Hellooo friends from (very sunny) Munich! :) BTC broke higher since the last idea, and just like anticipated, breaking through 8.000 psychological first, and reaching 8.500 with the Highs (I had predicted 8.600 looking at previous resistance). A few things are clear: 1. We have to consolidate and form a Daily Higher Low. We're at 4H 12 EMA right now, and can...
My analysis showed the ending my this bull structure ending around 8400-8600 area and a potential reversal back down to the $7000 and then $6000 range. This would continue our overall bearish pattern for the last few months. I am totally ok with us going higher but I would much rather wait to break $8900 to see if this is a real bull rally or a fake breakout. This...
After coiling for days, Bitcoin and Ethereum both made monster moves up (currently both up over 5%). Going into the close (7pm CT) I would expect to see some profit taking with hopes price settles above 8000, which would be a good sign for bulls. WIth that said, the algos have become quite efficient at running stops. On big up days like this, you'll typically...
Now that we have broken the little range and not pulled back we have not got a great deal in the way resistance wise until around $9,700. Yes there are some round numbers ahead but I don't see these levels as hugely significant. I am hunting long trades.
Hi guys , i decided to make a video to explain my wave count to those who understand Elliott Waves , it broke major lows recently and i believe we got more to come. Hope you find it useful , you got the comment box down there for any question , comment about it. Goodluck!
Alright guys. Everything is explained in the video. Hope you guys enjoy. God Speed Gents, Mr. Manbearpig
Hey guys, hope you had a great weekend! ;) Grandpa BTC managed to follow through on the Daily/4H consolidation since the big spike last Tuesday: We're right now at the important previous resistance zone at 7.800! On the weekly we see some nice follow through, at 12 EMA resistance right now. On the 4H we've perfectly uphold 12 & 26 EMA as support during the...
Bitcoin remains in it's $300 range on the mid time frames. I am patiently waiting to see if we break down to offer an entry on the higher time frames over the coming days or we push up and may provide some shorter time frame opportunities. I also throw in at the end a chart I am stalking closely for a breakout.
BTC to 8400 ? Ethos to 10 bucks this year ? Also looking at BCH, OMG, ETH and others.
Hellooo guys, hope you had a great week! ;) Grandpa Bitcoin is on full consolidation mode, which is very normal after the huge run-up. We barely upheld the equilibrium of consolidation: On the downside, we have slightly fallen to 6220 (before we had 6249 as lows), but it's still fine. The range to the upside is the clear 7.600, even though we have one ugly...
Hello everyone, i ran out of time on video (its hard do capture everything). I didn't have time to put elliot wave on impulse but like i said, i dint really use elliots until bullish move up is confirmed. I would have to see strong pass with nice close above yellow resistance line. I think We will see a lot of price action between 7775 and 6700 closing triangle...
Yes, the market has witnessed a pull back when we look at most of the top-10. So why has bitcoin not pulled back? All I know is what I am looking for as a trading opportunity long.
Hope you enjoyed my analysis and if you have any questions please shoot them here! I also do YouTube webinars and have tons of videos on TradingView.
The market had a solid step forward yesterday with some very big moves. Today I sit back and wait for the pull back which is in progress. The next 3 hours may offer me what I am after.
A short take on which of the two big boys should be stronger on the upcoming short-term rally. We examine BTC and it's price action vs ETH and its price action.... Time to get ready for a quick pop, to say the least...this pullback is looking solid for entry into another crypto rollercoaster :)
Thank you community for always supporting my analysis. I am glad that people see my analysis as pure, non-ego TA. I strive to deliver nothing but the truth of the charts. Hope you enjoy my analysis! I also do webinars on youtube for our Cryptosomniac community. Cheers!
I have been waiting a very long time for this clear higher low and strong trend reversal. Now I have it I can say with conviction that I am a bitcoin bull. I know exactly what I am looking for to be bullish and to see a strong trend reversal, I now have that and explain it in this video.
Hope you enjoyed my analysis. I have been a trader in the equity markets for 10.5 years. One piece of advice I'd give to you is, do not trade against the trend. Be very suspicious of this rally and keep your eyes on the $8.5k level, $10k, and $11.7k levels. Sure you'll miss some % points on the way up if you buy at the bottom but a majority of novice investors do...