chasells

chasells Updated 

The devil is in the details but don't make a deal that you can't commit to. This is the last play to remove weak hands. You'll be tested. The bulls have shown they want it no matter what. RUReady? Heavy resistance at $12,000. But for fun, I am setting it to $11,666.

chasells

In my earlier predictions, I estimated that a bull trap would occur on last Saturday or Sunday night. However it occurred roughly 2 days later. $12K has been major resistance and support area in the past 6 months. I hope we will find new lows for the last time this year. It would be a more positive situation this year to find support and 8-8,500K. Let's...

chasells Updated 

Seems we are right back where we started and asking the same question ... Will BTC break the overall downtrend of resistance (shown in green)? Does not appear that we are out of the woods yet, and a huge factor whether BTC will rise is potentially determined in the next couple weeks. Many say there is definitely belief that we go to new highs this year. But I have...

chasells

Denied hard from overall bear trend. Possible to new lows. Emperor needs his money. Best to buy dips on this slow trend downward. HODL. and you will be a poor man. Appears we will revisit the bearish green line several times as we ride the downward train. 4 hour chart about to be overbought.

chasells Updated 

Now What? Sideways to bulltrap. Then the real price drop on late Feb 17 as predicted with a bull trap while you sleep (see previous chart below). They couldn't wait to hit the resistance, so close enough! "Gee me my money! I wuv America!" (chill out. I'm asian) So ... it is time for Asian invasion. Beware ... may be sideways calmness - then possibly a bull trap...

chasells Updated 

Bitcoin to go up late tomorrow, but not ready to break resistance since we are still in a bearish channel. should reach around 10,500 then fall to lows in $5K area to reload. I am making my prediction based on historical trend line. History repeats itself. (See my previous chart with reference to historical basis.) Also to consider - the Chinese New year today,...

chasells Updated 

The question everyone is asking, is it inverted or normal H&S? The lack of volume is not impressive at the moment. I originally was seeing an inverted H&S. But it also can be a normal H&S. However, volume is pretty low for a bull rally. But historically, it could fit. Will the Asian markets see inverted or normal. I promise this is not, some cheap shot at asians....

chasells Updated 

Possible inverted H&S pattern completing. This seems to be the case with BTC as well. If so, this could be just what we need for some good bull action! Is that likely on a Sunday at midnight? We'll see.

chasells Updated 

Keep your eye on BTC, when key level resistence is reached, market will decline. I should have posted this earlier, but now is the buy area for Storj. Bottom of new elliot wave forming. So buy quickly! See chart. Keep in mind the long term trend for BTC is still in effect. I won't cover BTC projections here.

chasells Updated 

Set buy order at $690 to $730. Will go up to long term resistance level. Sell around $900-930. Should take about a week to develop. Then dropping to lower low, below $600.

chasells Updated 

There is a pattern I've been following since BTC peak at 20K high - strong pullbacks every 3 weeks. I project that the next pullback to $4-5K. Hitting bottom by Feb 17th. With folks getting income tax returns soon, hopefully this will be the time for the last bottom to be in. But there is still a chance that we can go another 3 weeks after Feb 17 before big...

chasells Updated 

Is this the end the day after Superbowl? Early February looking good for rebound. But not so quick! And here's why? Get your tin hat on, because this read dabbles into a little bit of conspiracy under the notion that the banks own the world. Think, the scene in Batman (www.youtube.com), Dark Knight Rises where Bane attempts to attack the Gotham football game...

chasells Updated 

Waiting for a good upward confirmation from the 61.8 Fib reversal candle on downward trend, then buy. But wait for reversal. And reversal on BTC dropping. See my other article. Important!