dbs2020

dbs2020

Who thinks this bullish cypher will play out? This pattern will take a long time to play out, if pays out at all. So far, everything looks good. If the price continue up to point C and drops back down, this could be on hell of a harmonic cypher playing out. I guess stick around for the next 1-3 years to find out.

dbs2020 Updated 

Just wanted to share this divergence forming on the monthly chart. You guys with that massive capital can have fun with that :)

dbs2020 Updated 

I am practicing identifying cypher patterns and noticed the beginning of a bullish pattern on the daily chart. It will be exciting to see if it plays out. Additional validation will occur at "C" between 1.272 and below 1.414 and buy in level at "D" completion point above .786.

dbs2020 Updated 

Over the past 5 months, BTC has been in an upward trend. Firstly, recovering from a panic sell-off due to Corona virus. Secondly, finding support at previous levels before the panic consolidating for weeks, almost as if it was deciding whether or not it really had the strength to live among the 10,000's again. In any case, the stable coin consolidation period...

dbs2020 Updated 

Nothing fancy today, just a quick trend analysis of BTC USDT pairing. As you can see within the green lines, BTC is in some kind of upward trend holding pattern. If it breaks down out of that pattern then a retest of the black support line is likely and a logical entry for a long position. Happy to hear feedback and comments.

dbs2020 Updated 

Price seems to be losing steam. And I am pretty bearish overall and expecting lows to at least 7500-7800.

dbs2020 Updated 

I think there is a possibility for a long-term set and forget short. Target around 325 around the 10th of September. I am not trading this instrument, just sharing for fun and to see what happens down the road. I want to see if what I did to get these results bears any fruit. Trade smart. Manage Risk.

dbs2020

With this I am not saying anything is going in one way or another. I just wanted to plot some fib spirals on some key points along the upward implus, draw a fib retracement over it, and just watch what happens. I am curious to see what the price does with the different levels and marking on the chart and thought some of you may also be interested in it. Stay...

dbs2020

I dont know about you guys, but this looks like the perfect short setup to me. Topped out RSI, topped out Oscillator, 618 retracement, it has hit a trend line, we just finished a pump, it's at key resistance/support level from previous price action across the chart. I don't really have anything else to say. It is what it is.

dbs2020

it's late, I am 5 pints of beer into it right now, just sharing what I see for the coming months. Can't really muster anything to type. You're all smart folks - let me know what you think.

dbs2020 Updated 

For me 6600 is going to be a major resistance and support level. If we see bitcoin break and close this line of resistance, it will have corrected itself from the panic and resumed its overall trend pattern. As the trend closes in on static support lines at 6600, we see a chance for a trend reversal and price action to start moving up once belief that asset can...

dbs2020 Updated 

I'd like to see it drop in hope of a nice big mountain climb to follow. But, who knows...the markets are anyones guess right now.

dbs2020

Hidden divergence has appeared on the 1-hour chart. Possible opportunity to long.

dbs2020 Updated 

Pretty simple. Don't trade against a trend. Short that bad boy and set sensible stop loss.

dbs2020

Since last week, Bitcoin has dropped through the previous support levels of $9,150 and $8,500, finding a strong support with a 50% retracement from the previous low. Support has been found just above the static support level of $8,300 and dynamic support from the 200 exponential moving average. We should be seeing Bitcoin looking to retest its previous support...

dbs2020 Updated 

Looks like BTC EUR is making a retracement back to the .618. I have pointed out what seems to be obvious support and resistance zones and what appears to be some solid stop loss and buy areas. I don't really have much else to say about this, I think the chart is rather self-explanatory :) Please comment and let me know what you all think.

dbs2020

Price action went a little higher than my prediction before beginning the fist dump, but so far everything is on track. The dump may go a little longer as well in this case if pattern had anything to do with it, but if I am to put my money where my mouth is, I will be buying back in around the 20th of February when price action is playing around in the 50-56 euro...

dbs2020 Updated 

Pretty simple, we have strong trends, we're in a cone, and XRP is low. I put the resistance zone where I did simply because of one way or another, XRP is about to break out of its current trend in the coming weeks. All the previous price action in the long area I do not believe will limit growth as it was part of a strong downward trend. What will impact you is...