Just a quick BTC .D fractal demonstrating the potential reversal point of the current short term uptrend. May reach 70+ before this occurs.
Looks insanely bullish. Already had our move off the bottom with a slight consolidation but she looks good for a 200% pump believe it or not. For more info check the video attached. Out of all the trades I have posted today, ONLY PICK ONE!!! God Speed, Mr. Manbearpig
As per Chart (3D), the bearish formation is taking place and it reciprocates the bearish tone of BTC. For now, I see the 1st target in the 66% range, as per chart. This could represent the next level of BTC in the 6K's. The RSI also supports the Bearish tone in the BTC Dom.
Its weakening on the 4hr chart and momentum is beginning to shift at this time. Close out all hedges secondary to decreased probability for a long out come and an evolved market structure. Maybe it will be a marry Christmas. One never knows but Short term it is looking rather weak. God Speed Gents, Mr. Manbearpig
It seems BTC oversold conditions on the daily RSI has given the market for now a push to the upside. This can also mean that the ALTs have completed their run as you can observe on many ALTs that they have hit a key resistance level. I'm expect BTC to gain more ground in the (short) term. Please give a thumbs up or a like if you agree or appreciate the chart...
#BTC $BTC #XBT $XBT #DOM $DOM #BEAR #BEARISH Once again, we have a coincidence of timing in the price charts. It seems that we are really about to enter a really BIG BEARISH phase when : - BTC is likely to drop to 6000$ in Jan-01 2020 - BTC Dominance is also analyzed to peak 77% on Jan-01 2020 My analysis will be broken if BTC rises above 12500$ and BTC Dominance...
Not looking good for BTCUSD... AltBTC longs still in play. I, however, am not going to be making any trades on BTCUSD pairs. ALTBTC pairs are much safer moving forward. God Speed, Mr. Manbearpig
Broken Key Support and slow bleed will morph into an all out dominance dump which means a good day for ALTBTC pairs. Im sticking by that call after almost a month of flat price action. God Speed, Mr. Manbearpig
Break above a longer term descending wedge with a triple divergence and record low volume along with a slowly weakening dominance. Bull market is going to get going now... you heard it here first folks. Video coming soon. God Speed Gents, Mr. Manbearpig
RR is good at this time despite the small bump in price. Great entry point. Im going in. God Speed Gents, Mr. Manbearpig
Took long enough to get to this point but it makes sense because the beginning of the week needs to start weak to it may end strong thus making it easier for market makers to hold the candles where they need them to be to manufacture price action of ALTBTC pairs. God Speed Gents, Mr. Manbearpig
Ill add to my position at the top of the channel. Lets see what happens.. going to bed and placing my stop as indicated not risking more than 35$ to see if that plays out well. All the edges are there just need to watch the dominance chart start weak to it can end nice and strong or just keep pushing forward with all the momentum it has been having. With this...
We can observe the following: a) Falling Wedge b) On the DAILY, a BULLISH DIV. (indicated on the RSI with the black line) c) On the 4 HRLY, a BULLISH DIV. (indicated on the RSI with the black line) d) Support line indicated by the RED Section. Thoughts: BTC might do a move on the upside and hence people are flipping back to BTC as you can note many ALTs have...
NiceAlts bounce last night. There are some great shorting opportunities in the altbtc market at this time. Im gonna take a look around and see which one is the most shortable. Good Luck Gents, Mr. Manbearpig
Bearish Continuation Dominance has been confirmed which means that ALTS will move up against BTC however at the same time BTC is showing strength at these levels and we may not see the dump to 7300 manifest secondary to alot of hype that is being pumped everywhere. Ive also seen alot of crazy price action which suggests that there might be some whales either...
The more I look at how slow this dump was the more I am beginning to think that we may actually see 80%. This is only a posibility IF there is no SHARP dump soon and QUICK. Which is unlikely because the 4hr and dailey charts are already over extended and are starting to hit slightly below strong areas of confluence. I speculate that the dump below the 535EMA may...
The Market Cap BTC Dominance has hit the resistance at 72.83 which is not broken since July 2017 and likely to fail in breaking out. Volume profile since july 2017 upto now is showing less interest of traders at resistance level. The RSI is overbought. Stochastic has given bear cross from overbought zone. MACD turned strong bearish. Lagging span of ichimoku cloud...