Will it shake out (long squeeze + short queeze) this sunday? Or just go to $2300on sunday and $1800 on monday? This is a very short term analysis and im posting this as "long" just to make a discussion. Once everyone thinks, sees it is falling then they will sell (late)?. So Maybe that is the trick here and it will bounce up? What do you think, up, down or 50/50?
Here's some thoughts on bitcoin, I used fib circle and it bounced right on spot, with trend divergence, now we are in another up trend. Both my upper trendline and fib circle are suggesting that we will be seeing $3500 very soon. Although all the above requires it to break out of the resistance area(blue), what interesting is that the recent triangle has broken...
There is a triangle on the daily chart . Could break at any moment and it'll go to US$3300,00. The pattern already appeared another times.
It's starting to look like the plot of a movie. Half of the market seems to try to convince (themselves) we're bullish. The other half is trying to convince (themselves) we're bearish. Everyone looking for validation everywhere. I'm currently out in USDT and sold the three tops. Really not convinced this is going higher so I'm more on the bearish side. But I know...
i may participate if there will be another bitcoin party later later / another year but Half the people went home already. Decrease/reversal also happens exponentially. "party" - i mean secondary, third, fourth hype cycles: now it may looks less crazy than2013. But parties are also not rational. you still cant defeat the time. i dont feel like giving exact...
I think we will see a sideways range in $BTCUSD, as anticipated in my last publication. Having bought a position very close to the recent correction bottom, I can comfortably wait it out until the weekly trends are ready to rally again. The timing for this event interestingly approaches August 1st, so, it makes me think the market will grind sideways for...
Within the next few weeks, SYS will be testing new highs once the bullish pennant is broken upwards. TP1: 9600 sat. TP2: 13000 sat. TP3: 15000 sat. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
bitcoin rising wedge reversal remember last time, end of mai
china no more negative?
This is an interesting phenomenon, the 1 year spreads in BTC prices have now converged. Weekly charts show $BTC can continue rallying, but it is good to take some precautions, holding equal amounts of $ETH as a hedge to it. I'm not sure of the implications of the spread closing like this, but it might affect prices soon. Perhaps it is related to Bitfinex, since...
I spy with my little eye... Something that looks.. Similar and potentially bullish... If thee leave a thumbs up to me, I shall know that thy agree... BTC Tip of the Day When BTC moves a lot or a little, only the foolish ask nearly immediately, what is the news that is surely moving our beloved BTC?
A DEATH CYPHER (Bearish Gartley) formation has appeared. There is nothing Bitcoin can do about it, and it's going to it down to hell. But don't panic, if you're invested in Alt-coins, like Ethereum, Litecoin, Ripple, BitShares and Stellar, there is nothing to worry about. If you are not, good luck. You may need it. This baby is going to hell faster than you can...
This is just my TA take on BTS. I think we're going to the levels between 2200 and 2800. That's a 300-400% increase in the following two weeks. Don't believe me? Ask @Intuit. He has a better explanation than anything I could have come up with. His TA is also better but he doesn't have a banana shaped resistance-support though: Good luck! Disclaimer: As usual,...
incoming...... $900 possible if breaks below $1180 huge daily divergence at this level too.
Looks toppy.... near term seems exhausted with a daily double top and 3 drive pattern. Nevertheless watch out for one last highs for a stop run, way too obvious short at the moment.
What are you seeing today? Its a bubble? 2010: 2011: 2012~2013: 2014: Today: more consolidation could will come if ETF is not approved on 11th March 2017... some buying opportunity on dips which could still go to $700 to re-test but I could see a really vertical pump if it is approved... and crash like 2014