MedianLineAnalysis

MedianLineAnalysis

This is a reference chart of the longterm perspective for bitcoin that will be used in references for longterm views on bitcoin price to make medium term swing trade decisions. It encompasses the trend from 0.01 to the highs in 2013 and 2018. Even though the earliest price on this chart is 10$ the trend channel takes the first BTC price of 0.01 into consideration...

MedianLineAnalysis

Hello, everyone. I’ve noticed this pattern that I’d like to share with you. But first check out the the bigger picture chart of bitcoin history from 0, to get a sense of scale. This is also an experimental use of Andrews pitchfork, but I think it works quite nice. You can actually see some worrisome aspects in this chart, like the median line sitting ant...

MedianLineAnalysis

Hello everyone, This is a analyisis on how gold broke out from it's downtrend. I'll do a separate idea on what are the potencial targets for gold in the future. But for what I think it would be pretty useful to understand how it was behaving whilst trying to enter the bull market. So firstly in from around 2015 to 2016 gold had a massive rally, but the...

MedianLineAnalysis

Hello, See the oscillations eth is making around it's very shallow almost flat uptrend medianline (Red dashed line) ? Well it seems that ETH next logical target due to the oscillations is around 145. There's also a bad Omen, it failed to reach it's downtrend median line which it reached the prior 2 runs. This is a sign of real weakness. Best case scenario we...

MedianLineAnalysis

Although the drop in price was expected as anticipated in previous trade idea. I didn't think it would fall as fast as it did. Just shows IMHO how the market is being tugged both ways to shake out the weak hands that FOMO in whilst seeing the price rocket. Though I think everyone's getting they're butt hauled in this market. The difference beetween the bigboys is...

MedianLineAnalysis

Refer to chart, pretty self explanatory. Pretty straight on trade, if you use stoplosess. You could either risk 3% with a R/W at 3 to 1 Or 1% with r/w at 10 to 1 Depends on how aggresive you want to be

MedianLineAnalysis

Hello, everyone. Well since, the median has now been reached, that's red dashed line. There's pretty much only 2 ways of what can happen next. Either we now retrace a bit (the green line) in which case we should buy the dip. Or we breakout and have a bit of a runaway move to (the yellow line) we're we could try to sell the high but it's pretty dangerous in this...

MedianLineAnalysis Updated 

Hello everyone, It seems counter intuitive that right before the halving the price may dip. Though the world is as irrational as it's ever been, nothings off the table. The chart explicitly tells us, that the bears are winning at the moment and there aren't many ways of looking at the price action that gives the bulls an advantage. Believe me I've tried. The main...

MedianLineAnalysis

Last idea was about going short ETH. Now we've pretty much reached our target and I remembered this channel that I've used when I was fishing for a bottom in ETH. I actually bought eth then at around 70 euros. But I sold quickly since I didn't believe the bounce as most us here didn't. And watched the price run away. Well now we've got an entry at same exact spot...

MedianLineAnalysis Updated 

Ethereum is following it's downtrend channel very well. And this weekly reversal candle closed below the downtrend median line exactly. So this is a good opportunity for a nice short trade. The odds of a reversal after a test of the median line are very good. For confirmation this weeks candle should close below median line as well.

MedianLineAnalysis

Too bad I missed the exact entry at 1435. But there's plenty of room for gold to drop now up to around 1335. Looking at it from the long term perspective I'd say gold is in a Bear market rally which will take it to 1700 maybe. So for this trade the entry is: 1425 Stop loss: 1439 Take profit: 1355-1335

MedianLineAnalysis

We've just reached the longterm median line on BTC. Highely likely this is going to be it for now. Most of the oscilators are in deeply overbought teritory. Euphoria is plentiful. Everyone again thinks this is going to the moon in a couple a months. But this move seems way to aggresive to be sustainable so buckle up there's gonna be a ride down to reset the...

MedianLineAnalysis

Hello, I've compiled a few charts I've posted in the past year warning about the economic reality of the times we're in now. My predictions we're pretty accurate up to this point, and I see no reason for it to change. Contrary the evidence for an imminent reccesion only keeps piling up. The front end of the yield curve has started to invert with the 2 year...

MedianLineAnalysis

Bitcoin shorts got too excited. Typically it's a good contrarian indicator, it's tell's us that the sentiment is ultra bearish ATM. The only problem is who's going to sell when everyone already sold short on margin. Buying longterm here is a good idea, even though downside is plausible and i'd say still probable (60%). Check out my reasoning in the chart I've...

MedianLineAnalysis Updated 

Refer to chart for trade details

MedianLineAnalysis Updated 

Bitcoin bearmarket is going according to plan. It just got oversold a bit too much right now and will most likely retrace to previous breakdown range of around 5-5k 6k. Other than that check the reffered chart I've posted some time ago. We've now hit 70 percent line, but we've still got room to drop.

MedianLineAnalysis

This chart looks at the trend all the way back from the great depression in 1930's. Now I've put arrows where the resistance and support levels are and marked the RSI divergence similarities between all the recent market topping patterns beginning from 1987 then 2000 then 2008 and now in 2018. The 2000 market topping was extremely prolonged but the divergence is...

MedianLineAnalysis

Oil keeps evading my entries. When in doubt try again.