Hello ladies and gents! So despite being a little behind schedule #BTC is actually following my proposed idea. #Volatility drop is massive, I think I lost almost any interest in trading for the last 3 days. The key driver that motivated me shorting is actually hedging despite, I must admit, my position is rather speculative. Taking to account little to none...
Bitcoin broke above the 1hr 233ma but then sailed underneath it, underneath on 15min aswell with negative weighted cci and we have a vfi cross down. Its bearish. If you like my calls, you can see more of them, all my sweet entries, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link or message me...
MACD Histograms are below 0 for almost four days. As per me, it will crossover soon, triggering bots trading breaking all the resistance. There has been a quite good support and resistance at these levels; the triangle is narrowing and people are waiting for some movement (up/down) for starting the positions. Similarly, bitmex funding rate is quite high. People...
The small gap at 9865 got filled, the next target can be the big bearish gap at 11599. The price can make a wick to top of channel. I have my own sell order at 11700 (maybe I lower it under 11600). Then price will go down to fill in the gap at 8488 in middle of Aug. In 2H time frame RVGI turning upward. This is just my thought. Don’t trade based on it.
I've posted a chart last week explaining the implications of BTC and how it'll make its way down to the 21 EMA weekly, which right at this moment sit somewhere in the mid-8000's. The first bounce I will be taking is in those area on the 12 HR chart where the 200 MA (pink link) and 200 EMA (purple link) meets. As long as we're closing candles and opening candles...
There is a clear pattern going on here! Let's take a look at the downtrend channel first. We had something similar in the previous correction, which was if possible, sharper than this one. Th e previous one had 2 big waves, while now we already completed 3. MACD and RSI and VOLUME signal a bigger support for this second pattern, rather than the first one. In...
ETH just show weakness in uptrend after the huge dump, from the observation of volume and structure, potential dumping is possible.
BTC has been struggeling to pass the 9477 key resistance level. however there is still a chance to go up some more and finally break that level if and only if we don't pass the bear finish line first. We've currently entered the golden pocket of the entire wave structure and have seen a decent reaction. Key now is to break the ltf downtrend and test resistance...
Bitcoin Needs Correction to 6200 $
When price wants to breakout from a major resistance. you need volume breakout to buy up and absorb all the bears and kill them. then continue to go up. Look at volume. pathetic. that's not a legit breakout. longing this is pure gamble. in some cases low volume breakout can be legit when price retraces back a little and consolidates near the resistance and keep...
We need to break out whether it is soon or in a couple months but we need to keep making higher highs BULLS?...
According to BTC's current price trajectory we should see it challenging key resistance levels very soon (as per the chart). 6000 is a possibility by the end of the month.
Possible movement of ONT \ BTC next month Black line was support at 4600 and 4550 in april 2018 and became strong resistance from august 2018 at 4200, 4100, 4000, 3300, 3250 Green line, was support at 2000 and 1500 sat on march 2018 and return support from december 2018 to february 2019 ONT is in trend channel from 2000 (support) to 2500 (resistance), we are...
Two of the predictions in my previous post were bullish triangle and bullish sloping flag. But it looks like BOTH of these are correct. The price broke out above the triangle's horizontal line, but has now found resistance at the top line of the sloping flag. Short term swing traders should SELL at this point. Long-term hodlers can take comfort that the flag is...
Parabola = Danger. This warning is for anyone thinking of FOMO-buying at this late stage. Remember how Bitcoin went parabolic in late 2017? Remember how I warned about this in a Facebook post on December 24 2017? No? Well then you should have been following me ;-) The point is, parabolas are always danger signs towards the end of a trend. BNB is nearly at its...
Hi brothers and sisters! Welcome to my bitcoin view! Just look at the chart, and see the signals, you will understand. The huge 1000$ spike we had earlier, awake the cryptomainstream, that led to this huge FOMO. Bitcoin have to consolidate again before we can say anything. Keep in mind, we talking about Bitcoin, the most volatile asset in the world! Left window...
I think at first it will fall again and then start a bull run like we haven't seen in a long time.
It's been a while since my last BTC analysis, so figured it's time to do one again. As we all know, it’s been a relatively slow week for BTC until today. We finally got some volatility back in the market, and as anticipated, it turned into a red Monday. Over the weekend and late last week, we encountered the long term trend which is one of the contributing...