biffbifford

biffbifford

It appears the future BTC price action is being tested in this 4-hour candle. Support - $3561.50 - A break below will bring some high volatility and your guess is as good as mine! Resistance - $3737 - A break above will see massive short interest build. Analysis - The shorts a taking a break and allowing time for the price action to float upwards from recent...

biffbifford Updated 

ETH probed above the $100 resistance line and was immediately rejected. The Longs are backing their push with some higher than usual volume and the belief that, in the short term the $80 area is a solid buying point for FOMO. Short-term trend: BEARISH Long-term Trend: BEARISH If we are going to continue the upward trend, we will follow Trendline (D) noted on the...

biffbifford

Draw some sticks on a chart, make a few predictions, state the obvious and you too can look like you know what you're doing. I have TEMPORARILY changed my charts for those who like to see more STUFF on them. The reality is still very much the same. The recent news about BTC that was supposed to send it SOARING to the moon was put off until next year. Some are...

biffbifford

-There was fear of being left out in the $80.00 area causing a rebound which appears temporary. -Short-term outlook: BEARISH -Long-term Outlook: BEARISH Traders analysis: There is fear that a BIG BOUNCE is due and some investors do not want to miss it. This caused the volatility I wrote about in my previous posts. I indicated that there was SUPPLY around $100...

biffbifford

I am a 28-year veteran market trader. I bring with me more knowledge and experience than many. I have 3 college degree's and worked for many years as the Vice President of a major manufacturing facility. I began to trade full time in 2004 and specialize in options trading. Currently, I trade nearly every product on the exchanges with an emphasis on Options. I have...

biffbifford Updated 

I have been preaching the fall of BTC since I started charting here on TradingView. The blockchain is a most interesting platform with a ton of practical uses. The crypto-coins built on these platforms are tools meant to side-step traditional IPOs and save hundreds of thousands in fees for that purpose. I noticed the marketing around bitcoin was really heavy when...

biffbifford Updated 

Outlook Short-term 4-Hr Resistance $115.00 Support $102.00 Trend -- Short term:Bearish: Long Term: BEARISH Trade: There is always a trade. Feeling lucky? Market Outlook: This is (as I have been saying) a structured trend to the DOWNSIDE! The players (Shorts) are not being challenged because people have lost confidence in ETH and a lot of money too! It's Xmas...

biffbifford

BTC is setting up for an expansion candle to the downside. There is a high probability we move down before we retrace up. I have no position. I have recently started covering BTC. Read my posts on his crypto for trading ideas. I am hurrying to get this out because we are on the cusp of something breaking (IMHO). Caveat Emptor Leave a like if you appreciate my work

biffbifford Updated 

BTC has been hit hard and looks to keep getting whacked because WE are all too afraid to throw money in this thing when people like John McAfee are getting paid 105k to make a tweet to push this crypto. Imagine what he gets paid to make a video interview? And he wants to run for president. He's a joke! A rich joke; nevertheless, a joke!

biffbifford Updated 

We are nearing the supply are or heavy support (shaded Area). The large candle gives high probability to a small rebound. We are looking for for the candle to be smaller nearing $100, or a long bearish candle breaking thru $100 with force. This would (IMHO) cause some crazy volatility. Caveat Emptor!

biffbifford

The longer we trade sideways the better the odds we move south and HARD! You can read about my market manipulation theories on my other posts, but the reality is, this BTC was artificially inflated and shorted immediately thereafter. Hindsight is 20/20... They will do it again, but when?

biffbifford

It sure looks like we should break lower making another short-term high-low. But with highly manipulated crypto-assets you can never tell. I would give the odds to another small squeeze up to the 50-percent fib retracement before a pullback. This is a structured BEAR market, both long-term and short-term. I would be wary of buying here unless you don't have a...

biffbifford

I have been accustomed to the manipulation in the crypto market. The lower they (whales and IMHO the Exchanges) are using their leverage to keep prices low. I am hearing various anomalies on various exchanges that are quite unorthodox. I can't be specific because I do not wish to be sued. My original price prediction for ETH was $25. I believed it when I wrote it...

biffbifford

It sure looks like we are setting up for another HARD move South! You tell me. Leave a comment and a like if you find this helpful. If you disagree, let me know why?

biffbifford

So, this is the bull run. The trend reversal? Better get in NOW? I drew two sticks, no indicators and what do you see? Is this academic, or do I need a Master's in mathematic's? There is no trend reversal long term. We are being shorted to hell and are consolidating. Please help me understand this bull run. Can you tell me why is it time for a BULL RUN? What is...

biffbifford

If you follow me you know I predicted this price trend and timeframe to it! This was on a few technical indicators and COMMON SENSE, in fact, I use very few technical indicators. Cryptos trade completely different than stocks which took me a bit of time to learn. My personal strategy has been to buy at new 4-hour lows until I reach my investment goal. I have been...

biffbifford

This is a structured Bear market. Nothing is random. The price action completely manipulated by the big money making way for lower prices and scaring away new investors while driving away those who have seen their crypto investment turn negative, leaving them with the empty promises of new ALHs by years end. There is no stomach for a hard short squeeze. I am...

biffbifford

It appears we are moving in a structured downward pattern. I am right about this and even the timeframe. This means a squeeze becomes less likey as times goes by. It appears buyers do not have the stomach to put their Xmas money into cryptos yet. can you blame them? The chart speaks for itself as did the one I posted prior to predicting the price and the date to...