cryptobing01

cryptobing01

The correction is a messy one but i think we are in the process of finishing a B wave to the down side which will be complete between the $6800-$7000 range. The best count I can deduce is the sub waves (of the larger B wave) dividing into a WXY patter.n The overall pattern is clearly a wave 4 and I believe that there is one more larger wave up (C wave) to about...

cryptobing01

A medium term perspective- waiting for the B wave to finish (it has not even hit the 0.618-0.65 area) before moving up to possibly $185ish to complete the C wave up. Once that is complete I predict one last move down in the form of a C wave to finish a larger Z wave.

cryptobing01

The corrective move on a HTF....I believe that we are searching for the final Z Wave down...could possibly touch anywhere between the $125-100 zone.

cryptobing01

ETH looks to be finishing the smaller degree B Wave as part of a larger ABC correction.

cryptobing01

The volume profile compared to 2014/2015 is absolutely terrible. When the last bull market started it was on increasing green volume with a huge green spike to kick it off. This move has been the total opposite. Plus with such a huge gap to fill (from the 6k to 3k drop), it is only natural that the market corrected. I fully expect one more lower low, however...

cryptobing01

Many good traders talk about how good of an indicator volume is. Despite looking and looking for an explanation I can't find anything that says how to incorporate it into a trading strategy and how to use it to determine if the trend is bullish or bearish. From all I can see if there is a big green candle then there is a big green volume bar, and if there is a...

cryptobing01

Could this be the start of a wave 3? I'm still bearish but after looking at the charts this could be possible...forming higher lows on the RSI as well as upticking on the MACD.

cryptobing01

After failing to break the heavy resistance at 6800, BTC made a truncated 5th wave (of what looks like the 5th wave of the 1st wave up from the downtrend), and broke down in a short period of time. So far the solid resistance of 6250-6300 has held steady and daily candle is green. I am still bearish (as we are still clearly in an overall downtrend) at least...

cryptobing01

In my last two post I used to the one day chart to try and figure where this might be heading. The volume is drying up and BTC is losing momentum. After looking at the 4 hr. chart it is clear that a rising wedge is forming. BTC keeps touching the very strong resistance at 9000 but is having a lot of difficulty breaking through. Since the bear market started,...

cryptobing01

It appears that a double top is forming in correlation with the same run up that happened in March. I would not be surprised if it drops again to retest the 6500 support or perhaps even lower ....I still. Believe this is a bull trap and it appears to be forming an ascending wedge which is a bearish formation. Every time BTC had a double top since this down trend...

cryptobing01

looks like bulls could be running out of steam...volume is drying up...very strong resistance at 9000

cryptobing01

looking like major resistance around 9100-9200. still have not broken past the march 23rd run up...thus still in a lower high. looking like 6-6500 is a strong level of support...if we do not break well past this next big resistance it is looking like a repeat of the end of march-beginning of april when prices dropped again...maybe even to 57-5900 if the 6000k...

cryptobing01 Updated 

I honestly think that the vast majority of people on this site are clueless...all of the predictions about BTC crashing....well just look it is pumping again...thanks assholes...I lost money listening to your predictions...many of you with "pro" reputations...seriously this site should screen people better before letting them post the garbage and drivel that they...

cryptobing01

-If this is in the wrong section I apologize! I am a new trader and I am trying to buy and sell small amounts in short amounts of time..I am trying to configure my chart with the pivot reversal strategy and the SMI oscillator. It seems like the default values (especially for the PRS) do not give good indication of when to buy and when to sell. The red...