PasCrypto

PasCrypto

If something happens, why shouldn't it happen again? If something happens twice, why shouldn't it happen again? Take a look at this... We saw the price moving up at the end of december. It breaks down and created a nice double bottom at the beginning of this year. Then it shoots up and when it reaches all time high, it broke down again. It bounces back up before...

PasCrypto Updated 

I know we have seen some green candles but this won't last for long in my opinion. We'll see 0.54 - 0.55 as highest today. I got out a couple days ago at this price level waiting for the next leg down to re-enter. And be carefull. It can go down a lot! It won't surprise me if we see the same level as where we started at the end of december (0.20). Would be a very...

PasCrypto Updated 

This doesn't look good to me. Something inside me tells me that we didn't saw the bottom yet. BTC isn't able to break resistance at 11800 for the 4th day now. Let's hope that we only got a consolidation period after wich we can go back up but the longer it takes, the more I see BTC going down to the first support. My possible senario when it's on the way to that...

PasCrypto Updated 

I know it's a really short trend, if we can speak of a trend these days. The whole market is in control of "emotional traders" at the moment. At least, that's what I think of it. So it's really hard to find and speak of a trend right now. Too many newbies on the (Bitcoin) market buying high and selling at loss when the price starts to drop a little. Buy in again...

PasCrypto

Just to show you an example of how easy it is to fail with a "Cup & Handle" analysis. I saw a TA a couple days ago that was made with almost the same (too less) data. We can see the shape of the cup being more like a "V" then a "U". We're looking for a U-shape to form the cup. We then need the cup to be formed over a longer period of time. I want it to be at...