Sofsayen

Sofsayen Updated 

Alright guys. Last time my prediction completely failed. But thats part of trading and technical analysis. Now I see that whats happening looks very similar to the price action we saw in may of the previous year. Im Bullish on BTC not only because of the setup you see above. But because of alot of factors, like the global economic situation. BTC is a good store of...

Sofsayen Updated 

Ready for the last pump? If my idea is correct, this can overshoot to atleast 150k before it finally corrects harshly to enter the bear cycle. Lets see how it goes. BIG TRADE

Sofsayen Updated 

If we break this trendline we go way up! 46k is the first target. this is a massive trendline and we could aswell be rejected. It might be a good idea to enter a long position after we are above the last high at 43 and get atleast a 1h close above it. lets go to the moon... or not? ;) *Trade at your own risk ! This is not financial advice !

Sofsayen

Hello my dear friends, Bitcoin has managed to stay on trend. After a healthy correction we are now ready to resume the bullrun. We are witnessing alot of buying power and bullish momentum will be picking up shortly. The hidden divergence on the daily suggests a trend continuation and the end of this correction/start of wave 5. And I do not see anything that speaks...

Sofsayen Updated 

We have a C&H Pattern on BTC. Lets see if this formation can take us above the ATH.

Sofsayen Updated 

As the title says, I am very bullish and waiting for this move. Rsi, the bigger picture and all the other timeframes are looking good too! Nonetheless we need to put a stoploss as you never know for 100% if the breakout of those triangles is going to be to the upside. This is a low risk trade with high returns *Trade at your own risk ! This is not financial advice !

Sofsayen Updated 

Helllloo! After almost 2 years of Bearmarket, it seems we are witnessing a trend reversal! I am going for the trades, that I have marked on this chart. I would say we have to wait and see where today's candle is going to close. Over 4500 should confirm the trend reversal! Who knows where its going to take us :) Also a very good sign, is the high volume we started...

Sofsayen

It seems like we are in a huge squeeze here ! This could be either a damn good buying opportunity or the last chance to sell/short ! +We need to break the resistance at 7000ish and we could possibly see a rally (hopefully). -the support though isnt far away, so if we break below the support significantly, that wouldn't be a good sign. #So my advice to you right...

Sofsayen Updated 

Around 6500$ could be a good entry! we should be looking up from there - 5300$ would be stop loss , and a definitiv trend reversal to bearish ! lets hope for the best !!! *Trade at your own risk ! This is not financial advice !

Sofsayen Updated 

Chart speaks for itself ! *Trade at your own risk ! This is not financial advice !

Sofsayen Updated 

chart speaks for itself Entry 1 is above the circeled line ! Stoploss below the main trendline ! Target 1 and entry 1 may change a little bit but they will be in the triangle ! *Trade at your own risk ! This is not financial advice !

Sofsayen

Could breakout from here ! watch next hours !

Sofsayen Updated 

If it brakes below 2.7 significantly it looks like a longer downtrend ! Watch for bounces with volume in the critical zone when we reach our last resistance at ath watch for doubletop !

Sofsayen Updated 

I have alot of people asking me right now , if Bitcoin is a bubble and if this might be the beginning of the end ? Honestly , if you look at the history of bitcoin ! you see how many times people assumed that it will soon be over ! -mt gox -short crypto winter late this summer -china ban -JP Morgan fraud -"bch will take btc over" On all these ocassions i have had...

Sofsayen Updated 

Has been a strong correction for all cryptos ! Looks like a double bottom though I think Iota will not likely go up if bitcoin continues going down ! *Trade at your own risk ! This is not financial advice !

Sofsayen Updated 

I think we might see A , we still have the momentum and a good trading volume ! *Trade at your own risk ! This is not financial advice !

Sofsayen Updated 

Not much risk in this trade ! Trendline has been held nicely ! Buy on entry 1 sell on target 1 . Then buy entry 2 and sell target 2 Not much more to say *Trade at your own risk ! This is not financial advice !

Sofsayen Updated 

It looks like we are going up ! Note: Every Support below the support above it, acts as a stop loss ( place it lower than support and give it some space, because it will likely bounce from there !) logix also if we break significantly below the main trendline , it looks rather bearish ! -S3 is not a good entry point ! Its a major support , and if we get down there...