Monthly closed at-last, and to me it looks bearish.. but I already showed why on monthly I see same bearish (Correction) patterns like from previous parabolic run: Today I wanted to zoom in to weekly and show you why I see same bearish (Correction) patterns: 1. Just like in any market, when fear holding their assets they are panicking, and this is why usually...
Bitcoin is waiting already and it is patient. Who will have the weaker hands, you or Bitcoin? Does Bitcoin even have hands, and of so how many? Well, let's see! :D #doggonacci
Guys, any of you knowing better are we having shakeout #Wyckoffmetod? heading higher...
Longs getting rekt, then shorts will get rekt and most will get left behind. Looking at COINBASE:BTCUSD on the 3 DAY, because the big profit is in the broader moves. When you throw a tennis ball hard at the ground, does it bounce higher than where you released it from? -It's gonna come down even faster than it went up, and if buy orders aren't in place...
Wow, what a drop that was the last days. INSANE. It took me also by surprise I have to admit, the sheer intensity of it, and that we actually exactly hit the longterm support line. Yesterday we had no bounce at all, and I was worried that we'll actually go below 4k, directly to 3k, which would have been very bad for BTC, it would have lead to a more intense...
Good morning, traders. So far, we have been seeing decent movement with Bitcoin since yesterday's $4048 low. Furthermore, my PnF count has the $4,000 area as the low based on the descending triangle pattern that price exited through the bottom of in that chart. If that count holds up, then we should, at minimum, move sideways for a bit, if not head back up. At...
Good morning, traders. Welcome to Monday and it may not be the Monday many of you had wanted or planned for unfortunately. As I said on Friday, I was expecting volatility by the beginning of the week and here we are with fresh lows as price pushes toward that liquidity just below $5000. This is why I did not go long yet. As I explained during the live streams,...
Good morning, traders. I hope you were able to join the live stream yesterday morning as we discussed exactly what happened, calmly and unemotionally (okay, so I may have laughed a bit) -- how it was playing out as I suggested it would months ago if we saw a terminal shakeout and what to expect next. So far, things continue to play out as expected. The next few...
Good morning, traders. Over the weekend Bitcoin dropped a bit more to a low of $6269.46 but held the general low from Friday which means it remained above the swing low of October 31st. The bounce off that drop targeted the 4H pivot, retreated to the equilibrium of the large trading range we've been in since the beginning of September, and is targeting the 4H...
Good morning, traders. The Internet is, once again, anything but stable this morning so there won't be a live stream but I will record a video and upload it as soon as the connection is stable enough to do so. Tech comes tomorrow so by Monday we should be good to go. During yesterday morning's live stream, we witnessed price doing what I suggested it would. The...
This is due for an imminent correction based on metrics. I know some are probably in for a lot already and can't average down, but if you ditched earlier then now might be the time to reinvest. Remember this is why we take profits as we go up -- there are no guarantees when it comes to price action. GLTA HODL like you got a pair.
The shorts were washed out below trendline support The long got in and are now running the show If we get a higher high and higher low We have ourselves a Buy oppertunity Long XRP ! Targets up still into the 1.20 area or whatever price might run or shoot up to on the SBIVC release.
Dear Friends :) I have the last couple of weeks, warned you again and again about extraordinary high manipulation in the Bitcoin-market (BTC/USD). I received earlier today a link on Twitter to a blog on Steemit, where a guy documents, how a group of whales are discussing, how to manipulate a market. I therefore decided to spent a lot of time to analyze the last...
I see two possible developments for BTC in the near future. One with a shakeout and drop to the MA20 (moving average over 20 weeks), and then bounce, and one where BTC starts climbing directly. What will happen, no one knows. However, I see the outcome of both scenarios in a continuation of the bullrun towards 40k+ .
Election day - shakeout. Then, we had a small correction, ended with spring. Most likely USD will go higher.
As I got my order filled overnight, first thing in the morning I saw that prices had gone up on low volume which is an anomaly, then price had dropped rapidly forming a very wide spread bar with low volume which is another anomaly. And now prices are moving up on high volume wich is as sign of strength. If the high volume movement lasts to the last swing high...