PSYCHOLOGICAL ANALYSIS (PA) State: Panic/Despair Price: 9k USD Hello crypto traders and investors, This post I am making is specifically for traders, for the true investors and followers of Bitcoin's technology would not be shook(HODLERS). So much FUD and news has hit the market after two consecutive days of high sell off in the cryptocurrency market. I as many...
Ive done a few charts on this before and it seems its just in the start of a huge uptrend cycle to ATH. Genesis Vision token is in very short supply with a huge use case behind it, so likewise Wall Street Crypto firms are buying it up while it is cheap. I'm charting very near targets on this thing to show case its strength and potential moving into the future. If...
I use the LTC to BTC system to analyze the trends of Bitcoin and Litecoin in conjuction. If you pay attention LTC follows BTC's path very closely, or even sometimes BTC will follow LTC's path. I believe this is why despite all odds against both they have been able to dominant the market cap top 10 since 5 years ago. In this instance LTC is doing exactly what BTC...
Greetings everyone, As we all have seen this is definitely a market correction again for BTC. Everyone was foreseeing a bull-run but as BTC gets to the 11.5k horizontal resistance level it goes over bought and loses steam. Shorts are being pinged between the first support and horizontal resistance levels and BTC is retracing back to previous lows. While IMHO the...
As per investment patterns it is not hard to see a Cup and Handle (C&H) forming on the BTC daily chart, which makes it even more powerful. We should see a pull back some where within the arch. Below are all the qualifications to make this a VALID C&H from stockcharts. Remember this is CHESS not checkers. Trend: To qualify as a continuation pattern, a prior...
Genesis Vision Token is an undervalued coin. Very little circulating supply, heavy use case. The volume and action on this thing tells me the investors and traders on wall street are investing in this token. Go research Genesis Vision Token. On the technical analysis we say a pull back and I believe GVT is just starting on a Elliot IMpulse wave pattern judging...
Greetings everyone, Technical Analysis: Our MA's are doing the talking and are spelling a possible slight spill for BTC. It is hard to tell right now, but BTC is testing the support at the 21 MA. If it falls through BTC will fall through possibly to the first support barrier on the 77MA. I expect a bounce from there IF it does fall to that level. Everyone is...
Good day, Looking at the 4hr chart we can see that Bitcoin has been steadily strong over the past few days. With that said it has been really low on volume and trading sideways for the past few hours. That plus a few other indications and patterns were used to make this TA. Note Iam using the Boss Method MA's. The Boss Method is patented intellectual property...
I have thoroughly examined and observed the chart, website, and action on this Utility token that works off of the ethereum Block chain called Genesis Vision. It is a financial block chain service that is utilizing the block chain to build a trust based investment protocol. I feel it is just starting a massive run up and will beat new ATH's soon. Just watch the...
This isn't really a TA this is more hypothetical situation. On march 14th the MONERO hardfork will take place. Though me myself am not participating in the XMV airdrop I did pick up a few XMR on the dip to ride this pump that will come as the day comes closer. I expect XMR to tap previous ATH because of this and provides a short grab on money. If this does happen...
Good day, In this TA for Litecoin my main point is to highlight action regarding both green boxes. In the first green box you can see in cyan a bull flag followed by a consolidation pattern and then a boost higher. Also using the MA's from the BOSS METHOD, you can see that in the box the 7 takes over the 77 and once that happens it moves higher into the next...
Off the cuff. 231 MA (orange) and 77 MA (blue) coming down hard on BCH causing for overhead resistance. On the opposite spectrum it might be able to generate just enough to get out of this resistance with a possibly small inverse H&S? Maybe Im reaching on the H&S for me BCH is a no. Specifically because now I dont even see the point when BTC transaction fees and...
Greetings everyone, Just going to cover a short TA on this ALT coin NANO. As I have discussed in previous ideas alt coins are drying up really fast. However there are a select few whose movements are looking nice. Nano is one of the few alts that has a strong community and still besides BTC sucking up all the energy in the market seems to be a good buy right now...
Looking at BITCOIN under the hood on the 1hr Chart we can see the 7 is coming down and the 77 is coming up. That means two things, one that the quick money is out of BTC and it needs to pull back for a little while. You can see that the pullback has already been taking place as it is testing the very strong support levels. Secondly with the 77 moving upwards its...
BITCOIN has been forming Continuation Pennants on the 1hr chart back to back. This is a very Bull ish indication. A small pull back may be in due for this next pennant continuation that is unfolding and the one after that, which will lead to full on break out. 3 strikes and you are out! Same as 3 pennants and you are mooning!! I expect BTC to continue upwards...
I see that there is much FUD and Bearish mentality in the charts again so I whipped a one day chart, about the only chart that I can still pull a bit of long term bullish signs of BTC for all those HODLERS out there. **KEEP IN MIND** I believe that the market is highly manipulated and until we actually see some action in this coming week I cant say any...
At this point there is no need for any TA. This thing is headed down hard on all of my MA's even the 231 looks like its about to give. Im not a doom and gloom, or a bear the least bit, but it seems that Cryptos is a self fulfilling prophecy at this point... you all are "Bearish" you all are using Stock Market trend analysis and acting like your pros predicting...
BTC first correction coming out of a bear market and every one was jumping ship because they were being FUDDED left and right. For those of you who held on we are moving upwards into the 3rd wave of this elliot impulse wave, if you don't know the path we should be seeing for that check out my last TA on BTC. Quick Update- Techincal Analysis: In this TA we are...