This post is for the exchanges who labeled BCHABC as BCH...
I'm creating this idea to rally investors so that their voices are heard in regards to Coinbase's and Kraken's premature decision to label BCHABC as BCH which have caused losses to investors.
Exchanges have absolutely no excuse for labeling BCHABC as BCH. They have been in the crypto community for ...
Time for a NANOBTC update! My previous Nano analysis was on the USD pairing. Decided to do this next one on the NANOBTC chart.
What's interesting about this pairing is that NANO is still more than 100% up on its Bitcoin ratio since August. I had a feeling that NANO would not drop much against Bitcoin, even if it dropped to the 3K-4K area. The reason for this is ...
This is the long term projection of what, Bitcoin can do in the next 10 years, if we repeat history. BTC’s first run, from 2 dollars to 1100 dollars back in 2011-2014 had a duration of 789 days, if we repeat the history and have the same 637 days-long retrace as in 2014 from 1100 to 180 USD we could have a bottom of 4000 USD this season and start a new bullrun in ...
Everyone has been panicking at the years low here on Bitcoin, expecting lower prices. Yet we had a range bounce continually at each target of the wedge. People are turning bullish left and right on each bounce, but judging by the pattern here, it is too early.
We may see slightly lower prices that would fit into this pattern play, but there is hardly any reason ...
BCHABC is on death watch. Initiating STRONG SELL.
Previous BCHABC analysis: BCHABC - Wave Failure
One word can sum up the ABC Group: FOOLS
1. Damaged their Reputations
I believe that the cycle low is in. Its a bit short at 45 days but since the move down was so aggressive, its not uncommon to have a short cycle. I've been taking some small trades the past few days and I had sold a long at $3700 but I thought there was a good chance we would make another move lower yesterday. Since the rally held up and we've closed an hourly ...
ETH/USD broke down from this bearish pennant / asymmetrical triangle earlier today and looks poised for another 10% + drop.
I anticipate ETH will make new yearly lows over the coming days, and as we approach the new year.
I'm currently in a leveraged short position on ETH that I'm gradually taking profit on as price continues to drop further and further, ...
Good Morning everyone! Raphaël Comte from Traders Profit Club here! As every day, a short review about BTC & ETH!
I will be live at 9:00 AM PST with Naeem Al Obeidi, the founder of Traders Profit Club! Do not miss this opportunity to learn more from the markets!
Check out this crazy beast!
It is nearly 2am and I wanted to show off my new indicator (pre-release).
This indicator measures whether there is an increased flow of random walks into space above or below the current price.
The random walks constituting the move are coloured according to the direction of flow.
While this indicator does not learn and improve ...
A good friend stated a thought. He said "It looks to me like it's one massive head and shoulders."
Since he said that, I decided to execute the noise of the buying period. Of course, it is speculative, but it seems to match what is happening on a few different angles.
Here is what it would look like if we give the head a haircut.
Based on this, I'm on a short ...
We are entering into an extreme dangerous zone for shorts. Whenever BTCUSDLONGS v SHORTS gets under 1 (more shorts than longs) the chance of a major short squeeze grows rapidly. When the ratio gets to between .6 to .8 the squeeze is virtually imminent, and it is often violent.
We are currently at .62, which is effectively the all time low.
The reason why this ...
Following the events of the last few hours, everyone is trying to determine whether this is the bottom on Bitcoin or there is more selling to come. We will use a simple cross examination to locate a probable bottom of this bearish cycle.
As we have done on a previous study ...
WELCOME TO DACAPITAL-TRADING!
BTCUSD FOREX BREAKDOWN 11 DEZEMBER 2018
Bearish break below yesterdays low indicating sellers strength
Bullish pullback and sellers takeout, getting more buyers into the market before heading further down
Overall bearish trend and movement, following this one!
(Follow the Trend and move sl every ...
=> Here we are trading a very simple flow
=> The rationale is to ride some profit taking from those who have been short all year long. As most of you already know we have been short for the most part of 2018, and as liquidity begins to fade for Christmas positions are being unwound.
=> The targets here are very simple, we are tracking the previous breakdowns for ...
Long time no post but so far much of the crypto market has been much too stagnant for my liking. I just want to post this to express why I havent showed much interest lately and why I believe in 2019 we will not see any mooning; or at least to previous highs of 2017.
For my fundamentals in technical analysis, I believe markets move in cycles. Its a ...