Adamkm

Adamkm

BTC appears to have bounced, for now. If we use the 125 day moving average and assume that BTC follows a yearly cycle we can see the daily bounces off this line every time so far. Lets see how this plays out over the next day or so and holds true. The bottomed out RSI indicator is also close to the last bottomed out regions, although not yet quite as low....

Adamkm Updated 

If it, by magic, follows the gains from November - December 26 day period, those gains would put us on $48,000 by 31st Jan 2017.... We will all be sipping drinks on a beach by then!

Adamkm

After breaking free of the downtrend channel it has assumed position in a bearish triangle. It is bearish simply because I'm charting this as coming from a falling position. It is possible it could be considered coming from a rising position from the huge drop. IMO the safest play is to sell out here and either buy the break out or buy the dip on one of the fib lines.

Adamkm

Getting a little tight here

Adamkm

1

Adamkm

Nice place to buy would be 460 on support at the bottom of the handle with stop loss at 440. Alternatively wait for breakout but since buying on a support with a stop loss below support is minimal risk, there would be the better spot IMO.

Adamkm

Currently in bullish wedge ready to break upwards and test highs again

Adamkm

Interesting, the other times the RSI has been in this spot from a rising position we have seen considering increase. Can we do it again? Start End Increase 934 1275 341 1240 1817 577 2778 4377 1599 4400 ???? ?????

Adamkm

BTC is clearly in a downward movement however following a bullish pattern. Could see some very low lows before seeing a breakout

Adamkm

App V2 will be launched in the 4th week of September. It's already forming a bullish symmetrical triangle with good volume and decent RSI indicators. Not unreasonable profit target considering previous highs.

Adamkm

Possible bounce from here back onto the wedge support then breakout on the way back up, or another bounce giving another good buy opportunity back down at the 2950 area.

Adamkm

out!

Adamkm

Looking rather bearish, with the FUD at the moment, I couldn't suggest buying for any short term. Personally have set USDT buy at 3205. If it drops from there, I'm a trader, I'll work on trading to increase my BTC stack and not my USD stack. Aim that longer term BTC will be worth much more anyway. Can't stay out of the game too long!

Adamkm

BTC fallen out of rising wedge. Current horizontal support lines

Adamkm Updated 

So the cloud is suggesting bullish and even more bullish just as we are getting to the end of the rising wedge (which typically falls outwards, Bearish). RSI is starting to get to the top end, also bearish. MA and EMA are not getting closer, crossover is not nearing yet which is still in the bullish zone. Curious what will happen next. Short term, a little...

Adamkm

SYS could have formed an ascending triangle. Generally bullish, MA, RSI and ICH all appear bullish still. If candle wicks are taken into the lines, could be a falling wedge which is more bullish. If it breaks 7300-7350 resistance area it could be a great buy in. Buying could be done on the bottom of the support trend line with caution and tight stop loss for...

Adamkm

Looks like my wedge chips.

Adamkm

BTC lines