RookieXBT

RookieXBT

This chart contains candles with no wicks. If we close the week like this, I believe we set out first higher high on the weekly. Time will tell Stay safe, trade safe.

RookieXBT

I believe ETH will have a run to remember to end the year. I've started putting profits into it around these prices.

RookieXBT

Bitcoin looks great on LTF, and may work to create more of a bullish argument on higher timeframes. I like the way it's looking as it's consolidating near highs. Would ideally like for it to breakout soon to 1) $8800 and then maybe 2) $9800 Keeping an eye out, and expect ETH to follow

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I believe the bottom is in, and there is a ton of confluence to support that. The halvening is closer than many people think. It's mere months away. IT IS NOT PRICED IN! I believe a breakout of this falling wedge/channel structure will cause never before seen FOMO, as people realize how the halvening fundamentally changes things. This realization will be...

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BTCUSD is painting the mother of all descending wedges, look for a break upwards. If we somehow manage to break downwards... expect new lows. Trade safe :)

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BTCUSD looks like it'll soon follow ETH in its bullish moving ways. ETH has broken out of an ascending triangle, after being bullish at resistance. BTC is painting a similar picture, and I fully expect it to do the same. The targets are highlighted above. We're looking good so far. Ultimate Target = $5500

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This is what I expect BTCUSD to do to start the New Year off We are still quite oversold on macro timeframes, and this Inverse H/S everyone is watching is painting out like a work of art. This is what I expect to happen. In the event the price breaks through the neckline (~$4300), long the bullish retest and enjoy the gains up to $5500! Happy New Years!

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This past week offered a great opportunity to short the stock market on this bearish retest of what was support now turned resistance. We're in a macro bear territory, and officially in a bear market for all indices in the US markets. My personal target is 18,000 in Fall of 2019. Above is a prediction of the price action, but the general idea is that we go...

RookieXBT

This is a smaller time frame bullish continuation pattern that seems to be playing out. Look for a touch of $4200+ This recent move is extremely bullish. The macro inverse h/s is surely playing out with a bigger target of ($5500). Keeping things simple. Stay safe.

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BTCUSD painting a very clear Inverse H & S pattern, on a fairly large time frame. A bull's dream in the making. All eyes on this, to see if it plays out, we're 75% through forming this right shoulder A target of $5500 in sight if this works out. Keepin' things simple Trade Safe, Happy Holidays!

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BTCUSD looking great as it is consolidating here, looking to play it LONG into the New Year. $4.5-4.7k target Keep it simple.

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BTCUSD is working on a H & S pattern of sorts. I'm net short as of now, expecting a breakdown into the block i've highlighted. It's about time the indicators cool off slightly

RookieXBT

BTCUSD has been grinding away this past week, but good things must come to an end for the time being. Looking at a rising wedge that is getting tested as support repeatedly, expect it to break down shortly and target the $3550 - $3650 range. The range highlighted would be ideal long opportunity (BTFD). Keeping things simple

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15min time frame showing a Bull Pennant for BTCUSD, indicators have cooled off since yesterdays run up

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Bitcoin Bullish Scenario 1) Bull Div on RSI 2) Bull Div on Stoch RSI 3) Bull Div on Volume 4) Descending WEDGE

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Bullish Scenario 1) Bull Div on RSI 2) Bull Div on Stoch RSI + Crossing Over 3) Bull Div on Volume 4) ASCENDING WEDGE ---------------------------------