DON'T GET FOOLED BY TALKS OF A HEAD AND SHOULDERS! It CAN happen but wouldn't that be a little ... too easy?
Just something I noticed, the RSI on the 30m has been coiling, there have been attempts to break out of this resistance which resulted in powerful short-term rallies.
If Bitcoin can break above the resistance in the RSI, we may see a seriously powerful...
This screenshot shows the trend angles. For some reason upon publication the main chart on this idea doesn't display them correctly.
Please note the above idea is just my opinion.
Please discuss yours. :-)
Hello everyone :)
Although lately I haven't really been feeling this coin much anymore, thought I'd try my hand at some macro analysis on it.
On the 2W time frame, I believe Tron may be printing a massive symmetrical triangle, the apex of which is in the beginning of 2020.
For now, I believe tron is slowly beginning to shift momentum to the buyers side.
Just based on what the chart shows, this thing could have another very massive wave up.
Keep a close eye on it.
This chart is posted just for fun to see where the retracement lands, if it hasn't completed already.
If $4k breaks, lord help us all.
Something .. I don't know quite what it is, but something is wrong. Very wrong.
Our world as we know it is a lie.
Just posting for future accuracy readings.
Sorry, no long winded post this time fellas.
but really tho
"I think the path of least resistance is to the upside, that being said I don't see the DOW having troubles so long as our politicians keep their mouth shut."
-A soon to be very famous man
Ladies and gentleman, behold. A $5k BTC by May/June.
I have been watching price action very, very carefully.
According to Fibs and Elliott theory, I believe this is the primary count for Bitcoin.
Notice what happened earlier yesterday. We fell hard but stopped on a dime at the 200 MA on the 4HR- which has so far at least been tested successfully for support.
Ladies and gentleman.
Who would be easier for exchanges to liquidate/stop hunt?
Deep longs from $3,100/$3,500, or brand new EUPHORIC BEAR SHORTS?
I'm here because I believe I can give you the correct answer.
April 12th 2018, I called $6,755 as a potential reversal point for Bitcoin while in massive downtrend.
Less than 6-12 hours later we went from ~$6,753.60...
Long the dip between $3,900 and $3,950. Ladder if you must but risk no more than 5-10% capital.
Sell a bit on the breakout, then buy the dip once the breakout retraces back to the neckline AROUND $4,127.
Why do shorts keep closing?
Why do longs keep piling in?
Why do we keep getting darth maul lightsabers?
Why are we ignoring hidden bearish divergence in the...
Very simple post here friends.
Massive bullish falling wedge.
Weekly RSI is heavily diverging.
I have been watching DENT on Binance very carefully, and I've noticed the 22 sat buy wall exponentially increasing every time it's touched.
As of this moment DENT has a 224 BTC buy wall at 22 sats, and it's only gotten bigger the past week.
18-21 Sats is the lowest I...
Hello everyone. The old permabull teh_Salesman is back, and I have something interesting for you.
First off, some simple technicals.
At the moment we are holding a long-term bullish trendline since 2015:
(This trendline can be construed many different ways. I printed mine this way for the sake of argument that Bitcoin is...
Hello everyone :)
This is my third idea regarding ZRX and as I always like to say, third time's the charm! I finally feel confident enough to put a buy zone on my chart. More data has rolled in, and it's very clear buyers are beginning to take control.
As ZRX approaches the 6k psychological sat area, keep a very close eye on how the RSI reacts in the daily...
QKC is starting to look mighty nice from an accumulation perspective.
Currently, it looks to be forming a bullish falling wedge, which is a consolidation reversal pattern. Price has now touched this resistance for the 4th time and looks to be getting rejected again for the moment.
Although price temporarily fell out of the wedge it was quickly bought back up on...
So far, FUN hasn't shown any real signs of a trend reversal yet, however I am placing this idea here to see what happens in the following next weeks.
If FUN does not begin to pick up major volume in the region of support it is holding now, I believe its next target will be a new range around 82 sats.
That said, FUN is showing long term bullish divergence, as well...
I've been keeping an eye on ZRX ever since I prematurely posted not long ago that ZRX was near bottom.
Currently, the 6h RSI has been finding support on the DAILY RSI resistance.
It is also holding 40, which is arguably where bulls begin to take control.
Daily is showing bullish divergence for the 2nd time now.
Daily RSI is also finally showing an oversold...
Hello everyone! We have some seriously confusing price action in Bitcoin! I'm here to hopefully help some of you.
We'll dive into technicals first, then the psychology behind it.
On the daily, this dump stopped on a dime at the 100 MA.
Prior resistance was the 50 MA. Why weren't we able to re-test it with the strength of...