Biffy

Biffy

Taking a look at the high level view with some fibbonaci measurements. The vertical retracement shows support and resistance levels, the horizontal retracement for time resistance and indication of market cycles, and the fans are for momentum. Should be an interesting month or two while Bitcoin decides which way it wants to go :) Not an expert, not financial...

Biffy

Showing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the...

Biffy Updated 

Trying to find out where the next major time resistance zones may lie by using the break below 6k, and the break above 5k for the time fibo measurement. The 1.618 trendline falls precicely on the local high (end of June), also the 1.272 falls on the candle that broke above 6k. This makes me beleive the next time fibonacci trendlines will play a role in bitcoin's...

Biffy Updated 

Waltonchain looks like it might get a bit of a bounce by springtime... the fibo fan shows the decrease in bearish momentum, the horzontal fib shows there the cycle should reverse, and we also see lots of volume showing on the vpvr at the 0.236 fibo trendline which could indicate a bottom, but we are still yet to see any real upwards direction. If the price can...

Biffy Updated 

XRP BTC is currently testing the support zone of an ascending wedge, if XRP breaks the 9000 satoshi support level with good trading volume then the pattern would indicate a target that near 6000 satoshi level, although the target may not be met if it finds support on one of the lower fibonacci levels indicated on the chart. The moving average oscillator and RSI...

Biffy Updated 

CMT BTC has an long and wild history and has brought in alot of trading volume recently, sparking at all time lows. The bearish momentum appears to be low due to there being no more descending fibonacci fan trendlines coming down from the all time high. The sine lines and horizonal fibonacci show the periods in time where i expect to see price movement. There is a...

Biffy Updated 

TRX BTC chart is starting to look interesting again, looking to see a reversal in june to late july but it's a bit early to tell. Will be looking for the price to come back above both moving averages maybe by September. Not an expert, not financial advice. Biffy

02:46

Biffy

It's a widely known fact that in Bitcoin's history it would have been the best investment of the century, however, I never imagined that when visualised againtst it's competition it would look quite so... umm... Anyway, thought this was worth sharing. Bitcoing being where it is right now, I thought it would be nice to have a gentle reminder of it's history from...

Biffy Updated 

Using fibonacci fans to indicate support and resistance. i expect to see some very bullish momentum in mid january 2019 to mid february, but i expect the price will bounce around in the 340 - 380 satoshi level untill mid december 2018. If the price were to break below the support currently located around the 300 satoshi level then this would decrease the...

Biffy

Updated look at cardano and it's support and resistance levels now that we have more data to analyse, more details on the chart. I'm mainly watching to see if ada btc can come above the moving averages and resistance trendlines. Not an expert, not financial advice Biffy

Biffy

Quick comparison of the last two breakout cycles using the horizontal fibonacci, measured from the start of the breakout to the first bottom on each cycle. It's interesting how the fibonacci trendlines have an opposite effect on the momentum up until the 4.272 and 4.618. Not usually into fractals and stuff but thought it might be worth sharing. Collaboration...

Biffy

FLO BTC is showing a shift in momentum, as it broke out of the final leg of the decending fibonacci fan, signalling bearish exhaustion in December 2018. We also saw a double bottom formation in this area, flowed by a bullish reversal. As the momentum has now shifted i expect the bullish trend to continue, though we may see a correction on the smaller timeframes...

Biffy Updated 

I beleive that the bearish momentum has now been exhausted, and a bullish reversal is likely because the macro level analysis of STRAT BTC shows a clear parabolic, bullish move, followed by a consolidation trend, down to the 0.0002 satoshi level. The 0.0002 satoshi level would be my ideal entry point, however on the smaller time resolutions there are also some...

Biffy

Looking at support zones for entry, as the two weekly heikin ashi candles have turned bullish. 1100 and 1000 satoshis look strong as there fibonacci levels near, and we can also see high volume on the vpvr in these zones. Not an expert, not financial advise. Biffy.

Biffy

ADABTC made a small inverted H&S pattern, with the head around 11th Dec, then broke the neckline of a larger inverted H&S on 21st Dec, worth noting that the right shoulder of the larger H&S is a bit dodgy. I beleive it may be a little early to call for a full reversal as we need to see follow-through on the higher timeframes. The fibonacci fan and trendlines...

Biffy

High rish high reward setup in play for WAVES at the moment. Having recently had an 80% rally we can see that a correction is ongoing, i'm looking for entry zones where I would enter a long position, if I see a reversal sign in the zone. The stop line on the chart could be raised to the ascending 0.236 fibonacci line (in blue) if WAVES breaks above the resistance...

Biffy

ADA has hit a bit of resistance on an inverted h&s neckline, if it can break through it we will see an epic rally, but... its a little oversold on the rsi and we're starting to see some divergence. also the vortex oscillator is still red, but we are seeing some pink above the zero point; which means it is trying to break resistance, but hasn't yet done so. this is...

Biffy

RavenCoin gaining positive momentum in the short term, if it can break the resistance level at 493 satosis i would consider entering a long position, or if it finds support on the 449 level then i would also enter the position and trade by moving averages / heikin ashi candles. More details on the chart. Feel free to check out my open scripts, feedback and...