EtherMinerLSO

EtherMinerLSO

I see a strong bullish divergence on the 4h chart. Additionally Bitcoin undercut its established trading range, suggesting a bounce back into the trading range and even higher. If we would have a breakout of the trading range to the upper side I'd be bearish, the RSI alignment and the undercutting of the trading range give me some bullish confluence. Longs will be...

EtherMinerLSO

Let's see if we break this short-term established channel to the up- or downside. A little pump wouldn't be a wrong thing in my opinion. Hope on the bulls! Cheers!

EtherMinerLSO

Ladies and gentlemen, you are very welcome to place your bets on which CME Futures gap will be closes: Is it the CME Futures gap #1 at the 3.5k region? Or will it be the CME Futures gap #2 which is at the 11.8k level that is going to be closed? What do you think? I personally consider myself a Bitcoin bull, so you figure which gap I'd love to see closed. Cheers!

EtherMinerLSO Updated 

Just look at this potential beauty! After dumping into the 7.7k region the price of BTC would recover and if the head and shoulders pattern (H&S) plays out, shoot itself up into the 13k region. This would be a high timeframe (HTF) pattern masterpiece, I personally would love it! Cheers!

EtherMinerLSO

BTC formed a wonderful ascending triangle (mostly bullish pattern) on the 4h chart. Additionally we have a bullish crossover of the 21 EMA (purple line) and the 50 MA (bluish line). It is currently having its 3rd touchpoints with the upper line of the triangle. A break out is imminent, my 2 sats say it's going to be the upside, as we have put in a nice round...

EtherMinerLSO Updated 

Hopefully the plunge in price didn't took you by surprise. Now that we hit a weekly order block which acted as resistance and support for a long time, things could get interesting. A bearish retest to the top of this order block and then acceleration to further downwards action is in play.

EtherMinerLSO

Bulls regained the important 200 daily SMA which is a vital indicator to decide whether we're in a bull or bear cycle. My fellow trading friends, I guess it is time to fuel our spaceship, forget about ney-saying oracles, fill our bags to the fullest and get ready for some moon action. I'm looking to place some longs, will keep you updated! Cheers!

EtherMinerLSO

RSI is making higher lows (bullish signal) as price is forming lower lows (bearish signal). Although price action is the more indicative indicator we see that the price swings to the downside lost their steam and it's looking like a correction to the upside is on it's way. I have a feeling that bulls are up to something. Go Bulls! Cheers!

EtherMinerLSO Updated 

could go down some more (my hope max. 7.9k) but when bulls stop sleeping and step in heavily I see a lot of upside ..

EtherMinerLSO Updated 

The dream of every CME-gap trader: First we well visit CME Future gap #3 which is the youngest in our CME-gap family. After a mid-short bull-bear fight at the daily support/resistance area at 8930 bears will continue to gain strength as new market participants feel for the first time the rollercoaster ride of emotion the volatility of crypto assets causes. Weak...

EtherMinerLSO

Bitcoin had a wonderful run up in the beginning of this year. Hopefully all of you took some profits as Bitcoin was above the 10k region. On a monthly scale btc didn't make it past the monthly resistance (blue line with "M") and was also rejected by the oder-block (red box in which the wick of this monthly candle lies) of Feb. 2018 which was in the following...

EtherMinerLSO

Let's see how this scalp trade turns out - on the 5 min chart we had a bearish retest of the 21 & 50 SMAs.

EtherMinerLSO

If the bearish move continues here a rudimental plan of how I am going to play the market. On the other hand, if bulls take control I am looking for a series of entries beginning at the 8900 level. When below 6k plays out I'm gonna accumulate like hell.

EtherMinerLSO

As we all know BTC is trading since weeks within a continuously tighter trading rage symbolised by the dashed lines. As always there are many possible interpretations of the chart and the overall pattern which can be underlining a bullish (bullflag) or a bearish (descending triangle) scenario of the days to come. One things seems to be sure, the launch of the...