About meCurrently Student Small Business and Retail Management at Hanze University Groningen. I am also in my spare time trying to orient towards potential opportunities in the enterprise market and maintain my passion for Bitcoin.
BTC, is a complete reconstruction of the global monetary system built by private individuals and controllable by no government or corporation but by the objective laws of mathematics. Can there be a project anywhere in the world more exciting than this?!
Today i've been trying something new! Like everyone knows already i'm expecting an rally within now and a month. To confirm this idea i'm looking all the time for new ideas and strategics to confirm my way of thinking. This time i've been using the gann fan and it looks really beautiful dot you think?
The gann fan is a form of technical analysis...
Hey guys :)
As I promised yesterday here is my long awaited chart with description. The trend lines that I drew in this chart are very important resistance/support lines. For the people who told my I'm a bit to positive this is just another way to confirm my chart a posted yesterday.
So lets start with the RSI. We've noticed in the last chart that the RSI...
While it feels like were moving in the wrong direction I still see a potential growth long term. The red trend lines I drew are very important resistance lines. We all noticed that the bubble in the beginning of 2013 follows almost the same patter as the bubble from October of 2013. Of course this could be a coincidence but I thought that today...
While the H&S pattern is still forming and didn't failed yet I saw another pattern appearing this morning. In my opinion it's a very big bullish flag that's waiting for a breakout soon. The last leg up is on the run to touch the top for the fourth time.
If it breaks the target wil be around 3500 at least! I could go further but we have to wait and see...
Just spotted this head and shoulders formation on stamp. This is the inverted version of a normal head and shoulders. The inverted head and shoulders is typically seen in downtrends. The inverted left shoulder should be accompanied by an increase in volume. This is what we saw around the 18th of august. The inverted head should be made on lighter...
Here is another chart with my view on whats coming in the next couple of weeks.
In my opinion the next target would be 450 USD.
And If you like my chart don't forget to like :)
Have a good day!
It happend a little faster than I thought it would :)
We'll go back to 492,...
Hello everyone! :)
Bitcoin is still bearish and a big breakout downwards is coming (If this pattern finished). This is something that you can expect when a (upside down) cup and handle forms on the chart. In most cases bears will take control after the formation of the handle thats formed upside down. Than the price will go down after the handle resistance...
Just wanted to share this chart and target with you :)
I think that there is no description needed, but if you need one don't doubt to ask !
Target: 517-502= 15
See you @ 535/540
Have a good day!
During the last weeks Bitcoin formed a big pennant from the beginning of June until now.
After two weeks of large movement (20 may until 3 Juni) followed by a consolidation period of four months we note converging trend lines. The pennant that's formed is often followed by a breakout movement in the same direction as the initial large movement. It's the second...
Better sooner than later!
BTC showed us again a head and shouder formation!
This will take us back to at least 3615 because there we have strong reactance from the last weeks.
It's time to go short to for a few hours and wacht carefully if we break 3615.
If that happen the target at least 3600 or maybe even lower.
Our target is calculated just like the cup and...
So, while everyone is concerned to go back to 540 or maybe even lower. I still think we will get back to at least 600 USD. BTC just broke out upwards after making a Bullish Pennant. This pattern is effectively a pause in an uptrend. The price has moved ahead of itself with a steep rise; therefore market activity takes a break before continuing the uptrend. This...
I was just watching Huobi today when I spotted this beautiful head and shoulder pattern! When the neckline was broken, my buy signals went of finally.
Our target is calculated just like the cup and handle pattern. Measure the distance between the head and the neckline, and that is approximately the distance that the price will move after it breaks the...
As I promised here is my description !
While everyone is complaining about the decease of the last two weeks, I see a potential growth between now and the 18th of august!
In my opinion Bitcoin is making a tripple bottom.
There is to much support and good news to go a leg lower. If the confirmation line breaks around 610 we can calculate the new resistance...
As I promised here is my description.
While everyone is complaining about the broken trend line, I still see a potential growth. The red trend line is broken but in my opinion it don't have to be a bad signal if the past repeats. The bubble in the beginning of 2013 follows almost the same patter as the bubble from October of 2013. In September of 2013 the red...
There are lots of speculations about the potential price of BTC after the decrease in the last few days.
In my opinion Bitcoin is still bullish and it's waiting for a big rally to come. I think for now Bitcoin is still testing the 600/590 level.
(If it breaks we will go down to around 560 USD.)
My opinion is that the reactance is to strong to go down any lower...
Despite the regulations in New York the prospects for Bitcoin on the long-term are still good. Bitcoin is still bullish and a big breakout is coming. This is something that you can expect when a cup and handle forms on the chart. In most cases bulls will take control after the formation of the handle. Than the price will go up after the handle resistance breakout....