mbgd99sd88

mbgd99sd88

This is a weekly chart of NASDAQ:IBIT , which allows convenient exposure to BTC via traditional brokerages. Since the Trump election euphoria has waned a bit, we are now seeing a retracement, which, based on the Fibonacci framework I use will offer an excellent long entry around the $45 level, should it get there. That would be just above the 50% Fib retracement...

mbgd99sd88

This weekly chart shows a bigger picture perspective on my prior short call. The bullish BOS from top 1 was not met with contnuation but rather with weakness now lasting several weeks. The past few weeks have seen more selling pressure than buying pressure in my opinion. In the large channel I can see price rotating down to at least the swing low indicated as the...

mbgd99sd88

Friday on the rebound I got an alert that NYSE:BX had reached a discount level, based on my Fibonacci Retracement methodology. I waited until later in the session when it became likely that it would have a strong close/candle and entered, adding to my holdings in my IRA. This is a long term investment and I considered it a great place to add the premier...

mbgd99sd88

I recognize a move into a bull flag, a test of the 21EMA before breaking out of the flag, and anticipate that a measured move will result in a $55 TP.

mbgd99sd88

This is a weekly chart, showing leg 1 of what I believe to be a measured move into the multi-month bull flag we saw start this past summer. Around the election, leg 2 began. Based on the tendency of measured moves to be fairly equivalent, I believe we will see 160K BTC sooner rather than later (Ie within 1 year)...

mbgd99sd88

I see a possible double-top and head and shoulders. Combined with bearish price action the past few session, I will be shorting this with the stoploss and TP indicated on the measuring tool...For entertainment purposes only!

mbgd99sd88

This analysis begins with the bowl-shaped accumulation which eventually broke to the upside. The depth of the accumulation(black vertical line in bowl) indicates a likely target for upward potential (vertical green line). The purple lines in and out of the recent bull flag show a measured move price target pretty close to that of the previously mentioned target....