Hi guys! Just a small update to my last idea... We came down to the upwards sloping trendline rather quickly. I have adjusted the trendline a bit, but the highlightend box area is still the same. I see a big potential for the bounce from 10,380 $ areas now. Let's see... Happy and safe trading! Always place stop-loss and don't forget to take profits!...
Hi guys! A small idea update from me on BTCUSD - a bit longer term idea! As we analyse this 1 D chart on Stamp... What do we see?! What if this scenario is slowly playing out?! We could see a revisit of the 9,000 $ areas or even lower. Eventuelly even 8,500 $ - 8,000 $ for the very last time? Gap traders would be happy... If this scenario plays out, there could...
Hi Guys! After a small break from trading I am back again and going to provide my idea to you. As we see on this 1 D chart on Stamp, there was a bounce from the EMA ribbon and at the same time from the 0,382 fib level today. It might be to early to judge this bounce, but it might take us back to the 11,800 -11,900 $ areas. There BTC has to break the 12,000 $...
Hi Guys! Just want to update my analysis on the W chart for you! As we see there is going to be a cross of 30 MA and the 89 EMA next week (in the circle). I played with them and noticed that there is a some huge correlation to the last bull cycle which started in the end of 2015. It could also line up with the 8500 $ area gap closing and the bounce from the...
Hi Guys! Just a small update on BTC now. As we see on this 2 H chart on Coinbase, we might be forming an inverse H&S at the moment... I would not go short now, rather I would open a long position on the confirmation of the H&S at the breakout line! Tether Printer was printing recently... so get ready for the PUMP! Let's see... Happy and safe trading!...
Hi Guys! After a long break from posting, back with some bullish analysis today. As we see on this 3 D chart on Bitstamp, BTC is in a bullish posture now. If we break 12400 $ then I see no problem of breaking 13,8 k as all indicators such as RSI & Stoch have cooled down on the higher time frames. 1 D is turning up again and going from oversold to neutral and has...
Hi Guys! Back after a long break! As we see on this 1 W chart, the long-awaited correction might have just started! As we see the Stoch RSI just turned down. A bearish engulfing candle is being printed, but sure we still have 5 days left in this week. I am not shorting BTC now, I will long from 6,5 k then add at 6,2 k and then ad more at 6 k areas. This should...
HI Guys! WHAT AN EPIC MOVE! PARABOLIC IN ITS FINEST WAY! As we see on this 1 D chart on Coinbase, BTC just crashed all the ''imaginable'' resistances! BTC is KING! But what goes up so parabolic, needs to come down again... and also BTC needs to do that. I think we have started our correction today, and now, the question is: How low will BTC go and where it...
Hi Guys! I have updated my chart... As we see on this 1 D chart on Coinbase BTC is just in savage mode! Ripping up and up! But BTC cannot go up forever without a decent correction, I see 20-30 % correction coming very soon. 6 k areas are really the strongest resistance of 2019 so far. We might have topped out already. But I see 6200$ or 6300$ also as a potential...
Hi Guys As we see on this 3D chart on Coinbase, BTC is a bearish posture and heading down. I think we will see 4600 $ areas pretty soon. In the next 24-48 hours, I expect the next move down. A slight bounce from the 4600 $ areas will be expected. 1 D, 2 D and 3 D indicators are turning bearish now. Let's see... Happy and safe trading! *This is not...
Hi Guys! Sorry for the long pause. I was taking some vacation time ;) Now back to the charts! As we see on this 1 D chart on Coinbase, BTC looks like it is topping out here in the 5600-5700 $ areas. It might have the last attempt to go higher to the 5800 areas, but I guess really soon the short term trend will reverse. In May 2019 we will see some strong sell...
Hi Guys! As we see on this 1 D chart on Coinbase, BTC might be forming a new local top and turning down. BTC might test the 200 MA soon, which is currently at 4600 $ areas. This is my long term outlook for the next several months. I am planning to open a speculative short now or if BTC revisits the 5150 $ areas. My T1 is at about 4600 § areas. If BTC makes a...
Hi Guys! As we see on this 1 D chart on Coinbase, BTC broke down and heading lower now. As also seen on 1 W chart, BTC printed a Doji candle on Sunday's close. Was a clear indicator for me to go short yesterday. I am currently sitting in my short position and waiting for this scenario to play out during this week. I think this week will be red. Weekly indicators...
Hi Guys! As we see on this 1 H chart, BTC looks like it wants to break down. Be careful of bigger dump in the next 24-48 hours. Let's see... Happy and safe trading! *This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
Hi Guys! As we see on this 1 D chart on Coinbase, we have some changes in the trend. I guess the uptrend is now exhausted and want to come down lower. Could be a healthy correction to the Fib level of 0.786 or complete melt down? If BTC breaks the upward sloping trend line which is established for several months, then I see levels at least at the yearly lows of...
Hi Guys! As we see on this 1 D chart, Cup & Handle formation is playing out nicely. Today is Thursday and I expect bullish action into the weekend. 4200 area is the key to the bulls breaking higher to 5 k areas. Strong resistance at 4200 areas, but if we test it again, for the 4th time, I guess we could break it. I looking to these key resistance to be...
Hi Guys! As we see on this 1 D chart, A & E is still forming nicely. I see the next target at 4200 areas. This recent formation is a nice bull flag, so we should have a continuation to the upside. EMA Ribbon is turning around, which will form a nice support area in the nearest future. I would wait for the weekend to play out and enter a long position on Monday...
Hi Guys! As we see on this 4 H chart, DEU30 is in a bull mode, but yet reversal is not far away. I reevaluated my positions. I see it topping out at the 11565 areas and forming some kind of a double top. Fridays are normally being pushed up into the weekend. I see the reversal playing out next week. If DEU30 breaks out further to the upside, then I will need...