Hey all! Welcome to this short but interesting BTC long term analysis. I see a lot of people literally PANICKING atm. because of the break of our current long term log-trend. What people might not realise is that these types of trends is NOT working well with BTC over the long term. Just look at the chart. Over the last 8-9 years we've had 3 long term logarithmic...
Well.. well, unless one is Rip-van-Winkle, it shouldn't be news that everybody is stampeding out of cryptos. Thankfully I made no predictions on Bitcoin or any crypto going north. There were indications of a probably pump north a couple weeks ago (and for every probability in one direction I said there is a probability in the opposite). So now we're into dump...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY EOS in free-fall !! BITFINEX:EOSUSD is down by more then 83% this year!!. We are looking for another significant drop to the @2 level, thats another 45% wow! From my experience stay on the sidelines. Follow your Trading plan, remained disciplined and keep learning !! Please Follow, Like,Comment & Follow...
Based on my Analysis: How impressive the bears are for embarking a lot of people in their coup. My last resistance barrier is at 3838 USD. But I see already a resistance above that. The bears are so strong, The price has already breached it a bit but it didn't fully rushed through yet . The price is about to slow down. We have a good pattern seen in the...
SEK is in free fall, divergence from 200d EMA is 11% ! EURSEK reached 9-year highs Sept 9. election may result in a deadlock -> anti-establishment party might advance Action: I will wait to see even more blood and eventually look for entry setup to short EURSEK .
Hey tradomancias, I bet no one out here did not see that huge sell-off on friday. Congrats to all of you who participated or is swinging this asset. We just see a huge momentum without any resistance in the way but some profit-safes that day shown by the doji of the last D1-Candle. What will happen? We don`t know, but I guess we can assume that nobody is...
Bitcoin had a ruff ride over the last week, dropping down with low Volume over the weekend. At the same time the greatest News of the Year (ICE,NYSE) got published... This is a calculated Whale play, making everybody uncomfortable with fear of BTC breaking 5800$ Support and going lower. Keep in Mind that this whole price move got established on low Volume on the...
Bitcoin price is going down for the past 6 months and still is. The price zone between 5,000$ - 6,000$ considered as a safe zone in regards to mining costs, below this price zone mining Bitcoin in most of the countries considered to be not profitable. Having said that, the longer the Bitcoin traded at the 6,000$ price, More and more news about Bitcoin mining and...
My last post showed the current 1day RSI divergence. Thought I would take a look at historical data on similar situations, as divergence doesn't always lead to expected changes. However in doing so I was surprised to find only one. It occurred at the end of 2017 and we all know the outcome of that. The StochRSI also has similarities. I am thus in a mild panic that...
Hi, friends. After yesterday falling, BTC is in mini-consolidation just above the level 9400. Look at the huge vertical volume. Cluster volumes indicates that it was the fixation of the positions (closing). take.ms And fundamental news confirmed this. In summary, what to expect now? Bearish momentum is still in play. If the price breaks down 9400 we will see...
Have you ever read the story about the fox, the wolf and the moon? It was written by La Fontaine. To sum things up, the wolf wanted to reach the moon but an optical illusion made him chase it down a well...where he drawned. This tale is both simple to understand and actual since people are still trying to chase a "moon" that could definitely hurt them. Aside...
Looks like we'll bounce off medium strength support. Then rapidly back down to the long term support area. At any point it breaks the down fib channel then you should by. Until then, don't do anything.
Let's have a look at GLOBAL Bitcoin trend. Bitcoin has been rythmed by bubbles. As you can see we are in the end of the third bubble. What does it mean? During the previous bubbles, Bitcoin lost between 70-90% from its ATH. A new cycle begin each time that bitcoin is facing the global trend line and a new uptrend with expanse of 1000%. The point is that third...
Here's what I have for Bitcoin, looks like if this is the crash we're going into the 3 digits
people need see the big big pictrure.... don't panic, first look for a clear, big picture confirmation :) What do you think? Up it is? Where I am trading Ripple? You can trade & get XRP / RIPPLE via Binance Exchange
Last test, before moving to target, at 8600 and higher.
EDG news today turned into a panic sell because of the License delay, nothing to worry about because it's coming. Best time to buy, to me it's a non-risk buy, bounce at the trend line Feel free and wait for bouce
Many people did panic but now it's time to stop being anxious and start investing again. I totally recommend you to rebuy BTC's and wait for a new ALL-TIME-HIGH to appear! And for the future: Please don't panic when mad guys try to do something against Cryptocurrency's - it's a good sign to see those people getting anxious and nervous about those currency's and...