PT1 = $1.3059 PT2 = $1.299 PT 3 = $1.291
Perfect PA so far, missing volume confirmation
After a savage bear market for Uranium. Things are starting to look up fundamentally, and technically. Waiting for a strong break of the trendline to confirm. In this one for the long haul. 2019 will be a great year for the Uranium sector
Consensus meetup coming to an end, with a mysterious downtrend happening all week, weve formed a nice falling wedge/bull flag. If it completes it could be the saving grace everyones been looking for. It would beging to set off a domino effect of bullish formations including the Cup and Handle ( green ) and a massive Adam and Eve ( blue ) The stoch RSI has x2...
My previous idea brought you the now famous downtrend line you're now seeing all over TV lol: Now im bringin the fire with this update. Weve been filling gaps in the VPVR and completing a VERY HEALTHY retracement. Consensus 2018 is here, errbody bullish. People are catching knives and feeling real confident... But on the other side of the Bitcoin you have Mt...
This is a log scale chart, showing a downtrend line coming from our plunge from 13000. Ive been waiting for a major retrace of this insane move up for a LONG time now.. Looks like it may finally be here, with 10k acting as major resistance, this new trendline keeping us in check - were between a rock and a hard place. We also have a potential rising wedge...
Was this just the preseason? Bitcoin has produced some potential trendlines that, if this pattern repeats; would like up almost perfectly. Of course the fractals have been adjusted, but the scale remains the same, i will be trading this pattern.
In my last post i described a bearish scenario - this post i want to outline a the bullish case. Simply put, we are in a symmetrical triangle coming off a major uptrend. The target of this triangle would be the .786 retrace @ 10579 VPVR seems to coincide. Stoch RSI making a nice bottom on the 4H, and a double bottom on the 12H ( not pictured ) 4H DMI shows...
Bitcoins monster run has been fun to watch - but it has also been without major retracement. Which is coming, its just natural market movement. Bitcoin has been showing signs of weakness since our huge squeeze to 9760. I think alot of people entering longs in anticipation of a retest of this level, but in my opinion we will not get there, because we do not have...
Very similar to the Wyckoff Accumulation we saw at 6600 area. Distribution Specs: d.stockcharts.com
So this was removed by tradingview because i put my twitter link in the description ( against house rules ) mah bad TV mah bad. Original post was around $7850 Bitcoin, heres the post again. Sometimes crypto gets noisy. Sometimes I like to shut out the noise, switch over to a line chart, and see what our old friend Bitcoin 2.93% is really up to. With the...
ETH bounced off a major support @ $370 area and has escaped the recent downtrend - but is not in the clear yet. This past 1-2 weeks has been a relief rally in my opinion, alts are seeing the bigger % gains over BTC, but we are in for more pain. With alts again seeing the bigger % - this time at a loss. We touched an ancient trend line from the $6 region, with a...
Well this scenario looks familiar doesn’t it... but theres one small detail missing... THE BULL TRAP! and or the EPIC SHORT SQUEEZE! Things to keep in mind. Shorts are at ATH, Positive news in the BTC ecosystem, Lightning, mempool, tx fees, ETF back on the table. Price is suppressed to the max right now. Everyone expecting 6k double bottom, 5k bottom, 3k...
Bitcoin has been highly manipulated the last few weeks. The price action shows that we have big players constantly vacuuming coins from retail traders, running stops, dropping 4 digit market sells at crucial reversal points, etc etc.. Theres nothing but positive news in the Bitcoin community, Lightning Network, Segwit Adoption, etc but the price does not yet...
Bitcoin may be ready to buck the bears here, the price action lately has been nothing short of insanity. Feels like everything is a trap, or fabricated in some way, but in all actuality i think ( hope ) it was institutional loading - and that its finally over.. for now. Bitcoin has been running thru resistance, flipping the major MA's , MACD is showing bullish...
Not out of the Forest yet imo.. This runup i.m.h.o. has happened way too quickly. Over 85% in just over a week.. no major corrections. Watching the price action lately i am not entirely convinced this is natural... This run up completed the Head on a large H&S and has formed a Bearish Gartley, leadingme to believe that we will not push through this upper trend...
Bull Run just failed to break 9k - weve formed a pretty significant rising wedge on the 4HR. Which will take us to new lows over the next week or 2. Target 4800 - 5200