Crypto_Burger

Crypto_Burger Updated 

1. In few hours CME opens with a huge gap to fill 2. We are at the 21 EMA on the daily chart 3. We are above the 53 RSI level Bonus 4: We are on a pretty strong horizontal price support level If we do close a daily candle below this level other possible levels we could drop, but maintain bullishness (IMO) are on 9200-8900-8400 level. If we do break the support...

Crypto_Burger

I am a bull right now, so I do kind of fancy this plan, but yeah those are my suggestions for entries in this weekend before the CME gets on the action, takes the discounts and fills the gap. Btw... ETH to $222 too :D * NOT FINANCIAL ADVICE *

Crypto_Burger

Most analysis suggest we have at least one more push to the upside before we have a correction ... It's possible that this will happen in the next few hours based on this analysis. I hope its clear enough - if not ... put a comment :) (check related ideas)

Crypto_Burger

I was thinking how when everyone is thinking that BTC is due for a correction and waiting for lower price to get on the train ... often times BTC likes to f*ck everyone up and make a massive green move leaving everyone behind... while everyone is calling for a possible 10900-11000 area...what if breaks through like nothing from them and does something like this?...

Crypto_Burger

Pretty straight forward chart... possible 3:1 RR or maybe just a good possibility for a longer term entry setup

Crypto_Burger

Alt Season Over? Or just a short-term pullback coming? Or maybe none of those and it just keeps on dropping?

Crypto_Burger

What if we are following the same path as the previous breakout? Then we are just starting a move that did in April? If we do the same thing (we won't) then in 2 months from now BTC should be around $28k. Back then we did: 1. Going on top of the 21 EMA 2. Breaking the Pink 140 SMA 3. Breaking the Yellow 200 SMA 4. RSI above 86 5. Having a golden cross We...

Crypto_Burger

So as you can see in the history of ETH on a daily chart the RSI has been above the 86 mark only in this bull run 3 years ago. The trajectory we're approaching this levels today is a lot steeper then previously. Look at my linked chart below to see another thing looming at the top of our huge green dildo. A correction is due and on average it will be around 20%....

Crypto_Burger Updated 

A simple chart showing the 1hr chart of BTC combined with the 140 SMA . As you can see everytime we close a candle above/below this line we have a pump/dump. 10 minutes ago we closed a candle below it, so I do expect the price drop to continue today as well.

Crypto_Burger

I just posted an analysis on the queen of alt coins - ETH. It matches perfectly with my longer term analysis of the alts market cap (crypto total market cap excluding BTC). You can find the ETH analysis in the related ideas. I do expect alts to pump a bit more until we get to the 115B area, then drop to about 85B area and from there we start the massive...

Crypto_Burger

The white line is 700 DMA or 100 WMA, but we are on a daily chart. Currently standing at $258 yet moving down every day we are only $20 away from hitting it and give the trajectory we are going after it - it's likely we will meet resistance there. It's also located at the bottom part of a hard horizontal resistance (rectangle area shown) around the same price...

Crypto_Burger

The region of 152.5 and 155.5 is extreme resistance for gold. We do have a bearish divergence and resistance as well on the RSI. Gold can either push one more leg up to the resistance are and then drop, or its possible it drops now and gets ready for this next leg up. Anyhow looks like soon a retracement is coming.

Crypto_Burger

I was just playing around. I suppose it will not happen this way, but if we do follow this trajectory and never break the 10 SMA on the 3D time frame we should hit the new all time high price of BTC by June.

Crypto_Burger

As always I'd say that this looks too easy to predict, therefore something else will happen :) However many other charts suggest that some kind of a retracement is due, so there is one possible option.

Crypto_Burger

This weekend bitcoin pumped and created another gap on the CME chart. In 35 minutes CME should open the week and I do suppose it would be the right time for CME to fill that gap. Just something to be aware of as its possible this will start the next bigger retracement. My target is $9600, what's yours?

Crypto_Burger

Looks like at season is here. Unless you stacked up on alts when I posted this analysis back in December: Most likely in the next few days there will be a small retracement (most likely BTC will dump 5-10% to help with this) and this would be your best moment to buy some alts! If interested here is a list of alts I am thinking about getting for myself in this...

Crypto_Burger

As everyone is eyeing $10,100 as the next horizontal resistance, I wanted to share a longer term chart which is a mixture of trend lines, fib retracement levels, fib circles and the 140 moving average on a 4hr time frame. On a weekly chart you can see the trend line being formed since the 20k level at 2017 until now when using the body of the candles. You can...

Crypto_Burger

We just printed a candle which looks a lot like a gravestone doji candle, so we could expect some down movement next. It's about time for us to make a test of the 21 EMA as well, and funny enough this is where the 200 MA lies right now too... We did break it 7 days ago, and now its time to confirm it as support. On top of that if you draw a simple diagonal...