JosephMoss

JosephMoss

OK, so here is my analysis. Bitcoin 50 Day MA is still slanting up, so uptrend is still intact. Stochastic is currently in a downward trend showing weakness. But set up seems to indicate this is temporary. Candle is bouncing off top Bollinger Band showing overbought, but also a weird kind of support. I suspect we will come down to within this band, not bounce...

JosephMoss

I went to bed last night at 2:30am, after seeing history made as $15,000 bitcoin was hit. Woke up to see it had gone to a high of almost $20,000 and dropped a bit.....and that the fibs I drew were obsolete less than a few days after creation. To say we are in uncharted territory is an understatement, but so far, we are STILL in an uptrend. 50 MA still angling...

JosephMoss Updated 

Watching closely, Very, Very Closely. All three daily charts moving together before correction. Hold onto your hats this is goong to be quite a ride.

JosephMoss

Only this one is NOT going to POP! We have clear sailing to the end of the year. There was a shake out a few days ago, wild gyrations which look like red crosses on the Daily Chart. In a matter of hours, stop losses were run and people were taken out of their positions at the (then) top of the market and the lows pretty far down. Then the buying came in. 50 Day...

JosephMoss

The Daily Chart 50 MA continues to show a healthy uptrend slope. And while the price is bumping up against the upper channel of the Bollinger Bands, and the Stochastic is in overbought territory, we are looking at a continuation of the trend going into next year. I would expect a slowdown for a little here but with the chart edging up through January 1, tempered...

JosephMoss

Bitcoin Cash is the coin from the Hard Fork last August. It is really revving up. I am here for the ride and thankful that while bitcoin, the original, has dipped a bit, this puppy is making up all the difference. Sitting back, eating popcorn and enjoying the ride. It’s about to get serious.

JosephMoss

I wrote about a possible dip coming and how I was going to sell my coin and then buy back in. Unfortunately, I missed the move this time around, but am pretty happy with HODLING. The truth is we are STILL in a long term uptrend. That 50 day MA is still trending and angling up, and we are beginning to stabilize in price. Now whether we retrace upwards and then go...

JosephMoss

Hear me out, we are going to $40,000 in 2018. From here on in we are in some uncharted territory, but $40,000.....yes, $40,000 is completely within the realm of possibility for 2018. We certainly are in some unknown territory, and this chart will soon need to be updated with new fibs etc. I'm not going to go into a lot of technical analysis right now, but I do...

JosephMoss

Sorry but I'm just not convinced that this is the crash so many are looking for. But in all fairness my last chart did say we needed to close above 7550 for a continuation, and it did not...so we did correct....however.... Once again, the 50 MA is angling up. This means the trend is intact. We bounced off of $7000 or thereabouts and held which was also a major...

JosephMoss

I said yesterday our resistance would be between 6630 and 6666 and we are clearly near that area. I won't go into all the details of that call as it's published elsewhere. Next resistance levels can be seen on chart, the $7000 level is at bat once we break 6666. We are going higher. Now that the Chicago Mercantile Exchange is coming into play, we could hit...

JosephMoss

If you like my analysis, please follow me on Trading View, and tell your friends to do the same. I am also on twitter @CaptainScio (HawaiianShirtGuy5) The actual next resistance on the chart according to Fib is 6630 or thereabouts. Ususally we overshoot the fib by a little and since this is Hallowe'en, I'm going push that to 6666. It is funny but resistance...

JosephMoss Updated 

Thank you for reading this. If you have friends who want to be part of a great group, have them follow me here on TradingView. I do my best to give accurate reads everytime I see something worth analyzing on the charts. If you see something of value here, spread the word and also join me on twitter @CaptainScio (HawaiianShirtGuy5) OK, so the last chart I said we...

JosephMoss

Please share, retweet, repost, follow me on Tradingview, and request others do the same of you find my analysis helps you. It is deeply appreciated. The proof of my accuracy is in my other posted charts. The "Primary" Uptrend is intact. We are in a "minor" correction currently, with slowing intraday action. 50 Day MA is still trending up, so that is our Primary...

JosephMoss

If you compare this chart to my Bitcoin Daily Charts, you'll be able to make some comparisons. Just as I state in my BTC charts, the general trend is indicated by the 50 Day MA. In this chart it has flattened a little bit but the trend itself has mostly been in a downward slope, also confirmed by a nasty sloping 200 MA as well as the 50MA being below the 200. It...

JosephMoss Updated 

The big thing to look at, as I have said many times before, is that as long as that 50 Day Moving Average line is moving and sloping up, we are decidedly in a bull market with occasional dips. For now we have other indicators showing some slowdown in upward price movement. MACD histogram still shows upward momentum, but the green line is currently dipping down...

JosephMoss

Your resistance is now between $6250 and $6500.

JosephMoss

As stated before $6250 is your next major resistance. All indicators are now pointing up. Let's Go!

JosephMoss

FULL METAL JACKET! While others will see this as a downward chart, I am seeing some real potential here. I stated that we would see the price go down to between 5450 amd 5200, give or take how sharp my pencil is (Yes, I used to do stock charts in pencil). We went to $5100 and bounced on 10/18 (still watching this) Take a good look at the indicators, all pointing...