June

June

It appears that BTC is on the consolidation. The fact that price has surged too much in too short a time, I think, gives a reason to expect a small decline. An AB=CD pattern seems legitimate, and going to militate on the price action. I think the price would end up at 2153 yuans, where I believe it may bounce. It is nonetheless essential to note that should the...

June

It appears to me that uptrend is going to continue, Although I expect the price to consolidate at 0.618, it goes up after reaching near almost 0.382. The AB=CD pattern is going to be formed, it seems to me, should the price start a little consolidation after touching either 2.24 or 2.618, where the upper band (Bolinger bands) is expected to be confronted by the...

June

It appears to me that a long decline has finished, and a rally seems on the horizon. The double-bottoms pattern is highly likley to transpire, It looks almost certain that the market needs consoildation awhile, with RSI on an overbought condition. On a daily chart, the price has attempted to break through, but pummeled by, 20MA. A similar situation, I think, is...

June

A bat pattern may be completed, if the pirce were to touch XA 0.886 and BC projection 2.616. In that event, it is appropirate to take a long position there. I have set limit orders at 2147 yuan to a full extent with 3x leverage. Thank you;.

June

Here is a hourly chart of Huobi. As seen from the chart, Fib 1.618 has become a support level together with a resistant level. Also, RSI divergence has ocurred. The reason for which I did not buy before was that the bottom could not be confirmed. The similar situation is where a red arrow is pointing. Now it is time to buy at Fib 1.414. A buy zone I believe is...

June

It is beyond a doubt that the price will go up again somwhere and in the recent future - unless the God ordains to cause sort of a catastrophe like the case of Mt, Gox. The question is when the rally will commence. It is well-known that just because the price has slumped to a large degree does not categorically mean that it is a good opportunity to buy. Many...

June

A garley pattern has been negated. The price has broken below the previous low. I have sustained, but cut, my loss. Roughly 4% loss, i have. In this event, i think it would be wise to stay out of the market for the present. Because the price breakes the support level, it may go down further. I anticipate 330 dollars, or 2000 Yuans, but there is no categorical...

June

A garley pattern still stay vaild, despite an attempt to invaildate it. Should the pattern be nullified, it must touch 2153 - Previous Low. Nonetheless, it has not done so. Thus, the pattern is still holding good. I previously anticipated the price would bounce off 1.272Fib, and have bought there to a full extent with leverage. But it has missed my expectation...

June

A garley pattern still remains vaild. The price may break 1.272Fib, but cannot touch the previous low in the least - a blue line - should the pattern hold good. I have bought at the price of 360 to a full extent with leverage, and am presently sustaining loss. But i am going to wait until the price reaches 2153 Yuans, were I to liquidate my position. - Update....

June

A Garley pattern is almost completed. Take a long position, as soon as the price hits 2191. I anticipate that it rallies again. Notice that RSI are entering an oversold condition. Also, look at a daily chart. The price may break 20MA but close above 20MA. Others may disagree, but i expect a bullish market. One may buy here, because the price would rise after...

June

A Garley pattern appears to have occurred. I still stay expectant of a bearish market. I have already fully shorted.

June

Here is a 4 hour chart of BTC. A Shoulder-Head-Shoulder pattern has transpired. Also, double tops are seen in MACD. Well, in my opinion, a market is bearishq in a short-term