w3bist

w3bist Updated 

Bitcoin - Logarithmic non-linear regression channel. Analysis explanations on the chart.

10:39

w3bist

Are we at the bottom or continuing with drop.

w3bist Updated 

Might be work out that way

w3bist Updated 

BTC temporary down towards big fiat money. Moves similar to 2015 downtrending. As the broader escalation into the new world continues and the scarcity shows up, it will move back higher.

w3bist Updated 

possible TP's are on the chart

w3bist Updated 

Watching the TA I was recently not able to see why the price was going up. Just like many others I was on the bearish side. Even seeing yesterday that on the bitfinex orderbook 4400 support was cleaned up and suddenly filled back with 300+ buy orders. That is bitfinex and the publicly available orderbooks are not trustful anyway. TA can easily become a bias. For...

w3bist Updated 

Indicator readings: - Volume is in favour of bear - RSI Libre short period indicator floating low for considerable period - Attempts to break resistance is weaker by the day

w3bist Updated 

Weather seasonality or else everything was prepared for bull run and it took of at 1 April 2019. It has been non-catchable almost vertical bull rally. As of 25 June 2019 the bull is exhausted and there are many BTC are for sale. Volume (VF) is making lower high's indicating that the buy power is not coming back at these levels.

w3bist Updated 

Bitcoin is showing ABCDE correction patterns again. For now especially in shorter time frames. ABCDE occurs when the bear becomes impatient, the bullish targets start to fall short and the bear sell itself to exhaustion levels. After completing such pattern, bullish impulse begins. Same pattern was occurred couple of times in 2017. Some traders call this...

w3bist Updated 

Bitcoin has completed the Three Drivers to the Top pattern with 2.67 trend angle. The last wave can be considered as wave 3, but I see this formation more like AB leg of an extended flat correction. Yes, the 3 drivers rally was actually a correction and real trend is yet to come. Before the uptrend, which will probably have only little corrections like the wave...

w3bist Updated 

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