drei4u

drei4u

This chart is a simpler one and with less noise compared to my other Bitcoin technical analysis . It is a good practice to tweak your charts from less noise (less detail) to more noise (more detail) so that your TA will always be on point. The Bitcoin price simply needs to overcome $13,123 to continue upward movement. A breakdown from the yellow diagonal line...

drei4u Updated 

Already sold all coins around $8,500 and looking to buy back. Probably been in this pattern before. Same dump patterns and fibonacci retracements.

drei4u

Just in time for casino launch

drei4u Updated 

Bitcoin about to top off.

drei4u

Previous observation on fractal symmetry

drei4u Updated 

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.

drei4u Updated 

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 blog.synereo.com that its network will soon be launch in September. This cause the market to rally back to it's old resistance. Speculators are expecting a rally prior to network launch, however, AMP may...

drei4u

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

drei4u

Bitcoin halving July 9. Descending broadening wedge thepatternsite.com

drei4u

Saw a triangle and somehow it fits.

drei4u Updated 

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

drei4u

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

drei4u Updated 

Sequence of observations since 93 days ago: twitter.com twitter.com twitter.com twitter.com twitter.com Note: I don't usually trade this, but after several observations. I will factor this in along with moon cycles, astro dates - high and low. And of course the usual candlestick patterns, Ichimoku clouds and other indicators.

drei4u Updated 

(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. bravenewcoin.com Ever since that time, Bitcoin experienced three major dumps. Good news after good news did not prevent the sell-off...

drei4u

Very long divergence

drei4u

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

drei4u

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...

drei4u

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