Hi Guys, Short OSB here. :) Momentum is looking good for the bulls guys. I think we can expect overlevs shorts to close anytime soon. We needed some really nice confluences between the indicators for the Bulls and thats what we are starting to get. 1- Higher high on price action. 2- MACD bullish cross on the 4hr and 1D. OBV making a higher high. And the STOCH...
HI guys, I have been out playing the short side looking for the target of that MEME triangle breakdown( shown in last post) that took over months to playout. We have to roll this way in order to hedge our BTC stack. Unfortunately, thats how it is when you are a full time trader, making a living from it. However, there were some indications from a psychological,...
WEEKLY BTC/USD Hi guys, i have been away for a while. Sorry about that, Its just bc find it very difficult to trade and post analysis at the same time ( yes !, im also lazy ). The thing is, the market reality changed so much and i need constantly to be in concentration on my trading, i decided to just trade more on the swings more frequently and less...
I have to say i'm quite impressed with the Ethereum chart. It has been a few weeks that i have looked at it, but the first thing that came up yesterday when i zoomed out, is this 5 month Ascending Triangle! Wow! Imo after Bitcoin clearly Ethereum has one of the most bullish charts. Always making higher lows, although slightly, it has mostly been up since the...
The Price that first was leaning on the downside of the triangle with the possibility of breaking down towards 7.40, and targeting the 61.8 Fib line at 5.51 USD, has reversed. - see previous post OMG/USD- This, thanks to Bitcoin lifting alts up again. In a nutshell: 1. IF the Symmetrical triangle breaks upwards, a new ATH- is the next target set to be around...
Still Bullish Bitcoin however, cautious with entering a position now, before we break 4100 USD. Why am i bullish? because amidst all uncertainty in China, Bitcoin is global and this will trigger the Bitcoin community in other countries to step up. However, its does not take much for me to reassess things and get out of the market to protect capital. I don't see...
As of today Im a a bull again, despite all the sentiment technically still being bearish due to all FUD regarding the mystery or lack of clarity from the Chinese government officials regarding a possible criminalization of Crypto and Bitcoin....oh wait,..Or is it just a Temporary regulatory ban? Anyway, i am turning into a bull due to the fact that...
Lately, i have been thinking to myself, why do i even look into charting ALTS, every time, an Altcoin chart looks bullish and i try to call the trade, Bitcoin dumps and ruins everything or the other way around. :( So, i have decided to look more into BTC and only look into ALTS to find patterns and setup targets knowing for almost 100% that it will follow...