MaciejTrebacz

Message Follow Following Unfollow
Joined
Markets Allocation
Top Mentioned Symbols
MaciejTrebacz MaciejTrebacz BTCUSD, 120,
BTCUSD: One step up, two steps down
56 1 4
BTCUSD, 120
One step up, two steps down

It seems to me that we hit a double bottom here, so we will retest 400 area again, before going down back to 340-360. What then? Only time will tell :)

MaciejTrebacz MaciejTrebacz BTCUSD, D, Long ,
BTCUSD: Quick recharge, then to the moon!
117 1 0
BTCUSD, D Long
Quick recharge, then to the moon!

If we really broke the long term downtrend yesterday (and I believe we did), we will see another rally soon. However it seems that, similarly to the situation in Oct/Nov 2013, we will retract to the medium-term uptrend line first. From there, if the line holds, it's to the moon. So to recap: - Short-term: Down - Medium/long-term: To the moon! :)

MaciejTrebacz MaciejTrebacz BTCUSD, D, Long ,
BTCUSD: Downtrend is over guys, prepare for a rally
493 4 2
BTCUSD, D Long
Downtrend is over guys, prepare for a rally

Since december the market was in bearish mode and we had some violent downwards movements, catalysed by some bad news from Bitcoin world. Now that the dust after Mt. Gox fiasco settles, the price is approaching the downtrend line for another time. This time it's likely that the downtrend will not hold.

MaciejTrebacz MaciejTrebacz BTCUSD, D, Long ,
BTCUSD: Up we go
413 0 1
BTCUSD, D Long
Up we go

The double bottom really materialized (as mentioned in my previous post, before the big move up), and now it seems we're headed up. Also, look how just after last bottom the 200 EMA crossed with 190 SMA briefly, which was a perfect buy signal - after that point the price only went up.

MaciejTrebacz MaciejTrebacz BTCUSD, D, Long ,
BTCUSD: This way is up
172 0 0
BTCUSD, D Long
This way is up

So, we have on daily charts: - a clear double bottom pattern (second bottom is weaker than first one, in terms of volume and length) - RSI downtrend that we had from mid-november last year was finally broken today - MACD crossover and heading up I don't know about you, but I am all long here.

MaciejTrebacz MaciejTrebacz BTCUSD, W, Long ,
BTCUSD: Where we are long term
252 1 1
BTCUSD, W Long
Where we are long term

Looking at the long term picture (last 2 years), you can see the following: - every major peak was 31-34 weeks apart from another one - after a peak, a correction took place. It was 21-26 weeks long - after this correction, upward trend resumed for another 7-12 weeks Right now we're 12 weeks after last major top. This means we still have ~8-10 weeks of downtrend ...

MaciejTrebacz MaciejTrebacz BTCUSD, W, Short ,
BTCUSD: There will be blood
110 1 2
BTCUSD, W Short
There will be blood

Notice the imminent MACD weekly crossover. Also notice that the charts looks *very* similar to last bubble.

MaciejTrebacz MaciejTrebacz BTCUSD, 240, Short ,
BTCUSD: Watch the trend line (medium term)
311 1 1
BTCUSD, 240 Short
Watch the trend line (medium term)

Trendlines are proving to be very efficient in predicting Bitcoin price movements. When they are broken, often a bigger move follows. Right now, the price is (again) touching, and even below the steady uptrend line. If this continues throughout this day, one can expect some big sell offs and shifting to down trend in medium-term.

MaciejTrebacz MaciejTrebacz BTCUSD, 60,
BTCUSD: Watch the trend line
442 2 6
BTCUSD, 60
Watch the trend line

We're coming close the downtrend line again. This is a decision point. Will downward trend be resumed, or are we finally breaking to the up? Next hours will tell. There are some strong up signals (rising RSI), but bouncing off the trend line could invalidate them.

MaciejTrebacz MaciejTrebacz BTCUSD, 120, Long ,
BTCUSD: Breaking 900
251 0 1
BTCUSD, 120 Long
Breaking 900

It is very possible that we will break 900 very soon. It's already 3rd time the price is in this area, and every time it retracts less than previous time. Bitcoin has a good history of these kind of movements, usually 3rd time's a charm :).

MaciejTrebacz MaciejTrebacz BTCUSD, 15, Long ,
BTCUSD: It was just YAC (Yet another correction)
172 1 1
BTCUSD, 15 Long
It was just YAC (Yet another correction)

It seems that a massive $300 downmove was just yet another correction, like the one we've seen before. In percentages, it was a 30% correction. A trendline is forming, which, if not broken, could send the price again in 900's territory. If it's broken two closes well below the trendline, the price could dive down to low 700's.

MaciejTrebacz MaciejTrebacz BTCUSD, 60, Short ,
BTCUSD: Short/mid term reversal
212 0 2
BTCUSD, 60 Short
Short/mid term reversal

Right now the price fell down, exactly as predicted before. The next bigger support is located around $350. Just above that figure should be a nice buying opportunity. Remember though: don't catch falling knives! If it falls below $350, we could have a mid-term reversal.

MaciejTrebacz MaciejTrebacz BTCUSD, 15, Short ,
BTCUSD: Price channel broken. Trend reversal?
247 0 0
BTCUSD, 15 Short
Price channel broken. Trend reversal?

Trade with extreme caution now. Price broke channel which proved to be supporting it several times. 75/25 probability that price will go down from here. Target: $400.

MaciejTrebacz MaciejTrebacz BTCUSD, 60, Long ,
BTCUSD: A minor setback before shooting up?
296 2 3
BTCUSD, 60 Long
A minor setback before shooting up?

We crossed the "magic" $400 figure and even after a small correction price didn't breach that level. An upwards channel was formed on H1 and the price is currently bouncing of the lower bound - a nice buying opportunity. Unless it breaches $395-400, we're short term UP. First target: $465.

Last visit United Kingdom
6763
293
49369
Message Follow Following Unfollow
Last visit WORLD
19364
846
124298
Message Follow Following Unfollow
Last visit
2622
349
11669
Message Follow Following Unfollow
Last visit Maldives
3474
317
25875
Message Follow Following Unfollow
Last visit United States
51
25
267
Message Follow Following Unfollow
Last visit
41
2
151
Message Follow Following Unfollow
Last visit
3
0
15
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
2
0
10
Message Follow Following Unfollow
Last visit
7
7
37
Message Follow Following Unfollow
Last visit
4
0
20
Message Follow Following Unfollow
Last visit
4
0
20
Message Follow Following Unfollow
Last visit
5
0
36
Message Follow Following Unfollow
Last visit Poland
7
1
33
Message Follow Following Unfollow
Last visit
4
0
20
Message Follow Following Unfollow
Last visit
6
0
30
Message Follow Following Unfollow
Last visit
62
0
210
Message Follow Following Unfollow
Last visit
4
0
18
Message Follow Following Unfollow
Last visit
61
87
273
Message Follow Following Unfollow
Last visit
3
1
16
Message Follow Following Unfollow
User follows nobody
User has no following symbols
Market
Browse
Type
Browse
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out