motleifaul

motleifaul Updated 

The rapid rise has been due to the outcomeof the US elections. Now that the result is clear profittaking is possible. Some Bitcoin supporters that had missed the Trump(et) had still to buy before the rise may come to a halt.

motleifaul Updated 

The rapid rise has been due to the outcomeof the US elections. Now that the result is clear profittaking is possible.

motleifaul Updated 

Since July we are seeing an uncorrected parabolic(I would call it hyperbolic already) rise. Tiome for a correction, isn't it?

motleifaul

The October has ended wit a Shooting Star and The November seems to confirm it. The daily chart shows falling highs since the second week of October. After the fulminant rise in the second half of the year a downward correction is likely.

motleifaul Updated 

... tomorrow it's Friday. Whatever the reason for the spike may have been tomorrow it's Friday and at least someof the buyers will see profit ahead of the weekend the more that this is the last day of the month. Thus we may have seen an exhaustive spike up.

motleifaul

The last 3 days we are not getting a new low. Instead the candles are very small and remain withing the seize of the body of the last big red candle.I see this a a strog sign of a bottom.

motleifaul Updated 

We have reached a multiple times confirmed support. It was a top of a range in July having created a spike over a window then. Itwas the August bottom. Nor it has been reached again to where it spiked down with an open window. It may be an exhaustion at least for a short time.

motleifaul

We had built a bottom, then exceeded the range and reverted to the top pf the range again now. I consider this as a buy signal.

motleifaul

We have reached the all-time-high again. If we cannot overcome it then a downward correction is due. This is the more that we have risen very fast since yesterday, a rise that usually takes 2-3 weeks in a "normal" market. There are reasons for this spike of course, but the rule is that there are always some swing traders on board that will take profit when the...

motleifaul

We have reached the all-time-high again. If we cannot overcome it then a downward correction is due. This is the more that we have risen for 3/4 of a year without any substantial break. To continue the rise the market shall get rid of the weak hands.

motleifaul Updated 

The candle formation looks like a "dirty" Spinning Top. May be it is none but at least it looks like an exhausted rise similar to the one of the end of September.

motleifaul Updated 

I know that the momentum is still given and the trend is intact and steady. But I need some short to balance the portfolio and the calculated upward target of this month's rise has been reached. Thus I can imagine a little correction for the last days of the month.

motleifaul Updated 

The Friday steep fall may be corrected before the weekend close due to profit taking.

motleifaul Updated 

The week is coming to its end and the candles are building a star. This may be considered as a trend turning formation. I don't want to judge whether the trend will really turn around but I think that at correction of the rise over the past 2 weeks is quite possible, I don't expect that the sentiment will change tomorrow and so I think that a short will perhaps...

motleifaul Updated 

1 1/2 hour go we faced a long spike up. This is unusual at a top of the market. It may indicate a beginning reversal for profit taking sake; especially ahead of the options expiry today and the forthcoming weekend.

motleifaul

The rise since August seems to be to steep. I expect a correction in the next few days.

motleifaul

We are sticking in a boring range. But the cloud is improving steadily. I expect if not an outbreak so a test of the upper side of the range with little risk.

motleifaul

I had expected the 5 times tested botom to hold. However the dayly momentum is still a bit to high. Well, the month has not yet ended and it is not clear yet whether the bottom will be confirmed another time. Perhaps I was a little bit to fast. Let's see.