RSibayan

RSibayan Updated 

$9K sits at the 61.8 Golden Ration Level ($9019) This a trade idea. *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. Remember to always, always place your stop loss at the...

RSibayan Updated 

Bitcoin Ascending Triangle And Bullish Divergence Target: $9K Falling Wedge Breakout: *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. Remember to always, always place...

RSibayan Updated 

If we ever drop down, I'm looking at $8250, an area of numerous support and resistance trading activities, where price may find support. Stoch RSI Strength continues to weaken. *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for...

RSibayan Updated 

The dip in price last night has now formed an Ascending Broadening Wedge (Bullish Bias). Bulls lost the short term battle with the bears when it broke through the support line (yellow broken trend line) it held yesterday. Bulls still have a chance to redeem themselves if they wish to push the price up, well, they have to show up to the party first. If no Bulls...

RSibayan Updated 

Circled Area Must Hold. Breaking The Support Lines (Purple Ascending Trend Line & White Horizontal Ray Line) Will Give The BEARISH Descending Triangle A Chance To Form. *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of...

RSibayan Updated 

Short Term: Breaking through the resistances of the Pennant and the Ascending Triangle will practically be the green light for Bitcoin to reach $10K and potentially $10.5K, thus fulfilling the Adam & Eve Chart Pattern. *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk. Only trade the breakouts to be...

RSibayan Updated 

This is an update to my previous post on the Adam & Eve Trade Idea. Here, Bitcoin's Adam & Eve has a $9.9K Immediate Target if this pattern plays out. The neckline is currently serving as resistance here on this chart. Bitcoin has to breakout of the neckline and push further up. If this pattern fails, look to this chart for the Descending Triangle. ***...

RSibayan Updated 

Heres a very familiar Descending Triangle where Bitcoins has been through during the first massive pumps that brought the price to the ATH in December and this recent $13K-$14K pump. Both events eventually led to a Descending Triangle pattern which broke bearish as soon as it reached almost the end of the triangle. The bearish divergences on the RSI has yet to be...

RSibayan Updated 

Bitcoin - Adam & Eve Trade Idea *** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.

RSibayan Updated 

Folks, Bitcoin has yet to fulfill those RSI Bearish Divergences on this chart. This snapshot is a reminder that these RSI Bearish Divergences have to be fulfilled no matter what. In any case, when price breaks out to the upside, entering at $9500 (moderately conservative entry) would mean passing majority of the resistances met previously during late...

RSibayan Updated 

Stoch RSI strength is getting stronger!

RSibayan Updated 

Bitcoin Bearish Divergence Has Yet To Be Fulfilled, This Descending Triangle is itching to break to the downside. Watch the Bart Move! Downside Breakout Target: $8062 @ the 0.236 Fib Level. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. Remember to always, always place your...

RSibayan Updated 

Bitcoin - Watch Out For The Famous Bart Move The big move is right around the corner. This is Bitcoin!!! This may breakout to the upside or downside. Price may even choose to go sideways. Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. Remember to always, always place your...

RSibayan Updated 

Bitcoin Bullish Tweezers and Double Bottoms

RSibayan Updated 

Hi guys, This chart now has a Bullish Pennant. A potential hidden bullish divergence may even play out. Stoch RSI is way on the bottom seabed level. Upside breakout target: $12,450 Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. Remember to always, always place your stop loss...

RSibayan Updated 

Ethereum Could Be Playing A DOUBLE Bullish Double Bottoms Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades. >>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement...

RSibayan Updated 

Hello Traders, Great end of the week we had, and greater week ahead of us. On this chart, we now have a rising wedge, a bearish divergence, and a potential cup and handle pattern forming. Downside Breakout Target: 1. Golden 618 Ratio Fib Level @ $9479 2. 0.5 Fib @ $9371 3. 0.382 Fib @ $9264 4. 0.236 Fib @ $9131 Upside Target: $10,544 Only trade the...

RSibayan Updated 

Bulls have had their share of fun, now it's the bears' time to party! Price is currently forming a Bear Flag and RSI has a Bearish Divergence. Strong bearish signal for the short term. Downside Target: $7.8K Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade. FU Moves are common in...