supremedev

supremedev Updated 

To determine how the Market Maker has been playing in the market, I've decided to use pure price action analysis. The triangle used is just for a visual representation on levels for breakout. What I want to emphasize on here is the price action; you can see that during the previous downside from 20k to 11k, there was a lot of squeezes and a battle between the...

supremedev Updated 

After the huge continuation of the correction down to the 9k range, there is a more likely scenario where BTC is going to consolidate at a certain range meaning that we may experience a short-term upside. Take a close look at how the EMA on the 2 hr has been following a very nice and simple pattern that is usually seen on corrections. The EMAs have so far been...

supremedev Updated 

I used the BraveNewCoin Bitcoin 1.76% Index to eliminate any exchange specific issues such as flash crashes and to identify strong volumes picking up as an aggregate. The blue trend lines are the parabola curve support and resistance where the parabola resistance has been broken to the upside taking it to unhealthy levels starting early December. Trend has since...

supremedev Updated 

In the next day or two, DGB will breakout from its triangle and soar high. It has been respecting both its resistance and support levels on the trendlines, so it's just a matter of hours until it reaches the end of the triangle and breakout.