GudUtenTruser

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BITSTAMP:BTCUSD 33% | 1 BITFINEX:BTCUSD 33% | 1 OMGBTC 33% | 1
GudUtenTruser GudUtenTruser BTCUSD, D, Long ,
BTCUSD: 50 days MA supporting bullish symmetrical triangle w/RSI
162 2 4
BTCUSD, D Long
50 days MA supporting bullish symmetrical triangle w/RSI

The very bottom trend line is perfectly matching up with the 50 days moving average. We're in a med-term bullish continuational pattern and stochastic RSI shows we're extremely oversold. Volume is declining as well, fueling the movement of this symmetrical triangle. Not only that, but the last time the 50 days MA was broken was in September and lasted for a couple ...

GudUtenTruser GudUtenTruser BTCUSD, W, Short ,
BTCUSD: Bitcoin soon ending parabolic movement?
1206 11 14
BTCUSD, W Short
Bitcoin soon ending parabolic movement?

Are we perhaps looking at one of the greatest corrections in history? If this parabolic pattern carries out, we may be looking at a monstrous retracement of somewhere between 80% to 97%. We are far overdue on our correction, with both a bigger elliott wave soon closing out, with a smaller elliott wave within that wave, and now with the parabolic pattern on the ...

GudUtenTruser GudUtenTruser OMGBTC, D, Long ,
OMGBTC: Inverse Head and Shoulders - start of third elliott wave?
341 3 7
OMGBTC, D Long
Inverse Head and Shoulders - start of third elliott wave?

Following what is supposedly an inverse Head and Shoulders following a nice upward trend and a tight downwards trend, we may be able to break the trending resistance and go into the third elliott wave. In that case this'll be a good jump.

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