Many good news in the media this last week, specially coming from big player like JPMORGAN about bitcoin, this is starting to look like a place where they might distribute, to reacumulate again in the 12k area, liquidate some big longs in the way, refuell their pockets, and draw new ATH in 2021. Nothing comfirmed jet, just suspicious. still bullish (very) in the...
The parabola lows of the current price structure can already be drawn imo, im gonna left this here just for the record. I want to see this hold, as simple as that.
Just an update of my last idea, ether moving nicely as expected, but still one last resistance ahead. If price is capable of closing above this 460$ area in weekly candles (the blue area in the chart), I see no resitance till 800$. This is just a crystal clear BUY EVERY FOCKING DIP.
Two key points I will be looking to buy, 60 sats is a clear support/resistance area, so I will be looking to fill some buy orders. The other point, clear resistance at 100 sats , close above and I will be looking to buy any retest
Orange box is where I will be looking to fill some buy orders for the long therm.
Clear range breaking down, if price is capable of closing back inside, I will be a buyer aiming for mid and high range.
A trade I will be looking to take if the scenario plays, break below the range, fake breakout and range recover, and I will be a buyer at the retest of the range lows. Similar to what happened from march to jun 2020 (orange box).
Clear close and consolidation above orange box, and I'll be a buyer. If not, I will be looking to buy at the blue box, around 100 sats.
Crystal clear chart, desceding channel drawn after 4 months of correction, break and close above the wedge and the redline , and this is a clear buy for me.
I'll be looking to buy if we get a sweep and recover the range, for now bearish pattern in 4h pushing price down, 14-12k sats main objective.
Just a little update of my last idea, about some confluence with previous waves. - There is a clear symmetry from the minimum to the maximum of each cycle. There is approx. the same distance from the minimum to the halving, than from the halving to the next ATH . In first case 54 and 52 weeks, and second 77 and 75, with just 2 weeks of difference in both...
I want to see the price clearly close and consolidate above red triangle as a reverse sign. In that case i will be looking for those objectives shown on chart.
As title says and as shared, ether been looking prime for months, not looking to sell any and just buying every dip.
After trading bitcoin for 8 years, I noticed time ago that btc likes to move hard at the end of every year end, drawing ATH, the lows of the cicle, or breaking key areas in weekly chart, so I just came in with this. Every box takes a period of 5 months, from the start of october to the start of march. Bitstamp is the oldest chart abaliable in TV, so does not show...
First attempt to break above the weekly range end up with a sell off that retested nicely the broken bearish trendline, holding strong for now. Demand is pushing harder every day, don't know how much will hold, it may range a bit here, consolidating above the range, but a retest of the ATH is on the play imo. I will repeat again, as I´ve been saying for weeks,...