Atm bitcoin is getting massacred on sell preasure, yet is this fear or actual dumpers? Today we broke a support at 6857 and been going down all day and now struggles to fine any support. Atm the longterm downtrend line from 14k is now new resitance, yet in bullish news we are now in a new trading range of 6221 and 6622 which was the major acculation phase in 2018...
Yesterday several indicators was leaning towards a big move today from yesterday’s post (will link below), but I remained bullish and was too busy to pay attention to the charts. Nothing really stood out. After breaking 7024 and now well below 7k. There is now more downside coming soon. Targets of now would recommend a retest of 6.5k and if you been following...
So the double bottom played out last night at 7023 being a clear line of major support . The only TA that is being presented the hourly is the somewhat downtrend heading towards 7023, which we havnt broke out, yet besides last night going back to the 128 ema and getting rejected again. If the short term downtrend remains true, I expect a massive move around...
Friday was a great day for longs, yet today depending or your leverage it wasn't today so what happen that night and whats gonna happen heading into next week? Well we touched up to the hourly emas and got rejected once, yet bitcoin wanted some more and we tested it again as it ended up form a bearish elliot wave and now we dumped all the way to 7009, very close...
How long can we Long? I know I doubled post today, but this morning I had to give you guys my call and now are we done with the movement? As you know the weekend is slow and so is the volume , so I won’t post any TA updates till Sunday. After our amazing rip of attacking emas, which was one of our targets, we got rejected as usual, but bitcoin always like to go...
Last night we broke out of the short term downtrend line and now still going up with support of the short term up trend line from decemeber 4 as talked about yesterday, will link yesterdays below. Now it gets me wondering if yesterday played any significant or we still gonna go lower. Bearish look we are still in a long term downtrend channel, yet bullish we are...
Yesterday threw a lot of people off. Bitcoin pump to roughly 7300, but than fell off the cliff. What was interesting saying the Elliot wave didn’t play out, yet it did with only lasting about 15min, check the 5minute volume, will link yesterday’s TA below. We than hit a low of7039 roughly before bouncing up and gaining support from 7124 and now bouncing above and...
Last 24hrs has been up than a dump with many predicting a 7k btc. I still feel bullish and tried to do an Elliot wave count, yet was met with small bounce. Btc is being supported by short term trend line from December 4th. I would go long with nothing more than 30x leverage. Have wiggle room of risk tolerance Again link below from yesterday
Predicting TA and seeing what’s happening is scary and hard too do. Last night with the purple uptrend line we made some gains than we shorted after the bear pennant was granted after breaking uptrend line. Now like myself most people believe we going to 7k/6.5k well we still months out before the halving. I will go long again tonight going against social media...
Hello, yesterday TA played out perfectly with alot of fighting going on. It is surprising seeing the TA, doublebottom which ill link below, ending up playing, yet the concern was the first dump was backup after hitting 7472, yet I was liquated after that insane pump, but shockingly hitting the downtrend line of the smaller time scale than dumping. I did place...
After yesterday’s dump the volume was decent, but guessing oversold orderbook for the weekend caused a bounce back with people thinking of a breakout, yet we been seeing rips up, but good sell pressure back down creating trading range of $40. Eth network upgrade has helped, yet will it last? I’m still bearish till I see real world adoption news, so I’ll trade...
Last I post I said btc is probably gonna go to 5200. We dropped from 7k too 6500, yet immediately went back up. As shown at the graph we are respecting the downtrend, from 14k, too now. We are above, but only by couple hundred dollars. I’m still lean bearish and think most attention will be driven towards the election next year in the US and btc might not pickup...
Looking towards defi projects I stumbled upon Tierion and Ren. Tierion is still pumping and in sat value is to risky for me to get in since its over 300% this year alone. Now Ren is up 100% already this year, yet with the high VPVR around this 510 sat value and only having a 30mil mc, seems like a great deal after seeing a pullback from 1394 sats would just be...
Bitcoin is seeing a fix battle grounds trying to maintain the 7k levels, yet people pushing longs across social media and optimistic on a massive "bull flag." Don't see much buy volume coming in to support an uptrend. Just new lower highs and lower lows on the short timeframe. I expect a 5200 bitcoin, maybe a hiccup at 6300. To play the market a buy in march...
Bitcoin has had a unique play since the China and the government supporting blockchain causing bitcoin to pump to 10000, yet was it natural. Acording to most people the news was considered old before it hit western audience than is pumped. As seen in the graph it hit all major pass support and now sits below the downtrend that it was following since 14000. I...
Ocean Protocol is all about Data and AI. With some hugh events coming up with the biggest one the 22nd. It’s a common practice to buy the rumor and sell before the date. A lot of hype is building around this project recently and is a 10mil marketcap coin. As seen in the graph there been 3 “massive” sell offs that have resulted in a bounce back too new higher...