demoxbt

demoxbt

Triple bull divergence on the rsi probably gets a move up, bottom is probably coming sooner than everyone thinks which means it could be in - unlikely, or its going to be in by the end of the year. Everyone thinks this time is different and buying the dip isn't a good idea. Wow i haven't heard that before, especially not during the worst pandemic in human history!

demoxbt

Aye boys were back! Last time I published an idea like this was the bottom of March 2020, don't be stupid, buy this dip.

demoxbt Updated 

Bitcoin has created a descending triangle . It is a very clear pattern. This is a post by me, because I am frustrated with the constant bullish sentiment people are pulling out of their behind's. I still eye $7,000 as a target from the drop ~ Continuation from last post. That will be all for this Bitcoin analysis! As always friends, I wish you good luck! And...

demoxbt

Bitcoin has seen some excellent swings. Learning to play them all can be difficult, but we can try to pick out some clues to the next big move! Bitcoin has struggled at the $10k level for weeks now. This is not a good sign for bulls and it shows a lack of buying power and an increased selling pressure. Technicals show a rising trendline with consistent higher...

demoxbt Updated 

Bitcoin has done it again! Woohoo! Pre-Halving pumps have always happened, and so have post-halving dumps. I have sold off my bitcoin positions and am margin short with a stop loss breaking the .5 retracement that you see in the chart above. Shorting here, with low leverage and a tight stop loss, where everyone is a bull, and news has never been better, is the...

demoxbt Updated 

I will update this trade as it or if it goes to plan. I create ideas only so often and take my time on them, I hope you forgive me for being inactive at times. That will be all for this Bitcoin analysis! As always friends, I wish you good luck! And thank you for supporting me. -Trader Demo

demoxbt Updated 

Bitcoin has seen a tremendous rally recently, and it really is too bad that it may come to an end in the mass red. After rising more than 100% from its lows, Bitcoin needs a correction to possibly re-test some of the supports it has made earlier. I see strong support at 6,600 and very strong support at 6,300. I am looking at these targets to close my short at....

demoxbt Updated 

OXT has seen a channel breakout dating back to late 2019. This coin has dropped a lot and may see a break through to the 22 cent resistance area of the descending triangle that caused it to drop so much. You may recognize this pattern from Bitcoin's 2019 run, and it's called a BARR or Bump and Run Reversal. As long as OXT closes 2 dailys above the channel I see it...

demoxbt

Bitcoin has started to drop out of control. -35% currently in a day is unheard of and unprecedented for a multi billion dollar market. We may drop further but the amount of sellers required is practically insane to go below $4,000. I am not saying it is not possible but the fact this market has dropped so much in such a short amount of time shows how much fear is...

demoxbt Updated 

There is a chance Bitcoin is repeating a pattern from the $3,500 levels! This could be a sign of a bullish reversal, and ultimately breaking the target of $10,000. Will update more if the price seems to follow this fractal pattern! That will be all for this Bitcoin analysis! As always friends, I wish you good luck trading! And thank you for supporting me. -Trader Demo

demoxbt

Litecoin is forming a potential bull flag on the 4hr time frame. Not much else to comment on this, as I am bullish on the market because of the inevitable halving that is to come in early May. That will be all for this Litecoin analysis! As always friends, I wish you good luck trading! And thank you for supporting me. -Trader Demo

demoxbt

Good afternoon traders! By the looks of it, Bitcoin is currently sitting in a parallel channel . We saw an amazing drop yesterday, likely caused by hitting the 200 MA for the first time since our $10,500 drop . The price actually dropped at exactly 6:00 AM EST, in 5 minutes. Causing record volatility on most exchanges. We can raise ourselves a red flag after a...

demoxbt Updated 

Bitcoin is in a triangle. This may turn out to be a descending or symmetrical triangle, but right now it seems to be more symmetrical than parallel. We can look for a short position at a test of resistance or here, with a stop loss at crossing the resistance, or a long position at support and a stop loss when we break below it. I do believe in the long term we...

demoxbt

With a market cap of over $1.3T, which is more than the entire GDP of Mexico, Apple is the most valuable company in the world as of writing. Apple deserves it though, and is worth some of this, but not all of it. Its valuation is mind boggling when thought about how much money $1,300,000,000,000 is. But being such an outperformer may set it up for failure. I think...

demoxbt

PTLA had itself a 40% drop on Friday. It has reached a zone with heavy support though, and is asking to be bought up. They had very disappointing sales for quarter 4, and are being sold off due to concerns over growth. They are not a profitable company, and have a market cap just shy of $2 Billion. They are one of the most innovative and new upcoming companies in...

demoxbt

Good evening traders. Before I get into this, I know I'm going to get comments below that say how Tesla is revolutionary and has technology ahead of every car company out there, and how great Elon Musk is. This may all be true, but how long will it last? What has changed in 9 months to cause a price change of 180%? This stage is called euphoria and is the most...

demoxbt

Good evening traders! Tonight I am sharing with you the importance of the 65% retracement level. You can see by the charts I have shown that are Bitcoin & Gold, topped at both the same retracement level. Now this could be temporary, but based on the reaction we have seen, we can take an educated guess that this was a topping point. I had previously posted a gold...

demoxbt Updated 

There is a mass shorting at these levels, asking to be squeezed. Bitcoin is known to have numerous shake outs in either directions before huge moves, along with tricking and trapping traders. I believe we will see another opportunity like this! If you are not already short this is the perfect opportunity for you to be able to get in at a potentially perfect...