grsatt

grsatt

Didn't expect that recent move up, but at least i was sitting flat.. from this point one can only react. Price is currently moving back towards $6800 resistance with increased buying volume after making a definitive higher low. Since we've already wicked up to this supply zone twice, in my opinion it won't take a lot of strength to finally break through a third...

grsatt

COINBASE:BTCUSD Chart shows weaker and shorter bounces after peak in Dec '17. Combined with fading volume and low volatility leads me to believe we could see more downward movement. However, I am currently sitting flat and waiting for a better long entry as r/r for a short is not ideal at this level. ^ Here on BITMEX:XBTUSD I have marked my initial...

grsatt Updated 

After the peak bitcoin has been consolidating in pennant, overall still indecisive in my opinion until there’s a clear break. But there are opportunities for more short-term trading. Right now, Bitcoin has respected the pennant once again bouncing off the bottom and off the upper range of previous swing low. Should this hold, consolidation would continue and...

grsatt Updated 

Expecting DGB uptrend to continue into the future shorter-term chart above is showing price currently hitting cloud, 4hr kijun, and previous swing high support. three-drives to around 1k satoshis looks to be a realistic first target. and another bullish view here on the daily chart. we can see a kumo breakout with strong volume and we're very close to a...

grsatt

Theres still time to get a great long entry in $GNTBTC , compared to other alts that have already had their "moon". Daily chart here shows recent kumo breakout, is now consolidating. Entering now, setting aside capital for other possible entries on bullish break and retest. First target of .0011 sats resistance area, alligns w/ 1.272 fib level.

grsatt Updated 

No indicators needed; this channel is truly all you need to trade Bitcoin profitably (in my opinion); It has been respecting this channel since 2015. Shows a $33k top on 1/31/18.

grsatt

The bitcoin market has seen weeks of gains with only one minor correction (approx. 11/10) and an immediate V-shaped recovery that has brought us to our new all-time-high just short of $8,300. Currently, the chart seems to be showing another correction to come before a possible advance towards the $10k psychological level could take place. It's my opinion that we...

grsatt Updated 

ETH has been consolidating in an equilibrium pattern for months. While it hasn't been as exciting at BTC during this time, all that could change when this pattern breaks. I believe ETH is in a good set-up to break this pattern upwards at some point by the end of the month. s3.amazonaws.com ^ tightening of the BBands and a break upwards s3.amazonaws.com ^ bullish...

grsatt Updated 

Given the fact that Bitcoin was unable to reach the $5000 level, the market looks to be in for a correction- and this was catalyzed by the uncertainty of China's position on Bitcoin and the crypto space in general. Notice after each wave's correction the price bounces from the daily MA100 (these instances marked in the amber circles). I expect this pattern will...

grsatt Updated 

LTC rejected head and shoulders completion with a solid bounce. Seems to be forming a pennant - look for upward confirmation to the short term channel top ($47-$48) if it can break pennant resistance line