Hi everyone, we are at a support level that has been holding strong for a while. It might be a good spot to buy with minimal risk.
Hi everyone, BTCUSD has made a beautiful trend line. Keep long!
As I have been saying all along, stay long!!!!!! The fundamentals of BTCUSD are such that it is like a vacuum cleaner for capital. Sure, sometimes the vacuum gets cleaned out... but ultimately it is still a vacuum cleaner.
OK, so I have been a little bit wrong lately, I'm not Nostradamus. These are just educated reads. Right now: I'm seeing solid protection of the 9950 level... Looks like a technical double bottom. Stay long! I've just longed back in.
Slight adjustment to yesterdays channel - BTC is in my opinion still in a channel, about to go up. Mind you this hasn't been confirmed as the market is showing very low volume at the moment.
Hi everyone, To my eye BTCUSD is now in a bullish channel. I expect its next move to be something like I have drawn on the chart.
We now have BTCUSD sitting in the dead set center of its local trading range with no volume and a doji candle... That is the definition of indecision.
The chart is telling me that BTC is reaching a decision point. The market doesn't know whether or buy BTC or SELL right at this moment. I expect that we will hover around 11500 - 12000 for while consolidating before resuming its upwards move.
BTCUSD Growth - Y = (x) ^3? It is interesting reflecting on the run we just had. It was very close to a cubic growth function in the end. As price time went on the rate of price change just kept accelerating and in the end the rate of acceleration was accelerating! In the end the price action hit a rate of change that couldn't increase any further! And then boom.
Hi everyone, My indicators are telling me that even at the current level of 2019 high price BTC is GAINING STRENGTH. Now is definately a good time to buy in!!! I am guessing that this is due to fomo and altcoin capital moving into BTC
We are seeing a wedge evolve here, and when price comes to the end of the wedge it tends to break up or down. I was recently tricked by one of these patterns. I was trading a wedge assuming the direction of the breakout was a continuation of the long term trend.... but contrare, it was a reversal fakeout! And I have learn't my lesson. This time I am looking for...
This is a clear bullish continuation of the trend The sellers at 9400 - 9500 are going to run out of puff soon.
9400 is a critical resistance level I can't imagine the number of sell orders that are sitting around there. As soon as price gets anywhere near it it gets instantly zapped. Once this level is broken we will go up like a rocket.
Hi everyone, This is my prediction as to what is due to happen: We will see potentially some horizontal consolidation with fairly low volatility. The buyers at $8848 will support the price if it gets down there. My stop will be at $8816 That gives me $376 risk per btc of leverage I want to take around $1000 of risk so I will trade 3btc. I expect the price to...
Just keep trading the wedge pattern. Stops go below the base of the wedge.
My crystal ball tells me... BTC to 8860 in next hour or two See chart for my rationale
Clearly BTC is now massively overextended. Sure that trend was fun, but trying to trade it now is fraught with danger. I am going to buy next when price meets this blue arrow