LibertaliaVentures

LibertaliaVentures

Bitcoin is now at a critical point retesting the RSI support like last year. So far, we've got a bounce and there's a support range right around the current price level dating back a couple of months. If we follow up last year's scheme, we might be able to attack the upper trendline again. This also happens to be the golden pocket, it closes yet another Futures...

LibertaliaVentures

Many halving countdowns and estimations put the date at some point in mid- to late-May. However, surging hash rate and recent mining difficulty adjustments have now resulted in the event taking place in late April or even earlier. What happens after the halving? Historical price action can never guarantee future ones. Nevertheless, looking at past halving's...

LibertaliaVentures Updated 

Price is still sitting right at a strong technical resistance. Bitcoin could be at the cusp of a trend reversal we have last seen back in July of 2018 (red boxes) - the 'great bear trap fractal' mentioned earlier on this channel. On the flip side, we might see a bullish trend reversal we have not seen since April (green boxes) last year. To sum things up,...

LibertaliaVentures Updated 

Bitcoin consolidated in some sort of triangle and broke out earlier today. If it closes above $8.500, the next key level would be around $9.000, right beneath the 200d SMA and the golden pocket area. If also broken, the larger triangle mentioned last week could be in play with a target around 10-11k.

LibertaliaVentures

If we go back in time and scan the BTC charts, comparing other retests of the 200d SMA, one fractal from June/July of 2018 stands out in particular. Not only got it rejected at the 0.618 Fibonacci retracement and couldn’t break the SMA, it also appears to be very similar - look what happened after that bull trap back then… the capitulation to $3K. With this in...

LibertaliaVentures

1. Bitcoin is still in a downtrend since topping out in late June of 2019 - lower highs followed by lowers lows. Seeing a higher high and yet another higher low could be the first sign of a trend reversal. 2. Our Delphi momentum indicator is still in the bearish control zone on the weekly chart. (Just look how nicely it caught the bottom at around 3K) 3....

LibertaliaVentures

... or how Tyler Jenks “hyperwave theory” could still become true Even if it's not relevant for our own trading method, we were asked to take a look at the most bearish scenario the chart 'has to offer' right now. Lo and behold - the following screenshots clearly indicate that there's of course a chance for lot more downside in the market. The journey starts by...

LibertaliaVentures Updated 

Bitcoin formed a head and shoulders pattern over the last 2 months and just broke out. Above you can see the BTC Futures Chart. The volume confirms the pattern. Target would be around $8.3k. On the bearish side: Usually, a rising confirmation line is a stronger reversal pattern than a decreasing neckline which we have formed. Furthermore, similarly looking chart...

LibertaliaVentures Updated 

MARKET ANALYSIS: QNT/USD One of our members asked about our thoughts on $QNT. While the project itself is one of the few in crypto we really like and think has serious future potential the chart currently is still in a downtrend. Announcements could reverse the trend with ease, especially on these relatively unknown mid caps with low volume but the formed...

LibertaliaVentures Updated 

Food for thought… Bitcoin could still be in an ABCDE triangle correction. This would leave us with a beautiful fibonacci relationship from golden pocket (c) and the .0236 on a possible forming (d). In general, our b-wave top in july has been an 4x+ extension of its previous (a). This typically happens when forming a triangle. Combined it‘s a bullish-bearish...

LibertaliaVentures Updated 

$BTC broke the trendline formed since mid november. Upside potential of that sym. triangle would be right in the golden pocket area around $8700. Let's see if it has enough juice.

LibertaliaVentures

$BTC sitting right on the pitchfork median line. Keep an eye on that, if broken it tends to move right up to the next one. If rejected, back down.