RichardMilk

RichardMilk

Bitcoin has been quite stubborn over the last 6-7 months with false breakout after false breakout above the previous cycle ATH. Currently the daily and 2 Day Ichimoku have turned bearish. We also have a death cross on the Daily SMA's and it seems we are about to get the same on the Daily EMA's. We have a set of lower highs and lower lows and have entered a...

RichardMilk

Bearish Divergence on the 12m timeframe never in the history of the S&P has this happened..... things are about to spiral out of control....

RichardMilk

BTC making higher Lows and RSI making lower lows on the weekly and daily.... Is BTC signaling a hidden bull?

RichardMilk

We can see the on the chart we have started forming a rising wedge. The most recent price movement has consolidated into what can be seen as a bull flag, with a measured target of around 87-88k. HOWEVER, there are multiple intersecting lines of resistance around 72.5k. If BTC cannot break this resistance it would validate the rising wedge pattern and we could see...

RichardMilk

OMG making moves! We have a breakout of the ascending triangle with an initial target of $6.11. On a larger scale we can see a giant cup formed we can only assume this will be the handle... and anticipate a retest of the neckline. If the price is able to push through the resistance around $7.74 we will see continued momentum to the measured target of the cup which...

RichardMilk

After a short rally, BTC was rejected by the .236 fib around 51.6. Right now we are being supported by the daily 21EMA and finding support on the .382 fib level. If we do not get a daily close above the 21EMA we will see further downward price action toward the .50. Ultimately I see the retracement ending at the .618 fib level where I think we will continue the...

RichardMilk Updated 

First post was a joke.... and unfortunately it hurt someone's feelers too many snowflakes these days. This is where I believe BTC will be headed in the near future. The star marks the spot! Have a great day!

RichardMilk

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RichardMilk

Self explanatory

RichardMilk

Yet another sym triangle with DNT pretty much standard for this coin. It can break either way.... HOWEVER, considering it has broken to the upside every time there is a good chance it will do the same here... target is on the chart. Thanks.

RichardMilk

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RichardMilk

If BTC.D continues to drop and we see a breakout from this ascending triangle on the toal2 around mid to late March Alt coins could explode :)

RichardMilk Updated 

REN looking strong even after the BTC dip last night and into the morning. Did not break the flag structure and looks to be aiming for an explosion to 2.12-2.18 range! This is not financial advice. Please do your own DD before entering a trade. Happy Trading folks and best of luck!

RichardMilk

NU broke out of the descending wedge, measured target is around $1.10

RichardMilk Updated 

Send it! a Close above the neckline will bring us to 1.20 Price target

RichardMilk Updated 

IQ is being squeezed waiting for confirmation of breakout or continued downside

RichardMilk

Upwards channel forming on the daily... looking good so far. We shall see if the channel is broken if no deal is made this weekend in Buenos Aires between the US and China.

RichardMilk

We shall see if it bounced off 149-150. I am seeing this hit 170 by the end of December, shown by the yellow rectangle. ALSO huge bullish momentum if G-20 meeting goes well and a deal is struck.