TheLongBear

TheLongBear Updated 

BTC MAMA woke up strong last morning and beat the hell out of bears ass. So I slept well tonight. Woke up this morning and found that she is still kicking ass. As I mentioned on the chart I posted a signal previously when the price was dropping below 9000. If you see the 4H chart carefully, the pattern inside the two yellow circle looks very similar. That's how I...

TheLongBear Updated 

That's a big fat ugly flag I drew. It really looks like a flag to me. lol. Chart says it all but I prefer the Kick Ass Zone. (obviously) **This is not a financial advice. Just mere speculation of a crazy guy doodling whatever he wants. :P

TheLongBear Updated 

Bulls pushed it very hard. BTC is looking good. We were waiting for this small pullback. Then we should start climbing up and test the resistance (red ) around 10K. I have drawn how I expect to see it on a 4H chart. Best timing would be when the next stochastic bullish crossing occurs (roughly like the way I drew it). Tradingview play button does not follow the...

TheLongBear Updated 

BTC is looking better than yesterday which was an absolute bloodbath. We need to break the resistance and get back to the Keltner Channel. The DI- (orange) has dropped below 40 now which shows good sign. I still expect to see an uptrend in a day or two. Few more candles around 0.5 Fibonacci line would be good sign as it will break the trend line, but who knows the...

TheLongBear Updated 

BTCUSD 4H Chart Analysis: Price action: Lower Low Stoch : Higher Low ADX: DI- (orange line) has already hit 41. Now, seemed to be heading down which is good for the bulls. So, I expect to see a strong uptrend in a day or two. Trade safe. *** This is not a financial advice.

TheLongBear Updated 

Previously in my BTC post, I predicted that BTC may drop back to the support around 9400 when BTC was 11215. If BTC does not break this support we can expect another run towards 11k and then 13K probably. I would wait for a small pullback towards the support and later see a candle break the recent bull fractal. We should be good to go long then. *** This is not...

TheLongBear Updated 

** Not a financial advice! Use it at your own risk! Some indicators show bullish sign in the 4H chart. The rest of them should follow the same very soon. stop-loss : 100.5

TheLongBear Updated 

BTC got rejected by the resistance at 11667. 4H chart analysis: Stochastic RSI bearish crossover in both 4H and Daily chart ADX and DI heading towards bearish crossover Parabollic SAR detects downtrend Broke bearish fractal level About to break Kijun-sen of Ichimoku

TheLongBear Updated 

Daily Chart Analysis: Bullish Stochastic crossing Support at the ichimoku cloud MACD should start converging. I'm expecting a decent bounce. So.. What does Iggy say about ETC? Mo Bounce... www.youtube.com

TheLongBear

While BTC is doing well ETC downtrend continues against it, after a small bounce. 4H chart analysis: Broke the bear fractal level Red Ichimoku cloud ADX, DI and Stochastic RSI shows a sign of continuing downtrend.