As with all my posts, please know that this is very likely going to be completely wrong.
A buddy of mine wants to quit his job and trade crypto... and none of you care about that
so to make a boring story short, it reminded me of a bit of advice I once heard...
Look left - Structure leaves clues.
Whether or not I am right or if the advice is crap, I don't care....
sorry my earlier idea was done on the daily the cup an handle i was trying to show was on the 1 hour to 4 hour but as you can see we are working are way up off the bottom of the handle but volume to me doesnt look right we should be looking for a move back to 10.5 11k we will see how the over night hours are
good morning to you all hope you all are doing well. This drop has formed the handle to the cup. this is bullish for the short term as long as we don't sink any lower then 9820 or 9800 this move will be valid if we move be low those point then we can see moves back down to 9500 possibly 9000 an 8500 gap boys lol we are also in a huge triangle going back to our...
Was playing around on the BTC charts and projected Pitchforks from the Early 2015, 2016 and 2017.
Honestly the still seems to be playing a major role.
Overall Long-Term Outlook:
First off testing the ~11.8k resistance line. (unless it breaks into the upper channels)
Finding support around the ~6.5k support line, which correlates to the 2016 and 2017 Pitchforks....
My chart is kind of a mess, but i did over 4 hour of TA so i thought i might as well give you guys a peek, here's the rundown of my analysis.
First pitchfork its based off the monthly candles, in return they don't correspond to areas that intersect with candles, based on the daily chart.
Second Pitchfork Corresponds to the bottom of the first PF, as well as (0)...
The bottom is speculative on this one as we en-trope on entering new lows.
Holding 5 cent levels strong ATM which will act as an even stronger support on its way back up.
NOT AN EXPERT DISCLAIMER.
The Civic team has been performing well as of Q1 2019 could see an overall turn around by 2021
Speculative at this point.
Keep in mind this asset has been continually...
Headed back up to hit the resistance line one more time, before fighting the 9k support area.
Overall outlook bearish.
Short term long.
long term short.
NOT AN EXPERT DISCLAIMER.
As Always DYOR and Good Luck.
Bitcoin forming Inverted HS on the 30 minute charts:
Could possibly see a rebound off the ~9,650 Dollar mark back to retest ~12k Resistance levels.
If Inverted HS plays out i see the the 11,800 being touched before falling back to to the 9.2k range.
If pattern doesn't play out most likely dance around the ~9,200-9,600 range before heading back towards 8.7k and...
BTG has been forming a long term Inverted HS over the coarse of the past year, currently found a nice support ~18 dollar mark, but definitely has room to move down into the lower 17 dollar range.
BTG isn't necessarily a smart Long ATM.
I suggest continued TA, as BTG moves sideways between ~17-19 ranges as a considerable drop from Bitcoin (down to ~8.7k) could...
I'll keep it simple.
10 SMA - Orange line,
21 EMA - Yellow Line,
20 SMA - Red Line,
Parabolic Sar - dotted crosses
The parabolic sar has printed on the weekly time-frame. I don't use SAR personally unless it is on the weekly which have a very high percentage of playing out. You can see every time the SAR has printed on the weekly, there was...
I'm 100% new to bitcoin and crypto all together. I started watching the price of bitcoin about 2 1/2 weeks ago and created a "lane of healthy growth". Just as we broke out of the latest bull flag, bitcoin started moving up in price. At the time of this post, Bitcoin is dead center of my lane and looking healthy. First Bitcoin purchase ever; June 19, 2019.
Nano's v20 update is coming soon and it will/should be addressing several issues. Nano has been slaughtered since its 2017 highs which much could be accredited the the disaster at BitGrail.
Personally looking for a retest at 2170 to enter.