cryptodiggy

cryptodiggy

Big bearish divergence on the weekly, same thing happened before the 2008 crash. If you've been reading news and digging in, the whole bull market since 2008 has been artificially pumped up through fiat creation, and it's a house of cards waiting to implode. Totally unsustainable. This may or may not be the start of the crash, but the crash is coming. Be...

cryptodiggy

BTC has finally come to a point where the wedge it's been in for months has run out and the price is forced to break out of it very soon. I see a number of support levels all the way down to 5000 and where it's going to stop is anybody's guess, short term it does seem to look bearish, but I suspect there is a possibility for it being a bear trap. I believe...

cryptodiggy

5 times this year on or near the 5th of the month there has been a big selloff. Anyone know what's happening?

cryptodiggy

Based on the Gan fan lines, as well as strong support at 6k and positive divergence and possible larger head and shoulders as per 3 ellipses on chart, I'd give it a good probability for hitting 10k in the next 2-3 months, so somewhere between end October and November 2018. This is especially good if we can stay above 6800. #notfinancialadvice

cryptodiggy

Seems like ETH is in a big descending triangle as well as a multi-month positive RSI divergence on the daily chart. May still get some downward price-action short term but medium to long term I think we're in for some really big gains. Might be worth putting in some buy orders for ETH at 250 and 230 in case of spike down. #notfinancialadvice

cryptodiggy

Seems like a possible inverse head and shoulders pattern forming on BTC daily, combined with horizontal support and triple bottom at 5800-ish gives good possibility for short-medium term bottom and rally back to 9000+ IMO #notfinancialadvice

cryptodiggy

ETH price action broke up through long term downtrend line. This suggests a short-medium term bottom and possibility of us heading back to $800+

cryptodiggy

Putting a Gann fan on the Bitcoin high could possibly suggest that the next move could take us to 8900-9000ish. Will be interesting to see how it plays out.

cryptodiggy

Double bottom with FEB lows (possible triple bottom if you interpret it the way as on the chart here). Severely oversold levels on multiple time frames. Q2 completed.

cryptodiggy

While a little rebound is a nice relief for now, we are far from in the clear. If the $7000-ish level holds as resistance we could be in for a further move down for a lower low with capitulation, so don't be too happy just yet until we get well above $7k. #notfinancialadvice

cryptodiggy

The dec/jan bull run was the anomoly and now we're just returning to the year long, normal ascending trend. Lets see if this trend remains unbroken, if it does then we'll be accumulating and will rocket back up at some point in the coming weeks IMO. #notfinancialadvice

cryptodiggy

Positive RSI divergence on 4 hour, very powerful pattern in the crypto markets the last months. Nothing but positive news coming out for crypto. Will revise if we break 8k to the downside. #notfinancialadvice

cryptodiggy

I'm thinking this is a nice play to take out leveraged longs, consolidate, build a plateau and then take a next run to this time break the 10k mark in BTC. Should we break 8k to the downside I think it's possible to head to 6k or even 5k again, which is a scary thought, but for now lets see if 8k holds.

cryptodiggy

If bitcoin does not break above this double top and above 10k, there is a risk for further downside, possibly even a tiny chance of a run back to 6k or lower. Might still be too early to call that much of a decline, but it still needs to break above 12kbtc for me to be comfortable calling it a new bull market. Currently I'm viewing it as a rally in a bear until...

cryptodiggy

Multiple supports at this level, both the ascending support and the horizontal support. Also double bottom and positive RSI divergence. Leads me to believe that this is a high probability for a bottom. If this breaks down, we could be looking at $400ETH next support and then $300 ETH or even lower. A possibility but not likely I think.

cryptodiggy

It seems like BTC has broken the downtrend of the last weeks. I'd still like to see a daily close above 12k to solidify that, but I suspect that $6k was the low and we've started our climb back to ATH and beyond. Bottom coincided with positive RSI divergence and horizontal support.