Idea for Gamestop: - GME broke out of a Trend Bull Flag and is in a a Trend Cup & Handle. - Not to be outdone by AMC, GME should see a very similar performance. - MM spread will soon be broken and they will soon be deep underwater. - Time frame of Wave 3 is this summer and Wave 5 should be EOY. - Long term log trend: TP1: 600 TP2: 1000 TP3: 2000 PT: 5600 GLHF - DPT
Bitcoin found support at our lower Fibonacci anchor at $31.4K. It caught a meager bounce here, but momentum seems really flaccid. The Kovach OBV is still solidly bearish and the small uptick in momentum here did not even register. It is tempting to think that we are seeing a double bottom at $31.4K, however we are more likely to see a bear wedge form. It looks...
Prepare yourselves for a few more weeks of bear market. Place big buys under $20K if we see it. Stack satoshis at all costs. HODL.
First it was Elon Musk, then the China mining crackdown, then the Colonial Pipeline ransom, and now Donald Trump thinks Bitcoin is a scam oh no!!!! What's next on the Bitcoin punching bag? Overly optimistic when prices are high and overly pessimistic when prices are low is how our emotional psychology works plays against us. The lowest point I see Bitcoin...
Bitcoin has dumped again, this time finding support at $32K, which could be a new technical level. It seems roughly in line with the lower anchor of our Fibonaci extension levels. The lower bound still seems to be $30K, but the fact that Bitcoin seems to be making another run for this is not a good sign. As we have said before, the longer it is comfortable in...
May was one of the most volatile months in crypto market history and Ethereum's dominance still growing.
Bitcoin saw some weakness over the weekend sending it back down to $35K, which appears to be the new lower bound of support. We caught a meager lift here but are facing some resistance around $36.7K, a level we have contended with many times recently. The Kovach OBV is pretty flat, and has registered the selloff. If we don't see any momentum come through...
BITSTAMP:BTCUSD ☠️☠️₿ ₿ ₿ ☠️☠️ Fiat currencies (ie: USD, EURO, Zimbabwe Dollar, DOGE, ETH) are INFINITE!! BTC & GOLD are finite. Just like Land. ~HODL
This is not a financial advice. - Previous Support and Resistance/ Buyzone and Bubble Territory (Rejection) - Logarithmic MACD - RSI Classic Chart Analysis for longterm hodlers. Good Luck
TAJ Trade Analysis on BTC/USD. During Bull Markets BTC has bounced off 40 MA historically. If this is indeed a bull market, BTC should pull back off the 40 MA soon. 06/Jun/2021 Disclaimer: Not an advice to buy or sell. Just putting forth my views.
Bitcoin caught a lift to $40K but immediately rejected this level and is hovering back at support at $36K. This appears to be providing good support at the moment, but if it does not hold, beware of the vacuum zone down to $30K. The Kovach OBV is still very weak and appears to have turned over with this selloff, so the bear momentum here is still dominant. We...
Bitcoin has finally shown some strength. It has broken the $37.7K barrier which has provided significant resistance for some time. It appears to be crossing the vacuum zone, making a run for $40K. We should see some resistance here, but it is a good sign for BTC that we are developing an upside bias and perhaps will start to range near $40K instead of the low...
I think now its time for touch the dynamic resistance that I published last analysis! Trade well❤️ Be profitable ✌️
Bitcoin continues to range, forming the apex of what appears to be our pennant pattern. The longer volatility consolidates here, the more likely and the more forceful a breakout will be. The Kovach OBV is completely flat, suggesting there is not much interest in this product right now. A breakout must first contend with $40K which seems to be a hard upper bound...
Brief but efficient explanation on why Bitcoin will recover. Date of recovery mentioned below! -First bullish week last week after 2 weeks of bleeding. Does not provide solid poof that price will reverse, but gives insight that investor confidence is slowly but consistently increasing. - Daily MACD indicator has crossed over yesterday. Bullish insight! - With...
Bitcoin is maintaining an ever narrower range. It faced some headwinds this weekend, taking it back to $33K, before consolidating around $36K. We appear to have a pennant pattern forming, which suggests a breakout soon. Due to the previous bear trend, this pattern is likely to break down, rather than up, unless we get a surprise wave of buying. We will again...
As you consider we are in a triangle of the bearish trend so, please Be careful in your dealings ! In a short term, we have another rising but at 38-37k price be careful and in my suggestion sell 50% of your short term investing Good luck and be profitable ❤️
SO I OPTIMIZED WYCKOFF EVENT ACCORDING TO SITUATION ._. THIS IS REALLY HAPPENING ACCORDING TO PLAN! THIS MAY BE THE SECOND HALF/LEG OF BULLISH MOVEMENT SO DO NOT PANIC FOR DUMPS BECAUSE OF A NATURAL THING IN MARKET :) HODL FOR LIFE. MEET ME AT IG @EricWentHome