kullervo88

kullervo88 Updated 

Bitcoin crashed faster than I expected. Head and shoulders target hit, now there is a bullish divergence on 12h timeframe. Be ready for an immediate reaction upwards.

kullervo88

Linear chart says more than a thousand words. Bitcoin has formed a "hand" and now it has to put its foot on the ground.

kullervo88 Updated 

Hi Friends! Digital gold is currently printing perfect falling wedge. We have first touch to delicious buy zone. It may touch this zone a few more times, every time it arrives to buy zone you should buy BTC! Buy when others are fearful, and others are fearful right now. BTC is the coin, it includes the most important feature, censorship resistance. Just trust to...

kullervo88

Let's keep it simple. I think 4.5 year trendline will break in the next three months. When/IF it happens, I see two buy zones. Buy zone 1: 5800 - 6900 Buy zone 2: 3100 - 4200

kullervo88 Updated 

Volume is Bitcoins key indicator. After 2017 peak, there has been no high volume capitulation or accumulation yet. Instead, volume has fallen. Why volume is so important? Let's see what happened in history... After 2011 and 2013 price peaks, volume has risen dramatically. After high volume capitulation and accumulation, a new bull market has started.

kullervo88

I'm learning Elliott wave theory. BTC fits perfectly to 3-3-5 regular flat correction. Your thoughts?

kullervo88

Could this be an elliott wave regular flat correction? A flat correction has subwave sequence 3-3-5. So the last leg must have five waves. This is not yet invalidated IMO. I am not an elliott wave expert though. Your thoughts?

kullervo88

Bitfinex longs are five times higher than shorts. Do the opposite of others. Long/Short ratio will be corrected to a normal level.

kullervo88 Updated 

Hello friends, this is nice short trade for you. Do you see what I see. XRP moves inside the death triangle! And is also below 200 w MA, which is bearish sign. First target is 61,8 fib level 0,053 $ . Second short target is the peak from 2014 december 0,027 $ Ultimate target is long term trendline.

kullervo88

I want to demonstrate how huge the rise of Bitcoin has been. It has risen along three trend lines. The slope of the trend line has decreased every time. Even the latest one is fierce compared to Amazons almost 23 year trend line.

kullervo88

How many times do you think five year trend line can be tested before it breaks? It's certain that it will eventually break. I see this year's best chance to sell my bags right NOW. Weekly 200 MA will be tested before summer!

kullervo88 Updated 

What you guys see in BTC dominance chart? I see possible top right now. There is so many crypto projects, and BTC is only one of them. It has longest price history, but it is not technically superior compared to others. BTC does not scale, it sucks a lot of energy and so on... I don't see much reasons why it should continue its parabolic rise. There are those...

kullervo88 Updated 

MACD and RSI giving buy signals. Strong buy if price breaks out of wedge.

kullervo88

Someone panic bought BSV, now there is only sellers. I do not see buying interest anymore, and expect price will plummet back to the bottom of the triangle. I read Wright's latest blog post. After a while i realize that he must have a good imagination. He writes partly true, partly false, as if trying to fool people. Now I understand why people call him...

kullervo88

Is there any sense behind these numbers? Bitfinex BTCUSDSHORTS and BTCUSDLONGS, what are they and what they indicate?? could someone clarify? OR is those only fake data which purpose is to mislead stupid people? I do not understand, please someone tell what those are?

kullervo88

BTC broke out of down-sloping channel, yes. But technically it is still on downtrend. This could be fakeout, 200 MA is a key. I do not short yet, but I am ready to open short.

kullervo88 Updated 

Too much resistance, BTC can't break out of bearish channel. I short, again. Target 5500.

kullervo88

My bearish scenario for BTC. 2020 is year of decision. If 200 weekly MA breaks, it is start of real bear market.