Giovi6969

Giovi6969 Updated 

Hi traders! We can see that as expected in my previous Xrp main analysis, Xrp produced a nice bounce around the indicated target of 0.56$. However, Xrp is losing its bullish behaviour. It is not making higher highs like other main coins, but it didn't make a lower low. Even Ether that was in trouble, is making higher highs. The local bullish trend line was broken,...

Giovi6969 Updated 

Hi traders! Let's have a new fresh TA for Btc usd. Let's recap quickly what happened during the past few months : - 0.382 Fibo level was a very strong support that ended up beeing broken - Main Fibo trend line (cyan) gave a good support to Btc during its very important fall - 0.5 Fibo level blocked Btc raise, and formed a nasty double top, that kept Bitcoin...

Giovi6969 Updated 

BITFINEX:BTCUSD Hi people! Time to chill on this Sunday, by staying home, and why not having a quick look of what happened to the Amazon.com stock during the early 2000's. You can see that this bubble crashing pattern was very brutal, as we almost don't see any important bull trap. As opposed to cryptocurrencies, you can see that stocks crashed in a slow...

Giovi6969 Updated 

Hi traders, The big picture shows us typical a Bubble pattern formed with Bitcoin usd since january. If we pay close attention to the local patterns, we can see that slowly, Btc is losing its value against Usd. We have repetitive patterns of buy and sell prices with approxymately the same value. The buy prices patterns of around 437$ happen less often and with a...

Giovi6969 Updated 

Hi traders, A quick TA to check how to properly take advantage of possible repetitive patterns. We had beautiful repetitive patterns recently with Litecoin Usd. What to remember : -the dips were followed by strong bullish upmove (wave up) -the strong bullish upmove waves created strong bearish waves (waves down). -do not buy around the top of the waves UNLESS...

Giovi6969 Updated 

Hello, Btc did not manage to do a higher high, and what had to happen unfortunately happened for this dear Crypto monolith, it is diving. Today it broke its local line support (blue). It suggests Btc will keep on diving. EMAs crossing on 8 March was predicting this fall. EMAs are pointing to the down direction, which is a negative signal. But we will have some...

Giovi6969 Updated 

Hello, Here is a quick chart regarding Xrp Usd. We can clearly see what we did to this crypto currency since last year by over speculating it. Now Xrp is very likely going to make people pay for their greed, by doing the opposite of what it used to do, making them losing money if they are holding the asset. If Xrp local bubble start trend line is broken, it will...

Giovi6969 Updated 

Hi traders, Red flag. As you can see i changed some colours a bit and removed the cup and handle that is now definitely destroyed, forget about it. The formed double top was worse than expected: the second top was lower than the first top. This was the last chance Btc had to escape from the huge downtrend, but it failed. The drop was then much more important that...

Giovi6969 Updated 

Hi traders, The breakthrough attempt seems to have formed a double top with the second top reaching a lower level (11.700 Usd) than the previous top (11.800Usd). This indicated more weakness than expected in the process of having tried to form a higher high. Bulls were not strong enough to even reach the level of the previous high, and Btc is now quickly...

Giovi6969 Updated 

We are not out of the woods yet. Bears are still around as we witnessed it today. As anticipated, we had a slight pullback to the 10780 Usd (i anticipated more pullback to the 10700-10500usd, i prefer to be more careful not to be trapped). Btc seems to be more bullish than anticipated, traders are excited having excited this heavy downtrend line. We found support...

Giovi6969 Updated 

Hey, Btc might be closer and closer to pierce this extremely resistive downtrend line. Btc never exits its multiple "bubbles bursts" that easy since it exists! What do we see: -Break outs try outs are now occuring more frequently than last months, which means bulls are getting more and more motivated to the point of sooner or later exhaust bears. -Selling...

Giovi6969 Updated 

Btc failed to stabilize over the blue local uptrend channel. Some more low is on its way so far, but you will find here some possibilities of quick wave trading if Btc breaks the local orange downtrend line. Note that it is extremely risky to trade right now. I'm on usd and waiting for clear opportunities.

Giovi6969

Hello Traders, We can see that Bitcoin is not in the good shape it used to be. What do we have here. Since its top at about 19500 Usd, Bitcoin is trying to find its value by getting lower and lower, it still did not make a higher high to this date. We are having Bitcoin trapped inside a sort of descending triangle. This triangle is unfortunately acting as a very...

Giovi6969

Bitcoin. It developed a succession of bubbles since it exists. We will not talk here about what makes an asset, or a cryptocoin look like a bubble, we will just gonna be studying Btc. We can see that some of the bubbles were bigger than some others. Every time a bubble bursted, Btc came after some time with a higher value. Btc seems to be an accumulation of...

Giovi6969 Updated 

The graphic is primitive, i normally do them this way for myself in even worse, with indicators on. I am a day trader and i usually like to trade waves and post dip pumps. I did not add any indicators, so the overall view could remain clear. I see two possibilities for Btc right now to open trades.

Giovi6969

Hello traders and non traders! I was asking myself since around a year what could be the intensity of a correlation existing between the Nasdaq and Ethereum. Of course Nasdaq and Ether cannot be compared, one is a group, the other is a "crypto stock". But you got the idea. As you know one is regrouping the modern virtual technology, with some banks and other bio...