Hey fellow battlers. Well look at what we have here, a pump... FINALLY! So why?...There is NO shocking news to make such a thing happen.... the trade action has been dead silent for a long time. But lets think about this, and what we learnt from the past... In the past year we have had the rug pulled out from us more than once... Later we find out something got...
HEY TRADERS! Looking at some fundamentals coinciding with some technicals lead me to believe the current bear market is wrapping up. 1. The Launch of BAKKT in 2 weeks by ICE Intercontinental Exchange. The organization behind the NY Stock Exchange is launching Bitcoin futures, backed by 12 high profile investors, including Microsoft and pantera capital they...
An optimistic take for the year if BTC really gets Institutional money pumping in for the year once BAKKT is launched Jan 24.
as the last monthly of 2018 is over, let's see what we have : Well, the rsi that's just a little lower, and the stoch that should join him next month with a new candle. One can also notice the bearish div between April 2013 and fev / March 2014 on the rsi and stoch, which had caused the decrease, and then a bullish divergence between July 2013 and March /...
Breaking out of the falling wedge I'm expecting sidewards movement for the next couple of days as the bears and bulls take their positions for the next big movement. If the support is broken, I see ~2500 for Christmas, if resistance is broken, I expect a run up to 5500. Using the Elliot wave is think this latest fall was Wave 5 : The Final leg in the direction of...
Today BTC felt down to all time low in 2018 with price range from 5000 to 3800. Hence, the bearish waves shown indicated BTC is still progressing on short continuation. TA use for this is Icloud, Stoch RSI and MACD. All indicators were favors towards bearish sign. There is no support line that solely shown for retrenchment. The limitation on TA conclude further...
Daily chart showing a formation that is happening, starting with a leg down before going back up. IMPORTANT NOTE: -There is a possibility that ZEC will be added to coinbase, which might pump the price up earlier than expected and invalidate this chart. -The BAKKT release date is also coming in decemer which will slowly start hyping the BTC price up -> which...
...before BAKKT or not/delayed launches. Stay patient - Cryptos Not Dead.
Caution) The main chart above is for BTC. The Coin Market Cap chart is in the comments below. - If you like this, please "follow" and "Like"~^_^ 1. Total Coin Market Cap 2. A Comparison of Total Coin Market Cap : 2014 vs 2018 3. BTC Cap(red) vs Alts Cap(blue) 4. A Chart for Futures(CME, CBOE), Pattern and etc 1) The Comparison of Coin Market Cap(Coin...
If the uptrend support breaks, we have a much larger support just Below, if this breaks we will see much larger scale move downwards. If we get a text book breakout of the downtrend resistance, i belive we will see btc at 6800 fairly quick. and with the bullish catalyst "Bakkt" it will kick start a new bullrun If btc trades sideways out of this, and bounces...
According to anonymous source, next week Bakkt could get approval to launch its physically-delivered Bitcoin futures product from U.S. Bakkt is an Intercontinental Exchange platform, seeking to create a “regulated ecosystem” for institutional investors. If regulators will approve the project, Bakkt will start launching Bitcoin (USD) daily futures contract for...
Good morning, traders. Bitcoin is doing what Bitcoin does lately -- continuing to consolidate. We are getting a good rally from last night's reactionary low near $6400. This morning we can see buying pressure pushing price back up toward $6500. Bitfinex has been carrying a bit of a premium and continues to do so this morning as it is sitting about $50 higher than...
Here's another Bitcoin Macro Analysis: 1. D1 BB is max squeezed since the start of 2018 - high volatility major move soon (up or down) 2. volume is consolidating/declining - end of correction soon (move up or down) 3. some alts are starting to pump: XRP, BCH, LTC (both bullish or bearish) 4. shorts have declined from the record highs 40000 but are rising again...
shorts/ longs crossing while serious uptrend much beware
-Estimated this entry will be drive by ETF announcement -The key strong resistance only can be break from bakkt announcement -Whichever entry come first will be good, wether SHORT or LONG. simple and straight forward, if the market only move as per normal without any news driving it 3rd week or 4th week will be good for decision making.