Yolos

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Last visit Joined 2 years ago
Markets Allocation
Top Mentioned Symbols
HUOBI:BTCCNY 30% | 3 BTCUSD 30% | 3 OKCOIN:BTCCNY 20% | 2 LTCCNY 10% | 1
Yolos Yolos BTCCNY, 240, Long , 2 years ago
BTCCNY: January 2015 Bitcoin Prediction
91 0 0
BTCCNY, 240 Long
January 2015 Bitcoin Prediction

The downtrend has been quite strong since breaking down at the 2300 level in December. I believe that we are going to see a correction very soon. In the short term, the market is oversold due to panic and the bitstamp issue. I believe that the market is waiting for the resolution of this issue before rallying. In fact I think that the market will rally on news ...

Yolos Yolos BTCCNY, 480, Long , 2 years ago
BTCCNY: December Bitcoin Prediction
192 0 0
BTCCNY, 480 Long
December Bitcoin Prediction

In November, the bitcoin market had a surge of volatility because of a huge short squeeze that caused the price to go up about 50%. This, along with several other technical signals, suggests to me that bitcoin may be transitioning into an uptrend. Since the lows in the upper 200s in October, we have had a series of higher lows and some higher highs as well. ...

Yolos Yolos BTCCNY, 120, Short , 2 years ago
BTCCNY: Bitcoin Short Term Target at 1920 yuan
104 0 0
BTCCNY, 120 Short
Bitcoin Short Term Target at 1920 yuan

Targeting 1920 yuan in china for the short term. Yesterday's short squeeze was interesting but the price has retraced over 78% already. ABCD continuation and an analysis of short squeezes suggests 1920 is a good target area; I will close my short in that area if I get other technical confirmation.

Yolos Yolos BTCCNY, 30, Short , 2 years ago
BTCCNY: Interesting Idea: hidden bearish wedge (with breakout)
91 1 1
BTCCNY, 30 Short
Interesting Idea: hidden bearish wedge (with breakout)

I think certain technical formations may exist even when price action "hides" them. Here I drew out what I thought a bearish wedge, hidden by a rally that was rejected in nearly equal selloff. My thought is that you can somewhat disregard the rally since it was met with an equal sized selloff, creating a neutral zone of high volatility. Then draw what appears to ...

Yolos Yolos BTCCNY, 240, Short , 2 years ago
BTCCNY: November Bitcoin Prediction 2014
246 6 2
BTCCNY, 240 Short
November Bitcoin Prediction 2014

I think a test of the 2000 level in china is going to happen quite soon. It seems as if the only buying pressure coming off of the last selloff was from short covering, which is not bullish. Natural buying pressure seems low, but this may change at lower prices. Support at 2150 is strong, but may break soon; the next significant support level is around 2000 yuan. ...

Yolos Yolos LTCCNY, D, Short , 2 years ago
LTCCNY: Litecoin Soon to Capitulate
68 0 0
LTCCNY, D Short
Litecoin Soon to Capitulate

The cryptocurrency bear market is soon to accelerate. Litecoin has yet to be affected but soon it too will start the next capitulation drop. My target is 13 yuan. Expect the ltc/btc ratio to drop to 0.005-0.006. Bitcoin will also continue the bear market, following capitulation and panic in altcoins. Look for a big breakout for litecoin after it breaks support ...

Yolos Yolos BTCUSD, 240, Short , 2 years ago
BTCUSD: October Bitcoin Prediction
190 3 0
BTCUSD, 240 Short
October Bitcoin Prediction

This is really the most bearish I have been for bitcoin. I expect to break 380 soon, to test support at 340; some time in October, if not before then. Breaking the strong support at 450 is really the pivotal impetus for an accelerating downtrend. You can see complete rejection of the paypal news event as the price has steadily made a 100% retrace since then. ...

Yolos Yolos BTCUSD, 240, 2 years ago
BTCUSD: My September Bitcoin Prediction
239 3 2
BTCUSD, 240
My September Bitcoin Prediction

BTC volatility will be low for a while. Price will range from 490 to 535 until September. Anticipation of GABI will bring some buying pressure and a bull trap in early September and perhaps the last few days of August. I predict the downtrend will continue and we will test high 400s in mid September, and the market will decide then whether or not we will break ...

Yolos Yolos LTCUSD, 60, Long , 2 years ago
LTCUSD: Litecoin to bottom near $4.5, Rally to $7
83 0 0
LTCUSD, 60 Long
Litecoin to bottom near $4.5, Rally to $7

This is my short term prediction for litecoin. I think the bottom will be found around $4.5 and after some panic selling and capitulation, we will rally to around $7. This is just a prediction for fun and I am not using Strict TA to make these predictions, they are just from past observations I have made. I closed my short and will go long at some point when I ...

Yolos Yolos BTCUSD, D, Short , 2 years ago
BTCUSD: Bearish on Bitcoin in August
311 2 2
BTCUSD, D Short
Bearish on Bitcoin in August

August will be bearish for bitcoin. We will continue the downtrend that started on July 24th for a few weeks. This is based on my hypothesis that the market is heavily overbought and overleveraged mainly due to a credit bubble occuring on bitfinex (which started in May). I think we will see margin calls during this time and even a flash crash. Without any buying ...

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