BloomTrader

BloomTrader Updated 

Short summary of this trend analysis idea: SEC Decision Date The United States Securities and Exchange Commission (SEC) has postponed its decision on a Bitcoin exchange-traded fund (ETF) multiple times. The SEC set a final deadline for Feb. 27, 2019. Historically, news about a Bitcoin ETF has influenced the price significantly. And the price is now locked in...

BloomTrader Updated 

I’ve been following the price of ETH closely for the past couple of months, and narrowed the trend inside a Fib-channel. The price followed a downward curve now almost approaching its bottom shown in the chart. The green box is the area where I expect the price to reverse going into 2019. Price range $110 to $75. We could go up from here, a backtest of $100...

BloomTrader Updated 

BTCUSD The convergence of trendlines into a singular point. The mean-trend is in white.

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Hey don't worry, this will be the new reserve currency :)

BloomTrader Updated 

For reference purposes, no trading advice

BloomTrader Updated 

Good day traders! This is a newly developed technical indicator. Defined are two phases of market momentum reversal in relation to Fibonacci. Outlined is an average curved band for buying and selling. >You could view it as an overlaid geometrically curved RSI indicator. ;) The average-band is based on 4 different normalized historical datasets of decline and...

BloomTrader Updated 

What this bear market comparison with 1929 reveals is that down trends can take a long time to be broken. The strategy here is to remain cautious going long and stay focused on the fundamentals. Small history excerpt: The Dow lost over 89% of its value before the market finally made a reversal. After the Wall Street Crash of 1929, the Dow began slowly to regain...

BloomTrader Updated 

The support and resistance minefield. Added Nikkei, the Japanese stock exchange made a parabolic move trough-out the 80's peaked in 1990. See any correlation?

BloomTrader Updated 

Massive bull run incoming after correction is over. This macro chart shows the relative correction ratios of three bear markets. The bear market of BTC 2018, 2014 and that of the Nasdaq during the dot-com period. The speed is equalized, and the price action is aligned based on the percentage decline from the peak. Bitcoin slipped below 1/3 the price of late...

BloomTrader Updated 

An updated simple and clear technical prediction of the end of the bear market. A broad support cluster of 4975 to 3000 dollars which does not seem to be breakable, time will tell. It is necessary for Bitcoin to mark a clear bottom in order to make a definitive change. The arrows are aimed at the beginning of August for a break of the down trend line. With the...

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Updated overview

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The last steps to a tipping point of a wave that has been in the making for more than 20 years, and will probably herald the start of a long bear market for Amazon. This is a great short opportunity. A break below the trend line of the last phase can be seen as a short signal. A close of a weekly candle below the phase 4 trend line. It is at least expected...

BloomTrader Updated 

When is the end of the bear market?, how low will we go? The Bitcoin craze has long been compared to the dot com bubble. This line chart outlines the relative comparison between the two. when the historical Nasdaq chart is placed on the same relative level as Bitcoin, the support/resistance levels 3,10,20 & 30k become visible on the relative Nasdaq chart. This...