DaCryptologist

DaCryptologist

Looking at this diamond pattern forming on 1/4 hr TF, which may be signaling a reversal. Would look for a bounce at these levels in green. CRYPTOCAP:BTC #bitcoin

DaCryptologist

CRYPTOCAP:ETH #Ethereum still inside descending wedge. Key level to break is 3.5k. 4k TP if it closes above top of wedge and 3.5k level.

DaCryptologist

Breakout and retest of the top of descending wedge. Looking for daily close to hold strong above .786 (104.6k). Strong Volume has supported this breakout and is looking to push price up from here. TP 117k Invalidated if we close daily below top of wedge which aligns with key 100k level to hold. CRYPTOCAP:BTC #bitcoin

DaCryptologist

See notes on the chart. This is my bitcoin daily outlook. Looking bullish gents... Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if...

DaCryptologist

Leaning towards a strong move from this level if OBV can stay above hz support. Building a solid support base in this range. A break above 89EMA (yellow line) will be significant. $btc #Bitcoin  —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be...

DaCryptologist

$BTC on the daily TF looks like it could be making some small moves towards a reversal. Here are the things to look for... 1. Currently RSI is showing bullish div, will it play out? 2. We will need to see a close above nPOC (orange line) to signal strength in a larger move. 3. I've mapped out some targets above the nPOC where we may see rejections. 4. Note...

DaCryptologist Updated 

Bitcoin fork breakdown on H1. Tagged lower nPOC and now in limbo attempting to push back to breakdown point. I've laid out a couple of paths from here but I am expecting a dip back down to lows. Fading relief rallies is the play until HTF market structure flips bullish. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come...

DaCryptologist

Weekly looks pretty cut and dry to me. Unless we can convincingly hold above 30k again SOON, this is the more likely outcome. Could drop harder and more drastic than squiggly line. Notice the gap in volume trading ranges with strongest base at 7-9k. $btc #bitcoin —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to...

DaCryptologist Updated 

$btc #bitcoin Personally I do not want to buy into resistance. This is where you should be selling after buying the dip. At 20MA and dg trendline that had held up for months. IMO, better to wait for daily close back above 40.5. Middle grey box is chop zone. Above that would allow for plays up to 44.5k Longer we stay below 40k, 35k is in...

DaCryptologist Updated 

This is a reminder to unfollow anyone that says we are still in a bull market.. The play has been to find opportunities to fade the bounces since January. We are now looking like we will sweep the low 30s soon. Can we recover from here? Sure, but not as probable as dip lower. Stock Market has put a lot of pressure on Bitcoin as well. Strong stock market could...

DaCryptologist Updated 

Still in daily channel and holding strong. Pay attention to OBV. It bounced at key horizontal Level and trending bullish leading price up. Weekly TF is also still in bullish upward channel (will post in comments below) LTF looks like it is breaking down from ascending wedge at POC with potential to drop back down to pump of today at around 40.6. (post in...

DaCryptologist Updated 

$bntx has NO volume support until green box 24% lower... #bntx —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every...

DaCryptologist Updated 

Bitcoin has officially closed Daily below Ascending Triangle top establishing a deviation/invalidation to the pattern. Now we as traders need to be willing to adapt and shift our bias. Below 44.5-45k, we are back in the trading range from the beginning of the year which leaves the door open for a retest of range lows around 35k. Personally, I think bulls need to...

15:28

DaCryptologist

Diving into the chart and giving you a breakdown of the Daily and H1 chart of Bitcoin!

DaCryptologist Updated 

$btc #bitcoin currently in tight range on H4 between GP and .382. Scenarios to watch: HTF support at 44.5 (can't lose that and stay bullish) LTF resistance of 47k, close above that and should unlock next breakout.

DaCryptologist Updated 

Near is looking primed to pop to nPOCs listed in orange above after retest on daily. Need daily close to hold strong above pivot. Also, watch for Bitcoin to stay above 46k on daily close. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent....

DaCryptologist

btc #bitcoin Love to see that V recovery and a H4 close above Year open. It is holding for now and would like to see a push back above GP before EOD. For now, 46.8 is the roadblock to 50k. In limbo between Year open at 46.2 and 46.8. Let's see who wants it more... Both paths listed depending on where the next H4 closes...

DaCryptologist

$IBM #IBM has been in a HTF downtrend since 2013...3311 days. Currently retesting trendline and forming a right shoulder of inverse HnS. Weekly close above 145 and PT would be 199. nPOCs at 169, 180, 197. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and...