Ive had the luxury of being away on vacation and having had time to think about this and concluded that this is hugely complex in its analysis. This analysis is with reference to my very long term trend analysis tagged. I will state that im not a coder or BC expert but have a thorough understanding of economics so please excuse any BC misunderstanding in the...
(Updated For BraveNewCoin Liquid Index as requested to show this trend actually dates all the way back to 2011 and earlier!) This chart illustrates long term extrapolation of the log chart trend for Bitcoin , with key Arc trends which could hold a clue to the near term future and longer term trend. In Summary there has been 4 periods of 'mean' bullish growth /...
SIlver is right on the brink. It must bounce off the $16 long term trendline or the bulls look to be defeated and will have to start again. I am marginally in favor of finding support and remaining in the chanel. Beyond this $14 and $11 will be key levels, the latter of which would be roughly the inflation adjusted bottom found in 2008/9.
This doesnt require much explaination - see you at the top and enjoy the chop!
Im of the opinion that the current dip is entirely manufactured by the bad actors namely Jihan and Roger. Ive seen analysis on the MAHF and it is seemingly FUD. I wouldnt be surprised if they released the 'plan' having built large short positions and will subseqently buy the dip... if you were going to ultimately lose all those jucy mining fees... its the...
This trading pattern has been continually reoccuring throguh all of the recent rallies and presents another good RR opportunity. (see referenced if in doubt) I am of the opinion BTC will likely slow down and ETH may catch up over the next few days. As normal, trading breaks gives the best chance of success. Lets see what happens. GL.
This assumes shock (against the odds) hung parliament / Labour Victory. Order to open amid volitility @ 0.87 target pevious highs @0.91 T/P halfway S/L todays current price. RR 3.22
BTC is about to hit 6 month trend resistence. If this breaks we are turning the pace up on this exponential move and by definition what you would expect. However, the trend, the approach to $3k and previous behaviour around psychological levels would suggest we need to consolodate and take profit before caryring on. This is certainly my prefered choice......
See repeating pattern in BTC. Longer term analysis referenced in the related ideas.
After much consideration i do not believe we are entering a Bear trend for BTC. Going back to fundimentals there really isnt any legitimate reason to revert this trend to bearish. Network is growing, Google analytics suggest that their is a backlog of demand, world wide adoption is increasing and a scaling roadmap is increasingly clearer as to what underlying...
Trade this one cautiously. Edit - i placed the trade in the wrong place it should have shown it opening at $1760 so the r/r is not quite as per the chart. s/l remains the same.
This chart illustrates long term extrapolation of the log chart trend for Bitcoin, with key Arc trends which could hold a clue to the near term future and longer term trend. In Summary there has been 4 periods of 'mean' bullish growth / consolidation in the lower arc range with one period of hype and one period of bear market. Based on this historical trend, any...
Trade breaks. Might be more complex than this due to the $100 psyho level we are at.
BTC at a critical point in this push. Awaiting Volume which is seemingly imminant. Bulls could break new All time highs and push for $1600, whereas if the bears takes hold a dip to retest $1200 and $1130 thereafter. The mega trend says that this is rediculously bullish so i am leaning towards the bulls winning this battle althoguh we may need to retrace one...