SecludedJ

SecludedJ

On the 15 min TF, it appears the uptrend has been broken and retested.

SecludedJ

Looking back at Bitcoin's behavior, we can see a clear missing element if this thing is going to go "moon" or to $6200 or whatever number people want to project. This is really shaping out to look a lot like the first stage of the correction we had over the summer when you compare the purple boxes with some slight differences in volume and shape due to FUD. But,...

SecludedJ Updated 

The main argument among traders and investors right now is whether or not we have completed the correction. I have been diving deep into the previous correction for the last two weeks to try to get clues as to where we are in this correction. I have divided the previous correction into four quadrants indicated by their color coding. I have also done this on the...

SecludedJ

Just an observation. It looks like we are at a point that has been a key determinant of run ups or break downs in the past.

SecludedJ Updated 

Copied the support and pasted as resistance... interesting.

SecludedJ

The Down Jones became overbought right away after Donald Trump won the presidential election. He made promises of an incredible tax plan, even though the economists stated it didn't make financial sense and would significantly add to the countries debt. We have been overbought ever since he won, and have been showing a bearish divergence for months on the weekly...