First orange 123 (RSI gave first clue)
played out to red 2
from red 2 it formed a small reversal to the upside lightblue123 to red 3 (RSI)
All part of a larger red 123 (again .. RSI)
Feel free to tell me how "dump" my money is .. or my chart .. or my avatar
Don't feel obliged to like this or any of my other idea's
I'm not here for my ego
How beautiful .. this week's candle is
all nice and shiny .. just like a beautiful star .. in the evening.
Nice and strong RSI to go along with it .. at around 80.
Only 140 minutes to go and .. we can all reach for the stars .. maybe we can touch it :)
All a board the spaceships now ..
This is somewhat of an update of my previous "idea" (can also be read standalone if you like). If you are not familiar with ..
In my previous idea I'd drawn that peculiar pink and purple channel that coincidentally flipped at the December 2018 low.
'Shortly' after the...
I was plotting some simple trend-lines on the two lowest points (marked with dark-blue arrows) and the two highest points from the last few days (marked with pink arrows).
Because of the possible ascending wedge we're in (red triangle).
Chart was still in extend-mode .. and i noticed that that imaginary pink line has...
Hello dear fellow Crypto-Infesters,
This chart was carefully made with enormous unprovable amounts of research, examining charts for alleged decades and dozens of years of asserted trading experience.
I can now tell you all, my friends, that Bitcoin, praised be Satoshi, is finally returning to Normal.
As we can clearly not see in this chart, NVT is at it's...
Was that title clickbait enough to get your attention? Please take the short moment to read this. (Not for me but for yourself, you don't have to leave a comment, you don't even have to "like" this ..)
The amount of fools in this "game" called crypto is staggering.
The amount of ignorance paired with delusions of grandeur is overwhelming.
Last night i had the weirdest dream about Bitcoin (seriously)
I dreamed Bitcoin was going fully parabolic all of the sudden, FOMO in full effect, everybody was buying, trying to take profit only to re-buy immediately, within seconds, couple of minutes tops it went up to about 630.000 to 640.000 $.
(something like this)
Very early to say of course but ..
At the moment looks like a "head and shoulder" might be forming
Left shoulder had good volume , Head made a higher high but failed fast (engulfing candle) and volume wasn't convincing.
If the right shoulder forms in a typical manner (top around $8000?!) it might send BTC down to...
First of, in my opinion, trying to compare uptrends (or "bullmarkets" as the 'Simplicity-Seeking' traders like to say) is utter nonsense.
Every trend differs, what ever 'fundamentals' people talk about, they change constantly, the market changes.
Newer ways of buying and selling (bitcoinmarket.com - mtgox - present-exchanges - future contracts etc.)