BitViewEU

BitViewEU

Hi chaps. This is the BTCEUR trading pair overview. We have been in a rising wedge that's now coming down on the bigger picture playing out on the daily. Could fall to 50% retracement, not sure. Short update with regards from Bali.

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Well, I am still bearish because the biggest picture hasn't enrolled yet. Regarding my latest post we are in a retracement. Watching the value increase compared to it time schedule and the normal candle values vs time, the only one conclusion can be made, it's a manipulated pump. During my master study I did some investigation into these pumps. Its increasing and...

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As a new trader you will probably being caught by FOMO. It cost me, when I started a lot of money. So always stick to your own judgement and trade with small portions. There is a lot of manipulation in this field and as not regulated there are no penalties. This whole ETF rumour created a nice elliot-wave and at this moment we are in the middle of the correction...

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Hi chaps, What are we facing? In first instance, regarding my latest post, I thought it would be a reversal wedge, but now after some analysis I think a down break would be more obvious. If the downbreak will happen bitcoin will probably tests its lower levels before starting a new fresh market cycle. Save trades.

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Good evening, Its been a while as I am not posting that much reviews. I see and read some of them which are mostly made on lower timescale patterns. In fact we can go two ways, up or down. Simple. The fact that we have CME onboard makes manipulation more clear as I saw in the last weeks. Bitcoin is in a wedge stage where my gut feeling says it can breakout. But as...

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What more can I say.

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Rising wedge broke down. Expectation Bitcoin will fall back to a 8400 level. Sell or go short to make money in a short term could be a strategy. Make your own decisions. This is not a trading advice!

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Good day, Just a short note to inform you with my view for those who are interested. Bitcoin is in a rising trend forming more ascending wedges. Some small purple drawn wedges and as you can see a big ascending wedge is also playing out. My expectation is that it will come down. So I would take my margin on time here. Nevertheless I drawn some yellow wedges or...

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This morning I've read that Wall-street massively goes shorts on the futures in Bitcoin. Also part of the market and let it do its work. In a TA all emotions are visible of all traders and mostly the big pictures play out. My current graph is an old one which I pimped a bit. Big picture still playing out. We have two scenarios in big lines. The white retracement...

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Its a messy pick, when I take a brain-dump of my thoughts. What about a SHS pattern for bitcoin. I am still bearish so a massive dump after right shoulder could be reasonable. I take a break. Lost to much on my latest shorts. Goal for me is still $4500-$4000. Save trades.

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Hi there, A short catch up about bitcoin. We've a sort of elliot-wave forming all depending on what the retracement will look like. Point two is pretty high set, but if retracement is much lower, will it hold the green (low) line of the triangle we could move above with still massive resistance on its way. If it falls below the green triangle line in the...

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Well, that was a ride. Although a bit expected due to the straight bearish flag we were in. Some manipulations tweets I saw passing by, which IMHO are correct and I will show you. I keep being bearish as this was a convulsion of bitcoin. We got a sequence of different patterns followed behind each other. See my graph. I show you a 1hr graph which describes current...

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Good afternoon, Short review on OMG. Pretty much on track following the saucer-base pattern. Some little disturbance due to bitcoin dumps. We had those in the past also. 50MA still above 200MA which is good. Expectation is bitcoin to go lower which will move OMG up. Please keep watching it to take your margin on time. If it goes like we all hope, within a...

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For those who've read my last post regarding the saucer base forming for OMG, were still on track! Less words to say, just see my graph.

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Good morning, Although I love the Elliot-wave theory a lot, I saw a pattern forming that we don't see that much. A saucer-base, which is NOT a cup and handle. The dept of the saucer is less than 20% as it needs to be. The length of the saucer normally is between 7 to 65 weeks so its one week shorter. I think its creating a nice buy in opportunity here. Save...

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Good morning from Belgium, Lots of ideas were popping up due to the in-channel bull-run of the last days. Bitcoin is back most people say, I will tell you, it will never leave, but...it has to finish its market cycle. Those are the biggest strengths of trading, looking at the big picture. So, I am still bearish and on the daily picture you see a few changes...

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Short update on bitcoin. Still in a bearish pattern. Little bullish sign along the way like we had in the reversal HS pattern but in the bigger picture bitcoin is unwinding its market cycle. Those are the big forces at the moment as I posted them already weeks ago. Two pics added. The current position in detail and the bigger picture which I expect to be rounded...

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Well, some posts are not that popular, but I keep telling my thoughts and till now they came true. Its quite simple, every trader is nervous to buy-in on time not to miss the jump up, when it comes. But...bitcoin is unreeling its market cycle and as a grounded trader, for those who are, you see it in all its cycles and moves. Sure a jump up is around the corner...