DataPatron

DataPatron

No more to say here guys.., longs on crazy ATH here! This will be slaughterhouse of the price. Expect very volatile, deep sub 5 or sub 5k USD bottom in next week, maybe two. Take care! -DP-

DataPatron

Despite overall bearish sentiment in the market, classical charting is saying we should be prepared for upside explosion as well.. This pattern is NOT validated until confirmed breakout from the flag. Invalidation comes with breaking down the flag - very bearish signal. I hope I inspired some of you.. Take care! -DP-

DataPatron

6800 seems to be pretty interesting crossroad of supports which acted as important resistances before. Bitcoin is still bearish, but I see pretty nice potential of the mid-term bounce to 12K (price forming ascending triangle?) Bearish continuation target from here would be 5200. take care -DP-

DataPatron Updated 

Hi guys, although I was constantly against this parabola , market is showing incredible strength right now! No matter how I look at this, IF upper green resistance of the triangle will be broken, bullish pennant will be confirmed and Bitcoin will almost definitely moon to 10k. Will this go even higher? I don't think so, but never say never in this crazy market...

DataPatron

Hi guys! All irrational price parabolas in the world ends the same way! If you are riding this, congratulations, you have had very profitable trade but it's definitely time to take your profits and get out before panic selling will occur! Take care! -dp-

DataPatron Updated 

Hi guys, welcome to the last post of my quick hyper bearish series. Without any special comments, I have just cleared up some geometry in previous charts and here it is. To all bulls out there, please, stop comment about bottom is in and other nonsenses! I do not care! Thank you! Take care! -DP-

DataPatron

Hi guys. Glad to see you reading my post again. Following my previous analysis I decided to make a little bit more probable upcoming (speculative for sure!) scenario in next months. As you already know, I am still waiting for REAL capitulation event. But for now I think we will see numerous attempts to break 6150 overhead resistance in pretty much the same way...

DataPatron Updated 

Hi guys! I have decided to create this diagram to show you, how majority of the crypto community has reacted to every single counter trend rally (and "trendline break" ) from all time high to present.. I am almost sure that these series are not over and we will see a couple of more "definitely" confirmed bull markets all the way down to real capitulation. All...

DataPatron Updated 

Hi guys, as in my all previous analysis I remain still strongly bearish in Bitcoin. Don't want to write here very much, everything important is in the study! Take care! -DP-

DataPatron

Hi guys! As awaited Bitcoin has been stopped by tremendous cluster of numerous resistances (5800 overhead resistance, long term descending triangle, 50 week EMA (350 day equivalent)..and others. Sellers seems to start to take their control back. From the mid-term perspective I expect almost definitely retest of the years lows 3500 and some consolidation before...

DataPatron

Hi gyus! It seems Bitcoin has reached local top slightly below massive resistance zone from 5800-6000 usd. All indicators are screaming we are at the local turning point. In this case I see very lucrative short opportunity as the first support lies way way below at 4200 usd. My max target is 3800 support cluster zone. Good luck and take care! -DP-

DataPatron

Hi guys, here is my updated PURE SPECULATIVE 2 year "crystal ball" prediction of the price of bitcoin. I see potential capitulation not sooner than second half of this year! Take care! -DP-

DataPatron

Hi guys. As you can see Gold is forming pennant what could mean continuation of the current consolidation phase. If we will see break to the upside (more likely) gold could rally up to 1400 levels. Breakdown from here would return to some previous supports (1240, 1200) Take care! -DP-

DataPatron Updated 

Hi guys! These volatile times are really exciting but as I mentioned many times before, we are very likely not out of the worst in cryptocurrency market. Short term is Bitcoin currently sitting slightly above 5K and I expect this rally will end at major resistance 5800 after some flash correction to 4800 4900 levels. Despite overall euphoria and positivism in the...

DataPatron Updated 

Hi guys! Bitcoin bulls seems to be out of steam as we reached extremely overbought levels. So awaiting pullback has just started. I do not want to be negative, but looking and overall picture, we are still not definitely out of bear market. In my opinion there is very high probability we are going to retrace at least the whole spike from 5500 to 4200. But for the...

DataPatron

Bulls are still strong, we can see final push to the upside to 6K overhead hard resistance. After that you should await very deep and long correction Take care! -DP-

DataPatron

Hi guys, as I mentioned before, this consolidation period had to end with some bullish action but not so fast as we have seen today. Candle like this was really unexpected but you know - crazy crypto and even crazier market makers ;) But I am sure we have reached local top. I have just redraw my downtrend channel to nice and symmetrical one. Bear market can...

DataPatron

Hi guys! Ethereum as other major cryptocurrencies is in decision phase where to go next days. In my opionion it's only about how the price finish consolidation phase before final capitulation. I expect short term more sideways (120-140 range) or final strong push to the upside to retest 200 heavy resistance (bull trap). Mid term still looking weak with potential...