But I am. There may be still some money to grab on the upside, but the end MAY BE near. That was a good rally, and the next one will be better. Can't wait to do it again. ... Note: Please don't listen to me, I know nothing.
This chart is not too different from my previous one . The price went a little higher than I anticipated, but it makes no difference. Sure, we could see a massive bull run right now, but anyone who's been doing this for a while knows Bitcoin doesn't behave like it's been behaving lately when it's really bullish. It just doesn't. We are witnessing a Bitcoin that...
Everything that needs to be said is in the chart, except the possible run towards the 9K before taking path 1. Path 2 is also possible, just less likely. Path 3 is possible but not very likely, IMO. Currently, rejection on top of triangle is most likely scenario. RSI on the daily (not shown on chart) is overbought and TD Sequential indicator on the daily (not...
Based on the way the chart is looking, I expect the price to go down. There's not much more to my analysis. Cheers!
Most of what I'm about to write here is merely based on speculation. Nothing in the charts is particularly clear as far as direction in the short term, so I'm just attempting to defined a path based on my experience and gut feeling. As soon as thing start looking different, I will re-evaluate and determine a new path. Let's start by saying that this analysis...
You should never forget that the real bottom is zero, always keep that in mind. The circumstances surrounding the markets are definitely unique, and trading or investing should be approached with more caution than usual until things get back to normal. With that being said, this huge historical crash could be seen as a good thing, as it could end up...
In my previous chart I talked about a short term trading idea, going long from about $8900 to $9600, with possible abrupt dump. Well, we didn't even hit $9600, our top was $9200. I hope you were able to lock in some profit, regardless. Now we're back to the plan mentioned on my second to last chart , which is been the same idea I've maintained for months...
We can see an inverse H&S-type of chart pattern which could be traded for a short term quick profit. Target around $9600, although it could get higher, but I personally wouldn't ride it for much longer, mainly because I'm still bearish overall, and still think we'll eventually drop to the mid $7Ks. Check my if you're interested. If you decide to trade this...
The weekly chart looks clean, but because each candle represents a whole week, a lot of things can occur from candle to candle. For example, we could see a bounce attempt around our current price, in fact, if you look at the 4H chart, that's what it looks like. I wouldn't suggest to open a long in you haven't already, but I'd be looking to short around...
Alright guys, nothing I'm about to say is new, as I've said it several times in the past few weeks, but I suspect you're not going to like it. By know you should have already realized that all the "buy the dip's" you've been hearing have only been memes by people who claimed they knew something they didn't actually know. Things are even accelerating at a higher...
The answer to my questions isn't yes, yet... But it definitely looks like it. Now my "speculative arrows" from my previous charts don't seem that speculative anymore, eh? This is what I see: I see a few consecutive lower highs and lower lows. That being said, we still haven't formed the third consecutive lower low, but if that happens, then I believe we'll see...
I really haven't added too much since my previous chart in which I explained why I thought we were heading down. Since then we've gone down, but then we saw the bull fighting fiercely to take the price back up, which they did, but only to form a lower high, also visible on the daily chart. It's natural these fights will happen on the zones I labeled as support,...
This chart and analysis is mainly based on speculation, just like many other charts where so called experts claim they are sure of the outcome. Speculation doesn't mean there's no reason or logic behind it, but besides whatever lines and indicators you use, experience, gut feeling, market conditions and many other come at play whenever traders analyse a chart. Or...
Just like I mentioned on my previous chart: -Overbought RSI on the 1D -Red 9 on the TD Sequential indicator on the 1D -Bearish divergence with RSI on the 1D -Just under forming a higher high on the 1W We're about to witness a very strong bear attack, and probably the last big one for a while. If the bears fail here, it's the official end of the bear kingdom.
Well damn, things keep progressing positively, and if they keep going like this, there's a possibility to re-live 2017, for those of you who remember. But even if that was the case, I think this is not the right time to enter this market, or at least, do it carefully and gradually, because we're about to face the strongest bear attempt in quite a while. This is...
Many Twitter Crypto influencers will claim that we are currently in a bullish marker, but anyone who's been in Crypto long enough can see that this is not necessarily the case. That doesn't mean that we aren't at the door of a bullish market, however it's clear there's a lot of uncertainty about the near future price direction. If we look at the charts...
If you've been following my charts, you already know what I think. I wouldn't be comfortable declaring the market bullish or bearish, but if I have to make a guess, I think we're probably at the beginning of a bull market. That being said, where the price will go next is a little more difficult than that. As I've mentioned before , a definite sign of trend...
I will continue being skeptical and cautious until be clear the $10500 top, however, I can't deny that the bull do seem to have gained strength and the market sentiment seems to be very bullish (even though contributes to my skepticism). I've decided to analyse the 1H chart to determine the probable paths and obstacles we may encounter on the way. First see have...