JonR

JonR

48k is the new bottom like 3.5k was before then 16k. Just the way I see it.

JonR

On the weekly timeframe you see a multi year bear flag. On the daily you see a month long bear flag. Nervously watching my long position......

JonR

Still in BTC from many years ago. Back then, ~ 80% were doing charts for the first time. The beginners were about 75% wrong on their pretty charts. 7 years later, the experts who post are about 90% wrong (and the charts are just as pretty). It seems the desire to post a prediction is inversely proportional to ability to get it right. Do you know how difficult it...

JonR

Rare to find such a perfectly formed flag of any kind. This one is textbook. Dont be long paper except maybe for a final bounce to the bottom of the flag or top of this pattern. Best to just wait for confirmation to the downside then jump in with both feet.

JonR

Clearly, the moon is indicating a reversal to the upside. Crazy to short here.

JonR

I was wondering if technicals work with BTCUSD's relative low volumes and now it's been near perfectly confirmed. We have had a DT and fibs are nearly perfect from a chart I made on 11/28. Good news is that even with a very low volume instrument like this we have seen confirmation of Fibs and DT's, pennants and flags, trading ranges et al. This does mean that...

JonR

Nice bounce in a LT bull flag. First and partial entry anywhere in the 174.50+- .50. Stop at 172 +- .50.

JonR

in the Talks section of Tradingview on BTCUSD. The copious volume of wrong predictions and "pretty" useless advice and charts is at an all time high!

JonR

This is a buy a small BITCOIN LT allocation then forget for a while. Trade the rest, but like my buy of GOOG Aug 2004, I would have just better off holding for the duration - spidey trigger finger cost me a bundle in opportunity.