BitViewEU

BitViewEU

Bitcoin in a little triangle that I guess, will breakout in an upside. In the bigger picture still bearish pattern. Big whales are not picking up so expectation is what I posted before. Two pictures here, one detailed, one 1-days with a pitchfork. As you see, majority of candles is at the underside of the pitchfork which indicate a downtrend as well. Expectations...

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Good morning. Rough times though as a trader. Bitcoin is in a full retracement. Expectations for a buy-in at $8000 is quite uncertain. I made a full TA regarding its full market cycle that's showing to move to a full completion. It wouldn't wonder me if bitcoin could go back to 88,1% Fibonacci retracement where we find a new buy-in at around $4000. Some colleague...

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Hi there, Before I start I will show you the total marketcycle of bitcoin. Its finishing this marketcycle. Expectation going down before a new marketcycle will start. Then a more detailed look. Bitcoin broke through its resistance line and through the 61,8% line which means fully bullish character. (yellow circle). I hear you thinking, till what level will it...

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Hi there! We've a new situation at bitcoin. Two patterns in each others. A symmetrical triangle and a falling wedge. The green line is the 'nasty' support line. If it falls down to it, I would lower my buy levels. If the symmetrical triangle is more dominant, theoretical it should fall down as its entering the triangle from above but....we have massive support...

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Good morning! BTC is showing a falling wedge pattern or a descending wedge. And a descending wedge....always comes up. Questions is, when? TMHO it will be between the $9000 -$8000 level. What will be more important is the power behind the breakout, how much new money is coming in to push it above $15000. Can't answer that question. This morning some chaps thought...

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Hi there. Bitcoin is still following my big wave (light blue line) buying zone in sight, green rectangle. Don't miss it :-)

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Just a short snapshot. I saw ideas passing with 'going long on bitcoin'. Question I ask will be, 'for how long going long' in a rising wedge. It will always come down guys. Well a bit quicker than expected but okay. Big wave still in tact and with waves within waves different patterns will be formed. Green rectangle COULD BE still the landing zone. Not saying will...

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Regarding bitcoin I will keep this post short. When you see my older posts you understand why. The green rectangle is still the landing zone and in my perspective best buy-in zone. I can be wrong but bitcoin could test our stress levels again to enter the green zone. This will not be good for the trust in bitcoin for the late joiners. We'll see. Good trade!

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I hope this was enough. To much panic yesterday which offers the red candle. Too quick downwards, never good though. Still some room to go and I was pretty right with this graph. Let's hope I am wrong this time with my green rectangle. Too much money lost by too many people.

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Bitcoin crushed its support line (yellow circle), which was its old resistance line (see one of my old posts) heading into a retracement. Quite some panic in the market and all lights are on red. This COULD BE, not saying it will be, a retracement back to levels between 10K and 9K. The green Ichimoku cloud could give some support, mostly with this power, course is...

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Good morning, As seeing lots of 'news' coming by about the possibilities of bitcoin, I thought, let's drop mine. If we change from bars to line where we have in indication of the spot prices and we look deeply into the graph, we see a bull-flag forming. The old resistance line became the new support line. If it can hold above this line with the help of the daily...

BitViewEU Updated 

DGB broke out a nice triangle. Its still on-track for its Elliot-wave. On a day time scale MACD has changed up a little which means its hovering up for a climb upwards. Spiral shows some nice future. Let's where it will lead to. Happy trading!

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That was a remarkable move of bitcoin when it broke through the support line, (green line in the yellow circle). In my prediction I made three days ago its following the dotted yellow line which is the ABC retracement. Although the parabolic movement of bitcoin, the expectations of ABC retracements were very volatile and not complete. As the South-Korean...

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Same pattern over and over again for KMD. Three times in a row with the same spread time around 100 days. It looks like a falling wedge which is a bullish pattern although MACD is turning upwards as Stoch-RSI. Regarding history I am not getting in at this time. What about you? Happy trading.

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Bitcoin is in a bearish pattern, although, that's what it looks like. It crosses the 61,8% in the fib-tool (using Bitfinex)and in using the fib-spiral it looks like this will be confirmed a bearish pattern. There is a S-H-S formed with a declining line. As part of this S-H-S is the retracement ABC pattern which is formed during the S-H-S. So all signs look like a...