TravisSavo

Message Follow Following Unfollow
Joined
Markets Allocation
Top Mentioned Symbols
BITFINEX:BTCUSD 50% | 3 COINBASE:BTCUSD 33% | 2 BTCUSD1W 16% | 1
TravisSavo TravisSavo BTCUSD, 45, Short ,
BTCUSD: It's decision time for this movement.
94 0 6
BTCUSD, 45 Short
It's decision time for this movement.

We are starting to see breaks below the trend line, signaling a reversal of trend. It either has to go above the lower trend line, or enter a new pathway that won't be upward based. With the closing of futures, and the arbitrage still being wide, I'm expecting a collapse here in the next few days.

TravisSavo TravisSavo BTCUSD, 45, Short ,
BTCUSD: The slow breakdown
69 0 6
BTCUSD, 45 Short
The slow breakdown

We're still seeing a slight upward trend, but it's following a massive breakdown, and it's on low momentum with resistance lines on the 1400 holding the index fast below. I'm still expecting another 250 dollar loss before it can gain traction again upward.

TravisSavo TravisSavo BTCUSD1W, 120, Short ,
BTCUSD1W: The bear opens it's mouth...
27 0 5
BTCUSD1W, 120 Short
The bear opens it's mouth...

Bitcoin is hours away from the futures closing. As you can see from the chart, the arbitrage has gone wildly out of control and the dynamic range on the index has tripled. This is a bull trap if I ever saw it. When futures close, this is going to come crashing down.

TravisSavo TravisSavo BTCUSD, 45, Short ,
BTCUSD: It's decision time!
53 0 2
BTCUSD, 45 Short
It's decision time!

We had a trend reversal and consolidation against that lowering trend. Now it's time for the rubber to meet the road. Looks like we're headed down....

TravisSavo TravisSavo BTCUSD, 60, Short ,
BTCUSD: Arbitrage signals bear breakout on BTC/USD
30 0 0
BTCUSD, 60 Short
Arbitrage signals bear breakout on BTC/USD

We're seeing a pull down from BTC-e against the other major exchanges, signaling an eminent breakout below the current support. Expect a return to 230.

TravisSavo TravisSavo BTCUSD, 30, Short ,
BTCUSD: Mini H&S formed on BTC/USD, return to 235 soon.
45 1 3
BTCUSD, 30 Short
Mini H&S formed on BTC/USD, return to 235 soon.

We've seen the market test 232 twice recently and not been able to get below it, but now we're seeing this downtrend continue while 2 indicators that are time cycle correlated signal a strong overbought. A return to 235 is almost certain.

Last visit
2
1
10
Message Follow Following Unfollow
Last visit
14
0
60
Message Follow Following Unfollow
Last visit
17
0
78
Message Follow Following Unfollow
Last visit
104
5
370
Message Follow Following Unfollow
Last visit Jerusalem
22
2
119
Message Follow Following Unfollow
User follows nobody
User has no following symbols
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out