In my previous TA I already stated my key points why BTC should go bellow 3000. Nothing has changed so far. We had a nice pump on smaller altcoins and LTC has in my opinion already reached the top. Here's my new scenario, BTC will try to go past 4200 once again and since there won't be enough volume to push us higher it will just roll over to 3000. Personally I...
2019 for comparison: The Hall and Co 2.0 trading indicator seems to be outlining the bottoming fractal (assuming we are already at the bottom). We just had the local push to 4200 area before dumping then rising somewhat to where we are now. If the bottoming fractal continues to hold true then we are going to have a slow bleed for the next month or so until we...
Final capitulation occurred on 12 JAN 2015, during a time in which the personal saving rate made a multi-year high, peaking on 30 JAN 2015. This could help us identify a max point of financial opportunity in overall market conditions and investor psychology. Q4 2018 ended the year with the highest personal saving rate of 2018. Q1 and Q2 readings in 2019 could be...
Hello, Would like to first say that there is so much noice atm in this spiral of emotions. 5% of it is market makers, rest is alot of wishing and thinking TA (emotions). Market makers: Have made bitcoin to their little puppet. They fool everyone in and short it , a synced bitcoin bulltrap for the final capitulation that we will have coming 2 years. And so the...
TA is self-explanatory. I didn't give up on my 1900 target. The bottom will be somewhere between 1500 - 1900. Other reasons: - 50 & 100 MA weekly cross - Pathetic volume at 3150 - no new capital in the last 3 months - February was a green monthly candle (just like in 2014) - no one believes 200 weekly MA can be broken - BTC is a troll
So since we have this continual cycle of pump, consolidate, pump, consolidate; then dump, consolidate: I am expecting a Bart down. It could however go up instead. I am 100% sure though that we WILL see a massive candle very soon. If you want to short/long then flip a coin and put a tight stop loss. The reason I am expecting a Bart down is because this (according...
My stance on Bitcoin is still bearish and i do not think the bottom is in.. just comparing here when price was previously being walked down with the 3 wicks upwards. If you are a bear 3930 looks like a prime short. - XBT - short 3930 - stop 4010 - target 3250
Using the Hall and Co trading indicator a BSO (Buy Stop Order) has been triggered indicating a local top. We should've had one for BTC but it didn't rally high enough to trigger one. There WAS however a BSO event for ETH: Looking back to the last consolidation period after the 2014 Bull we can see that there are two BSO Peaks and two massive dumps to confirm...
On the Monthly chart we are having resistance on the MA 5 at 4290 and EMA 30 at 4910 and we are having support with MA 200 at 3106. To confirm this falling wedge we would have to breakdown the 200 MA barrier which can be possible. Bottom of the wedge will be at 2324$ march 19th and 1725 May 19th. If we go under the 200 MA we will be there for a while, in this...
The pump we just had looks to be fizzled out, with volume returning to normal as well. We may actually see it bart back down again. The past 2 months have been riddled with barts (implying low-volume price manipulation). Unless we see some type of Chad staircase form then I suspect us barting down.
Good day Traders Bitcoin is retracing after a few days of battling that DMA50, whilst watching a new episode of paint drying, and no volume follow-through. We're now on the verge of a temporary bearish crossover between EMA15 and EMA200. See the 2 screenshots below of the S&P and DJI which shows the last time we had a downward cross of EMA15 and EMA200 in those...
AUDUSD has broken out of my red descending wedge. The time for capitulation has come.
It's total market cap analysis, seems like will see a dump nearby 100B...now we are moving will falling wedge further prediction will be updated later...
Hello Crypto Lovers! Please hit Like and Follow us for more updates on this chart. This chart represents a potential bear scenario based on the the 3D Timeframe on Ethereum. It shows the 3D momentum's pending a bear cross similar to November 2018. Clearly, we already broke down as seen on the chart and may start washing down towards the target of the bearish H&S...
Some points i have NOT yet seen mentioned as to why we might already have bottomed. 1) Every retrace after ATH is less violent than the previous one 2) None other than Leo Melamed from CME Group said “We will regulate, make bitcoin not wild, nor wilder. We’ll tame it into a regular type instrument of trade with rules.” This being said, it's to be expected that...
Good day Traders As mentioned before, no one truly knows where we will end up bottoming but 99% of traders will probably get rekt trying to find that bottom because it usually doesn't pan out according to market expectations, so better to be open-minded without being too fixated on a set bottom target because maybe that bottom is already in. We have quite a few...
Crypto WILL be continuing this bear market until one of these scenarios are realized: Still looking for violent form of capitulation over the next couple of months. The clean air area was never retested on the way up since BTC broke from accumulation into bull market. This makes it a likely area for an ultimate low as it is close to the top of the previous...