Corona virus or not.. this is not a TA of any kind , its just a calm reminder that BTC is very cheap now. stocks and crypto panicked early, before the leaders? of our countries did. So this virus is here now. My city Oslo, is basically shut down. i think it all is already priced in. When countries now the next days will share lower infection rate, I think...
"positive bubble" and the "negative bubble" and their wild dance around the median line.
it could potentially break out and up here, but it could as well form a lower low. lets see what happens.
Hi all Here is a new possibility : Seems like alts are lagging a bit behind BTC, but this is not a problem. See how nicely it is warming up to violently leave the bullish triangle. At some point BTC will need to take a breather, and retrace. That means all the billions are moving somewhere, and a lot of that will be going into the altcoins. BTC sure has shown...
Hi all I was taking a closer look at what happened in the period from early 2015 bottom ( $165 ) to peak in late 2017 ( 20k ). Almost every leap upwards was 1,5 to 1,618 the lenght of the previous leap upwards. Almost every correction was to the 0,618. Except the last one that didnt even retrace to the 0,50 : and then it boomed to the 2,618 and crashed into a...
Hi all So the sentiment regarding alts vs btc is pretty.. depressing/disbelieving. That is how the end of a cycle feels. (look at the wall street cheat sheet) "Buy low " some guy once said. Well if that is true, where are we now ? On this log chart, it seems like this multi year channel has been pretty accurate. We are now in an uptrend, crawling nicely in this...
Hi friends. So i look back now on BTC the last bullrun and bearfest. It is pretty easy to see how crazy 20k was, and that we needed a serious correction. Actually , on November 8 2017, it looked like 5 standard waves was completed, and started to correct. if we then would have a healthy ABC correction ( in purple) , we would land on around $ 3300. but it didnt...
Hi All I am sorry i didnt post this sooner, as I both sold at the top and re-entered at 7100. Well, now we have at least finished wave 2, and started wave 3. Wave 3 is usually the most violent one, so I believe it is a good entry still. Im not sure we will see much retracement. EOS is coming with some big news in june, quote Dan Larimer. Remember in the past...
Hi All Maker, a relatively unknown coin, even tho it is a top 21 coin on marketcap.com It looks to me like Maker is going to at least generate +50% value against BTC this year. Couldnt find a chart that was long enough back in time, so I had to draw the very visible channel myself. Now it has bounnced again from the bottom of the 2 year channel, and I suspect it...
Hi guys I just cant help to be amazed about this.. Look at the perfect channel from late 2014-today. Touching the bottom line, touching the top line, again and again, until it breaks thru, then retests the top of the channel and goes parabolic. This illustrates clearly what a bubble is, and what sustainable growth looks like. And would you look at this : When...
Hi all I believe LTC against BTC is a very good buying opportunity now: -LTC made some very good profits leading the way out of bear market, before BTC agreed to follow. -1 april, when BTC spiked, LTC was done with its 5 waves, and started its retrace. - It bounced on the .618 some days ago, continuing the uptrend. -Who knows what BTC is going to do in the...
please skip back and read title again, or go straight to the answer boxes below, in the comment section :) Cheers ! what a ... special coin
this is what i hope will happen, not trading advice. this is not a bearish chart. This is a potential path to the moon.
Hi Some sick stuff is going on here.... Playing with timing of BTC up/down the past few years, it looks suspiciously rythmic. I added 2 sine lines, one half the length of the other one. When they have crossed, they have timed perfectly both sell signals and buy signals - over a 8 year period. This is pretty strange to me. Also the Moving averages cross timing...