Tin.Foil
Long

48 Hours until Rise or Crash

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
I am not sure which way Bitcoin             will go.. but I feel it's going to go big one way or the other in the next 48 hours. Chinese new year festival ends today/tomorrow. Noticed in the local Chinese restaurant that they were having a dragon dance on the 25th signifying the end of the festival. It's a gut feeling that something will happen soon.

Things tend to happen Thursday nights, 9pm until 12:30am MST and throughout Fri/Sat around the same times and even into Sunday nights, Monday mornings (3-5am MST). I believe this weekend will be key and if we continue sideways, our next chance at seeing things change will be around Mid-March (15th based on Ichimoku cloud formations).

I also believe that in order for us to break this year long downtrend, we're going to have to bounce off the bottom and if you look at this chart, you'll see our bottom was around $168. I've been feeling $168 since before it happened, but I'm really feeling (in my gut), that 168 is a key number we need to see happen before we bounce back to 300-400 and higher.

Other charts I've made recently show the potential to push us up to 2400+ and that we are nearing that point. I think a double bottom would result in a dead cat bounce to break out of this long term downtrend, push us well over 300 and keep us moving upward over the next few months.

Just a hunch.. trusting my gut, so I've got shorts in and longs in.. shorts to the bottom, buy more and longs for the long term.

This whole sideways market has me expecting something big and soon.. but as sideways markets do, they could stretch this out a long longer, so that everyone anticipating change starts to get that false sense of security that change may not happen and we will continue to stabilize.

Bitcoin             will not stabilize.. not for a long while.. At least a couple years.
Check out Horizon Communications [HRZN] ICO https://horizoncomm.co Providing 4G LTE Wireless Internet Services, launching in Bermuda, the British Virgin Islands with plans for additional countries in the Caribbean and Central America.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out