Not investment advice. Opinions are my personal views. Quick weekend update after the drop we just saw. No need to panic just yet. We just made a higher high and consolidated up there. One could argue this is one of those fancy diamond reversal formations. Here's what I'm looking at for the time being: We just found support at our vertical trendline (in...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Trading takes time. Time takes patience. Patience pays off. Invalidation of this idea is if we get a new high on Bitmex XBTUSD at $5650. Let's look at a few things here. We're on the 4H chart so don't give too much weight to the...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Litecoin is not like the other cryptos out there. It has not had the massive drop like all the other cryptos have. It was also one of the most bullish out there. So, if we're close to starting the bull market, did you miss the...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. We've been on a roller coaster and we're currently having another ramp up to the top of the hill where we will inevitably be rejected. Let's just have a brief history lesson: 1. 17252 to 6013 and retrace to basically $12,000 ......
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. TLDR : $5200 is our current resistance to break to identify a continuation upwards, otherwise likelihood is down to mid to low 4000s. Apologies ahead of time for the busy busy chart. I see about half a dozen places bitcoin can...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. It's been quite a while since I've given an update on HoloChain. Last update I gave was at the beginning of March where I gave an idea to buy at 24 or 25 (we were at 25 at the time). We had a few green days after that where we...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Seeing a pump like this always gets me antsy. We're seeing some consolidation and potentially a return of some momentum. Before I get started, please remember that bitcoin controls the market and a big move on BTC can be a case...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. BitTorrent does appear to be bottoming a little bit. The chart looks very much like HoloChain that I posted the other day. A lot of similarities. This moves slowly but will move quickly when things start moving up. Typically the...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Many precious metals are not doing well today and that's ok. Taking a look at gold, we're hovering above the 200 and 300 weekly moving averages. momentum is heading to the downside at the moment but that's just par for the course...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Alright Cardano, I'll give you some love again. We've already discussed the first impulsive move and now we're looking at some sideways movement. I see this presently as distribution and not bullish enough to take any additional...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Here's a quick idea on EOS. There's a decent chance EOS isn't done retracing. I think if we pullback to the 61.8 retracement, we'll see a bigger move up. Here's a few key areas to watch for: 1. 61.8 retrace is about 7900. I'd be...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. We are in the best of both worlds right now. We're definitely nearing a decision making point. Let's get right to it. First off, I'm of the opinion we're still in an ABCDE wedge and the last jump to 4190 was us putting in the C...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I don't typically keep an eye on WAN but I was alerted to it by a fellow friend of mine (Thanks Byz) and saw enough important points here I felt like I had to post my thoughts on it. First lets pay attention to the orange...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. There are two charts posted above so I apologize for the confusion this may cause. I'll post each individual chart below for easier viewing. There are a few things I want to point out on this chart. 1. We're looking at the daily...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. About 2 or 3 weeks ago I shared an idea that HOT was going to correct down to 24 satoshis and at the time it was at 33 on a retrace. At the time I said there was more upside to the corrective move (and there was) but since then...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Oh boy where do I start here. This chart looks so good I don't know what to do with myself. Here are the key points from the chart: 1. Volume based resistance levels. Based on volume patterns, especially around November 12th, we...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. If you've been following me for more than a couple days, or if you're part of our little group of collaborators, you know that I've been following and aggressively trading GE since about the time it bottomed in late 2018. GE...
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Litecoin has a nice run... I mean, this went over 100% from the lows thanks to BTC going on a run as well. Not much to see here other than clear divergence on numerous fronts: Higher high on price, lower high on oscillators and...