I posted a similar chart 4/24/2019. I think the H&S is going to form. The price should dip as a result. This isnt financial advice. I just want to see if I can make a decent call for a change. I left some thoughts on the chart. Have a good day everyone! (Keep those stop losses tight)
Happy May to everyone! Im looking at the hourly today for some strange reason. Looks like another infamous "golden cross" occurring today. I am not confident that a golden cross on the hourly holds much meaning, but we will see. Sentiment seems bullish from what I can see on Facebook etc. If you would like to join a great trading community come check out Crypto...
A look at the daily shows another bullish indicator. Will BTC bounce? Only time will tell. The cloud over the weekly is scary. But I am seeing more and more bullish indicators. Im optimistic
Im looking at XRP today because I took a position around 32 - 33 cents and Im hoping for a miracle. Im in no rush to sell and I am patient. But cmon XRP! Do your thing. (Disclaimer: Im not a fan of XRP, Im a fan of accumulating sats)
Check out the charts. Can TRX invalidate this bearish signal? Only time can tell
Here is a look at the daily for ETH 4/29/2019. Im not sure my prediction will come to life, but I want to document my success and failures so everyone can witness. If Im right I learned from my mistakes in the past. If Im wrong I will learn from this mistake! Good luck to everyone!! Anyways I did a podcast Friday evening and if you would like to listen to my yak...
Just having a look at BTC. The Honey Badger has proven it has a mind of its own. If we can continue along the trend lines shown we will see higher highs but one look at the weekly charts will sober you up real fast. The cloud above BTC on the weekly is huge. We may be sideways for months. Anyways I did a podcast yesterday evening and if you would like to listen...
Just taking a look at ADA. Looks like there will be some resistance but there is also support. ADA is a strange coin. I wouldnt be surprised to see it bounce hard or dip to be honest. I personally think we will watch it bounce around between 1200 and 1500 sats for the next few weeks. But then again WTFDIK?
Here are my thoughts on BTC for the next few months. CONSOLIDATION! SIDEWAYS ACTION. That cloud looks very scary! HUGE! I say we stay between 4 and 7k til September. But WTFDIK
Here is a look at the cloud on the weekly chart. This cloud is no joke. We may dance around 4-7k for a while. Im thinking somewhere around September. BUT WTFDIK
I didnt do anything fancy here. Simple trend lines. Which one will BTC follow? I like to document things like this so I can watch and see what happens. My memory is terrible so this helps me.
Had to amend a few things. The Golden cross may just be delayed (as far as a pump) I am a noob so I am watching with great interest! ETH will pump eventually. But just in case, keep those stop losses tight folks~
I took a small position a few weeks ago and I have been patiently awaiting a pump (At this point I would be happen breaking even) Anyways Just wanted to share my thoughts! BTC IS KING
Tell me what you think. H&S? It would need some confirmation candles for me to be sure. Anyways make sure you keep an eye on it folks. Invest at your own risk
Take a look at LTC (In blue) It had a similar C&H pattern which resulted in LTC shooting upwards. Is this what will happen with BTC too now that the C&H is complete? Time will tell. Dont sell your kidney to invest!
Just look at the chart. Last time this happened was October 2015 I am a bit excited to see an event like this because Ive only been doing TA for a bit
October 2015 was the last time we saw this happen. Just look at the price action after the cross
The cross is about to happen. Is this an indication of a bull run? Only time will tell. Im optimistic