filbfilb

filbfilb Updated 

I am Mid term-bullish on BTC going into the end of this week, but looking to get into the market on a pull back to occur before I get in to the market. The jury is still out as to whether this weekly bear trend is ready to turn around. We can see that both the RSI and MFI are both Bullish on the daily having bottomed when reaching oversold on both at c. $7k...

filbfilb Updated 

Money Flow Indicator rarely used in Trading $BTC. Over Bought Over Sold Typically leads to a minimium c.20% change in price. Its been useful in the past too (see comments) You can read more about it here stockcharts.com filbfilb

filbfilb

Just leaving this here.

filbfilb

Enormous consolidation has been conculuded after retest of the breakout. 10,000 looks like it will be tested.

filbfilb

HEres my general view of the world BTC is consolodating. Large trend suggests we should remain bullish but there are definately bearish bias in the consolodaiton We are making lowere lows but failing to make higher highs within a bearish medium term trend so the consolodation technically is bearish. A breakdown of the symmetrical triangle would see a target of as...

filbfilb Updated 

Ethereum looks to be in a fractal which would suggest we may retest its highs for this pair in the comming weeks. Potential big gains available moving into 2018

filbfilb

I am cautiously bullish! Follow on Twitter for more regular updates. filbfilb

filbfilb

Looks like a very similar structure to me and fits with my macro analysis attached.

filbfilb

Daily Looking at the daily, we have an ascending wedge which had a fake out to the upside which made us look like the edge to edge trade was active but was followed by a breakdown which is now retesting the structure.. also where there is the kijun resistance in this bearis trend If we pull back the tenkan (blue line) we may get a bounce c. 8400/500 which would...

filbfilb Updated 

There has been much conversation about shorts being at all time high. This is only part of the puzzle as longs are also slmost at their highest. Based on the above chart my interpretation is 13k Longs are out of the money with a price range between roughly 14k down to current prices 19k Long Majority are in the money prices between $0 and current Prices the...

filbfilb Updated 

Fibonacci numbers appear in everything in our lives, they are the very fabric of Math and everything around us. 'Most' Bitcoiners obsess about one thing (rightly or wrongly) and that is the price and when it will make them rich or when it will be the moon etc. In my own trading i look to the Fibonacci sequence to understand where targets may be during price...

filbfilb

DJIA still looks weak, particularly with the continued war mongering going on. targets if we breakdown are shown on the chart.

filbfilb

As per the chart and the fractal that so many are watching we have a 57% chance of continuation. Please review the linked charts for a more detailed analysis.

filbfilb Updated 

Anytme RSI has broken 60 we have had a bearish trade opportunity on the 4 hour chart.

filbfilb Updated 

Bitcoin made a nice start to the week bouncing off support. Im not convinced that this is 'the bounce' and think we have further to go towards cost of production and the 5k range. Over excited bulls may be punished if there is not enough steam o back them up. Beware of rallys on reducing voluyme and any bearish divergence on hourly timeframes! One final failed...

filbfilb Updated 

Bearing this in mind and just thinking logically; from a purely finance point of view, what a prudent mining company (btc or other) would do when planning production, is to hedge future production plans either partially or in full via futures markets or swap contracts. I have experience doing just this when working in finance for a coke and coal production...

filbfilb Updated 

FB is trying to form a bottom after the gap down this week. Bullish senario: Breaks of $174 would indicate an Inverse H&S bottom with a target to return towards all time highs range c.$185 Bearish senario: a breakdown of $160 would see a push down towards previous ATH c. $155 A risk reward ratio of c.2 if you use a stop at $168

filbfilb Updated 

Gold is looking ready to make a move towards breaking from its multi-year correction. We have the 50,100 sma crossing bullish - something which hasnt been seen since $225 and the start of the previous bull run. We also have a bull flg forming on the shorterterm, which if it breaks to the upside, the target of c.$1400 would represent a break attempt of the Head...