activeaus

activeaus Updated 

Hi Crypto Nerds, This is what i have been waiting for! The breakout of the downtrend on the BTC ALL TIME HISTORY INDEX. If you change this to the 4h timeframe you can see a clear representation of the breakout but i wanted to share with you the 1D chart to capture the entire downtrend technical analysis. Just to confirm this breakout even more i would love to...

activeaus

Hey Crypto Nerds, Taking a look at COTI and can definitely see a nice CUP and HANDLE forming on the 1D. I've mapped out a Trailing Take Profit at the 0.618 FIB @ 0.07133, as I expect this to reach well over the black line I've marked out. COTI also has alot of updates coming fundamentally this month which will coincide with the TA above in my...

activeaus

Hi Crypto Nerds, Looking at Beambtc real quick. Forming a nice bull flag and probably the biggest one i have seen! Potential returns of 550+ sats (30%+) RSI @ -90.00 oversold range which is good for entry. All we need is a turn around with Volume and MACD, but they both sitting at the very bottom ready to go. Quick and Easy Stay Frosty -Aus

activeaus

Hi Crypto Nerds! I'm Back! Jumping straight into it, i am exited to see we are finally in a overall bullish crypto market since 2017! With that being said along the way we are going to have some healthy retracements so we can see bitcoin land on the Moon! Looking at the Bitcoin chart we can instantly see we have a double top which is a bearish sign and i'd be...

activeaus

Hey my Crypto Nerds, So check out my last idea, i talk about the potential Pennant formation which has turned out exactly to a T! This graph is my original sketch from my last idea. We have had a small pull back like i said and now aiming to test the last BTC high at 14k. One of two things will happen, we will bounce back from the 14k mark and show resistance or...

activeaus Updated 

Hey Crypto Nerds, Reviewing on the 4h time frame i can definitely see the Pennant forming nicely. As stated in previous Ideas i outlined the Major and Minor Support zones which i will be keeping in all my future ideas until no longer required. BTC seemed to have bounced from the Minor support zone around the 0.618 FIB and retraced 23%, now trading above once was...

activeaus

Crypto nerds! So if you haven't checked out my other ideas the last few days go check them out! i mentioned in PART 3 that there was a potential Ascending Triangle pattern but was not confirmed and that if we did break the support trend line and the 0.5 FIB we would track down to the Minor Support i have outlined. It has done just that, we fell and wicked twice...

activeaus Updated 

Hello again my fellow crypto nerds! So until i'm able to UPDATE current Ideas i am just going to post new ideas with Part numbers as a series of analysis. Please check out PART 1 idea so you all know where i am up to and can follow along! So with the clear rejection from the 0.236 FIB we are starting to retrace back to the support trend line which is critical...

activeaus Updated 

Hi friends! things are getting interesting looking at the 1h time frame As i said in my first idea post we have tested the 0.236 FIB around the $12441 remembering its a ball park figure which resistance can have a range around the 0.236 FIB as projected as my RED rectangle resistance box. BEARISH: At this point in time we have failed to push through the 0.236...

activeaus

My crypto nerds! Part 3 of this block analysis! The past 24 hours have been interesting for me as Bitcoin touched my support trend line not just once but twice and seems to be holding! not only holding at the support trend line but the 0.5 FIB (represented by the orange rectangle/bold line) is holding also! What does this mean? well i'm glad you asked! and...

activeaus Updated 

So we can see Bitcoin forming a potential head and shoulders, very clear! At the same time it is also following a nice trend support line and Bullish Symmetric Triangle. BEARISH: If Bitcoin drops below the trend support line i will be very bearish as it heads for my minor support zone at the 0.618 Fib at roughly the $10000 mark. Breaking this support zone will...