I'm back brothers and sisters. If you got the clue in my previous idea, you would have known the target of 6666. After going over the btc chart 6666 times, I found what's in my opinion most likely to happen. It looks like everything lines up. Especially when a lot of 'specialist' are predicting a W- bottom followed by a moonshot. Yeahhh right, it will be funny how...
My horizontal support line and upper bound of the July Channel is being broken as I write this - not surprised and was expecting at least a wick below it. W What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be...
We have witnessed a great battle in recent times, and much to the relief of many, saner heads have prevailed. 1) In a textbook breakout pattern, we have recently broken out of the downtrend line and came back to touch it before taking off again. I waited for the recent bounce on the line as there was the possibility of reentering the bear channel as price did on...
There's a lot of hype surrounding breaking the $11,700 mark, I'm just glad we didn't pull back to the next support line. I FOMO'd because I was afraid of missing the bullrun; gotta learn to leave emotions out! 2hr candle pulled up from the support line, I'm expecting sideways movement in the $11,300-$11,700 region (candle has yet to close however). If we...
Here's a bunch of lines on a chart. I don't know what i'm doing but it looks like we are gonna see a selloff this weekend and a spike to 9000-9500 by monday. MACD RSI Volume all doing stuff and there's some blue lines that kinda look similar.
BTCUSD short term support holding above cloud and .786 fib Weak trend line holding price at that level as well..beardiv forming on RSI so long-term still looking a bit risky. If we hold above cloud I'm expecting a bounce to a $7800 zone before more chop
This is to all bitcoin bulls: You got any NEARTERM reasons? That are neither making a fool of people who got too excited by the bubble, nor far conspiracies but valid for the weeks (or month or days to come) Then please feel free to add a donation address My chart is not necessarily a trading idea but I tried to be positive in this chart and find possible...
Buy near 0.05467046 Tgt 0.06303143 Stop Loss 0.05062933
Take me to the heart of your world supercomputer, oh, Lord Beakerin. Closer to the three digits. To higher marketcaps. Make me believe you're friends with Bitcoin. I want to believe. Yes, I want. Fill me with hype and dreams. I want to believe. Yes, I want. Let me ride your Cup & Handle and take me to the Moon. Entry: 0.052-0.056. TP1: 0.095. TP2: 0.132....
As you can see I drew a fibonacci retracement from the lowest low to the highest high, trying to find the sweet spot for my entry point. Both MACD and RSI are not sending any signal to rush for a quick buy. So lean back, relax and wait until the chart drops below the first resistence level at 0.00000077 (yellow rectangle ) based on the fibonacci retracement...
we all know what the mona lisa is. one of the most expensive paintins in the world. that is why when this rare mona lisa pattern forms on the bitcoin, you need to go long. this is the superior indicator abuve all other indicators.
There's an opportunity to have wave (v) of {iii}
I currently have a debit spread open on BTC, with a $100 spread. BTC 31mar17 1100/1200. I expect the price to be trading within this range for a bit, however not all of it is completely sound. The probability of the call leg being In-The-Money is about 60%, and as of current it is trading pretty close to my strike price. To hedge that, I opened up my short leg...