Hello Wonderful being! It truly has been a very long time since my last post, but ii has not been that much reason to post lately. Simple truth is from the title, that my old chart is still valid and been battle-tested. The pointers I have on the chart are still what I am watching but let me summarize: Heiken Ashi is used to remove noise from chart The...
Hello again, beautiful person! Just wanted to punch in and say that this pump might be due to BWord conferance which is due today. The word on the street is that something big will be announced, and the highly anticipated discussion between Musk and Dorsey. If you are entering the market, just be sure to place your stop losses; because this might be a fake out...
Hello wonderful being! May to July have not been pleasant for Crypto, especially BTC. There have been gains in DeFi and NFT markets, but they have been correcting hard along with stock market and BTC. The delta variant is threatening another lock down which would devastate the overall market. This week many large corporates will present their results and...
Hello beautiful person! Quick article, just wanted to heed you all a warning if you think about entering or trading. Price had a very strong support at expected level 25k euro, and bounced upwards. However it is wise to wait for a confirmation before entering, in order to minimize risk. Confirmation would come in form of breaking resistant line (previous...
Hello wonderful person! We have been here before in these price ranges, and not that overall surprising that we are retesting. Especially considering how the stock market are correcting in USA. If the Stock market continues to correct, then BTC short term will follow and possibly test the support at 22k Euro. Be careful! if you believe in BTC; nothing...
Hello wonderful person! BTC broke the long running trendline, dreadful, and retested strong support at 25500. The accumulation boxes I drew are still into play. Dont forget to protect yourself with stop losses in case the strong support at 25500 is broken. Stay safe out there and trade conscientiously!
Hey wonderful person! The trade boxes that I drew last post are still into play and been tested, but I added just one new trend line that is going from October 2020; that shows we are still holding that same trend line....barely!!! Stay safe out there, and dont be greedy!
Welcome, wonderful person! This has been an amazing period filled with anxiety and fear, must admit I felt some myself. I have been able to stop myself from doing anything whilst panic, and still holding my bags. However, I will try to use this period to accumulate as much wealth as I can, meaning get more BTC in my bags. Will transfer some savings I have had...
Hello beautiful person! Hope you had a great weekend even through this harsh weather in Crypto. There is much FUD (Fear, Uncertainty and Doubt) even though we have still an amazing run upwards from just January. I know that the 2017 sentiment is still strong and everyone is looking for a potential bear market like we saw back then. This time might be different,...
Hello wonderful person, I have just come home after a well rested Easter holiday, so this article will be shorter than usual and I have added most thoughts into the chart. Previous prediction of drawn movement was not that off, and that was quite pleasing (The light blue drawing on top). Final thoughts are that I think BTC will still move sideways with small...
Hello wonderful person! So, the expected launch was not impressive and looked more like a hobby sized rocket launch than a NASA or Space-X version to the moon. BTC dropped and moved very cautious with any strong momentum. Could it be because stock market is strong, and yield is back up? Maybe... Personally, I need BTC to break the previous trend line in order to...
Hello wonderful person! Seems that the trendlines and resitant line was retested, and we are moving into the weekend soon; and usually weekends are slow and downward actions. Therefore, If the price do not breakout above resistant line by today or tomorrow, we might not have a breakout until next week. My current portfolio spread is rebalanced to 60% BTC + Ether,...
Hello and good morning, wonderful person! I have something to admit, and that is that I had a trend line on my previous chart that was wrong. Wrong in the sense that it was mis-copied from my chart that I normally work and trade from. I have added the correct one now, that matches 100% the one I am using on my other charts, and deeply sorry for that. Changes:...
Hello wonderful person! I have left the previous chart more or less untouched, just moved the boxes in order to see the chart better. Also just added a new text box along with a possible new trend line. Stay safe out there and happy trading, and do not overextend your positions.
Hello wonderful person! I have added my thoughts into the chart, hoping this will be quicker to read and understand than a wall of text. Just some pointers are that the first Fib retracement is added from the very start of this first upward price action (First trend). The second fib is actually a Fib trend extension that measures from the first correction and up...
Hello beautiful person! Oh how long it has been since last posting in here, and I am sorry for this late post. It truly has been a very interesting month, and with this correction? It is a strong theory that the correction we experienced this week was manufactured by or by someone in F2Pool. This was evidence due to onchain analysis of wallet addresses and the...
Hello wonderful person! Just wanted to pop in late this sunday and give my 5 cents. Currently, I really cant see any strong indicating a move to either directions and the overall market seems to be unsure to me. Therefore, my strategy now is to just hold a little bit more to see. Since the BTC might seem to be less volatile now, maybe it is ALT-season soon?...
Hello hello, The previous TA (Technical Analysis) is still valid, with the exception of the triangle, and I have updated that one to reflect the current trend line better. Short summary of pointer: The support line in blue has been proven and tested to hold, which is good. It means that this is an important support line now, and will be in the future as...