Gl4diator

Gl4diator

Good morning traders, let´s zoom into the Daily for today and have a look at our actual odds & outs here and some possible moves. Fact 1: We have been in this downtrend-channel for an extended period of time, and a turn becomes more likely on every swing. Fact 2: We have a strong support keylevel (blue), if we fall through this, good night. ( OR -> FACT...

Gl4diator

Good morning traders, some of you have taken a long position yesterday, after the small inverted Head & Shoulder on a smaller interval seemed to break upwards. The target for this small IHS is roughly located just under the so important Yearly Pivot . The November is nearly finished and we will get new Monthly Pivots in a couple of days. To be honest, I am under...

Gl4diator

Good morning, Bitcoin and Co. are experiencing another red day. I have said before, that one of the things I don´t want to see are two consecutive weekly candles closing below the Yearly Pivot. Bitcoin is just reaching a significant support zone and has to keep up this level and not close below the white key-level on this weekly interval. The good news is,...

Gl4diator Updated 

Good Sunday morning traders, last week I have been saying, that there is space down to minimum $ 8165. Looking at this still very valid potential diamond bottom pattern just sitting on the so important Yearly Pivot. So the big question is, where this is going to break. Considering the fact we are on top of the P-Y and it´s position, the odds are better to break...

Gl4diator

Hello fellow traders & friends, most of you will already have recognized this symmetrical triangle with an APEX of the S2-D. It´s usually a structure, that does not give away much on a small interval like this. Due to the fact we are edgy to see low 8k´s, I still would like to see this noticed. In the recent past, these patterns ended up in a fake out, leading...

Gl4diator

Regular Bullish Divergence 240 just finalized on BTCUSD (BitStamp). What does that mean? For now only, that there is a possibility we are sitting on a local low currently, key-levels will decide. Keep an eye on those ;) Current support is S1-Weekly @ 8594, resistance @ 8931 (P-M) Next levels @ 8165 and @ 8165 Remember, this is only 1 indicator. Neru

Gl4diator

Dear Traders, obviously this is just an idea and nothing that can be traded by now. For this I have taken out one of my former charts, where I tried to show you the stages that are probably awaiting us. Currently I am still not bearish mid to long term. This drop was caused by a broken key-level around the Monthly Pivot and we are now starting to approach the...

Gl4diator

Good morning Traders, let´s have a quick look at our trading-range today. The little pump yesterday has given a lot of people a little heart-attack cause they feared they will miss out the pump up to $ 12 k or higher. Some facts straight, if you look at the Daily chart it becomes clear where we are stuck at the moment and why. Not only the price is ranging...

Gl4diator

Good morning Traders, after yesterday´s poor breakout attempt and hitting the Daily consolidation support perfectly, we have been pushed back onto the former resistance area (red). What concerns me is the fall below the MA50, which is pointing away from this breaking ultimately upwards. It is fairly possible, we will range here for longer. Monthly and Weekly...

Gl4diator

Good morning Traders, I am looking at the 240 Chart of Bitcoin today, cause it makes sense: Tomorrow is Sunday and it´s not rare that moves happen then, starting off today evening or night-time. As you can see clearly we are, also if you remember from the higher intervals where we are, that there is a lot of resistance ahead, that Bitcoin needs to break through,...

Gl4diator

Good morning everyone, I do get asked alot if I am bullish or bearish at the moment, and if this might be the last chance to buy Bitcoin this "cheap". The answer is very simple. I don´t know. If you are bullish long-term and you don´t want to buy at 25k or 50k, than I´d say this is considered cheap for sure. If you want to chase a low, this might be far too...

Gl4diator

Wonderful Sunday morning Traders! Hand on heart, you are sitting here watching all those nice charts and forecasts and assumptions and predictions? And the ONLY thing that comes out of it is a chart like this? Congratulations, you belong to the big majority of those who are interested in technical analytics but completely overwhelmed by the amount of...

Gl4diator

Hence I am not bullish before we break-up the 8.1k-8.2k $ levels, I will look out for more short-opportunities today. Bitcoin is just testing the Daily-Pivot from below. If we break down will also depend if the sell-off curve is accepted. For now this looks like a poor try to avoid it. Very short-term targets marked. Always set stops. Trade...

Gl4diator

Hello guys, it´s time to look at the bigger picture again. As usual I am using the 3D interval to try and figure out what are our odds here. Fact is, we could be on the well known gigantic symmetrical triangle, which increases the odds, we will follow up the downtrend until a possible support will be hit not before middle of 2020. Does this have to happen? No,...

Gl4diator

Good morning guys, today we are having a very simple look at what´s been happening without drawing a single line or zone. Fact 1: We have talked about the bearish descending triangle with the Quarterly Pivot as Support and been saying this has better odds to break down than up and it´s anything else than a bullish formation. Fact 2: For those who know me well...

Gl4diator

First of all, I am sorry I am so rare at the moment, but I have private stuff going on that I need to take care of and it recently needed all my attention. Anyhow, Ethereum is a beautiful example of how technical analytics work and work out if done properly. I have not touched or changed this chart for several weeks now, no new lines, no new assumptions nothing...

Gl4diator

Ethereum is very shy. Generally, it looks much better than for example Litecoin or Cardano, at least at the moment. We already know what these very slow escapes from Falling Wedges can be a sign of a beginning accumulation (!). The absolute key-level to overcome for ETH is the price of $180 and after that the $200 to produce a higher high and initiate the next...

Gl4diator

Bitcoin bounced off the key-level support and Quarterly Pivot forming the final horizontal for the rather bearish descending triangle and this happened with rising bullish volume. At the moment it is again (as we already experienced many times during this consolidation) stuck at September´s Monthly Pivot, which is roughly $300 lower than August´s due to the...