hbayatne

hbayatne

Last time BTC set new all-time highs, it followed the upward movement with a dip to the .2316 fib levels. This gave everybody who missed the run a chance to get in. If you followed the signals you did great. If you waited on the sidelines, well here you are again. Don’t make the same mistake again. Nobody ever really knows what an asset is going to do, but the...

hbayatne

This formation is generally very bullish. The pitchfork you see here is a Schiff pitchfork formed from the originally posted Andrews pitchfork. In previous corrections this has been a great opportunity for acquiring more ETH. If you prefer to let the price action play out and see if you can get a miracle entry point in the low 1700s you can snooze on it but I...

hbayatne

Look at the “W”. Look at the 3 month long trend. BTC has met the 1.618 fib level we charged at the original break out and break down. It has met all areas of confluence and pitchfork median crosses almost perfectly. It has stayed the course nearly exactly the way the chart has projected. What does this mean? Well we can’t give trade advice, but if history is to...

hbayatne

So typically this means a complete price break down and sell to stop the bleeding. But with market sentiment at near all time highs and BTC on a tear, I like to think outside the box. To me this is a major buy signal. If you are on the sidelines and have been waiting to get in, any buy in the next 10 hours before asian markets close and the weekend CME traders...

hbayatne

This may be the only chart you will ever need to study btc price action. No matter where it dips or rises, the median has attracted price action for months now. We will keep updating analysis and indicators to show entry and exit possibilities.

hbayatne

This is our first analysis for litecoin, but we have been watching it for a while. We believe this will be the start of a huge run and all time highs. There may be a little pull back near the previous areas of support in the low 200s but it will go on a parabolic run soon. Future targets well over 500 and all time highs. This is not trade advice and all...

hbayatne

The price action broke down through the lower median line as we feared would happen. But this is a great opportunity to buy more. Give it a little more time to see which way the trend continues and don’t be afraid. These corrections are temporary. The RSI is showing a divergence and we can see the new areas of interest. The graphs gave us these signals yesterday...

hbayatne

This is the same graph with the same fibs and same pitchfork we shared over a week ago. You can see prices starting to clump up towards the lower median line. Recent history has shown this to be a bearish signal, but trend is still somewhat bullish. Use RSI and other indicators to make your own judgements. We don’t take this as a “dump” opportunity you rather an...

hbayatne

Keeping this short and sweet. We called a "boom" at 50K last week, we are now over 10% over that target and don't see anything representing a breakdown or weakness besides this small area of resistance around 56690. If this area is retested and rejected a few times please watch out for another slight correction and possible entry points before the next serge...

hbayatne

If you took a short position or locked in profits around the 1850 mark congrats, we called that almost to the minute. Please keep up with our posts and make sure you share this information with fellow traders as we put out more information regarding daily and long term price action. This is all trend analysis and not trading advice, please use your own judgement...

hbayatne

This is an easy money swap opportunity to increase your positions. ETH is giving us an in and an out. Get ready for some wild swings coming soon. The fundamentals are pointing at the break downs but nothing signaling a long term bear trend yet. Just a few sell signals and bearish divergences. RSI still strong although slightly diverted. If your a HODLer just hang...

hbayatne

I am not saying this will happen, but the RSI is starting to show signals of a divergence and although the charts show very consistent bullish trends there is a halt in price action upwards. We are noticing many areas of confluence and resistance around 1850. Look for a short term dip pretty soon. If the announced stimulus effects equities negatively and...

hbayatne

Let’s look at the facts. Major institutions and billion dollar purchases have been dumping into btc recently. So what do you do if you have a million dollars in something and it goes up 10%? Take profits!! Of course. So price starts to dump down. But then what do you do if you realize price is looking cheap…you buy!! Of course. That’s the pump and dump of the...

hbayatne

Nothing in the RSI or chart indicators is pointing to a dump yet. This is just a deep swing back down. Very healthy and part of the trend patterns to take us to new highs. Don’t freak out yet guys it’s still an upward swing and we are in a bull market. Take this ETH price action for instance, we have gained over 300 points in a few days and over 500 in the week so...

hbayatne

Here it goes again HODLers. All the FOMO is starting to set in and we will start our parabolic trend again. The graphs don’t lie. The indicators don’t lie. And we continue to see huge gains!! This is not financial advice but please use this information and your own judgement to make decisions that meet your financial needs. Happy Trading!!

hbayatne

So as you can see in the Andrews pitchfork for Apple's price action during the current bull run, we are concerned about this break down at the schiff line extension. Traditionally when asset price action falls below this line there is a buying opportunity. But there is also a concern that the trend has now turned bearish and will continue to break down. We are...

hbayatne

Ethereum has been on a tear as all the previously listed charts have shown. Please do not mistake this cool down for a correction. Until there is bearish divergence as well as a breakdown in the schiff line pivot point we are still trending up. I have placed another Andrews pitchfork showing the recent price action and it is moving exactly within those parameters....

hbayatne

Careful with the overvaluations on Tesla. Today was a great "recorrection" to the recent dumps but don't mistake this with a bullish divergence. Still a very strong trend and will most likely lead to gains from here on out, but there are many places to put your money right now in Tech that will give you better returns. This is not financial advice, but the...