are obviously in a bull market cycle again and any retard can make money in a bull market. Anything more would just be noise. Good Luck and God Speed Gents, Mr. Manbearpig
Hangman at the Top of Channel. Things need to cool off a little.
There appears to be a head and shoulders pattern manifesting itself at this time. We have had a wonderful and its not over but a short term pull back is in order. Also there is a divergent RSI at this time. For those that have made a little bit of money in the last week I suggest taking profits. Also tyhe volume is starting to cool off as we try to come back from...
TD Indicator is showing a sell 9 on a rising wedge and a divergent RSI. However I think it is worth noting that I am having mixed emotions because everyone is still very nervous about BTC which is a bullish indicator. I see a 1-4 day pull back at which time we will re-assess the situation. I would treat lightly. Not a good time to buy... Wait for a pull back to a...
We have a double top meeting resistance on a trend-line that was established over the last couple of days. Also the RSI is looking bearishly divergent at this time. Could be time to take some profits for the short term if you are a day trader. Looking for a consolidation after the last day and a half we have had. The bulls might be starting to get tired in the...