after all the losses, drama and liquidation today, biti looks well lol. at least somebody made money. perfect timing for this chart to reverse right at the trendline on biti when the ftx drama comes to light
clear ethereum head and shoulders pattern. not sure if this will play out or not. if this plays out, eth at 1200 is an easy target especially if btc cant stay above 19k
total cap for crypto being denied and btc and eth just printed another big hourly candle going into fomc. could be a fakout, but im thinking this might be the next leg down. a lot of other people saying the same thing, but its rational fear. there is macro, regulations, and mt gox going on. the timing is horrible and 14k is starting to feel like a magnet
chainlink is headed into resistance while btc and eth look like they ran out of juice for the day. 8.2-8.3 could be the hammer down point for link. watch out for it
eth keeps pumping slighlty over this trend line, but it doesnt seem to be able to hold. could be the last break above the trend before we see newer lows
bitcoin looking weak into this early sunday denied off the trend again and selling volume ramping up. is this the week we see newer lows or is this another bear trap leading into a scam pump for fomc ??
btc up about 3% since yesterdays lows, but all on dropping volume . wondering if this will just end abruptly before we even test 20.6-21k area. not looking too good
not sure why exactly, but chiliz is performing very well. still up about 170% from june bottom if anyone knows why, please comment
could be a possible short entry. confirmed downtrend and tried it three times
btc not looking good going into the weekend. we could easily get a pump back to the 21k area or a little higher before dropping more or consolidating, but its hard for me to imagine us going any higher or holding that price with the current economic environment. rate hike next week, housing bubble officially popped and is clearly coming down. rent still...
etc down about 6.5-7 percent since markets closed at 8pm compared to the rest of the market, it is clear there is a whale selling. could be a fakeout or possibly having a negative reaction to the merge. we could etc come down to test the $30 level, and possibly sub 30 still a lot of new info coming out every hour about etc/ eth merge negative and positive...
atom outperforming the entire market. looks as is if its in its own world. 17 could be a hard rejection and come down harder than the rest of the market if btc and eth continue falling
whole market took a dip towards close today. btc and eth look like they are trying to go back up, but it doesnt look good. denied at this trend line twice. looks like the merge might be a sell the news event and mt gox friday. things heating up
btc broke above trend line we made since june bottom. markets open in about an hour and cpi tomorrow. we could see 24k btc before wednesday if everything goes well. if cpi is bad, and traditional markets cant hold support, expect a sharp downturn next target price is the top of the range i have drawn which is about 23.6, if we get rejected there, we could be...
bitcoin and the entire market took a big leg down yesterday. tomorrow is eth merge and friday mt gox. hard for me to imagine this anywhere but under 17k, but we could see a short term relief pump to like 20.6-21k before we take another dump. if we just continue this downtrend without at least some type of green, we could be headed for LL's faster than we think. i...
short term bearish until we catch support at 20.8, or at least drop below that short term yellow trend line i have drawn. mainly because volume is still decreasing while price is increasing slowly. unless we see whales step in and send us above the blue trend line we have formed since the local bottom in june. could see a lot of sideways action until futures open...
fet has been very volatile. very low market cap. looking for a possible swing
not sure if this applicable to btc on the daily, but it sure looks like it has space to keep going compared to recent macd performace since the tank to 17.6k. pls correct me if im wrong