Short, brief and to the point. The chart speaks for itself, as represented by indicators with validaty of fibs and contexualised with fundamentals. Conclusion': Long Target - Re-assess trend sustainability at 1.67-1.68 region
If we break .5 support priorbreakdown we test trend resistance, in which case we either break, or get rejected. 4 hourly MA, 50 if broke, will lead to a certain pump Short analysis, let the chart speak
Nice, short and concise. 8 Weeks of bearish sentiment, now one thing to consider is a td 9 count will complete at the end of the week. So, factoring in TD Sequential, it'll be important to watch for a 4 count correction to the reverse, or whether it continues bearish sentiment and goes on to complete a 13 count to the downside. However, I play particular...
For public awareness void of media or political bias. I wish not to scaremonger but to provide an analysis where early signs of another wave are evident, as per my civil duty. Analysing this set of data is very different in approach due to how complex measurement of a pandemic is, and the various metrics and other substantive data to contextualise. However, I...
The most complex, i mean basic chart, showing basic direction. Basically, we've got a Carole Baskins sityation right here
Thoughts and feelings to everyone impacted by COVID-19. A highly sensitive topic, thus keeping this if anything, for personal use and wanting to see what is being told in the media, be represented in a simple chart with some context and trend analysis. Ethically, i felt some may wish to track for reasons respectable to them, thus publishing a 'chart' but really...
Here we have yet again another short chart, and with that being said a minimalistic appearance as quite often, the billions of indicators and graphics traders use to make a chart look fancy, distracts away from what lies beneath. To be concise, and re-iterate, if you are a high frequency trader or scalper then you can be bullish and bearish many times throughout...
Can confirm, a new type of analysis is in use. Bitcoin has started to lose its nuts, and i believe the squirrel found on the chart, is giving us indicaton of more nuts to drop. Still short.
Seeing recent price action I couldn't help but begin to react to potentiually early signals of a short. Between the two pennants we can see where it moves 'sideeways', but is this consolidation or rather, capitulation. Now we saw the price drop, then stablise into what i SEE as a bearish pennant. I then overlaid another pennant, conforming to fib levels and...
I present this chart as it consolidates all my previous charts, with annotation and two vital indicators I had not published. So you will notice on this chart the various themes I have been discussing, including the most recent 'Flag' analysis which I will attach below, but also two indicators at the bottom. MFI and CMF indicator. Now is not the time for an...
As we can see bitcoin had quite a nice move depending on your disposition and management. This flag forming right now is of HIGH SIGNIFICANCE, and I won't be explaining it as I fear if one is not able to interpret autonmously, neither will they be able to trade what IS GOING TO BE an absolutely CHAOTIC and RISK FILLED area, and consequently will end up REKT. Risk...
We have established the ranging zone quite evidently, with the exception of wicks falling above and below. But I want to put forward a theory based on an observation I see. We know that markets are not linear in nature, and naturally run in cycles irrespective of any fundamental or circumstantial factor. It is fact, the market is cylical in nature. I just want...
Let's cut to the chase on this one. In trading it is vital to be contemperanous and respond accordingly with risk management in mind. I post this analysis as neutral however; I am far from being neautral but I am beyond certain doubt that we are nearing the end of what appears to be a squeeze. We are either going to break up or down, and very hard and very quick...
So again ladies, gents, cats, dogs and cryptowarriors. I am short, and I will allow the chart to speak for itself. Focussing on Fibonacci levels as ascertained from the ATH to the most recent low. If you look at the interaction between 0.5 and 0.618 fib levels, you will see this is when significant price movements occurs. I urge you look for the correlation, as...
Going to keep this short and sweet guys. If you look at my previous chart, 'The big Short' you will see i was looking at correlating patterns from the last dump on the 9th may. Smiilar MA rejections, and not to again mention, the two bearish trend lines which have held up and rejected us, from ath 2017 and july 2019. Does not appear to be a break out, albeit on a...
In the future I will publish charts with all indicators on, as well fib levels displayed and in-depth descriptions of why I believe a position to be either long or short. All of my charts thus far have been shorts, and that is for a strong reason. In this analysis it is quite simple to see two bearish trend lines. Both are described where they originated from on...
Hey hey. Happy Halving and to the world. As ever I am going to keep this short and sweet, as quickly looking at the 1 hour chart I see a potential that a short is still in play. Ok, so to be brief we are starting to see the 200MA and 100MA kiss. If the 200MA starts curtailing above the 100MA, death cross, then we should indeed expect a downtrend and call the...
Without going into massive detail, I again like the chart to speak for itself. This is a clear short for me, we see two rejections from the previous swing high at approx 10k back in July of 2019, as depicted by the bearish trend line. I want to make this clear, that is we break $9,460-500 then this would essentially break a 12 month bearish trend line, and would...