DavidR.

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About me I'm a Bitcoin day trader. You can join me on 796 by using the link below and get up to 50x leverage on your bitcoin for playing futures. If you are new to bitcoin and want to know how to get started you can visit http://bitcoin.com to learn more .
Last visit Joined 2 years ago Houston, Texas 796.com/invite/do/136117
Fix Chat - Message Flyouts Disappear
Markets Allocation
Top Mentioned Symbols
BITFINEX:BTCUSD 52% | 9 BTCUSD1W 17% | 3 BITSTAMP:BTCUSD 17% | 3 BTCCNY 5% | 1
DavidR. DavidR. BTCCNY, 60, Long , 2 years ago
BTCCNY: Bitcoin broadening descending wedge - BULL
220 1 4
BTCCNY, 60 Long
Bitcoin broadening descending wedge - BULL
Could this finally be the bottom? It has been a terrible year for Bitcoin. Bears have killed a lot of hopes and dreams. But we seem to have a lot of divergence between price and popularity. Bitcoin usage is at an all time high while the price is being driven in to the dirt. All long term time frames have ...
DavidR. DavidR. BTCUSD, 240, Long , 2 years ago
BTCUSD: Bullish Diamond Bottom Reversal - Bitcoin
970 5 6
BTCUSD, 240 Long
Bullish Diamond Bottom Reversal - Bitcoin
It's starting to resemble a diamond bottom reversal pattern. Bears have beaten down and suppressed price to a point where bulls are not currently interested for fear of whipsaw. This will continue until bears exhaust themselves and allow the indicators to reset in favor of the bulls. Good chance to go long on ...
DavidR. DavidR. BTCUSD1W, D, Long , 2 years ago
BTCUSD1W: BTCUSD Gann Square Overlay of previous drawing - LONG
135 0 1
BTCUSD1W, D Long
BTCUSD Gann Square Overlay of previous drawing - LONG
An FX trader (I'm sorry that I forgot your name) told me about the Gann square tool he got added to TradingView. Suggested I check it out. This is an overlay without modifications to my free hand mess. Not sure how to free float it to align with existing lines. It seems there is some kind of snap grid ...
DavidR. DavidR. BTCUSD1W, D, Long , 2 years ago
BTCUSD1W: Bitcoin Price Targets for breakout - Bull
227 0 2
BTCUSD1W, D Long
Bitcoin Price Targets for breakout - Bull
This is my idea for a 0.618 pull back from a bear market into a rally when the breakout happens. Green line is most probable with white line being a consolidation drift before next legs up. I plotted conservative targets from the base trend line and not the 0.236.
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: 1.618 Target 1400s For YTD
263 2 1
BTCUSD, D Long
1.618 Target 1400s For YTD
I believe that Bitcoin is just getting started and that we are only now leaving the "early adopter" phase and moving into the "institutional investor/money" phase. I've only been charting a couple of weeks so it may not be accurate. I put up an AB=CD YTD. Any better chartists are free to comment and correct my ...
DavidR. DavidR. BTCUSD1W, 240, Long , 2 years ago
BTCUSD1W: A new trend has been established
73 0 0
BTCUSD1W, 240 Long
A new trend has been established
Confidence has been assured in favor of a Bitcoin bull market. Break out pricing $408-$412 on 796. Update: Broken down out of symmetrical triangle. Double bottom test of new trend. Position still long.
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: Bitcoin Trend Reversal - BULL
373 0 2
BTCUSD, D Long
Bitcoin Trend Reversal - BULL
For those wondering if we are going up when bears say we are still going down. This is an Adam & Eve Double Bottom trend change. You can review the pattern on The Pattern Site http://thepatternsite.com/aedb.html
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: Fry pan probabilty of completion with time & price
451 0 3
BTCUSD, D Long
Fry pan probabilty of completion with time & price
The formation of the fry pan bottom is almost complete. Expect sideways and up over next 12-36 hours with a breakout starting in about 48 hours.
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: Kumo twist breakout approaching
129 0 2
BTCUSD, D Long
Kumo twist breakout approaching
Should be about 3-4 days of sideways action followed by a kumo twist breakout to the upside on our new trend. I would normally wait for confirmation of the breakout to the upside but a small long here could also be beneficial on the right side of the divergence. Breakout pricing is $396-$405.
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: Sometimes a picture is worth a million dollars....or more
203 1 3
BTCUSD, D Long
Sometimes a picture is worth a million dollars....or more
Presented with no further comments.
DavidR. DavidR. BTCUSD, D, 2 years ago
BTCUSD: Good case for bulls - Short term
71 0 0
BTCUSD, D
Good case for bulls - Short term
All you need is 3 touches for a trend. Bears are still in denial. Wait for the breakout to the upside before getting onboard. There are a couple people using 20x leverage to drive the price into the ground. Pretty soon they will start losing money if this goes against them. Daily and 4 hour back on trend is ...
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: This is what happened the last time we crossed up the 50MA
136 0 1
BTCUSD, D Long
This is what happened the last time we crossed up the 50MA
50MA is popular for a lot of reasons. Here's bitcoins reasons.
DavidR. DavidR. BTCUSD, 240, Long , 2 years ago
BTCUSD: The 3 things Bitcoin bears should fear the most
95 0 1
BTCUSD, 240 Long
The 3 things Bitcoin bears should fear the most
Textbook rally on the 4H.
DavidR. DavidR. BTCUSD, D, Long , 2 years ago
BTCUSD: Bitcoin Punt Play ABCD YoY
161 0 0
BTCUSD, D Long
Bitcoin Punt Play ABCD YoY
Chart says more up here. Overly supressed market ready for rebound. Small pullback in the next 24 hours is capable of making this fail here. If that happens more down and then later retest for new highs.
DavidR. DavidR. BTCUSD, 15, Short , 2 years ago
BTCUSD: Don't trust the FOMO
115 0 3
BTCUSD, 15 Short
Don't trust the FOMO
This ascending wedge will break out to the down side for a possible retest of 300 or lower.Short anywhere up to 350
DavidR. DavidR. BTCUSD, 5, Short , 2 years ago
BTCUSD: Bear Whale Cometh. Confirmed.
118 0 0
BTCUSD, 5 Short
Bear Whale Cometh. Confirmed.
Broadening wedge forming with very little volume to carry it to new highs.
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