We are not to forget that we are in a bear market, and that this market should be traded from support to resistance and vice versa, We are anticipating a pull back from the $4K Level. Our stop loss will be right above the previous highs $4,043 -> IF we are able to pull through the levels above there we should expect a $4,500 to $5,000 level targets. Both will...
Bitcoin has showed us low volume break out on the daily. RSI shows this to be a weak bounce it will once again find sellers in this area that will start to take profit once we start pointing down. It seems as thought this may have been a silght short squeeze that started from the $3300 level as the bulls failed to push us below to $3000. That and some well timed...
I'm talking to you gold bug, I'm talking to you shit cannon, and magic energy. These are the people that bought at 16k at 15k at 12k at 10k at 8k at 6k and are telling you to buy now. You dont buy a crashing asset, You wait and you buy back in when the dust settles. This will take time to resolve. Stop wasting your money, Buy and hodl. And stop listening to tv...
We are approaching some critical moments, bitcoin is under a 200MA that it has never been under, and has broken down some boundaries that are just not allowed to be broken in technical analysis and finally finishing the week in red. This is making the bitcoin chart very bearish and the lack of buyers coming in with volume is not helping. We are approaching a...
Please see attached the market targets, I think that the SP500 is well overdue for a pull back.
Quick Chart For Ya - This is the channel that will totally destroy your accounts if you trade it, You need to be very nimble to trade it taking profits quickly. We will then eventually hit the bottom with a capitulating move and then break out of this channel. This is where you will look for confirmations to re-enter, For now I would sit on my hands and wait for...
Market very oversold, sentiment is very low and no volume. Besides all of this we still can experience a reversal potentially setting us up for a further breakdown or breakout, will be able to determine that later.
Great news guys, i'm turning bullish ! After 7 months waiting for us to breka under $6k ITs finally happening! APPX 1-2 Years to ATH again :) This is the most important trend line in all of Crypto. And we just mounted it in the past couple of days. I am very confident in that this trend line will not be breached. We can attempt to pierce through it but the...
Hey guys, Hope everyone is faring well in this market. There are a few reasons why I chart, a big reason is because I want to make money, the second reason is that I want to save you from losing yours. What I've learned in trading over the past 7 years trading both traditional markets and crypto currencies is that you first need to identify what type of market...
We have finally reached my macro target that has been in play for close to a year, Market pullback has finally come to an end.. For now, Bitcoin still needs to pull itself out of this rut and the only way to do this is to start reaching for the highs and starting to make higher high's instead of lower lows. We are experiencing low volume so the market can easily...
1 Year Price Targets Have Been Hit, Congratulations. You will now be able to start building your portfolios back I see neutral and bullish trend and price action ahead. You can scale your orders in on ETH til as low as $115 and hedge against your positions from here on in. Its been a long journey but we finally made it. Congratulations! I have spent the past year...
We are experiencing a compression in market, Low volatility and no clear direction. I am expecting a breakdown or a break out depending on the direction the market springs out. According to the chart we are looking at a 51/49 % based on statistical probability of a breakdown being the 51%. Since this is a longer term decline that has lasted over a year we are in...
Simple Bitcoin Chart. We are approaching a decision area, The market will give us a direction for the next few months and will certainly start getting a bit more volatility which is what us traders need to make money. As a trader you should not care what direction the market goes in, we should always be prepared to enter the best possible trade with the least...
No matter how many bullish or bearish charts, The market will end up making the ultimate decision. SO we must just sit tight and trade the decision once its made. Trading this middle ground will have you in uncertain trades. As traders we are looking for the most probable trade that will give us the best rate of success and my indications show that we have yet to...
Proper Trading Practices should be in play at this moment. We are and have been in a declining market, Now that the moving averages are pulling into the price it tends to squeeze us lower and lower, until we are able to break out. This market will not make it easy for it to recover and start another rally. My next targets on ETH will be under $200 area. Buying can...
Bitcoin has rejected the $6,000 level once again for a temporary bounce targeting the upper resistance line. We have drilled into the lower support line for the third time, meaning that the support becomes less of a support with each attempt. The market dominance has been slowly shifting into Bitcoin which is predictable, the king is asserting its dominance on the...
Welcome to the wounderful world of crap coins, ETH has taken a complete beating with the amount of market dominance that it has shed off. There will certainly be a lot of speculation happening in order to take advantage of the drop. We are expecting these zones to be great places to accumulate ETH for the long term hold
Welcome To The Guide 1 - You Done Goofed 2 - You Done Goofed 5 - You Done Goofed Trading in a market searching for a bottom will usually only cause you to get in too soon. here's a few things that can help you really identify the bottom. 1 - Are you the first jump in the market like one toothed bobby on a ribeye? You probably have not hit the bottom 2 - ...