Artesp

Artesp

1H chart. Very close to break down. I projected the triangle widest vertical down the bottom. there is convergence with a larger time frame pitch fork line. We may be visiting the $3,600 soon. This is not financial advice. ......

Artesp

See chart. 2 more month before exiting the 2 standard deviation Shift pitch fork line, that would indicate the end of the bear trend. BTC seems to have hit the historical support line, shown in green. Fibonacci 0.786 seems to confirm, or at least correlate to how the downtrend ended in 2015. December should be a neutral month with high volatility between $4800 and...

Artesp

This commentary is not Financial Advise. It's just my personal view. On the Daily chart the RSI is approaching 30. Still has a bit more to go before reaching it. Yeah, $7,200 range is possible for the next two days. The Stoch RSI is almost at zero, indicating no momentum in the downtrend. And its has bounced up and down to rest back at almost zero (very unusual)....

Artesp Updated 

Hi, this is not trading advise. I'm not a trading professional, nor an advisor. When I set the daily scale and in log mode, there is a bottom trend line, that has been touched three times. Granted that this last touch, was done by a wick and not a candle's body. Could it be that this was the double bottom that was long awaited? And from now on we are heading...

Artesp

Look back at Feb 4. Today's pattern seems very similar. The low volume corroborates the bearish trend. This pattern shows its ugly face in 2H and 4H chart. I don't believe in the don't catch a falling knife theory. With cash at hand my odds are better. If it goes below $7K, I will be so happy buying back! Even if a got some bruises and cuts, while catching...

Artesp

This is not trading advise. I played with two possible, bearish and bullish month-long scenarios. My chart is meant to be one or the other, not both ;-). I just wanted to represent, that from today we can go either way. I used log scale in this chart.

Artesp

For entertainment purposes only. This is not trading advise. I used log scale. See chart.

Artesp

www.sec.gov It is what it reads. I wanted to add the link here for people to read it from the SEC website itself, instead of repeating FUD. This type of announcement is not new, they have been sent out since 2014. And yes, maybe it is a good thing to have the exchanges go through regulations, so the exchanges don't screw us. In any case this announcement shows...

Artesp Updated 

Hello. This commentary is for entertainment purposes only. Trade at your own risk. I'm not a professional trader, or expert in the subject. I believe that we are experiencing a triple ABC correction with two failed X upward waves. Please see chart for possible levels. I made my TA wave "Y" stop at the 62% fib. From which a strong uptrend beginning is possible....

Artesp Updated 

Initially available in 5 USA states. It’s interesting to see what this good news dos to the market. The market will get a shot of fresh and green dollars in the next days. Starting now. I just wanted to share this with u all. This could start a bullish trend.

Artesp

This commentary is for entertainment purposes only. This is not trading advise. I believe that this sudden rise of Litecoin is a pump and dump, with the goal to pump it has high as possible in the next three days, and them let it drop to around $100 level. Why? because Litecoin Cash fork scheduled for Feb 17th. At the moment of the fork, whoever is holding...

Artesp Updated 

I draw a reversal (bullish) Eliot wave with the same slope as the previous one. This may be an error, because there is not the same sentiment now, as it was in November of 2017. The only two exiting things now, are the Robin Hood trading app. opening to Bitcoin in some states, Coinbase implementing SW2 and the Lighting Network developments.The structure that I...

Artesp

Please see chart. This TA is just my opinion, for entertainment. I'm not a professional trader.

Artesp

GDAX is announcing Scheduled Maintenance: From their website: (Pls check their website {https://status.gdax.com/} yourselves.) We (GDAX) will be performing scheduled maintenance on Wednesday, January 31 from 9:00 PM PST to 11:00 PM PST. All resting orders will remain in force. Customers will be able to cancel resting orders prior to live trading resuming. Full...

Artesp

Zoom out to weekly and isolate yourselves from the less than 1 day market drama. The weekly RSI has crossed below the historical low reversal point. MACD is indicating a reversal coming in soon too. BTC is the strong driver. See Chart.

Artesp

On the Weekly chart the BTCUSD pair RSI seems to be getting to the historical point in which it changes directions. Indicating an eminent uptrend. I believe that W. Buffet said once, something like " ..in trading, the rear view mirror is clearer than the windshield" (There was another person that cited this quote today.)

Artesp

A reversal to the uptrend could happen, if we are witnessing the formation of a H & S pattern. I used the 1 day view. I'm sorry for the graphic... it looks like something else ;-)

Artesp

Seems like a confirmation of a strong downtrend. The low has broken under the low's line in the cone. I'm not sure how low will it go, but is seems like is heading to test the next low resistance level, whatever that mark is. Some say around $10,300.00. Who knows; if I had a time machine....