..again without much words ..let the chart speak for itself. Still some room to the downside but either now or after a last drop, upside is expected Mid to Long term, so not looking at $100 here or there, not for scalping and certainly not for 'weak' hands .. if you lose money on my POV ..not my problem
Little something i have been working on .. trying to put some of my "real world" strategies in Pine for backtesting. Doesn't do justice to real trading yet .. but .. getting there ;)
Eat my shorts .. and put some volume in it
I'll let the chart tell it's story
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) Disclaimer: 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...
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 ..
Could put in some more .. extensions .. but that would be like stating the obvious :P so .. are you ?
This is somewhat of an update of my previous "idea" (can also be read standalone if you like). If you are not familiar with .. To summarize: In my previous idea I'd drawn that peculiar pink and purple channel that coincidentally flipped at the December 2018 low. 'Shortly' after the "Bottom" BTC formed a new uptrend, drawn in blue. BTC went up to the top of...
hit approximately 9000 USD then down BTC loves it's double tops The first one didn't make it all the way but after that pretty much always doubles
Looking at Wyckoff method Accumulation december to april (zoom out on chart) Distribution - may - june/juli
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. They calling...
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...
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 $6800/6900 area, which in turn would start 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.) Newer...
Here we have the obvious "Head and Shoulders" everybody is talking about ... perceived by Picasso.
I keep seeing repetitions of structures on different scales. Like what most would consider "fractals" but they usually refer to repetitions on the same scale, I keep seeing "Mandelbrot-set's" Just compare the above Daily with the minute charts maybe not a perfect Mandelbrot, but peculiar none the less, number of highs and lows + overall trends/directions...