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Morning Traders, Right now, price moving sideways around 50% of the previous swing. We will wait for price. TL1 is support and TL2 is resistance. When price break through any of this TL then we should get signal to open position but be careful some conditions apply. Momentum right now is neutral conditions, waiting for mentum candle. Cheers, Jim

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Hello Traders, Price stop 1015$ from our upper target, and now slide down. As usual price creates long black candlestick which is our grey rectangle. Quite common formation on Bitcoin. By now you know how to use this formation. Momentum is very strong in down move. Be careful this is very dangerous situation, respect boundary of grey rectangle. First support is...

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Hello Traders, This is interesting situation on Bitcoin. Price is trap in triangle pattern. The limit of last swing should be 57,291.7. Momentum is very weak an any price move is limited. Momentum stop on resistance level and now is even more weak. US dollar getting stronger than we should see Bitcoin weakening more. TL2 hold the price and TL1 is even stronger,...

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Hello Traders, My apology for difficult situation with my analysis. One of moderators block all my analysis. I had published one after trade was taking and worn everybody to close position but was block, only few people manage access that analysis. Again, once again my apology. Price break through upper side of triangle and stop on resistance 54794. Momentum is...

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Morning traders, Price fail to break over 38405 and drop bellow 3800. Previous candle was Doji. Let’s wait and see if price will break up again, if not then wait for price to break TL1. Watch for momentum to go above NZ. This should be clear. This will be second attack for 38405 level. But at this point we have to wait for clear signal. Cheers, Jim

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Hello traders, We had waiting for many hours to activate position. Now is active. Let’s see what will happen. Keep in mind that we have to monitor this position. ATTENTION: open position with this analysis it is on your own risk. Cheers, Jim

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Hi Traders, Another rectangle shows up. Price raised on last swing up to 50% and then start sliding down. If the price break through the rectangle either up or down and candle will close then this become signal to open position. From the top we have resistance on 35000 and support on 34000. We have 1000USD range. One more confirmation to break up is TL2 trend...

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Morning Traders, Another rectangle shows up on green candle. Resistance level is 37501 and support 36795. You know what to do. If I you don’t then ask. Cheers, Jim

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Morning Traders, Gray rectangle keep price within large green candle. If price will breakup then candle should close above that rectangle, if price break down then again candle should close bellow that. Price reach upper line of channel. We should watch what will price do. Two black candles close above 50% of long candle then price may go even higher. At this...

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Morning Traders, Price reached level of 31145. I expect we should have short correction. This will be opportunity to wait for the signal to trade. Momentum reach upper reversal zone, then this will be the signal for correction or short trade. Let’s wait and see what will price do . Cheers, Jim

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Morning traders, We have nice ride almost 3000USD! After correction now price slowly rising again. Some of us that have a nerve to hold on to open position we have potentially more profit in our packet. There is potential resistance at 27573. If price will break that resistance we can expect price rising even higher. We secure drop of the price by TL5. Then now we...

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Morning Traders, We have fourth swing! Now we will wait for small correction and then we should have swing that will break TL4. Resistance Level on 25000 and support 24000. If the price break trough 25000 then (candle will closed above that resistance level, we may open long position. Momentum become very strong. Remain one hour to closed current candle. Let’s...

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Morning Traders, Price mowing sideways and create TL4C pattern. Breakup TL4 this will create long signal. Potentially price should create third swing do the downside and explosion of fourth swing to the upside. Our resistance remains strong at 24356.1 and support 23332.7 We are waiting for long signal. Cheers, Jim

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Trendline and Price stopping. Let's look at the perfect use of trendlines to identify price pullbacks. In general, the weaker the pullback, the more likely a return to an ongoing trend is. This means that a weak pullback is worth the risk of our capital. On the other hand, a strong pullback in price is a warning to us that there will most likely be a change of...

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Morning Traders, Another triangle formation based on TL2 and TL3. Also, we have divergence and reversal signal. Price may continue same direction as before. If price breakout TL3 then potential long signal or price will breakdown TL2 then potential short signal. Make sure that candle which will break trend line either up or down close above/below TL. Price...

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Witam Traderów, Niesamowite wybicie ceny aż do 23500. Teraz cena znajduje się w ruchu bocznym. Dwie linie trendu wskażą nam w którym kierunku cena będzie podążać. TL2 i TL3 tworzy trójkąt symetryczny. Uwaga na 1/3 i 2/3 linii odniesienia. Może nastąpić potencjalne odwrócenie kierunku ceny. Metodę handlu na trójkącie symetrycznym kiedyś wyjaśnię. Potencjalne...

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Morning Traders, GBP is losing grip on holding Price high. Negotiation with Eur look like it will be hard Exit. Also, USD getting stronger. These two factors are main reason that price drop like the ball. Price passed TL1 amazingly fast with extraordinarily strong momentum. At this point is to late to enter position and we must wait for the next signal. For...

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Morning Traders, First of all, my apology for not publishing for long time new analysis. But I am back more then ever. Due to rising strength of USD price, Bitcoin retrace down. Price break through TL2 but could try to rise to back up to TL2. Be aware of this typical behavior of the price. Price stop on support of 17667. I am suspect that price will continue to...