Don't be one of the many "boys who cried bear" when your shorts get squeezed and everyone else who isn't posting wild stuff is going with the trend/market phase. We are only in the very first correction at the very beginning of the bull market, and even if we get a bearish scenario where the bull market fails, it would most likely come by not taking out previous...
Early birds get the worm. Our cousin Euphoria has had our friends the bulls in rehab, just don't let her entice you with the pigs once we get back to moon.
Laddering in longs all day, head on straight. Fearful retail now ignoring the Daily, 12h, and every single lower timeframe RSI with hungry eyes squarely on the Weekly alone. Check back and see where the Weekly RSI was when we first bounced from 6k all the way back up to 12k during the last bear market. The majority never wins, that's the nature of the game. Don't...
BTC has already broken up out of one falling wedge and is looking to test the top of the bigger one everyone has been posting about. Price found support on a 10-month-old trendline going back to July 2017, and after breaking up out of the first wedge came back to test the top of it before heading higher. The MACD on multiple timeframes is crossing up and the RSI...
An idea: Many times when there is a mass agreement being spoken about by everyone on an exact top or bottom (in this case we're all predicting 7800 for a strong bounce on a 618 fib level), market makers will surprise us by either pushing price below it or bouncing early. The 8000 level is at the bottom of a falling wedge and directly on a 10-month-old support line...
See the description in the Daily chart publication I just posted for further details.
After the selloff from Korea's UPbit Exchange FUD, combined with the further Mt. Gox whale dump, the Consensus 2018 event has given BTC a very small pop which hasn't seen much follow-through. We can see that Bitcoin initially bounced precisely on the white 50 fib/black 618 fib before getting rejected back down by the black 50 fib and prior structure resistance at...
BTC has an amazing setup right now for a massive bull run. No guarantees, but this setup is rare.
BTC maintains a decent opportunity here to recover from the current healthy pullback and clear 10k. Bulls need to hold above 9k. Will they pull through? We'll have to see.
BTC is currently bouncing on a 618 fib and prior structure support. If this bounce doesn't hold, we could be looking at an ABC correction here on the 4h to strong support levels right above 9k: 9000 being resistance on the way up now coming in as support along with some prior price structure, multiple fibs, and possible trendline support coming down from the...
NEO just broke out of the large bullish pennant it has been consolidating in on top of the big 236 fib, and is bull flagging under a downtrend line for a breakout to the upside. The MACD on the 4h is about to cross up, the RSI has a good amount of headroom, and volume just started to pick up. Let's see if NEO is about to do its "Superman thing".
The Adam & Eve pattern is still in play.
BTC has been building tension for over a week within its large consolidation pattern, and has only just broken for the upside. Already and almost immediately, we are seeing cautious posts about a potential double top and drop, which is reasonable considering BTC did not get the major pullback many were expecting. However, considering the size of this consolidation...
BTC broke multiple resistances and even made it back into its uptrend channel in one go; definitely bullish. As pro traders often recite: trade with the trend, not against it. Although BTC could have had a healthier correction lower before heading up again, a consolidation and breakout like this should still carry enough strength to continue higher. Expecting a...
LTC has been resting patiently on the low 236 fib against BTC and is currently getting squeezed between it and a big downtrend line, providing a high probability of it shooting to the upside.
BTC has broken upward through a downtrend line, the small upward channel it was riding in, and out of the large consolidation wedge it has been coiling in for over a week (not to mentioned prior price resistance). It is literally right about to break through the 9500 resistance level as this is being typed, which will make five resistance levels smashed through in...