Market Update - NANO/XLM/BTCTaking a break starting today for a bit. Won't be updating my charts until at least Monday. Just outlining some possibilities, since we're still sideways, though some alts are looking strong. Bitcoin and Many alts are at or near major resistances, so now is the time to wait to see what happens. With BTC, I forgot to mention in the video the possibility of a new falling wedge (in green on my chart). This would be very bullish, as it would build buying pressure on the long term bear market resistance (pink).
This video isn't financial advice. It's what I'm seeing in the market today. For educational purposes only!
-Victor Cobra
Cryptotrader
The Ethereum Bottoming Fractal Explained! Here's a video analysis of what I've been seeing with Ethereum recently. Hope you enjoy!
By the way, I'm seeing this bottom fractal occurring on some other altcoins as well, not JUST Ethereum, but didn't want to make a super long video this time.
Good night and good luck!
This is NOT financial advice, and I'm not a professional. This is my hobby and I'm doing this for speculative purposes only.
-Victor Cobra
March 11th - Bitcoin Market UpdateFollow me on twitter and check out our exciting Youtube channel!!!
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Resistance: 61.8% at $3,920
Support: 31.8% at 3,620
Stop: $3,600 or 2%
Trade Setup: I'm still long as long as we trade in this dumb zone between Support and Resistance . If BTC breaks above resistance I'd be looking to reinforce positions possibly. Likewise If I get stopped out at $3,600 I'll be watching the market closely for new trade setups.
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
What I Think About TA, And Why I Love ItJust wanted to do a short video on the Bitcoin chart about how I feel about TA - what I think it is and also why I find it interesting. I hope someone finds this video interesting as well, and I'm curious to hear people's thoughts.
This is not financial advice. This is purely an educational video, and it's based on my own observations, assumptions, and opinions.
-Victor Cobra
Why My Coin No Pump? - Market Update + NANO, WTC, GVT AnalysisWanted to do a video on why some coins are stagnating and why some are doing very well. Sorry for the provocative title. :P
This video is not financial advice. It's purely my opinion based on my own observations. Would be happy to hear your views as well. Sorry the video is long. Wanted to get it off my chest before the weekend.
-Victor Cobra
March 8th - Bitcoin Market UpdateFollow me on twitter and check out the exciting Youtube channel!!! First live event today.
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Resistance: 61.8% at $3,920
Support: 31.8% at 3,620
Stop: $3,850
Trade Setup: I'm still long as long as we trade in this dumb zone between Support and Resistance . If BTC breaks above resistance I'd be looking to reinforce positions possibly. Likewise If I get stopped out at $3,850 I'll be watching the market closely for new trade setups. Need to record my gains!
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
Accumulation and Shakeouts - How To Predict A Potential PumpMy First video idea. Just wanted to talk about something I've been observing in the market recently. This is how I was able to predict the recent ICX and ONT rises.
Hope you enjoy!
This video is not financial advice --- meant for educational purposes only!
-Victor Cobra
March 6th - Bitcoin Market UpdateFollow me on twitter and check out the exciting Youtube channel!!!
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Resistance: 61.8% at $3,920
Support: 31.8% at 3,620
Stop: $3,600 or 2%
Trade Setup: I'm still long as long as we trade in this dumb zone between Support and Resistance . If BTC breaks above resistance I'd be looking to reinforce positions possibly. Likewise If I get stopped out at $3,600 I'll be watching the market closely for new trade setups.
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
Is Bitcoin ready for another impulse? Good morning TV,
I usually post my video analysis privately for my Cryptosomniac Advantage community but figured I'd do a public analysis today. Here are some of my thoughts:
“I can’t be involved in 50 or 75 things. That’s a Noah’s Ark way of investing – you end up with a zoo that way. I like to put meaningful amounts of money in a few things.” – Warren Buffett\u2028\u2028
- Seller exhaustion being seen in volume and the lack of strength in price drop
- We are finding support exactly where we need to golden pocket 618 fib and not too far from the descending trend line resistance we once had
- Bullish divergence spotted (1h time frame coinbase rsi also on 4h)
- Support at 3750 (prev. Bull flag) being tested on the daily chart\u2028
- Points to focus on right now: Close above $3910 or close below $3655. Anything else is just sideways ranging and noise
- Wicks are hunts stop hunts for longs and shorts - just a battle between the two
- Elliot wave 5 wave structure on daily takes wave 3 up to $4800
- BTC loves 786 fib
- LTC trade of average $44.2, $47.1, and $49
- Potential symm. triangle/ascending triangle target takes us around $4400 - this is exactly where the next big supply zone is
March 5th - Bitcoin Market UpdateFollow me on twitter for more constant updates. I'm very active on there for intraday updates.
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Resistance: 61.8% at $3,920
Support: 31.8% at 3,620
Stop: $3,600 or 2%
Trade Setup: I'm still long as long as we trade in this dumb zone between Support and Resistance. If BTC breaks above resistance I'd be looking to reinforce positions possibly. Likewise If I get stopped out at $3,600 I'll be watching the market closely for new trade setups.
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
Feb 18th - Bitcoin Daily Market Update + Risk Mgmt + Profit takeFollow me on twitter for more constant updates. I'm very active on there for daily updates.
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.