


This is the antithesis of my June 2020 update regarding BTC on the weekly. We are currently in Weekly 1DOWN mode per my 1DOWN formula. This means all trades are settled in USD and long-term bias remains to the downside below 45k. We also have the potential for a weekly upturn on our bottom indicator. In order to enter weekly 1UP mode we will have to stay above 45k...
If BTC dips into the demand zone, I think it will be bought and continue the bull trend. Trade safe, manage risk, use stops. Lazy update, thumbs up if you read it. lol I am not a financial advisor this is not financial advice.
This recovery is similar to that seen after the corona black swan crash in may. If we can keep the MACD histogram in green we could continue a bullish reversal here. I am not a financial advisor, trade at your own risk. Please leave a like =)
Showing here my 1-Up formula on a weekly timetrame. This shows us action is 100% bullish above 8600. Aside from this chart I may even be a buyer as low as 9300. If we break and start closing below the 8600-8200 range this will break the strong weekly config. I'm looking to HODL BTC as my main currency above these levels, but I did cash out of my spot long recently...
It goes to heaven, son. Alt coins go to hell.
I am not an financial advisor and this is not financial advice. We seem to have found support here on the 200 Daily Moving average (not pictured) at 8800. I'm showing the weekly chart in regard to bull cycles. Retraces to this extent are fairly common, leading me to believe this could be the usual "buy the blood" opportunity. On the other hand, if we close a...
Now that we have a local higher high, I'm feeling bullish on Bitcoin. However, I know better than to FOMO in. There a couple things that indicate we may not be out of the woods yet. Zoom in closely to the areas I have circled in red and pay attention to the GREY 4 hour 10 MA represented on the weekly chart. I outlined 2 of them with blue triangles to highlight...
BITMEX:XBT When we invert the chart, starts to look a little more recognizable. Currently short, looking to long the flip. Please free to post your ideas below! Don't forget to like if you agree! Stop by my free discord to add your 2 satoshis! discord.gg
I've been HODLING my VET several months and it saddened me to dump my bags at near break-even value. I feel VET has a lot to offer long-term. I'll be looking for buys below 60 sats when alt season hits. But BTC dominance seems to be leading supremely, so I've finally abandoned every shitcoin I had (including my ADA position last night). However, I would not be...
Hello friends! Well Bitcoin is having a tough time staying alive, giving just enough boosts for small hopium addicts to stay in this sustained downtrend while big bags make sneaky exits. Looks like bitcoin bulls missed their chance for any REAL upward movement, as demonstrated by my green arrow. Now facing CRUSHING resistance in the 8k - 8.3k region , but almost...
Well we gave BTC a chance but it just wants to go down. Can't fight it forever, shorting 8170 with tight stop above 8200. BTC sinking ship for short-mid term, click like if you agree. First target 8050, looking for re-entry sub 8k, we'll know when we get there Please join my discord. It's free! discord.gg
We have a double bottom, higher highs and higher lows on the hourly. When I first began investing I noticed this stair-step pattern that happens before HUGE moves up. Wanted to burn that image into my brain. This might be it. Worldwide demand for BTC is high at this price. For my pattern to be valid we have to go up fairly soon (within the next few days). Sideways...
HEY MAN DON'T HAVE A COW! WE'RE GOING UP FROM HERE! Please don't forget to leave a like and join me on my ALWAYS FREE community discord. Watch me do well most days and get rekt on days like today discord.gg
Long time no see! As you can see we almost hit our 100 daily ema. I noticed some similarities from 2017, rsi looks oversold, tapping the 25 perfectly. We have also dipped into the "buy zone" on the daily Crypto_VN WaveTrend indicator. As long as we get the reversal on the daily I expect to see a bounce from 9.2 - 9.8 k , perhaps sky is the limit, but as always...
Hey guys it's your favorite underrated moon boy, back with some minimal TA and basic concepts. I was so ready to buy at 10k now it has arrived I've changed my view. As you can see we have a double top on the weekly with a huge bearish divergence on the RSI. MACD is beginning a reversal, volume is low. It looks bad. I will be watching 9.4 closely but if it breaks...
BTC SENDING A CLEAR MESSAGE!!!
On the 4 hour we are showing a double top with MACD strongly reversing. A strong downtrend could take us down to the green superbuy zone. We also have strong support in the 10k area, so will consider entry if and when we reach that area. Sitting in USD for a couple days until we can get a clear direction. Everybody seeming pretty bullish lately , haven't seen any...
LTC looking good on the USD pair, not so much on the BTC pairing. Making higher lows, halvening happens in about 6 hours. Think we should see growth here from the USD pair. If BTC nukes LTC will probably follow. So be careful. Looks good to me though to clear 100+, depending on what Bitcoin does. Also should be a nice long term HODL if you prefer. Disclaimer: I...