w0tisl1fe

w0tisl1fe

Just a pattern that I noticed looks pretty similar. Not a sure thing, but its something to think about.

w0tisl1fe

Today is one of the most important breaking points for the next week to months moving forward. Take a look at the image below. We are running along this trend that we've maintaned below since 10.3k. If we break this and find support this will be a massive bullish signal. If not, and we continue to resist, this will be a massive short oppurtunity. Lots of money to...

w0tisl1fe

As you can see, we're at two points where its do or die. The blue shaded area is where we have found tons of resistance, as well as this trend line we've been running along. If we can break above and confirm that we've found support this would be a good time to long. Otherwise, I will highly be considering opening short.

w0tisl1fe

As you can see we're up about 6% currently. And at 7080 which is our first big resistance we are gliding just under. One of two scenarios will play out today, so be ready and looking for reactions here so you can act accordingly. A) We will top out at the top of the blue shaded box which has established itself as great resistance and support for over a week...

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As you can see in this i've plotted out some of the big short term supports and resistances. The big area to long will be 6670. As It has already established itself as a great place to open buy positions. Here's a chart that shows even more on how it reacted when here. Also take a look at the fib channel and where it lines up. Tons of support in this very area....

w0tisl1fe Updated 

Purple line and white line are being respected as great res and supports. made some great profits off using these two alone. To remain bullish, I would like to see us continue to use these lines as support and not just that, but get enough momentum off of them to get past and find new supports above 7k.

w0tisl1fe

BTCUSD /// Happy Easter! Before I go enjoy this day, I'm gonna give me analysis for the day. So as you can see we are still inside the pennant we formed. And if you look closely, it seems as though that line through the midst of it is more support than the bottom trend. So as I set my limits and take profits for the day, i will be looking to get out at the...

w0tisl1fe Updated 

BTCUSD /// Recently broke out of the larger scale wedge we had been in since our dump to 3.8k. Now as we have got out of that, it looks as thought we are forming a bearish pennant. Shorted the top of that second confirmation. :)))

w0tisl1fe Updated 

BTCUSD - Since falling out of the wedge, we've come down to our first support displayed in the shaded area. the line in the middle being the midst of the support where even more support can be found. I'm looking to scalp this out on some quick longs while we are still above this line. Yet, I am still waiting for more downside. This is just the start. But who says...

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BTCUSD /// End of Wedge. And not just any wedge. This was a textbook wedge. Perfect Formation. Below is what happened last time it was as nice as this. Also take a look at our fib channel. Couldn't get past resistance and now its dumping as expected. And, here on the 30 minute chart we're starting to fall below our ichi cloud. Sell Signals Across The Board :)))

w0tisl1fe Updated 

BTCUSD --- Still trouble getting past the top of our rising wedge. If you saw my post yesterday i said that either we were going to dump, or head to 7400. As you know, we got to the 7400 mark and dumped. Came back up for a bit, and we're dumping again. Very close to the end of the run in this wedge, breakout will be sooner than later. Get ready!

w0tisl1fe

Bearish Divergence here on BTCUSD. Either we fail here and fall to 6900, or go to the top of the wedge at around 7400. Leaning more towards a dump at the moment.

w0tisl1fe

This is exactly what's happening now. We've formed a decent sized rising wedge, and getting to the end of the formation. Dump Is almost inevitable. We could see a short squeeze, we could see more very short term upwards movement... But the near futures fate consists of a breakdown back to low 6's and maybe even 5800, as that is an important level.

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As you can see we're at a crossroads. Multiple big supports sitting right below us. If we break through the bottom of our rising wedge... SHORT! But If not I will still be skeptical.The longer we hover around this same area, the more I think that BTCUSD is trying to push back through it and bring us to low 6k area.

w0tisl1fe

Major Fib at around 6100. But Bearish Sentiment at the moment is the majority.

w0tisl1fe

BTCUSD / RSI / Bearish divergence. Keep an eye out. Pumps are for shortin'.

w0tisl1fe

BTCUSD seems to play out with what we expected only half the time, in regards to crosses. At the moment im a bit bullish considering recent price action and mostly scalping. Anyone care to let me know what they think the death cross will bring? Comment below if you do. Happy Trading!

w0tisl1fe Updated 

Major Support Area! Long!