BTCUSD - flip a coin

٢٤ أبريل ٢٠١٨

What I see:

- rising wedge inside a falling wedge (bearish)
- double top
- bearish divergence and overbought on 4h, almost overbought on 1D
- most bearish walls have fallen already (not much BTC sell bids in the books anymore), a lot of buy bids bellow
- no noteworthy retracement from a >40% gain (this adds weight to the rising wedge inside a falling wedge scenario)
- shorts and longs stagnating yet price going up - this means real USD is going in, buying real, unleveraged BTC (hedge funds, new exchange opening?)

Either way this goes, I still believe that the market hasn't corrected enough and will therefore not be buying BTC at these prices.

٢٤ أبريل ٢٠١٨

ملاحظة

If you think crypto in general isn't overvalued, take look at DOGEBTC and convince me otherwise.

٣٠ أبريل ٢٠١٨

ملاحظة

This is still very indecisive IMO. I'm 60/40 that we go down though.

To break this downtrend, we should break this pink line and 10k resistance in 1 run, which would need a lot of volume. After that comes the previous local ATH - 11.5k-ish. I'm 80% we will not break that in 2018.

٣ مايو ٢٠١٨

ملاحظة

We've formed a triangle. The future weeks of BTC should be decided in the next 2 days (this is the time-limit for the triangle). If bulls do not break this up, the bearish 1D MACD cross will make this go down.

tradingview.com/chart/g5A246Jl/

٣ مايو ٢٠١٨

ملاحظة

Sorry, this is the correct chart/link:

٤ مايو ٢٠١٨

ملاحظة

This is a breakout. However, I won't be buying into this (especially since we're so close to the 10k resistance) and will definitely wait for a retrace (oversold on 1h/4h/daily).

١٨ مايو ٢٠١٨

ملاحظة

Nice bulltrap!

٢٣ مايو ٢٠١٨

ملاحظة

Been following the blue-line fractal quite nicely.