cryptoshort

cryptoshort Updated 

BTC didn't get exhausted nor appears as breaking the strong support level indicated here despite SMA200 is higher than current price level. As the time passes, the NE trending Fib levels will increase and the 0.618 will become stronger. Should we see another Lower Low, BTC has to breach through this.

cryptoshort Updated 

How real is BTC death cross is a question to ponder. Just thought to share this upfront. Typically, after such a major pullback and 70% decline in price, BTC rises progressively. However, it also has a tendency to go down towards the earlier support level that set the consolidation phase. At present this level is $6000. Should BTC drop again to this level, the...

cryptoshort Updated 

Respecting the earlier formed primary channel, bitcoin refrains from breaching the key support level around 8200 i.e. Nov 20-23, 2017. In fact, the same level is now a Fibonacci level (0.382). This bullish looking swing was predicted around March 9 through Fibonacci Time Zone Extension and it worked as a first bottom above the key support. This bullish move, set...

cryptoshort Updated 

While waiting for a decent long entry. I thought it is worth sharing this idea. nsdnnhttp://cryptoshort4u.blogspot.nl/2018/03/bitcoin-awaiting-long-entry-below.htmlnnn invst.ly for a closeup view: invst.ly SMA100 forms the top resistance, which is with time growing and becoming a mammoth target. SMA200 holds; median line of the set pitch form i.e. 0.5...

cryptoshort Updated 

I see an opportunity for a smart buy trade. Targets unclear since things can drop further down to SMA20, 50. I expect one can make some profits. There is still some minor consolidation going on within this 4H bearish trend. See the signal line on the MACD curve. However, we need confirmation of several things, which have been annotated on this chart. If you want...

cryptoshort Updated 

Something for bulls who are waiting for a long-term turn back. n this 1D chart below, you can see the main SMA Channel (semi transparent blue zone), which remains bullish looking over 100, 200 days. The current pullback (March 6, 2018) has breached through the median line of this trend & remains close to the SMA150 line (middle of the channel). These median lines...

cryptoshort Updated 

Waiting for my fib level candle to complete and the subsequent two-three candles will be interesting to forecast if there is any chance for price swing at this moment. Details you can find on my blog. I will see if this fib level is still working naturally to time a bitcoin event.

cryptoshort Updated 

You may get excited to see this. If you would have know this, you would have been trading this efficiently. See details at cryptoshort4u at bl**o*8gger dot com

cryptoshort Updated 

Previously, I annotated the Golden Ration and anticipate March 7 (+/-1 day) to result in a trend reversal. The possible short is below 11K either 10.9 or 11.0 down to TP at 10.2, 9.8, 9.2.

cryptoshort Updated 

BTC continues its worry towards and upside potential and a breakout. It has to break the upcoming strong resistance i.e. 11k where people will enter as long and TP @ 12.2k or earlier. The intersection of two solid red line is called as R-S Junction, which defines a point where the resistance and support equalize their strength and a shift in market trend is...