Let me start off by saying that this won’t be an easy read and I truly hope it won’t be. Trading is something serious and needs a lot of time and effort before you can find your own unique way of trading and earning money. This is my way of thanking this community by not only taking my time to make and publish this idea but also by putting my own...
As we all know BTC is making a complex correction from it's previous all time high. To anticipate the upcoming moves we have to assume that there is a basic underlying structure in all corrective structures. This is a scenario where I anticipate bitcoin to make an even bigger WXYXZ corrective structure. Keep in mind that this is speculation from...
In addition to my previous bearish signal in the 1 hour chart I have found yet another bearish pattern in the 4 hour. If you see a bullish signal please share.
I call this phenommenon a bearish UFO and if we look at the history we can easily say that these type of UFO's are the ones that won't beam you up lol.
Again it's a bearish...
There is still some indecision in the market. The spike up entered a no trade zone (at least for me). There are no bullish signals, at least I haven't seen one yet, but there are some legit support areas that could indicate another move up, but that was until I found this pattern.
This amazing bearish pattern is hidden well in the RSI. It's a...
Currently there is some indecision in the market. The spike up of btc entered a no trade zone (at least for me).
While I was updating my chart for LTC I noticed a sweet algo target that had four (!) algo targets set between 64 and 66 usd. Either this is a huge coincedence or it must be an important pivot in the chart where going long is a...
The following has to be considered making a trade in the current price level of 6515 usd for bitcoin 0.18% .
There are 3 channels and in 2 of those channels the 4 tends to break out of the channel and soon after that the 5 ticks inside the channel.
The (III) therefore hasnt completed yet. It will complete somewhere near the 5200 usd (that's...
This is the chart that I use to follow the movement of BTC on Bitfinex (as far as it is possible to do that).
I have painted the important scenarios in different colors so that we can follow its movements.
I believe that we are in a today newly confirmed yellow area. This marks a stabilizing area (bear trap) where it usualy finds a new (blue)...
Since all other coins tend to follow big daddy BTC I can't make an analysis on ETH/USD without showing you guys what I got on BTC.
Now some insight on what happened with BTC and what will probably happen:
As expected a huge bullish horde appeared around the same time both ETH and BTC got into the mid-term bottom. I believe we entered a...
Hopefully you guys bought in ETH/USD around 426-428 USD. At least I did since there were so many signals. The bottom was actualy a few dollars under it (421 USD) so I consider this a good call.
Now some insight on why this happened and what is going to happen:
As expected a huge bullish horde appeared when it got into this area. The RSI...
In addition to my previous analysis the pivot points have been reached. This should be the bottom. It should go up to around 640 dollars now. All my positions are in.
Stay safe and good luck everyone!
PS: This is for educational purposes only. I am not a financial advisor. The sharing of graphs is meant to share my ideas with the rest of the community and an...
My fellow traders,
The following has been observed:
rsi is showing a pattern
bullish divergence showing up
volume flow is steady in this area
second touch of trendline incoming in a triangle pattern (LH+HL)
elliot wave count at the 4 to the 5 of the 5
elliot wave fibonacci points 0,1504, 3.618 and 1.618 allign together (extremely technical since the drop...