The past week has seen a steady increase in BTC price. While some are predicting an upcoming reversal, there is decent evidence of a continuation.
Looking at the chart, we can observe an ascending triangle pattern forming(represented by the dotted pink line). This pattern formation in the midst of a positive price trend can typically be viewed as an indication...
logarithmic says we may of established the early stages of a new eth trend. the last trend lasted from feb 2017 - april 2018 - imagine that leveraged long!
if the trend detector crosses up (100/7) and we get the golden cross as confirmation (50/200) then expect the 100 triple smoothed ema to follow suit by crossing the mean.
if all of these occur - enter long
When I get tired of looking at the hourlies, and moreso, tired of worrying about overspending my fiat on BTC, I like to zoom out and look at the big picture, and see what can be learned from the past. This is what I wish I had known back a few months ago.
You can see the buildup to the point where the TEMA's are layered, 50-100-200. The price level pushes past...
Note: this idea is extremely time constrained and may be irrelevant by time you read it.
1 hour just closed with a doji candlestick! We still have time to play alts as long as BTC is carefully watched.
+ Closed right on the 38.20% retracement (peak is drawn from $11185.10)
+ Jumped speed resistance fans like it was made for puppies
+ BTC can definitely drop a...
After a long 50 days or even more we finally saw a first canddle closing above DEMA 50. Now we can see a crossover of TEMA and a nice bullish STOCH and RSI on 4h.
We saw a nice breakout from a triangle that was ''generating tempo'' for a long time now.
The only thing bearish right now is STOCH on daily but that should be fixed with a bit of a...