Hello investors and traders. Did yesterdays dump get you down or scare you? You need not fear , Bitcoin is not broken. In fact its stronger than ever. Does this mean prices can not go lower in the short to medium term? No, they in fact can and should be looked at as buy opportunities. How do we determine what to expect? 1 If bitcoin breaks back above the 21...
We are looking at the DGB 2 month chart . Dgb moves with bitcoin ands tends to outperform it when it's bullish. I have highlighted all the important zones to keep an eye on in the price and also the RSI and stochastic RSI. So all in all if BTC goes bullish the next couple months so will DGB. Risk management is what we do here. *Minimalizing your risk plus...
You buying fud or Bitcoin? You can't buy both. One of them is regrettable!! If we don't break below the magical red line drawn by the the magical unicorns, then we are bullish. Bitcoin telling me people don't seem to be buying the fud but they are buying the truth machine. Also if the care bears bow to the bulls and let them cross the river stochastic, we are...
When will the top come, 2021 or 2022? This is a copy of the previous chart called "Is the Bitcoin top in?" I have added the HTF LOG CURVES OSCILLATOR to it as another confirmation of top is still yet to be found. I do think we are in for a ride the next couple months. Give me your thoughts bellow!!
Looks like the extremely under valued token Energi has finally started to make it's move. We'll keep a close eye on it in the coming weeks and see where it goes. I still think it's very early in this rally and still very, very undervalued against Bitcoin and Etherium. Any dips on this token should be great buys!! Indicators used are the ADX and DI along with...
So here we have what is essentially a naked chart of the BLX on the weekly with only the BEAM BANDS & STEVES HEATWORM for indicators. I'm not sure if the Bitcoin will hit the top of the beam bands but I don't think the top is in. I will add the longer the bull run lasts, the better the chance for the top of the beam bands to be hit. If you notice a sell...
I made a chart a few months back called "Synthetix quietly breaking the downtrend" that is linked in this chart as well. The circled dragonfly doji candle is what marked the end of the downtrend and new upswing starting. Anyway,, I think the quiet time might be over and it's about to make some loud noises. As soon as it breaks above it's down trending...
What do we have here?? XRP vs BTC chart on the weekly. The weekly RSI is telling me something different from what the SEC lawsuit is trying telling me. Although the scare of the lawsuit broke the divergence {that ultimately formed another one} it seems to have recently been restored to the long term trend. XRP has formed a lot of strength against Bitcoin and looks...
Energi has been on a 10 month bullish divergence against Etherium. The risk level on going any lower against ETH is very low IMO vs the upside potential is worth it.
Digibyte is showing a lot of respect to the 05.8 cent to 06 cent area and in my opinion is very bullish going forward for the next couple months. Targets to come as we move forward, let's make new highs first. Look at the historical resistance this area has played in the past and now has conquered it and flipped it to support. Your patience &...
This chart is against BTC on the 2 weeks. It shows patients could pay out very substantially mid to possibly longer term. The two week stochastics are showing a strong trend upwards that is still in early stages vs price action. Taking profits here are your own choice at your own liking although I have marked the major resistance levels.
SNX Vs ETH has been building major bullish divergence on the 1 day, 2 day, 3 day and the 1 weekly. In this chart we are looking at the bigger time frame on the weekly. The divergence is strong and should start moving very soon. My previous chart shows more profit taking zones. The link to this chart below, click to check it out. This trade is low risk with a...
Here in the chart we have Synthetix against the Etherium Price. As we can see SNX has paid a lot of respect to the 30000 level of Etherium. a hold there has 3x to the 90000 Eth level. If a move above 96000 comes and holds it as support another 3x is then possible at approximately 36000 Eth. If a close below the 30000 Eth level on a monthly chart happens, then a...
I won't explain what Elliot wave theory is here, but I will post a link for you to do the research on it if you are unaware here. www.investopedia.com In short cycles tend to repeat and Elliot waves is essentially how it's done. There are rules to how it works and what is required to be considered. (check above link for education on it) There is no doubt the the...
This chart simply shares an idea. It's not financial advice. Bitcoin looks like it want to make another parabolic move although we are not I repeat NOT out of the woods just yet. Having said that there is more weight towards the bull scenario with confluence on bullish signals.
Every Bitcoin blow off top has bubbled above this trend line in it's entire existence. Does it mean it always will? No. The question is.. Will it do so again? Lets do a survey. Thoughts down below A, B, C or D non of the above something else. (Explain your thoughts on D)
Lets take a look. Price goes up and indicator goes down you have a bearish divergence which means price should eventually follow. Price go down and indicator goes up we have a bullish divergence and the price should eventually follow. It's all on the same chart, break out expected soon... Which way? answers down below.
Here we have a chart of SNX on the two week chart. SNX has printed a dragon fly doji and has broken its downtrend. The RSI is also showing a bounce off the low. The target is $55 to $60usd. Also I have linked the original call for this SNX move that I made on June 30 vs Ethereum. Chart analysis = risk management Thank you