So, it did find support at 11300 and went to 12k, and back to 11.5k and up again. crazy huh? but, you can see it is making a triangle. and i think we have at least 60% chance going to 13k after the consolidation. triangle pattern is a one that needs endurance. when people get crazy about the parabolic move, they tend to think, it would keep doing it again, or...
BTC broke down the parabola, just like the past 2 run to 12~13ks. seems like a promised,usual habit, or move. this is the reason i trade btc. it does not lie with charts. inside a triangle pennant from june, it finds resistance and corrects. of course, at times like this, low volume, we see whales manipulate with price. we saw price rose above the resistance to...
hi guys. btc is falling. i will share simple trading plans. as you see btc formed falling channel. so now, 10,000 is big resistance, maybe a number you would not see in coming days, weeks even. anyway, so bottom of the channel is 8.6~8.7k area. but that does not mean it will fall straight forward, even though it has good chance. see the purple long term...
hi guys. another good scalping opportunity. another inverse h&s pattern from 9000! no need to explain so much. so this initial up rise will end at 10700~11000 area. that area is daily conversion/baseline resistance, and neckline of the structure. so very huge chance we drop in a day or two. it would go to 4hr baseline, at 10000. there, it will...
hi guys! so btc broke down after a heavy fall. i warned about altcoins. it is bad! so now we found support at 9800, daily 50ma. now making somewhat bearish wedge, flag, it should come back to support again. after that i believe it will test 11000/10900 zone in the coming days. however, it can break down heavy too, to lower 9k zone. who knows. but. if we...
i did too, yes, i thought altcoins could go up when btc went over 10k. reality, is no. reason why, is all in the chart below. you see, when btc had halving in 2016, dominance was over 90%. now we are at 67%. resistance is around 70, which can be 14~15k area. i don't think price can soar up the resistance easy, but, i think it will eventually go up 70,...
hi guys. i am back! ok, i have to admit the bullrun short term is over. now lot of things are happening. 1. lower btc dominance which is at 66, 65 to lower levels, which indicate btc price go down 2.altcoins mostly bleeding 3.weekly btc candle indicate reversal to below first you can see btc broke out of falling wedge to 11500 resistance. this is heavy,...
Hi its turning mecard! yes, remember the last posting that btc would go up up, confirmed bull market...yes. you see 10k! even 11k! now i still see people saying, "now we are going to see heavy correction" "we are going back to 5k" DOES NOT know how to trade! a mean, they are so novice in trading! let me just tell you simple things why btc would never go to 3k,...
hi its turning mecard! yes, you guys wondered i would just thought market would collapse, but i was trading so much with alt coins didn't have time to write. today, every thing confirms uprise. weekly 21/50ema golden cross. this happened, and i believe we will go up up up up. we would reach 9k, 10k in few days or weeks, come with big retracement down to...
hi guys. today, i am looking into one of the promising coins qkc. 1 day oversold, every indicator is oversold with buy zone approached. not many coins, you can find weekly oversold. basically, can be bear flag for long term, but huge bounce is inevitable in few weeks. price from 0.023 to until 0.018~19 dollar is buy zone. accumulate properly. stoploss is...
hi guys. its mecard again. btc movement has turned slow, after the big drop. many are saying differently in different messages.. but i have to say that this up cycle movement is almost to its end. that means this can still go for some time, but the level of upside movement is very limited. as you see in the daily chart, btc, is finally being resisted by...
hi guys its turning mecard. i warned btc fall can come in few weeks, in last weeks idea. it...could come from now. a mean, not like a vertical drop, but could be a sign. as you see in the daily chart, bearish engulfing candle, sharp drop to channel bottom. the d1 candle yesterday can be interpreted as bearish shooting star, so everything was in process....
hi guys, short term,...few week term until btc tops, i think ripple could be risk low coin you can choose to buy to go long. 4hour xrp, i think it is overall big ascending channel, from few month ago..and now, 4hr/daily looks bullish to me. 0.33~0.32 dollar...should be buying range. under 0.31 dollar should be stoploss, but check the boxes for entries. the...
Hi its turning mecard back again! been doing lots of other stuff! but i would tend to write time by time. right now, there are so many noise in small time frame. people talk about channels and candles, bull flags. whether bear market is over. the truth is, its not. by the impulse from Feb, i sum the move like this. "btc has hit bottom, but bear market is not...
hi guys. yes, my predictions got wrong, when i thought 6k was the bottom for the up move. many commented me for my wrong decision. yes, i humbly accepted the wrong call. yes i stoplossed too, but i wasn't really depressed though. because this is really the price i was waiting for. it is okay. trading, if i get right all the time i am god. at the same time,...
Hi turning mecard is back! yes, we dropped, dropped. but this was the drop i was waiting for, and we still have room, much room to go up if we do not break below 5100/5200, bitfinex. i am not letting down hopes for end of year bull run, not just yet. it needs to bounce up if this needs to happen at the moment. so lets see the 4hr chart. we have 21ema at...
Hi guys. this is the final moment that I am waiting for so many month studying btc and alt coins trading. NOW, final buying time can come in this week. this is a all or nothing trade now, since i think breakout time should be 17~22th time range. i will show you time range, with bitfinex, bitmex, and coinbase,bitflyer chart. short term, btc looks weak with...
from now on, i will introduce good alt coins for you. btc? it can drop, but see alt coins. many are breaking out from the downtrend tunnel. that means, the trend is now changing upwards. alt buy time. i will do this briefly. groestlcoin looks good. this coin is bullish with good bounces every time. it bounced off from falling wedge in april, made a big...