A video guide to setting up Kx, Kv and Ko
While everyone screams FUD and manipulation, I've been calling this breakdown for days lol. Pretty clear where this is going if we have our MAs crossing. Previous daily analysis: Current daily analysis: Previous analysis: Older analysis:
Bearish : Volatility decreasing Volume decreasing Daily Stoch RSI @ 100 Red monthly candle (but it has not closed) At the upper 12H BB This looks like Wave B of a corrective ABC wave (please correct me if I am wrong, I am a noob with EW!) Bullish: Green weekly close Shorts closing, longs opening Signs of big move: Very tight 12H candles ...
May take some time and volume to play out but this looks bullish short-term
Charts speak louder than words. Keep an eye for indicators on long TFs being tricked again and again. If we hold above 7450 we could test 8k and beyond again. Otherwise, the daily 200MA will provide the ultimate smackdown with a fakeout under 7k or even 6k.
Leaning bearish as per but prepared for a push in either direction. We also haven't gotten over old resistance ;) We could see a test of 7750 or we could see the bearish fractal could play out: Trade safe and godspeed!
We could go either way but I'm leaning short... Bulls need to hold this new 2018 low otherwise we could have a bleek crypto winter. Trade safe
Here are two possible scenarios. I expect a pullback before a dedicated move. There is hidden bearish div waiting to play out. Weekly looks like a temp bounce so the green trace seems more likely. Looks like we could either pull back, channel and pump or straight dump. Dates I'm looking out for: today (7/7), 9th, 13th, 19th and 27th. I'm slowly scaling into...
While the rest of TradingView shout to go long, I'm still holding my 7.6k short. Weekly opened below support. Hidden bearish divergence on the 4H/12H. We would need a push over 6.8k to save this otherwise more downside should follow. I'm still leaning bearish.
The chart speaks for itself. The daily candle is under old support and struggling to get over it. We would need a push over 7k to save this otherwise more downside should follow. I'm still leaning bearish. This isn't the time to be opening a position - that was over the past three days. Wait until the market moves.
Chart speaks for itself. Not taking a position yet however I'm leaning short - it is a possibility as is a breakout to higher levels.
The chart speaks for itself. We need a newer high to be bullish (and I would still be hesitant to take a position if we lack volume ). June 6th -2.86% -2.86% prophecy didn't come true (surprisingly...)! Zoom in to see current resistance and support levels. Whatever the direction of the move, it will be big and vicious. Godspeed!
The chart speaks for itself. We need a newer high to be bullish (and I would still be hesitant to take a position if we lack volume ). June 6th -2.86% -2.86% prophecy didn't come true (surprisingly...)! Zoom in to see current resistance and support levels. Whatever the direction of the move, it will be big and vicious. Godspeed!
No positions. Barely any TA. This is just an observational post. 56-day intervals and 112-day intervals seem to be significant to the BTC cycle. Weekly is currently trapped between the 50 MA and 55 EMA. Volume is dismal. FOOD FOR THOUGHT
BTC is getting close to the bottom but we're not there yet in my opinion. Positive signs: volume is steadily decreasing and the 200 MA is slowly creeping up. NOTE: at the start of every month, we usually have a trend reversal. These are highlighted with vertical lines. Whether or not this is superstition, if it makes money, it makes money - simple. To remove...
Looking for a possible breakout to enter a long position.
These are just possible routes. I am not taking any position on BTC yet. Godspeed!