Potential confirmation of an Adam and Eve bottom pattern on Ethereum Daily. Historically holds a reasonable strike rate - Time will tell
A thought I've had for nearly 6 months and thought I'd share. If Bitcoin is going to rhyme with the 2013 cycle this is what I'd look for
Time an entry - HODL & Forget - Check on New Year's Eve
While the wild volatility lately has shaken so many traders out of the tree's - Taking a breath and looking at the bigger picture looks very promising. I will do a full write-up later when I have more time on my hands. Cheers -
Hell no! Bakkt don't mean a thing to me. This is like seeing a recession coming for the past 12 months painted all over the charts and then blaming it on "war"! Only blind people would be willing to fall for such narratives. My reasoning is because everything single emotion from every single occurrence on the earth is already in the charts. The chart is painted...
I'll let the chart talk......Very interesting.....
Every bull cycle in Bitcoin's past has always held the 21 weekly MA as support during the length of the bull run. Everyone is expecting Bitcoin to dump - Even myself to an extent - However, taking out all of the Twitter guru's distraction and noise I am beginning to to think that 99% of the general public is going to be left waiting on that magical price drop to...
Good Day Everyone, It has been quite some time since I have last shared my thoughts here. Now is as good time as any to fill you in on what I see. The last chart I shared many months ago has held up perfectly so far. As Bitcoin hit its' lifelong trend line we got that major reaction we were looking for. This current analysis shows you where we are heading in...
Taking a step back from all the short term ups and downs its looking like as long as we hold the 200 MA - which is a horizontal support level which also happens to be at the 0.835 level just as we did in the last spectacular bull run we will be fine. It looks like the bottom has already been put in, or will be very shortly and probably not under $3k - Or, if it...
Looking into the theory that the 2018 Bitcoin chart painting is eerily similar to the bear market of 2014 - Maybe the MM's algo is doing it all over again. Take a look and decide for yourself. History may not always repeat, but it sure does rhyme. I don't necessarily believe we will see $2,700 BTC any day soon, however after unbiased perspective it is not out...
Looking into the theory that the 2018 Bitcoin chart painting is eerily similar to the bear market of 2014 - Maybe the MM's algo is doing it all over again. Take a look and decide for yourself. History may not always repeat, but it sure does rhyme.