Poukitoun

Poukitoun Updated 

LBC has just broke out from it's long term downtrend and is repeating the exact same reversal fractals it did in 2017. imgur.com

Poukitoun Updated 

Interesting to see how the price of BTC is so well geometrically constructed, there seem to be multiple points of gravity/pivot points when the price gets compressed or when there is a change in price direction. I have noticed similar patterns at much wider time frames. I wish I had more knowledge in Maths/Physics to further elaborate on this. If you have any...

Poukitoun

I think the chart speaks for itself but I would be happy to elaborate in the comment section :) Forgot to add the RSI is meant to read Bullish divergence and the major resistance / support moving average is EMA 150, which is the equivalent of 21 EMA on the weekly.

Poukitoun Updated 

This is just a Coinspiracy ;) CME Futures contract dates + Major trend lines

Poukitoun Updated 

let see how this black curve acts as a support :) If it breaks there are still my two major support lines in pink First Higher low since April 18 On the daily chart MACD looking still wide open EFI still above 0 RSI above 50 On the weekly chart overall increasing volume we are extremely close for a cross in the MACD RSI making the first higher low EFI...

Poukitoun Updated 

Bitcoin is very close to a major trend line, this line has acted as strong resistance and support for the last few years. A break lower of this line would mean for me a longer downtrend to approximately 3500 and a next ATH by the end of 2019 / Q1 2020. Are we ready though for such a long term 'quiet' market when there are so many exciting news in the world of...

Poukitoun Updated 

This idea depends on how BTC will behave in the next few weeks and how Bitcoin ETFs will impact the cryptocurrency market in general. LBC is currently ranked #289 with a market cap of $20.30 M USD. With a line of good releases this year and potential good news LBRY could easily retest the all time highs or even go beyond that. This coin has previously behaved...

Poukitoun

I will update this idea soon with targets and some description :)

Poukitoun Updated 

Hi all, In my quest to learn more, I have decided to keep posting more ideas. You are welcome to join in & share your thoughts :) Previous post I had the major resistance line shown 'wrong' as I was not working on log scale. Thank you all for commenting, I have learnt another valuable lesson! I have to say though it is still difficult for me to know when...

Poukitoun Updated 

Hi all, This is my first published idea, hopefully this idea will bring another perspective to the conversation regarding where Bitcoin is heading. I have noticed recently that many BTC analysis seem to have a different major resistance line than the one I have established since January which was established between the ATH in December and the second peak at...