rsqw

rsqw Updated 

Somebody might say that there is this huge inverse head and shoulders pattern on a table, but I don't really believe it. It's just too big for such a small bear trend.

rsqw Updated 

Ladies and gentlemen, we are going up.

rsqw Updated 

Bitcoin is forming a triangle. I'm looking for more upper movement.

rsqw Updated 

I remember being complaining about an official who didn't see a foul agains me to my basketball coach. He told me very strong words. coach: Do you make mistakes? me: Well, of course, yes sometimes I do. coach: Well he (an official) has just made a mistake too. So I have to admit, it was a mistake buying around 10K, the market draws inverse H&S, that theoretically...

rsqw

Here goes the classic. I think it's a good time to open new long positions.

rsqw Updated 

Let me share some ideas about current market situation. In my opinion, what you see now - is pure market manipulation, market crashed because of some "big and important" news. We are going down very fast and they try to sow fear. I really really don't think we will break 10K resistance level.

rsqw Updated 

Bitcoin is going to break inverse H&S pattern. MACD supports upper movement. Open long positions above 9K. TP1: 10K TP2: 12K SL: 8.4K

rsqw Updated 

Bitcoin is in the triangle, let's see what happens next.

rsqw Updated 

The first triangle played very well and since it's an ascending triangle I expect we'll hit 11200 in a short term.

rsqw Updated 

TP: 9500 SL: 8200

rsqw Updated 

Positive fundamental factors: 1. South Korean Exchange Coinone Adds Litecoin to Its Platform 2. NODE40 adds Litecoin (LTC) support to crypto tax software Litecoin broke the triangle and tested 50% fib level, MACD allows us going long and take the profit at 70 (next fib level).

rsqw Updated 

BCHUSD bounced from 580 Fib level, broke the resistance line at 630, MACD 4H supports upper movement, so I think it's a good time to open long positions. T/P: 840 S/L: 618

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S/L: 7500 T/P: 7100

rsqw Updated 

mac divergence + double top should be enough for a local correction to 550, S/L: 680

rsqw

The bearish trend was broken. I definitely recommend investing in Bitcoin Cash. Bitcoin Gold didn't gain as much attention as they've expected, Segwit2x hard fork holds Bitcoin Core under a pressure - these factors make Bitcoin Cash a nice candidate for investors until uncertainty is gone.

rsqw Updated 

Seems, BCHUSD is going to test MA50 (430USD) in the nearest 1-2 days. MACD confirms the reversal pattern.

rsqw Updated 

Reasons for a short position: 1. TA: Overbought market. 2. Bitcoin has reached the resistance level in ascending channel. 3. Black Monday anniversary.

rsqw Updated 

The MA70 and MA100 are both broken, that allows LTCUSD to test fib level at 72.