Bitcoin is in the buy zone, and we go up from here
The generally accepted sentiment is that Bitcoin has been in a bear market of late. Well that depends on your time frame and point of view. One can draw a channel showing that Bitcoin is still in an uptrend and has pulled back and consolidated within the up trending channel. Uptrends need good pull backs and we finally got one. If Bitcoin stays in this channel,...
Hello friends! If this consolidation pattern plays out for OMG it could be one of the big stories of the year! Its a relatively safe buy given its low volatility and sideways price action as it moves from the top to bottom of its trading channel. This consolidation pattern lines up with the bottom of the channel making this an Ethereum like wind up and explosive...
Hello friends! Epic weekend coming up in crypto, meaning this could be the catalyst for the next big Tron run. Using weekly candles I was able to identify key levels of support that Tron has been trading within. I was also able to identify a channel for Tron. Lets see how she performs! Love AND Peace BitBOiiii
Bull markets, bear markets, it all depends on your time frame. According to this analysis, Bitcoin has always sustained a long term bull market as shown by the all-time up trending channel. The longest correct was a much needed break as it traded down from the top of the channel. The upward movement in price resumed once it reached the bottom of the channel. As...
Hello Friends! LTC has had some remarkable runs in recent times. I've not seen anyone charting its price action in a channel, using weekly candles, yet I'm pretty certain the market makers take this longer term view to things. Adding a 21 EMA to the weekly candle chart tells a telling picture of strong support along with market maker buying activity right where...
Hello Friends! Ethereum has been a pretty darn remarkable investment. I've not seen anyone charting its all time price action in a channel, using weekly candles, yet I'm pretty certain the market makers take this longer term view to things. Adding a 21 EMA to the weekly candle chart tells a telling picture of strong support along with market maker buying...
High Friends! Welcome to an properly exciting commentary on Bitcoin! Straight up... Using BTC/USD BITSTAMP, 1 MONTH CANDLE CHART... - Bitcoin finished 2017 at precisely 13,880 - Bitcoin began 2018 at precisely 13,880 - 13,880 marked precisely the peak of the recent upward swing for Bitcoin Credit Clif High from HalfPastHuman.com who called this as a...
Gold Silver Ratio is near all time high, always corrects from here in Silver's favour
Silver sitting at the bottom of its channel ready to grind higher