BTC just completed the last wave following its big brother Gold ! it always runs after Gold with a delay but it follows ! based on this fractal we should expect some corrections ! This is just an idea to see where we are since there has not been any correction
I'm going to short btc because of the following reasons: - there is a lot of euphoria. - a lot of stoplosses to hunt. - lots of liquidations (if this move comes true) And a main reason is: The $12.000 resistance that's broken, is never tested in this rally to the upside. So i expect we'll see AT LEAST this level. From there, price might go lower. But that...
Many good news in the media this last week, specially coming from big player like JPMORGAN about bitcoin, this is starting to look like a place where they might distribute, to reacumulate again in the 12k area, liquidate some big longs in the way, refuell their pockets, and draw new ATH in 2021. Nothing comfirmed jet, just suspicious. still bullish (very) in the...
15.9 16K area are the expecting start down trend. Learn from history, ALL what increase huge, should get a recovery. Have good time, expecting that we will breakdown back to 14K area or lower Whale effect? whale effect shows since long term strong effect for bitcoin, but know that there are high % traders than only trade btc for profit, when its time for...
4 hour rsi, macd, volume divergence, fake out at fib top and failed to hold the retest of the high at 13856
Bitcoin has renewed the top and continues on the bullish channel, short-term correction is expected in the region of 14,000, where it is the same top of June/2019 and fibo region. I continue to buy 100% with no forecast for sale. #HOLD
Kyber network on both the BTC and USDT chart has had some serious sell off over the past few months and has been stuck in a nice range for a few weeks on the USDT chart. Im expecting to see a descent pause on the KNC/BTC chart and a short term recovery to reclaim some previous liquidity zones. If we see that reversal or recovery on the sat chart and BTC holds its...
I have been staying off bitmex a little lately since all the drama around Arthur but slowly edging back into it now after a short stint on binance futures. Watching LTC closely here for a short term short play. We have retraced past the 618 and sitting on a significant EQ right now and the MACD looks to have some descent momentum to continue selling further. Im...
Once again Bitcoin showing the bears who is BOSS, Sometimes, simple works best. There is a obvious Bull Flag / Bull Pennant pattern. In extremely fast faced bull markets sometimes these patterns can form on a slanted angle and still breakout upwards. Other important things to note ALTHOUGH we are under the orderblock resistance on Bitmex chart on Huobi we are...
Im watching a few things closely on Bitcoin right now. We are parabolic once again although not super extended we are definitely stretched right now so expecting a snap back sooner or later. For some time BTC has been pegged to the reaction to the DXY and the only thing i was really watching for was to see BTC break significant levels to start seeing organic...
BITCOIN is flying towards 13.8k! good to see some life back in her, maybe watch for breakout and pullback on top of 13.8k to go long. looks very bullish with rvi bullish cross
Just a little update of my last idea, about some confluence with previous waves. - There is a clear symmetry from the minimum to the maximum of each cycle. There is approx. the same distance from the minimum to the halving, than from the halving to the next ATH . In first case 54 and 52 weeks, and second 77 and 75, with just 2 weeks of difference in both...