eag09

eag09

To those that asked me yesterday, I indicated that if we cross $11,900 (GDAX prices), that would trigger a short-term buy signal from which we could get a range projection target of at least 800 points. As I write this, we are seeing a gain of 1000 points, give or take, and now the question turns to: "how much higher can we go?". BTC' has ignored the overbought...

eag09

Currently, we seem to find ourselves at a crossroad yet again. Is this truly a path to new highs? Yes, overall Market Cap has greatly increased, that is a clear given. Is institutional money already pumping futures-like volume in this sector? Yes, but haven't they already been doing that all year? Regardless, I digress. the blast through $8k is anything but a...

eag09 Updated 

Currently, we are seeing BTC test the $6000 resistance which was attempted and rejected earlier this week. The upcoming Segwit2x fork is definitely in play here as we are a little over two weeks away from the 494784 block being mined (fork block). Current projections have that happening as of 10/16/17 (Thursday, November 16, 2017, 5:53 AM - per respective...

eag09 Updated 

Over the weekend BTC crushed through the $4400, $4500, and $4650 levels. Who knew that the $4900-$5100 area could be in play so soon, and now its very tricky up ahead. I still have not taken in profits from the trade entry point of $4200, but have tight stop losses around this current level. Perhaps, I may exit if I have to catch some sleep. Only doing it so today...

eag09 Updated 

The short-term consolidation that took place over the prior couple days appears to be slowly fading away as the $4150 support level held overnight. The ongoing post-crash advance, albeit slow and without fierce momentum at the moment, appears to be continuing. Crucial resistance still ahead as we aim for the $4400 level yet again, more resistance is found near...

eag09

BTC crossed the $4400 resistance level on Sunday (10.01.2017 US EST) as trend lines appear to be holding. Eyes set for 4500-4600 range as the cloudy market outlook prevails. Tight stop losses are set around the world as momentum flirts with bull bear battle. Let me know what you guys think, are we heading for higher ATHs? or are we bracing for impact? FYI: look...

eag09

Bitcoin getting closer to the $4400 resistance after leaving behind the $4150 level, which treaded water for a bit as it went sideways over the last 24-48 hours. With several strong support/resistance levels already below the current price, $4000, $3800, and $3500, the coin looks to be setting up to test the all-time high near $5000 in the coming weeks. HOWEVER,...