I think we have officially bottomed out. We saw substantial volume come in at the 61.8 retracement level and I think that that marked a 1st and 2nd wave completion. If so, I expect longterm bullish sentiment taking us above the £600 mark.
I think we may have completed an entire cycle. I expect BTS to begin to climb quite substantially especially against fiat.
Bitshares looks really really attractive. Excellent longterm opportunity as the currency is traded very cheaply. If it should show this much of an appreciation against bitcoin, imagine how much of a rise it could have against fiat.
Ethereum is really getting battered. 50% retracement level is struggling to hold the market up, will £133 offer us more support?
After a text-book 50% correction of the green 1st wave impulse, it looks like BITCOIN could be on its way too see $3000+. Lets see if bullish sentiment persists and if so $3500-$4000 doesn't look far fetched. Check out the previous analysis to see just how we got here. Find it linked below.
Im finding it hard to find a case for more bullish sentiment, initially I though we would go up, but now I'm not so sure. One the bring side, if we do consolidate lower there will be a great buy opportunity building.
Two scenarios both spelling bullish BITCOIN.
AUD looks really weak across the board. I think we see much more of this longterm, but I'm keen to see what happens on next week's rate decision. P.S.If you like my analysis, consider taking up my free 2-week trade signals package. Get in touch via private message for more information. I offer weekly trade ideas as well as longer-term ideas.
Looks like we have one major dip in the works. Im looking for a good entry position in order to try ride this to the bottom. Here is a link to the 2H timeframe: P.S.If you like my analysis, consider taking up my free 2-week trade signals package. Get in touch via private message for more information. I offer weekly trade ideas as well as longer-term ideas.
Oil is really getting a beating, but I think there could be a great buy-side opportunity on the horizon. P.S.If you like my analysis, consider taking up my free 2-week trade signals package. Get in touch via private message for more information. I offer weekly trade ideas as well as longer-term ideas.
ETH looks like it isn't quite done with the upside even though there is a wavecount that indicates that it may have topped out. I personally think we see some more upside but lets let the market lead. I put up one 2 trades to consider. Not very attractive risk reward, but trades nonetheless.
Looks like we may be in for a dip. If thats the case I'm looking for a great place to buy as I think we may see one more push to the top. Im compelled to trust this analysis as it coincides with what looks like a possible uptick in the price of BTC for what might be $3100-$3300. A great play wold be to buy BTS after the dip and then the highs into what might be a...
Two possible bitcoin plays. Im hoping on a selloff at some point to the 50% retracement before I buy
Cryptos are having a massive bull-run, but nothing goes up forever.
I think we still go up, but we may get a bit more of a decline.
The S&P looks like it could be nearing a top. The arrows on the chart present a trade for the short-side now, but I think there is a great case for one more leg up. Maybe we get the sell-off as the FED makes its move next week. We had a great trade to the top here but I think we could see a bit of a pullback soon. Im tempted to short now for 2367 and wait to see...
Looks like we are at or near a top. For the next week i think we see serious EUR movement. Plenty of economic data and attractive technical levels
Looks like we are still firmly looking downside. A bit of a strong reaction off the lows, but it looks like it may be a consolidation and that one more decline could actually be in the works before the FED is on the horn next week