crypto_gunther

crypto_gunther Updated 

In my opinion, Bitcoin is ready for a breakout to the upside! Here's why. On the daily time frame, BTC has formed a bullish pennant, an inverse head and shoulders, and, a golden cross has occurred between the 50 and 200 day volume weighted moving averages. Notice how the blue support has held since $2,918. The price has respected that support four times. A...

crypto_gunther Updated 

Target: 0.00000240 This isn't investment advice.

crypto_gunther Updated 

If the critical support at 251 satoshi is violated then we may see DGB at 72 sats. Observe how the blue line has crossed below the orange on the daily stochastic RSI in the overbought zone. If blue crosses below 80 then expect the price to plummet while the daily stochastic RSI resets. The Bitcoin chart is not looking good after today's activity. The decline...

crypto_gunther Updated 

For obvious reasons, this wouldn't be good for BTC if this idea plays out. Notice the inverse cup and handle pattern which should send the price down. If we break the blue support, which has held since $6,001, then expect a double bottom at $6k. These are my own opinions. This isn't investment advice.

crypto_gunther Updated 

In my opinion, the brutal correction is over! Wave 3 culminated at $19,850. Wave 4 ended at $6,001. The target for wave 5 is the .618 Fibonacci level. This isn't investment advice.

crypto_gunther Updated 

This is not investment advice.

crypto_gunther Updated 

This is not investment advice.

crypto_gunther

Target shown on chart. This isn't investment advice.

crypto_gunther Updated 

This is not investment advice.

crypto_gunther Updated 

This is not investment advice.

crypto_gunther Updated 

Target: 0.00000345 This is not investment advice.

crypto_gunther

This chart displays the following 50 and 200 day moving averages: a. Weighted MA b. Exponential MA c. MA d. Volume Weighted MA e. Smooth MA Observations: I. A death cross has occurred between the weighted moving averages II. A death cross may be on the menu for the remaining moving average pairs since they are converging III. A death cross for the smooth...

crypto_gunther

Posted for observation only.

crypto_gunther Updated 

This idea is valid if and only if Bitcoin 0.36% has completed its correction and these conditions are satisfied: 1. The 50 and 200 day exponential moving averages do not cross bearish 2. Strong buy volume is observed for DGB -1.45% and BTC 0.36% 3. BTC 0.36% and DGB -1.45% break out of their downtrends and show irrefutable signs of recovery 4. The blue...

crypto_gunther Updated 

Posted for observation only.

crypto_gunther

Posted for observation.

crypto_gunther Updated 

Scenario A: The price stays in the ascending wedge and goes on a journey that yields impressive gains. Scenario B: The price violates the blue support by falling to an arbitrary point before venturing on another rally. Scenario C: The price breaks down out of the ascending wedge and plummets to the floor (red support). It seems logical to imagine...

crypto_gunther Updated 

Observe how the 50 and 200 day exponential moving averages are about to cross (green & purple). If this happens, chalk it up as another death cross. The first already occurred between the 50 and 200 day weighted moving averages. These are very bearish signals to pay attention to! Bitcoin is headed to $6,000 which will drive the price of DGB down. Notice the...