AlphonsoElliottJr.

AlphonsoElliottJr. Updated 

We have at least 7 hours left in this day candle and I have to give the bull a round of applause for holding up this trend with a lowercase "t" haha. The MAMA Bear is still in effect just taking a break drinking a RED BULL lol. She is about to head south fast really soon. The Bitcoin market is definitely stalling for that date. But currently the second hidden...

AlphonsoElliottJr. Updated 

Currently the pound dollar is setup like a bullet ready to sink that bottom trend line.. Will it break the current trend channel?? What are your thoughts?

AlphonsoElliottJr.

This is called a Bullish "Marubozu" Candlestick. This candle is considered a weak indicator. Depending on what comes after this candle , this could be a bullish continuation or bearish reversal. This candle usually have no wicks on either end. The color of this candle is either Green or White. Check your charts and search for them everywhere and see what comes...

AlphonsoElliottJr. Updated 

OANDA:USDCAD The market is finally at the 200 smma after a long winded winding down market or better pullback. It took approx. 67 days to reach. Now it is at war ground with a heavy support looking left at a solid 92 day support zone. I really doubt it is going to break that area. So I will buy back up to the next target in the 1.35 area. I made about $70 monday...

AlphonsoElliottJr.

Well.. After 76 1 hr bars, better yet 3 1/2 days of being in the air, the bulls are really trying to hold on for this uptrend. While the retail value of Bitcoin is at an average of 7350, there has been a tug of war between the bears and bulls.. A new month candle has just begun and the bulls opened this month with a upmove.. But there is a lot of heavy resistance...

AlphonsoElliottJr.

Bitcoin is losing steam and there is still a lot of pressure from the bears above. We have been moving sideways for a while but also entering into a new month would not be a good idea to buy right away. I actually did begin selling when I seen a little boost opening high on the monthly chart. At $1100 was the best area of support and when the rallied begin for the...

AlphonsoElliottJr.

The 4hr has gotten punished.. Are you still buy into Bitcoin? $2500 a bitcoin...lets go.. maybe $1100 a bitcoin hahaha.. Remember tis post in the future.

AlphonsoElliottJr.

Two danger signals on 15 min Bitcoin chart. Gravestone Doji, Long legged doji and bearish sell signal. Sell Bitcoin. Bull Trap.

07:07

AlphonsoElliottJr.

Check video.

AlphonsoElliottJr.

BITCOIN is trouble this month, and if you buy now then most people and banks will take your money especially me lol. #SELL BITCOIN

AlphonsoElliottJr.

Bitcoin is in trouble with the bears overall. While many has enjoyed the buy up. many will suffer from holding. Facebook took a 120B (Billion Dollar) loss market cap last month. All time loss in the stock market history. With saying that, please do not expect a bull run closing out 2018 from Bitcoin. Sell it all.

08:57

AlphonsoElliottJr.

Check out video.

08:26

AlphonsoElliottJr.

Take a look at the video.

AlphonsoElliottJr.

If you take look at this monthly chart. There is a huge Doji following a sell signal on BITCOIN chart. Get out! If your scalping for profits then Ok I guess. Wait until BITCOIN come down to $1000-$1100 then buy up everything. Do you think a bank would buy in the middle of a selling trend. NO. Buy lowest average price and sell high. You have been warned. Wait for...

AlphonsoElliottJr.

It looks my analysis stood correct with the 92 day support bounce. I would definitely look for a pull back and then continue long for a possible breakout next week. We are moving on up, Next stop could be $1.32 before other pullback.

AlphonsoElliottJr.

Huge resistance at $7000 made bitcoin fall like a baby lol. Next target for support is possibly $6750. We may get a bounce off that area. Just be aware!!

AlphonsoElliottJr. Updated 

Check out the little support and huge resistance areas. Definitely look to short bitcoin. The BIG Bull RUN has not started just yet.