astronautdotgg

astronautdotgg Updated 

Bitcoin is moving, fantastic! I've been a bit busy because of school, but the past week has had some interesting turns in the crypto world. First of all, we have seen explosions across the market as alts are following Bitcoin's recent movements. This is one of the reasons ETH/USD has been making some moves, let's hope Bitcoin can keep this up! Additionally, a few...

astronautdotgg

BNB is approaching ATH resistance at 0.00285sats with bullish divergence forming on all timeframes. There's a strong chance ATH resistance is broken and price levels shoot up to 0.00350sats+ within a short time span. Equally, considering we're still in very temperamental market conditions price action could reject overhead resistance and begin another descent...

astronautdotgg

We are nearing the end of a small wedge spanning over the past few days. There has been a major crash under support, followed by an incredible recovery and attempted breakout above resistance. Right now Bitcoin is moving upwards in the wedge, with an increasing RSI and bollinger bands are getting tight and oscillators flipping positive. Right now this is looking...

astronautdotgg

Period of consolidation highlighted by the orange box with of range of $3700 - $3500 will most likely break as we transition into next week. I expect either break to the upside or downside will result in a sharp move of at least $400, factoring in the previous 12.5% dump on the 9th of Jan and 4h RSI recently turning oversold. I am inclined to be bearish here,...

astronautdotgg

BTC has seen a 12.5% move down over the last 4 days ranging from $4000, to $3600. RSI entered oversold region on the 9th of Jan and a small bear flag looks to be forming on the 4hour. I expect we'll seen another leg down to new yearly lows around $2800 over the coming weeks, I will be staggering my long entries within the green boxes. If we see momentum switch...

astronautdotgg

Short and sweet green candle has taken Bitcoin up from $3800 to $4050 this Sunday afternoon. 200EMA on the 4hour was broken to the upside in this move, and POC resting around $3800 acting as solid support for now. Since the market sentiment is still very much bearish I will still be looking to short in my red zone ($4100 - $4350) as we lead into another Monday....

astronautdotgg

Sorry, I've been a bit less active recently, I had a wedding to attend and have been out of the country celebrating New Years. I hope everyone has had an incredible holiday and cheers to crypto in 2019! Right now Bitcoin is making a major decision. After breaking out of a recent falling wedge and scoring a nice pump, Bitcoin once again faces the major $4,000...

astronautdotgg

Over the last 3days, price levels have pulled back from the height of the most recent run-up from $3100 to $4100 throughout the beginning of December. You can see the moving averages on my technical analysis have all crossed down the potential bear flag highlighted by the purple box paint a bearish picture as we lead into the new year of 2019. Key support areas...

astronautdotgg Updated 

Bitcoin today reached a high of right around $3930, a weekly level going back to the original bull run. Since then, we've done nothing but dump all day, reaching lows of $3660 as of the writing of this Idea. Closed this nasty inverted hammer/gravestone doji on the daily and we closed below the POC of this current move from $6k. We're looking pretty bearish from...

astronautdotgg

ETH/USD broke down from this bearish pennant / asymmetrical triangle earlier today and looks poised for another 10% + drop. I anticipate ETH will make new yearly lows over the coming days, and as we approach the new year. I'm currently in a leveraged short position on ETH that I'm gradually taking profit on as price continues to drop further and further,...

astronautdotgg

ETH/USD broke down from this bearish pennant / asymmetrical triangle earlier today and looks poised for another 10% + drop. I anticipate ETH will make new yearly lows over the coming days, and as we approach the new year. I'm currently in a leveraged short position on ETH that I'm gradually taking profit on as price continues to drop further and further,...

astronautdotgg

Happy Monday guys! Bitcoin has been gradually increasing over the weekend which is very nice to see. Currently waiting to see if another dump will occur as it's Monday, which should lead into my downwards momentum further into this week. I'm looking for a drop to around $3200, or $2750 within the channel on my technical analysis. if and when Bitcoins decides to...

astronautdotgg

BTC is currently trading with a descending channel that appears to be forming into a falling wedge . I will be looking to enter within the green accumulation zones on my chart with close stop losses indicated with the red lines. Stopping out so close to our entries allows us to re-buy lower essentially reducing risk and maximizing reward. You can see the two...

astronautdotgg

BTC is currently trading with a descending channel that appears to be forming into a falling wedge. I will be looking to enter within the green accumulation zones on my chart with close stop losses indicated with the red lines. Stopping out so close to our entries allows us to re-buy lower essentially reducing risk and maximizing reward. You can see the two...

astronautdotgg Updated 

Stellar (XLM/BTC) is looking incredible right now for the month of December due to both TA and FA. Let's start with the TA first. Technical Analysis (1D Timeframe): XLM/BTC has been holding a rising channel since September and looks like it is starting to bounce off of support at 3,600ish sats. Not only that, but RSI has reversed direction and there is a lot more...

astronautdotgg Updated 

BTC has increased from $3500 to $4300 over the last week following on from the market crash we saw just the week before. I'm anticipating more downwards momentum as we transition into a new week, typically BTC dumps on Mondays and I have no reason to believe this Monday will be any different. All of my moving averages are resting on Bitcoins current market...

astronautdotgg

BTC has increased from $3500 to $4300 over the last week following on from the market crash we saw just the week before. I'm anticipating more downwards momentum as we transition into a new week, typically BTC dumps on Mondays and I have no reason to believe this Monday will be any different. All of my moving averages are resting on Bitcoins current market price...

astronautdotgg Updated 

So, something that's starting to take shape here on the 4H chart is this brutal rising wedge right now. I'm not saying I'd be short from here as if this is a rising wedge, we're likely going to rise once more before we fall. So I'd be looking to short right now at around $4550. It's a good level up there, strong resistance from the last bear flag and would be a...