A question that often comes up in private: why Cryptor07 you publish essentially the analysis of long-term trend, don't you do daytrade? So, if I regularly take trades on small unit time, but it would be tedious to publish (I will have 1000 "ideas" published instead of 100). But I still work on two plans: no daytrade without a view, a strategy of the longer term...
As a comment of my previous idea published this morning, I wisely pointed out that the neck line of my H&S is more logically on the psychological $7000 So here is my modified chart, which makes my target even more bearish: A FIRST LEVEL AT $6000 THEN A SECOND SUB-$5000... which is much more consistent with my previous analysis elsewhere! (see Related Ideas...
I am considering a possible Head & Shoulders (in gold on my chart) This H&S could then be the head of an extended H&S (in red on my chart) This would result in a possible pullback under its support becoming resistance Then, direct consequence of these reversal patterns that are H&S : a bearish retracement of height similar to the height of the H&S Note that...
The first part of my scenario link below had an Ascending Triangle (in white) and its Pullback (in yellow) (RSI 14 oversold) with a bullish target @ $ 9400 early June. After that, I consider a bearish reversal at $ 9400 (RSI 14 overbought) with the formation of a taller Rising Wedge (in red) and its bearish target @ $ 6900. DISCLAIMER: This is not an investment...
XRP seems to be out of its Bear cycle and entered directly into a new Bull cycle on May 10, 2019, freeing itself from its historical bearish trendline (in red) Since then, XRP seems to construct an ascending triangle with a bullish vocation. The bullish target of this triangle calculated on its height, can be validated only if Bitcoin pump or stagnates current...
From a purely chartist point of view, we are apparently on ETH in the presence of a pullback with rebound on the old resistance of the isosceles triangle became support, a bullish target short term interesting. From an indicator point of view, the RSI 14 has fallen to an interesting value, similar to those that gave the two previous "pump". DISCLAIMER: This is...
From a purely chartist point of view and short-term target, we are apparently in the (very common) case of an ascending triangle exit with pullback in support of the old resistance line. The target is calculated on this new support by postponing the height of the triangle, an upward target at $ 9400 for early June 2019. From an indicator point of view, the RSI...
December 19, 2018, cf my Related Idea, I gave you the starting point of this new Bull market thanks (in particular) the RSI 14 oversold. It was then the first time he was (briefly) ironed under the 30 as a certain January 10, 2015. The 01/10/2015 was the departure of the previous Bull market: Bitcoin operates by cycles linked in particular to the anticipations of...
My scenario in force for more than 6 months (see Related Idea for example) had given the dip of December 15 to $ 3150, signing the end of the 2018 bearish retracement. However, this same scenario saw in the immediate future a pump only up to $ 6500... however, we exceeded $ 8000 Why my scenario could not predict such amplitude / volatility ? Simply because the...
First Target = 7500~7800 $ Second Target = 8500 $ (old support become resistance) Third Target = 6800 $
For Ethereum, an ascending wedge that shows a long-term Bull trend, but at the price of a sub-$ 100 mid-July 2019 correction ... prophecy or mirage? Anyway, for the days to come: I see a momentum halted net to max $ 200 with a bearish output of this wedge pattern at least equal to its internal amplitude. DISCLAIMER: This is not an investment advice.
Simple and effective: the bearish output of the descending triangle with a target calculated on its internal amplitude. (in related idea below: an example of a similar trade validated this morning)
One fork of Bitcoin Cash (yes, the fork of the bitcoin fork...), named - pompously? - Bitcoin Satoshi Vision, is more than ever in a bad position. After having benefited from a breakout bullish out of his Falling Wedge as I show on my chart, the party seems to be over! BSV has just been delisted by one of the heavyweights of exchange platforms, namely...
Simple and effective: the bearish output of the descending triangle with target calculated on its internal amplitude.
My previous publications provide for 6 months a Bull Trap close to ~ $ 6k The situation of RSI 14 similar to that of the 2015 Bull Trap post-Downtrend seems to be an additional indicator that this risk is imminent Some reminders: I recall that the bullish influence at the output of the symmetrical triangle (see my previous publications) is technically...
I showed you recently how to trade the breakout bullets of Falling Wedges on XLM, which has chained several in 2018 and 2019: see related idea below. To better identify these Falling Wedge produced over a long time, we must go to logarithmic scale. So, on my present tracing, you can see that of XRP in 2018 (including a smaller internal Falling Wedge in white...
My scenario will celebrate the day after tomorrow its 6 months of existence. It has been the subject of 16 publications, all of which have been verified to date. To believe today that we have already entered a real bullrun would be to deny my scenario and these 16 "ideas" published (*). (*) To be exact, there are 32 publications, because for each idea published...
There is an impressive correlation between Bitcoin's price and the futures markets created on it by the two well-known financial juggernauts: the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE). As I already mentioned on one of my first publications of 2018, the start of the futures contracts (CBOE on 12-10-2017 and CME on...