RomanXIV

RomanXIV

Hello Everyone, I am extremely bullish on bitcoin and especially alt coins. I know there is a lot of fear in the market right now and hopefully this post can put you at ease. I wanted to remind everyone of a few things. In the 2017 bull market, Bitcoin tested the 20 and 50 MA on the weekly chart several times. It practically danced across those lines. 30-40%...

RomanXIV

Hello Everyone, Did you buy the dip? I hope so. I've been calling for the $45,000 area for about a month now and I was within $2,000. I definitely took advantage of this drop. So some people are still bearish since we are technically still in a downtrend. Let me go over why I am bullish and a few things Bitcoin needs to happen to increase in price: 1. Price...

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Hello, Happy Sunday! Quick post for today. I believe Ethereum will be the money maker in this alt season. Ethereum has not had a big run up like some of these other alt coins. The chart on the right side is showing a really nice breakout on the ETH/BTC weekly timeframe . I think Ethereum is really going to rip this coming alt season. I also believe bitcoin has...

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Hello Everyone, I have been seeing a lot of people saying that the bull market is over. I am still very bullish and for the last 3-4 weeks I have been calling for a drop to around the $45,000 area. This thing is just getting started. Let's go over a few things. 1. There have been 2 other bull markets all lasting about a full year from their previous all time...

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Hello everyone, Today is a quick post. As you all know I have been calling for a downside to at least the $45,000 level for some time now. As each day goes on we are seeing more and more signs of bearish behavior both on short term and long term charts. The weekly MACD wants to transition from waning buying momentum to increasing selling momentum. Here are the...

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Hello Everyone, Bitcoin dropped. I have been calling for a drop to around $45,000 for a few weeks now. My analysis on every chart has always stated that we needed to pay attention to the waning buying momentum and bearish price action on the monthly, weekly, and daily charts. Now what? Well, I think the first thing we need to do is relax. These moves are...

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Hello Everyone, I wanted to share a chart I have been eyeing for some time. Harmony is one of the few low cap alt coins that has not seen a recent large upward movement like TRX, DGB, VET, and other low cap alt coins. Here is my technical analysis: 1. We are currently in Alt season. The ONE to BTC chart looks incredible. 2. Major support is 0.1425 so a buy...

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Hello Everyone, Bitcoin is starting to look more promising as my previous analysis have shown some weakness with price action and waning selling momentum. If we close above $60,000 this week, I do believe we will continue higher. Here are my technicals: 1. Weekly volume is starting to increase as price increases. This is confident bullish price action. 2....

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Hello Everyone, Quick post today. So as some of you know I have been saying that the long term charts for bitcoin have been looking weak and we may see a correction soon. Well here's another perspective. Our 4 hour timeframe is looking fairly strong. With that said, there was a huge valuation for the Coinbase IPO and various alt coins are ramping up in price....

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Hello Everyone, I wanted to make a post about my current opinions of Bitcoin. Although I am a bull, I do believe bitcoin is overdue for at least one red month or two and we are starting to see signs of market exhaustion. With what seems as if every large financial institution and tech company is investing in bitcoin, why do I think this? Well, the market is...

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Hello Everyone, Recalling from my last post, I had made a claim that I thought bitcoin was going to come down, Primarily to the $50,000 to $45,000 area. Although I was wrong about the severity of the drop, bitcoin did drop to $55,000. Now it looks like things are starting to heat up again. We have a confirmed Inverted Head and Shoulders pattern on a 12 hour...

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Hello Everyone, Unpopular opinion, but I believe Bitcoin is going to drop. Here's why: I believe we are in an "exhausted state". Now when I say this, I absolutely do not think this bull market is over or even close to over. Bitcoin went up too high too fast and it needs to chill out for a few weeks to a month. From a macro overview, Bitcoin has continued to...

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Hello Everyone, Happy Saturday. This post has been posted twice now due to some technical difficulties so sorry for the delay. I decided to take some profit on bitcoin today around $58,500 as I'm up over 25-30% on some of my buys and after taking some time to look at charts I think we may see a 5-10% correction down to 54-55k. Here's why I think this: 1. I...

RomanXIV

Hello Everyone, Happy Saturday. I decided to take some profit on bitcoin today as I'm up over 25-30% on some of my buys and after taking some time to look at charts I think we may see a 5-10% correction down to 54-55k. Here's why i think this: 1. I believe we are forming a very bullish pattern (inverted head and shoulders ) on the daily time frame. We would...

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Hello Everyone, Happy Friday! What a great day to be in crypto. With bitcoin consolidating, alt coins are surging upwards in the double digit percent or setting up very clean breakout patterns. So lets talk about Ethereum. This chart is soooooo spicy. We can see a clear breakout above the previous all time high, daily, and weekly resistance. We've been holding...

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Hello Everyone, Recalling from my last post, I had given my analysis on where I believe bitcoin is headed. Again, I believe we are headed up. The biggest indicators being the Inverted Head and Shoulders pattern on the 12 hour and the MACD cross over with waning selling momentum. So what are my targets? For a conservative target, I believe we will see...

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Good afternoon Everyone! What a crazy end to the month for bitcoin. Options expiring, panic, and a huge price bounce to the upside. Recalling from my last post, I had said bitcoin was heading down. Where? Well, I stated to around the 51-45k level (which was where our 50MA was at the time). We bounced perfectly off the 50MA at $50k. I hope you all took...

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Hello everyone, So the question stands, does bitcoin dump or pump in the near future? My guess… dump. As a swing trader I focus on the Day and 4-hour timeframes. The biggest takeaways here are that MACD selling momentum and Price action (Volume going up, price going down) are now validating each other on the 4 hour and the daily timeframes. We can see that...