I published this range back in January, I am posting a new thread for 2019.
We are clearly getting towards the top of the range, 50/50 with a bear bias for me right now.
Lets see how it plays out! More boredom and chop or will see some of the movement BTC is known for!!!
We are clearly getting towards the top of the range, 50/50 with a bear bias for me right now.
Lets see how it plays out! More boredom and chop or will see some of the movement BTC is known for!!!
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Old prediction.
Above 6k get long below be careful
Above 6k get long below be careful
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I am thinking we will see the monthly move sideways through the cloud as we did on the weekly
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That last chart is probably way too long but structure is possible in my mind.
Probably more like this, red line is very very choppy and sketch. But 129 bars was the length of 2014 bear market roughly.
A good deal of people are getting very excited that the 'bear market is over' because of the large 3 to 5k candle. I am not so sure look at the volume that ended the 2014 bear market and the volume of the recent weekly candle....
Chart is finex + coinbase
Probably more like this, red line is very very choppy and sketch. But 129 bars was the length of 2014 bear market roughly.
A good deal of people are getting very excited that the 'bear market is over' because of the large 3 to 5k candle. I am not so sure look at the volume that ended the 2014 bear market and the volume of the recent weekly candle....
Chart is finex + coinbase
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A couple of short trades. I don't normally post my trades.
Will probably get stopped out but lets see.
Long on spot from 3200usd (my previous post stating that I thought that was the bottom)
Will probably get stopped out but lets see.
Long on spot from 3200usd (my previous post stating that I thought that was the bottom)
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So the above 2 trades got stopped out.
Short from 9050 and will cover 25pc at 7400
Short from 9050 and will cover 25pc at 7400
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i imgur com/WB8JPpw.jpg
Short.
Staying flat otherwise apart from hodling spot.
Waiting for the the next few weekly candles. Really do not see BTC breaking through the weekly cloud. Would be awesome for price to come back down to the bottom of the channel around 5k.
Daily candles
Total crypto market
Total crypto market YTD
Short.
Staying flat otherwise apart from hodling spot.
Waiting for the the next few weekly candles. Really do not see BTC breaking through the weekly cloud. Would be awesome for price to come back down to the bottom of the channel around 5k.
Daily candles
Total crypto market
Total crypto market YTD
Perhaps we follow the line, perhaps we don't