#bitcoin has seen bottom - exclusive here's an new BULL side argument. Chart Construction:- 1. Box with yellow border the last two fractals of each month. 2. Add a purple vertical line denoting the last fractal of the month. 3. Box with light blue border the first two fractals of each month. 4. Link within green box yellow boxes (end of month fractals)...
#bitcoin new study using Fib Extensions plus first day of month low, plus trend lines from a lower low, and fanning out from a higher high (marked in light blue). Multiply by Fib. 1.618 the low of first day of month less previous high on the close (not the high).
I'm thinking that for bitcoin to bottom on the weekly chart it may need to make a consecutive weekly Williams Fractal low. A higher weekly high now could be one step nearer to getting it done quickly.
As mentioned yesterday, with the Chikou span almost crossing price bearishly and price unable to cross above the Kijun, we were setting ourselves up for a test of the cloud support, which is indeed what we got a few times hours later. Bitcoin initially had a fakeout lower touching the support at the bottom of the cloud before coming all the way back up stopping...
Bitcoin is looking very weak this morning and has broken below the channel at the moment as bears have come out to play. Bulls are trying to keep this supported above the demand zone below but any break and close below this zone could spell disaster for the bulls. MACD continues to take a nosedive below the midline and RSI has now not only rejected the...
Bitcoin continues to struggle around the Tenkan Sen and Kijun spans where it currently cannot get above the Kijun and starting to look weak. The positive is that the cloud remains bullish and seems to be arching upwards still so there is some hope for bulls BUT on the other hand, the Chikou span (lagging span) might be crossing below price, which would signal...
Potential H & S maybe otherwise still looks 50/50 between bulls and bears.
So i have been keeping an eye out for this yearly descending triangle and waiting for the right postion. I see that we have some higher lows formed but i have not been sold on the highs yet if they have played out the full move or not. I feel at this point it made its move up and we will maybe retest again somewhere near the recent high but im looking to get in a...
From today, I will analysis some top coins like as BTC, ETH, ADA, NEO,... Just use for refer, don't follow these signals for your trading Follow me for more signals Inbox me if you need more services
I wrote up a thesis that I am working with for Bitcoin, BTCUSD on Seeking Alpha and the pressure that we will likely see to the upside. I am going to continually buy on the dips with options protection. I am long BTCUSD at $6,500.00 with a 2-day $6,500 put at a ratio of 1:2, spot:options. I have another buy order in at $6,250.00 with additional options to...
Another worst case scenario using Ichimoku Cloud
Updating my targets to look for.... Could be a good time for some of those altcoins...? --- NO MATTER THE TIMING OF YOUR CHART: 15min - RSI / Stock RSI 30min - RSI / Stock RSI 1h - RSI / Stock RSI 4h - Stock RSI It looks like a Bull Flag is definetely happening! & all longs seem to be concentrated on XRP...
NO MATTER THE TIMING OF YOUR CHART: 15min - RSI / Stock RSI 30min - RSI / Stock RSI 1h - RSI / Stock RSI 4h - Stock RSI It looks like a Bull Flag is definetely happening! & all longs seem to be concentrated on XRP...
Just for fun but this time with 4 hour chart. The customised MACD only uses the Signal Line.
Just for fun (UPDATE) 1% own over 50% of bitcoin and they got no power HA! HA! HA! What price is power? Is dog wagging tail or tail wagging dog? Bitcoin bull maniacs now looking to Doom mongers for a saviour to get them above $20,000.
Just for fun. Games with 200 MA Daily was such fun thought I'd try it with 28 MA Weekly (that's 200/7 for comparison with daily) The bull set ups are what interest me. Can they be replicated? I don't know. They are just observations at a time in crypto when those who got the most media attention and audience can say and point to anything and it's got a 50/50...
BTC on the weekly looks very weak and will be heading down towards $5250, once we hit this I do believe then could be the final push downwards and we should see a fast reversal followed buy mass movement towards the upside.
Close up version of my previous post. See previous post if necessary for construction details.