In the last years my private hedgefond firm has accumulated millions of Satoshi's, these results should speak for itself ..
Usually TA of such caliber cost u big bucks, only the smartmoney can afford. But today i feel like giving back to the community.
If u are still trapped in Tether and dont want to sell at a loss what is your game plan? Exactly gtfo this Unstablecoin near 1$. This will then trigger the next BTC/alt hatch pump.
Meanwhile Btc is forming a bullish flag pattern desperately awaiting tether to dump.
Tether hodlers u were warned ;-)
in hindsight simple pattern seem to work well in the prediction game. Right now we are forming yet another huge bearflag within our descending triangle.
6.8k is our major resistance, a break above 6.8 would be a gamechanger and turn me super bullish once again. But there is no sign that indicates that this in play right now.
The Rsi is showing weakness...
I have been watching and sitting on the sitelines for a while now, waiting and lurking to make a move.
An descending triangle on the weekly chart is about to finish its formation, the breakout will determine the direction the crypto market will take in this 2nd half of 2018.
A break above the 50% Rsi level + an bullish cross on the macd in combination with the...
As in my last analyses i turned bulish and tried to catch the bottom and we fly away without me on board...
I am still looking to buy in on the Etf rumor and sell the news. -.-
Entry level would be 6400 or middle bollinger band for a more risky entry.
Never chase a green candle!
The recent upmove feels very very different. On the lower timeframes you can see human bullflags everywhere, its literaly bullflag after bullflag after bullflag. Resistance turn support over and over again. I havent really seen this since last year. Usually we get clownfiesta bot pumps all over the place.
Our daily volume hasnt been so low since the april 1000...
Ever since i started with forex and crypto almost 2 years ago i was wondering what even
is goin on ? In my early days i read every book i could get my hands on, always
thinking the magical answer to trading must be somewhere hidden in those books. Edward
Magee , Murphy, Voigt were definitely the good ones.
95 % of all traders loose their money.
2010 we pumpt from 5 cent to 50 cent and dumped to 15 cent
2011 we pumpt from 17 cent to 1.11$ and dumped to 60c.
Later 2011 we pumpt from 60c to 32$ and dumped to 2$
2013 we pumpt from 10$ to 266$ and dumped to...
The last Leg down was weak compared to the previous ones. Downward momentum is clearly fading also the rsi is printing bullish divergence on daily timeframe . This doesnt mean the bear market is over and bitcoin is moving to ATH over the next couple weaks. No iam just guessing we could see one of those juicy bounces into the 8-10k range.
What makes me hesitant...
We are currently in the territory of previous major support zone. The oscillators print strong bullish divergence on the 4h timeframe. Rsi is close to 30 on daily also showing signs of bull-div.
This is not trading advise do your own TA.