Bitcoin looks to be in a long-term order block and has seemingly bounced off of support at around 7000. If Bitcoin closes thee weekly candle above the top of the current order block (light green) around 8245 ideally 8522, there is a good chance it will run up to test the mid-term order block (red box) at 9578.
However if the weekly closes below 8245, there is a...
Had a good long from 9440 up to 11700 and closed today.
Not going to give a big explanation on this new trade. I've been building a short throughout the day since we've remained under the daily open. Going to see where it takes me. Very tight stop above daily open
There's a chance that a Quasimodo swing might be playing out on BTC after making a run for 10,1-- today. Might be a good chance to pick up on the dip into the 9700 - 9900 area.
NOT a short call. I think BTC is prepping for a big run to ATHs (don't mock me if we dump to sub 8k). I still have most of my long from 9440 open and will add to my position if good ole...
I'm extremely bullish on Silver.
Golden Cross developed in Dec '18 and since then the price has increased 17% from low $14's to the current price of $16.50. I'm bullish on Bitcoin and precious metals, but out of all precious metals I think Silver is going to have the heaviest return.
Feds cutting the interest rates for the first time since 2008 in order to...
Long hit overnight at 9.4 with a tight-ish stop at 9220. Looking for partial take profit at around 10,050 - 10,200 depending on momentum.
Good luck to anyone currently in an open trade in this chop nonsense. Hopefully BTC stops messing around and makes a few of us happy!
DXY showing two types of bearing divergences.
High Timeframe Hidden Bearing Divergence: Price made a Lower High while the RSI made a Higher High.
Low Timeframe Regular Bearish Divergence: Price made a Higher High while the RSI made a Lower High.
Low Timeframe also showing signs of reversal downwards with a possible H&S
TA-wise VTC looks ready to bounce and continue upward.
Fundamentally it has a low total supply, relatively low market cap, and had its mining rewards halved last month which means less Vertcoin distributed per block.
All signs point to an inevitable pump.
Historically, ETH and ETC move together, but one usually steals the show. You can see their movements are pretty well correlated but one is always significantly magnified compared to the other. Recently (the passed month) ETH has been pumping and ETC has been tightening in on support levels. Right now ETH is hitting a pretty big resistance zone so I think it might...
BTC looks like it wants to correct. The order books look like they are being propped up with buywalls and they aren't seeming to hold.
Volume has lowered, and the last impulsive move as tagged the 78% retracement upward from the last fall.
BTC correction zone based off of Fib extensions and Gann support zones