Bitcoin Coinbase Update 12:52gmt 07:52est
Although it's rallied above the 8768 line and held the the little
retest the rally from there has been very lame so far.
Looks to be waiting for more buyers going into US open. They
need to be there or this long shot will get stopped ...raising
stop to 8810 as if it gets hit it will come back to the 8768 line...
Bitcoin Coinbase Update
A wild night of opportunities has unfolded. Once Bitcoin broke
the little channel it was left tracking at around
01:00gmt/20:00est it came back to testthe underside of the
same minor parallel at 6800 before falling away ...right back
down tothe bigger parallel which was forecast to halt all
declines yesterday. It did exactly that in...
Bitcoin Bitfinex Feed Sunday Update
The first short yesterday from 7049 was stopped out at 7061
for a 12 point loss. Bitcoin went on to make a high after that
at 7071 - a poor stop by 12 points. This is my bad here, not
the chart's - just a poorly judged spot for the stop. Sorry for
Anyway the second time it broke 7050 gave another chance to
Bitcoin Bitfinex Happy Monday !
For once this hardly really needs updating. Should rally to
first target at 10112 later today but is once more a little
extended and can spend time consolidating - quite a long time
if it wants - before rallying again. Just stick with it or look to add on dips.
It should rally to 10448 and then 11590-11620 later this week.
Today's price action has effectively created another double bottom over a 40 hour period - showing that loss of downward momentum bulls and HODLers have been hoping for. It's the first bullish signal we've seen for days. So we can look to add or follow the next break higher when it comes.
Right now Bitcoin is making a small continuation pattern but so far holding...
Bitcoin Wednesday Update Key Levels Today
Altough we made over 500 points on the downside yesterday
and 200 or so on the upside the last long from from 10755
went wrong and we were stopped out for around a 50 point
loss. Sorry for that one.
Bitcoin has since fallen away and back down the same
parallels after making lows at 10400 on Bitfinex in Europe. A...
Bitcoin Monday Update Next Buy Points on Monday
Those that ran a trailing stop 50 or so points under the little
dynamic supporting the lows of the day yesterday will have
been stopped out around 11500 for 400 or so points profit. 4%
returns on a slow Sunday is not bad but it was a hard grind
battling against the bots. Bitcoin has encountered upside
Nasdaq 100 Index NAS100
The gyrations of February have created some interesting
patterns on Nasdaq. After rallying to double top around 7000
it has subsequently fallen away to create a continuation
pattern under the high, finishing the week by closing at the
upper parallel of what may be a bull flag in formation. For
that to remain the case Nasdaq has to...
Bitcoin Sunday Update Key Lines and Levels Today
Overnight Bitcoin has made a minor double top at 11530-11500
with a rejection spike into the secondary high showing loss of
upside momentum and the first sign that this rally is showing
of running out of steam here. In the process it has lost the
support of the lower big rising parallel and is now making a...
Bitcoin BTCUSD Wednesday Update
Bitcoin is beginning to make a habit of topping out between
21:00 and 01:00 and bottoming between 05:00 and 09:00 the
next day (gmt). Last night we were still running a long and
looking for 11906 on Bitfinex and 11867 on Bitstamp when
Bitcoin topped out very unexectedly 11780 at 22:20 - doing so
from no discernible level of...
Bitcoin BTCUSD Decisive Night Ahead
Bitcoin is now approaching the last major dynamic resistance
potential between here and the highs on both Bitfinex and
Coinbase charts - though not on Bitstamp. We've seen it just
under double so far, gaining 5250 points on Bitfinex from the
6000 low. It can go one of two ways from here:
20:13gmt/15:13est Update and Bull...
NETFLIX NFLX Buy Neflix and Chill - but where?
Volatility returning to the market is throwing up some
interesting short term trading opportunites, with Netflix being
a prime example... The nearest support lies at 261. If this
fails today it should open up a shorting opportunity back to
228-245 range. The 245 level is important, being the start of
Sterling pinged off the next blue line at 1.4317 and leaving
pins on the daily chart - like a crypto in super-slow-mo - this
is moving at one frame per second compared to crypto-world
rate of speed at 240 frames per second - same fractal/ratio.
Although GBP is sitting back on the nearest support it doesn't
look likely to create much of a rally, just a...
DXY: Dollar Index - A Big day ahead for the Dollar Near term Key to Gold, WTI, Brent and Pairs
The dollar is stooging around now having fought itself to near
stand-still - it's likely to start moving in a tight 50 pip range at
89.30 above and 88.79 below - will whipsaw most likely later
today...can play the whip if super slick (not me!) or can stand