look at the buy responses from the same price over the past few days. Losing momentum. How can you expect to jump on something from this point, without a serious dump? This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including...
When BTC has the opportunity to recover from a crash, change trend and exit downturns of late, it results in a table top of angle 3 degrees or more. Then another crash takes place. We only have a 3 degree table top. So forget BTC recovery until the blue line above shows a reverse (200 day MA) This document is for information and illustrative purposes only. It is...
Apart from dumps and pumps (likely artificial), the response high/low pattern is losing. If the recovery looks anemic from the low, it is. Stay off this buy for now. I agree that 13K is a reasonable rally point, but where are we supposed to get the volume to do so? Expect another fall off, once the street sees that momentum, absent charity pumps and bull traps,...
if you were to buy in right now, at this level, a ceiling of 12.9K is likely. This is good news. The hardening of support at this level is actual, with evidence of two buy points at 38 fib retrace. We hover around 50% fib, this is healthy, and suggests we have a point to climb to. Am I too optimistic? I figured yesterday represented a sleep point, given trader...
I thought that there would be recovery on our trend, but at least we didn't get a crash overnight. The whole futures thing is like 'shark in the water' I would like to give the all clear to jump in, but it's not an investable position at the 11K right now. There is plenty of expectation of lower prices -- which validates doing nothing right now This set of...
some of this demand is made-up, or stimulated, but all market possess this made-up demand. It is in the design of its whales. See how big momentum develops after proving it's exited a down trend. Big flourishes result at the lower green line. We are in midst of doing this rt now. Once we regain high 12K, we can bounce around the upward trend as a floor, then...
Most believe BTC occupies a corridor with 14K as ceiling. This may rebuild before feb 2 using this kind of path. The angles represent the most common slopes for gain paths and for descent. The pitchfork represents several levels of aggression with the current slope up as a floor, or resistance.
Expecting a parabolic moon shot? Nope! BTC is assigned the menial task to generating 20+% gains each week, then crashing, go back to bed. Get your buy in, low 10K, hold til next week. Learn to be happy and love the dip
200 MA basically represents a 23 fib retrace, could become a bottom area. Yesterday's price run ups were outstanding. People ran up prices about 18% once they touched these levels. The last drive was worth about 12%. You can repair your portfolio in a few days, maybe one day with these recoveries. Since I am down, I am going to trade my way back up, I expect to...
Both dipping and recovering price cycles represent good buy-ion points for BTC day trades. There are a multitude of good buy ins given the above indicators and bollinger band overlay (200 day SMA). When price is falling, the lower standard deviation of the bollinger bands are helpful in establishing buy in points. When price is collapsing initially after a high,...
maybe a cup/handle, day trade arguable, bull uptrend, short term This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation
HODLers need not apply Bottom of trend is totally breachable, so you need short-term tools to navigate this monster. I am no longer using MACD/RIS to gauge bottoms, instead am employing: EMA 34 Bollinger SMA 200 day MA 50 These trend illustrate good buy points, and confirm trend shifts. I will publish more notes on this as we go. This document is for...
much better buying off of volatility last day or so, average jump on low RSI gone from 3.5 to 5+% buyers are swarming to BTC at this low price, let's hope it stays low for awhile the buying demographic wants BTC, and will take more of it, the lower it goes best to stick around today to look for nice trades can't believe the 7% pop This document is for...
Overlays here: 50 and 200 day MA Until this trend abates, best to wait for day time buys when outside the 200-day bollinger standard deviation, where high rates of divergence exist between 50 day MA. Dialing back to 15 minute increments you can see the safety in buying at the lower standard deviation, can probably sit on this chart for the next day or so until...
have yet to lift, but potentially today to get into a multi day rally not yet done with this consolidation This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law...
day to fall big time, set people up for a big run-up in price yesterday's prediction is coming true, sorry for anyone losing $ today you can see how the 200 day SMA and the 50 MA are strong signals. Last night they were signalling today's movement. I predict the above floor to the current trend, taking place GMT-8 10pm-ish. Probably gain another 30% before 1/16,...
In grade school a rough/tough bully threatened me to 'stay home from school tomorrow.' I came to school anyway, with a Swiss Army knife in my pocket, ready to rumble. I am sure the corkscrew would have been a wonderful piece of tactical gear. Stay home from school tomorrow. It's gonna dump. That is, unless you like to buy dips. Dips upon dips, upon dips....
Good news, plummeting will take place for another day or so, not unlike last major consolidation, post xmas (see above) When the 50 day MA is converging below the 200 SMA, it's time to go lower, much lower, if history is a guide. Price repression -- you can't make money on a surging coin, when you're a trader. You make money by liquidating, then offering discounts.