BitCapJNY

BitCapJNY

Have been seeing A LOT of these on the way up. If PA is not able to close above the 50% fib ($37.624, 1hr), idea is invalidated. If PA does, and we have further BULLISH CONFLUENCE (divergences, etc.,) we will enter here. GOOD LUCK!

BitCapJNY

Hola traders, I hope you're all having a wonderful bull market thus far. I originally stumbled across this idea early in this parabolic move, but didn't quite see it playing out. HOWEVER -I caught a tweet from @cryptohamster yesterday and it clicked. Livermore's Speculative Chart 1 - 7: Asset is "coiling up" for a large move. 8: A bullish breakout of the...

BitCapJNY

If BTC can break out across the 0.5 Fib logarithmic curve resistance @ $36.6K (with volume), we could be looking at a $45K BTC in just a matter of days. Crazy, right? If PA is rejected at this resistance, I would expect a corrective move between $34.85K and $28.4K, with $31.525 the median target -followed by a retest of the resistance. Let's see how powerful...

BitCapJNY

Volume decreasing. Resistance converging onto support. Weeee

BitCapJNY

Hola. Happy Hump Day Traders. We have a CME Futures last trade deadline COMIN IN HOT -with the SETTLEMENT date on the 28th. In remarkable similarity, bitcoin appears to be in a VERY similar position to last month, where BTC saw its FIRST significant correction since the start of this parabolic run on 06 OCTOBER between the NOVEMBER FINAL TRADE and SETTLEMENT...

BitCapJNY

Waiting... Waiting... BUY orders set - keeping an eye on the bounces.

BitCapJNY

Possible BEARISH DIAMOND TOP. There are a lot of ambiguous signs in the chart data right now, there's a VERY STRONG CHANCE that BTC breaks this BULLISH (as it could be an INVERSE HEAD and SHOULDERS). We've already gotten our re trace to the 21 DEMA, either we're coming down for an entry opportunity, or we're about to SMASH through the $20K level. What are...

BitCapJNY

We earned this.

BitCapJNY

Happy Wednesdae, PA seems to be consolidating in a contracting triangle. There is HEAVY resistance just above, near the $13.2K level (major S/R flip from March). If BTC can break this CT bullish (66% probable) Should BTC break this consolidation bullish, I see $13.89 as T1, then $14.699 -with further upside likely. “If a contracting triangle is a...

BitCapJNY

The GBTC chart takes a little noise out. 4hr Chart looks MEGA bullish mid -long term, with near -term downside setting up THE perfect buying opportunity. Let's catch some knives :) -JNY

BitCapJNY Updated 

Greetings Traders The DXY has been a very accurate leading indicator and can be an added confirmation when deciding precise entries and exits in trading BTC through the last quarter of the year. (A) - (B): BTC spot price fell a sharp 18.62% (01SEP) - (08SEP) L/H 7 bars (8 days) GBTC dropped 24% (01SEP) - (04SEP) L/H 3 bars (3 days) DXY gained 2.13% (01SEP)...

BitCapJNY

S&P Tumbling, XBT/XAU approaching the apex of a large symmetrical triangle/bull flag, XAU approaching the apex of the same pattern, DXY (USD) -approaching crucial resistance.. if it breaks, crypto and gold may drop.. if USD is rejected at that resistance, we’re going to see a metals and crypto BANG (it’s way bigger than a BOOM). Great way to cap off a nice...

BitCapJNY

Looking for PA to retrace down to the top trend line of the SYMMETRICAL TRIANGLE to confirm the S/R flip. BTC is currently forming a DIAMOND TOP BEARISH reversal pattern, BEARISH TARGET: $9.7K HOWEVER. I do not believe BTC will dip below $10K for any extended amount of time, a quick wick down to clear the CME FUTURES GAP would make perfect sense and adds...

BitCapJNY

Just a heads up. Volume is still decreasing, price is rising. If bulls don't step in before the CME closes next Friday, we could see the "bear trap" before finally making a push to the upside. Fractal fits. My GANN S/R and FIB RESISTANCE ARCS fit. What do you guys think?

BitCapJNY

A friend told me to check this stock out.. I stay clear from the stock market in any capacity, but this looks like a solid trade from these crypto eyes. Whenever you guys are ready to come on over to crypto -these set ups happen every day. Usually multiple.

BitCapJNY

Bullish Scenario. A lot of similarities in PA vs. pre March 11th. Chart coming on those ideas, a lot to break down. For a double bust, look for these elements. Price busts a confirmed ascending triangle for the first time. Price must move less than 10% before reversing (the move from the red line at D to E, in this example). After an upward breakout, price...

BitCapJNY

just now SOME BIG FISH TAKING BITCOIN DOWN FOR ONE LAST VISIT OF THESE PRICES BEFORE THE BULL STARTS RUNNING. PRICE ACTION LEADING UP TO THIS POINT SCREAMED MANIPULATION AL OVER IT. OBVIOUS FRACTAL CANDLES AT THE TOP OF EVERY STEP DOWN GAVE AWAY THE SECRET PLAN TO STEAL ALL OF RETAIL'S BITCOINS . .. OR MAYBE THEY'RE STEALING OURS?! AHHH.. JUST KIDDING. ......

BitCapJNY Updated 

LOOKS LIKE A HEAD AND SHOULDERS HERE WITH CHAINLINK. RSI IS SHOWING THE SAME PATTERN. LOOK FOR A MOVE DOWN TO THE GREEN "BUY ZONE". I DON'T EXPECT CHAINLINK TO TAKE TOO MUCH OF A HIT -BUT THEN AGAIN, WE NEVER KNOW WHAT THE TRADITIONAL MARKETS ARE GOING TO DO AND WHAT KIND OF IMPACT THEY'RE GOING TO HAVE ON THE CRYPTOCURRENCY MARKET. BUT FOR NOW -THIS LOOKS...