PawelHodurek

PawelHodurek Updated 

Hello Everyone, Mike Novogratz suggested to look at Bitcoin to Dollar chart. As on TradingView is only XAU/BTC, I inverted scales (red candles ago up). Mike Novogratz suggested that breaking the line can turboboost the Bitcoin price in relation to other assets. Indeed, if wee will se at the chart, we see there is no significant breakout still (in relation to...

PawelHodurek Updated 

Hello Everyone, Price is still fighting but if will go a little down... It will be almost a perfect bounce. ;-) Let's see what would be on Monday. If we would need not to generate any gaps on futures than the price should go back to at leas Friday's close... But let's see what the time will brig to us... At that time everythings possible. As always, all best...

PawelHodurek

Dear Everyone, This break-out has to be confirmed. The price shall to retest broken resistance... Regards, Paweł

PawelHodurek Updated 

Dear Everyone, Of course we cannot predict future. We are not prophets and we do not have any crystal ball (at least this magic ;-) )... However, we know some formations they could appear and are possible in the nearest future... The picture is so simple as in kindergarten. So, that does not need any explanation... Regards, Paweł

PawelHodurek

Hello Everyone, I just try to look at at the BTC/XAU ratio... I needed to make Gold / Bitcoin with iverted scale - red candles are going up... Regards, Paweł

PawelHodurek

Hello Everyone, As ether is not manipulated as bitcoin, has much clearer technical situation of its pricing. That is why I decided to not overcomplicate if it is not necessary... What do you think? Which way ETH will decide to go? Regards, pH

PawelHodurek

Hello Everyone, What do you think? Whishfull thinking? ;-) Maybe... ;-) Regards

PawelHodurek

Hello Everyone, Look at the 15-min chart and look to the volume! Two candles with biggest volume have huge "shot of demand" - doji and the large white one... Maybe BTC found new support... ;-) And maybe it is time to start the accumulation phase... ;-) With regards, Paweł

PawelHodurek

What do you think? ;-) Is it possible?

PawelHodurek

Hello Everyone, This Wyckoff cycle seems to be much quicker than previous.... Regards

PawelHodurek

Hello Everyone, We have completed a distribution oattern according to Wyckoff cycle theory... school.stockcharts.com PSY—preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC—buying climax, during which there are...

PawelHodurek Updated 

Hello Everyone, We see the news with "moonshining price of Bitcoin" - true wave of euphoria... Despite ones today's candle is little black (red) at the moment - keep in mind... ;-) Some indicators at dayly candles are totally overheatted (exactly - were yesterday). Yesterday's RSI was over 80 while is over 70 for 7 days - keep in mind... ;-) At Sunday we will...

PawelHodurek

Hello Everyone, After such breaking up we have very hot oscillators like RSI. There is a question how we cool down the oscillators. Would it be easy consolidation with bearish divergence or would it be significant pullback. The problem is that cooling down the oscillators could generate the sell signals and provide to significant pullback. Honestly, I would...

PawelHodurek

Hello Everyone, The head and shoulders formation is absolutelly obvious. But I am rather skeptic if BTC will fall below 8260 USD... Or maybe I am wrong(?)... Regards...

PawelHodurek

Hello Everyone, Maybe we need some volume for breaking out... :-) Regards

PawelHodurek

Hello Everyone, Do we form currently Shark32 formation? We will find out when the day (24 hours) form the final candle... :-D thepatternsite.com

PawelHodurek

Two long scenarios: First with dropping up to 15th March (with golden ratio 56:32 days) Alternative - bottom was reched at 1st March with low at equally 8410 :-) Which one do you choose? :-)

PawelHodurek

Hello everyone, We are in strong hands just before golden cross... :-D