Disaster_Chartist

Disaster_Chartist

Back toward the resistance we go! This should be fun, just make sure to constantly update your stop losses so you don't get caught out. Now I've already posted a vibrantly worded analysis... kind of? Anyway, here's the deal; Bitcoin is like an explorer pushing through scrub, and now they're getting close to some thick 'n' thorny jungle. The question is, did they...

Disaster_Chartist

Earlier today i posted about taking a little dip, and while there was a slight correction it's left us in an ambiguous position - "where next?". We have three options as always; up, down or sideways. This updated chart has a rough directional prediction for the ups and downs (do NOT set buys/sells based on these, react accordingly). Watch closely here as we're...

Disaster_Chartist

BTC is looking due for a healthy little dip, and quite soon! We're at a point approaching some hefty resistance, outside of our comfy uptrend channel and in the forbidden outlands of the downchannel. Bitcoin had been beaten silly every time it's attempted this escape since the dip in December, so don't be suprised if the next few days yield a similar result. ...

Disaster_Chartist

Lots of news about the bullish indicators, lots of hype regarding a trend change... But isn't it a little premature? We aren't in the clear yet, and there's a good chance we can see it close around 7k (potentially lower if the support falls out) within the next four days. Nothing is guaranteed in this market at the moment, but it's important to not get ahead of...