Oversold on the daily with some room to go down on the weekly but IDC! Partial position triggered at the Golden ColorPrice as mentioned on 08/04/18. Missed the last 351Sat so got on this one. The next move up will be explosive! #FreeColorChart #TheColorChartist #GbazStyle
Waiting to see if we can get to the 6800Sat/XRP to add to my position - If you don't have a position yet on XRP, you should go buy some. The break of the Red area might happen soon. #FreeColorChart #TheColorChartist #GbazStyle
Hi guys, I don't post often so wanted to give an update on why I think we are not going much lower on BTC. 1. We have broken out of my descending trend-line (Everybody draws it as they want, for some it as not been broken yet, MINE has)... 2. The price has already tested my yellow dotted descending trend-line and found support there... 3. The William's %R...
The backtest of the new oscillator (William%R) I recently put on my chart on the lower time frame was kind of satisfying. Taking a look at a higher time frame (Weekly) reveal an oversold condition for BTC. I personaly do not expect a major dump in the market, and think it's time to buy and hold. In case of an eventual dump, I do not expect to see the price going...
You guys know the ColorChartist by now. Choose your colors wisely
Just an idea popping looking at the number of short contracts piling up?!?! (on a smaller time frame at the writing of this post) If only a short squeeze could happen above 3200 open positions could be super great. Inversely I am watching the number of Long Positions that needs to go back up because its look like it is declining right now?? To save BTC Pump up...
As a novice SwingTrader/Investor I am backtesting my ColorCharts, and I am agreeably surprised looking at my price lines being hit and respected. I will definitely need to work more in describing in details the reasons of my Bullishness or Bearishness - but for now just relying on the Colorprices has been satisfying for me. Basically, Red Colorprices I don't...
I don't have to speak much for my chart analysis - I hope you can see by yourself. When you're on the road do you burn the RED light??? Sorry for those who bought on the RED - I remain bullish I'm buying back at the Golden ColorPrice Choose your Colors wisely!
Short Term, I think we are replicating the same path as the one indicating by the red ellipse. Choose your Color #Gbaz #TheColorChartist #FreeColorChart #
Analysis on thinking how Bullish it could be if the amount of Short Sellers would be reduced to 18000 from the top levels where it is right now ? A violent squeeze could have a good effect! :)) We'll see! #GBaz #ColorChart #SqueezeAnalysis??
Just published a chart showing the amount of shorts diminishing and seeing the amount of long climbing -- who's going to win the battle I think the Short Squeeze in now in play. Let's make the short players close their position at least till BTC hits $7445 :)
I am seeing the number of Short positions being diminished. are we approaching a Short Squeeze.
0.618 Hold - Bullish above 3505 Sat Hammer on the Monthly #FreeColorChart #Gbaz #TheColorChartist
Colorchart showing strength with the rebound from the Magenta area, but possibility of going further down in the Navy Blue area if bearish pattern develop over the next few days. Also price entering back to a descending channel so we can definitively scoop more tokens in the Navy Blue area. No trade recommendation, just a free #Colorchart. Choose your favorite...
There is a contest out there a story contest on what do see on this chart --- let's be fun and creative and see how far the imagination could go by watching this #ColorChart
The Chart and the colors speak for themselves Are we breaking the green upward trendline?? I'll put a limit order at the Magenta Colorprice --- we are going to visit down there. #Gbaz -- #TheColorChartist --- #ChooseYourColorWisely
Just trying to have your feedback on a short position setup. Would you take it or not??? Entry: $0.34876 Stop Loss: $0.35755 Target 1: $0.2991 --- Close half of the position Target 2: $0.2651 --- Close the second half of the position #FreeColorChart --- #GBaz. ---- #ThecolorChartist