Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Alright Cardano, I'll give you some love again. We've already discussed the first impulsive move and now we're looking at some sideways movement. I see this presently as distribution and not bullish enough to take any additional...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Here's a quick idea on EOS. There's a decent chance EOS isn't done retracing. I think if we pullback to the 61.8 retracement, we'll see a bigger move up. Here's a few key areas to watch for: 1. 61.8 retrace is about 7900. I'd be...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. We are in the best of both worlds right now. We're definitely nearing a decision making point. Let's get right to it. First off, I'm of the opinion we're still in an ABCDE wedge and the last jump to 4190 was us putting in the C...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I don't typically keep an eye on WAN but I was alerted to it by a fellow friend of mine (Thanks Byz) and saw enough important points here I felt like I had to post my thoughts on it. First lets pay attention to the orange...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. There are two charts posted above so I apologize for the confusion this may cause. I'll post each individual chart below for easier viewing. There are a few things I want to point out on this chart. 1. We're looking at the daily...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. About 2 or 3 weeks ago I shared an idea that HOT was going to correct down to 24 satoshis and at the time it was at 33 on a retrace. At the time I said there was more upside to the corrective move (and there was) but since then...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Oh boy where do I start here. This chart looks so good I don't know what to do with myself. Here are the key points from the chart: 1. Volume based resistance levels. Based on volume patterns, especially around November 12th, we...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. If you've been following me for more than a couple days, or if you're part of our little group of collaborators, you know that I've been following and aggressively trading GE since about the time it bottomed in late 2018. GE...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Litecoin has a nice run... I mean, this went over 100% from the lows thanks to BTC going on a run as well. Not much to see here other than clear divergence on numerous fronts: Higher high on price, lower high on oscillators and...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I'm going to start by saying nobody has a magic crystal ball and nobody knows what will happen next. I'm looking at this assuming we're in a wedge and we're going to break down. It's pretty clear the channels we've been...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. As we've been saying for well over a week now, we're trading the breakout of this on the news. There was a lot of overhead resistance just shy of 200 and we've broken through that. I do expect there to be some bouncing here but I...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. MFT had a good rise and fall and we are about to retest this. Retesting support is an important part of a market cycle and we're getting close. There's a chance that we will drop a little more so there's plenty of time to get a...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Not to state the obvious here but we've just had a major breakout of our prior trend. Sure, we have not created a higher high yet but what I will say is we've broken a trendline that has been holding since late November. Daily...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I've been saying the same thing for about 2 weeks. Trade the breakout and this is getting close enough where the breakout is getting near. Several technicals to explain here: 1. 50/200 Daily Moving average is very close to...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Not a whole lot to update here except we're still looking to be inside our channel. Short trade is still active but there is one thing I want to point out which will happen in the next day or two. Likely tomorrow. 25/100...
There aren't really any investment tips here but I'll be focusing mostly on the current look at the market structure. Here's basically what I'm seeing right now. 1. Moving averages (4H timeframe) We're looking at the 25/50/100/200 moving averages and they're all bullish right now and they have been for a few days now. Natrurally after a $300 candle things are...
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. It's been a few days since I've taken a good look at this. It's not because I am not interested but it's because we're consolidating. It's not as easy to see on the daily chart but I've chosen to use this so I can show the whole...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Oh BitTorrent.... You want to be bullish so badly. It's been a good run, but wait, are you actually trying to head back to .00125? Higher? Let's look under the covers here. What I can say is we're seeing some bullish divergence...