UnknownUnicorn4304403

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up again and not much has changed since yesterday. I wish I could have woken up to a massive green candle but it is what it is huh??? I do have my eye on the chart as we havent taken the plunge I expected us to take when we lost the 4hr 200 MA. Their is some...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up and I can see that things still look gloomy for those bulls. From the looks of it the bears are plotting their next move. Will we make it through the weekend above 9k??? There is a real possibility that we do see a decent drop before the end of the weekend although...

UnknownUnicorn4304403

Good morning ladies and gentlemen and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a small dump yesterday. We lost some key support in the drop only to recover a bit. We are in slightly better shape than we were a few candles ago but that could all change in the blink of an eye. We almost hit 9k during the drop. The recovery has...

UnknownUnicorn4304403

Good morning ladies and gentlemen and welcome to my daily analysis of Bitcoin. Today I have the daily pulled up and I decided to go old school and leave notes all over the chart like I did when I first started making charts. To be fair I have a lot on my mind this morning so I made these notes while analyzing the chart to make sure I dont forget something. I have...

UnknownUnicorn4304403

Good morning all and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up again mainly because my trading set up is working very well on the 4hr time frame. The daily is an important time frame no doubt but the 4hr just has more to see in terms of my layout (50 MA, 200 MA, ichi cloud). We are still chugging along in a flat line of consolidation...

UnknownUnicorn4304403

Good morning again everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr chart pulled up after a pretty steady day of consolidation we experienced yesterday. We are at a point on the chart where going up would be a luxury as the 2 year + trend resistance that started at the 20k ATH is lurking right above the candles. I see a few reasons...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the daily chart pulled up after a pretty decent weekly close yesterday. We saw a spike to 10400 a few days back and even though we didnt hold the line above 10k we still have plenty to be optimistic about. I also can see the bears waiting to take advantage of our confidence so at this...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr chart pulled up and I can see we dropped a bit since yesterday. No sweat right? Well not so much. The farther we drop the more support we lose and the likely hood of a down trend becomes more feasible. We still do have a lot of support below us as well which is comforting. Lets...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up and I can see we are still holding up above 9500 for now. Things could change over the weekend as I see a few bearish developments on the chart. I also see reasons to be optimistic so I would be cautious to enter a position as sentiment is also a bit mixed at this...

UnknownUnicorn4304403

Good morning again everyone and welcome to my daily analysis of Bitcoin. Today I have the daily chart pulled up and I can see we had a nice little pump yesterday afternoon. It took us to almost 9900 before we retreated a bit to where we sit currently at 9660. We are still in this consolidation pattern between 8800 and 10200 (barring a few wicks outside of this...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a little consolidation over night. We are still holding the line at 9500 but we need reinforcements immediately. But seriously we are currently sitting on some support but it could fail any minute. The good news is we have a lot below us still to catch us if we...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I pulled up the weekly and zoomed out much farther than I typically do. I just wanted to check look at a few things so I changed the chart to logarithmic to see what I can see. Zooming out can give you just as much perspective as a zoomed in 4hr chart. There are reasons to be happy with what...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the daily pulled up after a pretty nice evening of pump action. Nice work bulls. We eclipsed the top of my fib and it is currently support for now... I still see some key hurdles we need to hop over to keep this momentum going. We will look into these during this analysis. So sit back...

UnknownUnicorn4304403

Good morning everyone and welcome to the month of June along with my daily analysis of Bitcoin. Today I have to 1 day time frame pulled up after a pretty sideways weekend. I see no noticeable gaps in play at least from this past weekend. But we are in solid consolidation and the longer we stay here the more likely a break out will show its face. We will have to...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up as it has a lot to tell me as a trader. There is a lot going on here and I will go over what my thoughts are in this analysis. We are in a triangle pattern and as time progresses the price range will consolidate which will likely result in a break out. The bollinger...

UnknownUnicorn4304403

Hello again everyone and welcome to my daily analysis of Bitcoin. today I have the 4hr time frame pulled up and I can see we are testing resistance again as I type. It is nice to see the price back above 9500 but if we cant break resistance we will likely sink back down. There is quite a bit of support below us and that is a good thing if you are a bull. But the...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a decent showing from the bulls yesterday evening. We pierced the top of the 4hr cloud and that bullishness took us all the way to 9650 before the trend rejected us and sent us back to support. The bears and the bulls will likely play a little ping...

UnknownUnicorn4304403

Well I was bearish this morning but things started clearing up. The bulls pushed us up and out of the 4hr cloud and that is a bullish sign no doubt. We are still not out of the woods yet but I do like what I am seeing and I will happily take the L if we can see some profit. I just hope you were all on the right side of this pump. We are sitting on top of the 4hr...