Bitcoinnoisseur

Bitcoinnoisseur

Hey team just wanted to do a quick write up on BTC... We just saw a good breakout from our triangle, with decent volume on the 4H chart. We were expecting this as these kinds of formations will more often than not break to the upside. This is a type of continuation pattern. Usually after a big rally, we will see some consolidation from people taking profits, as...

Bitcoinnoisseur Updated 

Greetings fellow traders. Sorry its been a bit since my last update. Been busy with a few things. But here at last we will take a look at BTC... So as we can see, bulls and bears have been battling it out for what seems like months now, leading to a lot of chop around the big down trend line. We have had a false breakout, followed by a sudden drop which the bulls...

Bitcoinnoisseur Updated 

Hey guys wanted to do a little update on BTC, last few days have been exciting... After breaking that long term downtrend, we just tapped 10100 before plummeting over 15%, coming to rest around 8200. This seemed to me like a last ditch effort by whales to capitalize on pre-halving FOMO before shorting it back down to resistance. They may have had lower targets,...

Bitcoinnoisseur

Hey there trading crew! Today I would like to introduce you to a project of mine I have dubbed the "Trend Catcher" "What does it do?" you may be asking, well, the answer is simple... It catches trends! A little backstory to this project...I have been spending the last 2 years playing around with trading bots of various kinds. I was less than satisfied with the...

Bitcoinnoisseur

Hey guys just wanted to do a very quick rundown on BTC and some Support/Resistance levels and how they might play out... Much to my surprise we got a little bit more run up and just kissed 10k before dropping back down a little. To be perfectly honest I wasn't sure how long we could sustain above 9k and thought we would have seen a correction by now, but hey,...

Bitcoinnoisseur

Hey guys, Happy Sunday! A quick update on BTC... After that exciting little rally last week, we topped out at around 9400, and settled into a range between about 8600-9000. This is a pretty heavy resistance zone, as indicated by the VPVR as well as the big overhead trend line starting from the highs posted in July 2019. I had mentioned a few days ago in the group...

Bitcoinnoisseur

Hey crew just wanted to give a quick recap on today... So BTC finally made its move after a few days of sideways action after breaking out of the bull pennant . It went back and retested the support a few times before finally blasting off this morning. We got our big influx of volume and within a few hours BTC smashed through all 3 of my targets, coming to rest...

Bitcoinnoisseur

Hello fellow traders. Wanted to give you a quick rundown on how I am seeing BTC right now... A couple days ago we broke out above previous resistance at ~7450 and went up to around 7800, where we quickly got knocked back down. However, the resistance at 7450 has flipped to support and we are trading in a new channel. I am also seeing a Bull Pennant forming, so...

Bitcoinnoisseur

Hey guys, wanted to run down what my thoughts are on BTC. I will try and keep it simple with what I am currently seeing on the charts... After our massive drop a couple weeks ago, we have bounced back fairly well from the mid-3000's up to ~7450, and back down to around 6800 where we currently sit. Volume on the bounce was good, but has been declining since. The...