hardforky

hardforky

Still bullish. We may drop lower to create more liquidity. $8,400? Don't think this is over Mr Bear!

hardforky Updated 

Long-term support trend-line is worth a punt but a little concerned about the momentum. Some good support at 8000, 7,900 and 7,200. I suspect the bulls have a chance to level things off beforehand if they can see off this FUD.

hardforky

Slightly deeper than expected and a few hours longer but the road ahead is challenging. Solid support developed for next 18 hours of work

hardforky Updated 

Trying to look at use cases for Fib and retracement over the last few days. I've noticed regular investments every 6 hours or so - coming in burst of 3 then some consolidation before march onwards. I tested out the Fib to understand how deep the retracements are - typically 38% from low start of move to high point. Expecting a small drop to 11,212 before...

hardforky

Still neutral. I think there is more hype appearing around BTC going up and positive signs are appearing (you might suggest a bull flag is appearing to blast us through to 12k? However ,this market might just drift for a while while it builds a solid base. Perhaps it pushed to 12k too quickly previously? Plenty of PnD to be getting caught with in the mean...

hardforky

- A new month but BTC has made it across the channel but I have not seen much in the way of new volume coming in. - Big sell walls ahead. - RSI looking oversold on 1, 2, 4, day periods. - Some FUD - No obvious lumpy investments ... That does not sound very 'Neutral' does it? Positives! Global Job Coin just moon'd - crashing in the next 5 minutes ;) I expect...

hardforky Updated 

Much of the basic charting courtesy of Bitrage - sub to them on Youtube

hardforky

Disclaimer - the charting is mainly lifted off Bitraged (check them out on Youtube and subscribe - best advice on YT!!). Also note that they don't suggest it is going up - in-fact they are naturally cautious about this and highlight the potential to drop considerably!!! Despite RSI I'm expecting BTC to break the channel but volume looks low - watching to see if...

hardforky

Ok, I'm a newbie but I'm starting to believe in the charting. It's not the fact that I feel my analysis is perfect - more the fact that I didn't hyperventilate as the market went off without me!! Despite the rise today I've held my ground on my expected target based on my analysis, not tried to trade the long and not bought in at the top :) Feel I might...

hardforky

I think the trend is short but there may be a Stop Hunt in process? Newbie so probably seeing things that are not there ;)

hardforky

just a curiosity at this stage RSI looks in-line

hardforky

I have been looking at the big picture and I'm not convinced we'll see a sub 6,000 BTC. At least not yet (?) - Another ballsy hypothesis but this time I have done some basic maths and used basic trading principles around R/S and history (hurrah, must be right then :). - Based on the fact that this last few weeks mimics the December boom I plotted the December...

hardforky

The trend broke after it didn't make the high (1) took a second dip below the resistance (2) - this would have released trapped buyers which would have been counter to the Stop Hunt Idea- and had to take a call - hence the Neutral standing The key hypothesis was that the market is being influenced and for me, this confirms it. The idea was to see out a scenario...

hardforky Updated 

Why would you buy all that BTC just to sell it at a small profit range? You've just spent millions buying up to 12k only to take a few percent? Reasons for 'consolidation' (time to calculate whether they have enough liquidity to complete the macro trade) over the next few hours: - These are Brits and Yanks and they are having a nap before they reboot the...

hardforky Updated 

Still on track for + 12,000

hardforky Updated 

Here is the 100 drop. Stand your ground - it's all just a game anyway right?!

hardforky Updated 

I'm going long but stay safe folks - stops where needed

hardforky

I wish I had more to pile in right now. I'll probably be crying into a beer in 1 hour lol