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BTC traded in a range for 94 days at the recent high of 65K. Recently it's been trading between 30K and 40K. It could well continue in this range for another month to match the previous 94 day range. Crypto has survived the recent crash remarkably well. DeFi had the most severe of stress tests and passed with flying colors. The GFC of 08/09 showed how fragile the...

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A Fakey is where a false breakout occurs after an inside bar breakout. First it breaks out in one direction before reversing and running in the opposite direction. Very much like a dump and buy the stops. This works well when a run has run for a long time. Most traders are already onboard in the direction of the trend so not a lot of stops get hit in the fake...

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7240 is a level to watch right now. It was a low on the 18th March. It's also where an ascending and a descending trend-line intersect so it's a bit of a line in the sand for the bears and the bulls. Despite the recent calls that bitcoin is dead in the last 24hrs price has picked up $700 so the bulls are still in this fight.

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We've just seen bitcoin 0.51% fall below the March 18th low of 7,240. We went down as low as 6,615 and bounced back fairly quickly to cover $600. The speed at which this bounce occurred indicates buyers. I see 7240 as a key level. If more buyers appear now it could be seen as a failed break down BUT it's more likely that support will become resistance at 7,240 and...

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After being range bound for so long we are finally seeing a strong move - down.

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Currently BTCUSD is range bound between 8275 and 9175 and has been for 6 days (so far) . One theory is that whales do a false breakout first to load up at a better price before taking the market in the opposite direction (at a time of light volume). Because bitcoin has been range bound for so long, traders will be placing their stops at the same place (around 8250...

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Hopefully these levels will be tradeable over the next 24+ hours. The large dotted green line at the bottom is drawn from the low of March and July 2017 using a log scale. I didn't expect the recent decline to be as deep as it was and this long term trend line could possibly be solid support for BTCUSD

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Bitcoin fell hard in the last three and a half days and I'm waiting for some signs of strength. This is the first one I've seen yet. I've drawn dotted lines to the right of some bar's open price. These 4 big red bars hold most of the recent price moves. The most recent one is the first one that prices have managed to return above. I'm not saying 8342 is the bottom...

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I've just stepped out of my Bitcoin long at 11280. This is just taking too long to break thru the overhead resistance and I'm now seeing many signs of weakness. I expect prices to drop from here and it's best to be nimble as a trader. You can see a staircase pattern with the dotted lines I've drawn on the 2h chart. Those steps (difference in levels) are getting...

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I've tried to minimise the number of lines on this chart (log scale, 4hr). If you put too many lines on a chart it ends up telling you nothing but you can always convince yourself that one of those lines was right. The downward trend line was drawn from the high on 6th Jan and we have just bounced solidly off that at exactly 11,065. The blue line is my projection...

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Hasn't broken out yet but I've bought some very close to the line of support from the last 2 weeks with a stop just below yesterday's low. The closer the stop the more likely it is to get hit but this is countered by the better risk reward ratio. Target 478 for 80%. I want to keep 20% for the long term if this is the bottom.

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Just entered a short @ 207.9 Target 176.7 +15% Stop loss 218.3 -5% Major resistance at the dotted line and lower highs since the pinbar which tested the appetite for this to go higher. Looks like the bulls have had their fill and now I have an appetite for destruction : )

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This pair normally moves slowly and it has been returning to the mean over the last 5 days. Now with the pair at the mean I'm seeing the price fall as BTC goes up and the downward trend continuing for ETHBTC. Will close this trade in 48hrs if not in profit.

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Just entered a long trade at 33.5. Stop at 30. Target at 42. OCO. Trend is up and we've been range trading since the 14th of Feb. Today we dropped down out of that range and quickly rose back again which tells me that buyers are waiting to support this market. I don't know that they will blast us up out of this range which is why my target is below the high from...

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Long position opened on breakout @ 140.2. Target +15%. SL -6%.

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Looks like a nice opportunity to short XRPBTC here at 0.0000941 with a tight stop. Buy high - sell low.

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Target 7,700.

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Still trending up but retraced to the buy zone at 2.00