This is the DOW JONES chart. Red area from this chart fits in the yellow area on the bitcoin chart.
The banks and businessmen from the stock market said that bitcoin was a bubble. That's right. But bitcoin recovered calmly from that crash.
Bubbles also exist in the stock markets. If I compare this graph with the Dow Jones,...
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This is my inside and more professional chart i dont reveal to the public, experience and knowledge combined. Buy around 0.29 cents for massive accumulation. Upside target in the chart for cost average.
This chart is intendedly not very technical to keep it simple. It presents a direction where we are heading pricewise. Keep in mind that there will be less bitcoin generated going forward and probably more bitcoins being lost and frozen forever. This and the fact that Bitcoin gains more significant as a store of value will help supporting the trend line.
Captain Hindsight reporting in: BTC break down from smaller symmetrical triangle, with measured move accurately hit. Set buy orders in the 10375 region, which were filled. Interestingly, (to me anyway) unlike recent breakdowns, no buyers stepped in to keep the price held up.
The overall, symmetrical triangle from previous break-up candle still intact.
BTC update on the larger scale, we could be seeing yet another descending triangle after this parabolic rise,
Points to consider:
- Parabolic rise into descending triangle
- Completion of possible wave 5
- Three Touches confirming price resistance, macro lower highs
- Volume Tapering off in a similar fashion
- EMA's looking to turn bearish
If there has ever been a more Bullish scenario on anything it is this. honest upside potentials in the 1000's of % I am in for the long haul on this one.
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I was messing around with the chart and she started to dump. Holding on to some short positions while in this downtrend. Going to continue to add until this channel resolves or we hit 87-8800. I know everyone is talking about filling the CME gap at 8500, but "smart money" knows everyone is talking about it. I think we see a lot of buyers if we get there.
There isn't much to be said here given the very familiar yet healthy performance of Bitcoin price movement here recently. This also serves as proof that this bull market is totally different from the FOMO induced surge of 2017. No, currently the market is to me, much more stable, more reliable and truly holding up to bitcoins ultimate use case. For the most part...
Hey my Crypto Nerds,
So check out my last idea, i talk about the potential Pennant formation which has turned out exactly to a T!
This graph is my original sketch from my last idea. We have had a small pull back like i said and now aiming to test the last BTC high at 14k. One of two things will happen, we will bounce back from the 14k mark and show resistance or...
Hey Crypto Nerds,
Reviewing on the 4h time frame i can definitely see the Pennant forming nicely. As stated in previous Ideas i outlined the Major and Minor Support zones which i will be keeping in all my future ideas until no longer required. BTC seemed to have bounced from the Minor support zone around the 0.618 FIB and retraced 23%, now trading above once was...
So, its not much of a secret that bitcoin has been a short trader's dream ever since the expected correction,which made the recent increase in volume a very welcomed element to the price predictions of the future. I for one have remained bullish on BTC from the beginning of the bullish trend, mainly because of its movement aligning with the current parabolic...
this is by no means a genious technical analysis in any way - Iam aware of that. So put aside the TA teacher in you and just accept this as a friendly reminder - to not miss the chance on this awesome opportunity. In my opinion 0x is going to explode very soon the same way Chainlink did already!
The fundamentals are awesome...:
My initial price prediction was for the bitcoin to ultimately test support at a much lower price but im not mad at this one bit. today was full of very bullish signals and possibly could signal the end of the anticipated correction and another steady rally to new all time highs for 2019 so far. I don't want to get too excited but as stated in my previous...