Poukitoun

Poukitoun Updated 

Doing some really nice profits so far on this one and even though it looks like it could retrace at any time I will hold it for a few weeks longer before taking some profits. Long term this project has a lot of potential! This inverse head and shoulders looks pretty clean. Good luck! Not trading advice.

Poukitoun

My outlook for Bitcoin for the next two years.

Poukitoun

Bitcoin loves bananas, it is a fact. Joining the bottom of this cycle with the next parabolic top will set the angle of attack for the next ATH. I expect somewhere around 15k-17k. The lower this top, the less inclined the parabolic move will be which could mean I longer and slow rise over the period of 3-4 years.

Poukitoun

Back in the main channel and just under the purple moving average, as soon as we are above that MA and tested it as support it will be a good place to long. Not financial advice :)

Poukitoun

Self explanatory...not trading advice!

Poukitoun

Good place to long here :) Not financial advice!

Poukitoun

Just an idea...

Poukitoun Updated 

Between 2014-2016 Bitcoin crossed the $365 zone four times. We have crossed the 6k area four times now, time for Bitcoin to explore new horizons! Ps: this is no financial advice ;)

Poukitoun Updated 

Just and idea....

Poukitoun Updated 

Just something I have been observing for a while :) We passed the last major resistance in blue and retested it and now could easily go to 15500 before that next major resistance. I will put another few things I see on the short term too.

Poukitoun Updated 

I would say 95% of people see BTC doing a pullback to 3k or 4k range in the coming weeks. I think BTC has some surprises for us! After analysing the price action and fractals of XRP, I have discovered interesting similitudes. This makes me believe we could see very bullish price action in the coming weeks where BTC could go as high as 8k. Time will tell :)

Poukitoun Updated 

I think the graph speaks for itself. In terms of XRPBTC pair, I see further down movement in the coming weeks. My next research will be about how this relates to BTC price action against USD.

Poukitoun Updated 

Potential H&S with target around $0.2

Poukitoun Updated 

ADA needs a pullback, maybe Bitcoin falling to $3700 range will drag ADA down. Will take small profits in the coming days, I think it needs to test that red trend line first :)

Poukitoun Updated 

My entry ;)

Poukitoun Updated 

At the moment I'm using moving averages 20-50-200 and Elder's Force Index ( EFI ) and that is working really well for me in Bitcoin and other alts so I thought I would share my observations. The 20 Weekly Moving average As you may notice, the 20WMA is quite significant, during the previous bull market it acted as a significant support and has been the main...

Poukitoun

This is how I see Bitcoin evolving in the next few months. This analysis is purely based on similarities with the 2014-2015 bear market. I remember back in June 2018 I saw in a crypto conference a woman (sorry forgot her name) at the head of a managing fund firm mentioning that 6k was unlikely the bottom and that Wall Street would push the price down to 3k to...

Poukitoun Updated 

Possible scenario in the next coming hours, if you are looking for an entry position don't be greedy. If you are chasing lower targets at least spread your entries in quarters. Good Luck :) This is educational only, I'm not an expert at all.