If you think BTC will just keep going up that is fine buy and hold. BTC can definitely keep going up till eoy, but im going to be patient and wait for the next great buy. I see a lot of posts on here not even talking about ma locations on the weekly. The 50 & 200 have not even been touched in months and i feel eventually the rug will be pulled. It looks like we...
Based off ma golden cross on hourly and lower time frames i would say we go up from here with a small rally. Overall im bearish on the market long term with covid still not over. But opinion aside you have to trade what you see and i see accumulation here, bullish divergence, not a bear flag.
10k is still in the cards with this move, but eventually we will be at lower prices. Cant go wrong with the 6k area, its the neutral area for bitcoin now, especially with mining in China costing 6ks after halving. I'm long term bullish, short term bearish. I see this move coming down based off of divergence and where we have been ranging for the last month....
We are currently witnessing a reversal pattern on the monthly. Long target is 6k-8k. The trend is peaking and the buy back could be very soon or possibly in the fall. Reason being covid is not over people and the fed put up an imaginary curtain that will eventually be opened with yet another bubble popping. I am keeping a close look at the rsi on the daily. The...
Based on ma location and divergence on rsi I see btc going down soon. You can see this in multiple time frames. This run should end either now or a run to 10800-900 with blow off top and then straight down with trend change. Good luck and stay safe out there.
What's up everyone, hope you are staying safe and healthy out there. Are you bored buying into Bitcoin and watching Tiger King for the 80th time? Me too.. I made this chart last night to follow and see how it plays out later on. If you missed the bottom range of 4-5k don't panic because its coming again. Why do you ask? We did not consolidate a true bottom price...
Hello everyone, Hope you're staying safe out there and not dying of boredom! Looking to take some profits in this area, but I'm still neutral at the moment. We are obviously still very bullish, but looking at the 1H some divergence and we haven't been oversold since the 1st. We might see a test of the 50 and 200 MA soon. I feel like the bulls are trying to...
Hello everyone it's been awhile since I posted, mainly because I try to wait for craziness in the market to post. I would like to start by saying 1000 dollars really? Come on people why not 0 then. If we go down to the 1000s again then we are f@#$ed and I don't see btc dying like this. Secondly, I have been waiting for this dump since I shorted at 8600 and it's a...
I shorted awhile back at 7700 and bought back in recently, so I just would like to put the game plan out there. The stop is 7000, long till 8-8500 and target price 5000 in Jan-Feb 2020. Good luck, stay safe out there and happy holidays!
Hello everyone it's been a minute since I posted, so I just wanted to get a few things off my chest here. Obviously we crashed pretty hard and I know a lot of people are wondering wtf is going on now? What's my next move? First off if you are holding, then just hold. We should rebound back up from here. Right now we are hanging around the weekly 50 ma and 7k looks...
For those who are not playing the short game, stay calm, because we are in for another drop. We should now be seeing the 7k region for a few days, to weeks based on the selling pressure lately. 8600 is where I shorted and I feel we are not going to see that level for a while now based off the daily and weekly macd. Lets be honest here, we are seeing a bear flag,...
I shorted last night at 8600. The main reason was because I was expecting another push to 87xx and 8600 was too strong of a resistance. Even though this "death cross" didn't tank the price right away, I still see it playing a significant roll in the price. Ultimately, I see this run as just a higher low in a down trend. We should be headed down now or very soon....
Is this the bottom? Kinda looks like it. I've been watching the 4hr and it's interesting how the price is hugging the cloud. So far things are starting to feel a little bullish, especially looking at the macd on the 1d. We should be breaking up first, 8800-9300 I'm thinking by the 6th-8th of October we should have our answer where we are headed. The cloud starts...
Bitcoin took a massive fall the other day, but with the price holding here for the past 24hrs, I would say it's rally time. If you haven't bought in I suggest putting down a small percent of your capital in case we go up. I'm long till 102xx.
Have your stops set for tmrws dump... Why would they pump when Bitcoin is 10000 and it's only September? You don't think the powers at be are going to dump first? Really? Ha we'll see. Im prepared either way with a stop loss set. Im in as the rest of the bulls, but I am a pessimist with Bitcoin. The Ichimoku Cloud is thick red, macd 1D and 1W do not look good....