This is a deep analysis on Fibonacci retracements, Korea Volume, Futures closings, Tether, CNBC and why I believe that $7500 is the most critical point for Bitcoin all year and if we break it, we are moving into a strong bull market and if we fail to break it, we will head back down towards the $5800 levels and possibly lower.
There is a significant fractal...
There's suspicious activity happening on Bitfinex, and I think a whale in holding up the price and absorbing a long of short entries, and then I think he'll raise up the price and squeeze the shorts out.
Going long for a scalp.
Hi everyone,
I just wanted to do one more post before bed. It was interesting to see this chart for BTC shorts and it will be even more interesting to see it over the next little while. This chart tells a tail of lost opportunities and lost funds.
If you look back at the recent past, the amount of money in a short position is not very closely correlated with...
Hello my friends,
I'm here with BTC Realtime #9.We finished second month of BTC Realtime weakly last day and let's start third month with energy and fresh.Again i want to thanks all of you that helped me to made this idea and this page great,thanks you that trust me and walk on this path with me and thanks about all your kind comments and messages.So let's start...
For those who doesnt want to read it all and doesnt see any arrows that i usually use, here are key targets.
Price now - 6366
If we pump above 6400 i will try to add to my short position at 460-480, would be a great entry.
If we jump from cliff and end up at sub 6200 and shorts will increase significantly - i will get a long position and prepare for a short...
Hello it's Mattress Mike with a view on the next few days;
Now hindsight is 20/20 and we all make mistakes, the important thing is to learn from this. This is an important consideration when reading adive of the many armchair experts calling for sub $3k on the basis that they have been correct so far. But herein lays the problem that everyone is correct until...
If you read my previous analysis then you would have seen that I identified a symmetrical triangle pattern that would potentially send us down. Well as it turns out; we didn’t see the confirmed break to the downside we were looking for and the crisis was averted! Or was it…
We now find ourselves with two potential triangle patterns at play which could take us...
Hello there, it's Mackerel Mike.
Before I crack on I just want to walk you through what I just did. If you read my last update then you'll recall I opened a short to scalp a little, stop loss got hit and it was a sad time. Since then I reopened and caught the small drop with a bit of leverage a minute ago so it's fine I’m over it.
Then I noticed something, I...
Pulled some data on BTC shorts. We could have quite a BTC pump if we get a short squeeze. It's already taking off and no short squeeze yet. This could make us launch above 8k. Hopefully this helps give an idea of where to expect RSI to stop as well.
This elliot wave seems quite in play. I didn’t spot it but have taken the chance to showcase some great signal being confirmed on each wave. My wave 5 pans out different to who mapped this before me (sorry I can’t remember you, and I think he got it from someone else too lol). I’ve kept was 5 stunted because it is face planting into two support lines and has...
$BTC Weekly Chart
As you can see :-
1.) Downtrend Channel Broken
2.) RSI Bottoms ( In 2018 Weekly RSI level has been below 20 )
3.) ATH Shorts leads to short squeeze ( Bullish Factor )
4.) Tax Days End Soon ( Marks New Arrival of Capital )
