bitdoctor

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I'm going to start by saying nobody has a magic crystal ball and nobody knows what will happen next. I'm looking at this assuming we're in a wedge and we're going to break down. It's pretty clear the channels we've been...

bitdoctor Updated 

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. As we've been saying for well over a week now, we're trading the breakout of this on the news. There was a lot of overhead resistance just shy of 200 and we've broken through that. I do expect there to be some bouncing here but I...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. MFT had a good rise and fall and we are about to retest this. Retesting support is an important part of a market cycle and we're getting close. There's a chance that we will drop a little more so there's plenty of time to get a...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Not to state the obvious here but we've just had a major breakout of our prior trend. Sure, we have not created a higher high yet but what I will say is we've broken a trendline that has been holding since late November. Daily...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I've been saying the same thing for about 2 weeks. Trade the breakout and this is getting close enough where the breakout is getting near. Several technicals to explain here: 1. 50/200 Daily Moving average is very close to...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Not a whole lot to update here except we're still looking to be inside our channel. Short trade is still active but there is one thing I want to point out which will happen in the next day or two. Likely tomorrow. 25/100...

bitdoctor

There aren't really any investment tips here but I'll be focusing mostly on the current look at the market structure. Here's basically what I'm seeing right now. 1. Moving averages (4H timeframe) We're looking at the 25/50/100/200 moving averages and they're all bullish right now and they have been for a few days now. Natrurally after a $300 candle things are...

bitdoctor Updated 

Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. It's been a few days since I've taken a good look at this. It's not because I am not interested but it's because we're consolidating. It's not as easy to see on the daily chart but I've chosen to use this so I can show the whole...

bitdoctor Updated 

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Oh BitTorrent.... You want to be bullish so badly. It's been a good run, but wait, are you actually trying to head back to .00125? Higher? Let's look under the covers here. What I can say is we're seeing some bullish divergence...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. I'm presently watching SNAP. Earnings weren't too bad. Beat expectations a bit. RSI on the 4H timeframe is still very bullish (>70). MACD is showing a potential crossover to the bearish side so you may be able to pick this one up...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. GE has had a good run so far in 2019. I've made enough money in equity on GE that I am ready to move on. I'm going to leave about 20% of my equity in GE but I will be exiting this asset. There are others that I will start...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Tron has been heading down in the recent days. Basically all of February but we're definitely exiting a diagonal right now. Looking at the 50 and 200 moving averages crossing bearish for the first time in this timeframe I'll be...

bitdoctor

Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Took a really profitable trade on GS yesterday and got out right before it hit the top. Now I am looking for a more long term trade since we hit a bottom in intraday trading today. I'm not going to touch GS unless it breaks a key...

bitdoctor

Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. This is similar to my Bitcoin analysis however Litecoin has been finding support above the 50 day moving average and just found resistance at the 200 day moving average. When you look at the ADX, you can see that buying...

bitdoctor

Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. A slightly different perspective and not really looking at market formations but focusing on moving averages. There are a couple moving averages I want to focus on: 1. 200 Week Moving Average (Red) - ~$3175 2. 25 Day Moving...

bitdoctor

Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. After such a decent push in price it's no doubt you're all seeing everyone and their mother talking about this little bull flag we're seeing. My focus here is to discuss the potential that we may break out of this bullish and if...

bitdoctor

Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Siacoin is one of those low market cap coins that tend to just surprise you out of nowhere. We've seen some bullish divergence forming here and it's difficult to say if this is the bottom because honestly at ~60 satoshi it's...

bitdoctor

Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. In a world of corrections, there are ups and downs. We're in a small correction and have broken 34 which has been acting as resistance for a while. Don't get too excited though. We just completed a substantial impulse and things...