drei4u

Bitcoin about to top off. https://www.tradingview.com/x/ot1sLsTR/

Previous observation on fractal symmetry https://www.tradingview.com/chart/BTCCNY/F4bId8lb-Fractal-Symmetry-Continuation-of-Observation/

The price broke above the 200 day moving average on the daily chart last August 17, 2016 and is currently at 923 satoshis. The current volume on Poloniex dropped to 69 BTC as sellers (the early buyers at 500 satoshis) were already exhausted.The target for selling before snapshot is 1,457 satoshis.

Previously, AMP was reverting back to low 10,000 satoshis as traders feel there's nothing to look forward to Synereo's development. And then an announcement https://blog.synereo.com/2016/08/16/synereo-alpha-going-online-heres-what-you-can-expect/ that its network will soon be launch in September. This cause the market to rally back to it's old ...

Of course, it has to break the upper trend line of the falling wedge first for confirmation

Bitcoin halving July 9. Descending broadening wedge http://thepatternsite.com/dbw.html

Saw a triangle and somehow it fits.

All standard targets and triangles - Go long on ascending triangle breakout. Sell around $684.

This is actually just a test of Tradingview with Poloniex cryptocurrencies.

Sequence of observations since 93 days ago: https://twitter.com/drei4u/status/636226009856020480 https://twitter.com/drei4u/status/651399883069521920 https://twitter.com/drei4u/status/666071035796557824 https://twitter.com/drei4u/status/667941994845442048 https://twitter.com/drei4u/status/670089444234559489 Note: I don't usually trade this, but after several ...

Very long divergence

http://www.cnbc.com/id/102549768 On Balance Volume Divergence $GBTC reported Asks/Bids are between $200 and $350, making the middle point around $270 and $280.

In spite of seemingly coordinated hacks against bitcoin exchanges (maybe FUD attempt by powers that be), the price continues to crawl up. Buys continue to climb up in spite of heavy sell pressure. The safest short position is at the higher levels of the triangle. Less safe, but good nevertheless is to set buys just above the green trend line. If the price breaks ...

The real bulls are waiting for a cheaper price. Let's wait for a declining sell pressure at a stable but incrementally increasing price.

Bullish: Wishing the price breaks through the cloud. Bearish: Heavy clouds, bulls should wait for a better date.

$243 is the entry through the cloud which is also the major downtrend line. Always watch the buy/sell volume. If the buy volume sustains a push to above the cloud, it might signal a real uptrend.

The sell volume overwhelms the buys all the time and no confidence-inspiring news in the near future. Volatility increased as many long-term holders has probably sold out already. We haven't entered despair phase yet. Always watch the sell and buy volumes. Find the highest price to short.

(Scroll the chart to see description for the orange arrows) The November 2013 mega pump was mostly driven by Chinese speculators. And these speculators are very critical that their government will not allow Bitcoin to grow so big. http://bravenewcoin.com/news/zhang-weiwu-at-bitcoin-south-bitcoin-adoption-in-asia-a-general-introduction/ Ever since that time, ...