Kaizer1

Kaizer1

Good day everyone, if we compare the the weekly BTC RSI on Bitstamp we can see that in the past we formed a descending wedge and printed 5 Waves down to finish the bear cycle. Now we are closing in on the RSI resistance again which could lead to a possible rejection. Keep in mind that this is on a weekly timeframe so the price itself has still a lot of room to...

Kaizer1 Updated 

Bitcoin has been moving in this massive triangle for a long time now so it will soon reach a decision time. The RSI is also moving in a clear triangle so it´s really just a matter of time for it to breakout. Prepare for both scenarios but personally I tend to lean more towards a continuation of the bear market. Cheers, Ben

Kaizer1

Good day fellow crypto participants, looking at the past Bitcoin Bear-Market we can find many clues that could help us determine future price movements. Of course, I doubt that history will exactly repeat itself but it can surely give us some good reference points. So first let´s look at the RSI in 2014 where we made our first low at roughly the ~30 level...

Kaizer1 Updated 

Bitcoin is moving in this massive triangle and will sooner or later break out. Since the ETF decision (30. September) will have a huge impact on the cryptocurrency market, it will probably help us break out and determine the next direction of BTC. In this chart you can see important resistance and support lines for your entries/exits. A breach of 6900-7000 would...

Kaizer1 Updated 

Bitcoin broke out of this triangle and liquidated many shorts. This especially hit Bitmex Users since the exchange was in a downtime right when it pumped (on purpose of course). Now is the question if this was just a massive short squeeze or an uptrend signal? BTC couldn´t break the key resistance at ~6900 and bounced off heavily from there. We are now in Wave 4...

Kaizer1 Updated 

Bitcoin couldn´t break through the upper side of the descending channel (8500). After the spreaded FUD through the delayed ETF, Bitcoin has now dropped further through important key levels which now confirms the continuation of the downtrend. The last 3 beartrends marked on the chart have lasted approximately 51 days, if this date range holds true for this...

Kaizer1 Updated 

Litecoin has been downtrending for a long time now, similar to Bitcoin -1.79% . Moving in a descending triangle pricewise and also on the daily RSI . The daily MACD is also moving in a well respected triangle These patterns should reach their ends by the end of August, if not even before that. The direction will depend heavily on BTC -1.79% but they are...

Kaizer1 Updated 

Descending triangle and 4h MACD closing in. Alts are bottoming out and ready for the next cycle, patterns and indicators are narrowing so a big move/decision will happen soon (August), preferably upwards;) Trading note: Buy: ~0.935 (33.3%) ~0.9 (33.3%) ~0.875 (33.3%) SL: Below 0.82

Kaizer1

Litecoin has been downtrending for a long time now, similar to Bitcoin. Moving in a descending triangle pricewise and also on the daily RSI. The daily MACD is also moving in a well respected triangle These patterns should reach their ends by the end of August, if not even before that. The direction will depend heavily on BTC but they are nevertheless very bullish...

Kaizer1 Updated 

Good day folks! Starting today I am going to post my trades on tradingview to publicise my performance, so that I can continue to review myself and also to build my own trackrecord. Whether you follow my trades or completely disregard them is up to you but I would always appreciate feedback be it positive or negative since I am always looking to improve...

Kaizer1 Updated 

A lot of people dumped their alts to jump onto Bitcoin, expecting for BTC to rocket. Well when the majority expects something to happen then usually the exact opossite occurs. BTC just broke out of the triangle pattern where all eyes were on, resulting in another dip on the cryptocurrency market and therefore shifting the sentiment a bit. Longs getting...